Shoals Technologies Group Inc (NASDAQ:SHLS) traded at $5.85 at close of the session on Friday, July 11 and made an upward move of 1.21% on its previous day’s price.
Looking at the stock we see that its previous close was $5.78 and the beta (5Y monthly) reads 1.634 with the day’s price range being $5.685 – $5.97. The company has a trailing 12-month PE ratio of 51.77. In terms of its 52-week price range, SHLS has a high of $7.08 and a low of $2.71. The company’s stock has gained about 12.50% over that past 30 days.
Shoals Technologies Group Inc has a market cap of $977.97 million and is expected to release its quarterly earnings report on 2025-May-06.
On the other hand, looking at the outlook for the SHLS stock, short term indicators assign the stock an average of 100% Buy, while medium term indicators assign it an average of 100% Buy.
Based on estimates by 9 analysts, where scores have ranged from 1.00 for a strong buy to 5.00 for a strong sell, 1 have rated the Shoals Technologies Group Inc (SHLS) stock as a Hold, while 7 rate it as a Buy. 0 analyst(s) rate it as overweight while 0 of them rated it as underweight, whereas 1 suggest the stock as a Sell. The stock has an overall rating of Buy and investors could take advantage and scoop up stock of the company.
Looking further, we note that the PEG ratio for the SHLS stock currently stands at 3.09, and the current price level is 10.74% off its SMA20 and 17.93% from its 50-day simple moving average. The RSI (14) is pointing at 60.05 while the volatility over the past week is 6.71% and jumps to 8.28% over the past one month. The average price target for the stock over the next 12 months is $7.2, with the estimates having a low of $7.2 and a high of $7.2. These price ends are -23.08% and -23.08% off the current price level respectively, although investors could be excited at the prospect of a -23.08% if the SHLS share price touches on the median price of $7.2.
Coming back to Shoals Technologies Group Inc (NASDAQ:SHLS), we note that the average 3-month trading volume was 6.78 million, while that of the preceding 10-day period stands at 7.54 million. Current shares outstanding are 167.17 million.
The insiders hold 1.82% of the company’s shares while institutions hold 112.22%. The data shows that short shares as of 2025-06-13, stood at 21.68 million at a short ratio of 3.01. This represents a 1683.00 short interest in shares outstanding on 2025-06-13. Shares short rose in June from the previous month at 15.9 million. Investors should be excited about this stock as its upside potential is great, with current price pushing the stock -6.25% down in year-to-date price movement.
