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Shoals Technologies Group (SHLS) Competitors

Shoals Technologies Group logo
$8.30 +0.17 (+2.09%)
Closing price 04:00 PM Eastern
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$8.28 -0.02 (-0.29%)
As of 07:50 PM Eastern
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SHLS vs. ARRY, ATKR, PLUG, PLPC, and SEDG

Should you buy Shoals Technologies Group stock or one of its competitors? Shoals Technologies Group's main competitors and comparable companies include Array Technologies (ARRY), Atkore (ATKR), Plug Power (PLUG), Preformed Line Products (PLPC), and SolarEdge Technologies (SEDG). Companies are selected based on similarities in market, industry, and size. These companies are all part of the "electrical components & equipment" industry.

How does Shoals Technologies Group compare to Array Technologies?

Shoals Technologies Group (NASDAQ:SHLS) and Array Technologies (NASDAQ:ARRY) are both small-cap industrials companies, but which is the superior investment? We will contrast the two companies based on the strength of their profitability, media sentiment, earnings, dividends, analyst recommendations, risk, valuation and institutional ownership.

Shoals Technologies Group has higher earnings, but lower revenue than Array Technologies. Array Technologies 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$475.33M2.94$33.57M$0.1943.68
Array Technologies$1.28B0.49-$52.24M-$0.98N/A

Shoals Technologies Group has a beta of 1.85, suggesting that its stock price is 85% more volatile than the broader market. Comparatively, Array Technologies has a beta of 1.82, suggesting that its stock price is 82% more volatile than the broader market.

Shoals Technologies Group has a net margin of 5.41% compared to Array Technologies' net margin of -7.25%. Shoals Technologies Group's return on equity of 10.07% beat Array Technologies' return on equity.

Company Net Margins Return on Equity Return on Assets
Shoals Technologies Group5.41% 10.07% 6.38%
Array Technologies -7.25%-82.63%9.11%

In the previous week, Shoals Technologies Group's average media sentiment score of 0.32 beat Array Technologies' score of 0.00 indicating that Shoals Technologies Group is being referred to more favorably in the media.

Company Overall Sentiment
Shoals Technologies Group Neutral
Array Technologies Neutral

Shoals Technologies Group currently has a consensus target price of $10.71, suggesting a potential upside of 29.09%. Array Technologies has a consensus target price of $9.36, suggesting a potential upside of 129.47%. Given Array Technologies' higher probable upside, analysts plainly believe Array Technologies is more favorable than Shoals Technologies Group.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Shoals Technologies Group
0 Sell rating(s)
6 Hold rating(s)
11 Buy rating(s)
0 Strong Buy rating(s)
2.65
Array Technologies
1 Sell rating(s)
12 Hold rating(s)
9 Buy rating(s)
0 Strong Buy rating(s)
2.36

Summary

Shoals Technologies Group beats Array Technologies on 10 of the 13 factors compared between the two stocks.

How does Shoals Technologies Group compare to Atkore?

Shoals Technologies Group (NASDAQ:SHLS) and Atkore (NYSE:ATKR) are both industrials companies, but which is the superior business? We will compare the two companies based on the strength of their dividends, valuation, institutional ownership, analyst recommendations, earnings, risk, profitability and media sentiment.

In the previous week, Atkore had 3 more articles in the media than Shoals Technologies Group. MarketBeat recorded 3 mentions for Atkore and 0 mentions for Shoals Technologies Group. Shoals Technologies Group's average media sentiment score of 0.32 beat Atkore's score of 0.30 indicating that Shoals Technologies Group is being referred to more favorably in the media.

Company Overall Sentiment
Shoals Technologies Group Neutral
Atkore Neutral

Shoals Technologies Group has a beta of 1.85, meaning that its share price is 85% more volatile than the broader market. Comparatively, Atkore has a beta of 1.69, meaning that its share price is 69% more volatile than the broader market.

Shoals Technologies Group currently has a consensus target price of $10.71, indicating a potential upside of 29.09%. Atkore has a consensus target price of $143.33, indicating a potential upside of 51.22%. Given Atkore's higher possible upside, analysts plainly believe Atkore is more favorable than Shoals Technologies Group.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Shoals Technologies Group
0 Sell rating(s)
6 Hold rating(s)
11 Buy rating(s)
0 Strong Buy rating(s)
2.65
Atkore
1 Sell rating(s)
4 Hold rating(s)
0 Buy rating(s)
1 Strong Buy rating(s)
2.17

Shoals Technologies Group has higher earnings, but lower revenue than Atkore. Atkore 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$475.33M2.94$33.57M$0.1943.68
Atkore$2.93B1.09-$15.18M-$4.81N/A

Shoals Technologies Group has a net margin of 5.41% compared to Atkore's net margin of -5.55%. Atkore's return on equity of 10.27% beat Shoals Technologies Group's return on equity.

Company Net Margins Return on Equity Return on Assets
Shoals Technologies Group5.41% 10.07% 6.38%
Atkore -5.55%10.27%4.90%

Summary

Shoals Technologies Group beats Atkore on 10 of the 15 factors compared between the two stocks.

How does Shoals Technologies Group compare to Plug Power?

Shoals Technologies Group (NASDAQ:SHLS) and Plug Power (NASDAQ:PLUG) are both industrials companies, but which is the better business? We will compare the two businesses based on the strength of their risk, earnings, media sentiment, profitability, dividends, valuation, analyst recommendations and institutional ownership.

Shoals Technologies Group has higher earnings, but lower revenue than Plug Power. Plug Power 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$475.33M2.94$33.57M$0.1943.68
Plug Power$709.92M3.74-$1.63B-$1.26N/A

Shoals Technologies Group presently has a consensus price target of $10.71, suggesting a potential upside of 29.09%. Plug Power has a consensus price target of $3.59, suggesting a potential upside of 88.82%. Given Plug Power's higher possible upside, analysts plainly believe Plug Power is more favorable than Shoals Technologies Group.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Shoals Technologies Group
0 Sell rating(s)
6 Hold rating(s)
11 Buy rating(s)
0 Strong Buy rating(s)
2.65
Plug Power
3 Sell rating(s)
7 Hold rating(s)
5 Buy rating(s)
2 Strong Buy rating(s)
2.35

43.5% of Plug Power shares are owned by institutional investors. 0.8% of Shoals Technologies Group shares are owned by company insiders. Comparatively, 1.4% of Plug Power shares are owned by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock is poised for long-term growth.

Shoals Technologies Group has a beta of 1.85, suggesting that its share price is 85% more volatile than the broader market. Comparatively, Plug Power has a beta of 2.28, suggesting that its share price is 128% more volatile than the broader market.

Shoals Technologies Group has a net margin of 5.41% compared to Plug Power's net margin of -220.59%. Shoals Technologies Group's return on equity of 10.07% beat Plug Power's return on equity.

Company Net Margins Return on Equity Return on Assets
Shoals Technologies Group5.41% 10.07% 6.38%
Plug Power -220.59%-56.01%-21.09%

In the previous week, Plug Power had 24 more articles in the media than Shoals Technologies Group. MarketBeat recorded 24 mentions for Plug Power and 0 mentions for Shoals Technologies Group. Plug Power's average media sentiment score of 0.62 beat Shoals Technologies Group's score of 0.32 indicating that Plug Power is being referred to more favorably in the news media.

Company Overall Sentiment
Shoals Technologies Group Neutral
Plug Power Positive

Summary

Plug Power beats Shoals Technologies Group on 9 of the 17 factors compared between the two stocks.

How does Shoals Technologies Group compare to Preformed Line Products?

Preformed Line Products (NASDAQ:PLPC) and Shoals Technologies Group (NASDAQ:SHLS) are both small-cap industrials companies, but which is the superior business? We will compare the two companies based on the strength of their media sentiment, analyst recommendations, earnings, risk, profitability, institutional ownership, dividends and valuation.

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Preformed Line Products$669.34M3.06$35.28M$8.8847.24
Shoals Technologies Group$475.33M2.94$33.57M$0.1943.68

Preformed Line Products has a net margin of 5.82% compared to Shoals Technologies Group's net margin of 5.41%. Preformed Line Products' return on equity of 10.64% beat Shoals Technologies Group's return on equity.

Company Net Margins Return on Equity Return on Assets
Preformed Line Products5.82% 10.64% 7.65%
Shoals Technologies Group 5.41%10.07%6.38%

41.2% of Preformed Line Products shares are owned by institutional investors. 33.0% of Preformed Line Products shares are owned by insiders. Comparatively, 0.8% of Shoals Technologies Group shares are owned by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock will outperform the market over the long term.

Preformed Line Products has a beta of 0.9, indicating that its stock price is 10% less volatile than the broader market. Comparatively, Shoals Technologies Group has a beta of 1.85, indicating that its stock price is 85% more volatile than the broader market.

In the previous week, Preformed Line Products had 3 more articles in the media than Shoals Technologies Group. MarketBeat recorded 3 mentions for Preformed Line Products and 0 mentions for Shoals Technologies Group. Shoals Technologies Group's average media sentiment score of 0.32 beat Preformed Line Products' score of 0.19 indicating that Shoals Technologies Group is being referred to more favorably in the news media.

Company Overall Sentiment
Preformed Line Products Neutral
Shoals Technologies Group Neutral

Preformed Line Products presently has a consensus price target of $275.00, indicating a potential downside of 34.44%. Shoals Technologies Group has a consensus price target of $10.71, indicating a potential upside of 29.09%. Given Shoals Technologies Group's higher probable upside, analysts plainly believe Shoals Technologies Group is more favorable than Preformed Line Products.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Preformed Line Products
0 Sell rating(s)
1 Hold rating(s)
0 Buy rating(s)
1 Strong Buy rating(s)
3.00
Shoals Technologies Group
0 Sell rating(s)
6 Hold rating(s)
11 Buy rating(s)
0 Strong Buy rating(s)
2.65

Summary

Preformed Line Products beats Shoals Technologies Group on 13 of the 17 factors compared between the two stocks.

How does Shoals Technologies Group compare to SolarEdge Technologies?

Shoals Technologies Group (NASDAQ:SHLS) and SolarEdge Technologies (NASDAQ:SEDG) are both small-cap industrials companies, but which is the better stock? We will contrast the two businesses based on the strength of their media sentiment, analyst recommendations, earnings, dividends, profitability, institutional ownership, risk and valuation.

In the previous week, SolarEdge Technologies had 15 more articles in the media than Shoals Technologies Group. MarketBeat recorded 15 mentions for SolarEdge Technologies and 0 mentions for Shoals Technologies Group. Shoals Technologies Group's average media sentiment score of 0.32 beat SolarEdge Technologies' score of 0.28 indicating that Shoals Technologies Group is being referred to more favorably in the media.

Company Overall Sentiment
Shoals Technologies Group Neutral
SolarEdge Technologies Neutral

Shoals Technologies Group has a net margin of 5.41% compared to SolarEdge Technologies' net margin of -20.29%. Shoals Technologies Group's return on equity of 10.07% beat SolarEdge Technologies' return on equity.

Company Net Margins Return on Equity Return on Assets
Shoals Technologies Group5.41% 10.07% 6.38%
SolarEdge Technologies -20.29%-29.17%-5.62%

Shoals Technologies Group has higher earnings, but lower revenue than SolarEdge Technologies. SolarEdge Technologies 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$475.33M2.94$33.57M$0.1943.68
SolarEdge Technologies$1.33B1.53-$405.45M-$4.50N/A

Shoals Technologies Group presently has a consensus price target of $10.71, indicating a potential upside of 29.09%. SolarEdge Technologies has a consensus price target of $39.20, indicating a potential upside of 18.46%. Given Shoals Technologies Group's stronger consensus rating and higher possible upside, analysts plainly believe Shoals Technologies Group is more favorable than SolarEdge Technologies.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Shoals Technologies Group
0 Sell rating(s)
6 Hold rating(s)
11 Buy rating(s)
0 Strong Buy rating(s)
2.65
SolarEdge Technologies
5 Sell rating(s)
11 Hold rating(s)
2 Buy rating(s)
0 Strong Buy rating(s)
1.83

95.1% of SolarEdge Technologies shares are held by institutional investors. 0.8% of Shoals Technologies Group shares are held by company insiders. Comparatively, 1.0% of SolarEdge Technologies shares are held by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company is poised for long-term growth.

Shoals Technologies Group has a beta of 1.85, indicating that its stock price is 85% more volatile than the broader market. Comparatively, SolarEdge Technologies has a beta of 1.44, indicating that its stock price is 44% more volatile than the broader market.

Summary

Shoals Technologies Group beats SolarEdge Technologies on 12 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 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

Export
MetricShoals Technologies GroupElectrical Equipment IndustryIndustrials SectorNASDAQ Exchange
Market Cap$1.37B$10.64B$10.12B$13.10B
Dividend YieldN/A2.34%96.96%16.77%
P/E Ratio43.6946.1325.4326.04
Price / Sales2.941,563.50274.0690.64
Price / Cash20.2634.3323.9751.75
Price / Book2.327.084.806.30
Net Income$33.57M$139.54M$616.94M$361.43M
7 Day Performance11.26%-0.36%-0.93%-1.67%
1 Month Performance23.51%0.30%-1.87%-3.94%
1 Year Performance-6.85%0.46%3.05%2.77%

Shoals Technologies Group Competitors List

Export
CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
SHLS
Shoals Technologies Group
3.7847 of 5 stars		$8.30
+2.1%		$10.71
+29.1%		+2.5%$1.37B$475.33M43.691,480
ARRY
Array Technologies
3.6239 of 5 stars		$3.83
-5.0%		$9.56
+149.7%		-57.3%$620.65M$1.28BN/A1,200
ATKR
Atkore
3.5132 of 5 stars		$94.64
+0.1%		$143.33
+51.5%		+47.5%$3.19B$2.85BN/A5,400
PLUG
Plug Power
2.9936 of 5 stars		$1.86
-6.1%		$3.59
+92.9%		-35.5%$2.77B$709.92MN/A2,582
PLPC
Preformed Line Products
1.7804 of 5 stars		$416.37
-1.6%		$275.00
-34.0%		+102.7%$2.07B$669.34M46.893,734

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This page (NASDAQ:SHLS) was last updated on 10/2/2026 by MarketBeat.com Staff.
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