Analysts Point To Shoals Technologies Group Inc (NASDAQ: SHLS) Growth In The Future

After Hours

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Stocks Info

This NASDAQ-listed company operates within the Solar industry segment, falling under the Technology sector. The current market capitalization of Shoals Technologies Group Inc is $1.44B. A total of 3.16 million shares were traded on the day, compared to an average of 4.02M 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.

Even though price targets are rarely accurate, they do tend to exert some kind of influence from time to time and are often considered important by markets. In terms of 52-week highs and lows, SHLS has a high of $28.34 and a low of $8.06.

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 17.0 estimates, with a high estimate of $0.18 per share and a lower estimate of $0.04. The company reported an EPS of $0.14 in the last quarter

Balance Sheet Annually/Quarterly

In a balance sheet, you can see what assets and liabilities the company has, as well as how much equity investors have invested. These figures can be used to calculate a company’s financial ratios to give investors a better idea of its prospects. 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

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. 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 4.53.

Most Popular

Related Posts