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Shoals Technologies Group Inc

SHLS | US

10.88

USD

0.07

0.65%

SHLS | US
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About Shoals Technologies Group Inc

Sector

Technology

Industry

Solar

Earnings date

30/06/2024

As of date

08/06/2026

Close

10.88

Open

11.05

High

11.44

Low

10.79

Shoals Technologies Group Inc. provides electrical balance of system (EBOS) solutions and components for solar battery energy and electric vehicle charging applications 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 and wire management solutions. It sells its products principally 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.

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SHLS | US

Risk
102.8
Sharpe
1.34
Luna's Score
43/100
Recommendation
Sell

Luna says (SHLS | US)

What's Working

Low Debt to Asset (< 0.2)

Value Stock (Price to Book < 3)

Strong Sharpe Ratio (> 1.2)

What's not Working

Price Below SMA10D

High Short-term Volatility

High 6-Month Volatility (>65%)

Smallcap (300M - 2B USD)

Weak P/E, and PEG ratio indicator

High Market Beta (> 0.8)

Declining Revenue (< 0%)

Volatility Signals

Bullish: Stable Volatility (6-month <= 1-month volatility) is positive for the stock performance.

Risk Meter

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10 days

115.3%

1 month

102.8%

3 months

82.6%

6 months

88.9%

Returns

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Fundamental Ratios

PE

38.85

Fwd. PE

9.23

Price to book

1.51

Debt to equity

0.27

Debt to assets

0.19

Ent. to EBITDA

15.33

Ent. to rev.

2.13

PEG

0.48

Other Fundamentals

EBITDA

63.08M

MarketCap

1.81B

MarketCap(USD)

1.81B

Div. yield

-

Op. margin

18.72

Erngs. growth

-36.90

Rev. growth

-16.70

Ret. on equity

4.34

Short ratio

2.60

Short perc.

11.56

Market Sentiment (SMA and Price signals)

Short-term: Bullish (SMA10D > SMA1M)

Intermediate-term: Bullish (SMA1M > SMA3M)

Long-term: Bullish (SMA6M > SMA12M)

SMAs: Stock Price Trends

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Range10D

2.98

Range1M

4.78

Range3M

7.75

Volumes: Market Activity

Volume Averages

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Rel. volume

0.88

Price X volume

52.81M

Peers

Name
Ticker
Industry
Close
Marketcap
Day Return
PE Ratio
Debt to Equity
 
 
 
 
 
 
 
 
Eos Energy Enterprises IncEOSEElectrical Equipment & Parts6.691.45B-5.51%n/a-104.46%
ENVXENVXElectrical Equipment & Parts7.321.33B0.55%n/a113.72%
Canadian Solar IncCSIQSolar17.041.13B-0.70%26.150.00%
JinkoSolar Holding Co. LtdJKSSolar19.61966.99M-2.24%5.85230.79%
Novus Capital Corporation IINRGVUtilities-Renewable5.17778.00M-5.48%n/a0.69%
FTC Solar Inc. Common StockFTCISolar4.66595.19M-1.89%n/a4.44%
ADSEADSEElectrical Equipment & Parts11.24578.81M-1.06%n/a51.12%
SLDPSLDPElectrical Equipment & Parts2.955528.84M0.51%n/a1.98%
MVSTMVSTElectrical Equipment & Parts1.225388.19M-2.00%n/a45.74%
TYGOTYGOSolar3.3199.58M0.30%2.2585.18%
  • 1

Diversifiers

Name
Ticker
Industry
Close
Marketcap
Day Return
PE Ratio
Debt to Equity
 
 
 
 
 
 
 
 
CorVel CorporationCRVLInsurance Brokers59.881.03B0.03%69.5111.54%
Greenlight Capital Re LtdGLREInsurance-Reinsurance15.37542.89M-1.03%7.199.71%
Crawford & CompanyCRD-AInsurance Brokers10.68527.63M-2.38%25.27217.41%
Crawford & CompanyCRD-BInsurance Brokers9.91483.73M-3.88%25.78217.41%
AHGAHGMedical Distribution1.33316.78M-0.75%n/a1.45%
Kingstone Companies IncKINSInsurance Brokers15.54178.80M0.71%21.7661.93%
SelectQuote Inc.SLQTInsurance Brokers0.8428144.51M-4.14%n/a225.35%
eHealth IncEHTHInsurance Brokers1.6849.40M-2.89%n/a11.59%
Zhibao Technology Inc. Class A Ordinary SharesZBAOInsurance Brokers0.675825.50M1.35%n/a251.34%
GoHealth Inc.GOCOInsurance Brokers0.388.68M-43.62%n/a269.37%
  • 1

Industry Comparison

ParameterCompanyIndustryIndicator
Enterprise to EBITDA15.3342.50Cheaper
Ent. to Revenue2.132.62Par
PE Ratio38.8516.64Expensive
Price to Book1.512.92Cheaper
Dividend Yield-14.73-
Std. Deviation (3M)82.6296.11Par
Debt to Equity0.270.48Cheaper
Debt to Assets0.190.40Cheaper
Market Cap1.81B1.93BPar
  • 1

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