NASDAQ:FTCI FTC Solar (FTCI) Stock Price, News & Analysis → What President Biden's new law means for investors (From Stansberry Research) (Ad) Free FTCI Stock Alerts $0.50 -0.01 (-1.97%) (As of 10:47 AM ET) Add Compare Share Share Today's Range$0.48▼$0.5250-Day Range$0.38▼$0.5952-Week Range$0.28▼$3.87Volume32,757 shsAverage Volume681,895 shsMarket Capitalization$62.40 millionP/E RatioN/ADividend YieldN/APrice Target$1.49 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial Media Get FTC Solar alerts: Email Address FTC Solar MarketRank™ Stock AnalysisAnalyst RatingHold2.43 Rating ScoreUpside/Downside207.4% Upside$1.49 Price TargetShort InterestBearish18.15% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.23Based on 2 Articles This WeekInsider TradingAcquiring Shares$200,436 Bought Last QuarterProj. Earnings GrowthGrowingFrom ($0.27) to ($0.16) Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.2.15 out of 5 starsOils/Energy Sector180th out of 236 stocksSemiconductors & Related Devices Industry70th out of 86 stocks 3.2 Analyst's Opinion Consensus RatingFTC Solar has received a consensus rating of Hold. The company's average rating score is 2.43, and is based on 1 buy rating, 5 hold ratings, and no sell ratings.Amount of Analyst CoverageFTC Solar has only been the subject of 3 research reports in the past 90 days.Read more about FTC Solar's stock forecast and price target. Previous Next 0.0 Short Interest Percentage of Shares Shorted18.15% of the float of FTC Solar has been sold short.Short Interest Ratio / Days to CoverFTC Solar has a short interest ratio ("days to cover") of 13.5, which indicates bearish sentiment.Change versus previous monthShort interest in FTC Solar has recently increased by 8.33%, indicating that investor sentiment is decreasing significantly. Previous Next 0.0 Dividend Strength Dividend YieldFTC Solar does not currently pay a dividend.Dividend GrowthFTC Solar does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for FTCI. Previous Next 1.8 News and Social Media Coverage News SentimentFTC Solar has a news sentiment score of 0.23. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.59 average news sentiment score of Oils/Energy companies.News Coverage This WeekMarketBeat has tracked 2 news articles for FTC Solar this week, compared to 1 article on an average week.Search InterestOnly 4 people have searched for FTCI on MarketBeat in the last 30 days. This is a decrease of -33% compared to the previous 30 days. Previous Next 4.2 Company Ownership Insider Buying vs. Insider SellingIn the past three months, FTC Solar insiders have bought 673.20% more of their company's stock than they have sold. Specifically, they have bought $200,436.00 in company stock and sold $25,923.00 in company stock.Percentage Held by Insiders23.10% of the stock of FTC Solar is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by Institutions45.36% of the stock of FTC Solar is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about FTC Solar's insider trading history. Previous Next 1.3 Earnings and Valuation Earnings GrowthEarnings for FTC Solar are expected to grow in the coming year, from ($0.27) to ($0.16) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of FTC Solar is -1.24, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of FTC Solar is -1.24, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioFTC Solar has a P/B Ratio of 0.97. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.Read more about FTC Solar's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Wall Street StarThis Apple-like Innovator is Revolutionizing HealthcareAI has infiltrated so many sectors, it's sent the demand for AI-friendly GPU computer chips rocketing. Nvidia has gone up more than 3x in the past year. It is now valued well over $2 trillion, making it one of the largest companies in the world.Click here to learn more about the booming eHealth industry About FTC Solar Stock (NASDAQ:FTCI)FTC Solar, Inc. engages in the provision of solar tracker systems, software, and engineering services in the United States, Asia, Europe, the Middle East, North Africa, South Africa, and Australia. The company offers a self-powered, two-panel in-portrait, and single-axis tracker solution under the Voyager brand name; and a one module-in-portrait solar tracker solution under the Pioneer brand name. Its customers include project developers and solar asset owners, as well as engineering, procurement, and construction contractors that design and build solar energy projects. The company was incorporated in 2017 and is headquartered in Austin, Texas.Read More FTCI Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart FTCI Stock News HeadlinesMay 15, 2024 | globenewswire.comFTC Solar Announces New Sales and Leadership AppointmentsMay 15, 2024 | americanbankingnews.comFTC Solar (NASDAQ:FTCI) Receives Buy Rating from HC WainwrightMay 13, 2024 | msn.comHow to get around the FTC’s non-compete banMay 13, 2024 | finance.yahoo.comFTC Solar Inc (FTCI) (Q1 2024) Earnings Call Transcript Highlights: Navigating Challenges and ...May 11, 2024 | finance.yahoo.comFTC Solar, Inc. (NASDAQ:FTCI) Q1 2024 Earnings Call TranscriptMay 11, 2024 | finance.yahoo.comQ1 2024 FTC Solar Inc Earnings CallMay 10, 2024 | finanznachrichten.deFTC Solar, Inc: FTC Solar Announces First Quarter 2024 Financial ResultsMay 10, 2024 | markets.businessinsider.comFTC Solar Battles Revenue Blues, Eyes Adjusted EBITDA Profitability In Q4May 10, 2024 | investorplace.comFTCI Stock Earnings: FTC Solar Meets EPS, Misses Revenue for Q1 2024May 10, 2024 | globenewswire.comFTC Solar Announces First Quarter 2024 Financial ResultsMay 6, 2024 | globenewswire.comFTC Solar to Announce First Quarter Financial Results Friday, May 10, 2024April 11, 2024 | investorplace.com7 Penny Stocks if You Believe Lady Luck's on Your SideMarch 16, 2024 | finance.yahoo.comFTC Solar, Inc. (NASDAQ:FTCI) Q4 2023 Earnings Call TranscriptMarch 15, 2024 | uk.finance.yahoo.comFTC Solar Full Year 2023 Earnings: EPS Beats ExpectationsMarch 15, 2024 | finance.yahoo.comCSIQ Mar 2024 18.500 callMarch 15, 2024 | globenewswire.comFTC Solar to Present at Roth Conference March 18, 2024March 14, 2024 | msn.comFTC Solar slides after Q4 loss; Roth downgrades, delaying view to breakevenMarch 14, 2024 | markets.businessinsider.comAnalysts Offer Insights on Technology Companies: Jamf Holding (JAMF) and FTC Solar (FTCI)March 14, 2024 | benzinga.comThese Analysts Cut Their Forecasts On FTC Solar After Q4 ResultsMarch 13, 2024 | globenewswire.comFTC Solar Announces Fourth Quarter 2023 Financial ResultsMarch 12, 2024 | msn.comFTC Solar Q4 2023 Earnings PreviewMarch 12, 2024 | benzinga.comEarnings Outlook For FTC SolarMarch 8, 2024 | finance.yahoo.comFTC Solar Insiders Placed Bullish Bets Worth US$1.47mMarch 6, 2024 | uk.investing.comFTC Solar Inc (FTCI)February 27, 2024 | globenewswire.comFTC Solar to Announce Fourth Quarter and Full Year 2023 Financial Results Wednesday, March 13, 2024See More Headlines Receive FTCI Stock News and Ratings via Email Sign-up to receive the latest news and ratings for FTC Solar and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings3/13/2024Today5/21/2024Next Earnings (Estimated)8/14/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorOils/Energy Industry Semiconductors & related devices Sub-IndustryN/A Current SymbolNASDAQ:FTCI CUSIPN/A CIK1828161 Webwww.ftcsolar.com Phone737-787-7906FaxN/AEmployees213Year FoundedN/APrice Target and Rating Average Stock Price Target$1.49 High Stock Price Target$2.50 Low Stock Price Target$0.45 Potential Upside/Downside+194.3%Consensus RatingHold Rating Score (0-4)2.43 Research Coverage7 Analysts Profitability EPS (Most Recent Fiscal Year)($0.39) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-50,290,000.00 Net Margins-47.92% Pretax Margin-48.41% Return on Equity-63.07% Return on Assets-33.41% Debt Debt-to-Equity RatioN/A Current Ratio1.84 Quick Ratio1.77 Sales & Book Value Annual Sales$127 million Price / Sales0.50 Cash FlowN/A Price / Cash FlowN/A Book Value$0.50 per share Price / Book1.01Miscellaneous Outstanding Shares125,610,000Free Float96,594,000Market Cap$63.66 million OptionableOptionable Beta1.62 Elon Musk's Next MoveWondering when you'll finally be able to invest in SpaceX, StarLink, or The Boring Company? Click the link below to learn when Elon Musk will let these companies finally IPO.Get This Free Report Key ExecutivesMr. Patrick M. Cook (Age 40)Chief Commercial Officer Comp: $263.87kMs. Cathy Behnen CPA (Age 60)Chief Financial Officer Mr. Sasan Aminpour (Age 60)Chief Operating Officer Mr. Bill MichalekVice President of Investor Relations & Corporate CommunicationsJacob D. Wolf Esq.VP, General Counsel & SecretaryMr. Kristian Nolde (Age 46)Vice President of Marketing & Strategy More ExecutivesKey CompetitorsTigo EnergyNASDAQ:TYGOBeam GlobalNASDAQ:BEEMComplete SolariaNASDAQ:CSLRStrattec SecurityNASDAQ:STRTBabcock & Wilcox EnterprisesNYSE:BWView All CompetitorsInsiders & InstitutionsTTP Investments Inc.Bought 147,530 shares on 5/9/2024Ownership: 0.117%GSA Capital Partners LLPBought 1,189,960 shares on 5/3/2024Ownership: 1.527%Fifth Lane Capital LPBought 50,000 shares on 5/2/2024Ownership: 0.060%Ahmad R ChatilaBought 97,400 shares on 3/26/2024Total: $49,674.00 ($0.51/share)Ahmad R ChatilaBought 92,600 shares on 3/22/2024Total: $50,930.00 ($0.55/share)View All Insider TransactionsView All Institutional Transactions FTCI Stock Analysis - Frequently Asked Questions Should I buy or sell FTC Solar stock right now? 7 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for FTC Solar in the last year. There are currently 5 hold ratings, 1 buy rating and 1 strong buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" FTCI shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in FTCI, but not buy additional shares or sell existing shares. View FTCI analyst ratings or view top-rated stocks. What is FTC Solar's stock price target for 2024? 7 equities research analysts have issued 12-month price objectives for FTC Solar's shares. Their FTCI share price targets range from $0.45 to $2.50. On average, they predict the company's share price to reach $1.49 in the next year. This suggests a possible upside of 207.4% from the stock's current price. View analysts price targets for FTCI or view top-rated stocks among Wall Street analysts. How have FTCI shares performed in 2024? FTC Solar's stock was trading at $0.6928 at the beginning of 2024. Since then, FTCI stock has decreased by 30.0% and is now trading at $0.4853. View the best growth stocks for 2024 here. When is FTC Solar's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, August 14th 2024. View our FTCI earnings forecast. How were FTC Solar's earnings last quarter? FTC Solar, Inc. (NASDAQ:FTCI) released its earnings results on Wednesday, March, 13th. The company reported ($0.07) EPS for the quarter, beating the consensus estimate of ($0.08) by $0.01. The business had revenue of $23.20 million for the quarter, compared to the consensus estimate of $22.80 million. FTC Solar had a negative trailing twelve-month return on equity of 63.07% and a negative net margin of 47.92%. During the same quarter last year, the business earned ($0.16) earnings per share. What ETF holds FTC Solar's stock? USCF Sustainable Commodity Strategy Fund holds 6,400 shares of FTCI stock, representing 0.12% of its portfolio. What guidance has FTC Solar issued on next quarter's earnings? FTC Solar issued an update on its second quarter 2024 earnings guidance on Friday, May, 10th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $10.5 million-$15.5 million, compared to the consensus revenue estimate of $23.6 million. When did FTC Solar IPO? FTC Solar (FTCI) raised $350 million in an initial public offering (IPO) on Wednesday, April 28th 2021. The company issued 18,400,000 shares at a price of $18.00-$20.00 per share. Barclays, BofA Securities, Credit Suisse, UBS Investment Bank and HSBC acted as the underwriters for the IPO and Cowen, Simmons Energy (A Division of Piper Sandler), Raymond James and Roth Capital Partners were co-managers. Who are FTC Solar's major shareholders? FTC Solar's stock is owned by a number of retail and institutional investors. Top institutional investors include GSA Capital Partners LLP (1.53%), TTP Investments Inc. (0.12%) and Fifth Lane Capital LP (0.06%). Insiders that own company stock include Ahmad R Chatila, Ali Mortazavi, Arc Family Trust, Cathy Behnen, Cortes Isidoro Alfonso Quiroga, David Springer, Kristian Nolde, Nagendra Cherukupalli, Patrick Cook, Robert Phelps Morris, Sasan Aminpour, Sean Hunkler, South Cone Investments Limited, Tamara Mullings, Thurman J Rodgers and William A Priddy. View institutional ownership trends. How do I buy shares of FTC Solar? Shares of FTCI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. This page (NASDAQ:FTCI) was last updated on 5/21/2024 by MarketBeat.com Staff From Our PartnersExposed: 10 CENT Crypto to Explode May 20th?True Market InsidersConflict In Israel Sends Gold Soaring ???? 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