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NASDAQ:SHLS

Shoals Technologies Group (SHLS) Stock Price, News & Analysis

Shoals Technologies Group logo
$5.76 -0.09 (-1.45%)
As of 03:42 PM Eastern
This is a fair market value price provided by Polygon.io. Learn more.

About Shoals Technologies Group Stock (NASDAQ:SHLS)

Key Stats

Today's Range
$5.65
$5.94
50-Day Range
$3.76
$6.30
52-Week Range
$2.71
$7.08
Volume
2.30 million shs
Average Volume
6.61 million shs
Market Capitalization
$963.79 million
P/E Ratio
48.04
Dividend Yield
N/A
Price Target
$8.63
Consensus Rating
Hold

Company Overview

Shoals Technologies Group Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
86th Percentile Overall Score

SHLS MarketRank™: 

Shoals Technologies Group scored higher than 86% of companies evaluated by MarketBeat, and ranked 53rd out of 266 stocks in the energy sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Shoals Technologies Group has received a consensus rating of Hold. The company's average rating score is 2.39, and is based on 13 buy ratings, 6 hold ratings, and 4 sell ratings.

  • Amount of Analyst Coverage

    Shoals Technologies Group has been the subject of 7 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

  • Read more about Shoals Technologies Group's stock forecast and price target.
  • Earnings Growth

    Earnings for Shoals Technologies Group are expected to grow by 27.59% in the coming year, from $0.29 to $0.37 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Shoals Technologies Group is 48.13, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 26.26.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Shoals Technologies Group is 48.13, which means that it is trading at a less expensive P/E ratio than the Energy sector average P/E ratio of about 63.99.

  • Price to Earnings Growth Ratio

    Shoals Technologies Group has a PEG Ratio of 0.79. PEG Ratios below 1 indicate that a company could be undervalued.

  • Price to Book Value per Share Ratio

    Shoals Technologies Group has a P/B Ratio of 1.73. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Read more about Shoals Technologies Group's valuation and earnings.
  • Percentage of Shares Shorted

    13.56% of the float of Shoals Technologies Group has been sold short.
  • Short Interest Ratio / Days to Cover

    Shoals Technologies Group has a short interest ratio ("days to cover") of 3.2, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Shoals Technologies Group has recently increased by 2.68%, indicating that investor sentiment is decreasing.
  • Dividend Yield

    Shoals Technologies Group does not currently pay a dividend.

  • Dividend Growth

    Shoals Technologies Group does not have a long track record of dividend growth.

  • Percentage of Shares Shorted

    13.56% of the float of Shoals Technologies Group has been sold short.
  • Short Interest Ratio / Days to Cover

    Shoals Technologies Group has a short interest ratio ("days to cover") of 3.2, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Shoals Technologies Group has recently increased by 2.68%, indicating that investor sentiment is decreasing.
  • News Sentiment

    Shoals Technologies Group has a news sentiment score of 0.94. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.78 average news sentiment score of Energy companies.
  • News Coverage This Week

    MarketBeat has tracked 10 news articles for Shoals Technologies Group this week, compared to 7 articles on an average week.
  • Search Interest

    6 people have searched for SHLS on MarketBeat in the last 30 days. This is an increase of 500% compared to the previous 30 days.
  • MarketBeat Follows

    3 people have added Shoals Technologies Group to their MarketBeat watchlist in the last 30 days. This is an increase of 50% compared to the previous 30 days.
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SHLS Stock News Headlines

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See More Headlines

SHLS Stock Analysis - Frequently Asked Questions

Shoals Technologies Group's stock was trading at $5.53 on January 1st, 2025. Since then, SHLS shares have increased by 4.6% and is now trading at $5.7850.

Shoals Technologies Group, Inc. (NASDAQ:SHLS) announced its quarterly earnings results on Tuesday, May, 6th. The company reported $0.02 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.04 by $0.02. The company's revenue was down 11.2% on a year-over-year basis.
Read the conference call transcript
.

Shoals Technologies Group (SHLS) raised $1 billion in an IPO on Wednesday, January 27th 2021. The company issued 50,000,000 shares at $19.00-$21.00 per share. Goldman Sachs, J.P. Morgan, Guggenheim Securities and UBS Investment Bank acted as the underwriters for the IPO.

Top institutional investors of Shoals Technologies Group include Assenagon Asset Management S.A. (0.21%), Swedbank AB (0.16%), Viking Fund Management LLC (0.12%) and Wealth Enhancement Advisory Services LLC (0.02%). Insiders that own company stock include Dean Solon, Brandon Moss, Jason R Whitaker, Dominic Bardos, Jeffery Tolnar, Mehgan Peetz and Inez Lund.
View institutional ownership trends
.

Shares of SHLS stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

Based on aggregate information from My MarketBeat watchlists, some other companies that Shoals Technologies Group investors own include Humana (HUM), American Water Works (AWK), Waste Connections (WCN), Voyager Therapeutics (VYGR), The RMR Group (RMR), TotalEnergies (TTE) and Southern First Bancshares (SFST).

Company Calendar

Last Earnings
5/06/2025
Today
7/14/2025
Next Earnings (Estimated)
8/05/2025
Fiscal Year End
12/31/2025

Industry, Sector and Symbol

Stock Exchange
NASDAQ
Sector
Energy
Industry
Solar
Sub-Industry
Electronic Equipment
Current Symbol
NASDAQ:SHLS
CIK
1831651
Fax
N/A
Employees
1,290
Year Founded
N/A

Price Target and Rating

High Price Target
$46.00
Low Price Target
$4.00
Potential Upside/Downside
+47.5%
Consensus Rating
Hold
Rating Score (0-4)
2.43
Research Coverage
23 Analysts

Profitability

EPS (Trailing Twelve Months)
$0.12
Trailing P/E Ratio
48.75
Forward P/E Ratio
20.17
P/E Growth
0.79
Net Income
$24.13 million
Net Margins
4.90%
Pretax Margin
8.39%
Return on Equity
7.63%
Return on Assets
5.31%

Debt

Debt-to-Equity Ratio
0.25
Current Ratio
2.34
Quick Ratio
1.58

Sales & Book Value

Annual Sales
$399.21 million
Price / Sales
2.45
Cash Flow
$0.38 per share
Price / Cash Flow
15.34
Book Value
$3.34 per share
Price / Book
1.75

Miscellaneous

Outstanding Shares
167,180,000
Free Float
166,306,000
Market Cap
$978.00 million
Optionable
Optionable
Beta
1.59
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This page (NASDAQ:SHLS) was last updated on 7/14/2025 by MarketBeat.com Staff
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