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SHLS

SHLS - Shoals Technologies Group, Inc. Stock Price, Fair Value and News

7.07USD-0.38 (-5.10%)Market Closed

Market Summary

SHLS
USD7.07-0.38
Market Closed
-5.10%

SHLS Alerts

  • Big fall in Revenue (Y/Y)
  • Big fall in earnings (Y/Y)

SHLS Stock Price

View Fullscreen

SHLS RSI Chart

SHLS Valuation

Market Cap

1.3B

Price/Earnings (Trailing)

41.66

Price/Sales (Trailing)

2.67

Price/Free Cashflow

15.13

SHLS Price/Sales (Trailing)

SHLS Profitability

Operating Margin

32.97%

Return on Equity

5.5%

Return on Assets

3.69%

Free Cashflow Yield

6.61%

SHLS Fundamentals

SHLS Revenue

Revenue (TTM)

474.7M

Rev. Growth (Yr)

-13.59%

Rev. Growth (Qtr)

-30.38%

SHLS Earnings

Earnings (TTM)

30.5M

Earnings Growth (Yr)

-66.61%

Earnings Growth (Qtr)

-71.21%

Breaking Down SHLS Revenue

Last 7 days

3.6%

Last 30 days

7.4%

Last 90 days

-37.9%

Trailing 12 Months

-71.1%

How does SHLS drawdown profile look like?

SHLS Financial Health

Current Ratio

2.62

SHLS Investor Care

Shares Dilution (1Y)

16.31%

Diluted EPS (TTM)

0.18

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
2024474.7M000
2023364.1M409.8M453.2M488.9M
2022235.6M249.4M280.3M326.9M
2021180.4M196.7M203.9M213.2M
2020152.3M160.0M167.8M175.5M
2019000144.5M
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Tracking the Latest Insider Buys and Sells of Shoals Technologies Group, Inc.

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
May 02, 2024
volpe toni
acquired
-
-
20,619
-
May 02, 2024
forth john bradford
acquired
-
-
32,074
-
May 02, 2024
daul ty p.
acquired
-
-
20,619
-
May 02, 2024
julian robert k.
acquired
-
-
20,619
-
May 02, 2024
mills jeannette m
acquired
-
-
20,619
-
May 02, 2024
sundberg lori s
acquired
-
-
20,619
-
May 02, 2024
wilver peter m
acquired
-
-
20,619
-
Mar 31, 2024
tolnar jeffery
sold (taxes)
-15,819
11.18
-1,415
president
Mar 08, 2024
lund inez
sold
-25,317
13.05
-1,940
chief accounting officer
Mar 08, 2024
tolnar jeffery
sold
-35,860
13.04
-2,750
president

1–10 of 50

Which funds bought or sold SHLS recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Jun 11, 2024
EverSource Wealth Advisors, LLC
reduced
-90.91
-813
42.00
-%
Jun 11, 2024
American Trust
sold off
-100
-159,021
-
-%
Jun 06, 2024
WESTWOOD HOLDINGS GROUP INC
sold off
-100
-4,495,000
-
-%
Jun 04, 2024
DekaBank Deutsche Girozentrale
added
159
142,000
313,000
-%
May 28, 2024
TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY
sold off
-100
-1,285,000
-
-%
May 23, 2024
Redwood Grove Capital, LLC
new
-
7,741,030
7,741,030
2.41%
May 20, 2024
Virtu Financial LLC
added
726
964,000
1,159,000
0.09%
May 16, 2024
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM
reduced
-5.3
-889,755
1,901,900
-%
May 16, 2024
JANE STREET GROUP, LLC
added
27.16
-362,046
3,889,670
-%
May 16, 2024
Tidal Investments LLC
new
-
445,814
445,814
0.01%

1–10 of 42

Are Funds Buying or Selling SHLS?

Are funds buying SHLS calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own SHLS
No. of Funds

Unveiling Shoals Technologies Group, Inc.'s Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
May 17, 2024
joho capital llc
5.35%
9,122,545
SC 13G
Feb 13, 2024
vanguard group inc
9.62%
16,360,439
SC 13G/A
Feb 09, 2024
clearbridge investments, llc
5.3%
8,976,984
SC 13G
Feb 08, 2024
wellington management group llp
7.59%
12,910,322
SC 13G
Jan 23, 2024
blackrock inc.
12.7%
21,540,815
SC 13G/A
Mar 10, 2023
solon dean
2.2%
3,737,747
SC 13D/A
Feb 13, 2023
capital world investors
0.0%
0
SC 13G/A
Feb 10, 2023
clearbridge investments, llc
4.6%
6,395,117
SC 13G/A
Feb 09, 2023
vanguard group inc
6.81%
9,391,069
SC 13G/A
Feb 08, 2023
invesco ltd.
3.5%
4,838,797
SC 13G/A

Recent SEC filings of Shoals Technologies Group, Inc.

View All Filings
Date Filed Form Type Document
Jun 11, 2024
8-K
Current Report
May 31, 2024
SD
SD
May 17, 2024
SC 13G
Major Ownership Report
May 07, 2024
10-Q
Quarterly Report
May 07, 2024
8-K
Current Report
May 06, 2024
8-K
Current Report
May 03, 2024
4
Insider Trading
May 03, 2024
4
Insider Trading
May 03, 2024
4
Insider Trading
May 03, 2024
4
Insider Trading

Peers (Alternatives to Shoals Technologies Group, Inc.)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
85.1B
68.9M
-6.92% -45.98%
-5.6K
1.2K
51.94% 28.11%
32.2B
3.6B
54.16% 50.09%
31.41
9.03
27.28% 2360.58%
18.3B
1.8B
22.21% -25.15%
66.32
10.01
-30.11% -43.96%
MID-CAP
3.2B
2.1B
29.22% -25.80%
-2.22
1.52
-11.90% -7091.51%
2.6B
2.2B
-7.24% -83.92%
-9.79
1.14
-34.19% -231.31%
2.0B
1.4B
2.98% -41.44%
17.87
1.47
-21.04% 85.86%
SMALL-CAP
1.3B
474.7M
7.35% -71.12%
41.66
2.67
30.38% -78.20%
615.5M
1.8B
52.61% -69.07%
-3.38
0.22
14.74% -307.59%
56.7M
98.7M
2.13% -81.54%
-1.2
0.57
-13.73% 43.41%
3.7M
458.3K
33.33% -
-0.27
8.05
-62.52% 37.22%
1.7M
154.9M
- -97.50%
-0.02
0.01
10.63% -80.26%

Shoals Technologies Group, Inc. News

Latest updates
Investing.com28 hours ago

Shoals Technologies Group, Inc. Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
(In Thousands)
Income Statement (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q4
Revenue-30.4%91.0013013411910595.0091.0073.0068.0048.0060.0060.0046.0039.0053.0043.0041.00-
Cost Of Revenue-27.6%54.0075.0012069.0057.0054.0055.0045.0042.0032.0038.0034.0027.0024.0032.0027.0027.00-
Gross Profit-34.2%36.0055.0014.0051.0048.0040.0036.0029.0026.0016.0022.0026.0019.0015.0021.0017.0014.00-
Operating Expenses5.8%25.0024.0025.0019.0022.0017.0016.0016.0016.0013.0012.0012.009.008.006.0011.005.00-
  S&GA Expenses6.1%23.0021.0023.0017.0020.0015.0014.0013.0014.0011.0010.0010.007.006.004.009.003.00-
EBITDA Margin--------0.11*0.12*0.13*--------
Interest Expenses-23.5%4.006.006.007.006.006.005.004.004.004.004.004.004.003.000.000.000.00-
Income Taxes-74.5%2.0010.00-6.646.003.004.002.002.002.003.00-1.31-0.34-1.47-----
EBT Margin--------0.02*0.02*0.02*--------
Net Income-71.2%5.0017.00-9.8319.0014.001108.007.005.00-0.062.009.00-11.014.0015.005.009.00-
Net Income Margin-21.5%0.06*0.08*0.30*0.38*0.39*0.40*0.07*0.06*0.07*0.00*0.17*0.17*0.19*0.19*0.15*0.16*0.17*0.17*
Free Cashflow-55.9%10.0024.0024.0026.008.0034.0012.0018.00-26.741.007.003.00-18.6416.0018.000.0017.00-
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q4
Assets-2.2%825844840819809595530497474426383274252195
  Current Assets-8.2%20822721420018315418315613893.0010992.0070.0056.00
    Cash Equivalents-32.9%15.0023.009.006.006.009.0011.0010.003.005.0014.0013.004.0010.00
  Inventory12.8%60.0053.0061.0068.0074.0073.0081.0065.0049.0038.0028.0021.0021.0015.00
  Net PPE5.5%26.0025.0023.0020.0018.0017.0017.0017.0016.0016.0014.0014.0013.0013.00
  Goodwill-0.1%70.0070.0070.0070.0070.0070.0070.0070.0069.0069.0069.0050.0050.0050.00
Liabilities-9.3%271299316289303294507488476434394308295379
  Current Liabilities-14.0%80.0093.0084.0077.0065.0053.0070.0055.0039.0032.0036.0027.0025.0024.00
Shareholder's Equity1.6%55454552552950630123.008.008.003.001.00---
  Retained Earnings6.4%79.0074.0058.0068.0049.0034.00-78.13-86.09-90.49-93.13-91.30-93.78-98.34-
  Additional Paid-In Capital0.9%47547146746245725710510198.0096.0092.0079.0078.00-
Shares Outstanding3.7%17016417015814611411311211299.0096.0094.0094.00-
Minority Interest------10.00-3.74-6.71-9.33-10.05-11.98-19.82-22.59-
Float----3,800---1,500---2,141--
Cashflow (Last 12 Months)
(In Thousands)
Cashflow (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q4
Cashflow From Operations-51.4%12,86026,44727,67427,9219,91334,44111,75719,116-25,8592,5967,4353,665-17,77915,96719,18799017,938-
  Share Based Compensation32.1%5,0233,8025,0924,4457,5234,2213,9914,0653,8314,8822,2322,7801,3921,0325156,704--
Cashflow From Investing15.4%-2,483-2,936-3,534-2,374-2,003-761-747-1,267-882-1,643-13,656-873-863-450-1,441-550-795-
Cashflow From Financing-78.0%-17,848-10,028-20,776-26,147-10,216-56,530-3,196-7,12830,265-5,5857,2396,15212,796-14,689-22,805-33,27222,911-
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SHLS Income Statement

2024-03-31
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Revenue$ 90,807$ 105,086
Cost of revenue54,34756,829
Gross profit36,46048,257
Operating expenses  
General and administrative expenses22,77219,992
Depreciation and amortization2,1042,165
Total operating expenses24,87622,157
Income from operations11,58426,100
Interest expense, net(4,362)(5,996)
Income before income taxes7,22220,104
Income tax expense(2,448)(3,121)
Net income4,77416,983
Less: net income attributable to non-controlling interests02,687
Net income attributable to Shoals Technologies Group, Inc.$ 4,774$ 14,296
Earnings per share of Class A common stock:  
Basic (in dollars per share)$ 0.03$ 0.10
Diluted (in dollars per share)$ 0.03$ 0.10
Weighted average shares of Class A common stock outstanding:  
Basic (in shares)170,282146,409
Diluted (in shares)170,514147,107
Class A Common Stock  
Earnings per share of Class A common stock:  
Basic (in dollars per share)$ 0.03$ 0.10
Diluted (in dollars per share)$ 0.03$ 0.10
Weighted average shares of Class A common stock outstanding:  
Basic (in shares)170,282146,409
Diluted (in shares)170,514147,107

SHLS Balance Sheet

2024-03-31
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2024
Dec. 31, 2023
Current Assets  
Cash and cash equivalents$ 15,236$ 22,707
Accounts receivable, net103,403107,118
Unbilled receivables23,40640,136
Inventory, net59,56552,804
Other current assets6,8724,421
Total Current Assets208,482227,186
Property, plant and equipment, net26,21324,836
Goodwill69,94169,941
Other intangible assets, net46,77248,668
Deferred tax assets465,700468,195
Other assets8,1985,167
Total Assets825,306843,993
Current Liabilities  
Accounts payable15,72814,396
Accrued expenses and other10,35222,907
Warranty liability—current portion31,70831,099
Deferred revenue21,83422,228
Long-term debt—current portion02,000
Total Current Liabilities79,62292,630
Revolving line of credit168,75040,000
Long-term debt, less current portion0139,445
Warranty liability, less current portion20,09123,815
Other long-term liabilities2,8663,107
Total Liabilities271,329298,997
Commitments and Contingencies (Note 14)
Stockholders’ Equity  
Preferred stock, $0.00001 par value - 5,000,000 shares authorized; none issued and outstanding as of March 31, 2024 and December 31, 202300
Additional paid-in capital474,749470,542
Retained earnings79,22674,452
Total stockholders' equity553,977544,996
Total Liabilities and Stockholders’ Equity825,306843,993
Class A Common Stock  
Stockholders’ Equity  
Common stock22
Class B Common Stock  
Stockholders’ Equity  
Common stock$ 0$ 0
SHLS
Shoals Technologies Group, Inc. provides electrical balance of system (EBOS) solutions and components for solar, battery energy, and electric vehicle charging applications 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, and wire management solutions. It sells its products principally to engineering, procurement, and construction firms that build solar energy projects. Shoals Technologies Group, Inc. was founded in 1996 and is headquartered in Portland, Tennessee.
 WEBSITEshoals.com
 INDUSTRYSolar
 EMPLOYEES835

Shoals Technologies Group, Inc. Frequently Asked Questions


What is the ticker symbol for Shoals Technologies Group, Inc.? What does SHLS stand for in stocks?

SHLS is the stock ticker symbol of Shoals Technologies Group, Inc.. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Shoals Technologies Group, Inc. (SHLS)?

As of Tue Jun 11 2024, market cap of Shoals Technologies Group, Inc. is 1.27 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of SHLS stock?

You can check SHLS's fair value in chart for subscribers.

What is the fair value of SHLS stock?

You can check SHLS's fair value in chart for subscribers. The fair value of Shoals Technologies Group, Inc. is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Shoals Technologies Group, Inc. is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for SHLS so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Shoals Technologies Group, Inc. a good stock to buy?

The fair value guage provides a quick view whether SHLS is over valued or under valued. Whether Shoals Technologies Group, Inc. is cheap or expensive depends on the assumptions which impact Shoals Technologies Group, Inc.'s fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for SHLS.

What is Shoals Technologies Group, Inc.'s Price to Earnings (PE) and Price to sales (PS) ratio?

As of Tue Jun 11 2024, SHLS's PE ratio (Price to Earnings) is 41.66 and Price to Sales (PS) ratio is 2.67. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. SHLS PE ratio will change depending on the future growth rate expectations of investors.