Shoals Technologies Group, Inc. provides electrical balance of system (EBOS) solutions and components in the United States and internationally. The company designs, manufactures, and sells various products used by the solar and battery storage industries, including solar big lead assembly (BLA) solutions, a plug-and-play cable and cabinet solutions; homeruns, interconnection, and extension solutions; combiners and re-combiners; load break disconnects and transition solutions which reduces feeder sizes or disconnect systems for maintenance and shutdowns; wireless performance monitoring, a real-time performance monitoring solutions; and battery energy storage solutions (BESS), an EBOS solutions for solar and storage, and standalone energy storage projects. It also offers original equipment manufacturer (OEM) components; and technical support services during installation and the transition to operations and maintenance. The company sells its products to engineering, procurement, and construction firms that build solar energy projects; utilities; solar developers, independent power producers; solar module manufacturers; and charge point operators. Shoals Technologies Group, Inc. was founded in 1996 and is headquartered in Portland, Tennessee.
Analyst Perspectives | Discover varied analyst views on Shoals, with price targets ranging from $4 to $9, reflecting the company's potential amid industry-wide challenges |
Growth Strategies | Learn about Shoals' expansion into BESS and data centers, international markets, and OEM partnerships as key drivers for future revenue growth |
Financial Performance | Delve into Shoals' recent revenue beats and guidance, while considering margin pressures and backlog volatility in a competitive landscape |
Solar Market Dynamics | Explore Shoals Technologies' position in the resilient utility-scale solar sector, facing both opportunities and challenges in a rapidly evolving industry |
Metrics to compare | SHLS | Sector Sector - Average of metrics from a broad group of related Industrials sector companies | Relationship RelationshipSHLSPeersSector | |
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P/E Ratio | 43.4x | −0.4x | 12.0x | |
PEG Ratio | −1.17 | 0.00 | 0.03 | |
Price / Book | 1.5x | −0.6x | 1.4x | |
Price / LTM Sales | 2.1x | 0.9x | 1.2x | |
Upside (Analyst Target) | 17.9% | 48.8% | 17.8% | |
Fair Value Upside | Unlock | 27.7% | 7.6% | Unlock |