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Shoals Technologies Group, Inc.

Shoals Technologies Group, Inc. share price today

(SHLS)

Shoals Technologies Group, Inc. share price is $4.53 & ₹383.65 as on 7 Dec 2024, 2.30 'hrs' IST

$4.53

▲

-0.11

(-2.37%)

Market is closed - opens 8 PM, 09 Dec 2024

View live Shoals Technologies Group, Inc. share price in Dollar and Rupees. Guide to invest in Shoals Technologies Group, Inc. from India. Also see the sentimental analysis on Indian investors investing in Shoals Technologies Group, Inc.. Get details on the Indian mutual funds that are investing in Shoals Technologies Group, Inc.. Get Analyst recommendations and forecasts along with all the Shoals Technologies Group, Inc.'s financials.

Shoals Technologies Group, Inc. share price movements

$4.52
$4.74
$4.53
0.22%
Downside
Day's Volatility :4.64%
Upside
4.43%
$4.07
$17.50
$4.53
10.15%
Downside
52 Weeks Volatility :76.74%
Upside
74.11%

Shoals Technologies Group, Inc. Returns

Period	Shoals Technologies Group, Inc.	Sector (Industrials)	Index (Russel 2000)
3 Months	-20.27%	11.9%	0.0%
6 Months	-31.86%	15.2%	0.0%
1 Year	-66.76%	29.7%	0.0%
3 Years	-82.89%	34.2%	-21.5%

Shoals Technologies Group, Inc. Key Statistics

in dollars & INR

Previous Close	$4.64
Open	$4.75
Today's High	$4.74
Today's Low	$4.52
Market Capitalization	$815.2M
Today's Volume	$3.4M
52 Week High	$17.495
52 Week Low	$4.07
Revenue TTM	$422.7M
EBITDA	$78.7M
Earnings Per Share (EPS)	$0.2
PE Ratio	24.45
Profit Margin	7.78%
Quarterly Earnings Growth YOY	-0.37%
Return On Equity TTM	6.15%

How to invest in Shoals Technologies Group, Inc. from India?

It is very easy for Indian residents to invest directly in Shoals Technologies Group, Inc. from India. Indian investors can open a free US stocks account on the INDmoney app. You can find live prices of the Shoals Technologies Group, Inc. stock in both rupees (INR) and dollars (USD). Search for Shoals Technologies Group, Inc. or SHLS on INDmoney app and click on Buy or SIP. You can invest by choosing quantities of shares of Shoals Technologies Group, Inc. or Rupee/ Dollar value or set up a fixed SIP amount to be invested every month or week.

For example: You can easily buy Rs.100 worth of Shoals Technologies Group, Inc. shares which would translate to 0.187 fractional shares of Shoals Technologies Group, Inc. as of today. Learn more about fractional investing here.

Indians via INDmoney can now also, easily transfer and add their money to the US stocks account via INDmoney App. Click here for step by step process for the same

Indian investors sentiment towards Shoals Technologies Group, Inc.

-27.42%

Period: Sep 8, 2024 to Dec 7, 2024. Change in 30 Days versus previous period

Investment in Shoals Technologies Group, Inc. from India has reduced in the last 30 days as on Dec 8, 2024. -27.42% less purchase transactions for Shoals Technologies Group, Inc. in the last 30 days versus the previous period.

-75%

Period: Sep 8, 2024 to Dec 7, 2024. Change in 30 Days versus previous period

Search volume for Shoals Technologies Group, Inc. on INDmoney from India has reduced in the last 30 days as on Dec 8, 2024. -75% less investors are searching Shoals Technologies Group, Inc. in the last 30 days versus the previous period.

Global Institutional Holdings in Shoals Technologies Group, Inc.

BlackRock Inc
13.87%
Vanguard Group Inc
9.95%
Wellington Management Company LLP
7.86%
Point72 Asset Management, L.P.
4.11%
JPMorgan Chase & Co
3.74%
Amvescap Plc.
3.19%

Analyst Recommendation on Shoals Technologies Group, Inc.

Buy

84%Buy

16%Hold

0%Sell

Based on 25 Wall street analysts offering stock ratings for Shoals Technologies Group, Inc.(by analysts ranked 0 to 5 stars)

Based on 25 analyst

Current
1M Ago
3M Ago

Buy

Hold

Sell

Analyst Forecast on Shoals Technologies Group, Inc.

What analysts predicted

Upside of 67.96%

Current:

$4.53

Target:

$7.61

Insights on Shoals Technologies Group, Inc.

Increasing Revenue
Revenue is up for the last 3 quarters, 90.80M → 102.16M (in $), with an average increase of 5.7% per quarter
Decreasing Net Profit
Netprofit is down for the last 2 quarters, 11.80M → 3.13M (in $), with an average decrease of 73.4% per quarter
Vs FSLR
In the last 1 year, First Solar, Inc. has given 37.3% return, outperforming this stock by 103.2%
Vs FSLR
In the last 3 years, First Solar, Inc. has given 95.6% return, outperforming this stock by 179.5%

Shoals Technologies Group, Inc. Financials in INR & Dollars

	FY18	Y/Y Change
Revenue	$103.8M	-
Net Income	$8.6M	-
Net Profit Margin	8.33%	-

	FY19	Y/Y Change
Revenue	$144.5M	↑ 39.27%
Net Income	$25.1M	↑ 190.77%
Net Profit Margin	17.4%	↑ 9.07%

	FY20	Y/Y Change
Revenue	$175.5M	↑ 21.47%
Net Income	$33.8M	↑ 34.3%
Net Profit Margin	19.24%	↑ 1.84%

	FY21	Y/Y Change
Revenue	$213.2M	↑ 21.48%
Net Income	$3.9M	↓ 88.32%
Net Profit Margin	1.85%	↓ 17.39%

	FY22	Y/Y Change
Revenue	$326.9M	↑ 53.34%
Net Income	$127.6M	↑ 3135.57%
Net Profit Margin	39.03%	↑ 37.18%

	FY23	Y/Y Change
Revenue	$488.9M	↑ 49.55%
Net Income	$40.0M	↓ 68.68%
Net Profit Margin	8.18%	↓ 30.85%

	Q2 FY23	Q/Q Change
Revenue	$119.2M	↑ 13.44%
Net Income	$18.9M	↑ 32.37%
Net Profit Margin	15.87%	↑ 2.27%

	Q3 FY23	Q/Q Change
Revenue	$134.2M	↑ 12.58%
Net Income	$-9.8M	↓ 151.93%
Net Profit Margin	-7.32%	↓ 23.19%

	Q4 FY23	Q/Q Change
Revenue	$130.4M	↓ 2.81%
Net Income	$16.6M	↓ 268.72%
Net Profit Margin	12.71%	↑ 20.03%

	Q1 FY24	Q/Q Change
Revenue	$90.8M	↓ 30.38%
Net Income	$4.8M	↓ 71.21%
Net Profit Margin	5.26%	↓ 7.45%

	Q2 FY24	Q/Q Change
Revenue	$99.2M	↑ 9.3%
Net Income	$11.8M	↑ 147.21%
Net Profit Margin	11.89%	↑ 6.63%

	Q3 FY24	Q/Q Change
Revenue	$102.2M	↑ 2.94%
Net Income	$3.1M	↓ 73.4%
Net Profit Margin	3.07%	↓ 8.82%

	FY18	Y/Y Change
Total Assets	$185.5M	-
Total Liabilities	$47.3M	-

	FY19	Y/Y Change
Total Assets	$187.6M	↑ 1.12%
Total Liabilities	$37.7M	↓ 20.21%

	FY20	Y/Y Change
Total Assets	$195.3M	↑ 4.11%
Total Liabilities	$379.4M	↑ 906.43%

	FY21	Y/Y Change
Total Assets	$426.4M	↑ 118.33%
Total Liabilities	$433.9M	↑ 14.36%

	FY22	Y/Y Change
Total Assets	$594.9M	↑ 39.51%
Total Liabilities	$293.9M	↓ 32.27%

	FY23	Y/Y Change
Total Assets	$844.0M	↑ 41.87%
Total Liabilities	$299.0M	↑ 1.73%

	Q2 FY23	Q/Q Change
Total Assets	$818.8M	↑ 1.26%
Total Liabilities	$289.4M	↓ 4.33%

	Q3 FY23	Q/Q Change
Total Assets	$840.1M	↑ 2.6%
Total Liabilities	$315.5M	↑ 9.02%

	Q4 FY23	Q/Q Change
Total Assets	$855.5M	↑ 1.83%
Total Liabilities	$310.5M	↓ 1.59%

	Q1 FY24	Q/Q Change
Total Assets	$825.3M	↓ 3.53%
Total Liabilities	$271.3M	↓ 12.62%

	Q2 FY24	Q/Q Change
Total Assets	$788.4M	↓ 4.47%
Total Liabilities	$243.9M	↓ 10.13%

	Q3 FY24	Q/Q Change
Total Assets	$801.3M	↑ 1.63%
Total Liabilities	$256.1M	↑ 5.03%

	FY18	Y/Y Change
Operating Cash Flow	$3.0M	-
Investing Cash Flow	$-1.4M	-
Financing Cash Flow	$-19.2M	-

	FY19	Y/Y Change
Operating Cash Flow	$36.2M	↑ 1105.66%
Investing Cash Flow	$-1.7M	↑ 22.35%
Financing Cash Flow	$-27.5M	↑ 43.46%

	FY20	Y/Y Change
Operating Cash Flow	$54.1M	↑ 49.47%
Investing Cash Flow	$-3.2M	↑ 88.25%
Financing Cash Flow	$-47.9M	↑ 74.09%

	FY21	Y/Y Change
Operating Cash Flow	$-4.1M	↓ 107.55%
Investing Cash Flow	$-17.0M	↑ 426.42%
Financing Cash Flow	$20.6M	↓ 143.05%

	FY22	Y/Y Change
Operating Cash Flow	$39.5M	↓ 1066.32%
Investing Cash Flow	$-3.7M	↓ 78.53%
Financing Cash Flow	$-36.6M	↓ 277.6%

	Q2 FY23	Q/Q Change
Operating Cash Flow	$27.9M	↑ 181.66%
Investing Cash Flow	$-2.4M	↑ 18.52%
Financing Cash Flow	$-26.1M	↑ 155.94%

Shoals Technologies Group, Inc. Technicals Summary

Sell

Neutral

Buy

Shoals Technologies Group, Inc. is currently not in a favorable trading position ( SELL ) according to technical analysis indicators.

Shoals Technologies Group, Inc. Vs Peers

Company Name	1 Month	6 Month	1 Year	3 Years	5 Years
Shoals Technologies Group, Inc.	-18.74%	-31.86%	-66.76%	-82.89%	-85.02%
Nextracker Inc.	-11.92%	-37.27%	-11.13%	19.57%	19.57%
Sunrun Inc.	-10.69%	-26.78%	-22.4%	-75.42%	-21.87%
Enphase Energy, Inc.	-1.75%	-46.17%	-32.07%	-67.49%	192.84%
Jinkosolar Holding Co., Ltd.	5.82%	2.61%	-19.54%	-44.13%	28.16%
First Solar, Inc.	0.63%	-29.26%	35.47%	104.81%	277.23%

Company Name	P/E Ratio	P/B Ratio	PEG Ratio	EPS	ROE	ROA	Div Yield	BVPS
Shoals Technologies Group, Inc.	24.45	24.45	0.58	0.36	0.06	0.05	NA	3.27
Nextracker Inc.	9.56	9.56	2.51	2.72	0.61	0.19	NA	8.82
Sunrun Inc.	26.0	NA	0.45	-0.26	-0.21	-0.02	NA	23.55
Enphase Energy, Inc.	159.86	159.86	1.36	2.18	0.06	0.01	NA	6.9
Jinkosolar Holding Co., Ltd.	35.28	35.28	0.26	1.62	0.03	0.0	0.11	392.72
First Solar, Inc.	17.89	17.89	0.3	13.25	0.18	0.08	NA	70.93

Company Name	Analyst View	Market Cap	5 Years Return %	PE Ratio	Profit Margin
Shoals Technologies Group, Inc.	Buy	$815.2M	-85.02%	24.45	7.78%
Nextracker Inc.	Buy	$5.6B	19.57%	9.56	17.26%
Sunrun Inc.	Buy	$2.4B	-21.87%	26.0	-18.8%
Enphase Energy, Inc.	Buy	$9.9B	192.84%	159.86	4.91%
Jinkosolar Holding Co., Ltd.	Sell	$1.2B	28.16%	35.28	0.54%
First Solar, Inc.	Buy	$21.6B	277.23%	17.89	32.41%

About Shoals Technologies Group, Inc.

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

Management People of Shoals Technologies Group, Inc.

Name	Title
Mr. Brandon Moss	Director & CEO
Mr. Jeffery Tolnar	President
Mr. Dominic Bardos	Chief Financial Officer
Mr. Kirsten Moen	Chief Operations Officer
Ms. Inez Lund	Chief Accounting Officer
Mr. Matthew Tractenberg	Vice President of Finance & Investor Relations
Mr. Christian Chad Warpula	Interim Chief Legal Officer
Ms. Lindsey Williams	Vice President of Marketing
Ms. Karen Bazela	Vice President of Sales
Ms. Jessica Uecker	Chief Human Resources Officer

Important FAQs about investing in Shoals Technologies Group, Inc. from India :

What is Shoals Technologies Group, Inc. share price today?

Shoals Technologies Group, Inc. (SHLS) share price today is $4.53.

Can Indians buy Shoals Technologies Group, Inc. shares?

Yes, Indians can invest in the Shoals Technologies Group, Inc. (SHLS) from India.

With INDmoney, you can buy Shoals Technologies Group, Inc. at 0 brokerage. The step-by-step process is as follows:

Open your zero cost US Stocks account and zero balance IND linked savings a/c (this can be done in less than 3 minutes)
Transfer funds to your US Stocks account using your IND linked savings a/c (It takes 24 hours excluding Saturday and Sunday). With INDmoney, you get the best INR USD exchange rates.
Once funds are transferred successfully, you can buy Shoals Technologies Group, Inc. at zero transaction cost.

How can I buy Shoals Technologies Group, Inc. shares from India?

It is very easy to buy Shoals Technologies Group, Inc. from India. With INDmoney, you can open a US stocks account in less than 3 minutes. Transfer funds in 24 hours and buy stocks very easily - that too at 0 brokerage. All this is done at 0 account opening & management fee, 0 brokerages, and at the same time you get the best rupee-US dollar exchange rate.

Can Fractional shares of Shoals Technologies Group, Inc. be purchased?

Yes, you can buy fractional shares of Shoals Technologies Group, Inc. with INDmoney app.

What are the documents required to start investing in Shoals Technologies Group, Inc. stocks?

To start investing in Shoals Technologies Group, Inc., You will need the following documents:

Proof of Identification (PAN, Aadhaar etc)
Proof of address (Aadhaar, Voter ID etc)

These documents are required as per RBI's guidelines to create your IND linked savings a/c so that you can execute for global fund transfer. The entire process is paperless and can be completed seamlessly.