(SHLS) Shoals Technologies - Ratings and Ratios

Exchange: NASDAQ • Country: United States • Currency: USD • Type: Common Stock • ISIN: US82489W1071

SHLS: Connectors, Fuses, Cabinets, Wiring, Enclosures, Components

Shoals Technologies Group, Inc. is a leading provider of electrical balance of system (EBOS) solutions and components for solar energy systems, battery energy storage, and electric vehicle (EV) charging infrastructure. Founded in 1996 and headquartered in Portland, Tennessee, the company specializes in designing, manufacturing, and delivering system solutions for both homerun and combine-as-you-go wiring architectures. Its product portfolio includes a wide range of EBOS components such as combiners, plug-n-play branch connectors, inline fuses, AC disconnects, recombiners, wireless monitoring systems, junction boxes, and wire management solutions. Additionally, Shoals offers cable assemblies, transition enclosures, and splice boxes, as well as cabinets for battery energy storage systems.

In the eMobility sector, Shoals provides innovative solutions tailored to the EV charging market. These include power centers that integrate essential equipment for protecting charging systems and transforming voltage levels to meet site-specific requirements. The company also offers quick connect solutions for seamless integration of chargers into its systems, big lead assembly (BLA) technology to connect multiple chargers to a single power center, and a raceway system designed to protect above-ground EV BLAs in both pedestrian and vehicular traffic areas. Furthermore, Shoals has developed Snapshot IV, a solar operations and maintenance solution that enables real-time monitoring of individual solar panel performance, comparing actual voltage and current metrics against manufacturer projections to optimize system efficiency.

Shoals Technologies serves a diverse customer base, including engineering, procurement, and construction (EPC) firms, utilities, solar developers, independent power producers, solar module manufacturers, and charge point operators. With a strong focus on innovation and reliability, the company has established itself as a key player in the renewable energy and EV infrastructure sectors. As the demand for solar energy and electric vehicle charging continues to grow, Shoals is well-positioned to leverage its expertise in EBOS solutions to support the global transition to cleaner energy systems.

Looking ahead, Shoals Technologies is poised for growth as the renewable energy and EV markets expand. With a market capitalization of $753.48 million and a forward P/E ratio of 9.88, the company is attractively valued for investors seeking exposure to the clean energy sector. Its price-to-book ratio of 1.38 and price-to-sales ratio of 1.78 indicate a balance between growth potential and current financial stability. While the return on equity of 6.66% reflects moderate profitability, the companys strong position in the EBOS and eMobility markets suggests room for improvement as scale and operational efficiencies are realized. As the energy transition accelerates, Shoals Technologies is likely to benefit from increasing demand for its solutions, positioning it as a critical enabler of the infrastructure needed for a low-carbon future.

Website: https://www.shoals.com

Ticker Symbol: SHLS Exchange: NASDAQ Type: common stock Country Origin: United States GICS Sub Industry: Electrical Components & Equipment

Additional Sources for SHLS Stock

SHLS Stock Overview

Market Cap in USD 503m
Sector Technology
Industry Solar
GiC Sub-Industry Electrical Components & Equipment
IPO / Inception 2021-01-27

SHLS Stock Ratings

Growth 5y -85.4%
Fundamental 23.8%
Dividend 0.0%
Rel. Strength Industry -74.7
Analysts 4.09/5
Fair Price Momentum 1.91 USD
Fair Price DCF 9.96 USD

SHLS Dividends

No Dividends Paid

SHLS Growth Ratios

Growth Correlation 3m -75.1%
Growth Correlation 12m -91.2%
Growth Correlation 5y -83.9%
CAGR 5y -41.98%
CAGR/Max DD 5y -0.45
Sharpe Ratio 12m -1.08
Alpha -77.86
Beta 0.19
Volatility 92.95%
Current Volume 5595.2k
Average Volume 20d 6902.2k
What is the price of SHLS stocks?
As of March 15, 2025, the stock is trading at USD 3.26 with a total of 5,595,239 shares traded.
Over the past week, the price has changed by +15.60%, over one month by -17.68%, over three months by -21.82% and over the past year by -72.42%.
Is Shoals Technologies a good stock to buy?
Neither. Based on ValueRay Fundamental Analyses, Shoals Technologies is currently (March 2025) neither a good nor a bad stock to buy. It has a ValueRay Fundamental Rating of 23.78 and therefor a neutral outlook according to the companies health.
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of SHLS as of March 2025 is 1.91. This means that SHLS is currently overvalued and has a potential downside of -41.41%.
Is SHLS a buy, sell or hold?
Shoals Technologies has received a consensus analysts rating of 4.09. Therefor, it is recommend to buy SHLS.
  • Strong Buy: 10
  • Buy: 5
  • Hold: 8
  • Sell: 0
  • Strong Sell: 0
What are the forecast for SHLS stock price target?
According to ValueRays Forecast Model, SHLS Shoals Technologies will be worth about 2.1 in March 2026. The stock is currently trading at 3.26. This means that the stock has a potential downside of -36.5%.
Issuer Forecast Upside
Wallstreet Target Price 6.6 102.8%
Analysts Target Price 7.6 132.2%
ValueRay Target Price 2.1 -36.5%