Back to top
more

Shoals Technologies Group (SHLS)

(Delayed Data from NSDQ)

$5.31 USD

5.31
5,351,829

-0.14 (-2.57%)

Updated Aug 15, 2024 04:00 PM ET

After-Market: $5.32 +0.01 (0.19%) 7:58 PM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy24.03%
2Buy17.70%
3Hold9.37%
4Sell5.03%
5Strong Sell2.48%
S&P50011.19%

Zacks Rank Education - Learn about the Zacks Rank

Zacks Rank Home - Zacks Rank resources in one place

Zacks Premium - The only way to fully access the Zacks Rank

4-Sell of 5       4  

Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

Zacks Style Scores Education - Learn more about the Zacks Style Scores

B Value A Growth F Momentum A VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

Zacks Rank Education -- Learn more about the Zacks Rank
Zacks Industry Rank Education -- Learn more about the Zacks Industry Rank

Top 36% (91 out of 251)

Industry: Solar

Better trading starts here.

Zacks News

Should Value Investors Buy Shoals Technologies Group (SHLS) Stock?

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Here's Why Shoals Technologies (SHLS) is Poised for a Turnaround After Losing -11.86% in 4 Weeks

Shoals Technologies (SHLS) has become technically an oversold stock now, which implies exhaustion of the heavy selling pressure on it. This, combined with strong agreement among Wall Street analysts in revising earnings estimates higher, indicates a potential trend reversal for the stock in the near term.

Shoals Technologies Group (SHLS) Beats Q2 Earnings and Revenue Estimates

Shoals Technologies (SHLS) delivered earnings and revenue surprises of 11.11% and 10.51%, respectively, for the quarter ended June 2024. Do the numbers hold clues to what lies ahead for the stock?

SolarEdge (SEDG) to Report Q2 Earnings: What's in the Cards?

SolarEdge's (SEDG) Q2 results are likely to be negatively impacted by slow market demand and higher restructuring activities.

Sunnova Energy (NOVA) Reports Q2 Loss, Tops Revenue Estimates

Sunnova Energy (NOVA) delivered earnings and revenue surprises of 50% and 1.31%, respectively, for the quarter ended June 2024. Do the numbers hold clues to what lies ahead for the stock?

Earnings Preview: SolarEdge Technologies (SEDG) Q2 Earnings Expected to Decline

SolarEdge (SEDG) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

First Solar (FSLR) Surpasses Q2 Earnings and Revenue Estimates

First Solar (FSLR) delivered earnings and revenue surprises of 21.72% and 6.79%, respectively, for the quarter ended June 2024. Do the numbers hold clues to what lies ahead for the stock?

Aparajita Dutta headshot

Nextracker (NXT) to Report Q1 Earnings: What's in the Cards?

Nextracker's (NXT) first-quarter fiscal 2025 results are likely to reflect the benefits of soaring solar demand and 45X credit amid the adverse impacts of rising R&D expenses.

Shoals Technologies Group (SHLS) Expected to Beat Earnings Estimates: Should You Buy?

Shoals Technologies (SHLS) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Enphase Energy (ENPH) Q2 Earnings and Revenues Miss Estimates

Enphase Energy (ENPH) delivered earnings and revenue surprises of -12.24% and 1.84%, respectively, for the quarter ended June 2024. Do the numbers hold clues to what lies ahead for the stock?

Wall Street Analysts Believe Shoals Technologies (SHLS) Could Rally 95.17%: Here's is How to Trade

The consensus price target hints at a 95.2% upside potential for Shoals Technologies (SHLS). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.

Shoals Technologies Group (SHLS) Q4 Earnings and Revenues Lag Estimates

Shoals Technologies (SHLS) delivered earnings and revenue surprises of -29.41% and 1.10%, respectively, for the quarter ended December 2023. Do the numbers hold clues to what lies ahead for the stock?

Array Technologies, Inc. (ARRY) Q4 Earnings and Revenues Top Estimates

Array Technologies, Inc. (ARRY) delivered earnings and revenue surprises of 90.91% and 6.99%, respectively, for the quarter ended December 2023. Do the numbers hold clues to what lies ahead for the stock?

Earnings Estimates Rising for Shoals Technologies (SHLS): Will It Gain?

Shoals Technologies (SHLS) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

Does Shoals Technologies (SHLS) Have the Potential to Rally 93.98% as Wall Street Analysts Expect?

The average of price targets set by Wall Street analysts indicates a potential upside of 94% in Shoals Technologies (SHLS). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.

Matador Resources and Hilton Grand Vacations have been highlighted as Zacks Bull and Bear of the Day

Matador Resources and Hilton Grand Vacations have been highlighted as Zacks Bull and Bear of the Day.

Aparajita Dutta headshot

US Solar Electricity Generation to Beat Hydro: Stocks to Buy

The solar capacity increase is projected to reduce generation from fossil fuel-fired power plants in the nation. You may buy JKS, NXT and SHLS.

Enphase Energy (ENPH) Q3 Earnings Meet Estimates

Enphase Energy (ENPH) delivered earnings and revenue surprises of 0% and 1.99%, respectively, for the quarter ended September 2023. Do the numbers hold clues to what lies ahead for the stock?

Strength Seen in Shoals Technologies (SHLS): Can Its 5.3% Jump Turn into More Strength?

Shoals Technologies (SHLS) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.

Shoals Technologies Group (SHLS) Q2 Earnings and Revenues Top Estimates

Shoals Technologies (SHLS) delivered earnings and revenue surprises of 7.69% and 6.49%, respectively, for the quarter ended June 2023. Do the numbers hold clues to what lies ahead for the stock?

Sunrun (RUN) Expected to Beat Earnings Estimates: Should You Buy?

Sunrun (RUN) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Shoals Technologies Group (SHLS) Earnings Expected to Grow: Should You Buy?

Shoals Technologies (SHLS) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Implied Volatility Surging for Shoals Technologies (SHLS) Stock Options

Investors need to pay close attention to Shoals Technologies (SHLS) stock based on the movements in the options market lately.

Shoals Technologies Group (SHLS) Surpasses Q1 Earnings and Revenue Estimates

Shoals Technologies (SHLS) delivered earnings and revenue surprises of 40% and 6.53%, respectively, for the quarter ended March 2023. Do the numbers hold clues to what lies ahead for the stock?

Array Technologies, Inc. (ARRY) Reports Next Week: Wall Street Expects Earnings Growth

Array Technologies, Inc. (ARRY) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.