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FTC Solar (FTCI)
NASDAQ:FTCI
FTC Solar (FTCI) Stock Price & Analysis
212 Followers
FTCI Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$0.28 - $3.87
Previous Close$0.42
Volume422.69K
Average Volume (3M)735.14K
Market Cap
$52.08M
Enterprise Value$27.97M
Total Cash (Recent Filing)$25.23M
Total Debt (Recent Filing)$1.12M
Price to Earnings (P/E)-1.0
Beta1.92
Next Earnings
May 08, 2024EPS Estimate
-$0.09Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.43
Shares Outstanding125,613,644
10 Day Avg. Volume446,568
30 Day Avg. Volume735,137
Standard Deviation0.25
R-Squared0.11
Alpha-0.07
Financial Highlights & Ratios
Price to Book (P/B)0.90
Price to Sales (P/S)0.41
Price to Cash Flow (P/CF)-2.00
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue0.22
Enterprise Value/Gross Profit3.37
Enterprise Value/Ebitda-0.87
Forecast
1Y Price Target
$0.89Price Target Upside96.73% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering5
FTC Solar News
Bulls Say, Bears Say
Bulls Say
Corporate TransparencyIncreased transparency into the business is improving trust and visibility for investors.
Growth PotentialA committed backlog of $415 million and an addition of $50 million per month are promising indicators for future growth.
Operational EfficiencyThe management team has effectively reduced the EBITDA breakeven level, demonstrating improved operational efficiency.
Bears Say
Earnings GuidanceUpdated 1Q24 revenue guidance is below consensus expectations, indicating potential short-term challenges.
Financial OutlookManagement is guiding for lower than expected 1Q24 revenues and negative gross margins.
Price Target AdjustmentLowering price target to $1.50 due to adjustments to 2024 expectations.
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Ownership Overview
56.68% Insiders
4.47% Mutual Funds
4.35% Other Institutional Investors
34.50% 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 May 08, 2024 which is in 13 days.
How were FTC Solar’s earnings last quarter?
FTC Solar released its earnings results on Mar 13, 2024. The company reported -$0.08 earnings per share for the quarter, missing the consensus estimate of -$0.078 by -$0.002.
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 125,005,820 shares outstanding.
What happened to FTC Solar’s price movement after its last earnings report?
FTC Solar reported an EPS of -$0.08 in its last earnings report, missing expectations of -$0.078. Following the earnings report the stock price went down -6.383%.
Which hedge fund is a major shareholder of FTC Solar?
Among the largest hedge funds holding FTC Solar’s share is Graham Capital Management, L.P.. It holds FTC Solar’s shares valued at 83K.
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FTC Solar Stock Smart Score
Underperform
1
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5
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8
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10
Analyst Consensus
Moderate Buy
Average Price Target:
$0.89 (96.73% Upside)
$0.89 (96.73% Upside)
Blogger Sentiment
Neutral
FTCI Sentiment 50%
Sector Average 69%
Sector Average 69%
Hedge Fund Trend
Decreased
By 696.8K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Bought Shares
Worth $200.4K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.4%
Last 30 Days ▼ 10.3%
Last 30 Days ▼ 10.3%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-84.47%
12-Months-Change
Fundamentals
Return on Equity
-78.02%
Trailing 12-Months
Asset Growth
-8.43%
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 Earnings Call
Q4 2024
0:00 / 0:00
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FTCI Stock 12 Months Forecast
Average Price Target
$0.89
▲(96.73% Upside)
Technical Analysis
Best Analysts Covering FTCI
1 Year
1 Year Success Rate
5/8 ratings generated profit
1 Year Average Return
-11.63%
reiterated a sell rating 6 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 -11.63% per trade.
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