Solaris Energy Infrastructure (NASDAQ:SEI) Raised to “Outperform” at Pickering Energy Partners

Solaris Energy Infrastructure (NASDAQ:SEI) was upgraded by Pickering Energy Partners from a “neutral” rating to an “outperform” rating in a note issued to investors on Wednesday, Marketbeat reports.

Separately, Stifel Nicolaus raised their price target on shares of Solaris Energy Infrastructure from $14.00 to $15.00 and gave the company a “buy” rating in a research note on Friday, October 11th.

Solaris Energy Infrastructure Trading Down 0.1 %

Shares of Solaris Energy Infrastructure stock opened at $16.50 on Wednesday. The company has a debt-to-equity ratio of 0.22, a quick ratio of 1.10 and a current ratio of 1.25. Solaris Energy Infrastructure has a 12-month low of $6.59 and a 12-month high of $16.90. The stock has a market cap of $726 million, a price-to-earnings ratio of 37.50 and a beta of 1.22.

Solaris Energy Infrastructure (NASDAQ:SEI) last posted its quarterly earnings results on Thursday, August 8th. The company reported $0.13 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.11 by $0.02. The business had revenue of $73.89 million for the quarter, compared to analyst estimates of $70.00 million. Solaris Energy Infrastructure had a net margin of 4.80% and a return on equity of 7.62%. Equities research analysts anticipate that Solaris Energy Infrastructure will post 0.52 EPS for the current year.

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.