First Solar Inc (NASDAQ:FSLR) currently has a daily average trading volume of 2.80M but it saw 1926112 shares traded in last market. With a market cap of 13.90B USD, the company’s current market price of $129.82 came rising about 1.76 while comparing to the previous closing price of $127.57. In past 52 weeks, the stock remained buoying in the range of price level as high as $306.77 and as low as $120.60. In the recent trading on the day, stock has struck highest price mark of $125.67 while lowest mark touched by it was $129.97.
Taking a look at 20-day trading activity of First Solar Inc (FSLR) gives us an average price of $130.88, while its current price level is -57.68% below from 52-week high level whereas it is 7.65% 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 $147.23 while that of 200 days or SMA-200 reads an average of $196.68. A closer look into the stock’s movement over the week reveals that its volatility is standing at 4.52% during that period while stretching the period over a month that decreases to 4.44%. 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 42.24 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 2.75% up while it is -1.07% when we observe its performance for the past one month. Year-to-date it is -26.34% down and over the past year, the stock is showing a downside performance of -24.47%.
The company is expected to be releasing its next quarterly report on 2025-Feb-24, for which analysts forecasted an EPS of 2.5 while estimate for next year EPS is 18.46. In next quarter, company is expected to be making quarterly sales of $1.29B as analysts are expecting the sales for current fiscal year at $5.51B and seeing the company making $6.61B in sales next year. Moreover, analysts are in estimates of $863.11M for current-quarter revenue.
Currently, First Solar Inc’s total number of outstanding shares is 107.06M with 5.56% of that held by the insiders while 92.75% 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 10.80 while having a 5.03 of forward P/E ratio. Stock’s beta reads 1.46. Stock has a price to book (P/B) ratio of 1.74 while price to sale or P/S ratio amounts to 3.30. Its return on asset (ROA) is 11.49% on average.
