Working with TipRanks
Follow Us
Stocks
ETFs
Options
Commodities
Crypto
Currency
Pro Newsletters
Research Tools
Calendars
Economic Indicators
Calculators
Education
About Us
Working with TipRanks
Follow Us
First Solar (GB:0R06)
LSE:0R06
Holding GB:0R06?
Track your performance easily
0R06 Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$129.27 - $306.74
Previous Close$246.49
Volume2.78K
Average Volume (3M)6.12K
Market Cap
$26.20B
Enterprise Value$24.82B
Total Cash (Recent Filing)$1.94B
Total Debt (Recent Filing)$558.90M
Price to Earnings (P/E)―
Beta1.48
Next Earnings
Oct 29, 2024EPS Estimate
$3.19Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)N/A
Shares Outstanding107,046,913
10 Day Avg. Volume7,253
30 Day Avg. Volume6,119
Standard Deviation0.16
R-Squared0.04
Alpha0.03
Financial Highlights & Ratios
Price to Book (P/B)3.50
Price to Sales (P/S)6.96
Price to Cash Flow (P/CF)33.90
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue6.59
Enterprise Value/Gross Profit19.08
Enterprise Value/Ebitda17.41
Forecast
1Y Price Target
$290.30Price Target Upside19.66% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering24
First Solar News
Bulls Say, Bears Say
Bulls Say
Bookings And BacklogFSLR is sold-out through 2026 and approximately 70% of 2027, with expectations of minimal customer cancellations.
Demand DriversStrong demand for utility solar is driven by data center load growth, reshoring of manufacturing, cryptocurrency mining, and heating & cooling.
Revenue PerformanceFSLR's Q2 revenues of $1.0 billion beat consensus by around 8% and ROTHe by approximately 19% due to higher-than-expected volume and a termination payment from an EU customer.
Bears Say
Political UncertaintyManagement sounded cautious on the potential impact of election outcomes on demand and pricing.
Sales Performance2024 guidance remains unchanged, but sales are at the lower end of the guide due to a terminated contract.
Sector ShiftSome oil and gas and power and utility developers (particularly those based in Europe) are considering shifting to fossil projects from renewables to increase returns.
---
0R06 FAQ
What was First Solar’s price range in the past 12 months?
First Solar lowest share price was $129.27 and its highest was $306.74 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 33 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 $3.19.
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 down -2.879%.
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.
---
First Solar Stock Smart Score
Unlock Smart Score
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Strong Buy
Average Price Target:
$290.30 (19.66% Upside)
$290.30 (19.66% Upside)
Blogger Sentiment
Bullish
GB:0R06 Sentiment 93%
Sector Average 65%
Sector Average 65%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
50.64%
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.
---
0R06 Company Deck
---
0R06 Earnings Call
Q2 2024
0:00 / 0:00
---
0R06 Net sales Breakdown
99.34% Modules
0.66% Other
---
0R06 Stock 12 Month Forecast
Average Price Target
$290.30
▲(19.66% Upside)
Technical Analysis
First Solar
―
Sunrun
―
Enphase Energy
―
Canadian Solar
―
Sunnova Energy International
―
Best Analysts Covering 0R06
1 Year
1 Year Success Rate
13/14 ratings generated profit
1 Year Average Return
+52.83%
reiterated a buy rating 2 months ago
Copying Kashy Harrison's trades and holding each position for 1 Year would result in 92.86% of your transactions generating a profit, with an average return of +52.83% per trade.
---