Roth Capital Analysts Lower Earnings Estimates for SHLS

Shoals Technologies Group, Inc. (NASDAQ:SHLS) – Stock analysts at Roth Capital decreased their Q3 2025 EPS estimates for shares of Shoals Technologies Group in a note issued to investors on Tuesday, May 6th. Roth Capital analyst P. Shen now expects that the company will earn $0.09 per share for the quarter, down from their prior forecast of $0.10. The consensus estimate for Shoals Technologies Group’s current full-year earnings is $0.29 per share. Roth Capital also issued estimates for Shoals Technologies Group’s Q4 2025 earnings at $0.13 EPS, Q1 2026 earnings at $0.07 EPS, Q3 2026 earnings at $0.12 EPS and Q4 2026 earnings at $0.13 EPS.

Shoals Technologies Group (NASDAQ:SHLS) last released its quarterly earnings results on Tuesday, May 6th. The company reported $0.02 EPS for the quarter, missing analysts’ consensus estimates of $0.04 by ($0.02). The business had revenue of $80.36 million for the quarter, compared to the consensus estimate of $74.66 million. Shoals Technologies Group had a return on equity of 9.83% and a net margin of 7.78%. Shoals Technologies Group’s revenue was down 11.2% compared to the same quarter last year. During the same period in the prior year, the business posted $0.07 earnings per share.

SHLS has been the subject of several other research reports. Royal Bank of Canada decreased their price target on Shoals Technologies Group from $9.00 to $7.00 and set an “outperform” rating for the company in a research note on Wednesday, February 26th. Mizuho decreased their price objective on shares of Shoals Technologies Group from $7.00 to $6.00 and set an “outperform” rating for the company in a report on Friday, January 24th. JPMorgan Chase & Co. cut their price target on Shoals Technologies Group from $11.00 to $10.00 and set an “overweight” rating for the company in a report on Thursday, January 23rd. Truist Financial dropped their target price on shares of Shoals Technologies Group from $8.00 to $7.00 and set a “buy” rating for the company in a research report on Thursday, January 16th. Finally, Roth Mkm lowered their price objective on shares of Shoals Technologies Group from $5.00 to $4.50 and set a “neutral” rating for the company in a report on Wednesday, February 26th. Two equities research analysts have rated the stock with a sell rating, seven have given a hold rating and thirteen have given a buy rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $8.77.

Shoals Technologies Group Stock Up 5.2 %

Shares of SHLS opened at $5.07 on Friday. The stock has a market capitalization of $846.66 million, a price-to-earnings ratio of 25.35, a PEG ratio of 0.52 and a beta of 1.52. Shoals Technologies Group has a 52 week low of $2.71 and a 52 week high of $8.52. The company has a debt-to-equity ratio of 0.26, a quick ratio of 1.36 and a current ratio of 2.08. The stock has a fifty day moving average of $3.45 and a 200-day moving average of $4.38.

Institutional Investors Weigh In On Shoals Technologies Group

Hedge funds and other institutional investors have recently made changes to their positions in the business. CenterBook Partners LP purchased a new position in shares of Shoals Technologies Group in the first quarter valued at about $12,489,000. Norges Bank bought a new position in Shoals Technologies Group during the 4th quarter worth about $12,472,000. Impax Asset Management Group plc lifted its stake in shares of Shoals Technologies Group by 126.3% during the 4th quarter. Impax Asset Management Group plc now owns 3,469,360 shares of the company’s stock worth $19,083,000 after purchasing an additional 1,935,983 shares during the last quarter. Pacer Advisors Inc. purchased a new stake in Shoals Technologies Group during the first quarter valued at approximately $5,350,000. Finally, Goodlander Investment Management LLC purchased a new position in Shoals Technologies Group during the 4th quarter worth $8,295,000.

Insider Transactions at Shoals Technologies Group

In related news, CEO Brandon Moss sold 21,700 shares of the firm’s stock in a transaction that occurred on Wednesday, March 5th. The shares were sold at an average price of $3.07, for a total value of $66,619.00. Following the sale, the chief executive officer now owns 1,051,303 shares in the company, valued at approximately $3,227,500.21. This trade represents a 2.02 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Over the last three months, insiders have sold 40,575 shares of company stock valued at $123,957. Insiders own 1.67% of the company’s stock.

Shoals Technologies Group Company Profile

Shoals Technologies Group, Inc provides electrical balance of system (EBOS) solutions and components for solar, battery energy, and electric vehicle (EV) charging applications in the United States and internationally. The company designs, manufactures, and sells system solutions for both homerun and combine-as-you-go wiring architectures, as well as offers technical support services.