SHLS vs. JKS, CSIQ, SPWR, SEDG, WKC, ENVX, RES, KRP, GEL, and GLP
Should you be buying Shoals Technologies Group stock or one of its competitors? The main competitors of Shoals Technologies Group include JinkoSolar (JKS), Canadian Solar (CSIQ), SunPower (SPWR), SolarEdge Technologies (SEDG), World Kinect (WKC), Enovix (ENVX), RPC (RES), Kimbell Royalty Partners (KRP), Genesis Energy (GEL), and Global Partners (GLP). These companies are all part of the "oils/energy" sector.
Shoals Technologies Group (NASDAQ:SHLS) and JinkoSolar (NYSE:JKS) are both small-cap oils/energy companies, but which is the superior business? We will compare the two businesses based on the strength of their community ranking, risk, profitability, dividends, institutional ownership, valuation, analyst recommendations, earnings and media sentiment.
Shoals Technologies Group presently has a consensus target price of $17.29, indicating a potential upside of 149.19%. JinkoSolar has a consensus target price of $26.60, indicating a potential upside of 12.09%. Given Shoals Technologies Group's stronger consensus rating and higher probable upside, equities research analysts clearly believe Shoals Technologies Group is more favorable than JinkoSolar.
JinkoSolar has higher revenue and earnings than Shoals Technologies Group. JinkoSolar is trading at a lower price-to-earnings ratio than Shoals Technologies Group, indicating that it is currently the more affordable of the two stocks.
Shoals Technologies Group has a beta of 1.86, indicating that its stock price is 86% more volatile than the S&P 500. Comparatively, JinkoSolar has a beta of 0.38, indicating that its stock price is 62% less volatile than the S&P 500.
Shoals Technologies Group has a net margin of 6.42% compared to JinkoSolar's net margin of 2.74%. Shoals Technologies Group's return on equity of 13.95% beat JinkoSolar's return on equity.
In the previous week, Shoals Technologies Group had 48 more articles in the media than JinkoSolar. MarketBeat recorded 55 mentions for Shoals Technologies Group and 7 mentions for JinkoSolar. JinkoSolar's average media sentiment score of 0.09 beat Shoals Technologies Group's score of -0.03 indicating that JinkoSolar is being referred to more favorably in the news media.
JinkoSolar received 204 more outperform votes than Shoals Technologies Group when rated by MarketBeat users. Likewise, 55.80% of users gave JinkoSolar an outperform vote while only 47.62% of users gave Shoals Technologies Group an outperform vote.
35.8% of JinkoSolar shares are owned by institutional investors. 1.7% of Shoals Technologies Group shares are owned by company insiders. Comparatively, 19.8% of JinkoSolar shares are owned by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company will outperform the market over the long term.
Summary
Shoals Technologies Group beats JinkoSolar on 10 of the 18 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding SHLS and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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