Shoals Technologies Group Inc (NASDAQ: SHLS) Could Be Viewed Differently By Investors Because Of These Numbers

After Hours

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Recently, Yahoo Finance discussed the stock, revealing that Shoals Technologies Group Asserts Its Intellectual Property Rights and Vows to Defend Patent.

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Stocks Info

The company is listed on the NASDAQ and operates within the Solar industry segment. The current market capitalization of Shoals Technologies Group Inc is $2.16B. A total of 3.21 million shares were traded on the day, compared to an average of 3.54M shares.

In the most recent transaction, Peetz Mehgan sold 3,160 shares of SHLS for 13.04 per share on Mar 08 ’24. After the transaction, the General Counsel now owns 105,201 company shares. In a previous transaction on Mar 08 ’24, TOLNAR JEFFERY sold 2,750 shares at 13.04 per share. SHLS shares that President owns now total 96,391.

Among the insiders who sold shares, Lund Inez disposed of 1,940 shares on Mar 08 ’24 at a per-share price of $13.05. This resulted in the Chief Accounting Officer holding 21,577 shares of SHLS after the transaction. In another insider transaction, Bardos Dominic sold 4,200 shares at $14.24 per share on Dec 05 ’23. Company shares held by the Chief Financial Officer now total 66,925.

It has been observed that price targets are rarely accurate, but they can exert some influence from time to time, and are often accepted as valuable in the market. In terms of 52-week highs and lows, SHLS has a high of $28.34 and a low of $11.48.

As of this writing, SHLS has an earnings estimate of $0.06 per share for the current quarter. EPS was calculated based on a consensus of 17 estimates, with a high estimate of $0.18 per share and a lower estimate of $0.04. The company reported an EPS of $0.2 in the last quarter, which was 33.30% higher than expectations of $0.15.

Balance Sheet Annually/Quarterly

An equity investor’s investment can be viewed on a balance sheet by looking at what assets and liabilities the company has. Investors can determine the company’s prospects by calculating its financial ratios based on this information. SHLS’s latest balance sheet shows that the firm has $5.01M in Cash & Short Term Investments as of fiscal 2021. There were $247.05M in debt and $31.55M in liabilities at the time. Its Book Value Per Share was $3.20, while its Total Shareholder’s Equity was -$7.50M.

Analysts Opinion

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for SHLS is Buy with a score of 4.61.

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