Shoals Technologies Group, Inc. (SHLS)
| Market Cap | 4.43B |
| Revenue (ttm) | 196.68M |
| Net Income (ttm) | n/a |
| Shares Out | 166.61M |
| EPS (ttm) | 0.20 |
| PE Ratio | 132.97 |
| Forward PE | 55.25 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 1,544,838 |
| Open | 27.67 |
| Previous Close | 27.62 |
| Day's Range | 25.87 - 27.70 |
| 52-Week Range | 20.94 - 44.04 |
| Beta | n/a |
| Analysts | Buy |
| Price Target | 40.50 (+56.2%) |
| Est. Earnings Date | Nov 9, 2021 |
About SHLS
Shoals Technologies Group, Inc. provides electrical balance of system (EBOS) solutions for solar energy projects in the United States. It offers EBOS components, such as cable assemblies, inline fuses, combiners, recombiners, disconnects, wireless monitoring systems, junction boxes, transition enclosures, and splice boxes that carry the electric current produced by solar panels to an inverter and to the power grid. The company sells its products to engineering, procurement, and construction firms that build solar energy projects. Shoals Technol...
Financial Performance
In 2020, SHLS's revenue was $175.52 million, an increase of 21.47% compared to the previous year's $144.50 million. Earnings were $33.77 million, an increase of 34.30%.
Financial StatementsAnalyst Forecast
According to 13 analysts, the average rating for SHLS stock is "Buy." The 12-month stock price forecast is 40.50, which is an increase of 56.19% from the latest price.
News
3 Renewable Energy Stocks to Consider Buying Right Now
Two solar component specialists and one renewable energy utility look well positioned to benefit from the expected growth in renewables.
Shoals Technologies Group Collaborates with EY for Electric Vehicle Charging Solutions
EV charging BOS solutions to deliver 20%–30% reduction in installation costs EV charging BOS solutions to deliver 20%–30% reduction in installation costs
Shoals Technologies Group, Inc. Reports Financial Results for Second Quarter 2021
– Reports Record Second Quarter Revenue Increased 38% Year-Over-Year to $59.7 million –
Is a Surprise Coming for Shoals (SHLS) This Earnings Season?
Shoals (SHLS) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
Insider Action: Expiring Quiet Periods, Lockups for Week of 7/26
After a company files for an initial public offering (IPO), company executives typically embark on a “roadshow,” meeting with big investors and brokerages to tout the virtues of both their company and t...
Shoals Technologies Group, Inc. Announces Changes to its Board of Directors
PORTLAND, Tenn., July 19, 2021 (GLOBE NEWSWIRE) -- Shoals Technologies Group, Inc. (“Shoals” or the “Company”) (Nasdaq: SHLS), a leading provider of electrical balance of systems (“EBOS”) solutions for ...
Shoals Technologies Group, Inc. Announces Pricing of an Offering of 13,384,155 Shares of Class A Common Stock
PORTLAND, Tenn., July 15, 2021 (GLOBE NEWSWIRE) -- Shoals Technologies Group, Inc. (Nasdaq: SHLS) (the “Company”) today announced the pricing of an underwritten public offering of an aggregate of 13,384...
Why Shoals Technologies Stock Dived by 14% on Tuesday
Hint: the reason starts with the letter D.
Shoals Technologies Seeks To Raise Capital Via Secondary Equity Offering Of 13.4M Shares
Shoals Technologies Group Inc (NASDAQ: SHLS) offered 13.38 million shares in a secondary equity offering. It includes 4.99 million shares offered by certain selling stockholders, including an entity con...
Shoals Technologies Group, Inc. Announces Launch of Offering of 13,384,155 Shares of Class A Common Stock
PORTLAND, Tenn., July 12, 2021 (GLOBE NEWSWIRE) -- Shoals Technologies Group, Inc. (Nasdaq: SHLS) (the “Company”) today announced the launch of an underwritten public offering of an aggregate of 13,384,...
Goldman Sachs Says Buy The Dip In Solar Stocks, Upgrades SolarEdge & Shoals Technologies
Solar stocks have taken a beating in the past three months, but one analyst says now is the time to buy the dip in Shoals Technologies Group Inc (NASDAQ: SHLS) and Solaredge Technologies Inc (NASDAQ: SE...
Shoals Technologies Group, Inc. Reports Financial Results for First Quarter 2021
– Reports Record First Quarter Revenue of $45.6 million –
Should You Buy Shoals (SHLS) Ahead of Earnings?
Shoals (SHLS) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
Shoals Technologies Group, Inc. Announces Key New Hires to Drive U.S. and International Growth in Solar, Energy Stora...
PORTLAND, Tenn., April 27, 2021 (GLOBE NEWSWIRE) -- Shoals Technologies Group, Inc. (“Shoals” or the “Company”) (Nasdaq: SHLS), a leading provider of electrical balance of systems (“EBOS”) solutions for...
4 Renewable Energy Stocks to Buy In Spite of the Sector Sell-Off
With governments and companies swiftly deploying solar panels and wind turbines, many renewable energy stocks are extremely attractive after their recent pullbacks. The post 4 Renewable Energy Stocks to...
3 Solar Companies With Good Financial Strength
In light of the Invesco Solar Exchange-Traded Fund (TAN) retreating close to 30% from its January high, three solar companies that have good financial strength and solid Piotroski F-scores as of Thursda...
Solar Company Shoals Reports Its Quarterly Results For First Time
Solar equipment company Shoals Technologies issued its first quarterly earnings report, which follows a successful initial public offering that exceeded expectations and raised $1.9 billion. The post So...
Shoals Technologies Group, Inc. Reports Financial Results for Fourth Quarter and Full-Year 2020
– Reports Record Revenue and Earnings for 2020 –
Shoals Technologies Group, Inc. Strengthens Board of Directors With Three New Members
Seasoned Executives Bring Added International and Domestic Expertise in Renewable Energy, Technology, Infrastructure, and Talent Management Seasoned Executives Bring Added International and Domestic Exp...
Shoals Technologies Group, Inc. Announces Fourth Quarter and Full-Year 2020 Earnings Release Date and Conference Call
PORTLAND, Tenn., March 10, 2021 (GLOBE NEWSWIRE) -- Shoals Technologies Group, Inc. (the “Company”) (Nasdaq: SHLS) today announced that the company will release its fourth quarter and full-year 2020 res...
Shoals Technologies Rides Green Energy Wave Among Solar Stocks
With solar power and stocks in the sector shining brightly, Shoals Technologies is well positioned to capture an increasing amount of market share in a portion of the solar power industry. The post Shoa...
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