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First Solar (FSLR)
NASDAQ:FSLR
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FSLR Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$129.22 - $306.77
Previous Close$231.07
Volume1.27M
Average Volume (3M)2.71M
Market Cap
$24.73B
Enterprise Value$23.35B
Total Cash (Recent Filing)$1.94B
Total Debt (Recent Filing)$558.90M
Price to Earnings (P/E)20.6
Beta0.71
Next Earnings
Oct 29, 2024EPS Estimate
$3.32Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)11.20
Shares Outstanding107,046,913
10 Day Avg. Volume1,423,611
30 Day Avg. Volume2,711,659
Standard Deviation0.16
R-Squared0.22
Alpha0.02
Financial Highlights & Ratios
Price to Book (P/B)3.26
Price to Sales (P/S)6.21
Price to Cash Flow (P/CF)30.30
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue6.20
Enterprise Value/Gross Profit17.95
Enterprise Value/Ebitda16.39
Forecast
1Y Price Target
$290.00Price Target Upside25.51% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering25
First Solar News
PremiumStock Analysis & Ideas
First Solar (FSLR) Is Outpacing the Market and Trades at Compelling Multiples
PremiumStock Analysis & Ideas
CDNS, DDOG, FSLR: Which Strong Buy-Rated Tech Stock’s a Better Buy?
Bulls Say, Bears Say
Bulls Say
Financial PerformanceGAAP EPS of $3.25 beat consensus by ~21% and ROTHe by ~31%.
Market PositionThe combination of robust backlog and status as a domestic manufacturer set up a compelling way to play the rise in trade tension between the US and China.
Technology And InnovationFSLR established a new world record CadTel research cell with a conversion efficiency of 23.1% and commissioned its new R&D infrastructure in Ohio.
Bears Say
Contract Termination2024 guidance remains unchanged, but sales are at the lower end of the guide due to a terminated contract.
Market ShiftsIn Europe, large oil & gas majors are shifting capital to fossil fuel projects and away from renewables due to low returns.
Political UncertaintyManagement sounded cautious on the potential impact of election outcomes on demand and pricing.
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Risk Analysis
Main Risk Category
Legal & RegulatoryLitigation, compliance, new legislation, and taxation risks
FSLR FAQ
What was First Solar’s price range in the past 12 months?
First Solar lowest stock price was $129.22 and its highest was $306.77 in the past 12 months.
What is First Solar’s market cap?
Currently, no data Available
When is First Solar’s upcoming earnings report date?
First Solar’s upcoming earnings report date is Oct 29, 2024 which is in 66 days.
How were First Solar’s earnings last quarter?
First Solar released its earnings results on Jul 30, 2024. The company reported $3.25 earnings per share for the quarter, beating the consensus estimate of $2.704 by $0.546.
Is First Solar overvalued?
According to Wall Street analysts First Solar’s price is currently Undervalued.
Does First Solar pay dividends?
First Solar does not currently pay dividends.
What is First Solar’s EPS estimate?
First Solar’s EPS estimate is $3.32.
How many shares outstanding does First Solar have?
First Solar has 107,046,910 shares outstanding.
What happened to First Solar’s price movement after its last earnings report?
First Solar reported an EPS of $3.25 in its last earnings report, beating expectations of $2.704. Following the earnings report the stock price went up 2.418%.
Which hedge fund is a major shareholder of First Solar?
Among the largest hedge funds holding First Solar’s share is Egerton Capital (UK) LLP. It holds First Solar’s shares valued at 160M.
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First Solar Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Strong Buy
Average Price Target:
$290.00 (25.51% Upside)
$290.00 (25.51% Upside)
Blogger Sentiment
Bullish
FSLR Sentiment 92%
Sector Average 67%
Sector Average 67%
Hedge Fund Trend
Increased
By 808.7K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $1.1M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Negative
Last 7 Days >0.1%
Last 30 Days ▼ 0.6%
Last 30 Days ▼ 0.6%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
27.95%
12-Months-Change
Fundamentals
Return on Equity
18.11%
Trailing 12-Months
Asset Growth
22.42%
Trailing 12-Months
Company Description
First Solar
First Solar, Inc. engages in designing, manufacturing, marketing, and distribution of photovoltaic solar power systems and solar modules. It operates through the Modules and Systems segments. The Modules segment involves in the design, manufacture, and sale of cadmium telluride solar modules, which convert sunlight into electricity. The Systems segment offers development, construction, operation, and maintenance of photovoltaic solar power systems. The company was founded by Michael J. Ahearn in 1999 and is headquartered in Tempe, AZ.
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FSLR Company Deck
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FSLR Earnings Call
Q2 2024
0:00 / 0:00
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FSLR Net sales Breakdown
99.34% Modules
0.66% Other
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FSLR Stock 12 Month Forecast
Average Price Target
$290.00
▲(25.51% Upside)
Technical Analysis
Best Analysts Covering FSLR
1 Year
1 Year Success Rate
12/14 ratings generated profit
1 Year Average Return
+45.56%
reiterated a buy rating 25 days ago
Copying Kashy Harrison's trades and holding each position for 1 Year would result in 85.71% of your transactions generating a profit, with an average return of +45.56% per trade.
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