Most-Downgraded StocksMost-DowngradedNASDAQ:SHLS Shoals Technologies Group (SHLS) Stock Price, News & Analysis → Forget AI, Imperium Is Expected to Grow 320,00% in 3 Years (From Banyan Hill Publishing) (Ad) Free SHLS Stock Alerts $8.77 +0.25 (+2.93%) (As of 02:16 PM ET) Add Compare Share Share Today's Range$8.60▼$8.8550-Day Range$8.21▼$16.4052-Week Range$8.06▼$28.34Volume1.30 million shsAverage Volume3.81 million shsMarket Capitalization$1.49 billionP/E Ratio35.08Dividend YieldN/APrice Target$20.94 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial Media Get Shoals Technologies Group alerts: Email Address Shoals Technologies Group MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.82 Rating ScoreUpside/Downside137.2% Upside$20.94 Price TargetShort InterestHealthy13.32% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.11Based on 11 Articles This WeekInsider TradingN/AProj. Earnings Growth43.14%From $0.51 to $0.73 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.3.76 out of 5 starsOils/Energy Sector72nd out of 239 stocksSemiconductors & Related Devices Industry33rd out of 87 stocks 4.4 Analyst's Opinion Consensus RatingShoals Technologies Group has received a consensus rating of Moderate Buy. The company's average rating score is 2.82, and is based on 14 buy ratings, 3 hold ratings, and no sell ratings.Amount of Analyst CoverageShoals Technologies Group has been the subject of 11 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 3.0 Short Interest Percentage of Shares Shorted13.32% of the float of Shoals Technologies Group has been sold short.Short Interest Ratio / Days to CoverShoals Technologies Group has a short interest ratio ("days to cover") of 5.5.Change versus previous monthShort interest in Shoals Technologies Group has recently decreased by 14.04%, indicating that investor sentiment is improving significantly. Previous Next 0.0 Dividend Strength Dividend YieldShoals Technologies Group does not currently pay a dividend.Dividend GrowthShoals Technologies Group does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for SHLS. Previous Next 2.3 News and Social Media Coverage News SentimentShoals Technologies Group has a news sentiment score of 0.11. 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 lower news sentiment than the 0.46 average news sentiment score of Oils/Energy companies.News Coverage This WeekMarketBeat has tracked 11 news articles for Shoals Technologies Group this week, compared to 5 articles on an average week.Search Interest9 people have searched for SHLS on MarketBeat in the last 30 days. This is an increase of 50% compared to the previous 30 days.MarketBeat FollowsOnly 4 people have added Shoals Technologies Group to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days. Previous Next 0.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Shoals Technologies Group insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 0.36% of the stock of Shoals Technologies Group is held by insiders. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for Shoals Technologies Group are expected to grow by 43.14% in the coming year, from $0.51 to $0.73 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Shoals Technologies Group is 35.32, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 133.79.Price to Earnings Ratio vs. SectorThe P/E ratio of Shoals Technologies Group is 35.32, which means that it is trading at a more expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 16.23.Price to Book Value per Share RatioShoals Technologies Group has a P/B Ratio of 2.76. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad DTIA new way to collect income from stocksMost people think of BUYING options when they talk about options. It’s how speculators leverage large sums of money hoping that a stock moves in the “right” direction over a certain period of time. The problem is - they don’t always pay off when you buy them. In fact, a contributing writer at the Financial Post studied options extensively… Click here to see me place one of these trades LIVE on camera. About Shoals Technologies Group Stock (NASDAQ:SHLS)Shoals Technologies Group, Inc. provides electrical balance of system (EBOS) solutions and components for solar, battery energy, and electric vehicle (EV) charging applications in the United States and internationally. The company designs, manufactures, and sells system solutions for both homerun and combine-as-you-go wiring architectures, as well as offers technical support services. It provides EBOS components, including combiners; plug-n-play branch connectors and inline fuses; AC disconnects; recombiners; wireless monitoring; junction boxes; wire management; EV power cabinets; and battery energy storage systems cabinets, as well as cable assemblies, transition enclosures, and splice boxes. In addition, the company offers eMobility solutions, such as a power center, which combines equipment needed to protect the charging equipment and transform voltage levels from the electric utility to those needed on the respective site; quick connect solutions for chargers to connect to the Shoals system; big lead assembly (BLA) technology in the EV space to connect multiple chargers to a single power center; and a raceway system that protects the above ground EV BLAs in walk over and drive over applications. Further, it provides Snapshot IV, a solar operations and maintenance solution that monitors the specific voltage and current of individual solar panels and compares the results against the manufacturer's projected performance. The company sells its products to engineering, procurement, and construction firms that build solar energy projects; utilities; solar developers, independent power producers; solar module manufacturers; and charge point operators. Shoals Technologies Group, Inc. was founded in 1996 and is headquartered in Portland, Tennessee.Read More SHLS Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart SHLS Stock News HeadlinesApril 29, 2024 | prnewswire.comROSEN, GLOBAL INVESTOR COUNSEL, Encourages Shoals Technologies Group, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action - SHLSApril 29, 2024 | americanbankingnews.comShoals Technologies Group, Inc. (NASDAQ:SHLS) Short Interest UpdateApril 29, 2024 | True Market Insiders (Ad)The “Next Bitcoin”? 10 CENT Crypto Set to ExplodeThe man who bought Bitcoin and Ethereum in 2017… and has spotted 44 different coins that have returned over 100%... Is now exposing a 10-cent coin that just partnered with Amazon…April 28, 2024 | prnewswire.comSHAREHOLDER ALERT: Pomerantz Law Firm Announces the Filing of a Class Action Against Shoals Technologies Group, Inc. - SHLSApril 26, 2024 | prnewswire.comSHOALS TECHNOLOGIES SHAREHOLDER ALERT BY FORMER LOUISIANA ATTORNEY GENERAL: KAHN SWICK & FOTI, LLC REMINDS INVESTORS WITH LOSSES IN EXCESS OF $100,000 of Lead Plaintiff Deadline in Class Action Lawsuit Against Shoals Technologies Group, Inc. - SHLSApril 26, 2024 | prnewswire.comShoals Technologies Group, Inc. Sued for Securities Law Violations - Investors Should Contact The Gross Law Firm for More Information - SHLSApril 25, 2024 | prnewswire.comSHLS Investors Have Opportunity to Lead Shoals Technologies Group, Inc. Securities Fraud LawsuitApril 25, 2024 | prnewswire.comSHAREHOLDER ACTION REMINDER: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of ShoalsApril 29, 2024 | True Market Insiders (Ad)The “Next Bitcoin”? 10 CENT Crypto Set to ExplodeThe man who bought Bitcoin and Ethereum in 2017… and has spotted 44 different coins that have returned over 100%... Is now exposing a 10-cent coin that just partnered with Amazon…April 23, 2024 | globenewswire.comShoals Technologies Group, Inc. Announces First Quarter 2024 Earnings Release Date and Conference CallApril 22, 2024 | prnewswire.comSHLS Investors Have Opportunity to Lead Shoals Technologies Group, Inc. Securities Fraud LawsuitApril 22, 2024 | prnewswire.comSHLS LAWSUIT ALERT: Levi & Korsinsky Notifies Shoals Technologies Group, Inc. Investors of a Class Action Lawsuit and Upcoming DeadlineApril 21, 2024 | americanbankingnews.comMizuho Lowers Shoals Technologies Group (NASDAQ:SHLS) Price Target to $16.00April 20, 2024 | prnewswire.comSHAREHOLDER ALERT: Pomerantz Law Firm Announces the Filing of a Class Action Against Shoals Technologies Group, Inc. - SHLSApril 19, 2024 | prnewswire.comSHOALS TECHNOLOGIES SHAREHOLDER ALERT: CLAIMSFILER REMINDS INVESTORS WITH LOSSES IN EXCESS OF $100,000 of Lead Plaintiff Deadline in Class Action Lawsuit Against Shoals Technologies Group, Inc. - SHLSApril 19, 2024 | prnewswire.comShoals Technologies Group, Inc. Sued for Securities Law Violations - Contact The Gross Law Firm Before May 21, 2024 to Discuss Your Rights - SHLSApril 18, 2024 | stockhouse.comSHLS INVESTOR ALERT: Bronstein, Gewirtz & Grossman LLC Reminds Shoals Technologies Group, Inc. Investors to Join the Class Action LawsuitApril 18, 2024 | prnewswire.comROSEN, A LONGSTANDING LAW FIRM, Encourages Shoals Technologies Group, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action - SHLSApril 16, 2024 | prnewswire.comSHLS Investors Have Opportunity to Lead Shoals Technologies Group, Inc. Securities Fraud LawsuitApril 16, 2024 | prnewswire.comThe Gross Law Firm Notifies Shoals Technologies Group, Inc. Investors of a Class Action Lawsuit and Upcoming Deadline - SHLSApril 16, 2024 | seekingalpha.comShoals Technologies: High-Growth Undervalued Stock Benefitting From High-Growth MarketsApril 15, 2024 | prnewswire.comSHAREHOLDER ACTION ALERT: The Schall Law Firm Encourages Investors in Shoals Technologies Group, Inc. with Losses of $100,000 to Contact the FirmApril 15, 2024 | prnewswire.comClass Action Filed Against Shoals Technologies Group, Inc. (SHLS) - May 21, 2024 Deadline to Join - Contact Levi & KorsinskyApril 14, 2024 | markets.businessinsider.comRBC Capital Keeps Their Buy Rating on Shoals Technologies Group (SHLS)April 14, 2024 | markets.businessinsider.comRBC Capital Keeps Their Buy Rating on Shoals Technologies Group (SHLS)April 13, 2024 | prnewswire.comINVESTOR DEADLINE APPROACHING: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of ShoalsApril 12, 2024 | prnewswire.comSHOALS TECHNOLOGIES SHAREHOLDER ALERT BY FORMER LOUISIANA ATTORNEY GENERAL: Kahn Swick & Foti, LLC Reminds Investors with Losses in Excess of $100,000 of Lead Plaintiff Deadline in Class Action Lawsuit Against Shoals Technologies Group, Inc. - SHLSSee More Headlines Receive SHLS Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Shoals Technologies Group and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings2/28/2024Today4/29/2024Next Earnings (Confirmed)5/07/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorOils/Energy Industry Semiconductors & related devices Sub-IndustryN/A Current SymbolNASDAQ:SHLS CUSIPN/A CIK1831651 Webwww.shoals.com Phone615-451-1400FaxN/AEmployees1,309Year FoundedN/APrice Target and Rating Average Stock Price Target$20.94 High Stock Price Target$33.00 Low Stock Price Target$13.00 Potential Upside/Downside+136.6%Consensus RatingModerate Buy Rating Score (0-4)2.82 Research Coverage17 Analysts Profitability EPS (Most Recent Fiscal Year)$0.25 Trailing P/E Ratio35.40 Forward P/E Ratio17.35 P/E GrowthN/ANet Income$39.97 million Net Margins8.18% Pretax Margin11.24% Return on Equity16.02% Return on Assets10.18% Debt Debt-to-Equity Ratio0.33 Current Ratio2.45 Quick Ratio1.88 Sales & Book Value Annual Sales$488.94 million Price / Sales3.08 Cash Flow$0.62 per share Price / Cash Flow14.34 Book Value$3.20 per share Price / Book2.77Miscellaneous Outstanding Shares170,330,000Free Float169,716,000Market Cap$1.51 billion OptionableOptionable Beta1.79 7 AI Stocks to Invest In: An Introduction to AI Investing For Self-Directed InvestorsAs the AI market heats up, investors who have a vision for artificial intelligence have the potential to see real returns. Learn about the industry as a whole as well as seven companies that are getting work done with the power of AI.Get This Free Report Key ExecutivesMs. Inez Lund (Age 58)Chief Accounting Officer Ms. Jessica UeckerChief Human Resources OfficerMr. Ben MaciasChief Revenue OfficerMr. Alex StuckerSenior VP of Sales & Business DevelopmentMr. John Hass (Age 53)Chief Product Officer Key CompetitorsJinkoSolarNYSE:JKSCanadian SolarNASDAQ:CSIQSolarEdge TechnologiesNASDAQ:SEDGDorchester MineralsNASDAQ:DMLPWorld KinectNYSE:WKCView All CompetitorsInsiders & InstitutionsSycomore Asset ManagementBought 31,509 shares on 4/29/2024Ownership: 0.086%Simplex Trading LLCSold 15,300 shares on 4/25/2024Ownership: 0.000%Assenagon Asset Management S.A.Bought 3,811 shares on 4/24/2024Ownership: 0.015%Sumitomo Mitsui Trust Holdings Inc.Sold 3,067 shares on 4/19/2024Ownership: 0.220%Allspring Global Investments Holdings LLCSold 896,892 shares on 4/18/2024Ownership: 0.225%View All Insider TransactionsView All Institutional Transactions SHLS Stock Analysis - Frequently Asked Questions Should I buy or sell Shoals Technologies Group stock right now? 17 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Shoals Technologies Group in the last twelve months. There are currently 3 hold ratings and 14 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" SHLS shares. View SHLS analyst ratings or view top-rated stocks. What is Shoals Technologies Group's stock price target for 2024? 17 equities research analysts have issued 12-month price objectives for Shoals Technologies Group's shares. Their SHLS share price targets range from $13.00 to $33.00. On average, they predict the company's stock price to reach $20.94 in the next twelve months. This suggests a possible upside of 137.2% from the stock's current price. View analysts price targets for SHLS or view top-rated stocks among Wall Street analysts. How have SHLS shares performed in 2024? Shoals Technologies Group's stock was trading at $15.54 on January 1st, 2024. Since then, SHLS shares have decreased by 43.2% and is now trading at $8.83. View the best growth stocks for 2024 here. Are investors shorting Shoals Technologies Group? Shoals Technologies Group saw a drop in short interest in the month of April. As of April 15th, there was short interest totaling 21,860,000 shares, a drop of 14.0% from the March 31st total of 25,430,000 shares. Based on an average daily trading volume, of 3,990,000 shares, the short-interest ratio is presently 5.5 days. Currently, 13.3% of the shares of the company are short sold. View Shoals Technologies Group's Short Interest. When is Shoals Technologies Group's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 7th 2024. View our SHLS earnings forecast. How can I listen to Shoals Technologies Group's earnings call? Shoals Technologies Group will be holding an earnings conference call on Tuesday, May 7th at 5:00 PM Eastern. Interested parties can register for or listen to the call using this link or dial in at 412-317-6671 with passcode "13743838". How were Shoals Technologies Group's earnings last quarter? Shoals Technologies Group, Inc. (NASDAQ:SHLS) posted its quarterly earnings data on Wednesday, February, 28th. The company reported $0.11 EPS for the quarter, missing the consensus estimate of $0.15 by $0.04. The business earned $130.44 million during the quarter, compared to analysts' expectations of $131.89 million. Shoals Technologies Group had a trailing twelve-month return on equity of 16.02% and a net margin of 8.18%. What ETFs hold Shoals Technologies Group's stock? ETFs with the largest weight of Shoals Technologies Group (NASDAQ:SHLS) stock in their portfolio include Invesco Solar ETF (TAN), ProShares S&P Kensho Cleantech ETF (CTEX), Global X Clean Tech ETF (CTEC), First Trust RBA American Industrial Renaissance ETF (AIRR), ALPS Clean Energy ETF (ACES), SPDR S&P Kensho Clean Power ETF (CNRG), Global X Solar ETF (RAYS) and SPDR S&P Kensho Intelligent Structures ETF (SIMS). What guidance has Shoals Technologies Group issued on next quarter's earnings? Shoals Technologies Group issued an update on its first quarter 2024 earnings guidance on Wednesday, February, 28th. The company provided EPS guidance of for the period. The company issued revenue guidance of $90.0 million-$100.0 million, compared to the consensus revenue estimate of $133.7 million. When did Shoals Technologies Group IPO? Shoals Technologies Group (SHLS) raised $1 billion in an initial public offering on Wednesday, January 27th 2021. The company issued 50,000,000 shares at a price of $19.00-$21.00 per share. Goldman Sachs, J.P. Morgan, Guggenheim Securities and UBS Investment Bank served as the underwriters for the IPO. Who are Shoals Technologies Group's major shareholders? Shoals Technologies Group's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Allspring Global Investments Holdings LLC (0.23%), Sumitomo Mitsui Trust Holdings Inc. (0.22%), Viking Fund Management LLC (0.09%), Sycomore Asset Management (0.09%), Simplex Trading LLC (0.00%) and Assenagon Asset Management S.A. (0.01%). Insiders that own company stock include Dean Solon, Jason R Whitaker, Jeffery Tolnar, Mehgan Peetz, Philip A Garton and Ty P Daul. View institutional ownership trends. How do I buy shares of Shoals Technologies Group? 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. Compare Top Brokerages Here. This page (NASDAQ:SHLS) was last updated on 4/29/2024 by MarketBeat.com Staff From Our PartnersConflict In Israel Sends Gold Soaring ???? 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