SHLS

Shoals Technologies Group, Inc. [SHLS] Stock Forecast

Buy or Sell ? Support and Resistance

What is MACD and how to read it?

How RSI can help?
RSI : 000

SHLS Stock Summary

Top 10 Correlated ETFs

SHLS


Top 10 Correlated Stocks

SHLS


In the News

09:13 28 Mar 2024 SHLS

Shoals Technologies: Worth Buying For The Long Term

Shoals Technologies is considered one of the best solar energy investments alongside Enphase, with strong expertise and growth potential. The company plans to expand its operations and create 550 new jobs to meet the rising demand for solar EBOS products. Despite short-term challenges in the solar market, Shoals has a positive long-term outlook and is undervalued, making it a potential investment opportunity.

08:50 28 Mar 2024 SHLS

Solar Stock Shoals Is Dropping. The CEO Points to a ‘Softer First Half.

Shoals Technologies missed fourth-quarter-earnings estimates, and provided guidance that fell far short of Wall Street's expectations.

10:14 28 Mar 2024 SHLS

Shoals Technologies Group, Inc. (SHLS) Q4 2023 Earnings Call Transcript

Shoals Technologies Group, Inc. (SHLS) Q4 2023 Earnings Call Transcript

06:46 28 Mar 2024 SHLS

Shoals Technologies Group (SHLS) Q4 Earnings and Revenues Lag Estimates

Shoals Technologies Group (SHLS) came out with quarterly earnings of $0.12 per share, missing the Zacks Consensus Estimate of $0.17 per share. This compares to earnings of $0.15 per share a year ago.

04:40 28 Mar 2024 SHLS

3 EV Charging Stocks Worth Plugging Into for Profits

On the hunt for EV charging stocks? The electric vehicle (EV) market is one of the most promising markets in the industry.

12:33 28 Mar 2024 SHLS

3 Stocks to Buy for a Clean Energy Comeback

History suggests that buying clean energy stocks when they've dropped tremendously and are out of favor with Wall Street can produce some great profits. For evidence of that assertion, consider that the solar energy ETF, Invesco Solar ETF (NYSEArca: TAN ), jumped from $17.50 in April 2017 to $108.69 in January 2021.

10:02 28 Mar 2024 SHLS

7 Solar Stocks That Could Make Your February Unforgettable

There are some great solar stocks to buy for February. These companies trade at attractive valuations and have great growth prospects.

09:57 28 Mar 2024 SHLS

AIRR: A Thematic ETF With Meaning And Results

AIRR: A Thematic ETF With Meaning And Results

04:10 28 Mar 2024 SHLS

Shoals Technologies Group, Inc. Announces Fourth Quarter 2023 Earnings Release Date and Conference Call

PORTLAND, Tenn., Feb. 08, 2024 (GLOBE NEWSWIRE) -- Shoals Technologies Group, Inc. (the “Company”) (Nasdaq: SHLS) today announced that the Company will release its fourth quarter 2023 results after market close on Wednesday, February 28, 2024, to be followed by a conference call at 5:00 p.m. (Eastern Time) on the same day.

03:40 28 Mar 2024 SHLS

3 Green Energy Stocks Analysts Are Bullish On Now

Owners of green energy stocks haven't had much fun in the past year. For example, the First Trust NASDAQ Clean Edge Green Energy Index Fund (NASDAQ: QCLN ) — it tracks the performance of the Nasdaq Clean Edge Green Energy Index — is a collection of manufacturers, developers, distributors, and/or installers of clean-energy technologies.

SHLS Financial details

Company Rating
Buy
Market Cap
2.06B
Income
39.97M
Revenue
488.94M
Book val./share
3.2
Cash/share
0.13
Dividend
-
Dividend %
-
Employees
1.31K
Optionable
No
Shortable
Yes
Earnings
06 May 2024
P/E
17.45
Forward P/E
16.18
PEG
-2.25
P/S
5.24
P/B
4.52
P/C
90.88
P/FCF
25.93
Quick Ratio
1.74
Current Ratio
2.54
Debt / Equity
0.34
LT Debt / Equity
0.33
-
-
EPS (TTM)
0.25
EPS next Y
0.73
EPS next Q
0.2
EPS this Y
-78.38%
EPS next Y
194.74%
EPS next 5Y
603.03%
EPS last 5Y
9.86%
Revenue last 5Y
27.61%
Revenue Q/Q
-2.81%
EPS Q/Q
-262.5%
-
-
-
-
SMA20
-14.29%
SMA50
-14.29%
SMA100
-20%
Inst Own
76.88%
Inst Trans
0.65%
ROA
16%
ROE
29%
ROC
0.23%
Gross Margin
34%
Oper. Margin
39%
Profit Margin
30%
Payout
-
Shs Outstand
170.33M
Shs Float
164.01M
-
-
-
-
Target Price
27.88
52W Range
11.48-28.34
52W High
-57.8%
52W Low
+7.41%
RSI
43
Rel Volume
0.01
Avg Volume
3.57M
Volume
45.65K
Perf Week
-3.47%
Perf Month
-28.31%
Perf Quarter
-22.01%
Perf Half Y
-41.63%
-
-
-
-
Beta
1.82
-
-
Volatility
0.44%, 1.47%
Prev Close
0.47%
Price
11.815
Change
5.12%

SHLS Financial Performance

Yearly Fundamentals Overview

Last date of statement is 2023-12-31

Metric History 2019-12-312020-12-312021-12-312022-12-31 2023-12-31
2.02K2.02K2.02K2.02K2.02K
Revenue per share
0.91.932.151.952.98
Net income per share
0.160.370.040.760.24
Operating cash flow per share
0.230.59-0.040.240.56
Free cash flow per share
0.220.56-0.080.220.5
Cash per share
0.040.110.050.050.14
Book value per share
0.94-2.020.031.743.32
Tangible book value per share
0.12-3.37-1.431.042.6
Share holders equity per share
0.94-2.020.031.743.32
Interest debt per share
0.173.982.641.541.26
Market cap
4.97B2.82B2.41B4.14B2.55B
Enterprise value
4.98B3.17B2.65B4.37B2.71B
P/E ratio
197.4983.48611.6232.4163.82
Price to sales ratio
34.3616.0611.3112.655.22
POCF ratio
137.2452.12-590.8104.8127.74
PFCF ratio
144.0855.44-293.85113.9231.35
P/B Ratio
33.12-15.31944.8614.194.68
PTB ratio
33.12-15.31944.8614.194.68
EV to sales
34.518.0512.4513.355.55
Enterprise value over EBITDA
138.167.8559.4824.1130.29
EV to operating cash flow
137.7658.57-650.08110.6529.5
EV to free cash flow
144.6362.3-323.34120.2733.34
Earnings yield
0.010.0100.030.02
Free cash flow yield
0.010.0200.010.03
Debt to equity
0.17-1.9596.770.820.34
Debt to assets
0.141.840.580.40.21
Net debt to EBITDA
0.537.475.421.271.81
Current ratio
1.92.332.962.922.45
Interest coverage
15.0710.622.499.23.28
Income quality
1.441.6-1.040.282.3
Dividend Yield
00.130.1700
Payout ratio
0.5611.14102.780.010
Sales general and administrative to revenue
0.060.120.180.170.17
Research and developement to revenue
00000
Intangibles to total assets
0.690.630.320.210.14
Capex to operating cash flow
-0.05-0.061.01-0.08-0.12
Capex to revenue
-0.01-0.02-0.02-0.01-0.02
Capex to depreciation
-0.19-0.34-0.41-0.3-1
Stock based compensation to revenue
00.050.050.050.04
Graham number
1.824.110.155.464.26
ROIC
0.140.190.140.30.08
Return on tangible assets
0.440.460.010.270.05
Graham Net
-0.02-3.72-3.79-1.18-0.92
Working capital
21.97M32.05M61.89M100.92M134.56M
Tangible asset value
19.76M-306.29M-142.17M174.46M426.39M
Net current asset value
8.81M-323.29M-340.46M-140.37M-83.32M
Invested capital
0.17-1.9596.770.820.34
Average receivables
27.9M30.3M37.92M56.16M107.27M
Average payables
8.29M12.51M17.31M14.73M11.94M
Average inventory
9.39M11.98M26.74M55.61M62.83M
Days sales outstanding
75.2764.0577.0975.12109.93
Days payables outstanding
37.7949.0255.8717.6915.93
Days of inventory on hand
32.1550.65107.26135.9358.44
Receivables turnover
4.855.74.734.863.32
Payables turnover
9.667.456.5320.6322.91
Inventory turnover
11.357.213.42.696.25
ROE
0.17-0.181.540.440.07
Capex per share
-0.01-0.04-0.04-0.02-0.06

Quarterly Fundamentals Overview

Last date of statement is 2023-12-31 for Q4

Metric History 2022-12-312023-03-312023-06-302023-09-30 2023-12-31
2.02K2.02K2.02K2.02K2.02K
Revenue per share
0.560.720.70.820.77
Net income per share
0.670.10.11-0.060.1
Operating cash flow per share
0.20.070.160.170.16
Free cash flow per share
0.20.050.150.150.14
Cash per share
0.050.040.030.060.13
Book value per share
1.733.463.123.23.2
Tangible book value per share
1.032.612.42.472.51
Share holders equity per share
1.733.463.123.23.2
Interest debt per share
1.451.651.281.21.11
Market cap
4.16B3.34B4.34B2.99B2.64B
Enterprise value
4.39B3.57B4.55B3.17B2.8B
P/E ratio
9.2458.3557.37-76.0439.85
Price to sales ratio
43.9531.7536.4322.2720.26
POCF ratio
120.79336.59155.52108.0299.93
PFCF ratio
123.52421.83169.97122.47112.41
P/B Ratio
14.286.598.25.74.85
PTB ratio
14.286.598.25.74.85
EV to sales
46.3933.9338.1423.6221.5
Enterprise value over EBITDA
33.85124.66132.87-400.3780.94
EV to operating cash flow
127.48359.73162.85114.57106.06
EV to free cash flow
130.36450.83177.99129.89119.3
Earnings yield
0.030000.01
Free cash flow yield
0.0100.010.010.01
Debt to equity
0.820.470.40.360.34
Debt to assets
0.40.290.260.230.21
Net debt to EBITDA
1.788.025.98-22.884.67
Current ratio
2.922.832.592.542.45
Interest coverage
22.084.354.86-1.795.59
Income quality
0.290.581.48-2.821.59
Dividend Yield
00000
Payout ratio
00000
Sales general and administrative to revenue
0.160.190.140.170.16
Research and developement to revenue
00000
Intangibles to total assets
0.210.150.150.140.14
Capex to operating cash flow
-0.02-0.2-0.09-0.12-0.11
Capex to revenue
-0.01-0.02-0.02-0.02-0.02
Capex to depreciation
-0.3-0.8-0.92-1.23-1.05
Stock based compensation to revenue
0.040.070.040.040.03
Graham number
5.12.762.792.082.65
ROIC
0.230.030.03-0.010.03
Return on tangible assets
0.240.020.03-0.010.02
Graham Net
-1.18-1.28-0.94-1.05-0.89
Working capital
100.92M118.59M122.93M129.83M134.56M
Tangible asset value
174.46M381.58M406.92M404.14M426.39M
Net current asset value
-140.37M-119.16M-89.3M-101.27M-83.32M
Invested capital
0.820.470.40.360.34
Average receivables
75.25M81.18M106.92M128.08M142.32M
Average payables
15.43M15.71M19.09M16.43M15.51M
Average inventory
77.01M73.29M71.02M64.64M56.88M
Days sales outstanding
63.9881.4389.6692.13101.6
Days payables outstanding
15.7234.7421.2812.4616.78
Days of inventory on hand
120.81116.7689.545.761.55
Receivables turnover
1.411.1110.980.89
Payables turnover
5.722.594.237.235.36
Inventory turnover
0.740.771.011.971.46
ROE
0.390.030.04-0.020.03
Capex per share
0-0.01-0.01-0.02-0.02

SHLS Frequently Asked Questions

What is Shoals Technologies Group, Inc. stock symbol ?

Shoals Technologies Group, Inc. is a US stock , located in Portland of Tn and trading under the symbol SHLS

Is Shoals Technologies Group, Inc. buy or a sell ?

11 stock analysts have 11 predictions with a medium analyst target price of $27. The lowest prediction is $15 and the highest is $37

What is SHLS stock prediction ?

With a median analyst target price of $15, 1 stock analysts have made 1 forecasts in last 90 days. $15 is the lowest and $15 is the greatest projection.

What is Shoals Technologies Group, Inc. stock quote today ?

Shoals Technologies Group, Inc. stock price is $11.815 today.

Is Shoals Technologies Group, Inc. stock public?

Yes, Shoals Technologies Group, Inc. is a publicly traded company.

Something similar

Top by Market Cap
Top Correlated ETFs
Top Correlated Stocks
Similar Market Cap