Shoals Technologies Group Inc [NASDAQ: SHLS] slipped around 6509995.0 points on Wednesday, while shares priced at $6510000.0 at the close of the session, down -2.60%.
Shoals Technologies Group Inc stock is now -25.19% down from its year-to-date (YTD) trading value. SHLS Stock saw the intraday high of $5.1418 and lowest of $4.8 per share. The company’s 52-week high price is 7.08, which means current price is +79.70% above from all time high which was touched on 05/13/25.
Compared to the average trading volume of 6.51M shares, SHLS reached a trading volume of 4196463 in the most recent trading day, which is why market watchdogs consider the stock to be active.
What do top market gurus say about Shoals Technologies Group Inc [SHLS]?
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for SHLS shares is $6.46 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on SHLS stock is a recommendation set at 1.86. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
BNP Paribas Exane have made an estimate for Shoals Technologies Group Inc shares, keeping their opinion on the stock as Underperform, with their previous recommendation back on May 15, 2025. While these analysts kept the previous recommendation, Wolfe Research raised their target price to Peer Perform. The new note on the price target was released on February 18, 2025, representing the official price target for Shoals Technologies Group Inc stock. Previously, the target price had yet another raise to $7, while Morgan Stanley analysts kept a Overweight rating on SHLS stock.
The Price to Book ratio for the last quarter was 1.46, with the Price to Cash per share for the same quarter was set at 0.21. Price to Free Cash Flow for SHLS in the course of the last twelve months was 11.01 with Quick ratio for the last quarter at 1.58.
How has SHLS stock performed recently?
Shoals Technologies Group Inc [SHLS] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -7.41. With this latest performance, SHLS shares gained by 6.10% in over the last four-week period, additionally plugging by 7.27% over the last 6 months – not to mention a drop of -11.93% in the past year of trading.
Shoals Technologies Group Inc [SHLS]: Deeper insight into the fundamentals
Operating Margin for any stock indicates how profitable investing would be, and Shoals Technologies Group Inc [SHLS] shares currently have an operating margin of 11.29% and a Gross Margin at 31.92%. Shoals Technologies Group Inc’s Net Margin is presently recorded at 4.91%.
Return on Equity for this stock inclined to 2.36%, with Return on Assets sitting at 2.36%.
Earnings analysis for Shoals Technologies Group Inc [SHLS]
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for SHLS. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Shoals Technologies Group Inc go to 16.13%.
Insider trade positions for Shoals Technologies Group Inc [SHLS]
There are presently around $117.32%, or 118.42% of SHLS stock, in the hands of institutional investors. The top three institutional holders of SHLS stocks are: BLACKROCK INC. with ownership of 23.13 million shares, which is approximately 13.6045%. VANGUARD GROUP INC, holding 16.48 million shares of the stock with an approximate value of $$102.81 million in SHLS stocks shares; and VANGUARD GROUP INC, currently with $$71.39 million in SHLS stock with ownership which is approximately 6.7302%.