The company's fundamentals are relatively healthy. Its valuation is considered fairly valued,and institutional recognition is very high. Over the past 30 days, multiple analysts have rated the company as a Buy. Despite a very weak market performance, the company shows strong fundamentals and technicals. The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
Shoals Technologies Group Inc's Score
Industry at a Glance
Industry Ranking
70 / 182
Overall Ranking
171 / 4593
Industry
Machinery, Tools, Heavy Vehicles, Trains & Ships
Support & Resistance
Relevant data have not been disclosed by the company yet.
Score Analysis
Current score
Previous score
Analyst Rating
Based on
20
analysts
Buy
Current Rating
10.421
Target Price
+39.69%
Upside Space
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
Shoals Technologies Group Inc Highlights
StrengthsRisks
Shoals Technologies Group, Inc. is a provider of electrical balance of system (EBOS) solutions for solar, battery storage, and electric vehicle charging infrastructure. EBOS encompasses all of the components that are necessary to carry the electric current produced by solar panels to an inverter and ultimately to the power grid. EBOS components that it produces include cable assemblies, inline fuses, combiners, disconnects, recombiners, wireless monitoring systems, junction boxes, transition enclosures, splice boxes and battery energy storage systems (BESS) cabinets. It designs, manufactures, and sells system solutions for the two types of wiring architectures used by the United States solar industry: homerun and combine-as-you-go. Its solar O&M product offering, Snapshot IV, monitors the specific voltage and current of individual solar panels and compares the results against the manufacturer’s claimed/projected performance. It is also engaged in providing e-mobility solutions.
High Growth
The company's revenue has grown steadily over the past 3 years, averaging 22.10% year-on-year.
Fairly Valued
The company’s latest PE is 39.30, at a medium 3-year percentile range.
Institutional Selling
The latest institutional holdings are 186.61M shares, decreasing 25.66% quarter-over-quarter.
Shoals Technologies Group, Inc. is a provider of electrical balance of system (EBOS) solutions for solar, battery storage, and electric vehicle charging infrastructure. EBOS encompasses all of the components that are necessary to carry the electric current produced by solar panels to an inverter and ultimately to the power grid. EBOS components that it produces include cable assemblies, inline fuses, combiners, disconnects, recombiners, wireless monitoring systems, junction boxes, transition enclosures, splice boxes and battery energy storage systems (BESS) cabinets. It designs, manufactures, and sells system solutions for the two types of wiring architectures used by the United States solar industry: homerun and combine-as-you-go. Its solar O&M product offering, Snapshot IV, monitors the specific voltage and current of individual solar panels and compares the results against the manufacturer’s claimed/projected performance. It is also engaged in providing e-mobility solutions.
Ticker SymbolSHLS
CompanyShoals Technologies Group Inc
CEOMr. Brandon Moss
Websitehttps://www.shoals.com/
FAQs
What is the current price of Shoals Technologies Group Inc (SHLS)?
The current price of Shoals Technologies Group Inc (SHLS) is 7.820.
What is the symbol of Shoals Technologies Group Inc?
The ticker symbol of Shoals Technologies Group Inc is SHLS.
What is the 52-week high of Shoals Technologies Group Inc?
The 52-week high of Shoals Technologies Group Inc is 11.360.
What is the 52-week low of Shoals Technologies Group Inc?
The 52-week low of Shoals Technologies Group Inc is 2.710.
What is the market capitalization of Shoals Technologies Group Inc?
The market capitalization of Shoals Technologies Group Inc is 1.31B.
What is the net income of Shoals Technologies Group Inc?
The net income of Shoals Technologies Group Inc is 24.13M.
Is Shoals Technologies Group Inc (SHLS) currently rated as Buy, Hold, or Sell?
According to analysts, Shoals Technologies Group Inc (SHLS) has an overall rating of Buy, with a price target of 10.421.
What is the Earnings Per Share (EPS TTM) of Shoals Technologies Group Inc (SHLS)?
The Earnings Per Share (EPS TTM) of Shoals Technologies Group Inc (SHLS) is 0.199.