Home News Current Fundamentals: First Solar (NASDAQ: FSLR)

Current Fundamentals: First Solar (NASDAQ: FSLR)

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First Solar trades as part of the semiconductors industry and is in the technology sector. The company CEO is Mark R. Widmar. First Solar Inc is a provider of solar energy solutions. It designs, manufactures and sells PV solar modules with a thin-film semiconductor technology. It also manufactures crystalline silicon solar modules.

Previous Intraday Trading Performance:

The FSLR stock showed a previous change of 3.61% with an open at 59.55 and a close of 60.87. It reached an intraday high of 61.17 and a low of 59.29.

SeekingAlpha:  First Solar Update: Steady Progress

Liquidity:

The stock has a market cap of $6.4b with 105.4m shares outstanding, of which the float is 104.3m shares. Trading volume reached 1,214,585 shares compared to its average volume of 1,332,280 shares. Based on the current average volume and close price, the trading liquidity is good.

Historical Trading Performance:

Over the last five trading days, First Solar shares returned 5.20% and in the past 30 trading days it returned -1.22%. Over three months, it changed 15.96%. In one year it has changed -1.41% and within that year its 52-week high was 63.82 and its 52-week low was 36.51. FSLR stock is 66.72% above its 52 Week Low.

Our calculations show a 200 day moving average of 50.41 and a 50 day moving average of 58.46. Currently FSLR stock is trading 20.75% above its 200 day moving average.

SeekingAlpha:  First Solar Update: Steady Progress

Earnings:

The last annual fiscal EPS for the company was reported at 1.35 that ended on 31st of December 2018, which according to the previous close, that is a PE of 45.09. Based on 6 analyst estimates, the consensus EPS for the next quarter is -0.03. The TTM EPS is 1.35, which comes to a TTM PE of 45.09.

Below was the last reported quarterly diluted earnings per share:

1stQtr of 2019 (Reported on 05/02/2019): -0.64
4thQtr of 2018 (Reported on 02/21/2019): 0.49
3rdQtr of 2018 (Reported on 10/25/2018): 0.54
2ndQtr of 2018 (Reported on 07/26/2018): -0.46
1stQtr of 2018 (Reported on 04/26/2018): 0.78

Base on our calculations, the intrinsic value per share is 266.88, which means it is possibly undervalued and has a margin of safety of 77.19%.

Indicators to Watch:

Based on the latest filings, there is 98.70% of institutional ownership.

The current calculated beta is 1.30.

SeekingAlpha:  Time To Put Halcon Out Of Its Misery

Fundamental Indicators:

Based on last reported financials, the company’s return on assets is -0.09%, profit margin is -0.33%, price-to-sales is 2.80 and price-to-book is 1.21.

Company Scores:

All scores are out of six:
 3  :Valuation Score
 0  :Past Performance Score
 3  :Financial Strength Score
 3  :Future Growth Score
 0  :Dividend Score
 2  :Overall Score

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Worked for several Wall Street firms: Salomon Smith Barney, UBS, and Charles Schwab. Has developed skills and gained extensive experience over the years that is used today to uncover winning penny stocks.Also was an attorney for small businesses in Scottsdale, Arizona. That experience and understanding of law provides a unique perspective and edge in discovering quality companies in various industries.