shoals technologies grp inc - SHLS

SHLS

Close Chg Chg %
4.40 0.43 9.77%

Closed Market

4.83

+0.43 (9.77%)

Volume: 7.69M

Last Updated:

Nov 22, 2024, 4:00 PM EDT

Company Overview: shoals technologies grp inc - SHLS

SHLS Key Data

Open

$4.66

Day Range

4.65 - 4.89

52 Week Range

4.07 - 17.50

Market Cap

$733.48M

Shares Outstanding

166.70M

Public Float

165.14M

Beta

1.73

Rev. Per Employee

N/A

P/E Ratio

22.77

EPS

$0.19

Yield

0.00%

Dividend

N/A

EX-DIVIDEND DATE

SHORT INTEREST

N/A

AVERAGE VOLUME

5.40M

 

SHLS Performance

1 Week
 
5.92%
 
1 Month
 
-6.94%
 
3 Months
 
-11.38%
 
1 Year
 
-65.82%
 
5 Years
 
N/A
 

SHLS Analyst Ratings

  • Sell
  • Under
  • Hold
  • Over
  • Buy
Number of Ratings 21
Full Ratings ➔

About shoals technologies grp inc - SHLS

Shoals Technologies Group, Inc. provides electrical balance of system solutions for solar energy projects. Its EBOS components include cable assemblies, inline fuses, combiners, disconnects, recombiners, wireless monitoring systems, junction boxes, transition enclosures and splice boxes. The company was founded by Dean Solon in November 1996 and is headquartered in Portland, TN.

SHLS At a Glance

Shoals Technologies Group, Inc.
1400 Shoals Way
Portland, Tennessee 37148-4666
Phone 1-615-451-1400 Revenue 488.94M
Industry Semiconductors Net Income 39.97M
Sector Electronic Technology 2023 Sales Growth 49.55%
Fiscal Year-end 12 / 2024 Employees 1,309
View SEC Filings

SHLS Valuation

P/E Current 22.774
P/E Ratio (with extraordinary items) N/A
P/E Ratio (without extraordinary items) 63.951
Price to Sales Ratio 5.228
Price to Book Ratio 4.851
Price to Cash Flow Ratio 27.801
Enterprise Value to EBITDA 30.351
Enterprise Value to Sales 5.56
Total Debt to Enterprise Value 0.068

SHLS Efficiency

Revenue/Employee 373,521.008
Income Per Employee 30,537.815
Receivables Turnover 3.32
Total Asset Turnover 0.674

SHLS Liquidity

Current Ratio 2.453
Quick Ratio 1.883
Cash Ratio 0.245

SHLS Profitability

Gross Margin 32.551
Operating Margin 16.165
Pretax Margin 11.236
Net Margin 8.176
Return on Assets 5.512
Return on Equity 9.559
Return on Total Capital 5.478
Return on Invested Capital 6.354

SHLS Capital Structure

Total Debt to Total Equity 33.89
Total Debt to Total Capital 25.312
Total Debt to Total Assets 21.59
Long-Term Debt to Equity 33.314
Long-Term Debt to Total Capital 24.882
  • Income Statement
  • Balance Sheet
  • Cash Flow Statement

Annual Financials for Shoals Technologies Grp Inc - SHLS

Collapse All in section
All values USD millions. 2020 2021 2022 2023 5-year trend
Sales/Revenue
175.52M 213.21M 326.94M 488.94M
Sales Growth
- +21.48% +53.34% +49.55%
Cost of Goods Sold (COGS) incl D&A
117.23M 139.29M 205.10M 329.79M
COGS excluding D&A
- - - -
-
Depreciation & Amortization Expense
9.40M 10.05M 10.51M 10.53M
Depreciation
1.42M 1.65M 1.81M 2.63M
Amortization of Intangibles
7.99M 8.40M 8.70M 7.90M
COGS Growth
- +18.81% +47.25% +60.79%
Gross Income
58.28M 73.92M 121.84M 159.15M
Gross Income Growth
- +26.84% +64.81% +30.63%
Gross Profit Margin
+33.21% +34.67% +37.27% +32.55%
2020 2021 2022 2023 5-year trend
SG&A Expense
21.01M 35.59M 55.87M 80.72M
Research & Development
- - - -
-
Other SG&A
21.01M 35.59M 55.87M 80.72M
SGA Growth
- +69.43% +56.96% +44.49%
Other Operating Expense
- (200.00K) (400.00K) (600.00K)
Unusual Expense
- - 18.29M (110.84M)
-
EBIT after Unusual Expense
37.28M 20.24M 177.21M 79.03M
Non Operating Income/Expense
- - (1.66M) (6.67M)
-
Non-Operating Interest Income
- - - -
-
Equity in Earnings of Affiliates
- - - -
-
Interest Expense
3.51M 14.55M 18.54M 24.10M
Interest Expense Growth
- +314.50% +27.42% +30.00%
Gross Interest Expense
3.51M 14.55M 18.54M 24.10M
Interest Capitalized
- - - -
-
Pretax Income
33.77M 4.03M 152.00M 54.94M
Pretax Income Growth
- -88.06% +3,671.71% -63.86%
Pretax Margin
+19.24% +1.89% +46.49% +11.24%
Income Tax
- 86.00K 8.99M 12.27M
Income Tax - Current - Domestic
- 1.56M 581.00K 940.00K
Income Tax - Current - Foreign
- - - -
-
Income Tax - Deferred - Domestic
- (1.48M) 8.41M 11.33M
Income Tax - Deferred - Foreign
- - - -
-
Income Tax Credits
- - - -
-
Equity in Earnings of Affiliates
- - - -
-
Other After Tax Income (Expense)
- - - -
-
Consolidated Net Income
33.77M 3.94M 143.01M 42.66M
Minority Interest Expense
- 1.60M 15.40M 2.69M
Net Income
33.77M 2.35M 127.61M 39.97M
Net Income Growth
- -93.05% +5,334.88% -68.68%
Net Margin Growth
+19.24% +1.10% +39.03% +8.18%
Extraordinaries & Discontinued Operations
- - - -
-
Discontinued Operations
- - - -
-
Net Income After Extraordinaries
33.77M 2.35M 127.61M 39.97M
Preferred Dividends
- - - -
-
Net Income Available to Common
33.77M 2.35M 127.61M 39.97M
EPS (Basic)
0.2107 0.021 1.1146 0.2435
EPS (Basic) Growth
- -90.03% +5,207.62% -78.15%
Basic Shares Outstanding
160.28M 112.05M 114.50M 164.16M
EPS (Diluted)
0.2107 0.021 0.7613 0.243
EPS (Diluted) Growth
- -90.03% +3,525.24% -68.08%
Diluted Shares Outstanding
160.28M 112.05M 167.63M 164.50M
EBITDA
46.68M 48.59M 76.88M 89.56M
EBITDA Growth
- +4.08% +58.24% +16.50%
EBITDA Margin
+26.60% +22.79% +23.52% +18.32%

Snapshot

Average Recommendation OVERWEIGHT Average Target Price 7.75
Number of Ratings 21 Current Quarters Estimate 0.092
FY Report Date 12 / 2024 Current Year's Estimate 0.35
Last Quarter’s Earnings 0.08 Median PE on CY Estimate N/A
Year Ago Earnings 0.65 Next Fiscal Year Estimate 0.432
Median PE on Next FY Estimate N/A

Earnings Per Share

This Quarter Next Quarter This Fiscal Next Fiscal
# of Estimates 20 17 19 20
Mean Estimate 0.09 0.09 0.35 0.43
High Estimates 0.12 0.13 0.38 0.56
Low Estimate 0.04 0.05 0.23 0.29
Coefficient of Variance 18.93 22.64 9.00 17.44

Analysts Recommendations

Current 1 Month Ago 3 Months Ago
BUY 12 13 13
OVERWEIGHT 0 0 0
HOLD 9 8 6
UNDERWEIGHT 0 1 0
SELL 0 0 2
MEAN Overweight Overweight Overweight

Insider Actions for Shoals Technologies Grp Inc - SHLS

Date Name Shares Transaction Value
Jul 19, 2024 Brandon Moss Chief Executive Officer; Director 218,270 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $6.81 per share 1,486,418.70
Jul 19, 2024 Dominic Bardos Chief Financial Officer 227,167 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $7.06 per share 1,603,799.02
May 9, 2024 Peter M. Wilver Director 53,496 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
May 9, 2024 Lori S. Sundberg Director 52,035 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
May 9, 2024 Robert K. Julian Director 33,679 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
May 9, 2024 J. Bradford Forth Director 489,719 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
May 9, 2024 Jeannette M. Mills Director 33,679 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
May 9, 2024 Toni Volpe Director 52,035 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
May 9, 2024 Ty P. Daul Director 57,535 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Mar 12, 2024 Jeffery Tolnar President 96,391 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $13.04 per share 1,256,938.64
Mar 12, 2024 Inez Lund Chief Accounting Officer 21,577 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $13.05 per share 281,579.85
Mar 12, 2024 Mehgan Peetz General Counsel 105,201 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $13.04 per share 1,371,821.04

Shoals Technologies Grp Inc in the News