Shoals Technologies Group, Inc. – NASDAQ:SHLS

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$6.09

+0.44

+7.98%

Market closed

Open in about 14 hours

-17.90%

month

-17.90%

quarter

-64.14%

year

Market Cap	870.31M
Enterprise value	2.99B

P/E	28.43
EV/Sales	9.17
EV/EBITDA	18.18
Price/Sales	8.46
Price/Book	9.50
PEG ratio	N/A
EPS	0.17

Revenue	474.66M
EBITDA	75.54M
Income	30.45M
Revenue Q/Q	-13.58%
Revenue Y/Y	30.38%

Profit margin	39.03%
Oper. margin	20.29%
Gross margin	40.16%
EBIT margin	20.29%
EBITDA margin	15.92%

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10 years history
Forward ratios (Analysts estimates)

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Shoals Technologies Group Stock Forecast

M Q Y

Last Year

$7.65

Potential upside: 25.61%

Analysts Price target
Financials & Ratios estimates

Shoals Technologies Group, Inc. (NASDAQ:SHLS): Profit margin
Jun 2023	119.20M	18.92M	15.87%
Sep 2023	134.20M	-9.82M	-7.32%
Dec 2023	130.43M	16.58M	12.71%
Mar 2024	90.80M	4.77M	5.26%

Shoals Technologies Group, Inc. (NASDAQ:SHLS): Payout ratio
Payout ratio	0%

Shoals Technologies Group, Inc. (NASDAQ:SHLS): Dividend Yield
2019	0.28%
2020	7.57%
2021
2022
2023

Shoals Technologies Group, Inc. (NASDAQ:SHLS): Debt to assets
Jun 2023	818820000	289.41M	35.35%
Sep 2023	840148000	315.50M	37.55%
Dec 2023	855499000	310.50M	36.29%
Mar 2024	825306000	271.32M	32.88%

Shoals Technologies Group, Inc. (NASDAQ:SHLS): Cash Flow
Jun 2023	27.92M	-2.37M	-26.14M
Sep 2023	27.67M	-3.53M	-20.77M
Dec 2023	26.44M	-2.93M	-10.02M
Mar 2024	12.86M	-2.48M	-17.84M

Shoals Technologies Group alternative data

Shoals Technologies Group
Employees

Shoals Technologies Group, Inc. (NASDAQ:SHLS): Employee count
Aug 2023	835
Sep 2023	835
Oct 2023	835
Nov 2023	835
Dec 2023	835
Jan 2024	835
Feb 2024	835
Mar 2024	1,309
Apr 2024	1,309
May 2024	1,309
Jun 2024	1,309
Jul 2024	1,309

Shoals Technologies Group
Hedge Funds Holdings Q1 2023

52.29% -47.71%

of SHLS is owned by hedge funds

182 -90

hedge funds hold SHLS stock

87.65M -53.95M

shares is hold by hedge funds

SHLS hedge funds holdings changes

Shoals Technologies Group
Insider Trading

Shoals Technologies Group, Inc. (NASDAQ:SHLS): Insider trades (number of shares)
Period	Buy	Sel
Mar 2024	0	7850
Sep 2024	0	2460
Nov 2024	37300	0
Dec 2024	0	6460

Transaction	Date	Insider	Security	Shares	Price per share	Total value
Sale	5 Dec 2024	LUND INEZ officer: Chief Accounting Officer officer: Chief Accounting Officer	Class A Common Stock	850	$4.72	$4,012
Sale	5 Dec 2024	TOLNAR JEFFERY officer: President officer: President	Class A Common Stock	1,310	$4.65	$6,092
Sale	5 Dec 2024	BARDOS DOMINIC officer: Chief Financial Officer officer: Chief Financial Officer	Class A Common Stock	4,300	$4.69	$20,167
Purchase	22 Nov 2024	BARDOS DOMINIC officer: Chief Financial Officer officer: Chief Financial Officer	Class A Common Stock	15,000	$4.71	$70,650
Purchase	21 Nov 2024	MOSS BRANDON director, officer: Chief Executive Officer director, officer: Chief Execut..	Class A Common Stock	22,300	$4.55	$101,465
Sale	16 Sep 2024	TOLNAR JEFFERY officer: President officer: President	Class A Common Stock	2,110	$6.34	$13,377
Sale	16 Sep 2024	LUND INEZ officer: Chief Accounting Officer officer: Chief Accounting Officer	Class A Common Stock	350	$6.33	$2,216
Sale	8 Mar 2024	PEETZ MEHGAN officer: General ..	Class A Common Stock	3,160	$13.04	$41,206
Sale	8 Mar 2024	LUND INEZ officer: Chief Accounting Officer officer: Chief Accounting Officer	Class A Common Stock	1,940	$13.05	$25,317
Sale	8 Mar 2024	TOLNAR JEFFERY officer: President officer: President	Class A Common Stock	2,750	$13.04	$35,860

SHLS insider trading transactions

Shoals Technologies Group
Earnings Call Transcripts

Quarter	Transcript
Q1 2024 8 May 2024	Q1 2024 Earnings Call Transcript
Q4 2023 28 Feb 2024	Q4 2023 Earnings Call Transcript
Q3 2023 7 Nov 2023	Q3 2023 Earnings Call Transcript
Q2 2023 1 Aug 2023	Q2 2023 Earnings Call Transcript

SHLS earnings call transcripts

Shoals Technologies Group
Executives

Insider	Age	Compensation
Dr. Philip A. Garton (1961) Chief Financial Officer	64	$275,850
Mr. Jason R. Whitaker (1980) Chief Executive Officer, Pres & Director	45	$251,350
Ms. Mehgan Peetz (1983) Gen. Counsel	42	$201,350

Shoals Technologies Group
Latest News

Wednesday, 20 November 2024
17:47	Shoals Q3: Navigating The Harsh Cyclicality Of Solar Power Returns	seekingalpha.com
Tuesday, 19 November 2024
13:56	Shoals Technologies Q3: Still A Lot Of Uncertainty On The Horizon	seekingalpha.com
Tuesday, 12 November 2024
14:54	Shoals Technologies Group, Inc. (SHLS) Q3 2024 Earnings Call Transcript	seekingalpha.com
09:21	Shoals Technologies Group (SHLS) Misses Q3 Earnings Estimates	zacks.com
07:00	Shoals Technologies Group, Inc. Reports Financial Results for Third Quarter 2024	globenewswire.com
Tuesday, 5 November 2024
07:25	SHLS ALERT- Levi & Korsinsky Has Commenced an Investigation on Behalf of Shoals Technologies Group, Inc. Shareholders Who Lost Money	accesswire.com
Monday, 4 November 2024
07:25	Lost Money on Shoals Technologies Group, Inc.(SHLS)? Contact Levi & Korsinsky Regarding an Ongoing Investigation	accesswire.com
Friday, 1 November 2024
07:30	SHLS STOCK ALERT: Levi & Korsinsky Notifies Shoals Technologies Group, Inc. Investors of an Ongoing Investigation	accesswire.com
Thursday, 31 October 2024
16:15	Shoals Technologies Group, Inc. Announces Participation in Upcoming Investor Events	globenewswire.com
07:30	ATTENTION SHLS SHAREHOLDERS: Investors who lost money on Shoals Technologies Group, Inc. are urged to contact Levi & Korsinsky about an ongoing investigation	accesswire.com
Wednesday, 30 October 2024
07:25	Levi & Korsinsky Investigates Possible Securities Fraud Violations by Shoals Technologies Group, Inc. (SHLS)	accesswire.com
Monday, 28 October 2024
08:35	SHLS ALERT- Levi & Korsinsky Has Commenced an Investigation on Behalf of Shoals Technologies Group, Inc. Shareholders Who Lost Money	accesswire.com
Friday, 25 October 2024
07:00	INVESTOR ALERT: Rigrodsky Law, P.A. Reminds Shareholders of Investigation of Shoals Technologies Group, Inc.	accesswire.com
Tuesday, 22 October 2024
13:45	Shoals Technologies Group, Inc. Being Investigated on Behalf of Shoals Technologies Group, Inc. Investors. Contact Levi & Korsinsky For Details.	accesswire.com
Thursday, 17 October 2024
17:00	SHAREHOLDER ALERT: Rigrodsky Law, P.A. Is Investigating Shoals Technologies Group, Inc. On Behalf of Shareholders	accesswire.com
Monday, 14 October 2024
16:30	Shoals Technologies Group, Inc. Announces Third Quarter 2024 Earnings Release Date and Conference Call	globenewswire.com
Monday, 30 September 2024
08:00	Shoals Technologies Group Appoints Chief Operations Officer and Interim Chief Legal Officer	globenewswire.com
Thursday, 5 September 2024
14:47	Shoals Technology Group, Inc. Hosted Inaugural Investor Day	globenewswire.com
Wednesday, 4 September 2024
11:34	Shoals Technologies Stock: Why I'm Staying Bullish Despite The Recent Setbacks	seekingalpha.com
Tuesday, 3 September 2024
06:50	Shoals Technologies Group Secures Favorable Initial Ruling in ITC Case Against Voltage, LLC	globenewswire.com
Friday, 9 August 2024
10:46	Should Value Investors Buy Shoals Technologies Group (SHLS) Stock?	zacks.com
Wednesday, 7 August 2024
10:36	Here's Why Shoals Technologies (SHLS) is Poised for a Turnaround After Losing -11.86% in 4 Weeks	zacks.com
Tuesday, 6 August 2024
22:37	Shoals Technologies Group, Inc. (SHLS) Q2 2024 Earnings Call Transcript	seekingalpha.com
19:05	Shoals Technologies Group (SHLS) Beats Q2 Earnings and Revenue Estimates	zacks.com
16:15	Shoals Technologies Group, Inc. Reports Financial Results for Second Quarter 2024	globenewswire.com
Tuesday, 30 July 2024
11:06	Shoals Technologies Group (SHLS) Expected to Beat Earnings Estimates: Should You Buy?	zacks.com
Sunday, 28 July 2024
23:16	Shoals Technologies: Attractive Long-Term Growth Potential Despite Temporary Headwinds	seekingalpha.com
Saturday, 27 July 2024
21:00	SHOALS ALERT: Bragar Eagel & Squire, P.C. is Investigating Shoals Technologies Group, Inc. on Behalf of Long-Term Stockholders and Encourages Investors to Contact the Firm	globenewswire.com
Tuesday, 23 July 2024
07:00	Constellium's Muscle Shoals facility receives Department of Defense grant to increase casting capacity	globenewswire.com
Friday, 19 July 2024
10:56	Wall Street Analysts Believe Shoals Technologies (SHLS) Could Rally 95.17%: Here's is How to Trade	zacks.com

Ideas & Opinions

Seeking Alpha 14 Jul 2025

Shoals Could Be Worth A Look Now After Dropping
Seeking Alpha 28 Apr 2025

The Bottom Fishing Club - Shoals Technologies: American Made Solar Play
Seeking Alpha 22 Jan 2025

Shoals Technologies: A Great Risk-Reward Play Right Now
Seeking Alpha 16 Apr 2024

Shoals Technologies: High-Growth Undervalued Stock Benefitting From High-Growth Markets
Seeking Alpha 29 Dec 2023

Shoals Technologies: Well-Positioned For Growth In 2024
Seeking Alpha 7 Nov 2023

Shoals Technologies Is Too Good To Ignore
Seeking Alpha 30 Oct 2023

Shoals Technologies: Reasonably Priced Ticket To The Renewables Sector
Seeking Alpha 24 Oct 2023

Preformed Line Products Company: Patience Is Key
Seeking Alpha 21 Aug 2023

Shoals Technologies: High-Quality Business In A Promising Niche
Seeking Alpha 16 May 2023

Commercial Vehicle Group: Backdoor EV Growth Play With Breakout Momentum

Frequently Asked Questions (FAQ)

What's the price of Shoals Technologies Group stock today?

One share of Shoals Technologies Group stock can currently be purchased for approximately $6.09.
When is Shoals Technologies Group's next earnings date?

Unfortunately, Shoals Technologies Group's (SHLS) next earnings date is currently unknown.
Does Shoals Technologies Group pay dividends?

No, Shoals Technologies Group does not pay dividends.
How much money does Shoals Technologies Group make?

Shoals Technologies Group has a market capitalization of 870.31M and it's past years’ income statements indicate that its last revenue has increased compared to the previous period by 49.55% to 488.94M US dollars.
What is Shoals Technologies Group's stock symbol?

Shoals Technologies Group, Inc. is traded on the NASDAQ under the ticker symbol "SHLS".
What is Shoals Technologies Group's primary industry?

Company operates in the Energy sector and Solar industry.
How do i buy shares of Shoals Technologies Group?

Shares of Shoals Technologies Group can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Who are Shoals Technologies Group's key executives?
Shoals Technologies Group's management team includes the following people:
- Dr. Philip A. Garton Chief Financial Officer(age: 64, pay: $275,850)
- Mr. Jason R. Whitaker Chief Executive Officer, Pres & Director(age: 45, pay: $251,350)
- Ms. Mehgan Peetz Gen. Counsel(age: 42, pay: $201,350)
How many employees does Shoals Technologies Group have?

As Jul 2024, Shoals Technologies Group employs 1,309 workers.
When Shoals Technologies Group went public?

Shoals Technologies Group, Inc. is publicly traded company for more then 4 years since IPO on 28 Jan 2021.
What is Shoals Technologies Group's official website?

The official website for Shoals Technologies Group is shoals.com.
Where are Shoals Technologies Group's headquarters?

Shoals Technologies Group is headquartered at 1400 Shoals Way, Portland, TN.
How can i contact Shoals Technologies Group?

Shoals Technologies Group's mailing address is 1400 Shoals Way, Portland, TN and company can be reached via phone at +61 54511400.
What is Shoals Technologies Group stock forecast & price target?

Based on 9 Wall Street analysts` predicted price targets for Shoals Technologies Group in the last 12 months, the avarage price target is $7.65. The average price target represents a 25.61% change from the last price of $6.09.

Shoals Technologies Group, Inc.

shoals.com

Exchange:

NASDAQ

Full time employees:

1,309

Industry:

Solar

Sector:

Energy

Shoals Technologies Group, Inc. provides electrical balance of system (EBOS) solutions for solar energy projects in the United States. It produces EBOS components, including cable assemblies, inline fuses, combiners, disconnects, recombiners, wireless monitoring systems, junction boxes, transition enclosures, splice boxes, wire management solutions, and IV curve benchmarking devices. The company also sells EV Charging solutions for public and fleet electric vehicle charging stations; and EBOS systems. It sells its products principally to engineering, procurement, and construction firms that build solar energy projects and install electric vehicle charging stations. Shoals Technologies Group, Inc. was founded in 1996 and is headquartered in Portland, Tennessee.

+61 54511400

1400 Shoals Way
Portland, TN 37148

CIK: 0001831651
ISIN: US82489W1071
CUSIP: 82489W107