Form 8-K Shoals Technologies Grou For: May 07
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Go back to Form 8-K Shoals Technologies Grou For: May 07
May 8, 2024 8:05 AM EDT
Northland analyst Donovan Schafer downgraded Shoals Technologies Group (NASDAQ: SHLS) from Market Perform to Underperform with a price target of $6.00 (from $12.00).
The analyst comments "SHLS delivered a Q1 miss, weak Q2 guide, and lowered 2024 guidance. Project delays continued to impact financials, and... More
May 8, 2024 6:41 AM EDT
Cantor Fitzgerald analyst Derek Soderberg lowered the price target on Shoals Technologies Group (NASDAQ: SHLS) to $14.00 (from $24.00) while maintaining a Overweight rating.
The analyst comments "Project delays and higher interest rates continue to impact SHLS, leading to another disappointing 2024 revenue guide that was ~7%... More
May 8, 2024 6:31 AM EDT
RBC Capital analyst Chris Dendrinos lowered the price target on Shoals Technologies Group (NASDAQ: SHLS) to $15.00 (from $17.00) while maintaining a Outperform rating.
The analyst comments "1Q24 results disappointed on continued project delays, resulting in the company lowering its full-year guide and a... More
May 7, 2024 4:50 PM EDT
Shoals Technologies Group, Inc. (NASDAQ: SHLS) reported Q1 EPS of $0.03, $0.03 worse than the analyst estimate of $0.06. Revenue for the quarter came in at $90.8 million versus the consensus estimate of $97.35 million.
GUIDANCE:
Shoals Technologies Group, Inc. sees FY2024 revenue of $440-490... More
