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Shoals Technologies Group Inc, Common Stock

SHLS

NMQ

$8.25

-$0.24

(-2.83%)

1D
Industry: Electrical Equipment Sector: Industrials

Analyst Forecast

Price Chart

Key Metrics

Market Cap info-icon
This is a company’s total value as determined by the stock market. It is calculated by multiplying the total number of a company's outstanding shares by the current market price of one share.
$1.41B
P/E Ratio info-icon
This is the ratio of a security’s current share price to its earnings per share. This ratio determines the relative value of a company’s share.
33.95
Volume info-icon
This is the total number of shares traded during the most recent trading day.
1.81M
Avg Volume info-icon
This is the average number of shares traded during the most recent 30 days.
4.49M
Dividend Yield info-icon
This ratio shows how much income you earn in dividend payouts per year for every dollar invested in the stock (or the stock’s annual dividend payment expressed as a percentage of its current price).
0.00%
Beta info-icon
This measures the expected move in a stock’s price relative to movements in the overall market. The market, such as the S&P 500 Index, has a beta of 1.0. If a stock has a Beta greater (or lower) than 1.0, it suggests that the stock is more (or less) volatile than the broader market.
1.78
52-week Range info-icon
This shows the range of the stock’s price between the 52-week high (the highest price of the stock for the past 52 weeks) and the 52-week low (the lowest price of the stock for the past 52 weeks).
$8.06 L
$28.34 H
$8.25

About Shoals Technologies Group Inc, Common Stock

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. In addition, the company offers eMobility solutions, such as a power center, which combines equipment needed to protect the charging equipment and transform voltage levels from the electric utility to those needed on the respective site; quick connect solutions for chargers to connect to the Shoals system; big lead assembly (BLA) technology in the EV space to connect multiple chargers to a single power center; and a raceway system that protects the above ground EV BLAs in walk over and drive over applications. Further, it provides Snapshot IV, a solar operations and maintenance solution that monitors the specific voltage and current of individual solar panels and compares the results against the manufacturer's projected performance. The company sells its products to engineering, procurement, and construction firms that build solar energy projects; utilities; solar developers, independent power producers; solar module manufacturers; and charge point operators. Shoals Technologies Group, Inc. was founded in 1996 and is headquartered in Portland, Tennessee. more

Industry: Electrical EquipmentSector: Industrials

Returns

Time FrameSHLSSectorS&P500
1-Week Return2.54%0.81%0.98%
1-Month Return-27.99%-1.86%-2.81%
3-Month Return-37.34%8.83%4.49%
6-Month Return-45.61%24.41%20.23%
1-Year Return-62.22%23.09%24.39%
3-Year Return-75.79%26.51%26.72%
5-Year Return-72.6%69.44%87.98%

Financials

Dec '19Dec '20Dec '21Dec '22Dec '235YR TREND
Total Revenue144.50M175.52M213.21M326.94M488.94M[{"date":"2019-12-31","value":29.55,"profit":true},{"date":"2020-12-31","value":35.9,"profit":true},{"date":"2021-12-31","value":43.61,"profit":true},{"date":"2022-12-31","value":66.87,"profit":true},{"date":"2023-12-31","value":100,"profit":true}]
Cost of Revenue100.28M108.97M130.57M195.63M329.79M[{"date":"2019-12-31","value":30.41,"profit":true},{"date":"2020-12-31","value":33.04,"profit":true},{"date":"2021-12-31","value":39.59,"profit":true},{"date":"2022-12-31","value":59.32,"profit":true},{"date":"2023-12-31","value":100,"profit":true}]
Gross Profit44.21M66.55M82.64M131.31M159.15M[{"date":"2019-12-31","value":27.78,"profit":true},{"date":"2020-12-31","value":41.81,"profit":true},{"date":"2021-12-31","value":51.93,"profit":true},{"date":"2022-12-31","value":82.51,"profit":true},{"date":"2023-12-31","value":100,"profit":true}]
Gross Margin30.60%37.91%38.76%40.16%32.55%[{"date":"2019-12-31","value":76.18,"profit":true},{"date":"2020-12-31","value":94.4,"profit":true},{"date":"2021-12-31","value":96.51,"profit":true},{"date":"2022-12-31","value":100,"profit":true},{"date":"2023-12-31","value":81.05,"profit":true}]
Operating Expenses17.28M29.27M46.41M64.98M80.12M[{"date":"2019-12-31","value":21.57,"profit":true},{"date":"2020-12-31","value":36.53,"profit":true},{"date":"2021-12-31","value":57.93,"profit":true},{"date":"2022-12-31","value":81.11,"profit":true},{"date":"2023-12-31","value":100,"profit":true}]
Operating Income26.93M37.28M36.23M170.54M79.03M[{"date":"2019-12-31","value":15.79,"profit":true},{"date":"2020-12-31","value":21.86,"profit":true},{"date":"2021-12-31","value":21.25,"profit":true},{"date":"2022-12-31","value":100,"profit":true},{"date":"2023-12-31","value":46.34,"profit":true}]
Total Non-Operating Income/Expense(3.57M)(7.02M)(46.75M)(37.08M)(48.28M)[{"date":"2019-12-31","value":-357400000,"profit":false},{"date":"2020-12-31","value":-702000000,"profit":false},{"date":"2021-12-31","value":-4675100000,"profit":false},{"date":"2022-12-31","value":-3707600000,"profit":false},{"date":"2023-12-31","value":-4827800000,"profit":false}]
Pre-Tax Income25.14M33.77M4.03M152.00M54.94M[{"date":"2019-12-31","value":16.54,"profit":true},{"date":"2020-12-31","value":22.21,"profit":true},{"date":"2021-12-31","value":2.65,"profit":true},{"date":"2022-12-31","value":100,"profit":true},{"date":"2023-12-31","value":36.14,"profit":true}]
Income Taxes1.79M3.51M86.00K8.99M12.27M[{"date":"2019-12-31","value":14.56,"profit":true},{"date":"2020-12-31","value":28.6,"profit":true},{"date":"2021-12-31","value":0.7,"profit":true},{"date":"2022-12-31","value":73.22,"profit":true},{"date":"2023-12-31","value":100,"profit":true}]
Income After Taxes23.36M30.26M3.94M143.01M42.66M[{"date":"2019-12-31","value":16.33,"profit":true},{"date":"2020-12-31","value":21.16,"profit":true},{"date":"2021-12-31","value":2.76,"profit":true},{"date":"2022-12-31","value":100,"profit":true},{"date":"2023-12-31","value":29.83,"profit":true}]
Income From Continuous Operations25.14M33.77M5.61M143.01M144.38M[{"date":"2019-12-31","value":17.41,"profit":true},{"date":"2020-12-31","value":23.39,"profit":true},{"date":"2021-12-31","value":3.88,"profit":true},{"date":"2022-12-31","value":99.05,"profit":true},{"date":"2023-12-31","value":100,"profit":true}]
Income From Discontinued Operations-----[{"date":"2019-12-31","value":"-","profit":true},{"date":"2020-12-31","value":"-","profit":true},{"date":"2021-12-31","value":"-","profit":true},{"date":"2022-12-31","value":"-","profit":true},{"date":"2023-12-31","value":"-","profit":true}]
Net Income25.14M33.77M3.94M127.61M39.97M[{"date":"2019-12-31","value":19.7,"profit":true},{"date":"2020-12-31","value":26.46,"profit":true},{"date":"2021-12-31","value":3.09,"profit":true},{"date":"2022-12-31","value":100,"profit":true},{"date":"2023-12-31","value":31.32,"profit":true}]
EPS (Diluted)-0.280.220.400.60[{"date":"2019-12-31","value":"-","profit":true},{"date":"2020-12-31","value":46.32,"profit":true},{"date":"2021-12-31","value":36.67,"profit":true},{"date":"2022-12-31","value":66.67,"profit":true},{"date":"2023-12-31","value":100,"profit":true}]

Ratios

Liquidity

These ratios help you determine the liquidity of the company. Higher is better.

SHLS
Cash Ratio 0.25
Current Ratio 2.45
Quick Ratio 1.88

Asset Efficiency

These ratios help you understand the company's efficiency in using its assets to generate returns. Higher is better. For ROE, average long term is around 14%, less than 10% is poor.

SHLS
ROA (LTM) 6.87%
ROE (LTM) 10.09%

Liabilities

These ratios help you understand the company's liabilities, gauging the riskiness of the investment.

SHLS
Debt Ratio Lower is generally better. Negative is bad. 0.36
Common Equity/Total Assets Higher is better. Lower can suggest investment is riskier. 0.64
Debt/Equity The higher the number, the more leverage the business employs, the riskier the investment typically is. 1.55

Valuation

These ratios help you understand the company's valuation. Lower may indicate cheaper stocks.

SHLS
Trailing PE 34.40
Forward PE 15.38
P/S (TTM) 3.20
P/B 2.86
Price/FCF 60
EV/R 3.52
EV/Ebitda 19.20
PEG NM

News

Levi & Korsinsky Reminds Shareholders of a Lead Plaintiff Deadline of May 21, 2024 in Shoals Technologies Group, Inc. Lawsuit - SHLS

NEW YORK, NY / ACCESSWIRE / April 23, 2024 / If you suffered a loss on your Shoals Technologies Group, Inc. (NASDAQ:SHLS) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information:

24 Apr, 2024 a 3:45 am Business Insider Markets

ROSEN, A LONGSTANDING LAW FIRM, Encourages Shoals Technologies Group, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action - SHLS

NEW YORK, April 18, 2024 /PRNewswire/ -- WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of common stock of Shoals Technologies Group, Inc. (NASDAQ: SHLS) between May 17, 2022 and November 7, 2023, both dates inclusive (the "Class Period"), of the important May…

18 Apr, 2024 a 6:58 pm PR Newswire

Shareholders that lost money on Shoals Technologies Group, Inc.(SHLS) Urged to Join Class Action – Contact Levi & Korsinsky to Learn More

NEW YORK, NY / ACCESSWIRE / April 15, 2024 / If you suffered a loss on your Shoals Technologies Group, Inc. (NASDAQ:SHLS) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information:

16 Apr, 2024 a 3:30 am Business Insider Markets

ROSEN, A HIGHLY RECOGNIZED LAW FIRM, Encourages Shoals Technologies Group, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action – SHLS

NEW YORK, April 15, 2024 (GLOBE NEWSWIRE) -- WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of common stock of Shoals Technologies Group, Inc. (NASDAQ: SHLS) between May 17, 2022 and November 7, 2023, both dates inclusive (the “Class Period”), of the important May 21, 2024 lead plaintiff deadline.

15 Apr, 2024 a 7:09 pm GlobeNewswire

Class Action Filed Against Shoals Technologies Group, Inc. (SHLS) - May 21, 2024 Deadline to Join - Contact Levi & Korsinsky

NEW YORK, April 15, 2024 /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in Shoals Technologies Group, Inc. ("Shoals Technologies" or the "Company") (NASDAQ: SHLS) of a class action securities lawsuit. CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Shoals…

15 Apr, 2024 a 9:45 am PR Newswire

Levi & Korsinsky Notifies Shareholders of Shoals Technologies Group, Inc. (SHLS) of a Class Action Lawsuit and an Upcoming Deadline

NEW YORK, April 10, 2024 /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in Shoals Technologies Group, Inc. ("Shoals Technologies" or the "Company") (NASDAQ: SHLS) of a class action securities lawsuit. CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Shoals…

10 Apr, 2024 a 9:45 am PR Newswire

INVESTOR ACTION NOTICE: The Schall Law Firm Encourages Investors in Shoals Technologies Group, Inc. with Losses of $100,000 to Contact the Firm

The Schall Law Firm Encourages Investors in Shoals Technologies Group, Inc. with Losses of $100,000 to Contact the Firm

9 Apr, 2024 a 5:20 pm GlobeNewswire

FAQs

What is Shoals Technologies Group Inc share price today?

Shoals Technologies Group Inc (SHLS) share price today is $8.25

Can Indians buy Shoals Technologies Group Inc shares?

Yes, Indians can buy shares of Shoals Technologies Group Inc (SHLS) on Vested. To buy Shoals Technologies Group Inc from India, you can open a US Brokerage account on Vested today by clicking on Sign Up or Invest in SHLS stock at the top of this page. The account opening process is completely digital and secure, and takes a few minutes to complete.

Can Fractional shares of Shoals Technologies Group Inc be purchased?

Yes, you can purchase fractional shares of Shoals Technologies Group Inc (SHLS) via the Vested app. You can start investing in Shoals Technologies Group Inc (SHLS) with a minimum investment of $1.

How to invest in Shoals Technologies Group Inc shares from India?

You can invest in shares of Shoals Technologies Group Inc (SHLS) via Vested in three simple steps:

  • Click on Sign Up or Invest in SHLS stock at the top of this page
  • Breeze through our fully digital and secure KYC process and open your US Brokerage account in a few minutes
  • Transfer USD funds to your US Brokerage account and start investing in Shoals Technologies Group Inc shares
What is Shoals Technologies Group Inc 52-week high and low stock price?

The 52-week high price of Shoals Technologies Group Inc (SHLS) is $28.34. The 52-week low price of Shoals Technologies Group Inc (SHLS) is $8.06.

What is Shoals Technologies Group Inc price-to-earnings (P/E) ratio?

The price-to-earnings (P/E) ratio of Shoals Technologies Group Inc (SHLS) is 33.95

What is Shoals Technologies Group Inc price-to-book (P/B) ratio?

The price-to-book (P/B) ratio of Shoals Technologies Group Inc (SHLS) is 2.86

What is Shoals Technologies Group Inc dividend yield?

The dividend yield of Shoals Technologies Group Inc (SHLS) is 0.00%

What is the Market Cap of Shoals Technologies Group Inc?

The market capitalization of Shoals Technologies Group Inc (SHLS) is $1.41B

What is Shoals Technologies Group Inc’s stock symbol?

The stock symbol (or ticker) of Shoals Technologies Group Inc is SHLS

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