Solaris Energy Infrastructure (NASDAQ:SEI) Earns Buy Rating from Analysts at Tudor, Pickering, Holt & Co.

Equities research analysts at Tudor, Pickering, Holt & Co. began coverage on shares of Solaris Energy Infrastructure (NASDAQ:SEI - Get Free Report) in a research report issued to clients and investors on Wednesday, MarketBeat.com reports. The brokerage set a "buy" rating and a $41.00 price target on the stock. Tudor, Pickering, Holt & Co.'s price objective would suggest a potential upside of 21.55% from the stock's current price.

Several other analysts also recently commented on SEI. Pickering Energy Partners raised Solaris Energy Infrastructure from a "neutral" rating to an "outperform" rating in a research note on Wednesday, November 6th. Stifel Nicolaus restated a "buy" rating and set a $30.00 price target (up previously from $23.00) on shares of Solaris Energy Infrastructure in a research note on Thursday, December 5th.

Solaris Energy Infrastructure Price Performance

Shares of NASDAQ SEI traded down $0.83 during midday trading on Wednesday, hitting $33.73. 943,496 shares of the company's stock were exchanged, compared to its average volume of 744,100. The firm has a fifty day simple moving average of $27.15. The company has a market cap of $2.26 billion, a P/E ratio of 76.66 and a beta of 1.38. Solaris Energy Infrastructure has a twelve month low of $7.15 and a twelve month high of $35.61. The company has a debt-to-equity ratio of 0.77, a quick ratio of 3.40 and a current ratio of 3.61.

Solaris Energy Infrastructure (NASDAQ:SEI - Get Free Report) last posted its earnings results on Monday, November 4th. The company reported $0.08 EPS for the quarter, missing analysts' consensus estimates of $0.14 by ($0.06). Solaris Energy Infrastructure had a net margin of 4.80% and a return on equity of 6.66%. The company had revenue of $75.02 million during the quarter, compared to analysts' expectations of $76.50 million. During the same period last year, the business earned $0.19 earnings per share. Equities analysts anticipate that Solaris Energy Infrastructure will post 0.39 EPS for the current fiscal year.

Insider Buying and Selling

In other news, Director James R. Burke sold 8,000 shares of the stock in a transaction on Thursday, November 7th. The shares were sold at an average price of $16.72, for a total value of $133,760.00. Following the completion of the sale, the director now owns 16,277 shares of the company's stock, valued at $272,151.44. This represents a 32.95 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Corporate insiders own 34.71% of the company's stock.

About Solaris Energy Infrastructure

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.