From a technical perspective, Shoals Technologies Group (SHLS) is looking like an interesting pick, as it just reached a key level of support. SHLS recently overtook the 20-day moving average, and this suggests a short-term bullish trend.
Shoals Technologies Group (SHLS) reached a significant support level, and could be a good pick for investors from a technical perspective. Recently, SHLS broke through the 50-day moving average, which suggests a short-term bullish trend.
Welcome to the Green Stock News brief for Tuesday August 19th. Here are today's top headlines: Shoals Technologies (NASDAQ: SHLS) has broken ground on the Maryvale Solar and Energy Storage Project in New South Wales, one of Australia's largest DC-coupled solar and battery systems.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Shoals Technologies Group, Inc. (NASDAQ:SHLS ) Q2 2025 Earnings Conference Call August 5, 2025 8:00 AM ET Company Participants Brandon Moss - Director & CEO Dominic Bardos - CFO & Principal Accounting Officer Matthew Tractenberg - Vice President of Finance & Investor Relations Conference Call Participants Brian K. Lee - Goldman Sachs Group, Inc., Research Division Colin William Rusch - Oppenheimer & Co. Inc., Research Division Dimple Gosai - BofA Securities, Research Division Dylan Nassano - Unidentified Company Jonathan Mark Windham - UBS Investment Bank, Research Division Julien Patrick Dumoulin-Smith - Jefferies LLC, Research Division Maheep Mandloi - Mizuho Securities USA LLC, Research Division Philip Shen - ROTH Capital Partners, LLC, Research Division Operator Good morning, and welcome to the Shoals Technologies Group Second Quarter 2025 Earnings Conference Call.
Shoals Technologies Group (SHLS) came out with quarterly earnings of $0.1 per share, beating the Zacks Consensus Estimate of $0.08 per share. This compares to earnings of $0.1 per share a year ago.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Shoals Technologies (SHLS) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
After reaching an important support level, Shoals Technologies Group (SHLS) could be a good stock pick from a technical perspective. SHLS surpassed resistance at the 20-day moving average, suggesting a short-term bullish trend.
Shoals Technologies offers patented plug-and-play solutions that cut labor costs and streamline solar farm construction, supporting a strong industry value proposition. Despite a -76% stock decline since IPO, Shoals has grown revenue and cash flow, with a healthy $645M backlog and improved debt metrics. Margins have compressed, and valuation is now more reasonable, but not significantly cheaper than peers; sector-wide headwinds persist due to high interest rates.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
After reaching an important support level, Shoals Technologies Group, Inc. (SHLS) could be a good stock pick from a technical perspective. SHLS recently experienced a "golden cross" event, which saw its 50-day simple moving average breaking out above its 200-day simple moving average.