What Does The Data Behind First Solar, Inc. (NASDAQ:FSLR) Suggest?


First Solar, Inc. (NASDAQ:FSLR) closed its last session at $76.27. The stock traded within a range of $70.30 and $76.61. The company operates in the Technology sector with a market capitalization of 7.96 Million. Trading volume for First Solar, Inc. was 6.34 Million in its previous trading session. Currently, First Solar, Inc. (NASDAQ:FSLR) has an average volume of 2.46 Million.

Company Profile

First Solar, Inc. designs and manufactures solar modules with an advanced thin film semiconductor technology that is one of the lowest costs in the world. First Solar objective is to reduce the cost of solar electricity to levels that compete on a non-subsidized basis with the price of retail electricity in key markets throughout the world. From raw material sourcing through end-of-life module recycling, First Solar’s renewable energy systems protect and enhance the environment. By enabling clean renewable electricity at affordable prices, First Solar provides an economic alternative to peak conventional electricity and the related fossil fuel dependence, greenhouse gas emissions and peak time grid constraints.

Analyst Views

First Solar, Inc. (NASDAQ:FSLR) received a Buy rating from 2 analysts. 0 analysts gave its stock an Outperform rating. 2 analysts say it’s a Hold while 1 analysts provided their expert opinion as Sell.

First Solar, Inc. (NASDAQ:FSLR) touched its 1-Year High price of $76.61 on 01/11/18 and its 1-Year Low price of $25.56 on 04/06/17.

EPS & Financials

First Solar, Inc. (NASDAQ:FSLR) reported its EPS in the last quarter as $1.95/Share beating the analyst estimate of $0.84/Share by a difference of $1.11. This showed a surprise of 132.1% in the last quarter earnings.

For the current quarter, 12 analysts are projecting a mean EPS of $-0.31/share. According to their observations and findings, the stock could provide a high EPS of $-0.24/share and a low EPS of $-0.41/share.

Analysts believe that the company has the potential to earn average revenue of $461.53 Million for the current quarter. According to their predictions high & low revenue estimates are 799.9 Million and 371.4 Million respectively.

Technical Analysis

By taking a look at the stock’s current statistics it can gauged that the stock candle is BULLISH with HIGH volatility. First Solar, Inc. (NASDAQ:FSLR) has a 20-Day average volume of 1.69 Million. According to today’s trading volume First Solar, Inc. is ABOVE its 20-Day Avg. volume with the stock showing ABOVE Abnormal volume in the past 150 days.

Moving average convergence divergence (MACD) shows that the stock is on a PRICE RELATIVITY trend. The trend for the past 10-days shows that the company was in BULLISH territory while an analysis of the last 40-Day trend shows a BULLISH signal. The 100-Day trend also shows a BULLISH trend as well.

The company currently has an insider ownership of 0.4 Percent and Institutional ownership of 54.1 Percent. The return on assets stands at -6.3%, Return on Equity currently is -8.1% and the Return on Investment value is -10.4%.

First Solar, Inc. (NASDAQ:FSLR) gross margin percentage stands at 17.9% while its operating margin for the past trailing twelve month is -17.9 percent and its overall profit margin (ttm) is -13.9 Percent. The stock is currently moving above its 20-Day Simple Moving Average of 10.44% with a 50-Day Simple Moving Average of 18.41 percent. As of today, the company has a SMA200 (200-day simple moving average) of 63.04 Percent. The Stock has YTD (year to date) performance of 12.96 percent.

The TTM operating margin for the company stands at -17.9%. The return on invested capital is at -10.4%, which is good, compared to its peers. The Free Cash Flow or FCF margin is 9.87.

The company’s stock is currently moving with a +ve distance from the 200 day SMA of approximately 63.04%, and has a solid year to date (YTD) performance of 12.96% which means that the stock is constantly adding to its value from the previous fiscal year end price.