Energy -
Solar - NASDAQ - US
$ 4.98
-4.69 %
$ 833 M
Market Cap
45.27
P/E
1. INTRINSIC VALUE
Balance Sheet
Shoals Technologies Group, Inc.
| Current Assets | 188 M |
| Cash & Short-Term Investments | 23.5 M |
| Receivables | 99 M |
| Other Current Assets | 65.8 M |
| Non-Current Assets | 605 M |
| Long-Term Investments | 0 |
| PP&E | 28.2 M |
| Other Non-Current Assets | 577 M |
| Current Liabilities | 80.9 M |
| Accounts Payable | 20 M |
| Short-Term Debt | 0 |
| Other Current Liabilities | 60.9 M |
| Non-Current Liabilities | 155 M |
| Long-Term Debt | 142 M |
| Other Non-Current Liabilities | 13.6 M |
EFFICIENCY
Earnings Waterfall
Shoals Technologies Group, Inc.
| Revenue | 399 M |
| Cost Of Revenue | 257 M |
| Gross Profit | 142 M |
| Operating Expenses | 90.8 M |
| Operating Income | 51.2 M |
| Other Expenses | 27 M |
| Net Income | 24.1 M |
RATIOS
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis
Shoals Technologies Group, Inc.
| Net Income | 24.1 M |
| Depreciation & Amortization | 12.6 M |
| Capital Expenditures | -8.39 M |
| Stock-Based Compensation | 14.2 M |
| Change in Working Capital | 0 |
| Others | 21 M |
| Free Cash Flow | 72 M |
Wall Street Analysts Price Targets
Shoals Technologies Group, Inc.
Wall Street analysts predict an average 1-year price target for SHLS of $7.65 , with forecasts ranging from
a
low of
$5 to a high of $12 .
SHLS Lowest Price Target
Wall Street Target
5 USD
0.40%
SHLS Average Price Target
Wall Street Target
7.65 USD
53.61%
SHLS Highest Price Target
Wall Street Target
12 USD
140.96%
4. DIVIDEND
ANALYSIS
SHLS does not distribute dividends.
5. COMPETITION
6. Ownership
Insider Ownership
Shoals Technologies Group, Inc.
Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
124 K USD 4
6-9 MONTHS
30.3 K USD 3
9-12 MONTHS
15.6 K USD 2
Bought
0 USD 0
0-3 MONTHS
98 K USD 1
3-6 MONTHS
172 K USD 2
6-9 MONTHS
0 USD 0
9-12 MONTHS
7. News
Shoals Technologies Group, Inc. Appoints Industry Veteran, Bobbie L. King, Jr., as Chief Legal Officer
PORTLAND, Tenn., June 16, 2025 (GLOBE NEWSWIRE) -- Shoals Technologies Group, Inc. (“Shoals”), a leading provider of electrical balance of system solutions for the global energy transition market, announced today that it has further strengthened its executive team with the addition of Bobbie L.
globenewswire.com
- 1 week ago
Roth sees removing resi leasing denial for 48E as meaningful positive for Sunrun
Roth Capital analyst Philip Shen doesn't expect IRA text to come out today. If the Senate Finance committee releases somthingm, it may only be on the tax provisions, such as SALT. IRA provisions adjustments are now expected Mnday. A contact that the firm has spoken with share that the Committee has been working hard on getting the FEOC language update and more workable. PIS language will likely get converted to construction start, which would be a meaningful positive for First Solar (FSLR), Array Technologies (ARRY), Nextracker (NXT), Shoals Technologies (SHLS), and Sunrun (RUN), Roth notes. The firm also sees residential leasing denial for 48E will likely be removed, which would be a meaningful positive for Sunrun. 25D still appears to be low probability. This remains a meaningful negative for Enphase (ENPH) and a negative for SolarEdge (SEDG), says Roth. The firm sees current levels as food buying opportunities for much of its coverage universe, given potentially a meaningful shift back to the original House bill, which was considered "much less worse than feared for the industry." Sunrun +0.155 (+1.83%) First Solar +2.895 (+1.73%) Array Technologies +0.055 (+0.74%) Nextracker +0.05 (+0.08%) Shoals Technologies -0.01 (-0.20%) Enphase Energy +0.2 (+0.45%) SolarEdge +0.56 (+2.66%)
https://thefly.com
- 1 week ago
Shoals Technologies Group, Inc. (SHLS) Q1 2025 Earnings Call Transcript
Shoals Technologies Group, Inc. (NASDAQ:SHLS ) Q1 2025 Earnings Conference Call May 6, 2025 8:00 AM ET Company Participants Matt Tractenberg - VP, Finance & IR Brandon Moss - CEO Dominic Bardos - CFO Conference Call Participants Michael Fairbanks - JPMorgan Brian Lee - Goldman Sachs Colin Rusch - Oppenheimer Philip Shen - ROTH Capital Partners Maheep Mandloi - Mizuho Mo Chen - Truist Securities Praneeth Satish - Wells Fargo Derek Soderberg - Cantor Fitzgerald Kashy Harrison - Piper Sandler Operator Good morning, and welcome to the Shoals Technologies Group First Quarter 2025 Earnings Conference Call. Today's call is being recorded and we have allocated 1 hour for prepared remarks and Q&A.
seekingalpha.com
- 1 month ago
Shoals Technologies Group (SHLS) Lags Q1 Earnings Estimates
Shoals Technologies Group (SHLS) came out with quarterly earnings of $0.03 per share, missing the Zacks Consensus Estimate of $0.04 per share. This compares to earnings of $0.07 per share a year ago.
zacks.com
- 1 month ago
Surf Air Mobility ($SRFM) | Shoals Technologies ($SHLS) | ARRAY ($ARRY) | Canadian Solar ($CSIQ)
Welcome to the Green Stock News brief for Tuesday May 6th. Here are today's top headlines: Surf Air Mobility (NYSE: SRFM) announced that its subsidiary, Mokulele Airlines, has entered an interline agreement with Japan Airlines, enabling streamlined booking for travelers connecting through Honolulu to multiple Hawaiian destinations.
youtube.com
- 1 month ago
Shoals Technologies Group, Inc. Reports Financial Results for First Quarter 2025
– Quarterly Revenue of $80.4 million – – Gross Margin of 35.0% – – Net Loss of $(0.3) million – – Adjusted EBITDA1 of $12.8 million – – Backlog and Awarded Orders Increased 5% Year-Over-Year to $645.1 million – – Provides Second Quarter and Full Year 2025 Outlook – PORTLAND, Tenn., May 06, 2025 (GLOBE NEWSWIRE) -- Shoals Technologies Group, Inc. (“Shoals” or the “Company”) (Nasdaq: SHLS), a leading provider of electrical balance of system (“EBOS”) solutions and components, including battery energy storage solutions (“BESS”) and Original Equipment Manufacturer (“OEM”) components for the global energy transition market, today announced results for its first quarter ended March 31, 2025.
globenewswire.com
- 1 month ago
Shoals Technologies Group, UGT Renewables and Sun Africa Announce Collaboration on up to 12GW of Solar Projects
PORTLAND, Tenn., May 05, 2025 (GLOBE NEWSWIRE) -- Shoals Technologies Group, Inc. (Nasdaq: SHLS), a global leader in electrical balance of system (EBOS) solutions for the energy transition market, announced today the execution of a Memorandum of Understanding (MOU) with UGT Renewables to collaborate on up to 12 gigawatts (GW) of global solar projects currently in UGT Renewables' development pipeline.
globenewswire.com
- 1 month ago
Shoals Technologies Group (SHLS) Expected to Beat Earnings Estimates: What to Know Ahead of Q1 Release
Shoals Technologies (SHLS) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
zacks.com
- 1 month ago
The Bottom Fishing Club - Shoals Technologies: American Made Solar Play
Solar-related stocks with comprehensive U.S. production have rebounded in April, after being oversold on Trump election fears. Shoals Technologies manufactures patented/proprietary parts for wiring solar panels, setting up energy-efficient battery storage, and connecting to the utility grid, with expanding production in Alabama/Tennessee. Analysts are forecasting an upturn in business for SHLS during 2025-26, with a nearly 12% free cash flow yield available upfront for new investors.
seekingalpha.com
- 1 month ago
Why Investors Need to Take Advantage of These 2 Oils and Energy Stocks Now
Finding stocks expected to beat quarterly earnings estimates becomes an easier task with our Zacks Earnings ESP.
zacks.com
- 2 months ago
Shoals Technologies Group, Inc. Announces Participation in Upcoming Events for the Investor Community
PORTLAND, Tenn., April 23, 2025 (GLOBE NEWSWIRE) -- Shoals Technologies Group, Inc. (“Shoals” or the “Company”) (Nasdaq: SHLS), a global leader in electrical balance of systems (“EBOS”) solutions for the energy transition market, announced today its participation in the following upcoming investor events: May 8, 2025: Mizuho Virtual Fireside Chat Shoals' CEO, Brandon Moss, will participate in a fireside chat with covering analyst Maheep Mandloi.
globenewswire.com
- 2 months ago
Shoals Technologies Group, Inc. Announces First Quarter 2025 Earnings Release Date and Conference Call
PORTLAND, Tenn., April 07, 2025 (GLOBE NEWSWIRE) -- Shoals Technologies Group, Inc. (the “Company”) (Nasdaq: SHLS) today announced that the Company will release its first quarter 2025 results before market open on Tuesday, May 6, 2025, to be followed by a conference call at 8:00 a.m.
globenewswire.com
- 2 months ago
8. Profile
Summary
Shoals Technologies Group, Inc. SHLS
COUNTRY
US
INDUSTRY
Solar
MARKET CAP
$ 833 M
Dividend Yield
0.00%
Description
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.
Contact
1400 Shoals Way, Portland, TN, 37148
https://www.shoals.com
IPO
Date
Jan. 28, 2021
Employees
1290
Officers
Mr. Dominic Bardos
Chief Financial Officer
Ms. Karen Bazela
Vice President of Sales
Mr. Christian Chad Warpula
Interim Chief Legal Officer
Mr. Brandon Moss
Director & Chief Executive Officer
Mr. James Hart
Chief People Officer
Ms. Inez Lund
Chief Accounting Officer
Ms. Lindsey Williams
Vice President of Marketing
Mr. Jeffery Tolnar
President
Ms. Kirsten Moen
Chief Operations Officer
Mr. Matthew Tractenberg
Vice President of Finance & Investor Relations