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Shoals Technologies Group NasdaqGM:SHLS Stock Report

Last Price

US$4.60

Market Cap

US$735.1m

7D

7.2%

1Y

-65.1%

Updated

29 Jan, 2025

Data

Company Financials +

Shoals Technologies Group, Inc.

NasdaqGM:SHLS Stock Report

Market Cap: US$735.1m

SHLS Stock Overview

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. More details

SHLS fundamental analysis
Snowflake Score
Valuation5/6
Future Growth3/6
Past Performance2/6
Financial Health5/6
Dividends0/6

Community Narratives

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US$7.13
FV
35.5% undervalued intrinsic discount
9.01%
Revenue growth p.a.
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7users have followed this narrative
Updated narrative

My Notes

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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$4.60
52 Week HighUS$17.50
52 Week LowUS$4.07
Beta1.64
1 Month Change-18.44%
3 Month Change-14.97%
1 Year Change-65.07%
3 Year Change-72.00%
5 Year Changen/a
Change since IPO-85.15%

Recent News & Updates

Recent updates

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

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

A Look At The Intrinsic Value Of Shoals Technologies Group, Inc. (NASDAQ:SHLS)

Jan 13
A Look At The Intrinsic Value Of Shoals Technologies Group, Inc. (NASDAQ:SHLS)

Shareholder Returns

SHLSUS ElectricalUS Market
7D7.2%-10.1%-0.2%
1Y-65.1%19.6%23.7%

Return vs Industry: SHLS underperformed the US Electrical industry which returned 19.6% over the past year.

Return vs Market: SHLS underperformed the US Market which returned 23.7% over the past year.

Price Volatility

Is SHLS's price volatile compared to industry and market?
SHLS volatility
SHLS Average Weekly Movement13.6%
Electrical Industry Average Movement12.4%
Market Average Movement6.5%
10% most volatile stocks in US Market18.8%
10% least volatile stocks in US Market3.3%

Stable Share Price: SHLS's share price has been volatile over the past 3 months compared to the US market.

Volatility Over Time: SHLS's weekly volatility (14%) has been stable over the past year, but is still higher than 75% of US stocks.

About the Company

FoundedEmployeesCEOWebsite
19961,309Brandon Mosswww.shoals.com

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; wire management; EV power cabinets; and battery energy storage systems cabinets, as well as cable assemblies, transition enclosures, and splice boxes.

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$735.14m
Earnings (TTM)US$32.89m
Revenue (TTM)US$422.66m

23.3x

P/E Ratio

1.8x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
SHLS income statement (TTM)
RevenueUS$422.66m
Cost of RevenueUS$265.44m
Gross ProfitUS$157.21m
Other ExpensesUS$124.32m
EarningsUS$32.89m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)0.20
Gross Margin37.20%
Net Profit Margin7.78%
Debt/Equity Ratio26.0%

How did SHLS perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/29 00:05
End of Day Share Price 2025/01/29 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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 here.

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 .

Analyst Sources

Shoals Technologies Group, Inc. is covered by 29 analysts. 22 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