Is Shoals Technologies Stock a Good Investment?
Shoals Technologies Investment Advice | SHLS |
- Examine Shoals Technologies' financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research Shoals Technologies' leadership team and their track record. Good management can help Shoals Technologies navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Electrical Components & Equipment space and any emerging trends that could impact Shoals Technologies' business and its evolving consumer preferences.
- Compare Shoals Technologies' performance and market position to its competitors. Analyze how Shoals Technologies is positioned in terms of product offerings, innovation, and market share.
- Check if Shoals Technologies pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Shoals Technologies' stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Shoals Technologies Group stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Shoals Technologies Group is a good investment.
Sell | Buy |
Strong Sell
Market Performance | Very Weak | Details | |
Volatility | Slightly risky | Details | |
Hype Condition | Under hyped | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Very Low | Details | |
Economic Sensitivity | Follows the market closely | Details | |
Investor Sentiment | Impartial | Details | |
Analyst Consensus | Buy | Details | |
Financial Strenth (F Score) | Strong | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Examine Shoals Technologies Stock
Researching Shoals Technologies' stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 97.0% of the company shares are owned by institutional investors. The company has price-to-book ratio of 1.61. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Shoals Technologies has Price/Earnings To Growth (PEG) ratio of 0.62. The entity had not issued any dividends in recent years.
To determine if Shoals Technologies is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Shoals Technologies' research are outlined below:
| Shoals Technologies generated a negative expected return over the last 90 days | |
| Shoals Technologies has high historical volatility and very poor performance | |
| Shoals Technologies has a strong financial position based on the latest SEC filings | |
| Over 97.0% of the company shares are owned by institutional investors | |
| Latest headline from investing.com: Shoals Technologies SWOT analysis stock faces headwinds amid expansion |
Shoals Technologies Quarterly Accounts Payable |
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Shoals Technologies uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Shoals Technologies Group. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Shoals Technologies' previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 27th of February 2024 Upcoming Quarterly Report | View | |
| 13th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 27th of February 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Earnings surprises can significantly impact Shoals Technologies' stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate. Below are the table of largest EPS Surprises Shoals Technologies' investors have experienced.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2024-05-07 | 2024-03-31 | 0.06 | 0.07 | 0.01 | 16 | ||
2022-05-16 | 2022-03-31 | 0.07 | 0.08 | 0.01 | 14 | ||
2021-08-10 | 2021-06-30 | 0.08 | 0.09 | 0.01 | 12 | ||
2021-05-03 | 2021-03-31 | 0.04 | 0.05 | 0.01 | 25 | ||
2021-03-15 | 2020-12-31 | 0.08 | 0.07 | -0.01 | 12 | ||
2024-08-06 | 2024-06-30 | 0.08 | 0.1 | 0.02 | 25 | ||
2022-11-14 | 2022-09-30 | 0.08 | 0.1 | 0.02 | 25 | ||
2022-03-10 | 2021-12-31 | 0.04 | 0.01 | -0.03 | 75 |
Know Shoals Technologies' Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Shoals Technologies is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Shoals Technologies Group backward and forwards among themselves. Shoals Technologies' institutional investor refers to the entity that pools money to purchase Shoals Technologies' securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Geode Capital Management, Llc | 2024-09-30 | 4 M | Pictet Asset Manangement Sa | 2024-06-30 | 3.7 M | Goldman Sachs Group Inc | 2024-06-30 | 3.5 M | Millennium Management Llc | 2024-06-30 | 3.4 M | Norges Bank | 2024-06-30 | 3 M | Handelsbanken Fonder Ab | 2024-09-30 | 2.7 M | Clearbridge Advisors, Llc | 2024-09-30 | 2.2 M | Invenomic Capital Management, Lp | 2024-09-30 | 2 M | William Blair Investment Management, Llc | 2024-09-30 | 1.9 M | Blackrock Inc | 2024-06-30 | 23.1 M | Vanguard Group Inc | 2024-09-01 | 16.6 M |
Shoals Technologies' market capitalization trends
The company currently falls under 'Small-Cap' category with a current market capitalization of 876.84 M.Market Cap |
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Shoals Technologies' profitablity analysis
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.06 | 0.05 | |
| Return On Capital Employed | 0.11 | 0.13 | |
| Return On Assets | 0.05 | 0.08 | |
| Return On Equity | 0.07 | 0.07 |
Determining Shoals Technologies' profitability involves analyzing its financial statements and using various financial metrics to determine if Shoals Technologies is a good buy. For example, gross profit margin measures Shoals Technologies' profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Shoals Technologies' profitability and make more informed investment decisions.
Please note, the imprecision that can be found in Shoals Technologies' accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Shoals Technologies Group. Check Shoals Technologies' Beneish M Score to see the likelihood of Shoals Technologies' management manipulating its earnings.
Evaluate Shoals Technologies' management efficiency
Shoals Technologies has return on total asset (ROA) of 0.0507 % which means that it generated a profit of $0.0507 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.0615 %, meaning that it created $0.0615 on every $100 dollars invested by stockholders. Shoals Technologies' management efficiency ratios could be used to measure how well Shoals Technologies manages its routine affairs as well as how well it operates its assets and liabilities. At this time, Shoals Technologies' Return On Capital Employed is comparatively stable compared to the past year. Return On Assets is likely to gain to 0.08 in 2024, whereas Return On Tangible Assets are likely to drop 0.05 in 2024. At this time, Shoals Technologies' Net Tangible Assets are comparatively stable compared to the past year. Total Current Assets is likely to gain to about 238.5 M in 2024, whereas Non Current Assets Total are likely to drop slightly above 333.7 M in 2024.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 3.32 | 3.49 | |
| Tangible Book Value Per Share | 2.60 | 2.73 | |
| Enterprise Value Over EBITDA | 30.29 | 28.78 | |
| Price Book Value Ratio | 4.68 | 4.45 | |
| Enterprise Value Multiple | 30.29 | 28.78 | |
| Price Fair Value | 4.68 | 4.45 | |
| Enterprise Value | 3.4 B | 4.7 B |
The decision-making processes within Shoals Technologies are key to its success in a competitive market. By evaluating these processes, we assess the stock's potential for future gains.
Beta 1.731 |
Basic technical analysis of Shoals Stock
As of the 30th of November, Shoals Technologies has the Coefficient Of Variation of 3428.9, semi deviation of 5.11, and Risk Adjusted Performance of 0.0308. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Shoals Technologies, as well as the relationship between them. Please validate Shoals Technologies variance, value at risk, as well as the relationship between the Value At Risk and skewness to decide if Shoals Technologies is priced more or less accurately, providing market reflects its prevalent price of 5.22 per share. Given that Shoals Technologies has jensen alpha of 0.072, we advise you to double-check Shoals Technologies Group's current market performance to make sure the company can sustain itself at a future point.Shoals Technologies' insider trading activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Shoals Technologies insiders, such as employees or executives, is commonly permitted as long as it does not rely on Shoals Technologies' material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Shoals Technologies insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Shoals Technologies' Outstanding Corporate Bonds
Shoals Technologies issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Shoals Technologies uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Shoals bonds can be classified according to their maturity, which is the date when Shoals Technologies Group has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
| Boeing Co 2196 Corp BondUS097023DG73 | View | |
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| MPLX LP 52 Corp BondUS55336VAL45 | View | |
| SHIRE ACQUISITIONS INVTS Corp BondUS82481LAD10 | View | |
| Morgan Stanley 3591 Corp BondUS61744YAK47 | View |
Understand Shoals Technologies' technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Shoals Technologies' various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | 0.0308 | |||
| Market Risk Adjusted Performance | 0.2796 | |||
| Mean Deviation | 3.54 | |||
| Semi Deviation | 5.11 | |||
| Downside Deviation | 5.29 | |||
| Coefficient Of Variation | 3428.9 | |||
| Standard Deviation | 5.03 | |||
| Variance | 25.3 | |||
| Information Ratio | 0.0018 | |||
| Jensen Alpha | 0.072 | |||
| Total Risk Alpha | (0.70) | |||
| Sortino Ratio | 0.0017 | |||
| Treynor Ratio | 0.2696 | |||
| Maximum Drawdown | 31.53 | |||
| Value At Risk | (9.87) | |||
| Potential Upside | 7.39 | |||
| Downside Variance | 28.01 | |||
| Semi Variance | 26.11 | |||
| Expected Short fall | (3.69) | |||
| Skewness | (0.27) | |||
| Kurtosis | 2.28 |
| Risk Adjusted Performance | 0.0308 | |||
| Market Risk Adjusted Performance | 0.2796 | |||
| Mean Deviation | 3.54 | |||
| Semi Deviation | 5.11 | |||
| Downside Deviation | 5.29 | |||
| Coefficient Of Variation | 3428.9 | |||
| Standard Deviation | 5.03 | |||
| Variance | 25.3 | |||
| Information Ratio | 0.0018 | |||
| Jensen Alpha | 0.072 | |||
| Total Risk Alpha | (0.70) | |||
| Sortino Ratio | 0.0017 | |||
| Treynor Ratio | 0.2696 | |||
| Maximum Drawdown | 31.53 | |||
| Value At Risk | (9.87) | |||
| Potential Upside | 7.39 | |||
| Downside Variance | 28.01 | |||
| Semi Variance | 26.11 | |||
| Expected Short fall | (3.69) | |||
| Skewness | (0.27) | |||
| Kurtosis | 2.28 |
Consider Shoals Technologies' intraday indicators
Shoals Technologies intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Shoals Technologies stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Shoals Technologies Corporate Filings
F4 | 25th of November 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
8K | 12th of November 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
| 31st of October 2024 Other Reports | ViewVerify | |
13A | 21st of October 2024 The form used by investors holding more than 5% of a company's stock, to report their beneficial ownership pursuant to Rule 13d-1 or Rule 13d-2 under the Securities Exchange Act of 1934 | ViewVerify |
Shoals Stock media impact
Far too much social signal, news, headlines, and media speculation about Shoals Technologies that are available to investors today. That information is available publicly through Shoals media outlets and privately through word of mouth or via Shoals internal channels. However, regardless of the origin, that massive amount of Shoals data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of Shoals Technologies news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Shoals Technologies relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Shoals Technologies' headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Shoals Technologies alpha.
Shoals Technologies Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards Shoals Technologies can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Shoals Technologies Historical Investor Sentiment
Investor biases related to Shoals Technologies' public news can be used to forecast risks associated with an investment in Shoals. The trend in average sentiment can be used to explain how an investor holding Shoals can time the market purely based on public headlines and social activities around Shoals Technologies Group. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Shoals Technologies' market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Shoals Technologies and other traded tickers. The bigger the bubble, the more accurate the estimated score. Higher bars for a given day show more participation in the average Shoals Technologies news discussions. The higher the estimate score, the more favorable the investor's outlook on Shoals Technologies.
Shoals Technologies Corporate Management
| John Hass | Chief Officer | Profile | |
| Mehgan Peetz | Chief Counsel | Profile | |
| Ben Macias | Chief Officer | Profile | |
| Karen Bazela | Vice Sales | Profile | |
| Dominic Bardos | Chief Officer | Profile | |
| Alex Stucker | Senior Development | Profile | |
| Kirsten Moen | Chief Officer | Profile |
Additional Tools for Shoals Stock Analysis
When running Shoals Technologies' price analysis, check to measure Shoals Technologies' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Shoals Technologies is operating at the current time. Most of Shoals Technologies' value examination focuses on studying past and present price action to predict the probability of Shoals Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Shoals Technologies' price. Additionally, you may evaluate how the addition of Shoals Technologies to your portfolios can decrease your overall portfolio volatility.