Market Watch: Shoals Technologies Group Inc (SHLS)’s Noteworthy Drop, Closing at 4.56

Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.

As of close of business last night, Shoals Technologies Group Inc’s stock clocked out at $4.56, down -3.39% from its previous closing price of $4.72. In other words, the price has decreased by -$3.39 from its previous closing price. On the day, 3.93 million shares were traded.

Ratios:

To gain a deeper understanding of SHLS’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 21.41 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 10.31. 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:

Investing in insider trades can also provide an investor with insight into how management views future 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:

As of this moment, Shoals’s Price-to-Earnings (P/E) ratio for their current fiscal year is 40.35, and their Forward P/E ratio for the next fiscal year is 9.81. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.50. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.96 while its Price-to-Book (P/B) ratio in mrq is 1.36.

Stock Price History:

Over the past 52 weeks, SHLS has reached a high of $8.52, while it has fallen to a 52-week low of $2.71. The 50-Day Moving Average of the stock is 15.09%, while the 200-Day Moving Average is calculated to be -2.94%.

Shares Statistics:

A total of 167.17M shares are outstanding, with a floating share count of 164.13M. Insiders hold about 1.82% of the company’s shares, while institutions hold 112.61% stake in the company.

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