Currently, there are 167.17M common shares owned by the public and among those 164.13M shares have been available to trade.
The company’s stock has a 5-day price change of 33.19% and 106.56% over the past three months. SHLS shares are trading 5.00% year to date (YTD), with the 12-month market performance up to 13.92% higher. It has a 12-month low price of $2.71 and touched a high of $7.08 over the same period. SHLS has an average intraday trading volume of 6.96 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 22.20%, 31.52%, and 35.87% respectively.
Institutional ownership of Shoals Technologies Group Inc (NASDAQ: SHLS) shares accounts for 112.27% of the company’s 167.17M shares outstanding.
It has a market capitalization of $1.05B and a beta (3y monthly) value of 1.59. The stock’s trailing 12-month PE ratio is 55.75, while the earnings-per-share (ttm) stands at $0.11. The company has a PEG of 3.33 and a Quick Ratio of 1.58 with the debt-to-equity ratio at 0.25. Price movements for the stock have been influenced by the stock’s volatility, which stands at 12.74% over the week and 8.20% over the month.
Earnings per share for the fiscal year are expected to increase by 7.56%, and 24.06% over the next financial year. EPS should grow at an annualized rate of 16.73% over the next five years, compared to -12.58% over the past 5-year period.
Looking at the support for the SHLS, a number of firms have released research notes about the stock. Jefferies stated their Buy rating for the stock in a research note on July 07, 2025, with the firm’s price target at $7.20. BNP Paribas Exane coverage for the Shoals Technologies Group Inc (SHLS) stock in a research note released on May 15, 2025 offered a Underperform rating with a price target of $4. Wolfe Research was of a view on February 18, 2025 that the stock is Peer Perform, while Morgan Stanley gave the stock Overweight rating on December 17, 2024, issuing a price target of $7. BofA Securities on their part issued Buy rating on November 25, 2024.
