First Solar (FSLR) earnings: expect 12% revenue growth

1:32 pm ET, 01 May 2019

First Solar, Inc. (FSLR) is announcing earnings on May 02 after the market closes. Wondering what revenue and earnings will look like?

What should you expect from the upcoming earnings?

Revenue for the next quarter is expected to be $636M, which implies 12% growth rate year-over-year.

Earnings per share are expected to come in at $-0.10. If this materializes, EPS will decline -113% year-over-year.

How did the stock do last month?

Over the last month, First Solar (FSLR) returned +20.86%.

What do analysts say about the stock?

First Solar (FSLR) average analyst price target is 2.54% above its current price ($61.53).

For the latest price and information on First Solar, Inc., please visit Finstead and ask for "FSLR", "FSLR analysis" or "FSLR news".

Powered by Froala Editor

First Solar, Inc. (FSLR) Stock Guide

Updated at: 9:37 pm ET, 17 Sep 2020

Before we start: if you're looking for FSLR stock price, you can quickly find it out by visiting Finny and typing "FSLR quote". If you're looking for a quick scoop on FSLR stock (chart, price target, market cap, news and buy or sell analysis), go to Finny and look for "FSLR". You'll get all this info in one place. Or you can just type "FSLR news" to get the latest stock news.

Looking to buy or sell First Solar, Inc. (FSLR)? Interested in getting the full scoop on FSLR, including earnings and dividends, stock forecast, buy or sell analysis and key stats? If so, you came to the right place.

In this FSLR stock guide, we'll address key questions about FSLR, above and beyond what you can find on Yahoo Finance, Zacks, MarketWatch or Morningstar.

Here is what you'll be able to find in this guide:

Earnings and Dividends: earnings, earnings date, dividend rate and dividend yield;
Analyst Predictions: stock forecast and analyst ratings;
Analysis: Finny Score and buy or sell analysis;
Key Stats: revenue, market cap, revenue growth, profit margin, P/E ratio, P/B ratio, industry, sector, and number of employees.

And here is the list of questions we'll answer:
1. What are FSLR earnings?
2. What is FSLR stock forecast (i.e., prediction)?
3. FSLR buy or sell? What is FSLR Finny Score?
4. What are the reasons to buy FSLR? Why should I buy FSLR stock?
5. What are the reasons to sell FSLR? Why should I sell FSLR stock?
6. What are FSLR key stats: revenue, market cap, revenue growth, profit margin, P/E ratio, P/B ratio industry, sector, and number of employees?

So let's start. Scroll down to the question that interests you the most.

Earnings and Dividends

1. What are FSLR earnings?

FSLR trailing 12-month earnings per share (EPS) is $0.94.

Analyst Predictions

2. What is FSLR stock forecast (i.e., prediction)?

Based on FSLR analyst price targets, FSLR stock forecast is $68.74 (for a year from now). That means the average analyst price target for FSLR stock is $68.74. The prediction is based on 17 analyst estimates.

The low price target for FSLR is $38.00, while the high price target is $91.00.

FSLR analyst rating is Buy.

Analysis

3. FSLR buy or sell? What is FSLR Finny Score?

#{finnyScore:57}Our quantitative analysis shows 4 reasons to buy and 3 reasons to sell FSLR, resulting in Finny Score of 57.

4. What are the reasons to buy FSLR? Why should I buy FSLR stock?

Here are the reasons to buy FSLR stock:

  • First Solar's balance sheet health and operational flexibility give the firm the ability to make necessary investments to keep reducing costs during trough periods.
  • First Solar's Series 6 modules should keep it one step ahead of the competition on an efficiency basis.
  • China and Japan have heavily ramped up their support for solar, and growth in these countries has gone a long way toward rebalancing industry supply/demand.
  • FSLR quarterly revenue growth was 9.80%, higher than the industry and sector average revenue growth (-0.28% and 0.89%, respectively). See FSLR revenue growth chart.
  • FSLR profitability is improving. The YoY profit margin change was 6.50 percentage points. See FSLR profitability chart.
  • FSLR average analyst rating is Buy. See FSLR analyst rating chart.
  • FSLR cash to debt ratio is 2.26, higher than the average industry (0.11) and sector (0.17) cash to debt ratio. See FSLR cash to debt chart.

5. What are the reasons to sell FSLR? Why should I sell FSLR stock?

Let's look at the reasons to sell FSLR stock (i.e., the bear case):

  • First Solar's competition is quickly catching up on module cost and efficiency. The Series 6 line might only have a few years before competitors can match it.
  • Although we expect demand to remain strong, manufacturing capacity has outpaced even the most aggressive growth projections, creating a solar industry price war.
  • At First Solar's systems business, competitors are entering at all stages. The company's turnkey project capabilities are no longer an advantage.
  • FSLR forward P/E ratio is 22.41, which is high compared to its industry peers’ P/E ratios. See FSLR forward P/E ratio chart.
  • FSLR short share of float is 12.53%. The stock is much more frequently shorted than the average industry, sector or S&P 500 stock. See FSLR short share of float chart.
  • FSLR short interest (days to cover the shorts) ratio is 6. The stock garners more short interest than the average industry, sector or S&P 500 stock. See FSLR short interest ratio chart.

Key Stats

6. What are FSLR key stats : revenue, market cap, revenue growth, profit margin, P/E ratio, P/B ratio industry, sector, and number of employees?

Let's look at the key statistics for FSLR:

Metrics FSLR
Price $65.37
Average Price Target / Upside $68.74 / 5.16%
Average Analyst Rating Buy
Forward Dividend Yield 0.00%
Industry Solar
Sector Technology
Number of Employees 6,400
Market Cap $8.31B
Forward P/E Ratio 22.41
Price/Book Ratio 2.66
Revenue (TTM) $3.12B
YoY Quarterly Revenue Growth 9.80%
Profit Margin 3.17%

If you liked this analysis, check out Stock Guides for other stocks.

Follow Us