Shoals Technologies (US:SHLS) ZACKSยท2025-08-28 17:00Company Overview - Shoals Technologies Group (SHLS) currently holds a Momentum Style Score of B, indicating a positive outlook based on its price change and earnings estimate revisions [2] - The company has a Zacks Rank of 2 (Buy), which suggests it is expected to outperform the market [3] Price Performance - Over the past week, SHLS shares have increased by 24.86%, significantly outperforming the Zacks Solar industry, which rose by 1.56% during the same period [5] - In a longer time frame, SHLS shares have risen by 32.65% over the past quarter and 26.21% over the last year, while the S&P 500 has only moved 9.72% and 16.49%, respectively [6] Trading Volume - The average 20-day trading volume for SHLS is 6,312,327 shares, which is considered a bullish sign as it indicates strong interest in the stock [7] Earnings Estimates - In the past two months, five earnings estimates for SHLS have been revised upwards, with no downward revisions, leading to an increase in the consensus estimate from $0.35 to $0.38 [9] - For the next fiscal year, five estimates have also moved upwards without any downward revisions [9] Conclusion - Considering the positive price momentum, strong trading volume, and favorable earnings outlook, SHLS is positioned as a solid momentum pick with a 2 (Buy) rating and a Momentum Score of B [11]