Shoals Technologies Group Inc (NASDAQ: SHLS) has seen a rise in its stock price by 4.30 in relation to its previous close of 3.14. However, the company has experienced a -1.36% decline in its stock price over the last five trading sessions. globenewswire.com reported 2025-04-07 that 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.
Is It Worth Investing in Shoals Technologies Group Inc (NASDAQ: SHLS) Right Now?
The price-to-earnings ratio for Shoals Technologies Group Inc (NASDAQ: SHLS) is 22.97x, which is above its average ratio. Moreover, the 36-month beta value for SHLS is 1.41. Analysts have varying opinions on the stock, with 10 analysts rating it as a “buy,” 6 as “overweight,” 8 as “hold,” and 0 as “sell.”
The public float for SHLS is 164.78M and currently, short sellers hold a 9.31% of that float. On April 07, 2025, SHLS’s average trading volume was 6.44M shares.
SHLS’s Market Performance
SHLS stock saw an increase of -1.36% in the past week, with a monthly gain of 16.13% and a quarterly increase of -44.77%. The volatility ratio for the week is 6.49%, and the volatility levels for the last 30 days are 6.95% for Shoals Technologies Group Inc (SHLS). The simple moving average for the last 20 days is 0.68% for SHLS stock, with a simple moving average of -35.64% for the last 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 -11.79% 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 -69.65% of loss for the given period.
Volatility was left at 6.95%, however, over the last 30 days, the volatility rate increased by 6.49%, as shares surge +17.64% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -29.49% lower at present.
During the last 5 trading sessions, SHLS rose by +0.45%, which changed the moving average for the period of 200-days by -51.53% in comparison to the 20-day moving average, which settled at $3.26. In addition, Shoals Technologies Group Inc saw -40.78% 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 1.67. 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
To wrap up, the performance of Shoals Technologies Group Inc (SHLS) has been bad in recent times. The stock has received a mixed of “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.
