How to Buy Solaris Oilfield Infrastructure Stock
Solaris Oilfield Infrastructure Inc
Solaris Oilfield Infrastructure is a oil & gas equipment & service company located in Texas, United States, which is part of the Energy sector, and is traded under the ticker SOI on the NYSE exchange.
Solaris Oilfield Infrastructure stock last closed at $8.60, up 2.14% from the previous day, and has increased 5.39% in one year. It has underperformed other stocks in the Oil & Gas Equipment & Services industry by 0.16 percentage points. Solaris Oilfield Infrastructure stock is currently +30.5% from its 52-week low of $6.59, and -24.06% from its 52-week high of $11.33.
At the moment, there are 43.01M SOI shares outstanding. The market value of SOI is $369.90M. In the past 24 hours, 204,217 SOI shares were traded.
How to Buy Solaris Oilfield Infrastructure Stock
Not sure how to invest in Solaris Oilfield Infrastructure stock? Here's how.
- Decide where to buy Solaris Oilfield Infrastructure stock: You need to choose a stock brokerage, but don't worry - we've analyzed dozens of online brokerages and apps to help you choose where to buy Solaris Oilfield Infrastructure stock.
- Sign up for your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
- Deposit funds into your brokerage account: Select your payment method and add your information.
- Analyze Solaris Oilfield Infrastructure stock: The Solaris Oilfield Infrastructure ticker symbol is SOI. Is Solaris Oilfield Infrastructure stock a good investment? Should you buy shares of SOI? How do SOI's underlying business fundamentals look? Do top analysts think Solaris Oilfield Infrastructure is a good buy? Why has SOI's stock price moved recently? (Hint: Our stock research website can help you evaluate if SOI is a good stock to buy).
- Make your SOI trade: Decide if you will purchase SOI shares at the current market price or use a limit order to purchase SOI stock at a given price.
- Get notifications regarding your investment in SOI: Create a watchlist to track your new investment in Solaris Oilfield Infrastructure stock.
Step 1: Decide where to buy Solaris Oilfield Infrastructure stock
You need an online brokerage account to access the NYSE market and buy SOI shares.
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Open eToro AccountStep 2: Sign up for your brokerage account
Now that you've picked the best brokerage, you need to fill out some personal info so you can buy SOI stock today.
How to Start a New Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Input your personal info to create your new brokerage account.
- Send your information by clicking the "Create Account" button. Get started with eToro today
Step 3: Deposit funds into your brokerage account
Now that you have filled out your info on one of the most highly reviewed stock apps, you need to deposit funds:
Check out the video below if you need help depositing money into your new brokerage account.
Step 4: Analyze Solaris Oilfield Infrastructure stock
After you have chosen the best place to buy Solaris Oilfield Infrastructure stock, it's very important to research their stock before you buy, so you truly wrap your head around the risk as well as the upside.
Solaris Oilfield Infrastructure stock quick numbers
SOI Zen Score
WallStreetZen was built to help everyday investors perform more in-depth fundamental analysis in minutes instead of hours.
You can view all of the due diligence checks on SOI's stock page.
Is SOI stock undervalued?
You can use a variety of different financial metrics, analyses, models, and charts to gauge SOI's fair value.
Using relative valuations methods:
- SOI could be undervalued based on its P/E ratio of 11.03x, relative to Oil & Gas Equipment & Services industry P/E ratio of 27.73x
- SOI may be undervalued based on its P/B ratio of 1.8x, relative to Oil & Gas Equipment & Services industry P/B ratio of 2.73x
You can access additional valuation analysis on SOI's stock here.
How do SOI Financials look?
Positive Financial Indicators:
- SOI profit margin has gone up from 6.6% to 8.3% in the past year.
- There are more short-term assets than short-term liabilities on the SOI balance sheet.
- SOI's operating cash flow of $89.92M allows it to safely service it's debt of $47.79M.
- SOI earnings of $35.46M is not sufficient to cover its interest payments.
Negative Financial Indicators:
- Total SOI debt is higher than 5 years ago, relative to shareholder equity.
- There are more long-term liabilities than short-term assets on the SOI balance sheet.
- SOI has a relatively high debt to equity ratio of 0.74.
Is Solaris Oilfield Infrastructure stock a Buy, Hold, or Sell, according to Wall Street analysts?
Out of 1 Wall Street analysts who track SOI, the consensus analyst rating on Solaris Oilfield Infrastructure is a Strong Buy
Please note that analyst forecasts are not recommendations, nor are they financial advice.
You can dive deeper into what analysts are projecting on the Solaris Oilfield Infrastructure stock forecast page.
SOI Technicals
How are SOI Revenues/Earnings doing?
Last year, SOI earnings were $24.34M. During the last five year, SOI's earnings have gone up by -13.38% per year. This was slower than the Oil & Gas Equipment & Services industry average of 103.83%.
Last year, SOI revenue was $292.95M. During the last five year, SOI's revenue has gone up by 8.24% per year. This was faster than the Oil & Gas Equipment & Services industry average of 8.17%.
You can analyze SOI's earnings and revenue performance here.
Are SOI insiders buying or selling the stock?
In the last year, insiders at SOI have sold more shares than they have bought.
Christopher M. Powell, CHIEF LEGAL OFFICER of SOI, was the latest SOI insider to sell. They sold $148,750.00 worth of SOI stock on Mar 15, 2024.
Research more about who owns SOI stock here.
Does SOI stock generate passive income?
Solaris Oilfield Infrastructure pays a dividend of 5.35%, compared to the Oil & Gas Equipment & Services industry's average dividend yield of 3.14%. If you owned $1,000 of SOI stock, you would have been paid $53.49 in the past year.
Solaris Oilfield Infrastructure dividend payments have consistently grown over the past 6 years and have remained stable.
Find more analysis about Solaris Oilfield Infrastructure dividend yield and history here.
SOI Social Trading Data
One of the primary reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to find out what other community members have to say.
Step 5: Make your SOI trade
There are two primary types of orders:
- Market order: A market order is an order to buy or sell a security at the best possible price.
Market orders are usually fine for most investors. - Limit order: A limit order allows you to buy or sell a security at a specific price (or better).
If you want to be sure you're buying or selling at an exact price limit, use a limit order.
Press the Open Trade button and your broker will execute the order.
If you require more assistance buying stocks on eToro, watch the how to video below:
Step 6: Get notifications regarding your investment in SOI
Now that you own some shares in SOI, you'll want to stay up-to-date on your shares.
Start a watchlist to get alerted to the latest events about your SOI stock.
SOI Feed
How to Buy Stock in Solaris Oilfield Infrastructure
To summarize, here are the 6 steps to buy Solaris Oilfield Infrastructure stock:
- Decide where to buy Solaris Oilfield Infrastructure stock
- Sign up for your brokerage account
- Deposit funds into your brokerage account
- Analyze Solaris Oilfield Infrastructure stock
- Make your SOI trade
- Get notifications regarding your investment in SOI
If you need a brokerage, eToro is our recommended option.
Get Started with eToro TodayIf you want to keep tabs on your investment in Solaris Oilfield Infrastructure, create your watchlist below.
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