Shoals Technologies Group (SHLS) Competitors

$8.52
+0.26 (+3.15%)
(As of 04/26/2024 ET)

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.

Shoals Technologies Group vs.

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.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
JinkoSolar$16.72B0.08$485.56M$7.853.08
Shoals Technologies Group$488.94M2.97$39.97M$0.2534.08

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.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
JinkoSolar
1 Sell rating(s)
5 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
1.83
Shoals Technologies Group
0 Sell rating(s)
3 Hold rating(s)
14 Buy rating(s)
0 Strong Buy rating(s)
2.82

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.

Company Net Margins Return on Equity Return on Assets
JinkoSolar2.89% 11.85% 3.00%
Shoals Technologies Group 8.18%16.02%10.18%

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.

CompanyUnderperformOutperform
JinkoSolarOutperform Votes
274
56.03%
Underperform Votes
215
43.97%
Shoals Technologies GroupOutperform Votes
65
47.10%
Underperform Votes
73
52.90%

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.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
JinkoSolar
1 Very Positive mention(s)
2 Positive mention(s)
8 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral
Shoals Technologies Group
2 Very Positive mention(s)
0 Positive mention(s)
8 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Neutral

Summary

Shoals Technologies Group beats JinkoSolar on 10 of the 18 factors compared between the two stocks.

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 GroupSemiconductors & related devices IndustryEnergy SectorNASDAQ Exchange
Market Cap$1.45B$44.79B$8.15B$7.55B
Dividend YieldN/A1.94%11.88%3.95%
P/E Ratio34.0825.1819.4119.19
Price / Sales2.9717.1750.1185.76
Price / Cash13.9021.2411.3534.73
Price / Book2.666.163.614.33
Net Income$39.97M$974.79M$982.27M$214.22M
7 Day Performance2.77%9.14%1.58%1.88%
1 Month Performance-27.55%-5.27%2.55%-5.23%
1 Year Performance-58.96%7.20%8.09%8.41%

Shoals Technologies Group Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
JKS
JinkoSolar
4.2738 of 5 stars
$22.88
+4.9%
$26.60
+16.3%
-47.0%$1.20B$16.72B2.9146,511Upcoming Earnings
Analyst Downgrade
News Coverage
CSIQ
Canadian Solar
4.2565 of 5 stars
$14.87
-0.7%
$31.78
+113.7%
-59.7%$959.26M$7.61B3.8318,423Gap Up
SEDG
SolarEdge Technologies
4.7622 of 5 stars
$56.77
+4.1%
$98.38
+73.3%
-79.0%$3.24B$2.98B126.165,633Analyst Revision
DMLP
Dorchester Minerals
1.249 of 5 stars
$34.82
+1.0%
N/A+8.6%$1.38B$163.80M12.2627Upcoming Earnings
WKC
World Kinect
3.3291 of 5 stars
$25.17
+2.1%
$26.75
+6.3%
N/A$1.51B$47.71B29.965,289News Coverage
Gap Down
GEL
Genesis Energy
2.1843 of 5 stars
$12.32
+0.4%
$15.00
+21.8%
+13.3%$1.51B$3.18B56.002,137Upcoming Earnings
Short Interest ↑
KRP
Kimbell Royalty Partners
3.6646 of 5 stars
$16.00
+0.8%
$21.00
+31.3%
+1.4%$1.52B$294.07M17.392,020Upcoming Earnings
CEPU
Central Puerto
2.6386 of 5 stars
$10.26
+0.5%
$8.00
-22.0%
+68.3%$1.55B$1.20B4.33885
ACDC
ProFrac
2.5365 of 5 stars
$8.25
+2.6%
$12.50
+51.5%
-23.6%$1.32B$2.63B-15.572,949Short Interest ↓
Gap Down
GLP
Global Partners
2.8551 of 5 stars
$46.89
+1.4%
$44.00
-6.2%
+57.0%$1.57B$16.49B12.475,060Dividend Increase
Analyst Downgrade
News Coverage

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This page (NASDAQ:SHLS) was last updated on 4/27/2024 by MarketBeat.com Staff

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