Price Target Analysis of First Solar, Inc. (FSLR)

The institutional investor owned 36,522 shares of the solar cell manufacturer's stock after selling 330,412 shares during the period. PA's holdings in First Solar were worth $1,060,000 as of its most recent filing with the SEC. Cornerstone Advisors Inc. increased its position in shares of First Solar by 2,220.9% in the third quarter. (FSLR) a rating of 2.79 on a scale of 1 to 5. During the past three month period the stock dropped -1.90% and decreased -5.85% in past six month. Intellectus Partners LLC acquired a new position in shares of First Solar during the fourth quarter valued at $634,000. (FSLR) reported its EPS in the last quarter as $1.24/Share beating the analyst estimate of $0.97/Share by the difference of $0.27. Franklin Resources Inc. now owns 6,269,614 shares of the solar cell manufacturer's stock valued at $201,193,000 after buying an additional 6,148,469 shares in the last quarter. Hedge funds and other institutional investors own 58.02% of the company's stock. They should not be utilized to make stock portfolio or financial decisions as they are based only on limited and open source information.

With a total market value of $0, First Solar, Inc. has with a one year low of $28.60 and a one year high of $72.62.

The stock price of firm is moving down from its 20 days moving average with -0.05% and remote isolated positively from 50 days moving average with 2.53%. Somehow, the stock managed to gain BUY ratings by 4 analysts in current tenure as 1 analyst having overweight ratings, 15 recommend as HOLD and 3 gave it as a SELL security for current period.

Analysts estimated $0.97/share for the previous Quarter, where First Solar, Inc. According to the Analysts, the Low Earnings estimate for the current quarter is $-0.28, while the High earnings estimate is $0.33.Comparatively, EPS for the same quarter a year ago was $0.7.

First Solar, Inc. Gross Margin percentage stands at 23.9% while its Operating Margin for trailing twelve month is -17 percent and Profit margin (ttm) is -12.1 Percent. The company earned $480.43 million during the quarter, compared to the consensus estimate of $412.76 million. Over the past month the firm's stock is -8.35%, -2.18% for the last quarter, -9.96% for the past six-months and -56.52% for the previous year.

This year, the company showed a disappointed -93.2 percent of growth.

More news: Cognizant Employees in India Fear Getting Laid Off

Per-share earnings forecasts can be stated as the guidance given by the street analysts as to how much gains a company will record depending on elements like sales, economic scenario, management, demand and competition. In recent action, FSLR has made a move of -2.28 over the past month. Finally, Roth Capital reiterated a neutral rating and set a $27.00 price objective on shares of First Solar in a research note on Tuesday, December 6th.

In looking at the data, the analysts reviewing the equity have revealed mean target price of $1.312 for Capstone Turbine Corporation (NASDAQ:CPST).

02/22/2017 - First Solar, Inc. was downgraded to " by analysts at Credit Suisse.

Over the period of 6 months, Insider Purchases show a total of 1 transaction in which 4000 shares were traded. Four investment analysts have rated the stock with a sell rating, eighteen have issued a hold rating and five have assigned a buy rating to the company.

Investors can rationally debate the correctness of these movements, but they can't reason about their impact on stock performance, which compiles both stock ratings and earnings estimates. (FSLR)'s stock to Sell with the price target of $21. Also, CFO Alexander R. Bradley sold 905 shares of the company's stock in a transaction on Thursday, March 9th. They issued a "sell" rating and a $21.00 target price on the stock. The disclosure for this sale can be found here. The Insider Ownership of the company now is 23.6 percent, and Institutional Ownership is 66 percent.

First Solar, Inc is a provider of photovoltaic (PV) solar energy solutions. The Company designs, manufactures and sells PV solar modules with a thin-film semiconductor technology. The Company operates through two segments: components and systems.

Related News:

  • Wildfires rage in Boulder, Colorado and western North Carolina

    Wildfires rage in Boulder, Colorado and western North Carolina

    Helena Small and her family were also among those evacuated. "We're really grateful for that". The fire is burning near the Seven Hills subdivision near Sunshine Canyon.
    Pujara double hundred gives India 152-run lead vs Australia

    Pujara double hundred gives India 152-run lead vs Australia

    It wasn't ideal but I have faith in the boys behind me. "Today the way he did that, his innings is worth 140 in my eyes". The genesis of Shaun Marsh and Peter Handscomb's game-saving partnership during the third Test came in Dubai last month.
    Not enough time for lengthy CBSE maths paper: Angry students

    Not enough time for lengthy CBSE maths paper: Angry students

    Other than the length of the paper, the reactions were varied regarding the level of difficulty. On the whole the question paper is easy and those who have worked hard can score full marks.
  • Senate Intelligence Chairmen Reject Trump Wiretapping Claims

    Senate Intelligence Chairmen Reject Trump Wiretapping Claims

    Comey is set to testify at a rare public hearing on Monday about alleged Russian meddling in the 2016 presidential election. Adam Schiff of California, declined to comment Friday evening.
    Wizards vs. Celtics final score: Washington stumbles to a 110-102 loss

    Wizards vs. Celtics final score: Washington stumbles to a 110-102 loss

    Bradley scored Boston's first five points, and seven the team's first 14 before finishing with an 11-point first quarter. However, Boston came alive soon after and went on several big runs to head into halftime with a 58-47 lead.
    Manchester City 1-1 Liverpool

    Manchester City 1-1 Liverpool

    Both sides failed to take advantage of a host of chances and had two penalty appeals each rejected in the first half. Odinbet is FREE to use, and statistical analysis for games played in world football's top 12 leagues.
  • No job offers for Saddam Hussain (no, not that one)

    No job offers for Saddam Hussain (no, not that one)

    But his university has refused to change his name on the certificates until his class 10 and 12 exam certificates are changed. In the absence of education documents under his new name, prospective employers are staying away from appointing him.
    Diplomacy with North Korea has 'failed'

    Diplomacy with North Korea has 'failed'

    South Korea is conducting joint military exercises with U.S. forces, and installation of the THAAD system begins this month. Secretary of State Tillerson before their meeting at at the Great Hall of the People on March 19, 2017 in Beijing, China.
    FBI Locates Tom Brady's Missing Super Bowl Jersey in Mexico

    FBI Locates Tom Brady's Missing Super Bowl Jersey in Mexico

    Earlier in the day, Houston Police Chief Art Acevedo took to Twitter to announce the potential recovery of Brady's jerseys. Glazer claimed this person "posed" as a member of the media, and was not actually affiliated with anyone.
  • Happiest country in the world revealed

    Happiest country in the world revealed

    In its new global health estimates on depression, WHO also said over three crore Indians suffered from anxiety disorders in 2015. On a scale from one to ten, Norway ranked the highest (7.537), just ahead of Denmark (7.522) and Iceland (7.504).
    Google Maps beta now offers parking reminder feature

    Google Maps beta now offers parking reminder feature

    Like much of Google Now , however, that feature was heavily dependent on context and sensors, giving little control to the user. The new option appears on the beta version in the form of a blue mark that you can tap to set the parking reminder.
    Warriors `furious' with Thunder over Kevin Durant's treatment

    Warriors `furious' with Thunder over Kevin Durant's treatment

    Still, the first game back after he left in the offseason for a hated rival was probably not the right venue for that recognition. Unexpectedly, Durant was met with vitriol as Thunder fans rained down insults and chants throughout the contest.

Most liked

Yankees' Didi Gregorius suffers right shoulder injury at World Baseball Classic
Gleyber Torres will likely not be one of the options considered, per Cashman, but Girardi has another possible idea. It's unclear how exactly Gregorius got hurt, but it could simply be one of those wear and tear baseball injuries.

Silver Wheaton Corp (NYSE:SLW) Mean Rating At ${{RATING_MEAN:40
The High Revenue estimate is predicted as 296.66 Million, while the Low Revenue Estimate prediction stands at 224.62 Million. Four research analysts have rated the stock with a hold rating and thirteen have issued a buy rating to the company's stock.

Furious Warriors whine about Thunder's Kevin Durant handling
The Warriors felt Durant should have been acknowledged or thanked in a news conference setting for his time with the Thunder . Durant was "emotionally drained" after leading the Warriors with 34 points in the 130-114 victory.

Second Victim of Herne, Germany Child Murderer Found
They warned the public not to approach the suspect, saying Hesse knew martial arts and could be armed and risky . The alleged killer also entered a chatroom after the murder and held his bloodstained hands up to the camera.

Worth Watching Stock: Physicians Realty Trust (NYSE:DOC)
Zacks Investment Research raised Agree Realty from a "sell" rating to a "hold" rating in a report on Thursday, January 5th. Federal Realty Investment Trust's (FRT) witnessed a gain of 1.01% in recent trading period with closing price of $ 129.62.

The Story Of Mass Effect: Andromeda
I'm not a die-hard Mass Effect loyalist and didn't hold up unrealistic hopes for this game. If you're dead set on playing the new Mass Effect game, don't say I didn't warn you.

Seres Therapeutics, Inc. (MCRB), Mylan NV (MYL)
ARK Investment Management LLC acquired a new stake in Seres Therapeutics during the fourth quarter worth about $4,871,000. Agile Therapeutics, Inc. (NASDAQ:AGRX) closed up +0.33 points or 13.98% at $2.69 with 1.29 mln shares exchanging hands.

Bad Times Continue For Uber, President And VP Quit
Although McClendon is stepping down from his primary role with the $68 billion company, he said he plans to stay on as an advisor. Mr Jones and Mr McClendon are the latest in a string of high-level executives to leave the company .

Motorcycle Rider Killed in Portland Crash Sunday Night
Tucson police have identified the man killed in a motorcycle crash on Friday afternoon as 25-year-old Roger Gonzalez-McDaniel. The right side of the motorcycle ran into the back of the sedan and the driver was thrown from the motorcycle.

Roger Stone responds to Comey hearing, denies claims of Russian Federation collusion
Stone did say that he is certain that Trump has not had any improper contact with Russian Federation . The political consultant said there's nothing to find. "I had no contact with Russians.

The Forbes billionaires list features a number of wealthy locals
Due to his taking a civil service job that pays about $500,000 per year - and distancing himself from his corporate empire - U.S. Forbes isn't the only publication tracking Trump's wealth to conclude that he is likely worth much less than he says he is.

Leaked Samsung Galaxy S8 images claim to show color options
The new Samsung Galaxy A7 2017 has 16 MP of front camera as well with f/1.9 aperture and the ability to record videos at 1080p. Pretty standard stuff, but I'm sure that there will be green, blue, or pink options available at some point after launch.

Social Security is expensive for recipients who also work
An SSA-1042S is for a noncitizen who lives outside the United States and received or repaid Social Security benefits past year . And when you die, your family (or future family) may be able to receive survivors benefits based on your work as well.

Republican health bill still alive despite renegade conservative votes
Negotiations will continue said Meadows, a South Carolina Republican, noting leadership has continued to ask what it will take to get them to yes.

Tillerson meets China's Xi
Tourism, transport business and cultural exchanges between China and South Korea have all reportedly suffered since the spat. North Korea is banned by the global community from pursuing nuclear and missile programmes but has defiantly ploughed ahead.