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Market Cap 4.16B P/E 26.07 EPS this Y -7.70% Ern Qtrly Grth -85.30%
Income 39.97M Forward P/E 27.23 EPS next Y 43.30% 50D Avg Chg -2.00%
Sales 488.94M PEG 0.96 EPS past 5Y 54.02% 200D Avg Chg 1.00%
Dividend N/A Price/Book 7.87 EPS next 5Y 14.80% 52W High Chg -24.00%
Recommedations 1.90 Quick Ratio 1.84 Shares Outstanding 170.42M 52W Low Chg 42.00%
Insider Own 2.70% ROA 6.87% Shares Float 169.40M Beta 1.79
Inst Own 124.12% ROE 10.09% Shares Shorted/Prior 21.86M/25.25M Price 24.51
Gross Margin 34.42% Profit Margin 8.18% Avg. Volume 2,498,487 Target Price 18.11
Oper. Margin 24.43% Earnings Date May 7 Volume 6,164,885 Change -6.13%
About Shoals Technologies Group, Inc.

Shoals Technologies Group, Inc. provides electrical balance of system (EBOS) solutions and components for solar, battery energy, and electric vehicle (EV) charging applications in the United States and internationally. The company designs, manufactures, and sells system solutions for both homerun and combine-as-you-go wiring architectures, as well as offers technical support services. It provides EBOS components, including combiners; plug-n-play branch connectors and inline fuses; AC disconnects; recombiners; wireless monitoring; junction boxes; wire management; EV power cabinets; and battery energy storage systems cabinets, as well as cable assemblies, transition enclosures, and splice boxes. In addition, the company offers eMobility solutions, such as a power center, which combines equipment needed to protect the charging equipment and transform voltage levels from the electric utility to those needed on the respective site; quick connect solutions for chargers to connect to the Shoals system; big lead assembly (BLA) technology in the EV space to connect multiple chargers to a single power center; and a raceway system that protects the above ground EV BLAs in walk over and drive over applications. Further, it provides Snapshot IV, a solar operations and maintenance solution that monitors the specific voltage and current of individual solar panels and compares the results against the manufacturer's projected performance. The company sells its products to engineering, procurement, and construction firms that build solar energy projects; utilities; solar developers, independent power producers; solar module manufacturers; and charge point operators. Shoals Technologies Group, Inc. was founded in 1996 and is headquartered in Portland, Tennessee.

Shoals Technologies Group, Inc. News
04/23/24 Shoals Technologies Group, Inc. Announces First Quarter 2024 Earnings Release Date and Conference Call
03/28/24 12 Best Stocks to Buy in Falling Markets According to Analysts
03/20/24 10 NASDAQ Stocks with Biggest Upside
03/12/24 Shoals Technologies Group Asserts Its Intellectual Property Rights and Vows to Defend Patent
03/12/24 Should Consider Selling Shoals Technologies Group (SHLS) Due to Uncertainty Issues?
03/07/24 Time To Worry? Analysts Are Downgrading Their Shoals Technologies Group, Inc. (NASDAQ:SHLS) Outlook
03/07/24 Shoals Technologies Group Appoints CEO Brandon Moss to Its Board of Directors
03/04/24 Solar Surge? 3 Stocks to Buy Amid the Sector’s Comeback.
03/02/24 Earnings Miss: Shoals Technologies Group, Inc. Missed EPS By 13% And Analysts Are Revising Their Forecasts
03/01/24 Shoals Technologies Group Full Year 2023 Earnings: EPS Misses Expectations
02/29/24 Shoals Technologies Group, Inc. (NASDAQ:SHLS) Q4 2023 Earnings Call Transcript
02/29/24 Solar Stock Shoals Is Dropping. The CEO Points to a ‘Softer First Half.’
02/29/24 Q4 2023 Shoals Technologies Group Inc Earnings Call
02/28/24 Shoals Technologies Group (SHLS) Q4 Earnings and Revenues Lag Estimates
02/28/24 3 EV Charging Stocks Worth Plugging Into for Profits
02/28/24 Shoals Technologies Group Inc Reports Strong Revenue Growth Amidst Challenges
02/28/24 Shoals Technologies Group, Inc. Reports Financial Results for Fourth Quarter 2023
12:36 PM Shoals Technologies Group, Inc.'s (NASDAQ:SHLS) Fundamentals Look Pretty Strong: Could The Market Be Wrong About The Stock?
07:00 AM 7 No-Brainer Growth Stocks to Add to Your Portfolio ASAP
02/21/24 Governor Lee, Commissioner McWhorter Announce Shoals Technologies Group to Expand Manufacturing and Distribution Operations in Sumner County
SHLS Chatroom

User Image nate4145 Posted - 16 hours ago

$SHLS $ENPH $FSLR $RUN GDP report was -.8% below expectations. this should bode well for a rate cut

User Image onlythebestsocks Posted - 2 days ago

$AAPL $TSLA have around 3k to buy apple at $150 and Tesla at $100 if it won’t reach this then will buy more beaten down solar stocks $CSIQ $SEDG $SHLS

User Image TickerDD_com Posted - 2 days ago

From 4/17/2024, looking back across 22 Month-Ends for SHLS, Percentage Change of Average Monthly Price had More Negatives (55%) while Percentage Change of Average Monthly Volume had All Positives (100%) $SHLS #SHLS #SHLSStock #TickerDD https://www.youtube.com/watch?v=CzsloZTs3ac

User Image Stock_Titan Posted - 2 days ago

$SHLS Shoals Technologies Group, Inc. Announces First Quarter 2024 Earnings Release Date and Conference Call https://www.stocktitan.net/news/SHLS/shoals-technologies-group-inc-announces-first-quarter-2024-earnings-dm0p9d3t4bml.html

User Image GapFillKing Posted - 2 days ago

$SHLS turd lol

User Image GapFillKing Posted - 2 days ago

$SHLS 7% on commons and counting

User Image padd1 Posted - 2 days ago

$SHLS $enph $sedg why are US Solar stocks not moving at all??? https://www.reuters.com/world/us/biden-unveil-7-billion-rooftop-solar-earth-day-message-2024-04-22/

User Image Hoffmanomics Posted - 2 days ago

$NXT $FSLR $SHLS As part of the Earth Day celebration, President Joe Biden announced a seven billion dollar investment in solar energy, which could send solar-related stocks through the roof.

User Image TheLearnerEarner Posted - 3 days ago

$SHLS are you following yet? Be 1st in the trade before it runs 🤠 Nice 3.1% gain today and today was the 1st day! 🏇 Always FREE trade idea alerts daily by FOLLOWING 📟

User Image TheLearnerEarner Posted - 3 days ago

$SHLS added QUALITY VALUE GROWTH stock swing trade - industrials - mid cap - 6/9 F-Score - 3x analysts outperform rating - 9x analysts buy rating - 15x analysts coverage - earnings are forecast to grow 27.98% per year - trading at 37.9% below estimate of its fair value - short to medium term gains 💎 RSI: 24.11 (oversold) 📊 Analyst Price Target: $18.50 - $25.20 (123.16% - 209.77% above Price) 🌟 Range (12m) $8.06 - $28.34 💰 NEWSDESK (article idea is for SHLS only) 📰 https://investorplace.com/2024/03/solar-surge-3-stocks-to-buy-amid-the-sectors-comeback/

User Image onlythebestsocks Posted - 3 days ago

Brought heavy shares today $SHLS $CSIQ $SEDG heavy on solar ☀️and summer is coming too so yea I’m happy with this price

User Image YoloAlfred Posted - 4 days ago

$SHLS 🤔🤔🤔🤔🤔🤔

User Image RiskVsReward Posted - 5 days ago

Keep an eye on this. $SHLS

User Image padd1 Posted - 6 days ago

$SHLS nasdaq down 2,2%, and Shoals is green when all other solar stocks are down too. I like that $ENPH $SEDG $NXT

User Image nate4145 Posted - 6 days ago

$SHLS

User Image erevnon Posted - 6 days ago

Mizuho maintains Shoals Technologies $SHLS at Buy and lowers the price target from $18 to https://marketsblock.com/stock-upgrades-and-downgrades/

User Image SeeTheFuture Posted - 6 days ago

$SHLS Topped up having entered just above $10. Will top up on each dollar drop from here if the decline continues.

User Image HansNieman Posted - 6 days ago

$SHLS anybody worried about this big drop? When do you plan to buy again bulls?

User Image nate4145 Posted - 6 days ago

$SHLS gotta love the quiet period before earnings. hope it's a banger and these shorts get gaped

User Image ThomasArchibald Posted - 6 days ago

$SHLS In.

User Image DonCorleone77 Posted - 6 days ago

$SHLS Shoals Technologies price target lowered to $16 from $18 at Mizuho Mizuho lowered the firm's price target on Shoals Technologies to $16 from $18 and keeps a Buy rating on the shares. The firm's Q1 clean energy estimates are mostly in line with company guidance and consensus, saying most companies reset expectations on the Q4 earnings call and had good visibility for the quarter. The analyst says Mizuho's most significant change in its quarterly preview is regarding Q2 results for the residential solar and inverter names. The firm expects Q2 installs to be down quarter-over-quarter verses consensus assuming a Q1 trough, based on permitting data which show Q2 MWs down 7% quarter-over-quarter. Mizuho's sector preference for utility solar over residential solar is unchanged.

User Image ThomasArchibald Posted - 1 week ago

$SHLS interesting. Anyone know what their net margin was for 2023 I’m getting conflicting info

User Image Eyore Posted - 1 week ago

$MNTK shit show Like $SHLS

User Image abv75 Posted - 1 week ago

$SHLS The stock is undervalued but the reason I didn't invest in this company is because the CEO studied at Miami University, president at Baker University, CFO at University of Memphis, SVP at Southern Cross University. None of them inspires any confidence in me!

User Image ItsTheEagle Posted - 1 week ago

$SHLS I'm just gonna say it. Shoals is massively undervalued. Trading at less than 3x annual sales, P/E of 35. Even with the solar headwinds, they're expecting a sliver of revenue growth (2%) in 2024, while other solar stocks have seen massive negative growth. Net income expected to jump 150% to $100 million in 2024. At the current price, that's a P/E of **14**. What about their debt? They have $93 million coming due at the end of 2024. Their $100 million in net income plus their $22 million in cash on hand will be more than enough to cover that while we wait for the solar storm to end. Rate cuts will fix this. Commercial ground-mount solar is going to be much more resilient than residential rooftop solar, so the fact that Shoals is being dragged down so much makes no sense. I believe those who are willing to look past the short-term can buy shares of this amazing company at a record low valuation. I'm buying the dip. $ARRY $ENPH $SEDG

User Image nate4145 Posted - 1 week ago

$SHLS Buy all these dips. The fact of the matter revolving around this stock is: - $660 million dollar backlog and growing. Future revenues are more or less locked in. - Average analyst price target is $19. The lowest is $12, meaning at minimum analysts see 47% upside. Even after the shrink back warranty issue, analysts have reiterated their buy ratings. - Wire shrink-back is undeniably a defect of a wire producer. In this case, Prysmian. $SHLS will recoup this cost when the bench trial concedes 12/9/2025. - SHLS is considered a utility scale solar industry and should be less effected by the higher for longer interest rates. - Profitability: Profitable the last 3/4 quarters, more than most but the few biggest solar names can say ($ENPH, $FSLR, to name a few). - Drawdown in margins is a result from warranty claims filed as a result the Prysmian wire defects. After these warranties dry up, improved margins return. CNT'D in comments...

User Image rsmracks Posted - 1 week ago

$GSM $FSLR $SPWR $TAN $SHLS Remember I’ve been mentioning Q-Cells for a while now. They’re setting themselves up to produce 30+% of all solar panels in North America in the coming years. Who do they source their silicon from? Yes, Ferroglobe. GSM recently bought another quartz mine in South Carolina because they know the volume that’s going to be required for years to come. Several years ago, Ferroglobe was successful in gaining tariffs and anti dumping of silicon into the USA. I see Hanwha obtaining the same protection from Chinese solar panels. The amount of panels that will be built annually is staggering. The beauty of this, they only last about 20 years before they need to be replaced. Recycling of panels will also be a huge business opportunity moving forward. Exclusive: US plans to restore tariffs on dominant solar technology https://www.reuters.com/world/us/us-plans-restore-tariffs-dominant-solar-technology-sources-say-2024-04-17/

User Image dstockpicki Posted - 1 week ago

$SHLS Time to reverse. Met with installers of solar they say it’s a good company.

User Image padd1 Posted - 1 week ago

$SHLS 8,20 should be the bottom. The sp fell 30% the last 4 weeks, without any news. Longterm Investors should get paid

User Image HeyShoe Posted - 1 week ago

$SHLS Leadership left. Net margins are 8.8%. $PRYMY $HUBB $TEL have competing BLA product among others. Inverter technology changing. To clump this with other "green" energy companies is folicy and IBD sheep talk.

Analyst Ratings
Mizuho Buy Apr 19, 24
Piper Sandler Overweight Apr 11, 24
Cantor Fitzgerald Overweight Mar 13, 24
Roth MKM Buy Mar 11, 24
Barclays Equal-Weight Mar 5, 24
UBS Buy Mar 1, 24
Goldman Sachs Buy Mar 1, 24
Cantor Fitzgerald Overweight Feb 29, 24
RBC Capital Outperform Feb 29, 24
Insider Trades Relationship Date Transactions Cost($) #Shares Value($) #Share Own SEC Form 4
Peetz Mehgan General Counsel General Counsel Dec 05 Sell 14.21 3,310 47,035 78,075 12/06/23
TOLNAR JEFFERY President President Dec 05 Sell 14.15 2,500 35,375 60,154 12/06/23
Bardos Dominic Chief Financial Offi.. Chief Financial Officer Dec 05 Sell 14.24 4,200 59,808 66,925 12/06/23
TOLNAR JEFFERY President President Sep 14 Sell 21.66 1,975 42,778 62,654 09/14/23
Peetz Mehgan General Counsel General Counsel Sep 14 Sell 21.58 1,990 42,944 81,385 09/14/23
TOLNAR JEFFERY President President Apr 03 Sell 22.79 1,415 32,248 64,629 04/05/23
TOLNAR JEFFERY President President Mar 15 Sell 21.12 3,575 75,504 66,044 04/04/23
Peetz Mehgan General Counsel General Counsel Mar 14 Sell 21.09 3,954 83,390 90,654 03/16/23
Whitaker Jason R Other Other Mar 14 Sell 21.16 181,541 3,841,408 634,637 03/16/23
Solon Dean 10% Owner 10% Owner Mar 10 Sell 24.25 24,501,650 594,165,012 3,675,247 03/10/23
Whitaker Jason R Chief Executive Offi.. Chief Executive Officer Mar 02 Sell 24.84 18,048 448,312 446,924 03/06/23
Whitaker Jason R Chief Executive Offi.. Chief Executive Officer Feb 01 Sell 28.03 24,064 674,514 483,020 02/03/23
Whitaker Jason R Chief Executive Offi.. Chief Executive Officer Jan 24 Sell 28.12 24,064 676,680 507,084 01/26/23
Whitaker Jason R Chief Executive Offi.. Chief Executive Officer Dec 13 Sell 25.94 21,353 553,897 555,234 12/15/22
Whitaker Jason R Chief Executive Offi.. Chief Executive Officer Mar 14 Sell 25.08 28,847 723,483 668,314 09/15/22
Peetz Mehgan General Counsel General Counsel Jan 31 Sell 24.87 2,034 50,586 90,395 09/15/22
Peetz Mehgan General Counsel General Counsel Aug 22 Sell 25.24 3,703 93,464 97,106 08/24/22
Whitaker Jason R Chief Executive Offi.. Chief Executive Officer Aug 19 Sell 26.05 8,333 217,075 699,285 08/22/22
Whitaker Jason R Chief Executive Offi.. Chief Executive Officer Aug 18 Sell 26.84 125,003 3,355,081 707,618 08/22/22
Daul Ty P. Director Director Jun 16 Buy 17.60 5,500 96,800 28,591 06/17/22
Peetz Mehgan General Counsel General Counsel May 23 Sell 15.17 4,940 74,940 84,809 05/24/22
Garton Philip A Chief Financial Offi.. Chief Financial Officer Mar 23 Sell 22.00 100,000 2,200,000 27,842 03/25/22