Solaris Energy Infrastructure (NASDAQ:SEI - Get Free Report) posted its quarterly earnings data on Monday. The company reported $0.08 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.14 by ($0.06), Zacks reports. Solaris Energy Infrastructure had a net margin of 7.04% and a return on equity of 9.04%. The firm had revenue of $75.02 million during the quarter, compared to analysts' expectations of $76.50 million. During the same quarter in the prior year, the firm posted $0.19 EPS.
Solaris Energy Infrastructure Stock Performance
SEI stock traded up $0.43 during midday trading on Tuesday, hitting $14.06. The company's stock had a trading volume of 1,319,574 shares, compared to its average volume of 370,251. The stock has a market capitalization of $618.64 million, a PE ratio of 21.97 and a beta of 1.22. The company has a quick ratio of 1.10, a current ratio of 1.25 and a debt-to-equity ratio of 0.22. Solaris Energy Infrastructure has a 52-week low of $6.59 and a 52-week high of $15.18.
Analysts Set New Price Targets
Separately, Stifel Nicolaus boosted their price target on shares of Solaris Energy Infrastructure from $14.00 to $15.00 and gave the stock a "buy" rating in a research note on Friday, October 11th.
View Our Latest Stock Analysis on Solaris Energy Infrastructure
About Solaris Energy Infrastructure
(
Get Free Report)
Solaris Oilfield Infrastructure, Inc designs and manufactures specialized equipment for oil and natural gas operators in the United States. The company provides mobile proppant and fluid management systems, as well as last mile logistics management services. It offers systems, mobilization, and last mile logistics services that are used to unload, store, and deliver proppant, water and/or chemicals at oil and natural gas well sites.
Further Reading
Before you consider Solaris Energy Infrastructure, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Solaris Energy Infrastructure wasn't on the list.
While Solaris Energy Infrastructure currently has a "Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
MarketBeat just released its list of 10 cheap stocks that have been overlooked by the market and may be seriously undervalued. Click the link below to see which companies made the list.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.