First Solar (FSLR) to Release Earnings on Tuesday

First Solar (NASDAQ:FSLR - Get Free Report) is anticipated to post its Q1 2025 quarterly earnings results after the market closes on Tuesday, April 29th. Analysts expect the company to announce earnings of $2.70 per share and revenue of $863.11 million for the quarter. First Solar has set its FY 2025 guidance at 17.000-20.000 EPS and its FY 2025 guidance at 17.000-20.000 EPS.

First Solar (NASDAQ:FSLR - Get Free Report) last posted its earnings results on Tuesday, February 25th. The solar cell manufacturer reported $3.65 earnings per share (EPS) for the quarter, missing the consensus estimate of $4.81 by ($1.16). The company had revenue of $1.51 billion for the quarter, compared to analyst estimates of $1.48 billion. First Solar had a return on equity of 17.56% and a net margin of 32.41%. On average, analysts expect First Solar to post $13 EPS for the current fiscal year and $20 EPS for the next fiscal year.

First Solar Trading Up 4.0 %

First Solar stock traded up $5.42 during midday trading on Friday, hitting $141.86. 2,698,287 shares of the stock were exchanged, compared to its average volume of 2,783,160. The stock has a market capitalization of $15.21 billion, a PE ratio of 12.22, a P/E/G ratio of 0.19 and a beta of 1.48. The company has a fifty day simple moving average of $133.46 and a two-hundred day simple moving average of $168.70. The company has a quick ratio of 1.44, a current ratio of 2.14 and a debt-to-equity ratio of 0.05. First Solar has a 52 week low of $116.56 and a 52 week high of $306.77.

Insider Activity at First Solar

In other news, CTO Markus Gloeckler sold 380 shares of the stock in a transaction on Monday, March 17th. The stock was sold at an average price of $133.75, for a total transaction of $50,825.00. Following the sale, the chief technology officer now directly owns 17,594 shares of the company's stock, valued at approximately $2,353,197.50. This represents a 2.11 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Kuntal Kumar Verma sold 7,475 shares of the stock in a transaction dated Friday, February 28th. The stock was sold at an average price of $136.60, for a total transaction of $1,021,085.00. Following the sale, the insider now owns 3,549 shares in the company, valued at $484,793.40. The trade was a 67.81 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 34,311 shares of company stock worth $4,767,158 in the last ninety days. 0.48% of the stock is owned by company insiders.

Analysts Set New Price Targets

A number of research firms recently commented on FSLR. Robert W. Baird lowered their price objective on shares of First Solar from $267.00 to $240.00 and set an "outperform" rating for the company in a research report on Tuesday, April 15th. Susquehanna lowered their price target on First Solar from $223.00 to $217.00 and set a "positive" rating for the company in a report on Monday, April 14th. Seaport Res Ptn upgraded First Solar from a "hold" rating to a "strong-buy" rating in a report on Wednesday, January 15th. Citigroup lowered their target price on First Solar from $254.00 to $236.00 and set a "neutral" rating for the company in a research note on Wednesday, February 26th. Finally, StockNews.com raised shares of First Solar from a "sell" rating to a "hold" rating in a research note on Thursday, January 2nd. Four analysts have rated the stock with a hold rating, twenty-three have given a buy rating and two have assigned a strong buy rating to the company's stock. According to MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average target price of $249.96.

First Solar Company Profile

First Solar, Inc, a solar technology company, provides photovoltaic (PV) solar energy solutions in the United States, France, Japan, Chile, and internationally. The company manufactures and sells PV solar modules with a thin film semiconductor technology that provides a lower-carbon alternative to conventional crystalline silicon PV solar modules.