Shoals Technologies Group/SHLS

$15.94

-3.04%
-
1D1W1MYTD1YMAX

About Shoals Technologies Group

Shoals Technologies Group, Inc. is engaged in providing electrical balance of system (EBOS) solutions and components for solar, battery storage and electric vehicle (EV) charging applications. The Company designs, manufactures and sells system solutions for the two types of wiring architectures used by the United States solar industry: homerun and combine-as-you-go. It has developed an EBOS solution for homerun architectures that it refers to as an interconnect harness. Its interconnect harness connects multiple strings together at each row using a single wire and simple push connector rather than a wire crimp. Its homerun EBOS system solutions include its interconnect harness, combiners, and jumpers. Its combine-as-you-go architecture connects all strings in a project to trunk wires that feed directly into disconnect boxes, which are connected to the inverter. It is also engaged in providing e-mobility solutions, in which the Company offers product families for the EV charging market.
Ticker
SHLS
Sector
Industrials
Trading on
NASDAQ
Industry
Electronic Instr. & Controls
CEO
Jeffrey Tolnar
Employees
835
Headquarters
Portland, United States

SHLS Metrics

BasicAdvanced
$2.79B
Market cap
33.49
P/E ratio
$0.49
EPS
-
Beta
-
Dividend rate

What the Analysts think about SHLS

Analyst Ratings

Majority rating from 19 analysts.
Buy

Price Targets

Average projection from 19 analysts.
54.2% upside
High $42.00
Low $15.00
$15.94
Current price
$24.58
Average price target

SHLS Financial Performance

Income StatementBalance sheetCash Flow

Income Statement

Revenues and expenses
-7.3% profit margin
QuarterlyAnnual
Q3 23
QoQ growth
Revenue
$134.2M
12.58%
Net income
$-9.8M
-151.85%
Profit margin
-7.3%
-146.06%

SHLS Earnings Performance

Earnings per share (EPS)

Company profitability
Beat by 29.74%
QuarterlyAnnual
Q4 22
Q1 23
Q2 23
Q3 23
Q4 23
Actual
$0.15
$0.14
$0.14
$0.20
-
Expected
$0.09
$0.10
$0.13
$0.15
$0.17
Surprise
74.13%
42.86%
5.02%
29.74%
-
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real time US market data is a consolidated feed of IEX, NYSE National, NYSE Chicago, Nasdaq BX and Nasdaq PSX order books provided by Polygon. Fundamental data, financials and analyst ratings are sourced from Refinitiv.

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