Shoals Technologies Group Inc [SHLS] stock prices are up 6.80% to $4.87 at the moment. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The SHLS shares have gain 3.18% over the last week, with a monthly amount glided 26.82%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Shoals Technologies Group Inc [NASDAQ: SHLS] stock has seen the most recent analyst activity on May 15, 2025, when BNP Paribas Exane downgraded its rating to a Underperform but kept the price target unchanged to $4 for it. On December 17, 2024, upgrade upgraded it’s rating to Overweight but maintained its price target of $7 on the stock. BofA Securities started tracking the stock assigning a Buy rating and suggested a price target of $6 on November 25, 2024. TD Cowen reiterated its recommendation of a Buy and raised its price target to $11 on November 13, 2024. Wells Fargo started tracking with a Equal Weight rating for this stock on October 14, 2024, and assigned it a price target of $46. In a note dated October 03, 2024, Citigroup upgraded an Neutral rating on this stock and boosted its target price from $5 to $5.50.
The stock price of Shoals Technologies Group Inc [SHLS] has been fluctuating between $2.71 and $8.05 over the past year. Currently, Wall Street analysts expect the stock to reach $14.81 within the next 12 months. Shoals Technologies Group Inc [NASDAQ: SHLS] shares were valued at $4.87 at the most recent close of the market. An investor can expect a potential return of 204.11% based on the average SHLS price forecast.
Analyzing the SHLS fundamentals
The Shoals Technologies Group Inc [NASDAQ:SHLS] reported sales of 388.76M for trailing twelve months, representing a drop of -11.50%. Gross Profit Margin for this corporation currently stands at 0.34% with Operating Profit Margin at 0.11%, Pretax Profit Margin comes in at 0.08%, and Net Profit Margin reading is 0.06%. To continue investigating profitability, this company’s Return on Assets is posted at 0.03, Equity is 0.04 and Total Capital is 0.06. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.25.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 4.57 points at the first support level, and at 4.26 for the second support level. However, for the 1st resistance point, the stock is sitting at 5.09, and for the 2nd resistance point, it is at 5.30.
Ratios To Look Out For
It’s worth pointing out that Shoals Technologies Group Inc [NASDAQ:SHLS]’s Current Ratio is 2.34. As well, the Quick Ratio is 1.58, while the Cash Ratio is 0.44. Considering the valuation of this stock, the price to sales ratio is 2.09, the price to book ratio is 1.46 and price to earnings (TTM) ratio is 43.10.
Transactions by insiders
Recent insider trading involved Bardos Dominic, Chief Financial Officer, that happened on Mar 12 ’25 when 35000.0 shares were purchased. Chief Accounting Officer, Lund Inez completed a deal on Mar 10 ’25 to sell 1900.0 shares. Meanwhile, President TOLNAR JEFFERY sold 2700.0 shares on Mar 10 ’25.
