First Solar, Inc. provides photovoltaic solar energy solutions in the United States and internationally. It operates through two segments, Components and Systems. The Components segment designs, manufactures, and sells cadmium telluride solar modules that convert sunlight into electricity. This segment offers its products to integrators and operators. The Systems segment provides turn-key photovoltaic solar power systems or solar solutions, such as project development; engineering, procurement, and construction; and operating and maintenance services to utilities, independent power producers, commercial and industrial companies, and other system owners. The company was formerly known as First Solar Holdings, Inc. and changed its name to First Solar, Inc. in 2006. First Solar, Inc. was founded in 1999 and is headquartered in Tempe, Arizona.
Industry, Sector and Symbol
Industry Semiconductors & related devices
Sub-IndustrySemiconductors
SectorOils/Energy
Phone602-414-9300
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$2.94 billion
Profitability
Miscellaneous
Employees4,100
Next Earnings Date2/21/2019 (Confirmed)
OptionableOptionable
First Solar (NASDAQ:FSLR) Frequently Asked Questions
What is First Solar's stock symbol?
First Solar trades on the NASDAQ under the ticker symbol "FSLR."
How were First Solar's earnings last quarter?
First Solar, Inc. (NASDAQ:FSLR) issued its earnings results on Thursday, October, 25th. The solar cell manufacturer reported $0.54 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $0.45 by $0.09. The solar cell manufacturer had revenue of $676.22 million for the quarter, compared to analysts' expectations of $683.93 million. First Solar had a positive return on equity of 1.29% and a negative net margin of 17.98%. View First Solar's Earnings History.
When is First Solar's next earnings date?
What guidance has First Solar issued on next quarter's earnings?
First Solar updated its FY 2019 earnings guidance on Thursday, February, 21st. The company provided earnings per share (EPS) guidance of $2.25-2.75 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $2.56. The company issued revenue guidance of $3.25-3.45 billion, compared to the consensus revenue estimate of $3.27 billion.
What price target have analysts set for FSLR?
18 Wall Street analysts have issued 1-year price objectives for First Solar's shares. Their predictions range from $42.00 to $84.00. On average, they expect First Solar's share price to reach $64.3125 in the next year. This suggests a possible upside of 23.8% from the stock's current price. View Analyst Price Targets for First Solar.
What is the consensus analysts' recommendation for First Solar?
18 Wall Street analysts have issued "buy," "hold," and "sell" ratings for First Solar in the last year. There are currently 5 hold ratings and 13 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for First Solar.
What are Wall Street analysts saying about First Solar stock?
Here are some recent quotes from research analysts about First Solar stock:
- 1. According to Zacks Investment Research, "First Solar ended third quarter of 2018 on a mixed note. While the company’s earnings surpassed the Zacks Consensus Estimate, revenues missed the consensus mark. It has has installed more than 7.5 GW installed worldwide, making it the leading global provider of PV energy solutions. First Solar also continues to strengthen its presence in the Middle East, Australia, Japan and India. Currently the company is undergoing a strategic transition that involves replacement of its legacy manufacturing fleet, over the next several years, with the new Series 6 module. However, it faces intense competition from manufacturers of crystalline-silicon solar modules, and other types of solar modules and PV systems with respect to reliability and selling price per watt. Moreover, the company's shares underperformed the industry in the last one year. It is also incurring high start-up cost in relation to manufacturing of the new Series 6 modules." (10/26/2018)
- 2. JMP Securities analysts commented, "CL’s 1Q print was disappointing w/org sales of +1.5% (vs. +3% Street) – on 0.5%/2.5% EM/DM growth – and modest GM% downside, offset by lower total SG&A, driving a low-quality EPS beat ($0.74 vs. $0.73). CL lowered its org sales guide to +low-single-digits % (vs. +low-to-mid % prior), though reaffirmed its EPS guide of +low-double-digits (~$3.16-$3.21 vs. Street $3.17). Shares should trade lower and, at 20.5x P/E (25% prem. to staples), CL’s multiple is at risk. Low-quality 1Q beat highlighted by org sales miss, lower SG&A: CL reported sales of $4.0B, ~0.5% below Street est., including soft +1.5% org sales growth (vs. Street +3.1%). GM% of 60.3% was down -35 bps YoY and modestly (-15 bps) below Street estimates. Ex-pension accounting change, we est. total SG&A was ~115 bps better (35.7% vs. Street 36.8%), incl A&M below our f-cast (10.4% vs. 10.9%), driving a +3% pretax profit beat. Below-the-line items were a ~$0.02 drag vs. our model, driving EPS of $0.74, $0.01 ahead of Street/JEF $0.73." (4/27/2018)
Has First Solar been receiving favorable news coverage?
News headlines about FSLR stock have been trending somewhat positive this week, according to InfoTrie. The research firm identifies positive and negative press coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. First Solar earned a news sentiment score of 0.6 on InfoTrie's scale. They also assigned media stories about the solar cell manufacturer a news buzz of 1.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the stock's share price in the next several days.
Who are some of First Solar's key competitors?
Some companies that are related to First Solar include Microchip Technology (MCHP), Kyocera (KYOCY), Maxim Integrated Products (MXIM), STMicroelectronics (STM), Skyworks Solutions (SWKS), Marvell Technology Group (MRVL), ON Semiconductor (ON), ASE Technology (ASX), IPG Photonics (IPGP), Qorvo (QRVO), Integrated Device Technology (IDTI), Monolithic Power Systems (MPWR), Cypress Semiconductor (CY), Mellanox Technologies (MLNX) and Cree (CREE).
What other stocks do shareholders of First Solar own?
Who are First Solar's key executives?
First Solar's management team includes the folowing people:
- Mr. Mark R. Widmar, CEO & Director (Age 53)
- Mr. Alexander R. Bradley, Chief Financial Officer (Age 38)
- Mr. Philip Tymen deJong, Chief Operating Officer (Age 59)
- Mr. Raffi Garabedian, Chief Technology Officer (Age 52)
- Mr. Georges J. Antoun, Chief Commercial Officer (Age 56)
Who are First Solar's major shareholders?
First Solar's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (7.23%), Millennium Management LLC (1.97%), Park West Asset Management LLC (1.75%), Dimensional Fund Advisors LP (1.46%), Bank of New York Mellon Corp (1.25%) and Oregon Public Employees Retirement Fund (1.21%). Company insiders that own First Solar stock include Alexander R Bradley, Bryan Robert Schumaker, George A Hambro, Georges Antoun, J Thomas Presby, Mark R Widmar, Paul J Kaleta, Philip Dejong and Raffi Garabedian. View Institutional Ownership Trends for First Solar.
Which institutional investors are selling First Solar stock?
FSLR stock was sold by a variety of institutional investors in the last quarter, including KBC Group NV, Triodos Investment Management BV, Prudential Financial Inc., Prime Capital Investment Advisors LLC, State of Tennessee Treasury Department, Van ECK Associates Corp, California Public Employees Retirement System and Nisa Investment Advisors LLC. Company insiders that have sold First Solar company stock in the last year include Alexander R Bradley, Bryan Robert Schumaker, Georges Antoun, Mark R Widmar, Paul J Kaleta, Philip Dejong and Raffi Garabedian. View Insider Buying and Selling for First Solar.
Which institutional investors are buying First Solar stock?
FSLR stock was purchased by a variety of institutional investors in the last quarter, including Park West Asset Management LLC, Millennium Management LLC, Oregon Public Employees Retirement Fund, BlackRock Inc., Robecosam AG, Bank of Nova Scotia, Bank of New York Mellon Corp and Great West Life Assurance Co. Can. Company insiders that have bought First Solar stock in the last two years include George A Hambro and J Thomas Presby. View Insider Buying and Selling for First Solar.
How do I buy shares of First Solar?
Shares of FSLR can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is First Solar's stock price today?
One share of FSLR stock can currently be purchased for approximately $51.95.
How big of a company is First Solar?
First Solar has a market capitalization of $5.45 billion and generates $2.94 billion in revenue each year. The solar cell manufacturer earns $-165,610,000.00 in net income (profit) each year or $2.59 on an earnings per share basis. First Solar employs 4,100 workers across the globe.
What is First Solar's official website?
How can I contact First Solar?
First Solar's mailing address is 350 WEST WASHINGTON STREET SUITE 600, TEMPE AZ, 85281. The solar cell manufacturer can be reached via phone at 602-414-9300 or via email at [email protected]
MarketBeat Community Rating for First Solar (NASDAQ FSLR)
MarketBeat's community ratings are surveys of what our community members think about First Solar and other stocks. Vote "Outperform" if you believe FSLR will outperform the S&P 500 over the long term. Vote "Underperform" if you believe FSLR will underperform the S&P 500 over the long term. You may vote once every thirty days.
