USD 4.355
↓ -0.205 (-4.5%)
| ticker | 1 day return % | 1 week return % | 1 month return % | 3 months return % | 6 months return % | 1 year return % | 3 years return % | 5 years return % | 10 years return % | maximum return % |
|---|---|---|---|---|---|---|---|---|---|---|
| SHLS | -4.5 | -11.3 | -13.8 | -16.9 | -32.1 | -70.9 | -86.4 | -85.9 | -85.9 | -85.9 |
| S&P 500 | 0.5 | -1.5 | 0.6 | 6.2 | 11.2 | 29.7 | 25.4 | 88.9 | 187.5 | 33299.0 |
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| Attribute | Value |
|---|---|
| symbol | SHLS |
| name | Shoals Technologies Group, Inc. |
| price | 4.36 |
| changes percentage | -4.50 |
| change | -0.20 |
| day low | 4.26 |
| day high | 4.58 |
| year high | 17.50 |
| year low | 4.26 |
| market cap | 725974145 |
| price avg 50 | 5.54 |
| price avg 200 | 8.00 |
| exchange | NASDAQ |
| volume | 2721124 |
| avg volume | 5097096 |
| open | 4.56 |
| previous close | 4.56 |
| eps | 0.20 |
| pe | 21.78 |
| earnings announcement | 2024-11-12T05:00:00.000+0000 |
| shares outstanding | 166699000 |
| timestamp | 2024-11-18 17:43:13 |
We derive the score of a company's financial statements by evaluating the weighted average sentiment across key within the statements. The cumulative score, normalized to a sum of 1, serves as a metric for assessing the company's performance during the specified period. A higher score indicates stronger performance. However, it's crucial to note that while this score provides valuable insights, it is just one of many factors to consider when making informed investment decisions. A holistic evaluation, considering various aspects of the company's financial health and market conditions, is essential for a well-rounded investment strategy.
| 2023 | 2022 | Y/Y change % | |
|---|---|---|---|
| 0001831651 | |||
| revenue | 488939000 | 326940000 | 49.55 |
| gross profit | 168304000 | 131311000 | 28.17 |
| gross profit ratio | 0.34 | 0.4 | -14.29 |
| research and development expenses | 0 | 0 | NaN |
| operating expenses | 89269000 | 64981000 | 37.38 |
| interest income | 0 | 18538000 | -100.00 |
| interest expense | 24100000 | 18538000 | 30.00 |
| ebitda | 89564000 | 181047000 | -50.53 |
| ebitdaratio | 0.18 | 0.55 | -66.92 |
| operating income | 79035000 | 170538000 | -53.66 |
| operating income ratio | 0.16 | 0.52 | -69.01 |
| net income | 39974000 | 127611000 | -68.68 |
| net income ratio | 0.08 | 0.39 | -79.05 |
| eps | 0.24 | 1.11 | -78.38 |
Revenue Growth: revenue increased to 489 million in 2023 from 327 million in 2022 representing a change of 49.55%. This indicates a sales growth, which is a positive sign for the company.
Gross Profit: Gross Profit increased to 168 million in 2023 from 131 million in 2022 representing a change of 28.17%. This indicates a sales profitability growth, which is a positive sign for the company.
EBITDA: EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) increased to 90 million in 2023 from 181 million in 2022 representing a change of -50.53%. The increase in EBITDA indicates improved operational efficiency and profitability.
Operating Income: Operating income increased to 79 million in 2023 from 171 million in 2022 representing a change of -53.66%. The increase in operating income indicates better operational performance and increased profitability.
Net Income: Net income increased to 40 million in 2023 from 128 million in 2022 representing a change of -68.68%. The increase in net income shows improved profitability and indicates that the company is generating more profit for each dollar of revenue.
Operating Expenses: Operating Expenses increased to 89 million in 2023 from 65 million in 2022 representing a change of 37.38%. The increase in operating expenses can be attributed to various factors such as marketing, administrative costs, and investments in infrastructure. It's important to monitor if these expenses are growing at a sustainable rate compared to revenue.
Earnings per Share (EPS): EPS increased to 0.24 in 2023 from 0.24 in 2022 representing a change of -78.38%. This indicates that the company's earnings are decreasing and it is becoming less profitable on a per-share basis.
| 2024Q3 | 2024Q2 | Q/Q change % | |
|---|---|---|---|
| 0001831651 | |||
| revenue | 102165000 | 99249000 | 2.94 |
| gross profit | 25376000 | 39997000 | -36.56 |
| gross profit ratio | 0.25 | 0.4 | -38.37 |
| research and development expenses | 0 | 0 | NaN |
| operating expenses | 20852000 | 21416000 | -2.63 |
| interest income | 0 | 0 | NaN |
| interest expense | 3088000 | 3063000 | 0.82 |
| ebitda | 457000 | 21760000 | -97.90 |
| ebitdaratio | 0.0 | 0.22 | -97.96 |
| operating income | 4524000 | 18581000 | -75.65 |
| operating income ratio | 0.04 | 0.19 | -76.35 |
| net income | 3139000 | 11802000 | -73.40 |
| net income ratio | 0.03 | 0.12 | -74.16 |
| eps | 0.02 | 0.07 | -72.91 |
Revenue Growth: revenue decreased to 102 million in 2024Q3 from 99 million in 2024Q2 representing a change of 2.94%. This indicates a sales shrinking, which is a negative sign for the company.
Gross Profit: Gross Profit decreased to 25 million in 2024Q3 from 40 million in 2024Q2 representing a change of -36.56%. This indicates a sales profitability decline, which is a negative sign for the company.
Earnings per Share (EPS): EPS increased to 0.02 in 2024Q3 from 0.02 in 2024Q2 representing a change of -72.91%. This indicates that the company's earnings are decreasing and it is becoming less profitable on a per-share basis.
Operating Expenses: Operating Expenses decreased to 21 million in 2024Q3 from 21 million in 2024Q2 representing a change of -2.63%. The decrease in operating expenses can be attributed to various factors such as improved profitability, cost optimization and financial stability, lower operating expenses can be positive indicators.
EBITDA: EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) increased to 0 million in 2024Q3 from 22 million in 2024Q2 representing a change of -97.9%. The increase in EBITDA indicates improved operational efficiency and profitability.
Operating Income: Operating income increased to 5 million in 2024Q3 from 19 million in 2024Q2 representing a change of -75.65%. The increase in operating income indicates better operational performance and increased profitability.
Net Income: Net income increased to 3 million in 2024Q3 from 12 million in 2024Q2 representing a change of -73.4%. The increase in net income shows improved profitability and indicates that the company is generating more profit for each dollar of revenue.
| 2023 | 2022 | Y/Y change % | |
|---|---|---|---|
| 0001831651 | |||
| total assets | 843993000 | 594895000 | 41.87 |
| total liabilities | 298997000 | 293906000 | 1.73 |
| total equity | 544996000 | 300989000 | 81.07 |
| cash and cash equivalents | 22707000 | 8766000 | 159.03 |
| short term investments | 0 | 0 | NaN |
| long term investments | 0 | 0 | NaN |
| total current assets | 227186000 | 153540000 | 47.97 |
| total non current assets | 616807000 | 441355000 | 39.75 |
| total current liabilities | 92630000 | 52622000 | 76.03 |
| total non current liabilities | 206367000 | 241284000 | -14.47 |
| common stock | 2000 | 2000 | 0.00 |
| retained earnings | 74452000 | 34478000 | 115.94 |
| total debt | 184701000 | 239063000 | -22.74 |
Total Assets: Total Assets increased to 844 million in 2023 from 595 million in 2022 representing a change of 41.87%. Suggesting a growth in asset holdings.
Total Equity: Total Equity increased to 545 million in 2023 from 301 million in 2022 representing a change of 81.07%. This indicates an increase in shareholders' equity.
Cash And Cash Equivalents: Cash And Cash Equivalents increased to 23 million in 2023 from 9 million in 2022 representing a change of 159.03%. This indicates an increase in available liquid assets.
Total Current Assets: Total Current Assets increased to 227 million in 2023 from 154 million in 2022 representing a change of 47.97%. This indicates a better liquidity position.
Retained Earnings: Retained Earnings increased to 74 million in 2023 from 34 million in 2022 representing a change of 115.94%. This indicates an accumulated profits.
Total Debt: Total Debt decreased to 185 million in 2023 from 239 million in 2022 representing a change of -22.74%. This indicates a reduction in overall debt burden.
Total Liabilities: Total Liabilities increased to 299 million in 2023 from 294 million in 2022 representing a change of 1.73%. This indicates an increase in overall liabilities.
Total Current Liabilities: Total Current Liabilities increased to 93 million in 2023 from 53 million in 2022 representing a change of 76.03%. This indicates a higher short-term debt burden.
| 2024Q3 | 2024Q2 | Q/Q change % | |
|---|---|---|---|
| 0001831651 | |||
| total assets | 801301000 | 788437000 | 1.63 |
| total liabilities | 256105000 | 243851000 | 5.03 |
| total equity | 545196000 | 544586000 | 0.11 |
| cash and cash equivalents | 11106000 | 3189000 | 248.26 |
| short term investments | 0 | 0 | NaN |
| long term investments | 0 | 0 | NaN |
| total current assets | 190769000 | 177255000 | 7.62 |
| total non current assets | 610532000 | 611182000 | -0.11 |
| total current liabilities | 91913000 | 78262000 | 17.44 |
| total non current liabilities | 164192000 | 165589000 | -0.84 |
| common stock | 2000 | 2000 | 0.00 |
| retained earnings | 90761000 | 91028000 | -0.29 |
| total debt | 141750000 | 146750000 | -3.41 |
Total Assets: Total Assets increased to 801 million in 2024Q3 from 788 million in 2024Q2 representing a change of 1.63%. Suggesting a growth in asset holdings.
Total Equity: Total Equity increased to 545 million in 2024Q3 from 545 million in 2024Q2 representing a change of 0.11%. This indicates an increase in shareholders' equity.
Cash And Cash Equivalents: Cash And Cash Equivalents increased to 11 million in 2024Q3 from 3 million in 2024Q2 representing a change of 248.26%. This indicates an increase in available liquid assets.
Total Current Assets: Total Current Assets increased to 191 million in 2024Q3 from 177 million in 2024Q2 representing a change of 7.62%. This indicates a better liquidity position.
Total Debt: Total Debt decreased to 142 million in 2024Q3 from 147 million in 2024Q2 representing a change of -3.41%. This indicates a reduction in overall debt burden.
Total Liabilities: Total Liabilities increased to 256 million in 2024Q3 from 244 million in 2024Q2 representing a change of 5.03%. This indicates an increase in overall liabilities.
Total Current Liabilities: Total Current Liabilities increased to 92 million in 2024Q3 from 78 million in 2024Q2 representing a change of 17.44%. This indicates a higher short-term debt burden.
Retained Earnings: Retained Earnings decreased to 91 million in 2024Q3 from 91 million in 2024Q2 representing a change of -0.29%. This indicates an accumulated losses.
| 2023 | 2022 | Y/Y change % | |
|---|---|---|---|
| 0001831651 | |||
| net change in cash | 13941000 | -791000 | 1,862.45 |
| operating cash flow | 91955000 | 39455000 | 133.06 |
| free cash flow | 81377000 | 36301000 | 124.17 |
| capital expenditure | -10578000 | -3154000 | -235.38 |
| depreciation and amortization | 10529000 | 10509000 | 0.19 |
| deferred income tax | 11334000 | 8406000 | 34.83 |
| stock based compensation | 20862000 | 16108000 | 29.51 |
| accounts payables | 5171000 | -11029000 | 146.89 |
| inventory | 15009000 | -36927000 | 140.65 |
| acquisitions net | 0 | 0 | NaN |
| investments in property plant and equipment | -10578000 | -3154000 | -235.38 |
| net cash used for investing activites | -10847000 | -3657000 | -196.61 |
| debt repayment | -59500000 | -9140000 | -550.98 |
| common stock issued | 0 | 42943000 | -100.00 |
| common stock repurchased | 0 | 0 | NaN |
| dividends paid | 0 | 0 | NaN |
| net cash used provided by financing activities | -67167000 | -36589000 | -83.57 |
| cash at end of period | 22707000 | 8766000 | 159.03 |
| accounts receivables | -80262000 | -19207000 | -317.88 |
| cash at beginning of period | 8766000 | 9557000 | -8.28 |
Net Change in Cash: Net Change in Cash increased to 14 million in 2023 from -1 million in 2022 representing a change of 1862.45%. Indicating an increased ability to generate cash from the company's operations or its cash flow position.
Operating Cash Flow: Operating Cash Flow increased to 92 million in 2023 from 39 million in 2022 representing a change of 133.06%. This indicates that the company generated more cash from its core business operations.
Free Cash Flow: Free Cash Flow increased to 81 million in 2023 from 36 million in 2022 representing a change of 124.17%. This indicates an increase in cash generated after accounting for capital expenditures.
Capital Expenditure: Capital Expenditure decreased to -11 million in 2023 from -3 million in 2022 representing a change of -235.38%. This indicates a possible improved efficiency or a shift in the company's strategic priorities.
Accounts Payables: The absolute value of Accounts Payables decreased to 5 million in 2023 from 11 million in 2022 representing a change of 146.89%. This indicates that the company has reduced its outstanding obligations to its suppliers.
Accounts Receivables: Accounts Receivables decreased to -80 million in 2023 from -19 million in 2022 representing a change of -317.88%. This suggests that the company has been able to collect payments from its customers more efficiently and timely.
Deferred Income Tax: Deferred Income Tax increased to 11 million in 2023 from 8 million in 2022 representing a change of 34.83%. This indicates that the company's tax liability for future periods has increased.
Stock-Based Compensation: Stock-Based Compensation increased to 21 million in 2023 from 16 million in 2022 representing a change of 29.51%. This indicates increased expenses, which is generally considered a negative sign from a financial perspective.
| 2024Q3 | 2024Q2 | Q/Q change % | |
|---|---|---|---|
| 0001831651 | |||
| operating cash flow | 15699000 | 37841000 | -58.51 |
| free cash flow | 13321999 | 35839000 | -62.83 |
| capital expenditure | -2377001 | -2002000 | -18.73 |
| depreciation and amortization | 3151000 | 3179000 | -0.88 |
| deferred income tax | 1665000 | 4024000 | -58.62 |
| stock based compensation | 1282000 | 4087000 | -68.63 |
| accounts receivables | -26161000 | 17533000 | -249.21 |
| accounts payables | 7556000 | 459000 | 1,546.19 |
| inventory | -6887000 | 0 | NaN |
| acquisitions net | 0 | 0 | NaN |
| investments in property plant and equipment | -2377001 | -2001999 | -18.73 |
| net cash used for investing activites | -2377001 | -2001999 | -18.73 |
| debt repayment | -5000000 | -22000000 | 77.27 |
| common stock issued | 0 | 0 | NaN |
| common stock repurchased | -100000 | -25231000 | 99.60 |
| dividends paid | 0 | 0 | NaN |
| net cash used provided by financing activities | -5405000 | -47886000 | 88.71 |
| net change in cash | 7917000 | -12047000 | 165.72 |
| cash at end of period | 11106000 | 3189000 | 248.26 |
| cash at beginning of period | 3189000 | 15236000 | -79.07 |
Net Change in Cash: Net Change in Cash increased to 8 million in 2024Q3 from -12 million in 2024Q2 representing a change of 165.72%. Indicating an increased ability to generate cash from the company's operations or its cash flow position.
Capital Expenditure: Capital Expenditure decreased to -2 million in 2024Q3 from -2 million in 2024Q2 representing a change of -18.73%. This indicates a possible improved efficiency or a shift in the company's strategic priorities.
Stock-Based Compensation: Stock-Based Compensation decreased to 1 million in 2024Q3 from 4 million in 2024Q2 representing a change of -68.63%. This indicates decreased expenses, which is generally considered a positive sign from a financial perspective.
Accounts Receivables: Accounts Receivables decreased to -26 million in 2024Q3 from 18 million in 2024Q2 representing a change of -249.21%. This suggests that the company has been able to collect payments from its customers more efficiently and timely.
Operating Cash Flow: Operating Cash Flow decreased to 16 million in 2024Q3 from 38 million in 2024Q2 representing a change of -58.51%. This indicates that the company generated less cash from its core business operations.
Free Cash Flow: Free Cash Flow decreased to 13 million in 2024Q3 from 36 million in 2024Q2 representing a change of -62.83%. This indicates a decrease in cash generated after accounting for capital expenditures.
Accounts Payables: The absolute value of Accounts Payables increased to 8 million in 2024Q3 from 0 million in 2024Q2 representing a change of 1546.19%. This indicates that the company has increased its outstanding obligations to its suppliers.
We save you time by utilizing Generative AI to summarize earnings transcripts. Our summaries provide a clear insight into the company's current performance, future outlook, and overall sentiment expressed during the call. Click on below links to explore more.
Note: The years mentioned below are fiscal years in accounting.
Q3 2024 Earnings call transcript
EPS represents the portion of a company's profit allocated to each outstanding share of common stock. A higher EPS is generally favorable, indicating stronger profitability on a per-share basis.
Positive EPS: A positive EPS signifies that a company is profitable, it is generally viewed positively, supporting stock value and investor confidence.
Negative EPS: Indicates that a company is operating at a loss, which could lead to negative sentiment, potential stock depreciation, and concerns about the company's financial health.
The Next Earning Date represents when the company plans to release its next set of financial results.
An upward trend in EPS suggests consistent growth in earnings, often leading to increased investor confidence. A downward trend may indicate a decline in earnings, potentially decreasing investor confidence and stock value. Fluctuating EPS suggests unpredictable financial performance, warranting cautious investor analysis.
Earnings surprise occurs when a company's actual earnings differ from analysts' expectations. A positive earnings surprise typically reflects better-than-expected performance, potentially leading to stock appreciation. Conversely, a negative earnings surprise can result in stock depreciation. An earnings surprise of zero means the earnings met expectations, which typically has a neutral impact on stock price.
Discover detailed analyst recommendations for stocks, including categories such as Buy, Hold, Sell, Strong Buy, and Strong Sell. These insights are based on thorough analysis of financial and market factors. The consensus is calculated by assigning a numerical score to each recommendation. These scores are then weighted and averaged over a specified period to provide a comprehensive view of the stock's outlook, with the final score determining the overall consensus.
| 2023-12-31 | 2022-12-31 | Y/Y change % | |
|---|---|---|---|
| FY | |||
| calendar year | 2023 | 2022 | NaN |
| revenue per share | 2.98 | 2.86 | 4.30 |
| net income per share | 0.24 | 1.11 | -78.15 |
| operating cash flow per share | 0.56 | 0.34 | 62.55 |
| free cash flow per share | 0.5 | 0.32 | 56.35 |
| cash per share | 0.14 | 0.08 | 80.66 |
| book value per share | 3.32 | 2.63 | 26.28 |
| tangible book value per share | 2.6 | 1.52 | 70.45 |
| shareholders equity per share | 3.32 | 2.54 | 30.45 |
| interest debt per share | 1.25 | 2.25 | -44.35 |
| market cap | 2551124100 | 2824591650 | -9.68 |
| enterprise value | 2713118100 | 3054888650 | -11.19 |
| pe ratio | 63.82 | 22.13 | 188.33 |
| price to sales ratio | 5.22 | 8.64 | -39.61 |
| pocfratio | 27.74 | 71.59 | -61.25 |
| pfcf ratio | 31.35 | 77.81 | -59.71 |
| pb ratio | 4.68 | 9.69 | -51.71 |
| ptb ratio | 4.68 | 9.69 | -51.71 |
| ev to sales | 5.55 | 9.34 | -40.61 |
| enterprise value over ebitda | 30.29 | 16.87 | 79.53 |
| ev to operating cash flow | 29.5 | 77.43 | -61.89 |
| ev to free cash flow | 33.34 | 84.15 | -60.38 |
| earnings yield | 0.02 | 0.05 | -65.32 |
| free cash flow yield | 0.03 | 0.01 | 148.20 |
| debt to equity | 0.33 | 0.82 | -59.42 |
| debt to assets | 0.21 | 0.4 | -46.50 |
| net debt to ebitda | 1.81 | 1.27 | 42.19 |
| current ratio | 2.45 | 2.92 | -15.94 |
| interest coverage | 3.28 | 9.2 | -64.35 |
| income quality | 2.3 | 0.28 | 733.82 |
| dividend yield | 0 | 0 | NaN |
| payout ratio | 0 | 0 | NaN |
| sales general and administrative to revenue | 0.17 | 0.17 | -3.46 |
| research and ddevelopement to revenue | 0 | 0 | NaN |
| intangibles to total assets | 0.14 | 0.21 | -33.92 |
| capex to operating cash flow | 0.12 | 0.08 | 43.90 |
| capex to revenue | 0.02 | 0.01 | 124.26 |
| capex to depreciation | 1.0 | 0.3 | 234.75 |
| stock based compensation to revenue | 0.04 | 0.05 | -13.40 |
| graham number | 4.26 | 7.99 | -46.61 |
| roic | 0.08 | 0.3 | -72.07 |
| return on tangible assets | 0.06 | 0.27 | -79.77 |
| graham net net | -0.85 | -1.73 | 50.94 |
| working capital | 134556000 | 100918000 | 33.33 |
| tangible asset value | 426387000 | 174463000 | 144.40 |
| net current asset value | -71811000 | -140366000 | 48.84 |
| invested capital | 280872000 | 244314000 | 14.96 |
| average receivables | 107271000 | 56160000 | 91.01 |
| average payables | 11938500 | 14733000 | -18.97 |
| average inventory | 62829000 | 55611000 | 12.98 |
| days sales outstanding | 109.93 | 75.12 | 46.33 |
| days payables outstanding | 16.39 | 17.69 | -7.36 |
| days of inventory on hand | 60.11 | 135.93 | -55.78 |
| receivables turnover | 3.32 | 4.86 | -31.66 |
| payables turnover | 22.27 | 20.63 | 7.94 |
| inventory turnover | 6.07 | 2.69 | 126.13 |
| roe | 0.07 | 0.44 | -83.25 |
| capex per share | 0.06 | 0.03 | 133.91 |
ROE:
PE Ratio: Price-to-Earnings (P/E) Ratio increased to 63.82 on 2023-12-31 from 22.13 on 2022-12-31, representing a change of 188.33%. Indicating an increase in the relative valuation of the company's stock.
Debt-to-Equity Ratio: Debt-to-Equity Ratio decreased to 0.33 on 2023-12-31 from 0.82 on 2022-12-31, representing a change of -59.42%. The debt-to-equity ratio has been decreasing, indicating that the company has been relying less on debt financing. A ratio of 1 or below is often considered healthy and indicates that the company's total debt is equal to or less than its total equity.
Current Ratio: Current Ratio decreased to 2.45 on 2023-12-31 from 2.92 on 2022-12-31, representing a change of -15.94%. The current ratio has been declining, suggesting a decrease in the company's short-term liquidity. However, it is still above 1, indicating the ability to cover short-term obligations.
| 2024-09-30 Q3 | 2024-06-30 Q2 | Q/Q change % | |
|---|---|---|---|
| SHLS | |||
| calendar year | 2024 | 2024 | NaN |
| revenue per share | 0.61 | 0.58 | 4.58 |
| net income per share | 0.02 | 0.07 | -72.98 |
| operating cash flow per share | 0.09 | 0.22 | -57.85 |
| free cash flow per share | 0.08 | 0.21 | -62.23 |
| cash per share | 0.07 | 0.02 | 253.82 |
| book value per share | 3.26 | 3.2 | 1.71 |
| tangible book value per share | 2.58 | 2.53 | 2.19 |
| shareholders equity per share | 3.26 | 3.2 | 1.71 |
| interest debt per share | 0.87 | 0.88 | -1.78 |
| market cap | 938653980 | 1038645010 | -9.63 |
| enterprise value | 1069297980 | 1182206010 | -9.55 |
| pe ratio | 74.76 | 22.0 | 239.78 |
| price to sales ratio | 9.19 | 10.47 | -12.21 |
| pocfratio | 59.79 | 27.45 | 117.84 |
| pfcf ratio | 70.46 | 28.98 | 143.12 |
| pb ratio | 1.72 | 1.91 | -9.73 |
| ptb ratio | 1.72 | 1.91 | -9.73 |
| ev to sales | 10.47 | 11.91 | -12.13 |
| enterprise value over ebitda | 2339.82 | 54.33 | 4,206.74 |
| ev to operating cash flow | 68.11 | 31.24 | 118.02 |
| ev to free cash flow | 80.27 | 32.99 | 143.33 |
| earnings yield | 0.0 | 0.01 | -70.57 |
| free cash flow yield | 0.01 | 0.03 | -58.87 |
| debt to equity | 0.26 | 0.27 | -3.52 |
| debt to assets | 0.18 | 0.19 | -4.96 |
| net debt to ebitda | 285.87 | 6.6 | 4,233.07 |
| current ratio | 2.08 | 2.26 | -8.36 |
| interest coverage | 1.47 | 6.07 | -75.85 |
| income quality | -58.8 | 3.21 | -1,933.81 |
| dividend yield | 0 | 0 | NaN |
| payout ratio | 0 | 0 | NaN |
| sales general and administrative to revenue | 0.18 | 0.19 | -5.26 |
| research and ddevelopement to revenue | 0 | 0 | NaN |
| intangibles to total assets | 0.14 | 0.15 | -3.23 |
| capex to operating cash flow | 0.15 | 0.05 | 186.19 |
| capex to revenue | 0.02 | 0.02 | 15.34 |
| capex to depreciation | 0.75 | 0.63 | 19.79 |
| stock based compensation to revenue | 0.01 | 0.04 | -69.53 |
| graham number | 1.17 | 2.24 | -47.57 |
| roic | 0.01 | 0.02 | -29.57 |
| return on tangible assets | 0.0 | 0.02 | -73.97 |
| graham net net | -0.78 | -0.76 | -2.82 |
| working capital | 98856000 | 98993000 | -0.14 |
| tangible asset value | 432276000 | 429769000 | 0.58 |
| net current asset value | -65336000 | -66596000 | 1.89 |
| invested capital | 239831000 | 240742000 | -0.38 |
| average receivables | 109184500 | 118042500 | -7.50 |
| average payables | 19965000 | 15957500 | 25.11 |
| average inventory | 62930000 | 59785500 | 5.26 |
| days sales outstanding | 96.1 | 99.09 | -3.02 |
| days payables outstanding | 27.83 | 24.59 | 13.18 |
| days of inventory on hand | 77.18 | 91.15 | -15.32 |
| receivables turnover | 0.94 | 0.91 | 3.11 |
| payables turnover | 3.23 | 3.66 | -11.65 |
| inventory turnover | 1.17 | 0.99 | 18.09 |
| roe | 0.01 | 0.02 | -73.43 |
| capex per share | 0.01 | 0.01 | 20.63 |
ROE: Return on Equity (ROE) decreased to 0.01 on 2024-09-30 Q3 from 0.02 on 2024-06-30 Q2, representing a change of -73.43%. Suggesting that the company has not been generating high returns for its shareholders.
PE Ratio: Price-to-Earnings (P/E) Ratio increased to 74.76 on 2024-09-30 Q3 from 22.00 on 2024-06-30 Q2, representing a change of 239.78%. Indicating an increase in the relative valuation of the company's stock.
Debt-to-Equity Ratio: Debt-to-Equity Ratio decreased to 0.26 on 2024-09-30 Q3 from 0.27 on 2024-06-30 Q2, representing a change of -3.52%. The debt-to-equity ratio has been decreasing, indicating that the company has been relying less on debt financing. A ratio of 1 or below is often considered healthy and indicates that the company's total debt is equal to or less than its total equity.
Current Ratio: Current Ratio decreased to 2.08 on 2024-09-30 Q3 from 2.26 on 2024-06-30 Q2, representing a change of -8.36%. The current ratio has been declining, suggesting a decrease in the company's short-term liquidity. However, it is still above 1, indicating the ability to cover short-term obligations.
None
| Market Capitalization | Enterprise Value | |
|---|---|---|
| Definition | The total market value of a company's outstanding shares | The total market value of a company, including its debt and other liabilities |
| Calculation | Current share price * Total number of outstanding shares | Market capitalization + Total debt - Cash and cash equivalents |
| Focus | Equity component of a company's value | Total economic value of a company |
| Usefulness | Assesses a company's size and growth potential based on investor sentiment | Provides a more comprehensive valuation that considers both equity and debt |
Analyzing dividends is a crucial aspect of investment evaluation, offering valuable insights into a company's financial health and its commitment to shareholder returns. Dividends represent a portion of a company's profits distributed to its shareholders, providing a steady income stream. We help you analyze dividends based on the indicators mentioned below:
• Investors often assess the average dividend amount, observing trends over time to gauge the company's stability and growth potential. A positive trend in average dividends indicates a consistent and potentially lucrative investment. Additionally, evaluating the trend of dividend increases provides insight into the company's financial strength and management's confidence in future earnings.
• Consistency in paying dividends is a reassuring sign, reflecting a company's reliability and commitment to shareholder value. For investors, dividends not only offer income but also contribute to the overall total return on investment.
• Companies with a history of regular and increasing dividends can attract income-focused investors seeking stable returns, making dividends a critical factor in building a well-rounded investment portfolio.
Interested in the overall sentiment for a particular period? Check out our news sentiment analysis tool.
Sentiment: Positive
Publish Date: 2024-11-12 14:54:27
Shoals Technologies Group, Inc. (NASDAQ:SHLS ) Q3 2024 Earnings Conference Call November 12, 2024 8:00 AM ET Company Participants Matthew Tractenberg - Vice President of Finance and Investor Relations Brandon Moss - Chief Executive Officer Dominic Bardos - Chief Financial Officer Conference Call Participants Brian Lee - Goldman Sachs Mark Strouse - JPMorgan Philip Shen - ROTH Capital Partners Kashy Harrison - Piper Sandler Christine Cho - Barclays Jordan Levy - Truist Securities Andrew Percoco - Morgan Stanley Praneeth Satish - Wells Fargo Joseph Osha - Guggenheim Partners Colin Rusch - Oppenheimer Operator Hello and welcome to the Shoals Technologies Group, Inc. Third Quarter 2024 Earnings Call. My name is Alex and I'll be coordinating the call today.
Sentiment: Positive
Publish Date: 2024-11-12 09:21:12
Shoals Technologies Group (SHLS) came out with quarterly earnings of $0.08 per share, missing the Zacks Consensus Estimate of $0.10 per share. This compares to earnings of $0.20 per share a year ago.
Sentiment: Positive
Publish Date: 2024-11-12 07:00:00
– Secures Favorable Initial Ruling in ITC Case Against Voltage, LLC – – Quarterly Revenue of $102.2 million – – Gross Profit Percentage of 24.8% and Adjusted Gross Profit Percentage of 37.9% – – Net Loss of $0.3 million – – Adjusted EBITDA of $24.5 million – – Raises Midpoint of Full-Year Revenue Outlook – PORTLAND, Tenn., Nov. 12, 2024 (GLOBE NEWSWIRE) -- Shoals Technologies Group, Inc. (“Shoals” or the “Company”) (Nasdaq: SHLS), a leading provider of electrical balance of system (“EBOS”) solutions for the energy transition market, today announced results for its third quarter ended September 30, 2024.
Sentiment: Negative
Publish Date: 2024-11-05 07:25:00
NEW YORK, NY / ACCESSWIRE / November 5, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of Shoals Technologies Group, Inc. ("Shoals Technologies Group, Inc.") (NASDAQ:SHLS) concerning possible violations of federal securities laws. The investigation concerns whether Shoals and certain of its directors and/or officers failed to disclose to shareholders that: (i) certain of the Company's products used for solar power generation were not of the highest levels of quality and reliability as Shoals claimed; (ii) the Company received numerous reports of defects in wire harnesses it had installed in a number of solar fields; and (iii) it would cost Shoals millions of dollars to remediate the defects with its products.
Sentiment: Negative
Publish Date: 2024-11-04 07:25:00
NEW YORK, NY / ACCESSWIRE / November 4, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of Shoals Technologies Group, Inc. ("Shoals Technologies Group, Inc.") (NASDAQ:SHLS) concerning possible violations of federal securities laws. The investigation concerns whether Shoals and certain of its directors and/or officers failed to disclose to shareholders that: (i) certain of the Company's products used for solar power generation were not of the highest levels of quality and reliability as Shoals claimed; (ii) the Company received numerous reports of defects in wire harnesses it had installed in a number of solar fields; and (iii) it would cost Shoals millions of dollars to remediate the defects with its products.
Sentiment: Negative
Publish Date: 2024-11-01 07:30:00
NEW YORK, NY / ACCESSWIRE / November 1, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of Shoals Technologies Group, Inc. ("Shoals Technologies Group, Inc.") (NASDAQ:SHLS) concerning possible violations of federal securities laws. The investigation concerns whether Shoals and certain of its directors and/or officers failed to disclose to shareholders that: (i) certain of the Company's products used for solar power generation were not of the highest levels of quality and reliability as Shoals claimed; (ii) the Company received numerous reports of defects in wire harnesses it had installed in a number of solar fields; and (iii) it would cost Shoals millions of dollars to remediate the defects with its products.
Sentiment: Positive
Publish Date: 2024-10-31 16:15:00
PORTLAND, Tenn., Oct. 31, 2024 (GLOBE NEWSWIRE) -- Shoals Technologies Group, Inc. (“Shoals”), a global leader in electrical balance of system (“EBOS”) solutions for the energy transition market, announced today its participation in the following upcoming investor events:
Sentiment: Negative
Publish Date: 2024-10-31 07:30:00
NEW YORK, NY / ACCESSWIRE / October 31, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of Shoals Technologies Group, Inc. ("Shoals Technologies Group, Inc.") (NASDAQ:SHLS) concerning possible violations of federal securities laws. The investigation concerns whether Shoals and certain of its directors and/or officers failed to disclose to shareholders that: (i) certain of the Company's products used for solar power generation were not of the highest levels of quality and reliability as Shoals claimed; (ii) the Company received numerous reports of defects in wire harnesses it had installed in a number of solar fields; and (iii) it would cost Shoals millions of dollars to remediate the defects with its products.
Sentiment: Negative
Publish Date: 2024-10-30 07:25:00
NEW YORK, NY / ACCESSWIRE / October 30, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of Shoals Technologies Group, Inc. ("Shoals Technologies Group, Inc.") (NASDAQ:SHLS) concerning possible violations of federal securities laws. The investigation concerns whether Shoals and certain of its directors and/or officers failed to disclose to shareholders that: (i) certain of the Company's products used for solar power generation were not of the highest levels of quality and reliability as Shoals claimed; (ii) the Company received numerous reports of defects in wire harnesses it had installed in a number of solar fields; and (iii) it would cost Shoals millions of dollars to remediate the defects with its products.
Sentiment: Negative
Publish Date: 2024-10-28 08:35:00
NEW YORK, NY / ACCESSWIRE / October 28, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of Shoals Technologies Group, Inc. ("Shoals Technologies Group, Inc.") (NASDAQ:SHLS) concerning possible violations of federal securities laws. The investigation concerns whether Shoals and certain of its directors and/or officers failed to disclose to shareholders that: (i) certain of the Company's products used for solar power generation were not of the highest levels of quality and reliability as Shoals claimed; (ii) the Company received numerous reports of defects in wire harnesses it had installed in a number of solar fields; and (iii) it would cost Shoals millions of dollars to remediate the defects with its products.
Sentiment: Positive
Publish Date: 2024-10-25 07:00:00
WILMINGTON, DE / ACCESSWIRE / October 25, 2024 / Rigrodsky Law, P.A. is investigating potential claims against the officers and directors of Shoals Technologies Group, Inc. ("Shoals" or the "Company") (NASDAQ GM:SHLS) on behalf of stockholders.
Sentiment: Negative
Publish Date: 2024-10-22 13:45:00
NEW YORK, NY / ACCESSWIRE / October 22, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of Shoals Technologies Group, Inc. ("Shoals Technologies Group, Inc.") (NASDAQ:SHLS) concerning possible violations of federal securities laws. The investigation concerns whether Shoals and certain of its directors and/or officers failed to disclose to shareholders that: (i) certain of the Company's products used for solar power generation were not of the highest levels of quality and reliability as Shoals claimed; (ii) the Company received numerous reports of defects in wire harnesses it had installed in a number of solar fields; and (iii) it would cost Shoals millions of dollars to remediate the defects with its products.
Sentiment: Positive
Publish Date: 2024-10-17 17:00:00
WILMINGTON, DE / ACCESSWIRE / October 17, 2024 / Rigrodsky Law, P.A. is investigating potential claims against the officers and directors of Shoals Technologies Group, Inc. ("Shoals" or the "Company") (NASDAQ GM:SHLS) on behalf of stockholders.
Sentiment: Neutral
Publish Date: 2024-10-14 16:30:00
PORTLAND, Tenn., Oct. 14, 2024 (GLOBE NEWSWIRE) -- Shoals Technologies Group, Inc. (the “Company”) (Nasdaq: SHLS) today announced that the Company will release its third quarter 2024 results before market open on Tuesday, November 12, 2024, to be followed by a conference call at 8:00 a.m. (Eastern Time) on the same day.
Sentiment: Positive
Publish Date: 2024-09-30 08:00:00
PORTLAND, Tenn., Sept. 30, 2024 (GLOBE NEWSWIRE) -- Shoals Technologies Group, Inc. (“Shoals”), a global leader in electrical balance of system (“EBOS”) solutions for the energy transition market, announced today that it has further strengthened its executive team with two new additions to drive operational excellence.
Sentiment: Positive
Publish Date: 2024-09-05 14:47:00
PORTLAND, Tenn., Sept. 05, 2024 (GLOBE NEWSWIRE) -- Shoals Technologies Group, Inc. (“the Company”) (Nasdaq: SHLS), a global leader in electrical balance of system (EBOS) solutions for the energy transition market, announces financial highlights of its investor day, which was held today in Nashville, TN.
Sentiment: Negative
Publish Date: 2024-09-04 11:34:35
Shoals Technologies has faced significant challenges in 2024, including project delays, supply chain disruptions, and legal issues, leading to a substantial decline in its stock price. Operational disruptions and market headwinds such as permitting issues, labor shortages, and high financing costs have delayed installations and negatively impacted revenue growth. Legal and regulatory challenges have added to Shoals' woes, including a shareholder lawsuit over warranty expenses and ongoing intellectual property litigation.
Sentiment: Positive
Publish Date: 2024-09-03 06:50:00
Ruling Represents Big Win for U.S. Solar Manufacturing Industry and American Jobs Ruling Represents Big Win for U.S. Solar Manufacturing Industry and American Jobs
* The sentiment analysis presented is generated through an algorithm and may be subject to inaccuracies. Users are advised to corroborate key information and employ further analytical methods prior to making critical decisions.
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| Indicator | Bullish | Bearish |
|---|---|---|
| Price and EMA ⓘ | Price crosses above EMA | Price crosses below EMA |
| Short-Term vs Long-Term EMA ⓘ | Short EMA crosses above Long EMA | Short EMA crosses below Long EMA |
| Volume ⓘ | Increasing volume during price uptrend | Increasing volume during price downtrend |
| MACD ⓘ | MACD crosses above Signal Line | MACD crosses below Signal Line |
| RSI ⓘ | RSI is below 30 (oversold) and starts to rise above 30 | RSI is above 70 (overbought) and starts to decline below 70 |
| Candlestick Patterns ⓘ | Bullish candlestick patterns | Bearish candlestick patterns |
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