Shoals Technologies Group, Inc. (SHLS)

NASDAQ: SHLS · IEX Real-Time Price · USD
27.37
+1.88 (7.38%)
At close: Aug 18, 2022 4:00 PM
27.50
+0.13 (0.47%)
After-hours: Aug 18, 2022 7:59 PM EDT
7.38%
Market Cap 3.08B
Revenue (ttm) 249.35M
Net Income (ttm) 7.69M
Shares Out 112.67M
EPS (ttm) 0.11
PE Ratio 248.82
Forward PE 91.74
Dividend n/a
Ex-Dividend Date n/a
Volume 2,116,510
Open 25.88
Previous Close 25.49
Day's Range 25.19 - 27.57
52-Week Range 9.58 - 36.86
Beta n/a
Analysts Buy
Price Target 29.82 (+9.0%)
Earnings Date Aug 15, 2022

About SHLS

Shoals Technologies Group, Inc. provides electrical balance of system (EBOS) solutions for solar energy projects in the United States. It produces EBOS components, including cable assemblies, inline fuses, combiners, disconnects, recombiners, wireless monitoring systems, junction boxes, transition enclosures, splice boxes, wire management solutions, and IV curve benchmarking devices. The company also sells EV Charging solutions for public and fleet electric vehicle charging stations; and EBOS systems. It sells its products principally to engine... [Read more...]

Industry Solar
IPO Date Jan 27, 2021
Employees 697
Stock Exchange NASDAQ
Ticker Symbol SHLS
Full Company Profile

Financial Performance

In 2021, SHLS's revenue was $213.21 million, an increase of 21.48% compared to the previous year's $175.52 million. Earnings were $2.35 million, a decrease of -93.05%.

Financial Statements

Analyst Forecast

According to 19 analysts, the average rating for SHLS stock is "Buy." The 12-month stock price forecast is 29.82, which is an increase of 8.95% from the latest price.

Price Target
$29.82
(8.95% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Shoals Technologies Group (SHLS) Matches Q2 Earnings Estimates

Shoals Technologies (SHLS) delivered earnings and revenue surprises of 0% and 0.27%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

Shoals Technologies Group Further Strengthens Executive Management Team With Appointment of New Chief Financial Officer

– Appoints Dominic Bardos to Chief Financial Officer –

Shoals Technologies Group Announces Appointments of Jeannette Mills and Robert Julian to Board of Directors

PORTLAND, Tenn., Aug. 15, 2022 (GLOBE NEWSWIRE) -- Shoals Technologies Group, Inc. (“Shoals” or the “Company”) (Nasdaq: SHLS), a leading provider of electrical balance of systems (EBOS) solutions for so...

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 Awarded 53.4 MWdc Honduras Solar Project

PORTLAND, Tenn., Aug. 11, 2022 (GLOBE NEWSWIRE) -- Shoals Technologies Group, Inc. (“Shoals”) (Nasdaq: SHLS), a leading provider of electrical balance of systems (“EBOS”) solutions for solar, storage, a...

10 Stocks That Could Rise 10x (Safely)

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3 Energy Stocks to Buy Before the Bull Market Returns

When it comes to energy stocks to buy before the bull market returns, natural gas and solar companies seem like the best bets for investors right now. Natural gas prices have jumped to their highest poi...

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3 Clean Energy Stocks Set to Beat Q2 Earnings Estimates

Q2 earnings of the Oil-Energy sector, which houses clean energy stocks, are expected to improve 232%. SHLS, GEVO & ENVX are likely to deliver an earnings surprise this time around.

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Shoals Technologies Group, Inc. Announces Second Quarter 2022 Earnings Release Date and Conference Call

PORTLAND, Tenn., Aug. 02, 2022 (GLOBE NEWSWIRE) -- Shoals Technologies Group, Inc. (the “Company” or “Shoals”) (Nasdaq: SHLS) today announced that the Company will release its second quarter 2022 result...

Shoals Technologies Group (SHLS) Expected to Beat Earnings Estimates: Can the Stock Move Higher?

Shoals Technologies (SHLS) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

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The secular trends that favor solar energy are the same which existed for the last several years. Broadly speaking, concern for climate change continues to grow and demand for cleaner energy sources is ...

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Shoals Technologies Group Applauds President Biden's Executive Action to Spur U.S. Solar Manufacturing

PORTLAND, Tenn., June 07, 2022 (GLOBE NEWSWIRE) -- Shoals Technologies Group, Inc. (“Shoals” or “the Company”) (Nasdaq: SHLS), a leading provider of electrical balance of systems (EBOS) solutions for so...

Our call to action has been answered, says top solar analyst

Steve Fleishman, Wolfe Research senior analyst, joins CNBC's "Fast Money" to discuss the solar stocks soaring on reports that the the Biden administration will issue an executive action to stop new sola...

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There are big changes coming to the U.S. solar industry.

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Why Shoals Technologies Group Shares Are Rising

Shares of several solar-related companies, including Shoals Technologies Group Inc (NASDAQ: SHLS), are trading higher amid a report President Biden will issue a proclamation allowing the import of solar...

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These undervalued renewable energy stocks are changing hands for  incredibly attractive prices due to completely unfounded macro fears. The post 7 Most Undervalued Renewable Energy Stocks appeared first...

Other symbols: EVGOGEJKSPLUGTAN

Shoals Technologies Group, Inc. Increases Revolving Credit Facility to $150 Million

PORTLAND, Tenn., May 04, 2022 (GLOBE NEWSWIRE) --  Shoals Technologies Group, Inc. (“Shoals” or the “Company”) (Nasdaq: SHLS), a leading provider of electrical balance of system (“EBOS”) solutions for s...

Shoals Technologies Group, Inc. Announces Management Transition and First Quarter Earnings Release Date

– Appoints Interim Chief Financial Officer –

Ride Solar Star Shoals Technologies Group to $35

A bulked-up order backlog and optimistic revenue guidance make SHLS stock a worthy renewables play for risk-tolerant investors. The post Ride Solar Star Shoals Technologies Group to $35 appeared first o...

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Important global developments are likely to cause these seven growth stocks to triple this year, greatly rewarding those who invest in them. The post 7 Hot Growth Stocks That Are Poised to Triple This Y...

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Why Shoals Technologies Group Shares Popped 20% Today

Good earnings and a strong outlook had investors bidding up this renewable energy stock today.

Shoals Technologies Group Opens New Manufacturing Facility to Support Significant Growth Opportunities

New 219,000 sq. ft. facility in Portland, TN to further optimize EBOS manufacturing processes and expand production capacity New 219,000 sq. ft. facility in Portland, TN to further optimize EBOS manufac...