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

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$52.13 +0.44 (+0.85 %)
(As of 02/21/2019 02:44 PM ET)
Previous Close$51.69
Today's Range$51.71 - $52.49
52-Week Range$36.51 - $81.72
Volume111,238 shs
Average Volume1.40 million shs
Market Capitalization$5.46 billion
P/E Ratio20.19
Dividend YieldN/A
Beta1.31
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.

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Industry, Sector and Symbol

Industry Semiconductors & related devices
Sub-IndustrySemiconductors
SectorOils/Energy
Current SymbolNASDAQ:FSLR
CUSIP33643310
Phone602-414-9300

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$2.94 billion
Cash Flow$3.7183 per share
Book Value$48.82 per share

Profitability

Net Income$-165,610,000.00

Miscellaneous

Employees4,100
Market Cap$5.46 billion
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) announced its quarterly earnings results on Thursday, October, 25th. The solar cell manufacturer reported $0.54 EPS for the quarter, beating 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 analyst estimates of $683.93 million. First Solar had a negative net margin of 17.98% and a positive return on equity of 1.29%. View First Solar's Earnings History.

When is First Solar's next earnings date?

First Solar is scheduled to release their next quarterly earnings announcement on Thursday, February 21st 2019. View Earnings Estimates for First Solar.

How can I listen to First Solar's earnings call?

First Solar will be holding an earnings conference call on Thursday, February 21st at 4:30 PM Eastern. Interested parties can register for or listen to the call using this link.

What guidance has First Solar issued on next quarter's earnings?

First Solar updated its FY19 earnings guidance on Tuesday, December, 11th. The company provided EPS guidance of $2.25-2.75 for the period, compared to the Thomson Reuters consensus EPS estimate of $2.91. The company issued revenue guidance of $3.25-3.45 billion, compared to the consensus revenue estimate of $3.02 billion.

What price target have analysts set for FSLR?

18 equities research 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 23.7% 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?

Media headlines about FSLR stock have been trending somewhat positive recently, InfoTrie Sentiment reports. The research group rates the sentiment of media coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. First Solar earned a coverage optimism score of 0.9 on InfoTrie's scale. They also assigned press coverage about the solar cell manufacturer a news buzz of 9.0 out of 10, meaning that recent media coverage is extremely likely to have an effect on the stock's share price in the immediate future.

Who are some of First Solar's key competitors?

What other stocks do shareholders of First Solar own?

Based on aggregate information from My MarketBeat watchlists, some companies that other First Solar investors own include Tesla (TSLA), Netflix (NFLX), Alibaba Group (BABA), Micron Technology (MU), NVIDIA (NVDA), Gilead Sciences (GILD), Twitter (TWTR), Intel (INTC), Bank of America (BAC) and Baidu (BIDU).

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 many different of institutional and retail investors. Top institutional investors 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 major 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 major investors are buying First Solar stock?

FSLR stock was bought 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 $52.01.

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?

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

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)

Community Ranking:  2.1 out of 5 (star star)
Outperform Votes:  881 (Vote Outperform)
Underperform Votes:  1,250 (Vote Underperform)
Total Votes:  2,131
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.
This page was last updated on 2/21/2019 by MarketBeat.com Staff

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