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NASDAQ:SHLS

Shoals Technologies Group (SHLS) Stock Price, News & Analysis

Shoals Technologies Group logo
$7.16 +0.02 (+0.22%)
As of 10:02 AM Eastern
This is a fair market value price provided by Polygon.io. Learn more.

About Shoals Technologies Group Stock (NASDAQ:SHLS)

Key Stats

Today's Range
$6.97
$7.20
50-Day Range
$4.46
$7.16
52-Week Range
$2.71
$7.62
Volume
198,456 shs
Average Volume
6.31 million shs
Market Capitalization
$1.20 billion
P/E Ratio
55.10
Dividend Yield
N/A
Price Target
$9.24
Consensus Rating
Moderate Buy

Company Overview

Shoals Technologies Group Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
86th Percentile Overall Score

SHLS MarketRank™: 

Shoals Technologies Group scored higher than 86% of companies evaluated by MarketBeat, and ranked 64th out of 266 stocks in the energy sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Shoals Technologies Group has received a consensus rating of Moderate Buy. The company's average rating score is 2.55, and is based on 14 buy ratings, 6 hold ratings, and 2 sell ratings.

  • Upside Potential

    Shoals Technologies Group has a consensus price target of $9.24, representing about 29.4% upside from its current price of $7.14.

  • Amount of Analyst Coverage

    Shoals Technologies Group has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

  • Read more about Shoals Technologies Group's stock forecast and price target.
  • Earnings Growth

    Earnings for Shoals Technologies Group are expected to grow by 27.59% in the coming year, from $0.29 to $0.37 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Shoals Technologies Group is 54.93, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 278.96.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Shoals Technologies Group is 54.93, which means that it is trading at a more expensive P/E ratio than the Energy sector average P/E ratio of about 39.54.

  • Price to Earnings Growth Ratio

    Shoals Technologies Group has a PEG Ratio of 0.88. PEG Ratios below 1 indicate that a company could be undervalued.

  • Price to Book Value per Share Ratio

    Shoals Technologies Group has a P/B Ratio of 2.14. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Read more about Shoals Technologies Group's valuation and earnings.
  • Percentage of Shares Shorted

    12.31% of the float of Shoals Technologies Group has been sold short.
  • Short Interest Ratio / Days to Cover

    Shoals Technologies Group has a short interest ratio ("days to cover") of 3.7, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Shoals Technologies Group has recently decreased by 3.35%, indicating that investor sentiment is improving.
  • Dividend Yield

    Shoals Technologies Group does not currently pay a dividend.

  • Dividend Growth

    Shoals Technologies Group does not have a long track record of dividend growth.

  • Percentage of Shares Shorted

    12.31% of the float of Shoals Technologies Group has been sold short.
  • Short Interest Ratio / Days to Cover

    Shoals Technologies Group has a short interest ratio ("days to cover") of 3.7, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Shoals Technologies Group has recently decreased by 3.35%, indicating that investor sentiment is improving.
  • News Sentiment

    Shoals Technologies Group has a news sentiment score of 1.05. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.85 average news sentiment score of Energy companies.
  • News Coverage This Week

    MarketBeat has tracked 14 news articles for Shoals Technologies Group this week, compared to 7 articles on an average week.
  • Search Interest

    5 people have searched for SHLS on MarketBeat in the last 30 days. This is an increase of 25% compared to the previous 30 days.
  • MarketBeat Follows

    9 people have added Shoals Technologies Group to their MarketBeat watchlist in the last 30 days.
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SHLS Stock News Headlines

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See More Headlines

SHLS Stock Analysis - Frequently Asked Questions

Shoals Technologies Group's stock was trading at $5.53 at the start of the year. Since then, SHLS shares have increased by 29.1% and is now trading at $7.14.

Shoals Technologies Group, Inc. (NASDAQ:SHLS) issued its quarterly earnings results on Tuesday, August, 5th. The company reported $0.10 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.08 by $0.02. The firm's revenue was up 11.7% compared to the same quarter last year.
Read the conference call transcript
.

Shoals Technologies Group (SHLS) raised $1 billion in an IPO on Wednesday, January 27th 2021. The company issued 50,000,000 shares at a price of $19.00-$21.00 per share. Goldman Sachs, J.P. Morgan, Guggenheim Securities and UBS Investment Bank served as the underwriters for the IPO.

Top institutional shareholders of Shoals Technologies Group include Encompass Capital Advisors LLC (7.90%), Peconic Partners LLC (4.17%), Invesco Ltd. (2.94%) and Geode Capital Management LLC (2.52%). Insiders that own company stock include Dean Solon, Brandon Moss, Jason R Whitaker, Dominic Bardos, Jeffery Tolnar, Mehgan Peetz and Inez Lund.
View institutional ownership trends
.

Shares of SHLS stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

Based on aggregate information from My MarketBeat watchlists, some other companies that Shoals Technologies Group investors own include Humana (HUM), American Water Works (AWK), Waste Connections (WCN), Voyager Therapeutics (VYGR), The RMR Group (RMR), TotalEnergies (TTE) and Southern First Bancshares (SFST).

Company Calendar

Last Earnings
8/05/2025
Today
9/09/2025
Next Earnings (Estimated)
11/11/2025
Fiscal Year End
12/31/2025

Industry, Sector and Symbol

Stock Exchange
NASDAQ
Sector
Energy
Industry
Solar
Sub-Industry
Electronic Equipment
Current Symbol
NASDAQ:SHLS
CIK
1831651
Fax
N/A
Employees
1,290
Year Founded
N/A

Price Target and Rating

High Price Target
$46.00
Low Price Target
$4.00
Potential Upside/Downside
+29.4%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.55
Research Coverage
22 Analysts

Profitability

EPS (Trailing Twelve Months)
$0.13
Trailing P/E Ratio
54.93
Forward P/E Ratio
24.62
P/E Growth
0.88
Net Income
$24.13 million
Net Margins
5.27%
Pretax Margin
8.51%
Return on Equity
7.57%
Return on Assets
5.32%

Debt

Debt-to-Equity Ratio
0.23
Current Ratio
2.34
Quick Ratio
1.64

Sales & Book Value

Annual Sales
$399.21 million
Price / Sales
2.99
Cash Flow
$0.38 per share
Price / Cash Flow
18.76
Book Value
$3.34 per share
Price / Book
2.14

Miscellaneous

Outstanding Shares
167,360,000
Free Float
166,493,000
Market Cap
$1.19 billion
Optionable
Optionable
Beta
1.62

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This page (NASDAQ:SHLS) was last updated on 9/9/2025 by MarketBeat.com Staff
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