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Shoals Technologies Group NasdaqGM:SHLS Stock Report

Last Price

US$3.64

Market Cap

US$608.5m

7D

7.7%

1Y

-57.3%

Updated

27 Apr, 2025

Data

Company Financials +

Shoals Technologies Group, Inc.

NasdaqGM:SHLS Stock Report

Market Cap: US$608.5m

SHLS Stock Overview

Provides electrical balance of system (EBOS) solutions and components in the United States and internationally. More details

SHLS fundamental analysis
Snowflake Score
Valuation2/6
Future Growth4/6
Past Performance2/6
Financial Health5/6
Dividends0/6

Shoals Technologies Group, Inc. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Shoals Technologies Group
Historical stock prices
Current Share PriceUS$3.64
52 Week HighUS$9.17
52 Week LowUS$2.71
Beta1.54
1 Month Change9.97%
3 Month Change-20.18%
1 Year Change-57.28%
3 Year Change-63.53%
5 Year Changen/a
Change since IPO-88.25%

Recent News & Updates

Recent updates

Why Investors Shouldn't Be Surprised By Shoals Technologies Group, Inc.'s (NASDAQ:SHLS) 29% Share Price Surge

Apr 10
Why Investors Shouldn't Be Surprised By Shoals Technologies Group, Inc.'s (NASDAQ:SHLS) 29% Share Price Surge

Shoals Technologies Group (NASDAQ:SHLS) Seems To Use Debt Quite Sensibly

Apr 04
Shoals Technologies Group (NASDAQ:SHLS) Seems To Use Debt Quite Sensibly

Shoals Technologies: 2025 Presents A Large Accumulation Window

Mar 18

Shoals Technologies Q4: Why I'm Sticking With My Buy Rating

Feb 28

Shoals Technologies Group, Inc. (NASDAQ:SHLS) Shares May Have Slumped 26% But Getting In Cheap Is Still Unlikely

Feb 07
Shoals Technologies Group, Inc. (NASDAQ:SHLS) Shares May Have Slumped 26% But Getting In Cheap Is Still Unlikely

Shoals Technologies: A Great Risk-Reward Play Right Now

Jan 22

Is It Time To Consider Buying Shoals Technologies Group, Inc. (NASDAQ:SHLS)?

Jan 21
Is It Time To Consider Buying Shoals Technologies Group, Inc. (NASDAQ:SHLS)?

Shoals Technologies Group (NASDAQ:SHLS) Seems To Use Debt Quite Sensibly

Jan 03
Shoals Technologies Group (NASDAQ:SHLS) Seems To Use Debt Quite Sensibly

Investor Optimism Abounds Shoals Technologies Group, Inc. (NASDAQ:SHLS) But Growth Is Lacking

Dec 12
Investor Optimism Abounds Shoals Technologies Group, Inc. (NASDAQ:SHLS) But Growth Is Lacking

Shoals Technologies Q3: Still A Lot Of Uncertainty On The Horizon

Nov 19

Shoals Technologies Group, Inc. (NASDAQ:SHLS) Shares Could Be 48% Below Their Intrinsic Value Estimate

Sep 26
Shoals Technologies Group, Inc. (NASDAQ:SHLS) Shares Could Be 48% Below Their Intrinsic Value Estimate
author-image

Strategic Expansions And Product Innovations Propel Record Growth And Optimistic Projections

Sep 17 Strategic expansions and new commercial agreements are poised to bolster future revenues and market share.

Shoals Technologies Stock: Why I'm Staying Bullish Despite The Recent Setbacks

Sep 04

Does Shoals Technologies Group (NASDAQ:SHLS) Have A Healthy Balance Sheet?

Sep 04
Does Shoals Technologies Group (NASDAQ:SHLS) Have A Healthy Balance Sheet?

Subdued Growth No Barrier To Shoals Technologies Group, Inc.'s (NASDAQ:SHLS) Price

Aug 02
Subdued Growth No Barrier To Shoals Technologies Group, Inc.'s (NASDAQ:SHLS) Price

Shoals Technologies: Attractive Long-Term Growth Potential Despite Temporary Headwinds

Jul 29

Is It Too Late To Consider Buying Shoals Technologies Group, Inc. (NASDAQ:SHLS)?

Jul 12
Is It Too Late To Consider Buying Shoals Technologies Group, Inc. (NASDAQ:SHLS)?

Returns On Capital At Shoals Technologies Group (NASDAQ:SHLS) Have Stalled

May 26
Returns On Capital At Shoals Technologies Group (NASDAQ:SHLS) Have Stalled

Shoals Technologies: Market And Warranty Update

May 22

Is Shoals Technologies Group, Inc. (NASDAQ:SHLS) Trading At A 44% Discount?

May 10
Is Shoals Technologies Group, Inc. (NASDAQ:SHLS) Trading At A 44% Discount?

Shoals Technologies Group, Inc.'s (NASDAQ:SHLS) Popularity With Investors Under Threat As Stock Sinks 28%

Apr 25
Shoals Technologies Group, Inc.'s (NASDAQ:SHLS) Popularity With Investors Under Threat As Stock Sinks 28%

These 4 Measures Indicate That Shoals Technologies Group (NASDAQ:SHLS) Is Using Debt Reasonably Well

Apr 16
These 4 Measures Indicate That Shoals Technologies Group (NASDAQ:SHLS) Is Using Debt Reasonably Well

Shoals Technologies: High-Growth Undervalued Stock Benefitting From High-Growth Markets

Apr 16

Why Shoals Technologies Group, Inc. (NASDAQ:SHLS) Could Be Worth Watching

Mar 29
Why Shoals Technologies Group, Inc. (NASDAQ:SHLS) Could Be Worth Watching

Shoals Technologies: Worth Buying For The Long Term

Mar 14

Analysts Are More Bearish On Shoals Technologies Group, Inc. (NASDAQ:SHLS) Than They Used To Be

Mar 07
Analysts Are More Bearish On Shoals Technologies Group, Inc. (NASDAQ:SHLS) Than They Used To Be

Shoals- FCF Improvement Is Underappreciated, But No Pressing Need To Buy Now

Mar 06

Shoals Technologies Group, Inc. Just Missed Earnings - But Analysts Have Updated Their Models

Mar 02
Shoals Technologies Group, Inc. Just Missed Earnings - But Analysts Have Updated Their Models

Shoals Technologies Group, Inc.'s (NASDAQ:SHLS) 25% Share Price Surge Not Quite Adding Up

Feb 17
Shoals Technologies Group, Inc.'s (NASDAQ:SHLS) 25% Share Price Surge Not Quite Adding Up

Shoals Technologies Group (NASDAQ:SHLS) Could Be Struggling To Allocate Capital

Feb 05
Shoals Technologies Group (NASDAQ:SHLS) Could Be Struggling To Allocate Capital

Shoals Technologies Group, Inc.'s (NASDAQ:SHLS) Shareholders Might Be Looking For Exit

Jan 02
Shoals Technologies Group, Inc.'s (NASDAQ:SHLS) Shareholders Might Be Looking For Exit

At US$13.29, Is Shoals Technologies Group, Inc. (NASDAQ:SHLS) Worth Looking At Closely?

Dec 09
At US$13.29, Is Shoals Technologies Group, Inc. (NASDAQ:SHLS) Worth Looking At Closely?

Shoals Technologies Group (NASDAQ:SHLS) Is Experiencing Growth In Returns On Capital

Sep 08
Shoals Technologies Group (NASDAQ:SHLS) Is Experiencing Growth In Returns On Capital

An Intrinsic Calculation For Shoals Technologies Group, Inc. (NASDAQ:SHLS) Suggests It's 40% Undervalued

Aug 18
An Intrinsic Calculation For Shoals Technologies Group, Inc. (NASDAQ:SHLS) Suggests It's 40% Undervalued

Here's Why We Think Shoals Technologies Group (NASDAQ:SHLS) Is Well Worth Watching

Jul 31
Here's Why We Think Shoals Technologies Group (NASDAQ:SHLS) Is Well Worth Watching

The Return Trends At Shoals Technologies Group (NASDAQ:SHLS) Look Promising

May 29
The Return Trends At Shoals Technologies Group (NASDAQ:SHLS) Look Promising

Shoals Technologies Group, Inc. (NASDAQ:SHLS) Shares Could Be 34% Below Their Intrinsic Value Estimate

May 09
Shoals Technologies Group, Inc. (NASDAQ:SHLS) Shares Could Be 34% Below Their Intrinsic Value Estimate

Shoals Technologies Group, Inc.'s (NASDAQ:SHLS) Popularity With Investors Is Under Threat From Overpricing

Apr 18
Shoals Technologies Group, Inc.'s (NASDAQ:SHLS) Popularity With Investors Is Under Threat From Overpricing

Shareholder Returns

SHLSUS ElectricalUS Market
7D7.7%9.3%4.8%
1Y-57.3%2.9%7.8%

Return vs Industry: SHLS underperformed the US Electrical industry which returned 2.6% over the past year.

Return vs Market: SHLS underperformed the US Market which returned 7.7% over the past year.

Price Volatility

Is SHLS's price volatile compared to industry and market?
SHLS volatility
SHLS Average Weekly Movement10.9%
Electrical Industry Average Movement10.9%
Market Average Movement7.8%
10% most volatile stocks in US Market16.5%
10% least volatile stocks in US Market4.1%

Stable Share Price: SHLS has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: SHLS's weekly volatility (11%) has been stable over the past year.

Community vs My Fair Value

Select a narrative for quick price alerts from the community, or create your own.

US$6.19
FV
41.2% undervalued intrinsic discount
10.34%
Revenue growth p.a.
0users have liked this narrative
0users have commented on this narrative
26users have followed this narrative
4 days ago author updated this narrative

About the Company

FoundedEmployeesCEOWebsite
19961,290Brandon Mosswww.shoals.com

Shoals Technologies Group, Inc. provides electrical balance of system (EBOS) solutions and components in the United States and internationally. The company designs, manufactures, and sells various products used by the solar and battery storage industries, including solar big lead assembly (BLA) solutions, a plug-and-play cable and cabinet solutions; homeruns, interconnection, and extension solutions; combiners and re-combiners; load break disconnects and transition solutions which reduces feeder sizes or disconnect systems for maintenance and shutdowns; wireless performance monitoring, a real-time performance monitoring solutions; and battery energy storage solutions (BESS), an EBOS solutions for solar and storage, and standalone energy storage projects. It also offers original equipment manufacturer (OEM) components; and technical support services during installation and the transition to operations and maintenance.

Shoals Technologies Group, Inc. Fundamentals Summary

How do Shoals Technologies Group's earnings and revenue compare to its market cap?
SHLS fundamental statistics
Market capUS$608.46m
Earnings (TTM)US$24.13m
Revenue (TTM)US$399.21m

25.2x

P/E Ratio

1.5x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
SHLS income statement (TTM)
RevenueUS$399.21m
Cost of RevenueUS$257.19m
Gross ProfitUS$142.02m
Other ExpensesUS$117.89m
EarningsUS$24.13m

Last Reported Earnings

Dec 31, 2024

Next Earnings Date

May 06, 2025

Earnings per share (EPS)0.14
Gross Margin35.57%
Net Profit Margin6.04%
Debt/Equity Ratio25.5%

How did SHLS perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/04/27 18:36
End of Day Share Price 2025/04/25 00:00
Earnings2024/12/31
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Shoals Technologies Group, Inc. is covered by 27 analysts. 20 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Christine ChoBarclays
Moses SuttonBNP Paribas Exane
Dimple GosaiBofA Global Research