(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
Additional Sources for SHLS Stock
Tweets: X Stocktwits
Fund Manager Positions: Dataroma Stockcircle
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 PaidSHLS 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 |
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%.
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%.
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
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% |