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First Solar, Inc., a solar technology company, provides photovoltaic (PV) solar energy solutions in the United States, France, Japan, Chile, and internationally. The company manufactures and sells PV solar modules with a thin film semiconductor technology that provides a lower-carbon alternative to conventional crystalline silicon PV solar modules. It designs, manufactures, and sells cadmium telluride solar modules that converts sunlight into electricity. The company's residual business operations include project development activities, operations and maintenance services, and the sale of PV solar power systems to third-party customers. 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. more
| Time Frame | FSLR | Sector | S&P500 |
|---|---|---|---|
| 1-Week Return | 2.11% | 2.63% | 1.64% |
| 1-Month Return | 16.69% | -4.84% | -2.94% |
| 3-Month Return | 20.9% | -1.9% | 3.53% |
| 6-Month Return | 18.25% | 23.83% | 22.95% |
| 1-Year Return | -10.42% | 36.34% | 26.43% |
| 3-Year Return | 99.05% | 41.32% | 26.19% |
| 5-Year Return | 190.43% | 164.42% | 86.42% |
| 10-Year Return | 171.13% | 525.65% | 224.48% |
| Dec '19 | Dec '20 | Dec '21 | Dec '22 | Dec '23 | 5YR TREND | |
|---|---|---|---|---|---|---|
| Total Revenue | 3.06B | 2.71B | 2.92B | 2.62B | 3.32B | [{"date":"2019-12-31","value":92.3,"profit":true},{"date":"2020-12-31","value":81.7,"profit":true},{"date":"2021-12-31","value":88.09,"profit":true},{"date":"2022-12-31","value":78.93,"profit":true},{"date":"2023-12-31","value":100,"profit":true}] |
| Cost of Revenue | 2.51B | 2.03B | 2.19B | 2.55B | 2.02B | [{"date":"2019-12-31","value":98.61,"profit":true},{"date":"2020-12-31","value":79.65,"profit":true},{"date":"2021-12-31","value":86.03,"profit":true},{"date":"2022-12-31","value":100,"profit":true},{"date":"2023-12-31","value":79.15,"profit":true}] |
| Gross Profit | 549.21M | 680.67M | 729.95M | 69.86M | 1.30B | [{"date":"2019-12-31","value":42.23,"profit":true},{"date":"2020-12-31","value":52.33,"profit":true},{"date":"2021-12-31","value":56.12,"profit":true},{"date":"2022-12-31","value":5.37,"profit":true},{"date":"2023-12-31","value":100,"profit":true}] |
| Gross Margin | 17.93% | 25.10% | 24.97% | 2.67% | 39.19% | [{"date":"2019-12-31","value":45.75,"profit":true},{"date":"2020-12-31","value":64.05,"profit":true},{"date":"2021-12-31","value":63.71,"profit":true},{"date":"2022-12-31","value":6.8,"profit":true},{"date":"2023-12-31","value":100,"profit":true}] |
| Operating Expenses | 348.00M | 357.18M | 290.49M | 350.61M | 414.71M | [{"date":"2019-12-31","value":83.91,"profit":true},{"date":"2020-12-31","value":86.13,"profit":true},{"date":"2021-12-31","value":70.05,"profit":true},{"date":"2022-12-31","value":84.54,"profit":true},{"date":"2023-12-31","value":100,"profit":true}] |
| Operating Income | 62.17M | 95.19M | 186.06M | (216.27M) | 857.27M | [{"date":"2019-12-31","value":7.25,"profit":true},{"date":"2020-12-31","value":11.1,"profit":true},{"date":"2021-12-31","value":21.7,"profit":true},{"date":"2022-12-31","value":-25.23,"profit":false},{"date":"2023-12-31","value":100,"profit":true}] |
| Total Non-Operating Income/Expense | (160.48M) | 190.52M | 379.17M | 245.93M | 4.02M | [{"date":"2019-12-31","value":-42.32,"profit":false},{"date":"2020-12-31","value":50.25,"profit":true},{"date":"2021-12-31","value":100,"profit":true},{"date":"2022-12-31","value":64.86,"profit":true},{"date":"2023-12-31","value":1.06,"profit":true}] |
| Pre-Tax Income | (120.13M) | 293.19M | 572.16M | 8.60M | 891.29M | [{"date":"2019-12-31","value":-13.48,"profit":false},{"date":"2020-12-31","value":32.9,"profit":true},{"date":"2021-12-31","value":64.19,"profit":true},{"date":"2022-12-31","value":0.96,"profit":true},{"date":"2023-12-31","value":100,"profit":true}] |
| Income Taxes | (5.48M) | (107.29M) | 103.47M | 52.76M | 60.51M | [{"date":"2019-12-31","value":-5.3,"profit":false},{"date":"2020-12-31","value":-103.7,"profit":false},{"date":"2021-12-31","value":100,"profit":true},{"date":"2022-12-31","value":50.99,"profit":true},{"date":"2023-12-31","value":58.48,"profit":true}] |
| Income After Taxes | (114.65M) | 400.48M | 468.69M | (44.17M) | 830.78M | [{"date":"2019-12-31","value":-13.8,"profit":false},{"date":"2020-12-31","value":48.21,"profit":true},{"date":"2021-12-31","value":56.42,"profit":true},{"date":"2022-12-31","value":-5.32,"profit":false},{"date":"2023-12-31","value":100,"profit":true}] |
| Income From Continuous Operations | (114.65M) | 400.48M | 468.69M | (44.17M) | 473.99M | [{"date":"2019-12-31","value":-24.19,"profit":false},{"date":"2020-12-31","value":84.49,"profit":true},{"date":"2021-12-31","value":98.88,"profit":true},{"date":"2022-12-31","value":-9.32,"profit":false},{"date":"2023-12-31","value":100,"profit":true}] |
| Income From Discontinued Operations | - | - | - | - | - | [{"date":"2019-12-31","value":"-","profit":true},{"date":"2020-12-31","value":"-","profit":true},{"date":"2021-12-31","value":"-","profit":true},{"date":"2022-12-31","value":"-","profit":true},{"date":"2023-12-31","value":"-","profit":true}] |
| Net Income | (114.65M) | 398.36M | 468.69M | (44.17M) | 830.78M | [{"date":"2019-12-31","value":-13.8,"profit":false},{"date":"2020-12-31","value":47.95,"profit":true},{"date":"2021-12-31","value":56.42,"profit":true},{"date":"2022-12-31","value":-5.32,"profit":false},{"date":"2023-12-31","value":100,"profit":true}] |
| EPS (Diluted) | 1.49 | 3.77 | 3.22 | (1.34) | 7.74 | [{"date":"2019-12-31","value":19.25,"profit":true},{"date":"2020-12-31","value":48.71,"profit":true},{"date":"2021-12-31","value":41.6,"profit":true},{"date":"2022-12-31","value":-17.31,"profit":false},{"date":"2023-12-31","value":100,"profit":true}] |
These ratios help you determine the liquidity of the company. Higher is better.
| FSLR | |
|---|---|
| Cash Ratio | 1.61 |
| Current Ratio | 3.55 |
| Quick Ratio | 2.77 |
These ratios help you understand the company's efficiency in using its assets to generate returns. Higher is better. For ROE, average long term is around 14%, less than 10% is poor.
| FSLR | |
|---|---|
| ROA (LTM) | 5.95% |
| ROE (LTM) | 13.27% |
These ratios help you understand the company's liabilities, gauging the riskiness of the investment.
| FSLR | |
|---|---|
| Debt Ratio Lower is generally better. Negative is bad. | 0.35 |
| Common Equity/Total Assets Higher is better. Lower can suggest investment is riskier. | 0.65 |
| Debt/Equity The higher the number, the more leverage the business employs, the riskier the investment typically is. | 1.55 |
These ratios help you understand the company's valuation. Lower may indicate cheaper stocks.
| FSLR | |
|---|---|
| Trailing PE | 22.93 |
| Forward PE | 13.44 |
| P/S (TTM) | 5.89 |
| P/B | 2.92 |
| Price/FCF | 89 |
| EV/R | 5.44 |
| EV/Ebitda | 14.89 |
| PEG | 0.01 |
The end of the first quarter means another volatile earnings season. United States equities ended Q1 on a high note after an overall positive Q4 earning season. The two major U.S. stock market indices, the S&P 500 and the Nasdaq Composite , ended the first quarter up 10.2% and 9.1%, respectively. The small- to mid-cap index, the Russell 2000 , trailed behind, only having risen 4.8% for the first quarter. Trading in the second quarter has been less uplifting. Macroeconomic volatility has come back into view with analysts questioning how long interest rates will remain high. Moreover, the high trading multiples that U.S. equities have risen to have led to a lot of selling pressure in Q2. Companies that could find their share prices swinging are growth stocks . These are public companies that are expected to grow revenue and earnings significantly from period to period. If macroeconomic volatility casts doubt on the general business outlook, these three growth stocks could be landmines. SentinelOne (S) Source: Tada Images / Shutterstock.com SentinelOne (NYSE: S ) is a global provider of cloud-based cybersecurity solutions, best known for its “Singularity Extended Detection and Response Platform.” The concept utilizes artificial intelligence to power cybersecurity solutions for an organization’s cloud network.
''Mad Money'' host Jim Cramer weighs in on stock including: CloudFlare, Axon Enterprise, First Solar, Vista Energy, Crown Castle, Astera Labs, and Liquidia.
The case for multibagger solar stocks is not particularly convincing at this point. One of the biggest reasons for the shift is California’s new net metering policies, which make it significantly less attractive for Californian residents to send surplus electricity back to the grid. Furthermore, you have the rising interest rates diminishing the value of future cash flows that most solar companies rely on. Most solar projects are financed over long periods ranging from a decade to sometimes over 25 years. If that wasn’t enough, material and labor costs have risen substantially in the past year, which made 2023 a forgettable year for the industry. Looking ahead, there are signs of a market bottom, which makes it attractive to pick up some of the top solar stocks at current prices. The need for renewable solar energy is undeniable, and the potential for added services, including energy storage and electric vehicle (EV) charging stations, suggests robust growth potential. That said, here ar three multibagger solar stocks worth betting on now.
Solar stocks might boom in 2024 as the Federal Reserve considers reducing rates three times after hiking them 11 times in a year and a half. Additionally, with inflation decreasing, markets are bullish, but solar equities are not. While the S&P 500 is up 6%, the Invesco Solar ETF (NYSEARCA: TAN ) is down 23% this year, bucking the dovish Fed’s market optimism. However, the solar sector is growing steadily. Global photovoltaic installations rose in 2023, with China adding 260 GWdc . Global installations should rise in 2024. In 2023, residential and utility-scale solar installations set a record in the U.S. The U.S. recorded module import and energy storage system installation. Solar technology component and module imports have increased due to duties exemptions. These adoption rates show solar companies are cheap. We will examine three cheap solar companies with double- to triple-digit potential. The upside might be significantly bigger as the market grows from $82 billion in 2023 to $260 billion in 2031.
Amid escalating geopolitical flashpoints, a clear lesson is emerging for western economies, which may lead to a renaissance for alternative energy stocks . The world continues to run on hydrocarbons and that might not change in the foreseeable future. Still, potential disruptions force a discussion for backup plans. Currently, tensions in the Middle East have resulted in two nations exchanging missile attacks. For now, both sides appear to want to cool the temperature. Nevertheless, a miscalculation could send the situation spiraling out of control. Combine this matter with the military conflict in Europe and oil supply chains – particularly to western nations – could be compromised. Granted, circumstances won’t change overnight. However, the flashpoints across multiple regions in the world gave as loud of a wake-up call as possible. With that, below are alternative energy stocks to consider. NextEra Energy (NEE) Source: IgorGolovniov/Shutterstock.com One of the top players among alternative energy stocks, NextEra Energy (NYSE: NEE ) generates, transmits, distributes and sells electric power to retail and wholesale customers in North America.
First Solar Inc (FSLR) share price today is $178.73
Yes, Indians can buy shares of First Solar Inc (FSLR) on Vested. To buy First Solar Inc from India, you can open a US Brokerage account on Vested today by clicking on Sign Up or Invest in FSLR stock at the top of this page. The account opening process is completely digital and secure, and takes a few minutes to complete.
Yes, you can purchase fractional shares of First Solar Inc (FSLR) via the Vested app. You can start investing in First Solar Inc (FSLR) with a minimum investment of $1.
You can invest in shares of First Solar Inc (FSLR) via Vested in three simple steps:
The 52-week high price of First Solar Inc (FSLR) is $232. The 52-week low price of First Solar Inc (FSLR) is $129.22.
The price-to-earnings (P/E) ratio of First Solar Inc (FSLR) is 23.09
The price-to-book (P/B) ratio of First Solar Inc (FSLR) is 2.92
The dividend yield of First Solar Inc (FSLR) is 0.00%
The market capitalization of First Solar Inc (FSLR) is $19.13B
The stock symbol (or ticker) of First Solar Inc is FSLR
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