The price-to-earnings ratio for Shoals Technologies Group Inc (NASDAQ: SHLS) is above average at 23.28x, Company’s 36-month beta value is 1.57.Analysts have differing opinions on the stock, with 10 analysts rating it as a “buy,” 6 as “overweight,” 9 as “hold,” and 0 as “sell.”
The public float for SHLS is 164.61M, and currently, short sellers hold a 10.02% ratio of that floaft. The average trading volume of SHLS on March 25, 2025 was 6.55M shares.
SHLS) stock’s latest price update
The stock price of Shoals Technologies Group Inc (NASDAQ: SHLS) has jumped by 0.30 compared to previous close of 3.31. Despite this, the company has seen a gain of 2.15% in its stock price over the last five trading days. seekingalpha.com reported 2025-03-18 that Solar and batteries will be the largest new source of generation capacity in 2025. Shoals’ growth has slowed, but their balance sheet continues to improve while they maintain backlog. Shoals share price has fallen into value territory, presenting investors an opportunity to accumulate shares.
SHLS’s Market Performance
SHLS’s stock has risen by 2.15% in the past week, with a monthly drop of -26.55% and a quarterly drop of -28.76%. The volatility ratio for the week is 6.73% while the volatility levels for the last 30 days are 9.03% for Shoals Technologies Group Inc The simple moving average for the past 20 days is 2.90% for SHLS’s stock, with a -37.01% simple moving average for the past 200 days.
Analysts’ Opinion of SHLS
Morgan Stanley, on the other hand, stated in their research note that they expect to see SHLS reach a price target of $7. The rating they have provided for SHLS stocks is “Overweight” according to the report published on December 17th, 2024.
BofA Securities gave a rating of “Buy” to SHLS, setting the target price at $6 in the report published on November 25th of the previous year.
SHLS Trading at -17.96% from the 50-Day Moving Average
After a stumble in the market that brought SHLS to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -73.92% of loss for the given period.
Volatility was left at 9.03%, however, over the last 30 days, the volatility rate increased by 6.73%, as shares sank -25.89% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -44.67% lower at present.
During the last 5 trading sessions, SHLS rose by +2.15%, which changed the moving average for the period of 200-days by -53.82% in comparison to the 20-day moving average, which settled at $3.23. In addition, Shoals Technologies Group Inc saw -39.96% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at SHLS starting from Bardos Dominic, who purchase 35,000 shares at the price of $2.80 back on Mar 12 ’25. After this action, Bardos Dominic now owns 418,217 shares of Shoals Technologies Group Inc, valued at $98,000 using the latest closing price.
Lund Inez, the Chief Accounting Officer of Shoals Technologies Group Inc, sale 1,900 shares at $2.92 during a trade that took place back on Mar 10 ’25, which means that Lund Inez is holding 61,134 shares at $5,548 based on the most recent closing price.
Stock Fundamentals for SHLS
Current profitability levels for the company are sitting at:
- 0.13 for the present operating margin
- 0.35 for the gross margin
The net margin for Shoals Technologies Group Inc stands at 0.07. The total capital return value is set at 0.07. Equity return is now at value 4.38, with 2.91 for asset returns.
Based on Shoals Technologies Group Inc (SHLS), the company’s capital structure generated 0.2 points at debt to capital in total, while cash flow to debt ratio is standing at 0.57. The debt to equity ratio resting at 0.25. The interest coverage ratio of the stock is 3.7.
Currently, EBITDA for the company is 64.32 million with net debt to EBITDA at 1.84. When we switch over and look at the enterprise to sales, we see a ratio of 1.68. The receivables turnover for the company is 4.03for trailing twelve months and the total asset turnover is 0.5. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.33.
Conclusion
In a nutshell, Shoals Technologies Group Inc (SHLS) has experienced a bad performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
