Solaris Energy Infrastructure (NASDAQ:SEI) Upgraded by Pickering Energy Partners to "Outperform" Rating

Solaris Energy Infrastructure (NASDAQ:SEI - Get Free Report) was upgraded by equities research analysts at Pickering Energy Partners from a "neutral" rating to an "outperform" rating in a report issued on Wednesday, Marketbeat reports.

Separately, Stifel Nicolaus raised their price objective on Solaris Energy Infrastructure from $14.00 to $15.00 and gave the company a "buy" rating in a research report on Friday, October 11th.

Solaris Energy Infrastructure Stock Performance

Solaris Energy Infrastructure stock traded up $2.71 during mid-day trading on Wednesday, hitting $16.73. 508,805 shares of the company's stock were exchanged, compared to its average volume of 370,795. Solaris Energy Infrastructure has a fifty-two week low of $6.59 and a fifty-two week high of $16.73. The company has a current ratio of 1.25, a quick ratio of 1.10 and a debt-to-equity ratio of 0.22. The company has a market capitalization of $736.12 million, a PE ratio of 36.75 and a beta of 1.22.

Solaris Energy Infrastructure (NASDAQ:SEI - Get Free Report) last issued its quarterly earnings results on Thursday, August 8th. The company reported $0.13 EPS for the quarter, topping the consensus estimate of $0.11 by $0.02. The firm had revenue of $73.89 million for the quarter, compared to analysts' expectations of $70.00 million. Solaris Energy Infrastructure had a net margin of 4.80% and a return on equity of 7.62%. On average, research analysts predict that Solaris Energy Infrastructure will post 0.52 EPS for the current year.

Solaris Energy Infrastructure Company Profile

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.