Shoals Technologies Group Inc (NASDAQ: SHLS) kicked off on Tuesday, up 9.51% from the previous trading day, before settling in for the closing price of $9.25. Over the past 52 weeks, SHLS has traded in a range of $2.71-$9.44.
Technology Sector giant saw their annual sales slid by -12.58% over the last five years. While this was happening, its average annual earnings per share was recorded 16.32%. With a float of $164.32 million, this company’s outstanding shares have now reached $167.35 million.
Shoals Technologies Group Inc (SHLS) Insider Activity
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 1.82%, while institutional ownership is 106.75%. 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) Earnings and Forecasts
In the latest quarterly report, which was put into the public domain on 9/30/2024, the organization reported 0.08 earnings per share (EPS), lower than consensus estimate (set at 0.1) by -0.02. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.14 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 16.32% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 18.93% 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
Take a look at Shoals Technologies Group Inc’s (SHLS) current performance indicators. Last quarter, stock had a quick ratio of 1.64. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 4.23. Likewise, its price to free cash flow for the trailing twelve months is 140.23.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.13, a number that is poised to hit 0.13 in the next quarter and is forecasted to reach 0.48 in one year’s time.
