Shoals Technologies Group Inc (NASDAQ: SHLS) kicked off on Tuesday, down -10.64% from the previous trading day, before settling in for the closing price of $10.34. Over the past 52 weeks, SHLS has traded in a range of $2.71-$11.36.
Over the past five-year period, the drop rate of yearbook sales for the company of the Technology sector was -12.58%. While this was happening, its average annual earnings per share was recorded 13.44%. With a float of $164.33 million, this company’s outstanding shares have now reached $167.35 million.
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 1.81%, while institutional ownership is 107.70%. 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) Recent Fiscal highlights
In the latest quarterly report, which was put into the public domain on 12/31/2024, 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 0.08 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 13.44% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 18.78% 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 4.32. Likewise, its price to free cash flow for the trailing twelve months is 143.14.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.13, a number that is poised to hit 0.14 in the next quarter and is forecasted to reach 0.49 in one year’s time.
Technical Analysis of Shoals Technologies Group Inc (SHLS)
Compared to the last year’s volume of 6.43 million, its volume of 8.08 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 39.49%.
During the past 100 days, Shoals Technologies Group Inc’s (SHLS) raw stochastic average was set at 71.23%, which indicates a significant increase from 22.34% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 0.71 in the past 14 days, which was higher than the 0.51 volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $8.42, while its 200-day Moving Average is $5.47. Nevertheless, the first resistance level for the watch stands at $10.14 in the near term. At $11.05, the stock is likely to face the second major resistance level. The third major resistance level sits at $11.80. If the price goes on to break the first support level at $8.48, it is likely to go to the next support level at $7.73. Now, if the price goes above the second support level, the third support stands at $6.82.
Shoals Technologies Group Inc (NASDAQ: SHLS) Key Stats
The company with the Market Capitalisation of 1.73 billion has total of 167,363K Shares Outstanding. Its annual sales at the moment are 399,210 K in contrast with the sum of 24,130 K annual income. Company’s last quarter sales were recorded 110,840 K and last quarter income was 13,860 K.
