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Shoals Technologies Group (SHLS)
NASDAQ:SHLS
RESEARCH TOOLSreports
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SHLS Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$4.07 - $17.50
Previous Close$4.83
Volume7.69M
Average Volume (3M)5.30M
Market Cap
$805.16M
Enterprise Value$935.80M
Total Cash (Recent Filing)$11.11M
Total Debt (Recent Filing)$141.75M
Price to Earnings (P/E)25.0
Beta1.67
Next Earnings
Feb 26, 2025EPS Estimate
$0.09Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)0.19
Shares Outstanding166,699,123
10 Day Avg. Volume6,512,322
30 Day Avg. Volume5,299,497
Standard Deviation0.18
R-Squared0.20
Alpha-0.04
Financial Highlights & Ratios
Price to Book (P/B)1.35
Price to Sales (P/S)1.64
Price to Cash Flow (P/CF)11.00
P/FCF Ratio13.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue2.21
Enterprise Value/Gross Profit5.56
Enterprise Value/Ebitda22.93
Forecast
1Y Price Target
$7.90Price Target Upside63.56% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering16
Shoals Technologies Group News
Bulls Say, Bears Say
Bulls Say
Intellectual PropertyThe recent court decision around the company's IP should be seen as a victory.
Market ExpansionShoals plans to diversify into new markets including international, community, commercial & industrial, battery energy storage, and data centers.
Order GrowthManagement sounded confident in strong Q4 bookings with ~$60m in new awarded orders.
Bears Say
Customer Concentration RiskSHLS's largest EPC customer accounted for 36% of 2023 revenue, indicating customer concentration risk.
Financial PerformanceMargins were slightly weaker than expected due to volume discounts, non-recurring costs, and an increase in labor costs.
Revenue And OrdersBacklog and awarded orders fell to $596.6 million this quarter, from $642.3 million.
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Ownership Overview
6.55% Insiders
29.41% Mutual Funds
23.76% Other Institutional Investors
16.78% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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SHLS FAQ
What was Shoals Technologies Group’s price range in the past 12 months?
Shoals Technologies Group lowest stock price was $4.07 and its highest was $17.50 in the past 12 months.
What is Shoals Technologies Group’s market cap?
Currently, no data Available
When is Shoals Technologies Group’s upcoming earnings report date?
Shoals Technologies Group’s upcoming earnings report date is Feb 26, 2025 which is in 92 days.
How were Shoals Technologies Group’s earnings last quarter?
Shoals Technologies Group released its earnings results on Nov 12, 2024. The company reported $0.08 earnings per share for the quarter, missing the consensus estimate of $0.096 by -$0.016.
Is Shoals Technologies Group overvalued?
According to Wall Street analysts Shoals Technologies Group’s price is currently Undervalued.
Does Shoals Technologies Group pay dividends?
Shoals Technologies Group does not currently pay dividends.
What is Shoals Technologies Group’s EPS estimate?
Shoals Technologies Group’s EPS estimate is $0.09.
How many shares outstanding does Shoals Technologies Group have?
Shoals Technologies Group has 166,699,130 shares outstanding.
What happened to Shoals Technologies Group’s price movement after its last earnings report?
Shoals Technologies Group reported an EPS of $0.08 in its last earnings report, missing expectations of $0.096. Following the earnings report the stock price went down -15.945%.
Which hedge fund is a major shareholder of Shoals Technologies Group?
Among the largest hedge funds holding Shoals Technologies Group’s share is Ardsley Advisory Partners. It holds Shoals Technologies Group’s shares valued at 898K.
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Shoals Technologies Group Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$7.90 (63.56% Upside)
$7.90 (63.56% Upside)
Blogger Sentiment
Bullish
SHLS Sentiment 100%
Sector Average 67%
Sector Average 67%
Hedge Fund Trend
Decreased
By 9.4M Shares
Last Quarter.
Last Quarter.
Insider Transactions
Bought Shares
Worth $85.9K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 2.8%
Last 30 Days ▼ 4.9%
Last 30 Days ▼ 4.9%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-66.45%
12-Months-Change
Fundamentals
Return on Equity
6.15%
Trailing 12-Months
Asset Growth
-4.62%
Trailing 12-Months
Company Description
Shoals Technologies Group
Shoals Technologies Group Inc is a provider of electrical balance of system or "EBOS" solutions for solar energy projects in the United States. The products are sold principally to EPCs that build solar energy projects.
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SHLS Company Deck
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SHLS Earnings Call
Q3 2024
0:00 / 0:00
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SHLS Stock 12 Month Forecast
Average Price Target
$7.90
▲(63.56% Upside)
Technical Analysis
Best Analysts Covering SHLS
1 Year
1 Year Success Rate
4/13 ratings generated profit
1 Year Average Return
-15.42%
reiterated a buy rating 15 days ago
Copying Brian K. Lee's trades and holding each position for 1 Year would result in 30.77% of your transactions generating a profit, with an average return of -15.42% per trade.
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