Shoals Technologies Group, Inc.
General ticker "SHLS" information:
- Sector: Energy
- Industry: Solar
- Capitalization: $929.9M (TTM average)
Shoals Technologies Group, Inc. follows the US Stock Market performance with the rate: 59.7%.
Estimated limits based on current volatility of 3.6%: low 9.17$, high 9.86$
Factors to consider:
- Total employees count: 1290 (-1.5%) as of 2024
- Top business risk factors: Diminished solar energy demand, Supply chain disruptions, Product defects, Trade restrictions, Economic downturns and volatility
- Price in estimated range
- Earnings for 9 months up through Q3 exceed our estimates
Stock Forecast*
* forecast is subjective and experimental, should not be used for any investment decisions
Long term estimates were made for the period from 2024-12-31 to 2026-12-31
- 2024-12-31 to 2025-12-31 estimated range: [3.50$, 8.41$]
- 2025-12-31 to 2026-12-31 estimated range: [4.15$, 9.58$]
Financial Metrics affecting the SHLS estimates:
- Positive: with PPE of 16.0 at the end of fiscal year the price was very low
- Positive: 7.54 < Operating profit margin, % of 12.82
- Negative: negative Industry operating cash flow (median)
- Positive: 6.63 < Operating cash flow per share per price, % of 9.05
- Positive: Industry inventory ratio change (median), % of -0.23 <= -0.18
- Negative: negative Industry operating income (median)
- Positive: Shareholder equity ratio, % of 70.21 > 64.17
Short-term SHLS quotes
Long-term SHLS plot with estimates
Financial data
| YTD | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Operating Revenue | $326.94MM | $488.94MM | $399.21MM |
| Operating Expenses | $260.61MM | $409.90MM | $348.04MM |
| Operating Income | $66.33MM | $79.03MM | $51.17MM |
| Non-Operating Income | $85.67MM | $-24.10MM | $-13.31MM |
| Interest Expense | $18.54MM | $24.10MM | $13.83MM |
| Income(Loss) | $152.00MM | $54.94MM | $37.86MM |
| Taxes | $8.99MM | $12.27MM | $13.74MM |
| Profit(Loss)* | $127.61MM | $39.97MM | $24.13MM |
| Stockholders Equity | $291.37MM | $545.00MM | $556.80MM |
| Inventory | $72.85MM | $52.80MM | $55.98MM |
| Assets | $594.89MM | $843.99MM | $793.08MM |
| Operating Cash Flow | $39.45MM | $91.95MM | $80.39MM |
| Capital expenditure | $3.15MM | $10.58MM | $8.39MM |
| Investing Cash Flow | $-3.66MM | $-10.85MM | $-8.39MM |
| Financing Cash Flow | $-36.59MM | $-67.17MM | $-71.19MM |
| Earnings Per Share** | $1.11 | $0.24 | $0.14 |
* Profit(Loss) attributable to entity.
** EPS are Split Adjusted, recent splits may be reflected with a delay.