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Shoals Technologies Group (SHLS) Competitors

Shoals Technologies Group logo
$4.71 -0.07 (-1.46%)
Closing price 04:00 PM Eastern
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$4.62 -0.09 (-1.80%)
As of 06:29 PM Eastern
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SHLS vs. PI, LPL, VIAV, SIMO, KLIC, LUNR, NN, HIMX, COMM, and SEDG

Should you be buying Shoals Technologies Group stock or one of its competitors? The main competitors of Shoals Technologies Group include Impinj (PI), LG Display (LPL), Viavi Solutions (VIAV), Silicon Motion Technology (SIMO), Kulicke and Soffa Industries (KLIC), Intuitive Machines (LUNR), NextNav (NN), Himax Technologies (HIMX), CommScope (COMM), and SolarEdge Technologies (SEDG). These companies are all part of the "electronic equipment" industry.

Shoals Technologies Group vs.

Shoals Technologies Group (NASDAQ:SHLS) and Impinj (NASDAQ:PI) are both energy companies, but which is the better stock? We will compare the two businesses based on the strength of their community ranking, valuation, risk, institutional ownership, analyst recommendations, earnings, profitability, media sentiment and dividends.

Shoals Technologies Group presently has a consensus target price of $8.40, suggesting a potential upside of 78.34%. Impinj has a consensus target price of $155.38, suggesting a potential upside of 32.21%. Given Shoals Technologies Group's higher probable upside, research analysts clearly believe Shoals Technologies Group is more favorable than Impinj.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Shoals Technologies Group
4 Sell rating(s)
6 Hold rating(s)
13 Buy rating(s)
0 Strong Buy rating(s)
2.39
Impinj
0 Sell rating(s)
1 Hold rating(s)
7 Buy rating(s)
0 Strong Buy rating(s)
2.88

Impinj received 375 more outperform votes than Shoals Technologies Group when rated by MarketBeat users. Likewise, 68.74% of users gave Impinj an outperform vote while only 50.51% of users gave Shoals Technologies Group an outperform vote.

CompanyUnderperformOutperform
Shoals Technologies GroupOutperform Votes
100
50.51%
Underperform Votes
98
49.49%
ImpinjOutperform Votes
475
68.74%
Underperform Votes
216
31.26%

In the previous week, Shoals Technologies Group had 4 more articles in the media than Impinj. MarketBeat recorded 17 mentions for Shoals Technologies Group and 13 mentions for Impinj. Impinj's average media sentiment score of 1.38 beat Shoals Technologies Group's score of 0.63 indicating that Impinj is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Shoals Technologies Group
7 Very Positive mention(s)
2 Positive mention(s)
6 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Impinj
10 Very Positive mention(s)
1 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Impinj has a net margin of 11.15% compared to Shoals Technologies Group's net margin of 7.78%. Shoals Technologies Group's return on equity of 9.83% beat Impinj's return on equity.

Company Net Margins Return on Equity Return on Assets
Shoals Technologies Group7.78% 9.83% 6.60%
Impinj 11.15%7.11%1.90%

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Shoals Technologies Group$388.76M2.02$39.97M$0.1239.25
Impinj$363.54M9.37$40.84M-$0.04-2,938.00

Shoals Technologies Group has a beta of 1.52, indicating that its share price is 52% more volatile than the S&P 500. Comparatively, Impinj has a beta of 1.64, indicating that its share price is 64% more volatile than the S&P 500.

Summary

Impinj beats Shoals Technologies Group on 9 of the 16 factors compared between the two stocks.

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New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding {thisCompany.Symbol} 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$786.55M$58.91B$7.28B$8.38B
Dividend YieldN/A2.19%10.95%4.10%
P/E Ratio23.5542.4254.3519.71
Price / Sales2.0244.2823,751.11116.98
Price / Cash7.7226.4935.5034.62
Price / Book1.477.003.534.50
Net Income$39.97M$760.21M$4.30B$248.18M
7 Day Performance-22.91%-4.21%-1.22%1.14%
1 Month Performance44.92%22.39%7.90%15.18%
1 Year Performance-30.74%28.21%175.33%6.55%

Shoals Technologies Group Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
SHLS
Shoals Technologies Group
4.5672 of 5 stars
$4.71
-1.5%
$8.40
+78.3%
-27.6%$786.55M$388.76M23.55840
PI
Impinj
4.0189 of 5 stars
$111.95
+12.0%
$160.33
+43.2%
-27.3%$3.24B$363.54M82.32390News Coverage
Positive News
Gap Up
LPL
LG Display
0.2332 of 5 stars
$3.21
+3.7%
N/A-20.4%$3.21B$26.62T-1.3327,700Earnings Report
Gap Up
VIAV
Viavi Solutions
4.7615 of 5 stars
$9.48
+3.2%
$12.69
+33.8%
+19.3%$2.12B$1.05B-52.663,600Positive News
SIMO
Silicon Motion Technology
4.207 of 5 stars
$57.07
+6.6%
$75.88
+33.0%
-16.7%$1.94B$780.73M21.221,430Positive News
KLIC
Kulicke and Soffa Industries
3.2894 of 5 stars
$33.96
+6.7%
$44.50
+31.0%
-30.2%$1.79B$691.08M283.003,170News Coverage
Positive News
LUNR
Intuitive Machines
3.6292 of 5 stars
$9.50
+2.8%
$16.00
+68.4%
+129.5%$1.69B$228M-3.231Gap Up
NN
NextNav
2.3389 of 5 stars
$12.74
-2.9%
$20.00
+57.0%
+68.6%$1.69B$5.67M-16.9960Gap Up
HIMX
Himax Technologies
3.9724 of 5 stars
$8.17
+7.5%
$11.90
+45.7%
+26.3%$1.43B$906.80M18.162,100
COMM
CommScope
3.2495 of 5 stars
$5.50
+14.1%
$4.75
-13.6%
+333.6%$1.19B$4.42B-1.2430,000Positive News
Gap Up
SEDG
SolarEdge Technologies
2.9888 of 5 stars
$19.16
-3.4%
$16.32
-14.8%
-57.6%$1.13B$916.54M-0.614,930Analyst Forecast
Gap Up
High Trading Volume

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This page (NASDAQ:SHLS) was last updated on 5/21/2025 by MarketBeat.com Staff
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