SHLS vs. JKS, CSIQ, SEDG, DMLP, WKC, GEL, KRP, CEPU, ACDC, and GLP
Should you be buying Shoals Technologies Group stock or one of its competitors? The main competitors of Shoals Technologies Group include JinkoSolar (JKS), Canadian Solar (CSIQ), SolarEdge Technologies (SEDG), Dorchester Minerals (DMLP), World Kinect (WKC), Genesis Energy (GEL), Kimbell Royalty Partners (KRP), Central Puerto (CEPU), ProFrac (ACDC), and Global Partners (GLP). These companies are all part of the "oils/energy" sector.
JinkoSolar (NYSE:JKS) and Shoals Technologies Group (NASDAQ:SHLS) are both small-cap oils/energy companies, but which is the better business? We will compare the two businesses based on the strength of their analyst recommendations, dividends, media sentiment, earnings, risk, community ranking, valuation, institutional ownership and profitability.
35.8% of JinkoSolar shares are held by institutional investors. 19.8% of JinkoSolar shares are held by company insiders. Comparatively, 1.7% of Shoals Technologies Group 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.
JinkoSolar has higher revenue and earnings than Shoals Technologies Group. JinkoSolar 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.
JinkoSolar currently has a consensus target price of $26.60, indicating a potential upside of 10.19%. Shoals Technologies Group has a consensus target price of $20.94, indicating a potential upside of 145.79%. Given JinkoSolar's stronger consensus rating and higher possible upside, analysts clearly believe Shoals Technologies Group is more favorable than JinkoSolar.
Shoals Technologies Group has a net margin of 8.18% compared to Shoals Technologies Group's net margin of 2.89%. JinkoSolar's return on equity of 16.02% beat Shoals Technologies Group's return on equity.
JinkoSolar has a beta of 0.37, indicating that its share price is 63% less volatile than the S&P 500. Comparatively, Shoals Technologies Group has a beta of 1.79, indicating that its share price is 79% more volatile than the S&P 500.
JinkoSolar received 209 more outperform votes than Shoals Technologies Group when rated by MarketBeat users. Likewise, 56.03% of users gave JinkoSolar an outperform vote while only 47.10% of users gave Shoals Technologies Group an outperform vote.
In the previous week, Shoals Technologies Group had 1 more articles in the media than JinkoSolar. MarketBeat recorded 12 mentions for Shoals Technologies Group and 11 mentions for JinkoSolar. Shoals Technologies Group's average media sentiment score of 0.17 beat JinkoSolar's score of 0.09 indicating that JinkoSolar is being referred to more favorably in the media.
Summary
Shoals Technologies Group beats JinkoSolar on 10 of the 18 factors compared between the two stocks.
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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.
Skip ChartThis 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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