How to buy 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.

Shoals Technologies Group share price

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

Shoals Technologies Group shares at a glance

• Key figures

Information last updated 2021-04-20.

52-week range	$28.17 - $44.04
50-day moving average	$33.74
200-day moving average	$35.18
Wall St. target price	$42.30
PE ratio	N/A
Dividend yield	N/A (0%)
Earnings per share (TTM)	N/A

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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.

Technical Analysis of Shoals Technologies Group, Inc by TradingView

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.

Is Shoals Technologies Group under- or over-valued?

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 EBITDA

Shoals Technologies Group's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $49.6 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.

• First Solar (FSLR.US): USD$588.9 million
• Sunrun (RUN.US): USD$4.4 million
• SunPower Corporation (SPWR.US): USD$27.8 million

Shoals Technologies Group financials

Revenue TTM	$175.5 million
Operating margin TTM	22.89%
Gross profit TTM	$69.1 million
Return on assets TTM	13.11%
Return on equity TTM	0%
Profit margin	19.24%
Book value	N/A
Market capitalisation	$5.3 billion

TTM: trailing 12 months

Shorting Shoals Technologies Group shares

There are currently 5.4 million Shoals Technologies Group shares held short by investors – that's known as Shoals Technologies Group's "short interest". This figure is 38.3% up from 3.9 million last month.

There are a few different ways that this level of interest in shorting Shoals Technologies Group shares can be evaluated.

Shoals Technologies Group's "short interest ratio" (SIR)

Shoals Technologies Group's "short interest ratio" (SIR) is the quantity of Shoals Technologies Group shares currently shorted divided by the average quantity of Shoals Technologies Group shares traded daily (recently around 2.1 million). Shoals Technologies Group's SIR currently stands at 2.54. In other words for every 100,000 Shoals Technologies Group shares traded daily on the market, roughly 2540 shares are currently held short.

To gain some more context, you can compare Shoals Technologies Group's short interest ratio against those of similar companies.

• First Solar (FSLR.US): 4.45
• Sunrun (RUN.US): 4.35
• SunPower Corporation (SPWR.US): 3.77

However Shoals Technologies Group's short interest can also be evaluated against the total number of Shoals Technologies Group shares, or, against the total number of tradable Shoals Technologies Group shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Shoals Technologies Group's short interest could be expressed as 0.03% of the outstanding shares (for every 100,000 Shoals Technologies Group shares in existence, roughly 30 shares are currently held short) or 0.0674% of the tradable shares (for every 100,000 tradable Shoals Technologies Group shares, roughly 67 shares are currently held short).

Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against Shoals Technologies Group.

Find out more about how you can short Shoals Technologies Group stock.

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 0.482% of Shoals Technologies Group shares are held by insiders and 50.525% 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