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Shoals Technologies Group (SHLS)
NASDAQ:SHLS
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SHLS Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$4.85 - $17.50
Previous Close$5.77
Volume12.32M
Average Volume (3M)4.87M
Market Cap
$961.55M
Enterprise Value$1.11B
Total Cash (Recent Filing)$3.19M
Total Debt (Recent Filing)$146.75M
Price to Earnings (P/E)42.1
Beta1.50
Next Earnings
Feb 26, 2025EPS Estimate
$0.09Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)0.14
Shares Outstanding166,646,253
10 Day Avg. Volume5,981,891
30 Day Avg. Volume4,866,065
Standard Deviation0.18
R-Squared0.20
Alpha-0.04
Financial Highlights & Ratios
Price to Book (P/B)1.48
Price to Sales (P/S)2.11
Price to Cash Flow (P/CF)6.40
P/FCF Ratio6.70
Enterprise Value/Market CapN/A
Enterprise Value/Revenue2.43
Enterprise Value/Gross Profit6.57
Enterprise Value/Ebitda39.26
Forecast
1Y Price Target
$8.63Price Target Upside77.94% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering15
Shoals Technologies Group News
Bulls Say, Bears Say
Bulls Say
Market ExpansionShoals is transitioning from a company focused on one market and geography to a global business with multiple solutions, paving the way for significant growth opportunities.
Patent LitigationRecent favorable court decisions regarding Shoals' intellectual property enhance its competitive position in the US market, providing a strong foundation for future growth.
Product InnovationShoals continues to innovate by evolving existing products and augmenting them for new end markets like commercial solar, battery energy storage systems, and data centers, which could drive future revenue.
Bears Say
Market And Execution RisksNew markets growth strategy and assumed market share gains in US utility-scale solar come with elevated execution risk.
Operational RisksRising competition and a high margin outlook pose significant downside risks to the company's operations.
Revenue And Financial PerformanceElongating revenue cycles and a deteriorating macro environment present risks to financial performance estimates.
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Ownership Overview
6.54% Insiders
29.35% Mutual Funds
5.46% Other Institutional Investors
34.92% 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 $4.85 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 97 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 166,646,260 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 -6.364%.
Which hedge fund is a major shareholder of Shoals Technologies Group?
Among the largest hedge funds holding Shoals Technologies Group’s share is Joho Capital LLC. It holds Shoals Technologies Group’s shares valued at 60M.
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Shoals Technologies Group Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$8.63 (77.94% Upside)
$8.63 (77.94% Upside)
Blogger Sentiment
Bullish
SHLS Sentiment 100%
Sector Average 68%
Sector Average 68%
Hedge Fund Trend
Increased
By 3.3M Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $15.6K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Negative
Last 7 Days ▼ 2.5%
Last 30 Days ▲ 1.5%
Last 30 Days ▲ 1.5%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-57.00%
12-Months-Change
Fundamentals
Return on Equity
4.34%
Trailing 12-Months
Asset Growth
-3.71%
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
Q2 2024
0:00 / 0:00
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SHLS Stock 12 Month Forecast
Average Price Target
$8.63
▲(77.94% Upside)
Technical Analysis
Best Analysts Covering SHLS
1 Year
1 Year Success Rate
6/12 ratings generated profit
1 Year Average Return
-12.32%
reiterated a buy rating 10 days ago
Copying Brian K. Lee's trades and holding each position for 1 Year would result in 50.00% of your transactions generating a profit, with an average return of -12.32% per trade.
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