Those aspiring to outpace the market meticulously engage in the process of selecting individual stocks. Strategic choices can be instrumental in accelerating your wealth.
In the latest session, Shoals Technologies Group Inc (NASDAQ: SHLS) closed at $5.0 up 1.01% from its previous closing price of $4.95. In other words, the price has increased by $1.01% from its previous closing price. On the day, 4.11 million shares were traded. SHLS stock price reached its highest trading level at $5.17 during the session, while it also had its lowest trading level at $4.79.
Ratios:
For a deeper understanding of Shoals Technologies Group Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 23.47 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 11.30. For the most recent quarter (mrq), Quick Ratio is recorded 1.58 and its Current Ratio is at 2.34. In the meantime, Its Debt-to-Equity ratio is 0.25 whereas as Long-Term Debt/Eq ratio is at 0.25.
Morgan Stanley Upgraded its Equal-Weight to Overweight on December 17, 2024, while the target price for the stock was maintained at $7.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. 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 835875072 and an Enterprise Value of 942015040. As of this moment, Shoals’s Price-to-Earnings (P/E) ratio for their current fiscal year is 44.25, and their Forward P/E ratio for the next fiscal year is 10.76. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.74. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.15 while its Price-to-Book (P/B) ratio in mrq is 1.50. Its current Enterprise Value per Revenue stands at 2.423 whereas that against EBITDA is 14.695.
Stock Price History:
The Beta on a monthly basis for SHLS is 1.64, which has changed by -0.20382166 over the last 52 weeks, in comparison to a change of 0.11213791 over the same period for the S&P500. Over the past 52 weeks, SHLS has reached a high of $7.08, while it has fallen to a 52-week low of $2.71. The 50-Day Moving Average of the stock is 11.41%, while the 200-Day Moving Average is calculated to be 7.05%.
Shares Statistics:
For the past three months, SHLS has traded an average of 6.53M shares per day and 5045350 over the past ten days. A total of 167.17M shares are outstanding, with a floating share count of 164.04M. Insiders hold about 1.87% of the company’s shares, while institutions hold 112.25% stake in the company. Shares short for SHLS as of 1748563200 were 19480474 with a Short Ratio of 2.99, compared to 1745971200 on 14365422. Therefore, it implies a Short% of Shares Outstanding of 19480474 and a Short% of Float of 15.120000000000001.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
