Currently, there are 107.06M common shares owned by the public and among those 101.32M shares have been available to trade.
The company’s stock has a 5-day price change of 3.12% and -26.24% over the past three months. FSLR shares are trading -23.20% year to date (YTD), with the 12-month market performance down to -22.34% lower. It has a 12-month low price of $116.56 and touched a high of $306.77 over the same period. FSLR has an average intraday trading volume of 3.20 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 5.87%, -1.23%, and -28.33% respectively.
Institutional ownership of First Solar Inc (NASDAQ: FSLR) shares accounts for 91.48% of the company’s 107.06M shares outstanding.
It has a market capitalization of $14.51B and a beta (3y monthly) value of 1.41. The stock’s trailing 12-month PE ratio is 11.26, while the earnings-per-share (ttm) stands at $12.02. The company has a PEG of 0.33 and a Quick Ratio of 1.93 with the debt-to-equity ratio at 0.09. Price movements for the stock have been influenced by the stock’s volatility, which stands at 6.13% over the week and 6.74% over the month.
Analysts forecast that First Solar Inc (FSLR) will achieve an EPS of 2.48 for the current quarter, 4.01 for the next quarter and 26.09 for current fiscal year. The lowest estimate earnings-per-share for the quarter is 1.97 while analysts give the company a high EPS estimate of 1.97. Comparatively, EPS for the current quarter was 2.2 a year ago. Earnings per share for the fiscal year are expected to increase by 48.44%, and 41.76% over the next financial year.
Mizuho coverage for the First Solar Inc (FSLR) stock in a research note released on February 11, 2025 offered a Outperform rating with a price target of $259. Janney on their part issued Buy rating on October 29, 2024.
