NASDAQ:FSLR - First Solar Stock Price, News & Analysis

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

First Solar, Inc. (NASDAQ:FSLR) released its quarterly earnings data on Thursday, August, 1st. The solar cell manufacturer reported ($0.18) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.02 by $0.20. The solar cell manufacturer earned $585 million during the quarter, compared to analysts' expectations of $656.80 million. First Solar had a net margin of 0.95% and a return on equity of 0.46%. First Solar's quarterly revenue was up 89.3% on a year-over-year basis. During the same period last year, the firm earned ($0.46) earnings per share. View First Solar's Earnings History.

First Solar is scheduled to release their next quarterly earnings announcement on Thursday, October 24th 2019. View Earnings Estimates for First Solar.

First Solar issued an update on its FY19 earnings guidance on Thursday, August, 1st. 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 $2.45. The company issued revenue guidance of $3.5-3.7 billion, compared to the consensus revenue estimate of $3.53 billion.

14 analysts have issued twelve-month price targets for First Solar's shares. Their predictions range from $56.00 to $82.00. On average, they anticipate First Solar's share price to reach $70.1111 in the next year. This suggests a possible upside of 4.1% from the stock's current price. View Analyst Price Targets for First Solar.

14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for First Solar in the last year. There are currently 4 hold ratings and 10 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for First Solar.

News coverage about FSLR stock has trended negative this week, InfoTrie Sentiment reports. The research firm identifies positive and negative media coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. First Solar earned a news impact score of -2.9 on InfoTrie's scale. They also gave media stories about the solar cell manufacturer a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an effect on the company's share price in the next few days. View News Stories for First Solar.

First Solar saw a decline in short interest during the month of August. As of August 31st, there was short interest totalling 10,193,000 shares, a decline of 5.2% from the July 31st total of 10,754,300 shares. Based on an average trading volume of 1,080,000 shares, the short-interest ratio is presently 9.4 days. Approximately 13.5% of the company's shares are short sold. View First Solar's Current Options Chain.

Some companies that are related to First Solar include Xilinx (XLNX), Infineon Technologies (IFNNY), Kyocera (KYOCY), Microchip Technology (MCHP), STMicroelectronics (STM), Marvell Technology Group (MRVL), Maxim Integrated Products (MXIM), Skyworks Solutions (SWKS), ASE Technology (ASX), Qorvo (QRVO), Cypress Semiconductor (CY), Advantest (ATEYY), ON Semiconductor (ON), IPG Photonics (IPGP) and Monolithic Power Systems (MPWR).

Based on aggregate information from My MarketBeat watchlists, some companies that other First Solar investors own include Puma Biotechnology (PBYI), Medivation (MDVN), BioMarin Pharmaceutical (BMRN), Incyte (INCY), Micron Technology (MU), Tesla (TSLA), United Continental (UAL), Netflix (NFLX), NVIDIA (NVDA) and Freeport-McMoRan (FCX).

First Solar's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (7.62%), BlackRock Inc. (7.62%), Vanguard Group Inc. (6.62%), Invesco Ltd. (2.55%), Bank of New York Mellon Corp (2.19%) and Lansdowne Partners UK LLP (1.01%). Company insiders that own First Solar stock include Alexander R Bradley, Bryan Robert Schumaker, Byron Michael Jeffers, Christopher Bueter, George A Hambro, Georges Antoun, Mark R Widmar, Paul J Kaleta, Philip Dejong, R Craig Kennedy and Raffi Garabedian. View Institutional Ownership Trends for First Solar.

FSLR stock was sold by a variety of institutional investors in the last quarter, including Park West Asset Management LLC, Quest Capital Management Inc. ADV, Morgan Stanley, Point72 Asset Management L.P., Grantham Mayo Van Otterloo & Co. LLC, Canada Pension Plan Investment Board, Kempen Capital Management N.V. and DNB Asset Management AS. Company insiders that have sold First Solar company stock in the last year include Alexander R Bradley, Byron Michael Jeffers, Christopher Bueter, Georges Antoun, Mark R Widmar, Paul J Kaleta, Philip Dejong, R Craig Kennedy and Raffi Garabedian. View Insider Buying and Selling for First Solar.

FSLR stock was bought by a variety of institutional investors in the last quarter, including Invesco Ltd., Bank of New York Mellon Corp, Nuveen Asset Management LLC, South Texas Money Management Ltd., UBS Group AG, Schroder Investment Management Group, DekaBank Deutsche Girozentrale and Bowen Hanes & Co. Inc.. View Insider Buying and Selling for 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, Robinhood, Fidelity and Charles Schwab.

One share of FSLR stock can currently be purchased for approximately $67.32.

First Solar has a market capitalization of $7.09 billion and generates $2.24 billion in revenue each year. The solar cell manufacturer earns $144.33 million in net income (profit) each year or $1.36 on an earnings per share basis. First Solar employs 6,400 workers across the globe.View Additional Information About First Solar.

The official website for First Solar is http://www.firstsolar.com/.

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]