Solaris Oilfield Infrastructure with ticker code (SOI) have now 5 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The range between the high target price and low target price is between 16 and 11.5 with a mean TP of 14.1. Now with the previous closing price of 10.49 this indicates there is a potential upside of 34.4%. The day 50 moving average is 11.62 while the 200 day moving average is 9.58. The market cap for the company is $517m. You can visit the company’s website by visiting: https://www.solarisoilfield.com
The potential market cap would be $695m based on the market concensus.
Solaris Oilfield Infrastructure designs, manufactures, and sells mobile equipment to unload, store, and deliver proppant, water, and chemicals at oil and natural gas well sites in the United States. It is involved in the transloading and storage of proppant or railcars at its transloading facility. The company also develops Railtronix, an inventory management software. In addition, it provides last-mile logistics management services; AutoBlend, an integrated electric blender; top-fill equipment to enable quick unloading from bottom drop trucks; fluid management systems; and proprietary Solaris Lens software. The company serves exploration and production, and oilfield services industries. Solaris Oilfield Infrastructure was founded in 2014 and is headquartered in Houston, Texas.