NASDAQ:FSLRFirst Solar Stock Price, Forecast & News

$46.61

+0.05 (+0.11 %)

(As of 05/27/2020 04:00 PM ET)

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Today's Range

$44.86

Now: $46.61▼

$47.60

50-Day Range

$36.75

MA: $41.72▼

$46.56

52-Week Range

$28.47

Now: $46.61▼

$69.24

Volume1.26 million shs

Average Volume1.75 million shs

Market Capitalization$4.94 billion

P/E Ratio116.53

Dividend YieldN/A

Beta1.25

First Solar, Inc. provides photovoltaic (PV) solar energy solutions in the United States and internationally. It operates in two segments, Modules 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 of PV solar power systems. The Systems segment provides turn-key PV 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.

Beat the Market (BTM) Rank^™

3.3 Analyst's Opinion

Consensus Rating
First Solar has received a consensus rating of Buy. The company's average rating score is 2.50, and is based on 8 buy ratings, 5 hold ratings, and 1 sell rating.
Price Target Upside/Downside
According to analysts' consensus price target of $56.23, First Solar has a potential upside of 20.6% from its current price of $46.61.
Amount of Analyst Coverage
First Solar has been the subject of 10 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

2.1 Community Rank

Outperform Votes
First Solar has received 999 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
First Solar has received 1,401 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
First Solar has received 58.38% “underperform” votes from our community.

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.

0.0 Dividend Strength

Dividend Yield
First Solar does not currently pay a dividend.
Dividend Growth
First Solar does not have a long track record of dividend growth.

1.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, First Solar insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $1,618,031.00 in company stock.
Percentage Held by Insiders
Only 0.54% of the stock of First Solar is held by insiders.
Percentage Held by Institutions
59.47% of the stock of First Solar is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.9 Earnings and Valuation

Earnings Growth
Earnings for First Solar are expected to grow by 24.72% in the coming year, from $2.71 to $3.38 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of First Solar is 116.53, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 14.82.
Price to Earnings Ratio vs. Sector
The P/E ratio of First Solar is 116.53, which means that it is trading at a more expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 10.06.
Price to Earnings Growth Ratio
First Solar has a PEG Ratio of 1.45. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
First Solar has a P/B Ratio of 0.96. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

1.65 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NASDAQ

Industry Semiconductors & related devices

Sub-IndustrySemiconductors

SectorOils/Energy

Current SymbolNASDAQ:FSLR

Previous Symbol

CUSIP33643310

CIK1274494

Webwww.firstsolar.com

Phone602-414-9300

Debt

Debt-to-Equity Ratio0.08

Current Ratio3.75

Quick Ratio3.10

Price-To-Earnings

Trailing P/E Ratio116.53

Forward P/E Ratio17.20

P/E Growth1.45

Sales & Book Value

Annual Sales$3.06 billion

Price / Sales1.61

Cash Flow$3.69 per share

Price / Cash Flow12.64

Book Value$48.80 per share

Price / Book0.96

Profitability

EPS (Most Recent Fiscal Year)$1.48

Net Income$-114,930,000.00

Net Margins1.42%

Return on Equity6.13%

Return on Assets4.40%

Miscellaneous

Employees6,600

Outstanding Shares105,907,000

Market Cap$4.94 billion

Next Earnings Date8/6/2020 (Estimated)

OptionableOptionable

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First Solar (NASDAQ:FSLR) Frequently Asked Questions

How has First Solar's stock been impacted by COVID-19 (Coronavirus)?

First Solar's stock was trading at $37.23 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, FSLR shares have increased by 25.2% and is now trading at $46.61. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of First Solar?

14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for First Solar in the last year. There are currently 1 sell rating, 5 hold ratings and 8 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for First Solar.

When is First Solar's next earnings date?

First Solar is scheduled to release its next quarterly earnings announcement on Thursday, August 6th 2020. View our earnings forecast for First Solar.

How were First Solar's earnings last quarter?

First Solar, Inc. (NASDAQ:FSLR) posted its quarterly earnings results on Thursday, May, 7th. The solar cell manufacturer reported $0.85 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.24 by $0.61. The solar cell manufacturer earned $532 million during the quarter, compared to analyst estimates of $560.05 million. First Solar had a net margin of 1.42% and a return on equity of 6.13%. The company's revenue for the quarter was up .0% compared to the same quarter last year. During the same quarter last year, the firm earned ($0.64) earnings per share. View First Solar's earnings history.

What price target have analysts set for FSLR?

14 brokerages have issued 12 month price objectives for First Solar's stock. Their forecasts range from $37.00 to $76.00. On average, they anticipate First Solar's stock price to reach $56.23 in the next year. This suggests a possible upside of 20.6% from the stock's current price. View analysts' price targets for First Solar.

Has First Solar been receiving favorable news coverage?

Media coverage about FSLR stock has trended very negative on Wednesday, according to InfoTrie Sentiment. The research firm identifies negative and positive media coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. First Solar earned a media sentiment score of -3.8 on InfoTrie's scale. They also assigned media headlines about the solar cell manufacturer a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the company's share price in the near term. View the latest news aboutFirst Solar.

Who are some of First Solar's key competitors?

Some companies that are related to First Solar include Intel (INTC), NVIDIA (NVDA), Broadcom (AVGO), Texas Instruments (TXN), Micron Technology (MU), Analog Devices (ADI), Xilinx (XLNX), Microchip Technology (MCHP), Marvell Technology Group (MRVL), Skyworks Solutions (SWKS), Maxim Integrated Products (MXIM), Monolithic Power Systems (MPWR), Cypress Semiconductor (CY), Inphi (IPHI) and Cree (CREE). View all 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 Puma Biotechnology (PBYI), Medivation (MDVN), BioMarin Pharmaceutical (BMRN), Incyte (INCY), Micron Technology (MU), Tesla (TSLA), United Continental (UAL), NVIDIA (NVDA), Alibaba Group (BABA) and Netflix (NFLX).

Who are First Solar's key executives?

First Solar's management team includes the following 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)

What is First Solar's stock symbol?

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

Who are First Solar's major shareholders?

First Solar's stock is owned by a number of retail and institutional investors. Top institutional investors include BlackRock Inc. (8.79%), Wellington Management Group LLP (4.68%), Invesco Ltd. (3.10%), Bank of New York Mellon Corp (2.26%), State Street Corp (2.00%) and Geode Capital Management LLC (0.99%). Company insiders that own First Solar stock 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 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 Pictet Asset Management Ltd., Luminus Management LLC, State of Michigan Retirement System, Healthcare of Ontario Pension Plan Trust Fund, Nuveen Asset Management LLC, Calamos Advisors LLC, New York State Common Retirement Fund, and Schroder Investment Management Group. 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, Philip Dejong, R Craig Kennedy, and Raffi Garabedian. View insider buying and selling activity 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 BlackRock Inc., Invesco Ltd., Wellington Management Group LLP, Franklin Resources Inc., Waddell & Reed Financial Inc., Robecosam AG, Geode Capital Management LLC, and AQR Capital Management LLC. View insider buying and selling activity 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, Robinhood, Fidelity, and Charles Schwab.

What is First Solar's stock price today?

One share of FSLR stock can currently be purchased for approximately $46.61.

How big of a company is First Solar?

First Solar has a market capitalization of $4.94 billion and generates $3.06 billion in revenue each year. The solar cell manufacturer earns $-114,930,000.00 in net income (profit) each year or $1.48 on an earnings per share basis. First Solar employs 6,600 workers across the globe.

What is First Solar's official website?

The official website for First Solar is 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]

This page was last updated on 5/27/2020 by MarketBeat.com Staff