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Surging Earnings Estimates Signal Upside for Shoals Technologies (SHLS) Stock
Shoals Technologies Shoals Technologies (US:SHLS) ZACKSยท2025-08-19 17:20

Core Viewpoint - Shoals Technologies Group (SHLS) shows a significant improvement in earnings outlook, making it an attractive investment option as analysts continue to raise their earnings estimates [1][3] Earnings Estimate Revisions - The upward trend in earnings estimate revisions reflects growing analyst optimism regarding the company's earnings prospects, which is expected to positively impact its stock price [2] - For the current quarter, Shoals Technologies is projected to earn $0.12 per share, indicating a year-over-year increase of +50.0%. Over the last 30 days, two estimates have been revised upward, leading to a 13.9% increase in the Zacks Consensus Estimate [6] - For the full year, the expected earnings per share is $0.38, representing a year-over-year change of +8.6%. In the past month, five estimates have been revised upward with no negative revisions, contributing to a positive consensus outlook [7] Zacks Rank and Performance - Shoals Technologies currently holds a Zacks Rank 2 (Buy), indicating strong agreement among analysts in revising earnings estimates upward, which historically correlates with stock performance [8] - Stocks with Zacks Rank 1 (Strong Buy) and 2 (Buy) have shown significant outperformance compared to the S&P 500, suggesting a favorable investment environment for Shoals Technologies [8] Recent Stock Performance - Over the past four weeks, Shoals Technologies shares have increased by 7.1%, indicating investor confidence in the company's earnings growth prospects [9]