Shoals Technologies Group, Inc. (SHLS)
| Market Cap | 853.50M |
| Revenue (ttm) | 422.66M |
| Net Income (ttm) | 32.89M |
| Shares Out | 166.70M |
| EPS (ttm) | 0.19 |
| PE Ratio | 26.37 |
| Forward PE | 12.46 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 10,872,041 |
| Open | 4.49 |
| Previous Close | 4.54 |
| Day's Range | 4.45 - 5.19 |
| 52-Week Range | 4.07 - 17.50 |
| Beta | 1.69 |
| Analysts | Buy |
| Price Target | 10.60 (+107.03%) |
| Earnings Date | Nov 12, 2024 |
About SHLS
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... [Read more]
Financial Performance
In 2023, Shoals Technologies Group's revenue was $488.94 million, an increase of 49.55% compared to the previous year's $326.94 million. Earnings were $39.97 million, a decrease of -68.68%.
Financial StatementsAnalyst Forecast
According to 21 analysts, the average rating for SHLS stock is "Buy." The 12-month stock price forecast is $10.6, which is an increase of 107.03% from the latest price.
News
Shoals Q3: Navigating The Harsh Cyclicality Of Solar Power Returns
Despite a 65% stock price drop, I believe Shoals is poised for recovery by 2025–2026 due to easing project delays and expected interest rate declines, making it a Buy amid current pessimism. Shoals' s...
Shoals Technologies Q3: Still A Lot Of Uncertainty On The Horizon
Shoals Technologies Group, Inc. reported mixed Q3 earnings with a revenue decline and EPS miss due to project delays, impacting overall performance. Improved gross profit and operating margins show pr...
Shoals Technologies Group, Inc. (SHLS) Q3 2024 Earnings Call Transcript
Shoals Technologies Group, Inc. (NASDAQ:SHLS) Q3 2024 Earnings Conference Call November 12, 2024 8:00 AM ET Company Participants Matthew Tractenberg - Vice President of Finance and Investor Relations...
Shoals Technologies Group, Inc. Reports Financial Results for Third Quarter 2024
– Secures Favorable Initial Ruling in ITC Case Against Voltage, LLC – – Quarterly Revenue of $102.2 million – – Gross Profit Percentage of 24.8% and Adjusted Gross Profit Percentage of 37.9% – – Net L...
Shoals Technologies Group, Inc. Announces Participation in Upcoming Investor Events
PORTLAND, Tenn., Oct. 31, 2024 (GLOBE NEWSWIRE) -- Shoals Technologies Group, Inc. (“Shoals”), a global leader in electrical balance of system (“EBOS”) solutions for the energy transition market, anno...
Shoals Technologies Group, Inc. Announces Third Quarter 2024 Earnings Release Date and Conference Call
PORTLAND, Tenn., Oct. 14, 2024 (GLOBE NEWSWIRE) -- Shoals Technologies Group, Inc. (the “Company”) (Nasdaq: SHLS) today announced that the Company will release its third quarter 2024 results before ma...
This PG&E Analyst Begins Coverage On A Bullish Note; Here Are Top 5 Initiations For Monday
Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our analyst ratings page.
Shoals Technologies Group Appoints Chief Operations Officer and Interim Chief Legal Officer
PORTLAND, Tenn., Sept. 30, 2024 (GLOBE NEWSWIRE) -- Shoals Technologies Group, Inc. (“Shoals”), a global leader in electrical balance of system (“EBOS”) solutions for the energy transition market, ann...
Shoals Technology Group, Inc. Hosted Inaugural Investor Day
PORTLAND, Tenn., Sept. 05, 2024 (GLOBE NEWSWIRE) -- Shoals Technologies Group, Inc. (“the Company”) (Nasdaq: SHLS), a global leader in electrical balance of system (EBOS) solutions for the energy tran...
Shoals Technologies Stock: Why I'm Staying Bullish Despite The Recent Setbacks
Shoals Technologies has faced significant challenges in 2024, including project delays, supply chain disruptions, and legal issues, leading to a substantial decline in its stock price. Operational dis...
Shoals Technologies Group Secures Favorable Initial Ruling in ITC Case Against Voltage, LLC
Ruling Represents Big Win for U.S. Solar Manufacturing Industry and American Jobs Ruling Represents Big Win for U.S. Solar Manufacturing Industry and American Jobs
Shoals Technologies Group, Inc. (SHLS) Q2 2024 Earnings Call Transcript
Shoals Technologies Group, Inc. (SHLS) Q2 2024 Earnings Call Transcript
Shoals Technologies Group, Inc. Reports Financial Results for Second Quarter 2024
– Quarterly Revenue of $99.2 million – – Gross Margin of 40.3% – – Net Income of $11.8 million – – Adjusted EBITDA of $27.7 million – – Backlog and Awarded Orders Increased 18% Year-Over-Year to $642....
Shoals Technologies: Attractive Long-Term Growth Potential Despite Temporary Headwinds
Warren Buffett advises buying high-quality growth companies during temporary setbacks. Shoals Technologies Group is facing temporary headwinds in the solar and EV sectors, but it still has a signifian...
Shoals Technologies Group, Inc. Announces Second Quarter 2024 Earnings Release Date and Conference Call
PORTLAND, Tenn., July 15, 2024 (GLOBE NEWSWIRE) -- Shoals Technologies Group, Inc. (the “Company”) (Nasdaq: SHLS) today announced that the Company will release its second quarter 2024 results after ma...
Shoals Technologies Group to Launch Global Suite of Solutions at Intersolar Europe
PORTLAND, Tenn., June 17, 2024 (GLOBE NEWSWIRE) -- Shoals Technologies Group, Inc. (Nasdaq: SHLS), a global leader in electrical balance of system (EBOS) solutions for the energy transition market, to...
Shoals Technologies Group, Inc. to Host 2024 Inaugural Investor Day
PORTLAND, Tenn., June 13, 2024 (GLOBE NEWSWIRE) -- Shoals Technologies Group, Inc. (Nasdaq: SHLS), a leading provider of electrical balance of system (“EBOS”) solutions for the energy transition marke...
Shoals Technologies, Affirm Holdings, Apple And Other Big Stocks Moving Higher On Tuesday
U.S. stocks were lower, with the Dow Jones index falling over 250 points on Tuesday.
Shoals Technologies Group, Inc. Announces $150 Million Share Repurchase Program and Entry Into $25 Million Accelerated Share Repurchase Agreement
PORTLAND, Tenn., June 11, 2024 (GLOBE NEWSWIRE) -- Shoals Technologies Group, Inc. (“Shoals” or the “Company”) (Nasdaq: SHLS), a leading provider of electrical balance of system solutions for the ener...
The Gross Law Firm Reminds Shareholders of a Lead Plaintiff Deadline of May 21, 2024 in Shoals Technologies Group, Inc. Lawsuit - SHLS
NEW YORK , May 21, 2024 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Shoals Technologies Group, Inc. (NASDAQ: SHLS). Shareholders who purchased shares of SHLS duri...
DEADLINE ACTION NOTICE: The Schall Law Firm Encourages Investors in Shoals Technologies Group, Inc. with Losses of $100,000 to Contact the Firm
LOS ANGELES, CA / ACCESSWIRE / May 17, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Shoals Technologies Group, Inc. ("...
The Gross Law Firm Reminds Shareholders of a Lead Plaintiff Deadline of May 21, 2024 in Shoals Technologies Lawsuit - SHLS
NEW YORK , May 14, 2024 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Shoals Technologies Group, Inc. (NASDAQ: SHLS). Shareholders who purchased shares of SHLS duri...
Shoals Technologies Group, Inc. (SHLS) Q1 2024 Earnings Call Transcript
Shoals Technologies Group, Inc. (NASDAQ:SHLS) Q1 2024 Earnings Conference Call May 7, 2024 5:00 PM ET Company Participants Mehgan Peetz - General Counsel, Corporate Secretary & Chief Legal Officer Br...
Shoals Technologies Group, Inc. Reports Financial Results for First Quarter 2024
– Quarterly Revenue of $90.8 million –– Gross Margin of 40.2% –– Net Income of $4.8 million –– Adjusted EBITDA of $20.5 million –– Backlog and Awarded Orders Increased 17% Year-Over-Year to $615.2 mil...