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 better business? We will compare the two businesses based on the strength of their analyst recommendations, profitability, valuation, institutional ownership, earnings, media sentiment, risk, community ranking and dividends.
Shoals Technologies Group has a beta of 1.86, indicating that its share price is 86% more volatile than the S&P 500. Comparatively, JinkoSolar has a beta of 0.38, indicating that its share price is 62% less volatile than the S&P 500.
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.
Shoals Technologies Group has a net margin of 8.18% compared to JinkoSolar's net margin of 2.74%. Shoals Technologies Group's return on equity of 16.02% beat JinkoSolar's return on equity.
35.8% of JinkoSolar shares are held by institutional investors. 0.4% of Shoals Technologies Group shares are held by insiders. Comparatively, 19.8% of JinkoSolar shares are held by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock is poised for long-term growth.
In the previous week, Shoals Technologies Group had 39 more articles in the media than JinkoSolar. MarketBeat recorded 47 mentions for Shoals Technologies Group and 8 mentions for JinkoSolar. Shoals Technologies Group's average media sentiment score of -0.06 beat JinkoSolar's score of -0.24 indicating that Shoals Technologies Group is being referred to more favorably in the media.
Shoals Technologies Group currently has a consensus target price of $17.29, indicating a potential upside of 125.77%. JinkoSolar has a consensus target price of $26.60, indicating a potential upside of 2.19%. Given Shoals Technologies Group's stronger consensus rating and higher possible upside, equities 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.
Summary
Shoals Technologies Group beats JinkoSolar on 11 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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