Shoals Technologies Stock Target Price and Analyst Consensus

SHLS Stock  USD 5.22  0.04  0.76%   
The current analyst and expert consensus on Shoals Technologies is Buy with 9 hold recommendations. The current projected Shoals Technologies target price consensus is 29.19 with 22 analyst opinions. One of the most common ways Shoals Technologies analysts use to provide buy-or-sell recommendation to the public are conference calls analysis and financial statements evaluations. Some experts can also talk to Shoals Technologies vendors, executives, and/or customers. Shoals Technologies recommendation module provides expert sentiment on the projected Shoals Technologies target price to derive its highest and lowest estimates based on target price standard deviation of 4.7289.
Lowest Forecast
26.56
Highest Forecast
32.4
Target Price
29.19
At this time, Shoals Technologies' Pretax Profit Margin is comparatively stable compared to the past year. Operating Profit Margin is likely to gain to 0.18 in 2024, whereas Gross Profit is likely to drop slightly above 95.6 M in 2024. At this time, Shoals Technologies' Net Receivables is comparatively stable compared to the past year. Non Current Liabilities Total is likely to gain to about 230 M in 2024, whereas Property Plant And Equipment Net is likely to drop slightly above 17.3 M in 2024.
  
It's important to approach Shoals Technologies' target price projections with caution. While they can be useful as part of a broader investment strategy, they are inherently speculative and subject to various kinds of risk, including market volatility and unforeseen external factors. Always consider multiple aspects and do your own research when making investment decisions.
Analysts determine stock price targets through various methods, including financial modeling, peer comparison, and company analysis. The stock price target is the analyst's best estimate of the future price of a stock and is used by investors to make investment decisions. However, it is important to note that stock price targets are not guaranteed, and the actual price of a stock can differ significantly from the target due to various factors such as market conditions, economic events, and company developments.

Steps to utilize Shoals Technologies price targets

Shoals Technologies' stock target price is an estimate of its future price, usually made by analysts. Using Shoals Technologies' target price to determine if it is a suitable investment can be done through the following steps:
  • Look at Shoals Technologies' target prices provided by various analysts and compare them. This can help you gain a more balanced view of the Stock's potential.
  • Look at the analyst's track record to determine if they have a history of accurately predicting stock prices.
  • Look at the Company's financials, including revenue, earnings, and debt, to determine if it is in good financial health.
  • Consider market conditions. For example, take into account the state of the economy, competition, and regulatory environment, to determine if Shoals Technologies' stock is likely to perform well.
  • Diversify your portfolio and do not rely solely on stock target prices to make investment decisions. Invest in a mix of stocks, bonds, and other assets to manage risk.
Remember that stock target prices are just estimates and are subject to change. Therefore, using them as one factor in a larger investment strategy is essential rather than relying solely on them to make decisions.

Additional Shoals Technologies Value Projection Modules

Most investment researchers agree that the mispricing and readjustment of any Stock value happens often and is sometimes even predictable, but there is no strong theory explaining why it happens. The current price of Shoals Technologies is a key component of Shoals Technologies valuation and have some predictive power on the future returns of a Shoals Technologies.
Hype
Prediction
LowEstimatedHigh
0.565.2910.02
Details
Intrinsic
Valuation
LowRealHigh
4.7311.0415.77
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.090.090.1
Details

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Additional Tools for Shoals Stock Analysis

When running Shoals Technologies' price analysis, check to measure Shoals Technologies' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Shoals Technologies is operating at the current time. Most of Shoals Technologies' value examination focuses on studying past and present price action to predict the probability of Shoals Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Shoals Technologies' price. Additionally, you may evaluate how the addition of Shoals Technologies to your portfolios can decrease your overall portfolio volatility.