Is First Solar Stock a Good Investment?
First Solar Investment Advice | FSLR |
- Examine First Solar's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research First Solar's leadership team and their track record. Good management can help First Solar navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Semiconductors & Semiconductor Equipment space and any emerging trends that could impact First Solar's business and its evolving consumer preferences.
- Compare First Solar's performance and market position to its competitors. Analyze how First Solar is positioned in terms of product offerings, innovation, and market share.
- Check if First Solar pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about First Solar's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in First Solar stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that 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. Below is a detailed guide on how to decide if First Solar is a good investment.
Sell | Buy |
Strong Sell
Market Performance | Very Weak | Details | |
Volatility | Very steady | Details | |
Hype Condition | Low key | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Very Low | Details | |
Economic Sensitivity | Slowly supersedes the market | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Strong Buy | Details | |
Financial Strenth (F Score) | Strong | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Examine First Solar Stock
Researching First Solar's stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 90.0% of the company shares are owned by institutional investors. The book value of First Solar was currently reported as 70.93. The company has Price/Earnings To Growth (PEG) ratio of 0.27. First Solar recorded earning per share (EPS) of 11.61. The entity had not issued any dividends in recent years.
To determine if First Solar is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding First Solar's research are outlined below:
First Solar generated a negative expected return over the last 90 days | |
First Solar has high historical volatility and very poor performance | |
First Solar has a strong financial position based on the latest SEC filings | |
Over 90.0% of the company shares are owned by institutional investors | |
Latest headline from cleantechnica.com: I Really Wish I Could Love This Solar-Powered Electric Cargo Scooter |
First Solar Quarterly Accounts Payable |
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First Solar uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in First Solar. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to First Solar's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
27th of February 2024 Upcoming Quarterly Report | View | |
25th of April 2024 Next Financial Report | View | |
31st of December 2023 Next Fiscal Quarter End | View | |
27th of February 2024 Next Fiscal Year End | View | |
30th of September 2023 Last Quarter Report | View | |
31st of December 2022 Last Financial Announcement | View |
Earnings surprises can significantly impact First Solar's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate. Below are the table of largest EPS Surprises First Solar's investors have experienced.
Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
---|---|---|---|---|---|---|---|
2007-07-31 | 2007-06-30 | 0.03 | 0.07 | 0.04 | 133 | ||
2018-02-22 | 2017-12-31 | -0.31 | -0.25 | 0.06 | 19 | ||
2023-02-28 | 2022-12-31 | -0.16 | -0.07 | 0.09 | 56 | ||
2008-04-30 | 2008-03-31 | 0.48 | 0.57 | 0.09 | 18 | ||
2014-02-25 | 2013-12-31 | 0.99 | 0.89 | -0.1 | 10 | ||
2018-10-25 | 2018-09-30 | 0.41 | 0.54 | 0.13 | 31 | ||
2013-08-06 | 2013-06-30 | 0.52 | 0.39 | -0.13 | 25 | ||
2019-02-21 | 2018-12-31 | 0.64 | 0.49 | -0.15 | 23 |
Know First Solar's Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as First Solar is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading First Solar backward and forwards among themselves. First Solar's institutional investor refers to the entity that pools money to purchase First Solar's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Shares | Jpmorgan Chase & Co | 2024-06-30 | 1.4 M | Norges Bank | 2024-06-30 | 1.4 M | Ubs Asset Mgmt Americas Inc | 2024-09-30 | 1.3 M | Amundi | 2024-06-30 | 1.3 M | Schroder Investment Management Group | 2024-06-30 | 1.3 M | Wellington Management Company Llp | 2024-06-30 | 1.2 M | Samlyn Capital, Llc | 2024-06-30 | 1.1 M | Dimensional Fund Advisors, Inc. | 2024-09-30 | 988.1 K | Northern Trust Corp | 2024-09-30 | 955.4 K | Vanguard Group Inc | 2024-09-30 | 12.7 M | Blackrock Inc | 2024-06-30 | 11.3 M |
First Solar's market capitalization trends
The company currently falls under 'Large-Cap' category with a current market capitalization of 19.79 B.Market Cap |
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First Solar's profitablity analysis
Last Reported | Projected for Next Year | ||
Return On Tangible Assets | 0.08 | 0.08 | |
Return On Capital Employed | 0.09 | 0.10 | |
Return On Assets | 0.08 | 0.08 | |
Return On Equity | 0.12 | 0.11 |
Determining First Solar's profitability involves analyzing its financial statements and using various financial metrics to determine if First Solar is a good buy. For example, gross profit margin measures First Solar's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of First Solar's profitability and make more informed investment decisions.
Evaluate First Solar's management efficiency
First Solar has return on total asset (ROA) of 0.079 % which means that it generated a profit of $0.079 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.1796 %, meaning that it created $0.1796 on every $100 dollars invested by stockholders. First Solar's management efficiency ratios could be used to measure how well First Solar manages its routine affairs as well as how well it operates its assets and liabilities. At this time, First Solar's Return On Tangible Assets are relatively stable compared to the past year. As of 11/21/2024, Return On Capital Employed is likely to grow to 0.1, while Return On Equity is likely to drop 0.11. At this time, First Solar's Return On Assets are relatively stable compared to the past year. As of 11/21/2024, Asset Turnover is likely to grow to 0.33, while Non Currrent Assets Other are likely to drop slightly above 728.1 M.Last Reported | Projected for Next Year | ||
Book Value Per Share | 62.62 | 65.75 | |
Tangible Book Value Per Share | 61.74 | 64.82 | |
Enterprise Value Over EBITDA | 14.30 | 15.02 | |
Price Book Value Ratio | 2.75 | 4.35 | |
Enterprise Value Multiple | 14.30 | 15.02 | |
Price Fair Value | 2.75 | 4.35 | |
Enterprise Value | 5.9 B | 5.7 B |
The decision-making processes within First Solar are key to its success in a competitive market. By evaluating these processes, we assess the stock's potential for future gains.
Beta 1.481 |
Basic technical analysis of First Stock
As of the 21st of November, First Solar shows the Variance of 13.8, mean deviation of 2.61, and Standard Deviation of 3.72. First Solar technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the firm's future prices. Please confirm First Solar market risk adjusted performance, information ratio, as well as the relationship between the Information Ratio and skewness to decide if First Solar is priced favorably, providing market reflects its regular price of 181.95 per share. Given that First Solar has information ratio of (0.08), we urge you to verify First Solar's prevailing market performance to make sure the company can sustain itself at a future point.First Solar's insider trading activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific First Solar insiders, such as employees or executives, is commonly permitted as long as it does not rely on First Solar's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases First Solar insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
First Solar's Outstanding Corporate Bonds
First Solar issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. First Solar uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most First bonds can be classified according to their maturity, which is the date when First Solar has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
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Understand First Solar's technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing First Solar's various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
Risk Adjusted Performance | (0.03) | |||
Market Risk Adjusted Performance | (0.55) | |||
Mean Deviation | 2.61 | |||
Coefficient Of Variation | (1,879) | |||
Standard Deviation | 3.72 | |||
Variance | 13.8 | |||
Information Ratio | (0.08) | |||
Jensen Alpha | (0.24) | |||
Total Risk Alpha | (0.63) | |||
Treynor Ratio | (0.56) | |||
Maximum Drawdown | 25.32 | |||
Value At Risk | (5.97) | |||
Potential Upside | 5.77 | |||
Skewness | 0.7509 | |||
Kurtosis | 4.3 |
Risk Adjusted Performance | (0.03) | |||
Market Risk Adjusted Performance | (0.55) | |||
Mean Deviation | 2.61 | |||
Coefficient Of Variation | (1,879) | |||
Standard Deviation | 3.72 | |||
Variance | 13.8 | |||
Information Ratio | (0.08) | |||
Jensen Alpha | (0.24) | |||
Total Risk Alpha | (0.63) | |||
Treynor Ratio | (0.56) | |||
Maximum Drawdown | 25.32 | |||
Value At Risk | (5.97) | |||
Potential Upside | 5.77 | |||
Skewness | 0.7509 | |||
Kurtosis | 4.3 |
Consider First Solar's intraday indicators
First Solar intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of First Solar stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Accumulation Distribution | 71414.45 | |||
Daily Balance Of Power | (0.45) | |||
Rate Of Daily Change | 0.98 | |||
Day Median Price | 185.03 | |||
Day Typical Price | 184.0 | |||
Price Action Indicator | (4.53) | |||
Period Momentum Indicator | (2.89) | |||
Relative Strength Index | 42.57 |
First Stock media impact
Far too much social signal, news, headlines, and media speculation about First Solar that are available to investors today. That information is available publicly through First media outlets and privately through word of mouth or via First internal channels. However, regardless of the origin, that massive amount of First data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of First Solar news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of First Solar relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to First Solar's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive First Solar alpha.
First Solar Historical Investor Sentiment
Investor biases related to First Solar's public news can be used to forecast risks associated with an investment in First. The trend in average sentiment can be used to explain how an investor holding First can time the market purely based on public headlines and social activities around First Solar. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
First Solar's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for First Solar and other traded tickers. The bigger the bubble, the more accurate the estimated score. Higher bars for a given day show more participation in the average First Solar news discussions. The higher the estimate score, the more favorable the investor's outlook on First Solar.
First Solar Corporate Management
Jason Dymbort | General VP | Profile | |
Mitchell Ennis | Ma Relations | Profile | |
Caroline Stockdale | Chief Officer | Profile | |
Kuntal Verma | Chief Officer | Profile | |
Byron Jeffers | Chief Accounting Officer | Profile | |
Patrick Buehler | Chief Officer | Profile |
Additional Tools for First Stock Analysis
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.