Shoals Technologies Group, Inc. (SHLS)

$8.8

-0.05

(-0.56%)▲

Market is closed - opens 7 PM, 08 May 2024

Insights on Shoals Technologies Group, Inc.

  • Decreasing Revenue

    Revenue is down for the last 2 quarters, 134.20M → 130.43M (in $), with an average decrease of 2.8% per quarter

  • Increasing Net Profit

    Netprofit is up for the last 2 quarters, -9.82M → 16.58M (in $), with an average increase of 159.3% per quarter

  • Vs NXT

    In the last 1 year, Nextracker Inc. has given 51.7% return, outperforming this stock by 105.0%

Performance

  • $8.73
    $8.87
    $8.80
    downward going graph

    0.8%

    Downside

    Day's Volatility :1.58%

    Upside

    0.79%

    downward going graph
  • $8.06
    $28.34
    $8.80
    downward going graph

    8.41%

    Downside

    52 Weeks Volatility :71.56%

    Upside

    68.95%

    downward going graph

Returns

PeriodShoals Technologies Group, Inc.Sector (Industrials)Index (Russel 2000)
3 Months
-42.35%
6.2%
0.0%
6 Months
-45.47%
22.7%
0.0%
1 Year
-55.12%
24.6%
0.5%
3 Years
-69.25%
17.7%
-22.1%

Highlights

Market Capitalization
1.4B
Book Value
$3.2
Earnings Per Share (EPS)
0.24
PE Ratio
34.42
PEG Ratio
0.43
Wall Street Target Price
18.11
Profit Margin
8.18%
Operating Margin TTM
24.43%
Return On Assets TTM
6.87%
Return On Equity TTM
10.09%
Revenue TTM
488.9M
Revenue Per Share TTM
2.98
Quarterly Revenue Growth YOY
37.8%
Gross Profit TTM
131.3M
EBITDA
89.6M
Diluted Eps TTM
0.24
Quarterly Earnings Growth YOY
-0.87
EPS Estimate Current Year
0.6
EPS Estimate Next Year
0.86
EPS Estimate Current Quarter
0.17
EPS Estimate Next Quarter
0.17

Analyst Recommendation

Buy
    81%Buy
    13%Hold
    4%Sell
Based on 22 Wall street analysts offering stock ratings for Shoals Technologies Group, Inc.(by analysts ranked 0 to 5 stars)
Based on 22 analyst
  • Current
  • 1M Ago
  • 3M Ago
Buy
18
16
15
Hold
3
4
5
Sell
1
1
1

Analyst Forecast

What analysts predicted

Upside of 105.8%

Current $8.80
Target $18.11

Company Financials

FY18Y/Y Change
Revenue
103.8M
-
Net Income
8.6M
-
Net Profit Margin
8.33%
-
FY19Y/Y Change
Revenue
144.5M
↑ 39.27%
Net Income
25.1M
↑ 190.77%
Net Profit Margin
17.4%
↑ 9.07%
FY20Y/Y Change
Revenue
175.5M
↑ 21.47%
Net Income
33.8M
↑ 34.3%
Net Profit Margin
19.24%
↑ 1.84%
FY21Y/Y Change
Revenue
213.2M
↑ 21.48%
Net Income
3.9M
↓ 88.32%
Net Profit Margin
1.85%
↓ 17.39%
FY22Y/Y Change
Revenue
326.9M
↑ 53.34%
Net Income
127.6M
↑ 3135.57%
Net Profit Margin
39.03%
↑ 37.18%
FY23Y/Y Change
Revenue
488.9M
↑ 49.55%
Net Income
40.0M
↓ 68.68%
Net Profit Margin
8.18%
↓ 30.85%
Q3 FY22Q/Q Change
Revenue
90.8M
↑ 23.59%
Net Income
12.8M
↑ 74.71%
Net Profit Margin
14.05%
↑ 4.11%
Q4 FY22Q/Q Change
Revenue
94.7M
↑ 4.21%
Net Income
112.6M
↑ 782.6%
Net Profit Margin
118.97%
↑ 104.92%
Q1 FY23Q/Q Change
Revenue
105.1M
↑ 11.02%
Net Income
14.3M
↓ 87.3%
Net Profit Margin
13.6%
↓ 105.37%
Q2 FY23Q/Q Change
Revenue
119.2M
↑ 13.44%
Net Income
18.9M
↑ 32.37%
Net Profit Margin
15.87%
↑ 2.27%
Q3 FY23Q/Q Change
Revenue
134.2M
↑ 12.58%
Net Income
-9.8M
↓ 151.93%
Net Profit Margin
-7.32%
↓ 23.19%
Q4 FY23Q/Q Change
Revenue
130.4M
↓ 2.81%
Net Income
16.6M
↓ 268.72%
Net Profit Margin
12.71%
↑ 20.03%
FY18Y/Y Change
Total Assets
185.5M
-
Total Liabilities
47.3M
-
FY19Y/Y Change
Total Assets
187.6M
↑ 1.12%
Total Liabilities
37.7M
↓ 20.21%
FY20Y/Y Change
Total Assets
195.3M
↑ 4.11%
Total Liabilities
379.4M
↑ 906.43%
FY21Y/Y Change
Total Assets
426.4M
↑ 118.33%
Total Liabilities
433.9M
↑ 14.36%
FY22Y/Y Change
Total Assets
594.9M
↑ 39.51%
Total Liabilities
293.9M
↓ 32.27%
FY23Y/Y Change
Total Assets
855.5M
↑ 43.81%
Total Liabilities
310.5M
↑ 5.65%
Q3 FY22Q/Q Change
Total Assets
529.9M
↑ 6.7%
Total Liabilities
507.2M
↑ 3.9%
Q4 FY22Q/Q Change
Total Assets
594.9M
↑ 12.27%
Total Liabilities
293.9M
↓ 42.06%
Q1 FY23Q/Q Change
Total Assets
808.6M
↑ 35.92%
Total Liabilities
302.5M
↑ 2.93%
Q2 FY23Q/Q Change
Total Assets
818.8M
↑ 1.26%
Total Liabilities
289.4M
↓ 4.33%
Q3 FY23Q/Q Change
Total Assets
840.1M
↑ 2.6%
Total Liabilities
315.5M
↑ 9.02%
Q4 FY23Q/Q Change
Total Assets
855.5M
↑ 1.83%
Total Liabilities
310.5M
↓ 1.59%
FY18Y/Y Change
Operating Cash Flow
3.0M
-
Investing Cash Flow
-1.4M
-
Financing Cash Flow
-19.2M
-
FY19Y/Y Change
Operating Cash Flow
36.2M
↑ 1105.66%
Investing Cash Flow
-1.7M
↑ 22.35%
Financing Cash Flow
-27.5M
↑ 43.46%
FY20Y/Y Change
Operating Cash Flow
54.1M
↑ 49.47%
Investing Cash Flow
-3.2M
↑ 88.25%
Financing Cash Flow
-47.9M
↑ 74.09%
FY21Y/Y Change
Operating Cash Flow
-4.1M
↓ 107.55%
Investing Cash Flow
-17.0M
↑ 426.42%
Financing Cash Flow
20.6M
↓ 143.05%
FY22Y/Y Change
Operating Cash Flow
39.5M
↓ 1066.32%
Investing Cash Flow
-3.7M
↓ 78.53%
Financing Cash Flow
-36.6M
↓ 277.6%
Q3 FY22Q/Q Change
Operating Cash Flow
11.8M
↓ 38.5%
Investing Cash Flow
-747.0K
↓ 41.04%
Financing Cash Flow
-3.2M
↓ 55.16%
Q4 FY22Q/Q Change
Operating Cash Flow
34.4M
↑ 192.94%
Investing Cash Flow
-761.0K
↑ 1.87%
Financing Cash Flow
-56.5M
↑ 1668.77%
Q1 FY23Q/Q Change
Operating Cash Flow
9.9M
↓ 71.22%
Investing Cash Flow
-2.0M
↑ 163.21%
Financing Cash Flow
-10.2M
↓ 81.93%
Q2 FY23Q/Q Change
Operating Cash Flow
27.9M
↑ 181.66%
Investing Cash Flow
-2.4M
↑ 18.52%
Financing Cash Flow
-26.1M
↑ 155.94%

Technicals Summary

Sell

Neutral

Buy

Shoals Technologies Group, Inc. is currently in a neutral trading position according to technical analysis indicators.

More on Technical Analysis

Peers

Company Name1 Month6 Month1 Year3 Years5 Years
Shoals Technologies Group, Inc.
Shoals Technologies Group, Inc.
-13.83%
-45.47%
-55.12%
-69.25%
-71.43%
Nextracker Inc.
Nextracker Inc.
-8.04%
23.52%
45.49%
53.94%
53.94%
Sunrun Inc.
Sunrun Inc.
0.93%
12.16%
-30.25%
-73.73%
-28.42%
Solaredge Technologies, Inc.
Solaredge Technologies, Inc.
-10.28%
-17.9%
-79.41%
-72.75%
11.57%
Enphase Energy, Inc.
Enphase Energy, Inc.
-0.14%
45.99%
-29.52%
-6.41%
709.85%
First Solar, Inc.
First Solar, Inc.
8.14%
34.28%
9.21%
159.73%
214.17%
Company NameP/E RatioP/B RatioPEG RatioEPSROEROADiv YieldBVPS
Shoals Technologies Group, Inc.
Shoals Technologies Group, Inc.
34.42
34.42
0.43
0.6
0.1
0.07
NA
3.2
Nextracker Inc.
Nextracker Inc.
21.56
21.56
NA
2.69
0.44
0.13
NA
-50.19
Sunrun Inc.
Sunrun Inc.
26.0
NA
0.45
-1.3
-0.36
-0.03
NA
23.84
Solaredge Technologies, Inc.
Solaredge Technologies, Inc.
92.92
92.92
4.61
-2.11
0.02
0.02
NA
42.22
Enphase Energy, Inc.
Enphase Energy, Inc.
55.24
55.24
1.75
3.22
0.29
0.05
NA
6.79
First Solar, Inc.
First Solar, Inc.
22.93
22.93
0.41
13.58
0.13
0.06
NA
62.59
Company NameAnalyst ViewMarket Cap5 Years Return %PE RatioProfit Margin
Shoals Technologies Group, Inc.
Shoals Technologies Group, Inc.
Buy
$1.4B
-71.43%
34.42
8.18%
Nextracker Inc.
Nextracker Inc.
Buy
$6.3B
53.94%
21.56
5.53%
Sunrun Inc.
Sunrun Inc.
Buy
$2.1B
-28.42%
26.0
-71.0%
Solaredge Technologies, Inc.
Solaredge Technologies, Inc.
Buy
$3.2B
11.57%
92.92
1.15%
Enphase Energy, Inc.
Enphase Energy, Inc.
Buy
$14.6B
709.85%
55.24
15.1%
First Solar, Inc.
First Solar, Inc.
Buy
$19.0B
214.17%
22.93
25.03%

Institutional Holdings

  • BlackRock Inc

    12.64%

  • Vanguard Group Inc

    9.60%

  • Wellington Management Company LLP

    7.58%

  • ClearBridge Advisors, LLC

    5.27%

  • JPMorgan Chase & Co

    4.17%

  • Encompass Capital Advisors LLC

    3.99%

Company Information

shoals technologies group is a leading manufacturer of balance of systems solutions. through innovation and diversification shoals has grown exponentially since its founding in 1996. shoals maintains a diverse portfolio of pv balance of systems products, including combiner/re-combiner boxes, master fuse boxes, custom harnessing solutions, junction boxes, pv wire, in-line fuses, racking and pv monitoring solutions. shoals technologies group maintains the highest standards for excellence. it is this standard that has and continues to help shoals establish relationships with many of the top integrators and project developers in the solar industry. with solutions second to none in the marketplace, shoals has had the privilege to be part of some of the largest private and government projects to date around the world throughout the past decade shoals has continued to increase its market share and stands today as a torch bearer in the united states alternative energy industry.

Organization
Shoals Technologies Group, Inc.
Employees
1309
CEO
Mr. Brandon Moss
Industry
Technology

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