First Stock Analysis

FSLR -  USA Stock  

USD 76.97  1.56  1.99%

The small fall in market price for the last few months could raise concerns from retail investors as the firm it trading at a share price of 76.97 on 2,839,800 in volume. The company management teams did not add much value to First Solar investors in May. However, diversifying your holdings with First Solar or similar stocks can still protect your portfolio during high-volatility market scenarios. The stock standard deviation of daily returns for 90 days investing horizon is currently 2.81. The current volatility is consistent with the ongoing market swings in May 2021 as well as with First Solar unsystematic, company-specific events.
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The First Solar stock analysis report makes it easy to digest most publicly released information about First Solar and get updates on important government artifacts, including earning estimates, SEC corporate filings, and announcements. First stock analysis module also helps to analyze the First Solar price relationship with some important fundamental indicators such as market cap and management efficiency.

First Stock Analysis Notes

About 84.0% of the company shares are owned by institutional investors. The company has price-to-book (P/B) ratio of 1.44. Some equities with similar Price to Book (P/B) outperform the market in the long run. First Solar 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 5100 people. To learn more about First Solar call James Hughes at 602 414 9300 or check out http://www.firstsolar.com.

First Solar Quarterly Cost of Revenue

618.61 MillionShare

First Solar Investment Alerts

Many investors view ongoing market volatility as an opportunity to purchase more stocks at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. First Solar's investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding First Solar or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
First Solar generates negative expected return over the last 90 days
Over 84.0% of the company shares are owned by institutional investors
Latest headline from www.nasdaq.com: Sale by Kennedy R Craig of 550 shares of First Solar

First Solar Upcoming and Recent Events

Earnings reports are used by First Solar to provide an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Every quarterly earnings report provides investors with three things: an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to First Solar previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
Upcoming Quarterly Report5th of August 2021
Next Earnings Report26th of October 2021
Next Fiscal Quarter End30th of June 2021
Next Fiscal Year End24th of February 2022
Last Quarter Report31st of March 2021
Last Earning Announcement30th of June 2020

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
2017-12-31-0.2971-0.250.047115 
2020-08-06
2020-06-300.27770.350.072326 
View All Earnings Estimates

First Solar SEC Filings

SEC filings are important regulatory documents required of all public companies to provide to potential investors. First Solar prospectus issued under the guidelines of SEC is a legal declaration of facts and statements to ensure that First Solar investors are not misled. SEC filings are required by law to meet strict transparency standards and other important legal constraints. Although many companies may choose careful wording to disguise some material information, SEC filings make crucial First Solar specific information freely available to individual and institutional investors to make a timely investment decision.
13th of May 2021
Submission of Matters to a Vote of Security Holders
View
29th of April 2021
Financial Statements and Exhibits. Results of Operations and Financial Condition
View
19th of March 2021
Financial Statements and Exhibits. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers
View
25th of February 2021
Financial Statements and Exhibits. Results of Operations and Financial Condition
View
10th of February 2021
Unclassified Corporate Event
View
4th of February 2021
Unclassified Corporate Event
View
27th of January 2021
Unclassified Corporate Event
View
25th of January 2021
Financial Statements and Exhibits. Entry into a Material Definitive Agreement
View

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.
Climate Change IdeaClimate Change
A subset of companies across different industries and markets, that have embraced or working towards promoting renewable energy equipment, product, or services
Trump Equities IdeaTrump Equities
Companies that have responded positively to Trump presidency
Alternative Energy IdeaAlternative Energy
Companies, funds and ETFs that are involved in development and popularizing of alternative energy
Electronic Equipment IdeaElectronic Equipment
USA Equities from Electronic Equipment industry as classified by Fama & French

First Stock Institutional Investors

Have you ever been surprised when a price of an equity instrument such as First Solar is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading First Solar backward and forwards among themselves. First Solar's institutional investor refers to the entity that pools money to purchase First Solar's securities or originate loans. 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.
Security TypeSharesValue
Blackrock IncCommon Shares14.9 M1.3 B
Vanguard Group IncCommon Shares8.8 M765.4 M
Wellington Management Group LlpCommon Shares7.5 M658.6 M
Invesco LtdCommon SharesM432.1 M
Fmr LlcCommon Shares4.7 M410.4 M
Susquehanna International Group LlpCall Options2.7 M237.4 M
Schroder Investment Management GroupCommon Shares2.6 M230.9 M
State Street CorpCommon Shares2.5 M219.1 M
Susquehanna International Group LlpPut Options2.3 M196.8 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 'Mid-Cap' category with current market capitalization of 8.23 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate First Solar's market, we take the total number of its shares issued and multiply it by First Solar's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and these looking for more risk prefer small-cap and mid-cap equities.

First Profitablity

First Solar's profitability indicators refer to fundamental financial ratios that showcase First Solar's ability to generate income relative to its revenue or operating costs. If, let's say, First Solar is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, First Solar's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of First Solar's profitability requires more research than a typical breakdown of First Solar's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
The company has Profit Margin (PM) of 17.34 %, which can signify that it executes well on its competitive strategies and has good control over its expenditures. This is very large. Similarly, it shows Operating Margin (OM) of 23.5 %, which suggests for every 100 dollars of sales, it generated a net operating income of 0.24.
Last ReportedProjected for 2021
Return on Investment 5.59  5.21 
Return on Average Assets 0.06  0.06 
Return on Average Equity 0.07  0.08 
Return on Invested Capital 0.06  0.06 
Return on Sales 0.12  0.12 

Management Efficiency

The entity has return on total asset (ROA) of 4.1 % which means that it generated profit of $4.1 on every $100 spent on asset. This is normal as compared to the sector avarege. Similarly, it shows return on stockholders equity (ROE) of 9.52 %, meaning that it created $9.52 on every $100 dollars invested by stockholders. First Solar 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. First Solar Return on Average Assets are relatively stable at the moment as compared to the past year. First Solar reported last year Return on Average Assets of 0.06. As of 06/19/2021, Return on Average Equity is likely to grow to 0.08, while Return on Investment is likely to drop 5.21. First Solar Return on Average Assets are relatively stable at the moment as compared to the past year. First Solar reported last year Return on Average Assets of 0.06. As of 06/19/2021, Tangible Assets Book Value per Share is likely to grow to 73.24, while Total Assets Per Share are likely to drop 63.50.
Last ReportedProjected for 2021
Book Value per Share 52.15  55.21 
Enterprise Value over EBIT 30.00  32.37 
Enterprise Value over EBITDA 17.27  18.64 
Price to Book Value 1.90  1.54 
Tangible Assets Book Value per Share 66.48  73.24 
Enterprise Value9.5 B7.8 B
Tangible Asset ValueB7.5 B

Technical Drivers

As of the 19th of June, First Solar shows the coefficient of variation of (8,547), and Mean Deviation of 2.04. 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. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to break down and interpolate nineteen technical drivers for First Solar, which can be compared to its rivals. 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 76.97 per share. Given that First Solar has jensen alpha of (0.07), 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

The output start index for this execution was twenty-nine with a total number of output elements of thirty-two. View also all equity analysis or get more info about mavp overlap studies indicator.

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 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 Forecast Models

First Solar time-series forecasting models is one of many First Solar's stock analysis techniquest aimed to predict 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 stock market movement and maximize returns from investment trading.

About First Solar Stock Analysis

Stock analysis is the technique used by a trader or investor to examine and evaluate how First Solar stock is reacting to, or reflecting on a current stock 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 2021
Operating Margin 11.71  9.27 
EBITDA Margin 0.20  0.22 
Gross Margin 0.25  0.24 
Profit Margin 0.15  0.16 
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 5100 people.

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
96.45Hold11Odds
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.
Quick Ratio3.52
Fifty Two Week Low48.30
Revenue Growth51.00%
Average Daily Volume Last 10 Day2M
Shares Short Prior Month7.54M
Average Daily Volume In Three Month2.16M
Earnings Growth130.60%
Shares Percent Shares Out6.79%
Earnings Quarterly Growth131.20%
Gross Margins27.25%
Forward Price Earnings23.38
Short Percent Of Float7.76%
Float Shares93.54M
Fifty Two Week High112.50
Fifty Day Average76.27
Enterprise Value To Ebitda10.01
Two Hundred Day Average86.85
Enterprise Value To Revenue2.35
Please check Investing Opportunities. Note that the First Solar information on this page should be used as a complementary analysis to other First Solar's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.

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When running First Solar 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 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.
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The market value of First Solar is measured differently than its book value, which is the value of First that is recorded on the company's balance sheet. Investors also form their own opinion of First Solar's value that differs from its market value or its book value, called intrinsic value, which is First Solar's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because First Solar's market value can be influenced by many factors that don't directly affect First Solar underlying business (such as pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between First Solar's value and its price as these two are different measures arrived at by different means. Investors typically determine First Solar value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, First Solar's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.