Here Are the Facts You Need to Understand First Solar (FSLR)

Large-cap technology company First Solar has moved -4.8% this evening, reaching $136.32 per share. In contrast, the average analyst target price for the stock is $237.57.

First Solar, Inc. provides photovoltaic (PV) solar energy solutions in the United State, Japan, France, Canada, India, Australia, and internationally. The company is based in the United States.

What to Consider if You Are Thinking of Buying First Solar:

  • First Solar has moved -6.0% over the last year.

  • FSLR has a forward P/E ratio of 10.3 based on its EPS guidance of 13.19.

  • Over the last 6 years, earnings per share (EPS) have been growing at a compounded average rate of 1.3%.

  • The company has a price to earnings growth (PEG) ratio of 3.49.

  • Its Price to Book (P/B) ratio is 2.41

First Solar Has an Unconvincing Cash Flow History

Date Reported Cash Flow from Operations ($ k) Capital expenditures ($ k) Free Cash Flow ($ k) YoY Growth (%)
2023 799,914 1,303,813 -503,899 -1566.55
2022 873,369 903,605 -30,236 90.01
2021 237,559 540,291 -302,732 20.23
2020 37,120 416,635 -379,515 23.26
2019 174,201 668,717 -494,516 53.64
2018 -326,809 739,838 -1,066,647

First Solar's recent cash flow history is disappointing. They've averaged $-462.92 Million over the last 6 years while displaying a coefficient of variability of 314.1%. During this time, they grew at a 11.7% compounded yearly rate

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.