Shoals Technologies Group (SHLS)
(Delayed Data from NSDQ)
$6.13 USD
-0.14 (-2.23%)
Updated Sep 20, 2024 04:00 PM ET
After-Market: $6.14 +0.01 (0.16%) 7:58 PM ET
3-Hold of 5 3
B Value A Growth B Momentum A VGM
Shoals Technologies Group (SHLS) Price Targets
Average Price Target | Highest Price Target | Lowest Price Target | Upside to Average Price Target |
---|---|---|---|
$9.60 | $20.00 | $4.00 | 53.11% |
Price Target
Based on short-term price targets offered by 20 analysts, the average price target for Shoals Technologies Group comes to $9.60. The forecasts range from a low of $4.00 to a high of $20.00. The average price target represents an increase of 53.11% from the last closing price of $6.27.
Analyst Price Targets (20)
Broker Rating
Shoals Technologies Group currently has an average brokerage recommendation (ABR) of 2.05 on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell etc.) made by 20 brokerage firms. The current ABR compares to an ABR of 2.00 a month ago based on 19 recommendations.
Of the 20 recommendations deriving the current ABR, 11 are Strong Buy and one is Buy. Strong Buy and Buy respectively account for 55% and 5% of all recommendations. A month ago, Strong Buy made up 57.89%, while Buy represented 5.26%.
Broker Rating Breakdown
Brokerage Recommendations
Today | 1 Week Ago | 1 Month Ago | 2 Months Ago | 3 Months Ago | |
---|---|---|---|---|---|
Strong Buy | 11 | 11 | 11 | 11 | 13 |
Buy | 1 | 1 | 1 | 1 | 1 |
Hold | 6 | 6 | 5 | 4 | 4 |
Sell | 0 | 0 | 0 | 0 | 0 |
Strong Sell | 2 | 2 | 2 | 2 | 1 |
ABR | 2.05 | 2.05 | 2.00 | 1.94 | 1.68 |
1. Not Ident. Many of the brokerage firms who provide Zacks data ask that we keep their identity confidential.
2. In most cases the # of brokers listed above is less than the # of brokerage firms that have a recommendation on the stock. That is because some firms prohibit Zacks from displaying detailed information on their recommendations such as in the upgrade/downgrade table.
Analyst Upgrades/Downgrades
Date | Brokerage Firm | Analyst | Previous | Current |
---|---|---|---|---|
9/17/2024 | Cantor Fitzgerald & Co | Derek Soderberg | Strong Buy | Strong Buy |
9/4/2024 | Not Identified | Not Identified | Hold | Hold |
8/8/2024 | Northland Capital Markets | Donovan Schafer | Strong Sell | Strong Sell |
8/7/2024 | Exane BNP Paribas | Moses Sutton | Not Available | Hold |
8/7/2024 | Not Identified | Not Identified | Strong Buy | Strong Buy |
8/7/2024 | Roth Capital Partners | Philip L Shen | Hold | Hold |
8/7/2024 | Mizuho SecuritiesUSA | Maheep Mandloi | Strong Buy | Strong Buy |
7/21/2024 | Piper Sandler | Kashy O Harrison | Strong Buy | Strong Buy |
7/18/2024 | Not Identified | Not Identified | Hold | Hold |
7/18/2024 | UBS | Jon Windham | Strong Buy | Strong Buy |
7/8/2024 | Not Identified | Not Identified | Moderate Buy | Moderate Buy |
7/2/2024 | Not Identified | Not Identified | Strong Buy | Strong Sell |
6/12/2024 | Truist Securities | Jordan Levy | Strong Buy | Strong Buy |
5/6/2024 | Janney Montgomery Scott | Sean Milligan | Strong Buy | Strong Buy |
4/1/2024 | Cowen & Co. | Jeffrey D Osborne | Strong Buy | Strong Buy |
3/28/2024 | Guggenheim Securities | Joseph Osha | Strong Buy | Strong Buy |
3/26/2024 | Not Identified | Not Identified | Not Available | Hold |
3/1/2024 | Goldman Sachs | Brian K Lee | Strong Buy | Strong Buy |
1. Not Ident. Many of the brokerage firms who provide Zacks data ask that we keep their identity confidential.
2. In most cases the # of brokers listed above is less than the # of brokerage firms that have a recommendation on the stock. That is because some firms prohibit Zacks from displaying detailed information on their recommendations such as in the upgrade/downgrade table.
Average Brokerage Rating
Current ABR | 2.05 |
ABR (Last week) | 2.05 |
# of Recs in ABR | 20 |
Average Target Price | $9.60 |
LT Growth Rate | 24.00% |
Industry | Solar |
Industry Rank by ABR | 167 of 253 |
Current Quarter EPS Est: | 0.10 |
SHLS FAQs
Shoals Technologies Group, Inc. (SHLS) currently has an average brokerage recommendation (ABR) of 2.05 on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell etc.) made by 20 brokerage firms.
The average price target for Shoals Technologies Group, Inc. (SHLS) is $9.60. The current on short-term price targets is based on 9 reports.
The forecasts for Shoals Technologies Group, Inc. (SHLS) range from a low of $4 to a high of $20. The average price target represents a increase of $56.61 from the last closing price of $6.13.
The current UPSIDE for Shoals Technologies Group, Inc. (SHLS) is 56.61%
Based on short-term price targets offered by 20 analysts, the average price target for Shoals Technologies Group comes to $9.60. The forecasts range from a low of $4.00 to a high of $20.00. The average price target represents an increase of 53.11% from the last closing price of $6.27.