Pickering Energy Partners Upgrades Solaris Energy Infrastructure (NASDAQ:SEI) to Outperform

Solaris Energy Infrastructure (NASDAQ:SEI) was upgraded by analysts at Pickering Energy Partners from a “neutral” rating to an “outperform” rating in a report issued on Wednesday, Briefing.com reports.

Separately, Stifel Nicolaus increased their target price 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.

Solaris Energy Infrastructure Stock Up 3.2 %

Shares of SEI opened at $14.06 on Wednesday. The stock has a market cap of $618.64 million, a price-to-earnings ratio of 31.96 and a beta of 1.22. 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 fifty-two week low of $6.59 and a fifty-two week high of $15.18.

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