First Solar Inc (NASDAQ: FSLR) is -24.52% 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 $132.51 in the last trading session, with the day’s gains setting it 0.52%.
Currently trading at $133.03, the stock is -6.52% and -17.74% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.44 million and changing 0.39% at the moment leaves the stock -35.33% off its SMA200. FSLR registered -15.83% loss for a year compared to 6-month loss of -43.62%. The firm has a 50-day simple moving average (SMA 50) of $161.723 and a 200-day simple moving average (SMA200) of $205.70285.
The stock witnessed a -17.03% gain in the last 1 month and extending the period to 3 months gives it a -33.82%, and is -0.06% down 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 4.16% over the week and 5.43% over the month.
First Solar Inc (FSLR) has around 8100 employees, a market worth around $14.24B and $4.21B in sales. Current P/E ratio is 11.07 and Fwd P/E is 5.12. Profit margin for the company is 30.72%. Distance from 52-week low is 6.46% and -56.64% from its 52-week high. The company has generated returns on investments over the last 12 months (15.30%).
with sales reaching $861.25M over the same period.The EPS is expected to grow by 53.44% this year, but quarterly earnings will post 30.94% year-over-year. Quarterly sales are estimated to grow 8.45% in year-over-year returns.
First Solar Inc (FSLR) Top Institutional Holders
1422.0 institutions hold shares in First Solar Inc (FSLR), with institutional investors hold 100.20% of the company’s shares. The shares outstanding are 107.06M, and float is at 99.58M with Short Float at 7.57%. Institutions hold 93.16% of the Float.
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
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Still, SEC filings show that on Mar 17 ’25, ANTOUN GEORGES (Officer) Proposed Sale 229 shares at an average price of $133.75 for $30630.0. The insider now directly holds shares of First Solar Inc (FSLR).
