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First Solar (FSLR)
NASDAQ:FSLR
First Solar (FSLR) Stock Price & Analysis
4,538 Followers
FSLR Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$129.22 - $278.80
Previous Close$276.74
Volume8.77M
Average Volume (3M)2.51M
Market Cap
$29.62B
Enterprise Value$28.12B
Total Cash (Recent Filing)$2.01B
Total Debt (Recent Filing)$499.45M
Price to Earnings (P/E)29.0
Beta1.07
Next Earnings
Jul 25, 2024EPS Estimate
$2.77Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)9.54
Shares Outstanding107,041,420
10 Day Avg. Volume4,334,243
30 Day Avg. Volume2,511,846
Standard Deviation0.14
R-Squared0.25
Alpha0.01
Financial Highlights & Ratios
Price to Book (P/B)4.49
Price to Sales (P/S)11.31
Price to Cash Flow (P/CF)13.20
P/FCF Ratio33.60
Enterprise Value/Market CapN/A
Enterprise Value/Revenue8.89
Enterprise Value/Gross Profit402.47
Enterprise Value/Ebitda46.97
Forecast
1Y Price Target
$238.00Price Target Upside-14.00% Downside
Rating ConsensusStrong Buy
Number of Analyst Covering27
First Solar News
Bulls Say, Bears Say
Bulls Say
Financial PerformanceFSLR reported revenue and EPS beating estimates, indicating a strong financial performance.
Market PositionStrong demand from data centers and policy dynamics are expected to support higher ASPs, underpinning a favorable pricing environment.
Regulatory EnvironmentRecent policy developments and protectionist efforts in the US are seen as positive factors that will support FSLR's pricing power for new bookings.
Bears Say
Demand And Earnings DelayThe company experienced a decline in bookings, indicating potential challenges in demand.
Financial GuidanceManagement reduced 2024 net cash balance guide by $300m due to potential cash delays and accelerated capex.
Market CompetitionMarket flooded with Chinese panels, likely resulting in continued weak 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 $278.80 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 Jul 25, 2024 which is in 59 days.
How were First Solar’s earnings last quarter?
First Solar released its earnings results on May 01, 2024. The company reported $2.2 earnings per share for the quarter, beating the consensus estimate of $1.998 by $0.202.
Is First Solar overvalued?
According to Wall Street analysts First Solar’s price is currently Overvalued.
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 $2.77.
How many shares outstanding does First Solar have?
First Solar has 107,041,420 shares outstanding.
What happened to First Solar’s price movement after its last earnings report?
First Solar reported an EPS of $2.2 in its last earnings report, beating expectations of $1.998. Following the earnings report the stock price went up 1.65%.
Which hedge fund is a major shareholder of First Solar?
Among the largest hedge funds holding First Solar’s share is Lannebo Fonder AB. It holds First Solar’s shares valued at 11M.
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First Solar Stock Smart Score
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Strong Buy
Average Price Target:
$238.00 (-14.00% Downside)
$238.00 (-14.00% Downside)
Blogger Sentiment
Bullish
FSLR Sentiment 95%
Sector Average 68%
Sector Average 68%
Hedge Fund Trend
Increased
By 20.8K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $4.6M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▲ 3.7%
Last 30 Days ▲ 6.3%
Last 30 Days ▲ 6.3%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
39.38%
12-Months-Change
Fundamentals
Return on Equity
16.05%
Trailing 12-Months
Asset Growth
25.64%
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
Q1 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
$238.00
▼(-14.00% Downside)
Technical Analysis
Best Analysts Covering FSLR
1 Year
1 Year Success Rate
12/13 ratings generated profit
1 Year Average Return
+70.42%
assigned a buy rating 6 days ago
Copying Kashy Harrison's trades and holding each position for 1 Year would result in 92.31% of your transactions generating a profit, with an average return of +70.42% per trade.
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