Investors with the goal of beating the broader market often turn to stock selection. Strategic choices in individual stocks can have a profound impact on your wealth.
The price of Shoals Technologies Group Inc (NASDAQ: SHLS) closed at $3.36 in the last session, down -8.20% from day before closing price of $3.66. In other words, the price has decreased by -$8.20 from its previous closing price. On the day, 5.7 million shares were traded. SHLS stock price reached its highest trading level at $3.5156 during the session, while it also had its lowest trading level at $3.18.
Ratios:
We take a closer look at SHLS’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 23.89 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 7.80. For the most recent quarter (mrq), Quick Ratio is recorded 1.64 and its Current Ratio is at 2.33. In the meantime, Its Debt-to-Equity ratio is 0.26 whereas as Long-Term Debt/Eq ratio is at 0.26.
On December 17, 2024, Morgan Stanley Upgraded its rating to Overweight which previously was Equal-Weight but kept the price unchanged to $7.
On November 25, 2024, BofA Securities started tracking the stock assigning a Buy rating and target price of $6.BofA Securities initiated its Buy rating on November 25, 2024, with a $6 target price.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Mar 12 ’25 when Bardos Dominic bought 35,000 shares for $2.80 per share. The transaction valued at 98,000 led to the insider holds 418,217 shares of the business.
Lund Inez sold 1,900 shares of SHLS for $5,548 on Mar 10 ’25. The Chief Accounting Officer now owns 61,134 shares after completing the transaction at $2.92 per share. On Mar 10 ’25, another insider, TOLNAR JEFFERY, who serves as the President of the company, sold 2,700 shares for $2.88 each. As a result, the insider received 7,776 and left with 253,426 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, SHLS now has a Market Capitalization of 561660928 and an Enterprise Value of 644718272. As of this moment, Shoals’s Price-to-Earnings (P/E) ratio for their current fiscal year is 23.56, and their Forward P/E ratio for the next fiscal year is 7.27. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.43. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.41 while its Price-to-Book (P/B) ratio in mrq is 1.01. Its current Enterprise Value per Revenue stands at 1.615 whereas that against EBITDA is 9.069.
Stock Price History:
The Beta on a monthly basis for SHLS is 1.47, which has changed by -0.6335878 over the last 52 weeks, in comparison to a change of 0.028231144 over the same period for the S&P500. Over the past 52 weeks, SHLS has reached a high of $10.26, while it has fallen to a 52-week low of $2.71. The 50-Day Moving Average of the stock is -7.87%, while the 200-Day Moving Average is calculated to be -33.36%.
Shares Statistics:
According to the various share statistics, SHLS traded on average about 6.69M shares per day over the past 3-months and 6238410 shares per day over the past 10 days. A total of 166.76M shares are outstanding, with a floating share count of 164.78M. Insiders hold about 1.43% of the company’s shares, while institutions hold 111.02% stake in the company. Shares short for SHLS as of 1741910400 were 15348551 with a Short Ratio of 2.36, compared to 1739491200 on 16549746. Therefore, it implies a Short% of Shares Outstanding of 15348551 and a Short% of Float of 11.91.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
