Fundamentals for First Solar, Inc.
With a forward EPS greater than its trailing EPS, FSLR is forecasted to be more profitable this year than last. This growth expectation reflects confidence in the company's...
Business Operations:
Sector: TechnologyIndustry: Solar
First Solar, Inc., a solar technology company, provides photovoltaic (PV) solar energy solutions in the United States, France, India, Chile, and internationally. The company manufactures and sells PV solar modules with thin film semiconductor technology that provides conventional crystalline silicon PV solar modules. It also designs, manufactures, and sells cadmium telluride solar modules that convert sunlight into electricity. The company serves system developers, independent power producers, utilities, commercial and industrial companies, large corporate energy buyers, and other system owners and operators. The company was formerly known as First Solar Holdings, Inc. and changed its name to First Solar, Inc. in 2006. First Solar, Inc. was founded in 1999 and is headquartered in Tempe, Arizona.
Revenue projections:
Financial Ratios:
| currentRatio | 2.518000 |
|---|---|
| forwardPE | 7.521657 |
| debtToEquity | 1.880000 |
| earningsGrowth | 0.233000 |
| revenueGrowth | -0.037000 |
| grossMargins | 0.440160 |
| operatingMargins | 0.426420 |
| trailingEps | 16.210000 |
| forwardEps | 23.214300 |
FSLR's current ratio is 2.518, showing the company's capacity to service its short-term debt through its cash reserves and current assets. This is a positive indicator of liquidity, suggesting FSLR has no trouble covering its short-term financial obligations.
First Solar, Inc.'s positive gross and operating margins indicate strong financial performance. These margins show that the company is profitable and efficient in its operations, with effective cost control contributing to its overall financial success.
With a forward EPS greater than its trailing EPS, FSLR is forecasted to be more profitable this year than last. This growth expectation reflects confidence in the company's earnings potential and suggests an improving financial trajectory for the year ahead.
Price projections:
Insider Transactions:
FSLR saw 27 transactions in which shares were sold with market price at 225.8525961416739.Throughout the period under consideration, no sell transactions were recorded.The higher number of buys versus sells near FSLR's current price suggests optimism among investors. This buying trend could be interpreted as a sign that the market expects favorable outcomes for the stock in the near future.
Recommendation changes over time:
Analysts have maintained a buy bias for First Solar, Inc., which could prompt investors to consider the stock as a viable investment. With this positive outlook, First Solar, Inc. is positioned as an attractive option for those looking to park their money in a stable and potentially lucrative company.