First Solar Inc. (NASDAQ: FSLR) started the day on September 11, 2020, with a price increase of 0.03% at $69.91. During the day, the stock rose to $71.93 and sunk to $69.67 before settling in for the price of $69.89 at the close. Taking a more long-term approach, FSLR posted a 52-week range of $28.47-$81.87.
In the past 5-years timespan, the Technology sector firm’s annual sales growth was -2.00%. Meanwhile, its Annual Earning per share during the time was -17.90%. Nevertheless, stock’s Earnings Per Share (EPS) this year is -186.50%. This publicly-traded company’s shares outstanding now amounts to $105.93 million, simultaneously with a float of $76.01 million. The organization now has a market capitalization sitting at $7.41 billion. At the time of writing, stock’s 50-day Moving Average stood at $67.03, while the 200-day Moving Average is $52.45.
If we measure the efficiency of the company that is accounted for 6600 employees. It has generated 464,090 per worker during the last fiscal year. Meanwhile, its income per employee was -17,414. The stock had 4.62 Receivables turnover and 0.42 Total Asset turnover. For the Profitability, stocks gross margin was +17.88, operating margin was +8.02 and Pretax Margin of -3.92.
First Solar Inc. (FSLR) Ownership Facts and Figures
Now let’s turn our focus to how large-scale investors are working with this stock of the Solar Industry. First Solar Inc.’s current insider ownership accounts for 0.40%, in contrast to 69.30% institutional ownership. According to the most recent insider trade that took place on Aug 17, this organization’s Director sold 550 shares at the rate of 75.15, making the entire transaction reach 41,333 in total value, affecting insider ownership by 28,579. Preceding that transaction, on Aug 10, Company’s Chief Executive Officer sold 79,918 for 73.31, making the whole transaction’s value amount to 5,858,819. This particular insider is now the holder of 94,500 in total.
First Solar Inc. (FSLR) Earnings and Revenue Records
In the latest quarterly report released, which was put into the public domain on 6/29/2020, the organization reported $0.35 earnings per share (EPS) for the three months, surpassing the consensus estimate (set at $0.23) by $0.12. This company achieved a net margin of -3.75 while generating a return on equity of -2.23. Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.07 per share during the current fiscal year.
First Solar Inc.’s EPS decrease for this current 12-month fiscal period is -186.50% and is forecasted to reach 3.50 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 25.99% through the next 5 years, which can be compared against the -17.90% growth it accomplished over the previous five years trading on the market.
First Solar Inc. (NASDAQ: FSLR) Trading Performance Indicators
Let’s observe the current performance indicators for First Solar Inc. (FSLR). It’s Quick Ratio in the last reported quarter now stands at 3.00. The Stock has managed to achieve an average true range (ATR) of 3.66. Alongside those numbers, its PE Ratio stands at $75.66, and its Beta score is 1.53. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 2.37.
In the same vein, FSLR’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 0.92, a figure that is expected to reach 0.61 in the next quarter, and analysts are predicting that it will be 3.50 at the market close of one year from today.
Technical Analysis of First Solar Inc. (FSLR)
If we take a close look at the recent performances of First Solar Inc. (NASDAQ: FSLR), its last 5-days Average volume was 1.24 million that shows plunge from its year to date volume of 1.62 million. During the previous 9 days, stock’s Stochastic %D was recorded 21.81% While, its Average True Range was 3.50.
Raw Stochastic average of First Solar Inc. (FSLR) in the period of the previous 100 days is set at 72.78%, which indicates a major rise in contrast to 17.29% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 46.79% that was lower than 53.21% volatility it exhibited in the past 100-days period.