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FTC Solar (FTCI)
NASDAQ:FTCI
FTC Solar (FTCI) Stock Price & Analysis
229 Followers
FTCI Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$0.28 - $3.87
Previous Close$0.42
Volume278.55K
Average Volume (3M)679.51K
Market Cap
$52.28M
Enterprise Value$39.17M
Total Cash (Recent Filing)$14.04M
Total Debt (Recent Filing)$934.00K
Price to Earnings (P/E)―
Beta2.38
Next Earnings
Aug 07, 2024EPS Estimate
-$0.09Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.39
Shares Outstanding125,979,165
10 Day Avg. Volume465,357
30 Day Avg. Volume679,508
Standard Deviation0.24
R-Squared0.12
Alpha-0.07
Financial Highlights & Ratios
Price to Book (P/B)1.17
Price to Sales (P/S)0.44
Price to Cash Flow (P/CF)-1.20
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue0.40
Enterprise Value/Gross Profit4.72
Enterprise Value/Ebitda-1.34
Forecast
1Y Price Target
$0.68Price Target Upside61.44% Upside
Rating ConsensusHold
Number of Analyst Covering5
FTC Solar News
Bulls Say, Bears Say
Bulls Say
Customer And Service ImprovementManagement's focus on improving customer service, sales, and engineering could be an important catalyst for the stock.
Operational EfficiencyThe management team has effectively reduced the EBITDA breakeven level, demonstrating improved operational efficiency.
Revenue GrowthThe company has a backlog of $1.8B, showing potential for future revenue growth.
Bears Say
EarningsRevenues of $12.6M compared to $40.9M in 1Q23, a 69% YoY decline
Financial PerformanceManagement is guiding for lower than expected 1Q24 revenues and negative gross margins
GuidanceUpdated 1Q24 revenue guidance is below consensus expectations, indicating potential short-term challenges
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Ownership Overview
56.78% Insiders
4.77% Mutual Funds
2.70% Other Institutional Investors
35.75% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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FTCI FAQ
What was FTC Solar’s price range in the past 12 months?
FTC Solar lowest stock price was $0.28 and its highest was $3.87 in the past 12 months.
What is FTC Solar’s market cap?
Currently, no data Available
When is FTC Solar’s upcoming earnings report date?
FTC Solar’s upcoming earnings report date is Aug 07, 2024 which is in 20 days.
How were FTC Solar’s earnings last quarter?
FTC Solar released its earnings results on May 10, 2024. The company reported -$0.09 earnings per share for the quarter, the consensus estimate of -$0.09 by $0.
Is FTC Solar overvalued?
According to Wall Street analysts FTC Solar’s price is currently Undervalued.
Does FTC Solar pay dividends?
FTC Solar does not currently pay dividends.
What is FTC Solar’s EPS estimate?
FTC Solar’s EPS estimate is -$0.09.
How many shares outstanding does FTC Solar have?
FTC Solar has 125,979,164 shares outstanding.
What happened to FTC Solar’s price movement after its last earnings report?
FTC Solar reported an EPS of -$0.09 in its last earnings report, expectations of -$0.09. Following the earnings report the stock price went down -16.364%.
Which hedge fund is a major shareholder of FTC Solar?
Among the largest hedge funds holding FTC Solar’s share is Cavalry Management Group, Llc. It holds FTC Solar’s shares valued at 82K.
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FTC Solar Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Hold
Average Price Target:
$0.68 (61.44% Upside)
$0.68 (61.44% Upside)
Blogger Sentiment
Neutral
FTCI Sentiment 100%
Sector Average 70%
Sector Average 70%
Hedge Fund Trend
Increased
By 7.3K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Bought Shares
Worth $99.1K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.7%
Last 30 Days ▼ 6.8%
Last 30 Days ▼ 6.8%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-86.74%
12-Months-Change
Fundamentals
Return on Equity
-76.66%
Trailing 12-Months
Asset Growth
-17.27%
Trailing 12-Months
Company Description
FTC Solar
FTC Solar Inc is a global provider of advanced solar tracker systems, supported by proprietary software and value-added engineering services. It focuses on providing differentiated products, software and services that maximize energy generation and cost savings for customers, and to help facilitate the continued growth and adoption of solar power globally.
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FTCI Company Deck
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FTCI Earnings Call
Q1 2024
0:00 / 0:00
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FTCI Stock 12 Month Forecast
Average Price Target
$0.68
▲(61.44% Upside)
Technical Analysis
Best Analysts Covering FTCI
1 Year
1 Year Success Rate
5/8 ratings generated profit
1 Year Average Return
-11.85%
reiterated a sell rating 8 months ago
Copying Julien Dumoulin Smith's trades and holding each position for 1 Year would result in 62.50% of your transactions generating a profit, with an average return of -11.85% per trade.
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