In the last trading session, 4.22 million shares of the Shoals Technologies Group Inc (NASDAQ:SHLS) were traded, and its beta was 1.60. Most recently the company’s share price was $4.59, and it changed around $0.02 or 0.44% from the last close, which brings the market valuation of the company to $767.33M. SHLS currently trades at a discount to its 52-week high of $8.52, offering almost -85.62% off that amount. The share price’s 52-week low was $2.71, which indicates that the current value has risen by an impressive 40.96% since then.
Shoals Technologies Group Inc stock received a consensus recommendation rating of Buy, based on a mean score of 1.82. If we narrow it down even further, the data shows that 0 out of 25 analysts rate the stock as a Sell; another 5 rate it as Overweight. Among the rest, 9 recommended SHLS as a Hold, whereas 10 deemed it a Buy, and 1 rated it as Underweight.
Shoals Technologies Group Inc (NASDAQ:SHLS) trade information
Instantly SHLS has showed a green trend with a performance of 0.44% at the end of last trading. The performance over the last five days has remained in the red territory. The rise to weekly highs of 4.92 on recent trading dayincreased the stock’s daily price by 6.71%. The company’s shares are currently down -17.00% year-to-date, but still down -5.46% over the last five days. On the other hand, Shoals Technologies Group Inc (NASDAQ:SHLS) is 35.00% up in the 30-day period.
The consensus price target as assigned by Wall Street analysts is $9, which translates to bulls needing to increase their stock price by 49.0% from its current value. Analyst projections state that SHLS is forecast to be at a low of $5 and a high of $37.
Looking at the company’s year-over-year earnings, the past five years showed a negative earnings growth rate of -12.58%. Shoals Technologies Group Inc earnings are expected to increase by 7.33% in 2025, but the outlook is positive 16.03% per year for the next five years.
SHLS Dividends
Shoals Technologies Group Inc’s next quarterly earnings report is expected to be released in June.
VANGUARD GROUP INC, with 9.6926% or 16.48 million shares worth $102.81 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and Invesco Exchange-Traded Fund Trust II-Invesco Solar ETF were the top two Mutual Funds as of Dec 31, 2024 . The former held 5.36 shares worth $24.62 million, making up 3.21% of all outstanding shares. On the other hand, Invesco Exchange-Traded Fund Trust II-Invesco Solar ETF held roughly 4.69 shares worth around $21.51 million, which represents about 2.80% of the total shares outstanding.
