First Solar Company Profile (NASDAQ:FSLR)

First Solar trades on the NASDAQ under the ticker symbol "FSLR."

First Solar, Inc. (NASDAQ:FSLR) released its earnings results on Tuesday, May, 2nd. The company reported $0.25 EPS for the quarter, topping the Thomson Reuters' consensus estimate of ($0.13) by $0.38. The firm earned $891.79 million during the quarter, compared to analysts' expectations of $699.15 million. First Solar had a positive return on equity of 6.71% and a negative net margin of 18.14%. View First Solar's Earnings History.

First Solar is scheduled to release their next quarterly earnings announcement on Tuesday, August, 1st 2017. View Earnings Estimates for First Solar.

First Solar updated its FY17 earnings guidance on Tuesday, May, 2nd. The company provided earnings per share guidance of $0.25-0.75 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.29. The company issued revenue guidance of $2.85-2.95 billion, compared to the consensus revenue estimate of $2.79 billion.

24 brokers have issued 12 month price objectives for First Solar's stock. Their predictions range from $20.00 to $61.00. On average, they expect First Solar's stock price to reach $42.55 in the next twelve months. View Analyst Ratings for First Solar.

Here are some recent quotes from research analysts about First Solar stock:

• 1. JMP Securities analysts commented, "We have completed a detailed review and update of our model for First Solar following a conversation with the company as well as conducting a review of recent filings. We believe First Solar continues to have an effective strategy in place for getting to a cost structure that should allow the company to become more competitive. However, we are still concerned about how difficult the business outlook for 2017 and 2018 looks. It is interesting to note that consensus expectations for 2018 have declined, but the numbers still look a little too high, in our opinion. As FSLR monetizes its remaining backlog of large projects, the company becomes increasingly dependent on sales of panels to third-party developers. That pendulum may swing back the other way in 2019 and beyond, but for now it leaves the company exposed to a brutal pricing environment." (3/15/2017)
• 2. According to Zacks Investment Research, "First Solar’s top line is heavily skewed toward foreign sales, exposing the company to foreign exchange risks. Again, intense competition, exposure to geopolitical risks and dependency on federal tax credit are major headwinds. Further the use of Cadmium Telluride may pose a possible environmental hazard; which in turn might cause the company to face added costs associated with violating environmental laws. However, First Solar’s share price loss was narrower than the Zacks Categorized Solar industry price over the last three months. The company continues to focus on retaining its competitive edge and aims to further consolidate its position in the market." (1/17/2017)

First Solar saw a decrease in short interest during the month of May. As of May 31st, there was short interest totalling 13,816,994 shares, a decrease of 11.2% from the May 15th total of 15,564,384 shares. Based on an average daily volume of 3,735,436 shares, the short-interest ratio is presently 3.7 days. Approximately 18.0% of the company's stock are sold short.

Some companies that are related to First Solar include Encana Corporation (ECA), Braskem S.A. (BAK), EQT GP Holdings, LP (EQGP), Western Gas Partners, LP (WES), Enable Midstream Partners, LP (ENBL), Antero Resources Corporation (AR), Parsley Energy (PE), LUNDIN PETROLM (LNDNY), EQT Midstream Partners, LP (EQM), Antero Midstream Partners LP (AM), Helmerich & Payne (HP), EnLink Midstream Partners, LP (ENLK), Range Resources Corporation (RRC), Rice Energy (RICE), Newfield Exploration Company (NFX), RSP Permian (RSPP), Shell Midstream Partners, L.P. (SHLX) and Phillips 66 Partners LP (PSXP).

First Solar's management team includes the folowing people:

• Mark R. Widmar, Chief Executive Officer, Director
• Alexander R. Bradley, Chief Financial Officer
• Philip Tymen De Jong, Chief Operating Officer
• Paul J. Kaleta, Executive Vice President, General Counsel
• Christopher R. Bueter, Executive Vice President - Human Resources
• Raffi Garabedian, Chief Technology Officer
• Georges J. Antoun, Chief Commercial Officer
• Michael J. Ahearn, Non-Executive Chairman of the Board
• Molly E. Joseph, Director
• Sharon L. Allen, Independent Director

First Solar's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (6.64%), Vanguard Group Inc. (6.04%), Wellington Management Group LLP (2.91%), Dimensional Fund Advisors LP (2.64%), State Street Corp (2.27%) and Bank of New York Mellon Corp (1.13%). Company insiders that own First Solar stock include Alexander R Bradley, Bryan Robert Schumaker, Christopher Bueter, Georges Antoun, J Thomas Presby, James Alton Hughes, Joseph Kishkill, Mark R Widmar, Paul J Kaleta, Philip Dejong, Raffi Garabedian and Timothy Brian Rebhorn. View Institutional Ownership Trends for First Solar.

First Solar's stock was sold by a variety of institutional investors in the last quarter, including Vanguard Group Inc., State Street Corp, First Trust Advisors LP, AQR Capital Management LLC, Legal & General Group Plc, Delta Lloyd NV, JPMorgan Chase & Co. and SG Americas Securities LLC. Company insiders that have sold First Solar stock in the last year include Alexander R Bradley, Bryan Robert Schumaker, Christopher Bueter, Georges Antoun, James Alton Hughes, Paul J Kaleta and Philip Dejong. View Insider Buying and Selling for First Solar.

First Solar's stock was purchased by a variety of institutional investors in the last quarter, including BlackRock Inc., Wellington Management Group LLP, Principal Financial Group Inc., Ameriprise Financial Inc., Dimensional Fund Advisors LP, Clinton Group Inc., UBS Group AG and Morgan Stanley. View Insider Buying and Selling for First Solar.

Shares of First Solar can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of First Solar stock can currently be purchased for approximately $40.49.