First Solar Stock Today
| FSLR Stock | USD 177.48 2.62 1.45% |
Performance9 of 100
| Odds Of DistressLess than 5
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First Solar is selling at 177.48 as of the 25th of April 2024; that is -1.45 percent decrease since the beginning of the trading day. The stock's lowest day price was 174.93. First Solar has under 5 % chance of experiencing financial distress over the next 2 years but had a somewhat ok performance during the last 90 days. Equity ratings for First Solar are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 1st of May 2023 and ending today, the 25th of April 2024. Click here to learn more.
Business Domain Semiconductors & Semiconductor Equipment | IPO Date 17th of November 2006 | Category Technology | Classification Information Technology |
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. The company has 107.04 M outstanding shares of which 4.77 M shares are currently shorted by private and institutional investors with about 2.08 trading days to cover. More on First Solar
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First Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. First Solar's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding First Solar or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO and Director | James Hughes | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Thematic Ideas | Showing 3 out of 5 themes | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Semiconductors & Semiconductor Equipment, Information Technology, SP 500 Index, NASDAQ Composite, Dow Jones Oil, NASDAQ Composite Total, Trump Equities, Electronic Equipment, Macroaxis Picks, Alternative Energy, Climate Change, Information Technology, Semiconductors & Semiconductor Equipment, Solar, Technology (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation Analysts covering First Solar report their recommendations after researching First Solar's financial statements, talking to executives and customers, or listening in on First Solar's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering First Solar. The First consensus assessment is calculated by taking the average forecast from all of the analysts covering First Solar. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Financial Strength Based on the analysis of First Solar's profitability, liquidity, and operating efficiency, First Solar may be sliding down financialy. It has an above-average probability of going through some form of financial hardship next quarter. Financial strength of First Solar is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
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First Solar's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to First Solar's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand First Solar's financial leverage. It provides some insight into what part of First Solar's total assets is financed by creditors.
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First Solar (FSLR) is traded on NASDAQ Exchange in USA. It is located in 350 West Washington Street, Tempe, AZ, United States, 85288 and employs 6,700 people. First Solar is listed under Semiconductors & Semiconductor Equipment category by Fama And French industry classification. The company currently falls under 'Large-Cap' category with a current market capitalization of 19.28 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 those looking for more risk prefer small-cap and mid-cap equities. First Solar conducts business under Semiconductors & Semiconductor Equipment sector and is part of Information Technology industry. The entity has 107.04 M outstanding shares of which 4.77 M shares are currently shorted by private and institutional investors with about 2.08 trading days to cover.
First Solar currently holds about 1.85 B in cash with 602.26 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 17.31.
Check First Solar Probability Of Bankruptcy
Ownership AllocationFirst Solar retains a total of 107.04 Million outstanding shares. The majority of First Solar outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to obtain positions in First Solar to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in First Solar. Please pay attention to any change in the institutional holdings of First Solar as this could imply that something significant has changed or is about to change at the company. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.
Check First Ownership Details
First Stock Price Odds Analysis
In regard to a normal probability distribution, the odds of First Solar jumping above the current price in 90 days from now is about 6.32%. The First Solar probability density function shows the probability of First Solar stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days the stock has a beta coefficient of 1.5301. This usually indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, First Solar will likely underperform. Additionally, first Solar has an alpha of 0.2076, implying that it can generate a 0.21 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of First Solar to move above the current price in 90 days from now is about 6.32 (This First Solar probability density function shows the probability of First Stock to fall within a particular range of prices over 90 days) .
First Stock Institutional Holders
Institutional Holdings refers to the ownership stake in First Solar that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of First Solar's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing First Solar's value.| Instituion | Recorded On | Shares | |
| Ing Investment Management Llc | 2023-12-31 | 1.8 M | |
| Samlyn Capital, Llc | 2023-12-31 | 1.8 M | |
| Norges Bank | 2023-12-31 | 1.7 M | |
| Amundi | 2023-12-31 | 1.4 M | |
| Morgan Stanley - Brokerage Accounts | 2023-12-31 | 1.3 M | |
| Jane Street Group, Llc | 2023-12-31 | 1.2 M | |
| Northern Trust Corp | 2023-12-31 | 1 M | |
| Deutsche Bank Ag | 2023-12-31 | 888 K | |
| Legal & General Group Plc | 2023-12-31 | 876.3 K | |
| Blackrock Inc | 2023-12-31 | 12.6 M | |
| Vanguard Group Inc | 2023-12-31 | 12.2 M |
First Solar Historical Income Statement
First Solar Income Statement is one of the three primary financial statements used for reporting First's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of First Solar revenue and expense. First Solar Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, First Solar's Extraordinary Items is relatively stable compared to the past year. As of 04/25/2024, Net Income From Continuing Ops is likely to grow to about 497.7 M, while Other Operating Expenses is likely to drop slightly above 2 B. View More FundamentalsFirst Stock Against Markets
Picking the right benchmark for First Solar stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in First Solar stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for First Solar is critical whether you are bullish or bearish towards First Solar at a given time. Please also check how First Solar's historical prices are related to one of the top price index indicators.
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Our tools can tell you how much better you can do entering a position in First Solar without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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First Solar Corporate Directors
First Solar corporate directors refer to members of a First Solar board of directors. The board of directors generally takes responsibility for the First Solar's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of First Solar's board members must vote for the resolution. The First Solar board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Michael Sweeney | Independent Director | Profile | |
| Richard Chapman | Independent Director | Profile | |
| Joel Presby | Independent Director | Profile | |
| Thomas Presby | Independent Director | Profile |
How to buy First Stock?
Before investing in First Solar, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in First Solar. To buy First Solar stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of First Solar. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase First Solar stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located First Solar stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased First Solar stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as First Solar, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy First Stock please use our How to Invest in First Solar guide.
Already Invested in First Solar?
The danger of trading First Solar is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of First Solar is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than First Solar. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile First Solar is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether First Solar is a strong investment it is important to analyze First Solar's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact First Solar's future performance. For an informed investment choice regarding First Stock, refer to the following important reports: 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 tightly coupled 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.You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.
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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.
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Is First Solar's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of First Solar. If investors know First will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about First Solar listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 2.058 | Earnings Share 7.74 | Revenue Per Share 31.075 | Quarterly Revenue Growth 0.156 | Return On Assets 0.0595 |
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's underlying business (such as a 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 if First Solar is a good investment 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.