Shoals Technologies Group Inc Ordinary Shares - Class A
SHLS: XNAS (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$4.00 | Qmg | Jcybvtnvq |
Shoals Announces CEO Succession Plan, Stock Offering; Shares Fall
We maintain our $20 fair value estimate for Shoals following news of its CEO succession plan and the launch of a 20 million-share offering. We continue to view shares as overvalued despite the share price drop.