<div id="readability-page-1"><p>Shares of Shoals Technologies Group, Inc. (NASDAQ:SHLS - Get Free Report) have been given a consensus recommendation of &#34;Moderate Buy&#34; by the twenty-two brokerages that are presently  covering the company, MarketBeat Ratings reports. Two equities research analysts have rated the stock with a sell recommendation, seven have given a hold recommendation and thirteen have assigned  a buy recommendation to  the company. The average 12-month price objective among brokerages that have updated their coverage on the stock in the last year is $8.8421.</p><ul><li>Got Solar? How You Can Play The Industry's Value Chain Perfectly</li></ul><p>Several analysts have commented on SHLS shares. Barclays raised shares of Shoals Technologies Group from an &#34;equal weight&#34; rating to an &#34;overweight&#34; rating and increased their price target for the company from $7.00 to $10.00 in a research report on Thursday, October 2nd. Wells Fargo &amp; Company lifted their price target on shares of Shoals Technologies Group from $6.00 to $10.00 and gave the stock an &#34;equal weight&#34; rating in a report on Thursday, November 6th. Weiss Ratings  reiterated a &#34;hold (c)&#34; rating on shares of Shoals Technologies Group in a report on Tuesday, October 14th. JPMorgan Chase &amp; Co. raised their price objective on Shoals Technologies Group from $9.00 to $11.00 and gave the stock an &#34;overweight&#34; rating in a research report on Thursday, October 16th. Finally, Wall Street Zen cut Shoals Technologies Group from a &#34;strong-buy&#34; rating to a &#34;buy&#34; rating in a research note on Sunday, August 17th.</p><p><b>Check Out Our Latest Stock Analysis on SHLS</b></p><h2>Shoals Technologies Group Stock Performance</h2><ul><li>Generac Powers Up as Summer Temperatures Rise</li></ul><p>Shares of Shoals Technologies Group stock opened at $8.03 on Monday. The stock's fifty day moving average is $8.98 and its two-hundred day moving average is $6.88. The company has a market capitalization of $1.34 billion, a PE ratio of 40.15, a price-to-earnings-growth ratio of 1.00 and a beta of 1.71. The company has a quick ratio of 1.53, a current ratio of 2.19 and a debt-to-equity ratio of 0.21. Shoals Technologies Group has a 52 week low of $2.71 and a 52 week high of $11.36. </p><p>Shoals Technologies Group (NASDAQ:SHLS - Get Free Report) last issued its earnings results on Tuesday, November 4th. The company reported $0.12 EPS for the quarter, hitting analysts' consensus estimates of $0.12. The business had revenue of $135.80 million for the quarter, compared to analyst estimates of $131.37 million. Shoals Technologies Group had a net margin of 7.66% and a return on equity of 8.50%.  As a group, analysts expect that  Shoals Technologies Group will post 0.29 earnings per share for the current year. </p><h2>Insider Buying and Selling</h2><ul><li>MarketBeat Week in Review – 5/8 - 5/12</li></ul><p>In other Shoals Technologies Group news, CFO Dominic Bardos sold 4,170 shares of the business's stock in a transaction that occurred on Friday, December 5th. The shares were sold at an average price of $7.83, for a total transaction of $32,651.10. Following the sale, the chief financial officer owned 412,289 shares of the company's stock, valued at approximately $3,228,222.87. The trade was a 1.00% decrease in their position. The transaction was disclosed in a document filed with the Securities &amp; Exchange Commission, which is available at this link. 0.52% of the stock is owned by company insiders. </p><h2>Institutional Investors Weigh In On Shoals Technologies Group</h2><p>A number of large investors have recently made changes to their positions in SHLS. Nisa Investment Advisors LLC raised its stake in  Shoals Technologies Group by 449.1% in the 2nd quarter. Nisa Investment Advisors LLC now owns 7,226 shares of the company's stock worth $31,000 after acquiring an additional 5,910 shares during the last quarter.  Caitong International Asset Management Co. Ltd acquired a new stake in shares of  Shoals Technologies Group during the first quarter worth about $44,000.  Virtu Financial LLC purchased a new stake in  Shoals Technologies Group in the first quarter valued at approximately $46,000.  Savant Capital LLC acquired a new position in  Shoals Technologies Group in the 2nd quarter worth approximately $50,000.  Finally, FORA Capital LLC acquired a new stake in  Shoals Technologies Group during the 1st quarter valued at approximately $51,000. </p><h2>About Shoals Technologies Group</h2> (Get Free Report)<p>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.</p><h2>See Also</h2><ul><li>Five stocks we like better than Shoals Technologies Group</li><li>How to invest in marijuana stocks in 7 steps </li><li>Rubrik’s Massive Rebound: Why the Next Leg Higher Could Be Fast</li><li>Dividend Capture Strategy: What You Need to Know</li><li>Five Below and Dollar Tree Earnings Signal a Shopper Shift</li><li>How Investors Can Find the Best Cheap Dividend Stocks</li><li>Ulta’s Stock May Be Set for a Glow-Up—20% Upside Ahead?</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/RatingsChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9U0hMUw?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="600" height="385" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/RatingsChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9U0hMUw"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Shoals Technologies Group Right Now?</h2><p>Before you consider Shoals Technologies Group, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Shoals Technologies Group wasn't on the list.</p><p>While Shoals Technologies Group currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

SHLS

<p>Shoals Technologies Group, Inc. (NASDAQ:SHLS) has received a consensus "Moderate Buy" rating from 22 brokerages. Analysts have varied opinions, with 2 recommending sell, 7 hold, and 13 buy. The average 12-month price target is $8.8421. Barclays and JPMorgan have raised their price targets, while Wells Fargo maintains an equal weight rating. The stock opened at $8.03, with a market cap of $1.34 billion. Recent insider trading and institutional investments are noted.</p>

Shoals Technologies Group, Inc. (NASDAQ:SHLS) Given Consensus Rating of "Moderate Buy" by Brokerages