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How to buy Shoals Technologies Group stock

Learn how to easily invest in Shoals Technologies Group stock.

Shoals Technologies Group Inc is a solar business based in the US. Shoals Technologies Group shares (SHLS) are listed on the NASDAQ and all prices are listed in US Dollars. Shoals Technologies Group employs 504 staff and has a trailing 12-month revenue of around 0.00.

How to buy shares in Shoals Technologies Group

  1. Compare share trading platforms. Use our comparison table to help you find a platform that fits you.
  2. Open your brokerage account. Complete an application with your details.
  3. Confirm your payment details. Fund your account.
  4. Research the stock. Find the stock by name or ticker symbol – SHLS – and research it before deciding if it's a good investment for you.
  5. Purchase now or later. Buy your desired number of shares with a market order or use a limit order to delay your purchase until the stock reaches a desired price.
  6. Check in on your investment. Optimize your portfolio by tracking your stock.

Shoals Technologies Group stock price (NASDAQ: SHLS)

Use our graph to track the performance of SHLS stocks over time.

Shoals Technologies Group shares at a glance

Information last updated 2022-01-24.
Latest market close$16.20
52-week range$13.75 - $44.04
50-day moving average $26.29
200-day moving average $29.22
Wall St. target price$37.00
PE ratio 190.1235
Dividend yield N/A (0%)
Earnings per share (TTM) $0.08

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The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.

Is it a good time to buy Shoals Technologies Group stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

Shoals Technologies Group price performance over time

Historical closes compared with the close of $16.2 from 2022-01-24

1 week (2022-01-18) -13.97%
1 month (2021-12-23) -37.81%
3 months (2021-10-25) -37.72%
6 months (2021-07-23) -41.28%
1 year (2021-01-21) N/A
2 years (2020-01-21) N/A
3 years (2019-01-21) N/A
5 years (2017-01-21) N/A

Is Shoals Technologies Group stock undervalued or overvalued?

Valuing Shoals Technologies Group stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Shoals Technologies Group's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Shoals Technologies Group's P/E ratio

Shoals Technologies Group's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 190x. In other words, Shoals Technologies Group shares trade at around 190x recent earnings.

That's relatively high compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.

However, Shoals Technologies Group's P/E ratio is best considered in relation to those of others within the solar industry or those of similar companies.

Shoals Technologies Group's PEG ratio

Shoals Technologies Group's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 1.2469. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.

The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Shoals Technologies Group's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.

However, it's sensible to consider Shoals Technologies Group's PEG ratio in relation to those of similar companies.

Shoals Technologies Group's EBITDA

Shoals Technologies Group's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $53.3 million.

The EBITDA is a measure of a Shoals Technologies Group's overall financial performance and is widely used to measure a its profitability.

To put Shoals Technologies Group's EBITDA into context you can compare it against that of similar companies.

Shoals Technologies Group financials

Revenue TTM $203.9 million
Operating margin TTM 21.37%
Gross profit TTM $69.1 million
Return on assets TTM 9.44%
Return on equity TTM 12.6%
Profit margin 4.14%
Book value $0.01
Market capitalisation $1.6 billion

TTM: trailing 12 months

Shoals Technologies Group share dividends

We're not expecting Shoals Technologies Group to pay a dividend over the next 12 months.

Shoals Technologies Group overview

Shoals Technologies Group, Inc. provides electrical balance of system (EBOS) solutions for solar energy projects in the United States. It offers EBOS components, such as cable assemblies, inline fuses, combiners, recombiners, disconnects, wireless monitoring systems, junction boxes, transition enclosures, and splice boxes that carry the electric current produced by solar panels to an inverter and to the power grid. The company sells its products 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. .

Frequently asked questions

What percentage of Shoals Technologies Group is owned by insiders or institutions?
Currently 1.297% of Shoals Technologies Group shares are held by insiders and 107.546% by institutions.
How many people work for Shoals Technologies Group?
Latest data suggests 504 work at Shoals Technologies Group.
When does the fiscal year end for Shoals Technologies Group?
Shoals Technologies Group's fiscal year ends in December.
Where is Shoals Technologies Group based?
Shoals Technologies Group's address is: 1400 Shoals Way, Portland, TN, United States, 37148
What is Shoals Technologies Group's ISIN number?
Shoals Technologies Group's international securities identification number is: US82489W1071

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