About First Solar (NASDAQ:FSLR)
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
SymbolNASDAQ:FSLR
CUSIP33643310
Phone602-414-9300
Debt
Debt-to-Equity Ratio0.08
Current Ratio6.81
Quick Ratio6.49
Price-To-Earnings
Trailing P/E Ratio19.71
Forward P/E Ratio28.85
P/E Growth2.89
Sales & Book Value
Annual Sales$2.94 billion
Price / Sales1.82
Cash Flow$3.7135 per share
Price / Cash13.75
Book Value$48.82 per share
Price / Book1.05
Profitability
EPS (Most Recent Fiscal Year)$2.59
Net Income$-165,610,000.00
Net Margins-3.51%
Return on Equity6.26%
Return on Assets4.81%
Miscellaneous
Employees4,100
Outstanding Shares104,760,000
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 quarterly earnings data on Thursday, April, 26th. The solar cell manufacturer reported $0.78 EPS for the quarter, beating the Zacks' consensus estimate of ($0.08) by $0.86. The solar cell manufacturer had revenue of $567 million for the quarter, compared to analyst estimates of $421.47 million. First Solar had a positive return on equity of 6.26% and a negative net margin of 3.51%. The firm's revenue for the quarter was down 36.4% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.25 EPS. 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 issued an update on its FY18 earnings guidance on Thursday, April, 26th. The company provided earnings per share (EPS) guidance of $1.50-1.90 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.66. The company issued revenue guidance of $2.45-2.65 billion, compared to the consensus revenue estimate of $2.57 billion.
What price target have analysts set for FSLR?
19 brokers have issued 1-year price objectives for First Solar's shares. Their forecasts range from $42.00 to $94.00. On average, they expect First Solar's stock price to reach $68.0588 in the next twelve months. 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 kick started 2018 on a positive note, with the first quarter earnings and revenues both surpassing the respective Zacks Consensus Estimate. The company is making a notable transition to Series 6 module manufacturing in coming years. As of Mar 31, 2018, First Solar has advanced-stage projects with a total size of 2.3 GW in the pipeline, including some of the world’s largest PV solar power systems. In an attempt to meet the growing demand of the U.S. solar market, First Solar has recently announced its plans to construct a new Series 6 module manufacturing facility in Ohio, to ramp up its production. This must have led the company to outperform the broader industry in the last year. However, the company faces intense competition from manufacturers of crystalline-silicon solar modules, and other types of solar modules and PV systems." (5/3/2018)
- 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)
Who are some of First Solar's key competitors?
Some companies that are related to First Solar include Skyworks Solutions (SWKS), Xilinx (XLNX), Maxim Integrated Products (MXIM), Advanced Micro Devices (AMD), IPG Photonics (IPGP), Marvell Technology Group (MRVL), ON Semiconductor (ON), Qorvo (QRVO), ASE INDL HLDG C/S (ASX), Microsemi (MSCC), UMC (UMC), Semiconductor Manufacturing Int'l (SMI), Cypress Semiconductor (CY), SUMCO Corp/ADR (SUOPY) and Monolithic Power Systems (MPWR).
Who are First Solar's key executives?
First Solar's management team includes the folowing people:
- Mr. Mark R. Widmar, CEO & Director (Age 52)
- Mr. Alexander R. Bradley, Chief Financial Officer (Age 37)
- Mr. Philip Tymen deJong, Chief Operating Officer (Age 58)
- Mr. Raffi Garabedian, Chief Technology Officer (Age 51)
- Mr. Georges J. Antoun, Chief Commercial Officer (Age 55)
Has First Solar been receiving favorable news coverage?
Media coverage about FSLR stock has been trending positive this week, according to Accern Sentiment. The research firm scores the sentiment of media coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. First Solar earned a coverage optimism score of 0.45 on Accern's scale. They also gave media headlines about the solar cell manufacturer an impact score of 43.64 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock's share price in the near future.
Who are First Solar's major shareholders?
First Solar's stock is owned by many different of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (6.96%), JPMorgan Chase & Co. (1.27%), Dimensional Fund Advisors LP (0.98%), Amundi Pioneer Asset Management Inc. (0.67%), Northern Trust Corp (0.61%) and Guggenheim Capital LLC (0.45%). Company insiders that own First Solar stock include Alexander R Bradley, Bryan Robert Schumaker, Christopher Bueter, George A Hambro, Georges Antoun, J Thomas Presby, James Alton Hughes, 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 Millennium Management LLC, Guggenheim Capital LLC, Franklin Resources Inc., Schroder Investment Management Group, WINTON GROUP Ltd, Amundi Pioneer Asset Management Inc., California Public Employees Retirement System and Quadrature Capital Ltd. 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 acquired by a variety of institutional investors in the last quarter, including Mackay Shields LLC, UBS Group AG, JPMorgan Chase & Co., BlackRock Inc., Prudential Financial Inc., KBC Group NV, Columbus Circle Investors and Handelsbanken Fonder AB. 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 $51.06.
How big of a company is First Solar?
First Solar has a market capitalization of $5.35 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.
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 (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.
