FTC Solar, Inc. (NASDAQ:FTCI - Free Report) - Equities researchers at Roth Capital issued their Q1 2027 earnings per share estimates for shares of FTC Solar in a research report issued on Tuesday, August 5th. Roth Capital analyst P. Shen forecasts that the company will earn ($0.48) per share for the quarter. The consensus estimate for FTC Solar's current full-year earnings is ($3.98) per share. Roth Capital also issued estimates for FTC Solar's Q2 2027 earnings at ($0.43) EPS.
Separately, Roth Mkm increased their target price on FTC Solar from $3.00 to $3.50 and gave the stock a "neutral" rating in a research note on Friday, May 2nd.
View Our Latest Research Report on FTCI
FTC Solar Trading Down 4.2%
Shares of NASDAQ FTCI traded down $0.22 during mid-day trading on Friday, reaching $4.87. 39,664 shares of the company's stock were exchanged, compared to its average volume of 99,896. The company's 50-day moving average is $4.85 and its 200-day moving average is $3.77. FTC Solar has a 52-week low of $2.02 and a 52-week high of $7.40. The company has a debt-to-equity ratio of 1.20, a quick ratio of 1.26 and a current ratio of 1.16. The firm has a market capitalization of $72.35 million, a price-to-earnings ratio of -1.24 and a beta of 1.40.
Institutional Investors Weigh In On FTC Solar
A hedge fund recently raised its stake in FTC Solar stock. Goldman Sachs Group Inc. increased its position in shares of FTC Solar, Inc. (NASDAQ:FTCI - Free Report) by 81.3% during the first quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 30,581 shares of the company's stock after buying an additional 13,715 shares during the quarter. Goldman Sachs Group Inc. owned about 0.23% of FTC Solar worth $88,000 as of its most recent SEC filing. Hedge funds and other institutional investors own 45.36% of the company's stock.
About FTC Solar
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FTC Solar, Inc engages in the provision of solar tracker systems, software, and engineering services in the United States, Asia, Europe, the Middle East, North Africa, South Africa, and Australia. The company offers a self-powered, two-panel in-portrait, and single-axis tracker solution under the Voyager brand name; and a one module-in-portrait solar tracker solution under the Pioneer brand name.
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