First Stock Today

FSLR
 Stock
  

USD 129.85  1.92  1.46%   

Market Performance
22 of 100
Odds Of Distress
Less than 2
First Solar is selling at 129.85 as of the 25th of September 2022; that is -1.46 percent decrease since the beginning of the trading day. The stock's lowest day price was 127.07. First Solar has a very small chance of experiencing financial distress in the next few years and had a solid performance during the last 90 days. Equity ratings for First Solar are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 30th of September 2021 and ending today, the 25th of September 2022. Click here to learn more.
First Solar, Inc. provides photovoltaic solar energy solutions in the United State, Japan, France, Canada, India, Australia, and internationally. First Solar, Inc. was founded in 1999 and is headquartered in Tempe, Arizona. First Solar operates under Solar classification in the United States and is traded on NASDAQ Exchange. The company has 106.33 M outstanding shares of which 3.71 M shares are currently shorted by private and institutional investors with about 2.16 trading days to cover. More on First Solar

Moving together with First Solar

+0.85FDSFactset Research Systems Fiscal Year End 27th of September 2022 PairCorr
+0.74WFCWells Fargo Fiscal Year End 13th of January 2023 PairCorr
Follow Valuation Odds of Bankruptcy
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First Solar Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. First Solar's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding First Solar or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
First Solar appears to be risky and price may revert if volatility continues
First Solar is unlikely to experience financial distress in the next 2 years
Over 79.0% of the company shares are owned by institutional investors
Latest headline from simplywall.st: Have First Solar, Inc. Insiders Been Selling Their Stock - Simply Wall St
CEO and DirectorJames Hughes
Thematic Ideas
Showing 3 out of 5 themes
Average Analyst Recommendation
Analysts covering First Solar report their recommendations after researching First Solar's financial statements, talking to executives and customers, or listening in on First Solar's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering First Solar. The First consensus assessment is calculated by taking the average forecast from all of the analysts covering First Solar.
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of First Solar's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
First Solar (FSLR) is traded on NASDAQ Exchange in USA and employs 4,800 people. The company currently falls under 'Large-Cap' category with current market capitalization of 13.81 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate First Solar's market, we take the total number of its shares issued and multiply it by First Solar's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and these looking for more risk prefer small-cap and mid-cap equities. First Solar conducts business under Technology sector and is part of Solar industry. The entity has 106.33 M outstanding shares of which 3.71 M shares are currently shorted by private and institutional investors with about 2.16 trading days to cover. First Solar currently holds about 1.85 B in cash with 288.97 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 17.31.
Check First Solar Probability Of Bankruptcy
Ownership
First Solar retains a total of 106.33 Million outstanding shares. The majority of First Solar outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to obtain positions in First Solar to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in First Solar. Please pay attention to any change in the institutional holdings of First Solar as this could imply that something significant has changed or about to change at the company. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.

Ownership Allocation (%)

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First Stock Price Odds Analysis

In regard to a normal probability distribution, the odds of First Solar jumping above the current price in 90 days from now is about 14.24%. The First Solar probability density function shows the probability of First Solar stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days First Solar has a beta of 0.8745. This usually indicates First Solar market returns are sensible to returns on the market. As the market goes up or down, First Solar is expected to follow. Moreover, the company has an alpha of 1.0824, implying that it can generate a 1.08 percent excess return over DOW after adjusting for the inherited market risk (beta).
  Odds Below 129.85HorizonTargetOdds Above 129.85
85.71%90 days
 129.85 
14.24%
Based on a normal probability distribution, the odds of First Solar to move above the current price in 90 days from now is about 14.24 (This First Solar probability density function shows the probability of First Stock to fall within a particular range of prices over 90 days) .

First Stock Institutional Holders

Institutional Holdings refers to the ownership stake in First Solar that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of First Solar's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing First Solar's value.
InstituionSecurity TypeTotal SharesValue
Blackrock IncCommon Shares15.8 M1.1 B
Vanguard Group IncCommon Shares9.3 M635.1 M
Citadel Advisors LlcPut Options1.9 M128.4 M
Susquehanna International Group LlpCall Options1.4 M93.3 M
View First Solar Diagnostics

First Solar Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. First Solar market risk premium is the additional return an investor will receive from holding First Solar long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in First Solar. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although First Solar's alpha and beta are two of the key measurements used to evaluate First Solar's performance over the market, the standard measures of volatility play an important role as well.

First Stock Against Markets

Picking the right benchmark for First Solar stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in First Solar stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for First Solar is critical whether you are bullish or bearish towards First Solar at a given time.

Be your own money manager

Our tools can tell you how much better you can do entering a position in First Solar without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Performance Analysis

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First Solar Corporate Directors

First Solar corporate directors refer to members of a First Solar board of directors. The board of directors generally takes responsibility for the First Solar's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of First Solar's board members must vote for the resolution. The First Solar board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Michael Sweeney - Independent DirectorProfile
Richard Chapman - Independent DirectorProfile
Joel Presby - Independent DirectorProfile
Thomas Presby - Independent DirectorProfile

Invested in First Solar?

The danger of trading First Solar is mainly related to its market volatility and company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of First Solar is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than First Solar. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile First Solar is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Please check Investing Opportunities. You can also try Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.

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Is First Solar's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of First Solar. If investors know First will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about First Solar listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of First Solar is measured differently than its book value, which is the value of First that is recorded on the company's balance sheet. Investors also form their own opinion of First Solar's value that differs from its market value or its book value, called intrinsic value, which is First Solar's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because First Solar's market value can be influenced by many factors that don't directly affect First Solar's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between First Solar's value and its price as these two are different measures arrived at by different means. Investors typically determine First Solar value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, First Solar's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.