First Solar (FSLR) Competitors

$178.73
+3.71 (+2.12%)
(As of 04/26/2024 ET)

FSLR vs. ASX, ENPH, WDS, PBA, EQT, CTRA, MRO, CQP, OVV, and WES

Should you be buying First Solar stock or one of its competitors? The main competitors of First Solar include ASE Technology (ASX), Enphase Energy (ENPH), Woodside Energy Group (WDS), Pembina Pipeline (PBA), EQT (EQT), Coterra Energy (CTRA), Marathon Oil (MRO), Cheniere Energy Partners (CQP), Ovintiv (OVV), and Western Midstream Partners (WES).

First Solar vs.

ASE Technology (NYSE:ASX) and First Solar (NASDAQ:FSLR) are both large-cap computer and technology companies, but which is the superior investment? We will compare the two businesses based on the strength of their community ranking, analyst recommendations, dividends, media sentiment, profitability, valuation, earnings, institutional ownership and risk.

6.8% of ASE Technology shares are owned by institutional investors. Comparatively, 92.1% of First Solar shares are owned by institutional investors. 22.9% of ASE Technology shares are owned by insiders. Comparatively, 0.6% of First Solar shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company will outperform the market over the long term.

ASE Technology currently has a consensus target price of $7.84, suggesting a potential downside of 22.46%. First Solar has a consensus target price of $231.36, suggesting a potential upside of 29.45%. Given ASE Technology's stronger consensus rating and higher possible upside, analysts clearly believe First Solar is more favorable than ASE Technology.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
ASE Technology
0 Sell rating(s)
1 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
2.50
First Solar
0 Sell rating(s)
2 Hold rating(s)
22 Buy rating(s)
0 Strong Buy rating(s)
2.92

First Solar received 714 more outperform votes than ASE Technology when rated by MarketBeat users. However, 64.35% of users gave ASE Technology an outperform vote while only 55.28% of users gave First Solar an outperform vote.

CompanyUnderperformOutperform
ASE TechnologyOutperform Votes
370
64.35%
Underperform Votes
205
35.65%
First SolarOutperform Votes
1084
55.28%
Underperform Votes
877
44.72%

First Solar has a net margin of 25.03% compared to First Solar's net margin of 5.44%. ASE Technology's return on equity of 13.80% beat First Solar's return on equity.

Company Net Margins Return on Equity Return on Assets
ASE Technology5.44% 10.29% 4.61%
First Solar 25.03%13.80%9.16%

ASE Technology has higher revenue and earnings than First Solar. ASE Technology is trading at a lower price-to-earnings ratio than First Solar, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
ASE Technology$18.69B1.19$1.16B$0.4721.50
First Solar$3.32B5.76$830.78M$7.7423.09

ASE Technology has a beta of 1.25, suggesting that its stock price is 25% more volatile than the S&P 500. Comparatively, First Solar has a beta of 1.41, suggesting that its stock price is 41% more volatile than the S&P 500.

In the previous week, First Solar had 17 more articles in the media than ASE Technology. MarketBeat recorded 23 mentions for First Solar and 6 mentions for ASE Technology. ASE Technology's average media sentiment score of 0.63 beat First Solar's score of 0.47 indicating that First Solar is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
ASE Technology
0 Very Positive mention(s)
0 Positive mention(s)
3 Neutral mention(s)
2 Negative mention(s)
0 Very Negative mention(s)
Neutral
First Solar
8 Very Positive mention(s)
5 Positive mention(s)
6 Neutral mention(s)
3 Negative mention(s)
0 Very Negative mention(s)
Positive

Summary

First Solar beats ASE Technology on 14 of the 18 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding FSLR and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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FSLR vs. The Competition

MetricFirst SolarSemiconductors & related devices IndustryEnergy SectorNASDAQ Exchange
Market Cap$19.13B$43.32B$8.10B$7.62B
Dividend YieldN/A2.20%11.36%3.94%
P/E Ratio23.0927.4120.0820.24
Price / Sales5.7616.6753.4782.83
Price / Cash16.6520.5610.9835.09
Price / Book2.865.963.464.38
Net Income$830.78M$897.50M$994.27M$214.13M
7 Day Performance2.11%8.02%1.30%1.87%
1 Month Performance16.69%-4.66%3.18%-3.70%
1 Year Performance-10.42%5.65%8.21%9.30%

First Solar Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
ASX
ASE Technology
3.6293 of 5 stars
$10.16
+1.1%
$7.84
-22.9%
+48.4%$22.27B$18.69B21.6292,894Analyst Downgrade
News Coverage
ENPH
Enphase Energy
4.5957 of 5 stars
$110.51
+3.8%
$149.88
+35.6%
-31.7%$15.03B$2.29B36.113,157Analyst Report
Insider Selling
Short Interest ↑
Analyst Revision
News Coverage
Gap Up
WDS
Woodside Energy Group
0.1915 of 5 stars
$18.43
-1.8%
N/A-17.1%$18.13B$13.99B14.184,667Short Interest ↑
PBA
Pembina Pipeline
3.6495 of 5 stars
$35.10
+0.6%
$44.75
+27.5%
+10.7%$20.34B$6.70B15.882,837Short Interest ↓
Analyst Revision
EQT
EQT
3.5435 of 5 stars
$37.99
+3.7%
$43.38
+14.2%
+29.5%$16.73B$6.91B8.94881Earnings Report
Analyst Report
Short Interest ↑
CTRA
Coterra Energy
4.5196 of 5 stars
$27.95
+0.7%
$32.47
+16.2%
+14.5%$21.01B$5.91B13.06894Upcoming Earnings
Positive News
MRO
Marathon Oil
4.7862 of 5 stars
$27.64
+0.5%
$32.76
+18.5%
+19.2%$15.80B$6.70B10.801,681Upcoming Earnings
Dividend Announcement
Analyst Report
CQP
Cheniere Energy Partners
0.9866 of 5 stars
$48.66
-1.4%
$49.20
+1.1%
N/A$23.55B$9.66B7.001,605Analyst Report
OVV
Ovintiv
4.1185 of 5 stars
$52.18
+0.4%
$56.71
+8.7%
+54.1%$14.03B$10.88B6.611,743Positive News
WES
Western Midstream Partners
1.5766 of 5 stars
$35.67
+0.8%
$30.64
-14.1%
+34.4%$13.57B$3.11B13.721,377

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This page (NASDAQ:FSLR) was last updated on 4/27/2024 by MarketBeat.com Staff

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