Shoals Technologies Group (NASDAQ:SHLS) & SunHydrogen (OTCMKTS:HYSR) Head to Head Review

Shoals Technologies Group (NASDAQ:SHLS) and SunHydrogen (OTCMKTS:HYSR) are both energy companies, but which is the superior investment? We will contrast the two companies based on the strength of their profitability, dividends, valuation, analyst recommendations, earnings, risk and institutional ownership.

Profitability

This table compares Shoals Technologies Group and SunHydrogen’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Shoals Technologies Group	6.27%	10.03%	6.63%
SunHydrogen	N/A	N/A	N/A

Earnings & Valuation

This table compares Shoals Technologies Group and SunHydrogen”s gross revenue, earnings per share and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Shoals Technologies Group	$535.53 million	2.91	$33.57 million	$0.20	46.60
SunHydrogen	N/A	N/A	N/A	($0.02)	-1.41

Shoals Technologies Group has higher revenue and earnings than SunHydrogen. SunHydrogen is trading at a lower price-to-earnings ratio than Shoals Technologies Group, indicating that it is currently the more affordable of the two stocks.

Insider and Institutional Ownership

14.7% of SunHydrogen shares are held by institutional investors. 0.8% of Shoals Technologies Group shares are held by insiders. Comparatively, 8.2% of SunHydrogen shares are held by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company is poised for long-term growth.

Analyst Recommendations

This is a breakdown of current ratings and target prices for Shoals Technologies Group and SunHydrogen, as provided by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Shoals Technologies Group	1	6	10	0	2.53
SunHydrogen	0	0	0	0	0.00

Shoals Technologies Group presently has a consensus target price of $9.64, suggesting a potential upside of 3.46%. Given Shoals Technologies Group’s stronger consensus rating and higher probable upside, equities analysts plainly believe Shoals Technologies Group is more favorable than SunHydrogen.

Summary

Shoals Technologies Group beats SunHydrogen on 9 of the 11 factors compared between the two stocks.

About Shoals Technologies Group

Shoals Technologies Group, Inc. provides electrical balance of system (EBOS) solutions and components for solar, battery energy, and electric vehicle (EV) charging applications in the United States and internationally. The company designs, manufactures, and sells system solutions for both homerun and combine-as-you-go wiring architectures, as well as offers technical support services. It provides EBOS components, including combiners; plug-n-play branch connectors and inline fuses; AC disconnects; recombiners; wireless monitoring; junction boxes; wire management; EV power cabinets; and battery energy storage systems cabinets, as well as cable assemblies, transition enclosures, and splice boxes. In addition, the company offers eMobility solutions, such as a power center, which combines equipment needed to protect the charging equipment and transform voltage levels from the electric utility to those needed on the respective site; quick connect solutions for chargers to connect to the Shoals system; big lead assembly (BLA) technology in the EV space to connect multiple chargers to a single power center; and a raceway system that protects the above ground EV BLAs in walk over and drive over applications. Further, it provides Snapshot IV, a solar operations and maintenance solution that monitors the specific voltage and current of individual solar panels and compares the results against the manufacturer's projected performance. The company sells its products to engineering, procurement, and construction firms that build solar energy projects; utilities; solar developers, independent power producers; solar module manufacturers; and charge point operators. Shoals Technologies Group, Inc. was founded in 1996 and is headquartered in Portland, Tennessee.

About SunHydrogen

SunHydrogen, Inc. engages in the development and marketing of solar-powered nanoparticle systems that mimics photosynthesis to separate hydrogen from water. Its SunHydrogen panels used to produce renewable hydrogen to produce renewable electricity, fuel cells, and other applications. The company was formerly known as HyperSolar, Inc. and changed its name to SunHydrogen, Inc. in June 2020. SunHydrogen, Inc. was incorporated in 2009 and is based in Coralville, Iowa.