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Shoals Technologies Group (SHLS)
NASDAQ:SHLS
RESEARCH TOOLSreports
SHLS Stock Chart & Stats
Day’s Range― - ―
52-Week Range$2.91 - $13.44
Previous CloseN/A
Volume984.88K
Average Volume (3M)6.68M
Market Cap
$505.99M
Enterprise Value$1.07B
Total Cash (Recent Filing)$7.08M
Total Debt (Recent Filing)$26.05M
Price to Earnings (P/E)21.2
Beta1.36
Next Earnings
May 13, 2025EPS Estimate
0.04Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)0.14
Shares Outstanding166,994,670
10 Day Avg. Volume8,046,925
30 Day Avg. Volume6,679,149
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)1.46
Price to Cash Flow (P/CF)10.40
P/FCF Ratio11.70
Enterprise Value/Market Cap2.11
Enterprise Value/RevenueN/A
Enterprise Value/Gross Profit6.36
Enterprise Value/Ebitda13.60
Forecast
1Y Price Target
$6.37Price Target Upside110.23% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering16
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Bulls Say, Bears Say
Bulls Say
DemandShoals reported $145mn in new bookings, leading to a backlog of $635mn and a book-to-bill ratio of 1.4:1, indicating strong demand for its products.
Revenue GrowthShoals is well positioned to reaccelerate revenue growth in 2025 as industry permitting delays and interconnection issues ease.
TariffsTariffs could prove a tailwind for Shoals given its U.S. footprint compared to peers in China and Mexico.
Bears Say
CompetitionCompetitive pressures dragged on GM% in 4Q, implying lower ASPs, giving credence to bear thesis that Voltage/other EBOS competitors are driving pricing lower.
Gross MarginLower gross margin expectations is the main driver of the downside vs. MSe as we previously assumed a 41% gross margin for FY25 - our updated model assumes a 37.5% gross margin in FY25.
LitigationOngoing litigation, particularly with Voltage and Prysmian, poses a challenge for the company.
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Ownership Overview
6.56% Insiders
25.60% Mutual Funds
23.90% Other Institutional Investors
18.48% 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 $2.91 and its highest was $13.44 in the past 12 months.
What is Shoals Technologies Group’s market cap?
Shoals Technologies Group’s market cap is $505.99M.
When is Shoals Technologies Group’s upcoming earnings report date?
Shoals Technologies Group’s upcoming earnings report date is May 13, 2025 which is in 71 days.
How were Shoals Technologies Group’s earnings last quarter?
Shoals Technologies Group released its earnings results on Feb 25, 2025. The company reported $0.08 earnings per share for the quarter, missing the consensus estimate of $0.094 by -$0.014.
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 0.04.
How many shares outstanding does Shoals Technologies Group have?
Shoals Technologies Group has 166,994,670 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 $0.094. Following the earnings report the stock price went down -4.911%.
Which hedge fund is a major shareholder of Shoals Technologies Group?
Currently, no hedge funds are holding shares in SHLS
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Shoals Technologies Group Stock Smart Score
Neutral
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Analyst Consensus
Moderate Buy
Average Price Target:
$6.37 (110.23% Upside)
$6.37 (110.23% Upside)
Blogger Sentiment
Bullish
SHLS Sentiment 100%
Sector Average 67%
Sector Average 67%
Hedge Fund Trend
Increased
By 955.9K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $30.3K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.7%
Last 30 Days ▼ 3.3%
Last 30 Days ▼ 3.3%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-80.31%
12-Months-Change
Fundamentals
Return on Equity
4.38%
Trailing 12-Months
Asset Growth
-6.19%
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
Q4 2025
0:00 / 0:00
Earnings Call Sentiment|Neutral
The earnings call reflects a cautiously optimistic outlook for 2025 with improvements in bookings and market expansion. However, challenges such as the revenue decline in 2024 and ongoing litigation impact the sentiment. Shoals is focusing on expanding product offerings and market reach, while managing external challenges.Read More>---
SHLS Stock 12 Month Forecast
Average Price Target
$6.37
▲(110.23% Upside)
Technical Analysis
Canadian Solar
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First Solar
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SolarEdge Technologies
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Array Technologies
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Best Analysts Covering SHLS
1 Year
1 Year Success Rate
4/16 ratings generated profit
1 Year Average Return
-26.04%
reiterated a buy rating 6 days ago
Copying Brian K. Lee's trades and holding each position for 1 Year would result in 25.00% of your transactions generating a profit, with an average return of -26.04% per trade.
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