First Solar Inc (NASDAQ:FSLR) currently has a daily average trading volume of 3.06M but it saw 5985761 shares traded in last market. With a market cap of 13.90B USD, the company’s current market price of $129.63 came rising about 7.68 while comparing to the previous closing price of $120.38. In past 52 weeks, the stock remained buoying in the range of price level as high as $306.77 and as low as $118.57. In the recent trading on the day, stock has struck highest price mark of $116.5625 while lowest mark touched by it was $130.31.
Taking a look at 20-day trading activity of First Solar Inc (FSLR) gives us an average price of $129.21, while its current price level is -57.74% below from 52-week high level whereas it is 9.33% 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 $143.36 while that of 200 days or SMA-200 reads an average of $193.32. A closer look into the stock’s movement over the week reveals that its volatility is standing at 11.12% during that period while stretching the period over a month that decreases to 5.92%. 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 46.46 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 -0.15% down while it is -6.81% when we observe its performance for the past one month. Year-to-date it is -26.45% down and over the past year, the stock is showing a downside performance of -27.67%.
The company is expected to be releasing its next quarterly report on 2025-Feb-24, for which analysts forecasted an EPS of 2.48 while estimate for next year EPS is 18.33. 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 $6.6B in sales next year. Moreover, analysts are in estimates of $843.61M 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 92.69% 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 10.79 while having a 5.06 of forward P/E ratio. Stock’s beta reads 1.37. 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.
