Shoals Technologies Group Inc (NASDAQ: SHLS) kicked off on Tuesday, up 3.03% from the previous trading day, before settling in for the closing price of $3.96. Over the past 52 weeks, SHLS has traded in a range of $3.83-$16.85.
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During the last 5-year period, the sales growth of Technology Sector giant was 36.46%. While this was happening, its average annual earnings per share was recorded -44.83%. With a float of $165.08 million, this company’s outstanding shares have now reached $166.70 million.
Let’s determine the extent of company efficiency that accounts for 1309 employees. In terms of profitability, gross margin is 36.14%, operating margin of 15.75%, and the pretax margin is 11.91%.
Shoals Technologies Group Inc (SHLS) Breakdown of a Key Holders of the stock
Our next focus will be how large-scale investors are participating in this stock of the Solar Industry. The insider ownership of Shoals Technologies Group Inc is 0.97%, while institutional ownership is 105.32%. The most recent insider transaction that took place on Dec 05 ’24, was worth 4,012. In this transaction Chief Accounting Officer of this company sold 850 shares at a rate of $4.72, taking the stock ownership to the 36,825 shares. Before that another transaction happened on Dec 05 ’24, when Company’s President sold 1,310 for $4.65, making the entire transaction worth $6,092. This insider now owns 124,451 shares in total.
Shoals Technologies Group Inc (SHLS) Recent Fiscal highlights
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.09 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -44.83% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will plunge by -7.08% during the next five years compared to 19.43% growth over the previous five years of trading.
Shoals Technologies Group Inc (NASDAQ: SHLS) Trading Performance Indicators
Take a look at Shoals Technologies Group Inc’s (SHLS) current performance indicators. Last quarter, stock had a quick ratio of 1.36. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.61. Likewise, its price to free cash flow for the trailing twelve months is 8.19.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.19, a number that is poised to hit 0.09 in the next quarter and is forecasted to reach 0.43 in one year’s time.
Technical Analysis of Shoals Technologies Group Inc (SHLS)
Looking closely at Shoals Technologies Group Inc (NASDAQ: SHLS), its last 5-days average volume was 5.68 million, which is a drop from its year-to-date volume of 6.42 million. As of the previous 9 days, the stock’s Stochastic %D was 18.13%. Additionally, its Average True Range was 0.31.
During the past 100 days, Shoals Technologies Group Inc’s (SHLS) raw stochastic average was set at 9.50%, which indicates a significant decrease from 25.37% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 50.48% in the past 14 days, which was lower than the 83.21% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $4.87, while its 200-day Moving Average is $5.78. However, in the short run, Shoals Technologies Group Inc’s stock first resistance to watch stands at $4.20. Second resistance stands at $4.33. The third major resistance level sits at $4.48. If the price goes on to break the first support level at $3.92, it is likely to go to the next support level at $3.77. Now, if the price goes above the second support level, the third support stands at $3.64.
Shoals Technologies Group Inc (NASDAQ: SHLS) Key Stats
The company with the Market Capitalisation of 680.13 million has total of 166,699K Shares Outstanding. Its annual sales at the moment are 488,940 K in contrast with the sum of 39,970 K annual income. Company’s last quarter sales were recorded 102,170 K and last quarter income was -270 K.
