Shoals Technologies Group, Inc. (SHLS)

$5

-0.05

(-0.99%)▲

Live

Performance

  • $4.98
    $5.38
    $5.00
    downward going graph

    0.4%

    Downside

    Day's Volatility :7.43%

    Upside

    7.06%

    downward going graph
  • $4.85
    $17.50
    $5.00
    downward going graph

    3.0%

    Downside

    52 Weeks Volatility :72.28%

    Upside

    71.42%

    downward going graph

Returns

PeriodShoals Technologies Group, Inc.Sector (Industrials)Index (Russel 2000)
3 Months
-23.95%
11.5%
0.0%
6 Months
-40.09%
15.6%
0.0%
1 Year
-67.59%
41.1%
0.0%
3 Years
-81.72%
33.4%
-23.0%

Highlights

Market Capitalization
823.2M
Book Value
$3.24
Earnings Per Share (EPS)
0.13
PE Ratio
38.0
PEG Ratio
0.51
Wall Street Target Price
9.07
Profit Margin
5.13%
Operating Margin TTM
18.72%
Return On Assets TTM
4.0%
Return On Equity TTM
4.34%
Revenue TTM
454.7M
Revenue Per Share TTM
2.67
Quarterly Revenue Growth YOY
-16.7%
Gross Profit TTM
131.3M
EBITDA
63.1M
Diluted Eps TTM
0.13
Quarterly Earnings Growth YOY
-0.37
EPS Estimate Current Year
0.37
EPS Estimate Next Year
0.47
EPS Estimate Current Quarter
0.08
EPS Estimate Next Quarter
0.18

Analyst Recommendation

Buy
    84%Buy
    16%Hold
    0
    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
21
21
20
Hold
4
4
4
Sell
00
00
00

Analyst Forecast

What analysts predicted

Upside of 81.4%

Current $5.00
Target $9.07

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%
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%
Q1 FY24Q/Q Change
Revenue
90.8M
↓ 30.38%
Net Income
4.8M
↓ 71.21%
Net Profit Margin
5.26%
↓ 7.45%
Q2 FY24Q/Q Change
Revenue
99.2M
↑ 9.3%
Net Income
11.8M
↑ 147.21%
Net Profit Margin
11.89%
↑ 6.63%
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%
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%
Q1 FY24Q/Q Change
Total Assets
825.3M
↓ 3.53%
Total Liabilities
271.3M
↓ 12.62%
Q2 FY24Q/Q Change
Total Assets
788.4M
↓ 4.47%
Total Liabilities
243.9M
↓ 10.13%
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%
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 not in a favorable trading position ( SELL ) 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.
-21.09%
-40.09%
-67.59%
-81.72%
-83.7%
Nextracker Inc.
Nextracker Inc.
-9.04%
-23.82%
-7.17%
10.05%
10.05%
Sunrun Inc.
Sunrun Inc.
-22.74%
45.37%
47.87%
-72.41%
-14.31%
Solaredge Technologies, Inc.
Solaredge Technologies, Inc.
-16.13%
-68.24%
-79.75%
-94.4%
-80.17%
Enphase Energy, Inc.
Enphase Energy, Inc.
-21.68%
-17.08%
-4.83%
-49.03%
253.96%
First Solar, Inc.
First Solar, Inc.
-19.55%
13.77%
32.53%
88.68%
255.96%
Company NameP/E RatioP/B RatioPEG RatioEPSROEROADiv YieldBVPS
Shoals Technologies Group, Inc.
Shoals Technologies Group, Inc.
38.0
38.0
0.51
0.37
0.04
0.04
NA
3.24
Nextracker Inc.
Nextracker Inc.
8.88
8.88
2.41
2.72
0.66
0.2
NA
7.82
Sunrun Inc.
Sunrun Inc.
26.0
NA
0.45
-0.2
-0.33
-0.02
NA
24.03
Solaredge Technologies, Inc.
Solaredge Technologies, Inc.
81.18
NA
4.61
-6.45
-0.22
-0.07
NA
36.98
Enphase Energy, Inc.
Enphase Energy, Inc.
98.46
98.46
1.02
2.46
0.14
0.02
NA
6.53
First Solar, Inc.
First Solar, Inc.
18.14
18.14
0.28
13.48
0.18
0.08
NA
67.78
Company NameAnalyst ViewMarket Cap5 Years Return %PE RatioProfit Margin
Shoals Technologies Group, Inc.
Shoals Technologies Group, Inc.
Buy
$823.2M
-83.7%
38.0
5.13%
Nextracker Inc.
Nextracker Inc.
Buy
$4.8B
10.05%
8.88
14.87%
Sunrun Inc.
Sunrun Inc.
Buy
$3.3B
-14.31%
26.0
-66.37%
Solaredge Technologies, Inc.
Solaredge Technologies, Inc.
Hold
$1.0B
-80.17%
81.18
-33.86%
Enphase Energy, Inc.
Enphase Energy, Inc.
Buy
$12.4B
253.96%
98.46
9.12%
First Solar, Inc.
First Solar, Inc.
Buy
$21.8B
255.96%
18.14
31.98%

Insights on Shoals Technologies Group, Inc.

  • Increasing Revenue

    Revenue is up for the last 2 quarters, 90.80M → 99.24M (in $), with an average increase of 8.5% per quarter

  • Increasing Net Profit

    Netprofit is up for the last 2 quarters, 4.77M → 11.80M (in $), with an average increase of 59.6% per quarter

  • Vs RUN

    In the last 1 year, Sunrun Inc. has given 48.3% return, outperforming this stock by 114.9%

  • Vs FSLR

    In the last 3 years, Shoals Technologies Group, Inc. has experienced a drawdown of -81.7%, however First Solar, Inc. resisted the overall trend and outperformed by 9.3%

Institutional Holdings

  • BlackRock Inc

    13.88%

  • Vanguard Group Inc

    9.89%

  • Wellington Management Company LLP

    6.87%

  • JOHO Capital LLC

    5.79%

  • JPMorgan Chase & Co

    5.34%

  • First Trust Advisors L.P.

    3.25%

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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