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How to buy Shoals Technologies Group stock (Shoals Technologies Group)

Buy Shoals Technologies Group stock in 5 easy steps, view past price performance and learn what’s ahead for the company.

Shoals Technologies Group is a solar business based in the US. Shoals Technologies Group shares (SHLS) are listed on the NASDAQ and all prices are listed in US Dollars. Its last market close was $4.83 – an increase of 5.92% over the previous week. Shoals Technologies Group employs 1,309 staff and has a trailing 12-month revenue of around $422.7 million.

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  4. Search for the stock name – SHLS. Search for the stock by name or ticker symbol.
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Shoals Technologies Group stock price (NASDAQ: SHLS)

Use our graph to track the performance of SHLS stocks over time.

Shoals Technologies Group shares at a glance

Information last updated 2024-11-22.
Latest market close$4.83
52-week range$4.07 - $17.50
50-day moving average $5.43
200-day moving average $7.85
Wall St. target price$7.77
PE ratio 22
Dividend yield N/A
Earnings per share (TTM) $0.20

Is it a good time to buy Shoals Technologies Group stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

Shoals Technologies Group price performance over time

Historical closes compared with the close of $4.41 from 2024-11-20

1 week (2024-11-15) -3.29%
1 month (2024-10-23) -9.82%
3 months (2024-08-22) -13.53%
6 months (2024-05-22) -42.28%
1 year (2023-11-22) -69.38%
2 years (2022-11-22) -85.49%
3 years (2021-11-22) 31.82
5 years (2019-11-19) N/A

Is Shoals Technologies Group stock undervalued or overvalued?

Valuing Shoals Technologies Group stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Shoals Technologies Group's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Shoals Technologies Group's P/E ratio

Shoals Technologies Group's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 22x. In other words, Shoals Technologies Group shares trade at around 22x recent earnings.

That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.

However, Shoals Technologies Group's P/E ratio is best considered in relation to those of others within the solar industry or those of similar companies.

Shoals Technologies Group's PEG ratio

Shoals Technologies Group's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 0.5227. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.

The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Shoals Technologies Group's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.

However, it's sensible to consider Shoals Technologies Group's PEG ratio in relation to those of similar companies.

Shoals Technologies Group's EBITDA

Shoals Technologies Group's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $78.7 million.

The EBITDA is a measure of a Shoals Technologies Group's overall financial performance and is widely used to measure a its profitability.

To put Shoals Technologies Group's EBITDA into context you can compare it against that of similar companies.

Shoals Technologies Group financials

Revenue TTM $422.7 million
Operating margin TTM 4.43%
Gross profit TTM $131.3 million
Return on assets TTM 5.07%
Return on equity TTM 6.15%
Profit margin 7.78%
Book value $3.27
Market Capitalization $733.5 million

TTM: trailing 12 months

Shoals Technologies Group share dividends

We're not expecting Shoals Technologies Group to pay a dividend over the next 12 months.

You may also wish to consider:

Shoals Technologies Group share price volatility

Over the last 12 months, Shoals Technologies Group's shares have ranged in value from as little as $4.07 up to $17.495. A popular way to gauge a stock's volatility is its "beta".

SHLS.US volatility(beta: 1.73)Avg. volatility(beta: 1.00)LowHigh

Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while Shoals Technologies Group's is 1.731. This would suggest that Shoals Technologies Group's shares are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).

To put Shoals Technologies Group's beta into context you can compare it against those of similar companies.

Shoals Technologies Group overview

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.

Frequently asked questions

What percentage of Shoals Technologies Group is owned by insiders or institutions?
Currently 3.064% of Shoals Technologies Group shares are held by insiders and 111.213% by institutions.
How many people work for Shoals Technologies Group?
Latest data suggests 1,309 work at Shoals Technologies Group.
When does the fiscal year end for Shoals Technologies Group?
Shoals Technologies Group's fiscal year ends in December.
Where is Shoals Technologies Group based?
Shoals Technologies Group's address is: 1400 Shoals Way, Portland, TN, United States, 37148
What is Shoals Technologies Group's ISIN number?
Shoals Technologies Group's international securities identification number is: US82489W1071

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