On Monday, Shoals Technologies Group Inc (NASDAQ: SHLS) was 2.47% up from the session before settling in for the closing price of $3.64. A 52-week range for SHLS has been $2.71 – $9.17.
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Annual sales at Technology sector company grew by 25.50% over the past five years. When this article was written, the company’s average yearly earnings per share was at 7.42%. With a float of $164.78 million, this company’s outstanding shares have now reached $166.76 million.
Let’s look at the performance matrix of the company that is accounted for 1290 employees. In terms of profitability, gross margin is 35.0%, operating margin of 12.82%, and the pretax margin is 9.48%.
Shoals Technologies Group Inc (SHLS) Insider and Institutional Ownership
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Shoals Technologies Group Inc stocks. The insider ownership of Shoals Technologies Group Inc is 1.43%, while institutional ownership is 110.38%. The most recent insider transaction that took place on Mar 12 ’25, was worth 98,000. In this transaction Chief Financial Officer of this company bought 35,000 shares at a rate of $2.80, taking the stock ownership to the 418,217 shares. Before that another transaction happened on Mar 10 ’25, when Company’s Chief Accounting Officer sold 1,900 for $2.92, making the entire transaction worth $5,548. This insider now owns 61,134 shares in total.
Shoals Technologies Group Inc (SHLS) Latest Financial update
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.08 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 7.42% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 17.01% during the next five years compared to -12.58% drop over the previous five years of trading.
Shoals Technologies Group Inc (NASDAQ: SHLS) Trading Performance Indicators
You can see what Shoals Technologies Group Inc (SHLS) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 1.64. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.56. Likewise, its price to free cash flow for the trailing twelve months is 8.66.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.14, a number that is poised to hit 0.04 in the next quarter and is forecasted to reach 0.46 in one year’s time.
Technical Analysis of Shoals Technologies Group Inc (SHLS)
Shoals Technologies Group Inc (NASDAQ: SHLS) saw its 5-day average volume 5.34 million, a negative change from its year-to-date volume of 6.35 million. As of the previous 9 days, the stock’s Stochastic %D was 94.12%. Additionally, its Average True Range was 0.28.
During the past 100 days, Shoals Technologies Group Inc’s (SHLS) raw stochastic average was set at 27.64%, which indicates a significant decrease from 95.86% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 86.33% in the past 14 days, which was higher than the 85.19% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $3.42, while its 200-day Moving Average is $4.89. Nevertheless, the first resistance level for the watch stands at $3.82 in the near term. At $3.91, the stock is likely to face the second major resistance level. The third major resistance level sits at $4.06. If the price goes on to break the first support level at $3.58, it is likely to go to the next support level at $3.43. The third support level lies at $3.34 if the price breaches the second support level.
Shoals Technologies Group Inc (NASDAQ: SHLS) Key Stats
There are 166,995K outstanding shares of the company, which has a market capitalization of 623.51 million. As of now, sales total 399,210 K while income totals 24,130 K. Its latest quarter income was 106,990 K while its last quarter net income were 7,820 K.
