First Solar Inc (NASDAQ:FSLR) currently has a daily average trading volume of 2.66M but it saw 3690200 shares traded in last market. With a market cap of 13.53B USD, the company’s current market price of $126.34 came falling about -3.89 while comparing to the previous closing price of $131.46. In past 52 weeks, the stock remained buoying in the range of price level as high as $306.77 and as low as $124.96. In the recent trading on the day, stock has struck highest price mark of $124.53 while lowest mark touched by it was $132.4999.
Taking a look at 20-day trading activity of First Solar Inc (FSLR) gives us an average price of $132.35, while its current price level is -58.82% below from 52-week high level whereas it is 1.10% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $153.27 while that of 200 days or SMA-200 reads an average of $200.66. A closer look into the stock’s movement over the week reveals that its volatility is standing at 4.36% during that period while stretching the period over a month that increases to 5.48%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 36.41 which implies that the stock is in neutral territory.
Mizuho upgraded its recommendation for the stock as a “Outperform” from “Neutral” on February 11, 2025 while assigning a price target range of $218-$259. Seaport Research Partners issued its recommendations for the stock as it upgraded the price target for the stock is $274.
Over the week, FSLR’s stock price is moving -2.32% down while it is -14.32% when we observe its performance for the past one month. Year-to-date it is -28.31% down and over the past year, the stock is showing a downside performance of -17.59%.
The company is expected to be releasing its next quarterly report on 2025-Feb-24, for which analysts forecasted an EPS of 2.51 while estimate for next year EPS is 18.48. In next quarter, company is expected to be making quarterly sales of $1.3B as analysts are expecting the sales for current fiscal year at $5.51B and seeing the company making $6.62B in sales next year. Moreover, analysts are in estimates of $861.25M for current-quarter revenue.
Currently, First Solar Inc’s total number of outstanding shares is 107.06M with 7.03% of that held by the insiders while 93.15% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at 15.30% and return on equity (ROE) at 17.62%. It has a price to earnings ratio (P/E ratio) of 10.52 while having a 4.89 of forward P/E ratio. Stock’s beta reads 1.48. Stock has a price to book (P/B) ratio of 1.70 while price to sale or P/S ratio amounts to 3.22. Its return on asset (ROA) is 11.49% on average.
