On Tuesday, Shoals Technologies Group Inc (NASDAQ: SHLS) opened higher 6.38% from the last session, before settling in for the closing price of $5.64. Price fluctuations for SHLS have ranged from $2.71 to $7.00 over the past 52 weeks.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
During the last 5-year period, the sales drop of Technology Sector giant was -12.58%. Company’s average yearly earnings per share was noted 8.02% at the time writing. With a float of $164.13 million, this company’s outstanding shares have now reached $167.17 million.
Let’s determine the extent of company efficiency that accounts for 1290 employees. In terms of profitability, gross margin is 34.39%, operating margin of 11.29%, and the pretax margin is 8.4%.
Shoals Technologies Group Inc (SHLS) Breakdown of a Key Holders of the stock
A key investor’s attitude towards the stock of the Solar industry is another important factor to consider. The insider ownership of Shoals Technologies Group Inc is 1.82%, while institutional ownership is 112.15%. 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
According to the Wall Street analysts, stocks earnings will be around 8.02% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 17.93% 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
Check out the current performance indicators for Shoals Technologies Group Inc (SHLS). In the past quarter, the stock posted a quick ratio of 1.58. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.58. Likewise, its price to free cash flow for the trailing twelve months is 13.56.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.11, a number that is poised to hit 0.08 in the next quarter and is forecasted to reach 0.47 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 4.23 million, which is a drop from its year-to-date volume of 6.52 million. As of the previous 9 days, the stock’s Stochastic %D was 41.97%.
During the past 100 days, Shoals Technologies Group Inc’s (SHLS) raw stochastic average was set at 87.85%, which indicates a significant increase from 67.83% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 0.35 in the past 14 days, which was higher than the 0.32 volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $5.19, while its 200-day Moving Average is $4.62. However, in the short run, Shoals Technologies Group Inc’s stock first resistance to watch stands at $6.21. Second resistance stands at $6.43. The third major resistance level sits at $6.70. If the price goes on to break the first support level at $5.73, it is likely to go to the next support level at $5.46. Now, if the price goes above the second support level, the third support stands at $5.24.
Shoals Technologies Group Inc (NASDAQ: SHLS) Key Stats
There are currently 167,175K shares outstanding in the company with a market cap of 1.00 billion. Presently, the company’s annual sales total 399,210 K according to its annual income of 24,130 K. Last quarter, the company’s sales amounted to 80,360 K and its income totaled -280 K.
