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Shoals Technologies Group (SHLS) Competitors

$6.81
-0.21 (-2.99%)
(As of 06/7/2024 ET)

SHLS vs. POWI, CRDO, FORM, TSEM, IPGP, SLAB, SYNA, WOLF, DIOD, and SITM

Should you be buying Shoals Technologies Group stock or one of its competitors? The main competitors of Shoals Technologies Group include Power Integrations (POWI), Credo Technology Group (CRDO), FormFactor (FORM), Tower Semiconductor (TSEM), IPG Photonics (IPGP), Silicon Laboratories (SLAB), Synaptics (SYNA), Wolfspeed (WOLF), Diodes (DIOD), and SiTime (SITM). These companies are all part of the "semiconductors & related devices" industry.

Shoals Technologies Group vs.

Power Integrations (NASDAQ:POWI) and Shoals Technologies Group (NASDAQ:SHLS) are both computer and technology companies, but which is the superior business? We will compare the two companies based on the strength of their risk, analyst recommendations, valuation, profitability, dividends, earnings, media sentiment, institutional ownership and community ranking.

Power Integrations has a beta of 1.18, meaning that its share price is 18% more volatile than the S&P 500. Comparatively, Shoals Technologies Group has a beta of 1.81, meaning that its share price is 81% more volatile than the S&P 500.

Power Integrations has a net margin of 12.28% compared to Power Integrations' net margin of 6.42%. Power Integrations' return on equity of 13.95% beat Shoals Technologies Group's return on equity.

Company Net Margins Return on Equity Return on Assets
Power Integrations12.28% 6.13% 5.57%
Shoals Technologies Group 6.42%13.95%9.02%

Power Integrations received 348 more outperform votes than Shoals Technologies Group when rated by MarketBeat users. Likewise, 63.14% of users gave Power Integrations an outperform vote while only 47.30% of users gave Shoals Technologies Group an outperform vote.

CompanyUnderperformOutperform
Power IntegrationsOutperform Votes
418
63.14%
Underperform Votes
244
36.86%
Shoals Technologies GroupOutperform Votes
70
47.30%
Underperform Votes
78
52.70%

Power Integrations has higher earnings, but lower revenue than Shoals Technologies Group. Shoals Technologies Group is trading at a lower price-to-earnings ratio than Power Integrations, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Power Integrations$444.54M9.52$55.74M$0.9281.06
Shoals Technologies Group$488.94M2.37$39.97M$0.1837.84

In the previous week, Power Integrations had 3 more articles in the media than Shoals Technologies Group. MarketBeat recorded 8 mentions for Power Integrations and 5 mentions for Shoals Technologies Group. Shoals Technologies Group's average media sentiment score of 1.15 beat Power Integrations' score of 1.01 indicating that Power Integrations is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Power Integrations
5 Very Positive mention(s)
1 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Shoals Technologies Group
4 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Power Integrations presently has a consensus target price of $87.40, suggesting a potential upside of 17.21%. Shoals Technologies Group has a consensus target price of $17.29, suggesting a potential upside of 153.95%. Given Power Integrations' higher probable upside, analysts plainly believe Shoals Technologies Group is more favorable than Power Integrations.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Power Integrations
0 Sell rating(s)
2 Hold rating(s)
3 Buy rating(s)
0 Strong Buy rating(s)
2.60
Shoals Technologies Group
2 Sell rating(s)
4 Hold rating(s)
13 Buy rating(s)
0 Strong Buy rating(s)
2.58

Summary

Power Integrations beats Shoals Technologies Group on 10 of the 16 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding SHLS and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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SHLS vs. The Competition

MetricShoals Technologies GroupSemiconductors & related devices IndustryEnergy SectorNASDAQ Exchange
Market Cap$1.16B$53.90B$7.90B$8.17B
Dividend YieldN/A1.99%11.68%4.04%
P/E Ratio37.8419.0810.5514.27
Price / Sales2.3712.8498.8568.85
Price / Cash11.8125.9610.9031.03
Price / Book2.135.903.394.32
Net Income$39.97M$912.37M$966.43M$216.21M
7 Day Performance-13.47%-1.96%-3.70%-1.43%
1 Month Performance-9.32%1.29%-0.55%-0.59%
1 Year Performance-72.17%14.20%1.62%3.58%

Shoals Technologies Group Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
POWI
Power Integrations
4.544 of 5 stars
$76.36
+0.9%
$87.40
+14.5%
-19.1%$4.33B$444.54M83.00819Dividend Announcement
Analyst Forecast
CRDO
Credo Technology Group
1.1735 of 5 stars
$26.14
-1.4%
$26.88
+2.8%
+68.7%$4.27B$192.97M-145.22438
FORM
FormFactor
3.15 of 5 stars
$55.10
-1.3%
$48.40
-12.2%
+69.3%$4.25B$663.10M41.742,115Positive News
TSEM
Tower Semiconductor
2.4902 of 5 stars
$37.65
+0.3%
$46.33
+23.1%
-3.0%$4.11B$1.42B8.545,215Positive News
IPGP
IPG Photonics
4.7245 of 5 stars
$86.91
+0.1%
$110.40
+27.0%
-24.1%$3.96B$1.29B22.406,180Positive News
SLAB
Silicon Laboratories
1.0875 of 5 stars
$122.04
-1.2%
$135.00
+10.6%
-23.1%$3.90B$782.26M-36.871,846Insider Selling
News Coverage
Positive News
SYNA
Synaptics
1.538 of 5 stars
$94.76
-0.8%
$117.67
+24.2%
+11.7%$3.74B$1.36B-34.971,891Positive News
WOLF
Wolfspeed
2.7252 of 5 stars
$27.94
-5.0%
$36.29
+29.9%
-47.0%$3.52B$921.90M-4.334,802Positive News
Gap Down
DIOD
Diodes
1.4919 of 5 stars
$73.96
-1.0%
$74.20
+0.3%
-22.9%$3.41B$1.66B20.158,635
SITM
SiTime
1.0291 of 5 stars
$123.54
-0.3%
$140.00
+13.3%
+7.6%$2.83B$143.99M-29.91382

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This page (NASDAQ:SHLS) was last updated on 6/8/2024 by MarketBeat.com Staff

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