Shoals Technologies Group Stock News

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Shoals Technologies Group, Inc. (NASDAQ:SHLS ) Q1 2022 Earnings Conference Call May 16, 2022 5:00 PM ET Company Participants Mehgan Peetz - General Counsel Jason Whitaker - Chief Executive Officer Kev

Premarket trading Friday had all three major U.S. indexes trading in the green. Six of the 11 S&P sectors closed higher on Thursday, led by communications services (up 1.1%).

– Appoints Interim Chief Financial Officer –

A bulked-up order backlog and optimistic revenue guidance make SHLS stock a worthy renewables play for risk-tolerant investors. The post Ride Solar Star Shoals Technologies Group to $35 appeared first

There is a lot to be optimistic about from Shoals' Q4 results.

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Good earnings and a strong outlook had investors bidding up this renewable energy stock today.

Gainers Marygold Companies (NYSE: MGLD ) jumped 189.4% to $6.28 after dropping 21% on Thursday. Altamira Therapeutics Ltd. (NASDAQ: CYTO ) shares rose 63.5% to $1.13. Altamira Therapeutics reported in vitro efficacy data for bentrio nasal spray in protecting against Sars-CoV-2 omicron variant. Excellon Resources Inc. (NYSE: EXN ) rose 40.7% to $1.38 after jumping around 13% on Thursday. Clearside Biomedical, Inc. (NASDAQ: CLSD ) rose 35.5% to $1.8301 after the company reported better-than-expected Q4 results. Alset EHome International Inc. (NASDAQ: AEI ) shares rose 31% to $ 0.4555 after dropping 7% on Thursday. Humanigen, Inc. (NASDAQ: HGEN ) jumped 22.7% to $3.44. Lazydays Holdings, Inc. (NASDAQ: LAZY ) gained 22% to $21.80 after the company reported Q4 earnings results. Blue Star Foods Corp. (NASDAQ: BSFC ) jumped 19.8% to $2.54. 4D pharma plc (NASDAQ: LBPS ) shares climbed 19.7% to $3.53. Paramount Gold Nevada Corp. (NYSE: PZG ) rose 19% to $0.9404 after jumping 14% on Thursday. Pearson plc (NYSE: PSO ) gained 19% to $10.35.

Good earnings and a strong outlook had investors bidding up this renewable energy stock today.

Shoals Technologies <> jumps to its highest in nearly two months despite reporting a Q4 loss while revenues rose 24% Y/Y to $48M, driven by a 29% increase in System Solution sales…

Upgrades According to B of A Securities, the prior rating for Sabra Health Care REIT Inc (NASDAQ: SBRA ) was changed from Underperform to Neutral. In the fourth quarter, Sabra Health Care REIT showed an EPS of $0.39, compared to $0.42 from the year-ago quarter. The current stock performance of Sabra Health Care REIT shows a 52-week-high of $19.02 and a 52-week-low of $12.31. Moreover, at the end of the last trading period, the closing price was at $13.87. CLSA upgraded the previous rating for Gaotu Techedu Inc (NYSE: GOTU ) from Sell to Underperform. For the fourth quarter, Gaotu Techedu had an EPS of $0.19, compared to year-ago quarter EPS of $0.39. The current stock performance of Gaotu Techedu shows a 52-week-high of $93.33 and a 52-week-low of $1.39. Moreover, at the end of the last trading period, the closing price was at $1.70. B of A Securities upgraded the previous rating for XPO Logistics Inc (NYSE: XPO ) from Neutral to Buy. In the fourth quarter, XPO Logistics showed an EPS of $1.34, compared to $1.19 from the year-ago quarter.

SHLS earnings call for the period ending December 31, 2021.