Assessing Shoals Technologies Gr: Insights From 13 Financial Analysts
Portfolio Pulse from Benzinga Insights
Shoals Technologies Gr (NASDAQ:SHLS) has received mixed analyst ratings over the past three months, with a notable decrease in the average 12-month price target by 26.04%. Analysts have adjusted their ratings and price targets, reflecting a negative shift in sentiment. Despite challenges in revenue growth, Shoals Technologies Gr maintains strong financial metrics such as net margin, ROE, and ROA.
September 04, 2024 | 9:00 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Shoals Technologies Gr has seen a negative shift in analyst sentiment, with a 26.04% decrease in the average price target. Despite this, the company maintains strong financial metrics, including a high net margin and ROE.
The decrease in the average price target by 26.04% and the lowering of ratings by several analysts indicate a negative short-term outlook for SHLS. However, the company's strong financial metrics, such as net margin and ROE, provide some positive aspects. The overall sentiment from analysts suggests a likely short-term decline in stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100