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Shoals Technologies Group (SHLS) Competitors

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$5.47 +0.21 (+3.99%)
Closing price 04:00 PM Eastern
Extended Trading
$5.44 -0.02 (-0.46%)
As of 07:44 PM Eastern
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SHLS vs. PI, SIMO, VIAV, NN, LUNR, KLIC, PL, HIMX, COMM, and AAOI

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

Shoals Technologies Group vs. Its Competitors

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

Shoals Technologies Group has a net margin of 4.90% compared to Impinj's net margin of -0.26%. Shoals Technologies Group's return on equity of 7.63% beat Impinj's return on equity.

Company Net Margins Return on Equity Return on Assets
Impinj-0.26% 6.45% 1.92%
Shoals Technologies Group 4.90%7.63%5.31%

In the previous week, Shoals Technologies Group had 3 more articles in the media than Impinj. MarketBeat recorded 7 mentions for Shoals Technologies Group and 4 mentions for Impinj. Impinj's average media sentiment score of 1.79 beat Shoals Technologies Group's score of 0.74 indicating that Impinj is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Impinj
4 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Very Positive
Shoals Technologies Group
2 Very Positive mention(s)
0 Positive mention(s)
5 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Impinj has a beta of 1.64, meaning that its share price is 64% more volatile than the S&P 500. Comparatively, Shoals Technologies Group has a beta of 1.59, meaning that its share price is 59% more volatile than the S&P 500.

Impinj currently has a consensus price target of $155.38, suggesting a potential upside of 36.97%. Shoals Technologies Group has a consensus price target of $8.45, suggesting a potential upside of 54.44%. Given Shoals Technologies Group's higher probable upside, analysts plainly believe Shoals Technologies Group is more favorable than Impinj.

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

Impinj has higher earnings, but lower revenue 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
Impinj$366.09M8.98$40.84M-$0.04-2,836.00
Shoals Technologies Group$399.21M2.29$24.13M$0.1245.58

Summary

Shoals Technologies Group beats Impinj on 9 of the 14 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 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 GroupSolar IndustryEnergy SectorNASDAQ Exchange
Market Cap$914.48M$1.81B$7.58B$8.93B
Dividend YieldN/A5.23%10.93%4.13%
P/E Ratio45.586.2654.9719.90
Price / Sales2.29116.8919,589.98161.31
Price / Cash11.148.4336.1657.06
Price / Book1.642.683.295.38
Net Income$24.13M-$167.64M$4.20B$248.50M
7 Day Performance12.32%11.88%1.60%2.97%
1 Month Performance19.96%15.12%6.01%6.02%
1 Year Performance-8.83%-2.19%104.89%20.39%

Shoals Technologies Group Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
SHLS
Shoals Technologies Group
4.1479 of 5 stars
$5.47
+4.0%
$8.45
+54.4%
-13.9%$880.17M$399.21M21.941,290News Coverage
PI
Impinj
4.0069 of 5 stars
$106.34
+2.7%
$155.38
+46.1%
-27.8%$3.08B$366.09M-2,657.84390Positive News
SIMO
Silicon Motion Technology
4.5404 of 5 stars
$70.02
+0.1%
$83.89
+19.8%
-7.0%$2.38B$803.55M25.101,819News Coverage
VIAV
Viavi Solutions
4.4026 of 5 stars
$9.62
+2.3%
$12.69
+31.9%
+45.8%$2.15B$1.00B481.243,600
NN
NextNav
2.3556 of 5 stars
$14.63
+1.0%
$20.00
+36.7%
+90.7%$1.94B$5.67M-14.3460Positive News
LUNR
Intuitive Machines
2.8988 of 5 stars
$10.00
-1.8%
$16.06
+60.6%
+205.2%$1.79B$217.31M-3.661
KLIC
Kulicke and Soffa Industries
3.8025 of 5 stars
$33.77
+0.9%
$44.50
+31.8%
-25.9%$1.78B$706.23M93.812,746Positive News
PL
Planet Labs PBC
1.6352 of 5 stars
$5.31
+5.6%
$6.38
+20.2%
+248.2%$1.61B$244.35M-14.75800Analyst Forecast
HIMX
Himax Technologies
3.7821 of 5 stars
$8.79
-1.3%
$11.90
+35.4%
+15.7%$1.54B$906.80M17.942,177
COMM
CommScope
3.4384 of 5 stars
$6.46
+2.2%
$4.75
-26.5%
+600.9%$1.40B$4.21B2.3720,000
AAOI
Applied Optoelectronics
1.3395 of 5 stars
$22.57
-3.8%
$24.00
+6.3%
+213.7%$1.25B$249.37M-5.853,309Gap Down

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This page (NASDAQ:SHLS) was last updated on 7/2/2025 by MarketBeat.com Staff
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