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Shoals Technologies Group (SHLS)
NASDAQ:SHLS
RESEARCH TOOLSreports
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SHLS Stock Chart & Stats
Day’s Range― - ―
52-Week Range$4.07 - $17.50
Previous CloseN/A
Volume984.88K
Average Volume (3M)5.59M
Market Cap
$778.48M
Enterprise Value$1.07B
Total Cash (Recent Filing)$108.00K
Total Debt (Recent Filing)$36.02M
Price to Earnings (P/E)24.2
Beta1.56
Next Earnings
Feb 26, 2025EPS Estimate
0.09Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)0.19
Shares Outstanding166,699,130
10 Day Avg. Volume7,330,521
30 Day Avg. Volume5,593,188
Standard Deviation0.18
R-Squared0.18
Alpha-0.04
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)1.79
Price to Cash Flow (P/CF)12.10
P/FCF Ratio14.20
Enterprise Value/Market Cap1.37
Enterprise Value/Revenue2.53
Enterprise Value/Gross Profit6.36
Enterprise Value/Ebitda26.21
Forecast
1Y Price Target
$7.07Price Target Upside51.39% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering15
Shoals Technologies Group News
Bulls Say, Bears Say
Bulls Say
Earnings And Financial OutlookIncreased confidence in the earnings outlook and execution heading into 2025.
Market PerformanceStrong book-to-bill trends are seen as the clearest way for the company to counter market share loss concerns.
Strategic PositioningThe company is strategically positioned as the utility-scale solar market transitions to higher voltage architecture, which is seen as a significant long-term advantage.
Bears Say
Financial PerformanceLong-term revenue guidance and implied number for 2025 came in below estimates, likely due to overestimated upside from project push-outs.
Growth ChallengesGrowth has moderated due to interconnection delays, long lead times for transformers, and labor availability serving as bottlenecks.
Patent DisputeThe ITC ruled against Shoals in a key patent dispute, allowing Voltage to continue importing its competing product into the U.S., which is expected to reignite a negative narrative around increased competition and market share loss for Shoals.
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Ownership Overview
6.56% Insiders
25.66% Mutual Funds
0.37% Other Institutional Investors
42.46% 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?
Shoals Technologies Group’s market cap is $778.48M.
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 39 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:
$7.07 (51.39% Upside)
$7.07 (51.39% Upside)
Blogger Sentiment
Bullish
SHLS Sentiment 100%
Sector Average 68%
Sector Average 68%
Hedge Fund Trend
Decreased
By 9.4M Shares
Last Quarter.
Last Quarter.
Insider Transactions
Bought Shares
Worth $141.8K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Neutral
Last 7 Days ▼ 1.1%
Last 30 Days ▲ 1.4%
Last 30 Days ▲ 1.4%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-64.54%
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
Earnings Call Sentiment|Neutral
The earnings call presented a mix of significant achievements in intellectual property protection and customer acquisition, alongside challenges such as revenue decline and project delays. Shoals showed strong quoting activity and new product innovations but faced financial impacts from shrink back remediation costs and gross margin pressures.Read More>---
SHLS Stock 12 Month Forecast
Average Price Target
$7.07
▲(51.39% Upside)
Technical Analysis
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Best Analysts Covering SHLS
1 Year
1 Year Success Rate
9/22 ratings generated profit
1 Year Average Return
-7.26%
reiterated a buy rating 2 months ago
Copying Mark Strouse's trades and holding each position for 1 Year would result in 40.91% of your transactions generating a profit, with an average return of -7.26% per trade.
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