First Solar Stock Analysis

FSLR Stock  USD 226.74  10.55  4.88%   
First Solar is fairly valued with Real Value of 227.05 and Target Price of 237.57. The main objective of First Solar stock analysis is to determine its intrinsic value, which is an estimate of what First Solar is worth, separate from its market price. There are two main types of First Solar's stock analysis: fundamental analysis and technical analysis.
The First Solar stock is traded in the USA on NASDAQ Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. First Solar is usually not traded on Washington 's Birthday, Good Friday, Memorial Day, Juneteenth Holiday, Independence Day, Labour Day, Thanksgiving Day, Christmas Day, New Year 's Day, Dr . Martin Luther King Jr 's Birthday. First Stock trading window is adjusted to America/New York timezone.
  
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in First Solar. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
To learn how to invest in First Stock, please use our How to Invest in First Solar guide.

First Stock Analysis Notes

About 92.0% of the company shares are owned by institutional investors. The book value of First Solar was currently reported as 64.49. The company has Price/Earnings To Growth (PEG) ratio of 0.41. First Solar recorded earning per share (EPS) of 9.54. The entity had not issued any dividends in recent years. First Solar, Inc. provides photovoltaic solar energy solutions in the United State, Japan, France, Canada, India, Australia, and internationally. First Solar, Inc. was founded in 1999 and is headquartered in Tempe, Arizona. First Solar operates under Solar classification in the United States and is traded on NASDAQ Exchange. It employs 4800 people. To learn more about First Solar call Mark Widmar at 602 414 9300 or check out https://www.firstsolar.com.

First Solar Quarterly Total Revenue

794.11 Million

First Solar Investment Alerts

First Solar had very high historical volatility over the last 90 days
First Solar has a strong financial position based on the latest SEC filings
Over 92.0% of the company shares are owned by institutional investors
Latest headline from finance.yahoo.com: Why Is First Solar, Inc. the Best Manufacturing Stock to Buy According to Analysts

First Solar Upcoming and Recent Events

27th of February 2024
Upcoming Quarterly Report
View
25th of April 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
27th of February 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View

First Largest EPS Surprises

Earnings surprises can significantly impact First Solar's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
2007-07-31
2007-06-300.030.070.04133 
2018-02-22
2017-12-31-0.31-0.250.0619 
2023-02-28
2022-12-31-0.16-0.070.0956 
View All Earnings Estimates

First Solar Environmental, Social, and Governance (ESG) Scores

First Solar's ESG score is a quantitative measure that evaluates First Solar's performance and commitment regarding environmental, social, and governance (ESG) factors. These scores are becoming increasingly crucial in investment decision-making processes, providing insights into non-financial aspects of First Solar's operations that may have significant financial implications and affect First Solar's stock price as well as guide investors towards more socially responsible investments.

First Solar Thematic Classifications

In addition to having First Solar stock in your portfolios, you can add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your favorite investment opportunity, you can then obtain an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility. If you are a result-oriented investor, you can benefit from optimizing one of our existing themes to build an efficient portfolio against your specific investing outlook.
Alternative Energy Idea
Alternative Energy
Companies, funds and ETFs that are involved in development and popularizing of alternative energy
Electronic Equipment Idea
Electronic Equipment
USA Equities from Electronic Equipment industry as classified by Fama & French
Trump Equities Idea
Trump Equities
Companies that have responded positively to Trump presidency
Climate Change Idea
Climate Change
A subset of companies across different industries and markets, that have embraced or working towards promoting renewable energy equipment, product, or services

First Stock Institutional Investors

Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Shares
Samlyn Capital, Llc2024-03-31
1.8 M
Norges Bank2023-12-31
1.7 M
Amundi2024-03-31
1.3 M
Jane Street Group, Llc2023-12-31
1.2 M
Morgan Stanley - Brokerage Accounts2024-03-31
1.1 M
Northern Trust Corp2024-03-31
970.6 K
Bank Of America Corp2024-03-31
874.5 K
Deutsche Bank Ag2024-03-31
867.5 K
Legal & General Group Plc2024-03-31
858.6 K
Vanguard Group Inc2024-03-31
12.3 M
Blackrock Inc2024-03-31
12 M
Note, although First Solar's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

First Market Capitalization

The company currently falls under 'Large-Cap' category with a current market capitalization of 23.69 B.

First Profitablity

The company has Profit Margin (PM) of 0.29 %, which maeans that even a very small decline in it revenue will erase profits resulting in a net loss. This is way below average. Similarly, it shows Operating Margin (OM) of 0.3 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.3.
Last ReportedProjected for Next Year
Return On Tangible Assets 0.08  0.08 
Return On Capital Employed 0.09  0.10 
Return On Assets 0.08  0.08 
Return On Equity 0.12  0.11 

Management Efficiency

First Solar has return on total asset (ROA) of 0.0718 % which means that it generated a profit of $0.0718 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.1605 %, meaning that it created $0.1605 on every $100 dollars invested by stockholders. First Solar's management efficiency ratios could be used to measure how well First Solar manages its routine affairs as well as how well it operates its assets and liabilities. At this time, First Solar's Return On Tangible Assets are relatively stable compared to the past year. As of 07/26/2024, Return On Capital Employed is likely to grow to 0.1, while Return On Equity is likely to drop 0.11. At this time, First Solar's Return On Assets are relatively stable compared to the past year. As of 07/26/2024, Asset Turnover is likely to grow to 0.33, while Total Current Assets are likely to drop slightly above 2.5 B.
Last ReportedProjected for Next Year
Book Value Per Share 62.62  65.75 
Tangible Book Value Per Share 61.74  64.82 
Enterprise Value Over EBITDA 13.53  14.20 
Price Book Value Ratio 2.75  4.35 
Enterprise Value Multiple 13.53  14.20 
Price Fair Value 2.75  4.35 
Enterprise Value5.9 B5.7 B
The analysis of First Solar's management efficiency is an essential part of evaluating and assessing the financial and operational performance of the entity. It is also vital to analyze First Solar's future growth prospects and the overall market conditions to determine the value and potential of its stock. The analysis involves studying a range of financial metrics such as revenue, earnings, profit margins, cash flow, debt, market share, and external factors such as economic trends, industry outlook, competition, and government regulations. The goal of First Stock analysis is to determine whether it is undervalued, fairly valued, or overvalued and to make informed investment decisions.
Operating Margin
0.3048
Profit Margin
0.2875
Beta
1.441
Return On Assets
0.0718
Return On Equity
0.1605

Technical Drivers

As of the 26th of July, First Solar shows the Coefficient Of Variation of 1049.34, mean deviation of 2.69, and Downside Deviation of 3.42. First Solar technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the firm's future prices. Please confirm First Solar variance, value at risk, as well as the relationship between the Value At Risk and skewness to decide if First Solar is priced favorably, providing market reflects its regular price of 226.74 per share. Given that First Solar has jensen alpha of 0.5248, we urge you to verify First Solar's prevailing market performance to make sure the company can sustain itself at a future point.

First Solar Price Movement Analysis

Execute Study
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. First Solar middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for First Solar. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.

First Solar Insider Trading Activities

Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific First Solar insiders, such as employees or executives, is commonly permitted as long as it does not rely on First Solar's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases First Solar insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.

First Solar Outstanding Bonds

First Solar issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. First Solar uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most First bonds can be classified according to their maturity, which is the date when First Solar has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.

First Solar Predictive Daily Indicators

First Solar intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of First Solar stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.

First Solar Corporate Filings

F4
1st of July 2024
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
ViewVerify
F4
21st of June 2024
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
ViewVerify
F4
4th of June 2024
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
ViewVerify
F4
31st of May 2024
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
ViewVerify
F4
23rd of May 2024
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
ViewVerify
F4
22nd of May 2024
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
ViewVerify
21st of May 2024
Other Reports
ViewVerify
F4
13th of May 2024
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
ViewVerify

First Solar Forecast Models

First Solar's time-series forecasting models are one of many First Solar's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary First Solar's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

About First Stock Analysis

Stock analysis is the technique used by a trader or investor to examine and evaluate how First Solar prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling First shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as First Solar. By using and applying First Stock analysis, traders can create a robust methodology for identifying First entry and exit points for their positions.
Last ReportedProjected for Next Year
Pretax Profit Margin 0.27  0.28 
Operating Profit Margin 0.26  0.27 
Net Profit Margin 0.25  0.26 
Gross Profit Margin 0.39  0.41 

Current First Analysis - Recommendations

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. First analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. First analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Target PriceAdvice# of Analysts
237.57Strong Buy34Odds
First Solar current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most First analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand First stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of First Solar, talking to its executives and customers, or listening to First conference calls.
First Analyst Advice Details

First Stock Analysis Indicators

First Solar stock analysis indicators help investors evaluate how First Solar stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading First Solar shares will generate the highest return on investment. By understating and applying First Solar stock analysis, traders can identify First Solar position entry and exit signals to maximize returns.
Begin Period Cash Flow1.5 B
Total Stockholder Equity6.7 B
Capital Lease Obligations64.1 M
Property Plant And Equipment Net4.5 B
Cash And Short Term Investments2.1 B
Cash1.9 B
50 Day M A242.1784
Net Interest Income83.4 M
Total Current Liabilities1.3 B
Forward Price Earnings13.4409
Investments-869.7 M
Interest Expense13 M
Stock Based Compensation34.2 M
Long Term Debt464.1 M
Common Stock Shares Outstanding107.4 M
Tax Provision34 M
Quarterly Earnings Growth Y O Y4.514
Accounts Payable207.2 M
Net Debt-1.3 B
Other Operating Expenses2.4 B
Non Current Assets Total5.7 B
Liabilities And Stockholders Equity10.4 B
Non Currrent Assets Other545.4 M

Additional Tools for First Stock Analysis

When running First Solar's price analysis, check to measure First Solar's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy First Solar is operating at the current time. Most of First Solar's value examination focuses on studying past and present price action to predict the probability of First Solar's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move First Solar's price. Additionally, you may evaluate how the addition of First Solar to your portfolios can decrease your overall portfolio volatility.