Shoals Technologies Group (SHLS) Expected to Announce Earnings on Tuesday

Key Points

• Shoals Technologies Group (NASDAQ:SHLS) is set to announce its Q2 2025 earnings on August 5th, with expected earnings of $0.08 per share and revenue of $104.87 million.
• The company reported a net margin of 4.90% and a decrease in revenue by 11.2% year-over-year in its last earnings report, where it missed the earnings consensus estimate.
• Analysts have mixed ratings on Shoals Technologies, with a consensus rating of "Hold" and a target price of $8.77, while some firms have adjusted their ratings both upwards and downwards recently.

Shoals Technologies Group (NASDAQ:SHLS - Get Free Report) is expected to be issuing its Q2 2025 quarterly earnings data before the market opens on Tuesday, August 5th. Analysts expect the company to announce earnings of $0.08 per share and revenue of $104.87 million for the quarter. Shoals Technologies Group has set its FY 2025 guidance at EPS and its Q2 2025 guidance at EPS.

Shoals Technologies Group (NASDAQ:SHLS - Get Free Report) last released its quarterly earnings results on Tuesday, May 6th. The company reported $0.02 earnings per share for the quarter, missing analysts' consensus estimates of $0.04 by ($0.02). The business had revenue of $80.36 million for the quarter, compared to the consensus estimate of $74.66 million. Shoals Technologies Group had a net margin of 4.90% and a return on equity of 7.63%. The business's quarterly revenue was down 11.2% on a year-over-year basis. During the same period last year, the firm posted $0.07 EPS. On average, analysts expect Shoals Technologies Group to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Shoals Technologies Group Stock Performance

Shares of SHLS traded down $0.23 during mid-day trading on Friday, reaching $5.17. 1,839,100 shares of the company's stock traded hands, compared to its average volume of 6,336,877. The business's 50-day moving average price is $5.27 and its 200-day moving average price is $4.39. The stock has a market capitalization of $863.46 million, a P/E ratio of 43.21, a price-to-earnings-growth ratio of 0.73 and a beta of 1.59. The company has a debt-to-equity ratio of 0.25, a quick ratio of 1.58 and a current ratio of 2.34. Shoals Technologies Group has a 12 month low of $2.71 and a 12 month high of $7.00.

Institutional Investors Weigh In On Shoals Technologies Group

Institutional investors and hedge funds have recently modified their holdings of the business. AQR Capital Management LLC lifted its stake in shares of Shoals Technologies Group by 184.7% in the 1st quarter. AQR Capital Management LLC now owns 922,358 shares of the company's stock valued at $2,975,000 after purchasing an additional 598,407 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its stake in shares of Shoals Technologies Group by 8.1% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 517,507 shares of the company's stock valued at $1,718,000 after purchasing an additional 38,983 shares during the last quarter. Royal Bank of Canada lifted its stake in shares of Shoals Technologies Group by 292.5% in the 1st quarter. Royal Bank of Canada now owns 106,531 shares of the company's stock valued at $353,000 after purchasing an additional 79,392 shares during the last quarter. Finally, Dynamic Technology Lab Private Ltd acquired a new stake in shares of Shoals Technologies Group in the 1st quarter valued at $57,000.

Analysts Set New Price Targets

A number of research analysts recently commented on the stock. The Goldman Sachs Group raised their price objective on shares of Shoals Technologies Group from $5.00 to $6.00 and gave the company a "buy" rating in a research note on Wednesday, May 7th. Mizuho lowered shares of Shoals Technologies Group from an "outperform" rating to a "neutral" rating and set a $7.00 price objective on the stock. in a research note on Monday, July 14th. Barclays raised their price objective on shares of Shoals Technologies Group from $4.00 to $7.00 and gave the company an "equal weight" rating in a research note on Friday, July 18th. BNP Paribas Exane lowered shares of Shoals Technologies Group from a "neutral" rating to an "underperform" rating and set a $4.00 price target on the stock. in a research report on Thursday, May 15th. Finally, BNP Paribas restated an "underperform" rating and issued a $4.00 price target (down previously from $4.50) on shares of Shoals Technologies Group in a research report on Thursday, May 15th. Four equities research analysts have rated the stock with a sell rating, six have assigned a hold rating and thirteen have given a buy rating to the company. According to MarketBeat, Shoals Technologies Group has a consensus rating of "Hold" and an average target price of $8.77.

About Shoals Technologies Group

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.