First Solar Inc (FSLR) PE Ratio stood at $15.69: Odds are Looking Good After Recent Activity

First Solar Inc (NASDAQ: FSLR) open the trading on Wednesday, with a bit cautious approach as it glided -0.07% to $182.13, before settling in for the price of $182.26 at the close. Taking a more long-term approach, FSLR posted a 52-week range of $129.50-$306.77.

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The Technology Sector giants’ yearly sales growth during the last 5-year period was 9.81%. Meanwhile, its Annual Earning per share during the time was 41.58%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 70.95%. This publicly-traded company’s shares outstanding now amounts to $106.85 million, simultaneously with a float of $101.34 million. The organization now has a market capitalization sitting at $19.50 billion. At the time of writing, stock’s 50-day Moving Average stood at $217.04, while the 200-day Moving Average is $205.08.

First Solar Inc (FSLR) Ownership Facts and Figures

Sometimes it helps to make our mind if we keep our tabs on how bigger investors are working with the stock of the Solar industry. First Solar Inc’s current insider ownership accounts for 5.34%, in contrast to 88.77% institutional ownership. According to the most recent insider trade that took place on Oct 31 ’24, this organization’s Chief Technology Officer sold 3,601 shares at the rate of 198.52, making the entire transaction reach 714,871 in total value, affecting insider ownership by 8,935.

First Solar Inc (FSLR) Earnings and Revenue Records

First Solar Inc’s EPS increase for this current 12-month fiscal period is 70.95% and is forecasted to reach 20.55 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 31.00% through the next 5 years, which can be compared against the 41.58% 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 1.44. The Stock has managed to achieve an average true range (ATR) of 11.32. Alongside those numbers, its PE Ratio stands at $15.69, and its Beta score is 1.45. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 5.06.

In the same vein, FSLR’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 11.61, a figure that is expected to reach 4.82 in the next quarter, and analysts are predicting that it will be 20.55 at the market close of one year from today.

Technical Analysis of First Solar Inc (FSLR)

[First Solar Inc, FSLR] recent stats showed that its last 5-days Average volume was superior the volume it posted in the year-ago period. During the previous 9 days, stock’s Stochastic %D was recorded 26.56% While, its Average True Range was 11.68.

Raw Stochastic average of First Solar Inc (FSLR) in the period of the previous 100 days is set at 9.80%, which indicates a major fall in contrast to 18.31% 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 62.46% that was higher than 56.87% volatility it exhibited in the past 100-days period.