Shoals

Company Description

Shoals Technologies Group, Inc. is a provider of electrical balance of system (EBOS) solutions and components, including battery energy storage solutions (BESS) and original equipment manufacturer (OEM) components, for the global energy transition market. It encompasses all the components that are necessary to carry the electric current produced by solar panels to an inverter and ultimately to the power grid. It designs, manufactures and sells various products used by the solar and battery storage industries, including solar big lead assembly (BLA) solutions; homeruns, interconnection and extension solutions; combiners and re-combiners; load break disconnects and transition solutions; wireless performance monitoring; and BESS. Solar BLA solutions offers a range of plug-and-play cable and cabinet solutions that harness the power of solar energy. Load break disconnects and transition solutions provide solutions to reduce feeder sizes or disconnect systems for maintenance and shutdowns.

Analysis

ANALYSIS: With an Obermatt 360° View of 63 (better than 63% compared with alternatives), overall professional sentiment and financial characteristics for the stock Shoals are above average. The 360° View is based on consolidating four consolidated indicators, with all but one indicator above average for Shoals. The consolidated Value Rank has an attractive rank of 54, which means that the share price of Shoals is on the lower side compared with the typical size in indicators such as revenues, profits, and invested capital. This means the stock price is lower than for 54% of alternative stocks in the same industry. The consolidated Growth Rank has a good rank of 65, which means that the company experiences above-average growth momentum when looking at financial metrics such as revenue, profit, and invested capital growth, as well as stock returns. In addition, professional market sentiment is above average compared with other stock investment alternatives with a Sentiment Rank of 58. But the company’s financing is risky with a Safety rank of 34. This means 66% of comparable companies have a safer financing structure than Shoals. ...read more

Country

USA

Industry Electr. Components & Equipment

Size Small

Website shoals.com

Index

NASDAQ

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