First Solar Inc (NASDAQ: FSLR) is -24.47% lower on its value in year-to-date trading and has touched a low of $124.96 and a high of $306.77 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The FSLR stock was last observed hovering at around $139.13 in the last trading session, with the day’s loss setting it -6.02%.
Currently trading at $133.11, the stock is -10.54% and -20.00% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.44 million and changing -4.33% at the moment leaves the stock -36.22% off its SMA200. FSLR registered -15.98% loss for a year compared to 6-month loss of -38.02%.
The stock witnessed a -20.61% gain in the last 1 month and extending the period to 3 months gives it a -33.96%, and is 4.29% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 5.71% over the week and 5.27% over the month.
First Solar Inc (FSLR) has around 8100 employees, a market worth around $14.25B and $4.21B in sales. Current P/E ratio is 11.08 and Fwd P/E is 5.10. Profit margin for the company is 30.72%. Distance from 52-week low is 6.52% and -56.61% from its 52-week high. The company has generated returns on investments over the last 12 months (15.30%).
with sales reaching $860.92M over the same period.The EPS is expected to grow by 54.13% this year, but quarterly earnings will post 31.05% year-over-year. Quarterly sales are estimated to grow 8.41% in year-over-year returns.
First Solar Inc (FSLR) Top Institutional Holders
The shares outstanding are 107.06M, and float is at 99.59M with Short Float at 6.59%.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 12.49 million shares valued at $2.82 billion. The investor’s holdings represent 11.6863% of the FSLR Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 11.32 million shares valued at $2.55 billion to account for 10.5869 of the shares outstanding. The other top investors are ELECTRON CAPITAL PARTNERS, LLC which holds 7.67 million shares representing 7.1652% and valued at over $9.74 million, while SUSQUEHANNA INTERNATIONAL GROUP, LLP holds 6.2013 of the shares totaling 6.63 million with a market value of $1.49 billion.
First Solar Inc (FSLR) Insider Activity
The most recent transaction is an insider sale by Widmar Mark R, the company’s Chief Executive Officer. SEC filings show that Widmar Mark R sold 1,272 shares of the company’s common stock on Mar 07 ’25 at a price of $132.96 per share for a total of $0.17 million. Following the sale, the insider now owns 0.11 million shares.
First Solar Inc disclosed in a document filed with the SEC on Mar 07 ’25 that Verma Kuntal Kumar (Chief Manufacturing Officer) sold a total of 419 shares of the company’s common stock. The trade occurred on Mar 07 ’25 and was made at $132.96 per share for $55710.0. Following the transaction, the insider now directly holds 4695.0 shares of the FSLR stock.
Still, SEC filings show that on Mar 07 ’25, Theurer Nathan B. (VP – Global Controller and CAO) disposed off 31 shares at an average price of $132.96 for $4122.0. The insider now directly holds 211 shares of First Solar Inc (FSLR).
