SHLS:NSD-Shoals Technologies Group Inc (USD)

COMMON STOCK | Solar |

Last Closing

USD 5.27

Change

+0.03 (+0.57)%

Market Cap

USD 0.81B

Volume

2.99M

Analyst Target

N/A
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

Shoals Technologies Group, Inc. provides electrical balance of system (EBOS) solutions and components for solar, battery energy, and electric vehicle (EV) charging applications in the United States and internationally. The company designs, manufactures, and sells system solutions for both homerun and combine-as-you-go wiring architectures, as well as offers technical support services. It provides EBOS components, including combiners; plug-n-play branch connectors and inline fuses; AC disconnects; recombiners; wireless monitoring; junction boxes; wire management; EV power cabinets; and battery energy storage systems cabinets, as well as cable assemblies, transition enclosures, and splice boxes. In addition, the company offers eMobility solutions, such as a power center, which combines equipment needed to protect the charging equipment and transform voltage levels from the electric utility to those needed on the respective site; quick connect solutions for chargers to connect to the Shoals system; big lead assembly (BLA) technology in the EV space to connect multiple chargers to a single power center; and a raceway system that protects the above ground EV BLAs in walk over and drive over applications. Further, it provides Snapshot IV, a solar operations and maintenance solution that monitors the specific voltage and current of individual solar panels and compares the results against the manufacturer's projected performance. The company sells its products to engineering, procurement, and construction firms that build solar energy projects; utilities; solar developers, independent power producers; solar module manufacturers; and charge point operators. Shoals Technologies Group, Inc. was founded in 1996 and is headquartered in Portland, Tennessee.

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

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Relative Returns (From:    To: 2024-10-30 )

Largest Industry Peers for Solar

Symbol Name Price(Change) Market Cap
FSLR First Solar Inc

-2.17 (-1.09%)

USD 20.99B
ENPH Enphase Energy Inc

-0.60 (-0.72%)

USD 12.49B
RUN Sunrun Inc

-0.05 (-0.35%)

USD 3.14B
SEDG SolarEdge Technologies Inc

+0.12 (+0.72%)

USD 1.01B
ARRY Array Technologies Inc

-0.26 (-4.01%)

USD 0.98B
CSIQ Canadian Solar Inc

+0.12 (+0.86%)

USD 0.81B
CSLR Complete Solaria, Inc. Common ..

+0.04 (+1.86%)

USD 0.15B
MAXN Maxeon Solar Technologies Ltd

+2.41 (+38.68%)

USD 0.09B
FTCI FTC Solar Inc

-0.05 (-9.25%)

USD 0.08B
TYGO Tigo Energy Inc.

-0.06 (-5.04%)

USD 0.08B

ETFs Containing SHLS

ZERO:PA 4.16 % 0.00 %

N/A

N/A
ICLN iShares Global Clean Ener.. 0.00 % 0.46 %

+0.05 (+-0.44%)

USD 1.97B
CTEC Global X CleanTech ETF 0.00 % 0.00 %

+0.02 (+-0.44%)

USD 0.04B
GCLE:LSE Invesco Markets II plc - .. 0.00 % 0.00 %

-0.09 (-0.44%)

USD 0.04B
GCLX:LSE Invesco Markets II plc - .. 0.00 % 0.00 %

-5.40 (-0.44%)

USD 0.04B
S0LR:XETRA Invesco Solar Energy UCIT.. 0.00 % 0.00 %

+0.08 (+-0.44%)

USD 0.07B
SOLR:SW Invesco Solar Energy UCIT.. 0.00 % 0.00 %

+0.21 (+-0.44%)

N/A
ZERP:LSE 0.00 % 0.00 %

N/A

N/A
TANN:AU BetaShares Solar ETF 0.00 % 0.00 %

-0.12 (-0.44%)

N/A
WRNW:XETRA WisdomTree Renewable Ener.. 0.00 % 0.00 %

-0.08 (-0.44%)

USD 1.68M

Market Performance

  Market Performance vs. Industry/Classification (Solar) Market Performance vs. Exchange
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain -66.09% 21% F 9% A-
Dividend Return N/A N/A N/A N/A N/A
Total Return -66.09% 21% F 10% F
Trailing 12 Months  
Capital Gain -63.53% 21% F 9% A-
Dividend Return N/A N/A N/A N/A N/A
Total Return -63.53% 21% F 10% F
Trailing 5 Years  
Capital Gain N/A N/A N/A N/A N/A
Dividend Return N/A N/A N/A N/A N/A
Total Return N/A N/A N/A N/A N/A
Average Annual (5 Year Horizon)  
Capital Gain -16.88% 26% F 16% F
Dividend Return -16.88% 26% F 16% F
Total Return N/A N/A N/A N/A N/A
Risk Return Profile  
Volatility (Standard Deviation) 40.77% 63% D 45% F
Risk Adjusted Return -41.40% 26% F 17% F
Market Capitalization 0.81B 75% C 69% C-

Annual Financials (USD)

Quarterly Financials (USD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
Superior return on assets

The company management has delivered better return on assets in the most recent 4 quarters than its peers, placing it in the top quartile.

Superior capital utilization

The company management has delivered better return on invested capital in the most recent 4 quarters than its peers, placing it in the top quartile.

Superior return on equity

The company management has delivered better return on equity in the most recent 4 quarters than its peers, placing it in the top quartile.

High market capitalization

This is one of the largest entities in its sector and is among the top quartile. Such companies tend to be more stable.

Positive cash flow

The company had positive total cash flow in the most recent four quarters.

Positive free cash flow

The company had positive total free cash flow in the most recent four quarters.

Superior Earnings Growth

This stock has shown top quartile earnings growth in the previous 5 years compared to its sector.

Superior Revenue Growth

This stock has shown top quartile revenue growth in the previous 5 years compared to its sector.

What to not like:
Poor risk adjusted returns

This company is delivering below median risk adjusted returns in its peers. Even if it is outperforming on returns , the returns are unpredictable. Proceed with caution.

Overpriced on cashflow basis

The stock is trading high compared to its peers on a price to cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.

Overpriced compared to earnings

The stock is trading high compared to its peers on a price to earning basis and is above the sector median.

Below median dividend returns

The company’s average income yield over the past 5 years has been low compared to its peers. However, it is not a problem if you are not looking for income.

Overpriced on free cash flow basis

The stock is trading high compared to its peers on a price to free cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.