Here Are Some Essential Facts About First Solar

With gains of 5.1%, First Solar was one of the winners on Wall Street today. Its shares are now trading at $157.69 and have logged a -0.5% daily outperformance of the S&P 500. Don't join the feeding frenzy before checking some basic facts about this stock:

  • First Solar has moved 28.6% over the last year, and the S&P 500 logged a change of -19.7%

  • FSLR has an average analyst rating of buy and is 1.51% away from its mean target price of $155.34 per share

  • Its trailing earnings per share (Eps) is $0.99

  • First Solar has a trailing 12 month Price to Earnings (P/E) ratio of 159.3 while the S&P 500 average is 15.97

  • Its forward earnings per share (Eps) is $3.05 and its forward P/E ratio is 51.7

  • The company has a Price to Book (P/B) ratio of 2.9 in contrast to the S&P 500's average ratio of 2.95

  • First Solar is part of the Technology sector, which has an average P/E ratio of 26.5 and an average P/B of 5.57

  • The company has a free cash flow of $-639,333,120.00, which refers to the total sum of all its inflows and outflows of cash over the last quarter

  • First Solar, Inc. provides photovoltaic (PV) solar energy solutions in the United State, Japan, France, Canada, India, Australia, and internationally. The company designs, manufactures, and sells cadmium telluride solar modules that converts sunlight into electricity. It serves developers and operators of systems, utilities, independent power producers, commercial and industrial companies, and other system owners. 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.

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The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.