FSLR - First Solar, Inc.
| Previous Close | 63.08 |
| Open | 62.93 |
| Bid | 61.56 x 800 |
| Ask | 0.00 x 800 |
| Day's Range | 63.34 - 64.83 |
| 52 Week Range | 36.51 - 69.24 |
| Volume | 535,863 |
| Avg. Volume | 1,086,378 |
| Market Cap | 6.732B |
| Beta (3Y Monthly) | 1.28 |
| PE Ratio (TTM) | 282.61 |
| EPS (TTM) | 0.23 |
| Earnings Date | Oct 23, 2019 - Oct 28, 2019 |
| Forward Dividend & Yield | N/A (N/A) |
| Ex-Dividend Date | N/A |
| 1y Target Est | 77.09 |
- Investopedia
3 Charts That Suggest It's Time to Buy Solar Stocks
Solar stocks have managed to trend higher in recent weeks despite the uptick in global market volatility.
- Zacks
Canadian Solar (CSIQ) Q2 Earnings Top, '19 Shipment View Up
Canadian Solar (CSIQ) posts better-than-expected results for second-quarter 2019. Additionally, the company raises its full-year shipment view.
- InvestorPlace
The Sun Is Shining on These 3 Solar Stocks
After several years' worth of cloudy skies, solar stocks may finally be finding their place in the sun. We have finally hit the inflection point with regards to solar installations and technology. In many areas, costs for solar -- without subsidies -- are now on par with other more traditional energy means. As a result, renewables are quickly gaining on market share from fossil fuels.According to the International Energy Agency (IEA), investments in renewable energy sources grew 55% from 2010 to 2018. More importantly, the agency predicts that 65% of all global energy spending will come from renewables like solar by 2030.For solar stocks, this is great news. No wonder why the Invesco Solar ETF (NYSEARCA:TAN) is up nearly 60% year to date.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 10 Cheap Dividend Stocks to Load Up On The long-term is very bright for solar stocks as well. With more money allocated towards renewables, the sector is finally poised to be a real moneymaker for investors. And there's still plenty of time to cash in on the biggest trends out there. For investors, the time to add solar stocks is now.With that, the sun is shinning for these three solar stocks today. Solar Stocks to Buy: First Solar, Inc. (FSLR)If you're going buy a single solar stock, it has to be kingpin First Solar (NASDAQ:FSLR). The firm has been at the forefront of several key shifts in the industry that continues to this day.FSLR started out as a maker of very efficient solar panels with some of the highest rates of sun-to-energy conversion around. This advanced technology served it well with many utility-scale solar producers.When the glut of cheaply-made Chinese panels hit the market a few years ago, FSLR switched gears into being a producer of full-scale solar plants for utilities. The firm has managed to see plenty of rising revenues from key utility customers.During the last reported quarter, FSLR managed to see its revenues jump 89% as the solar firm was able to see a great combination of rising production and growing bookings from utilities. First Solar's new Series 6 panel -- which promises high efficiency coupled with low costs -- surged, while new bookings pushed FSLR's backlog to 12.9 GW.The strong first half of the year performance, as well as continued demand from utility and residential customers, has allowed FSLR to boost its already impressive guidance for the rest of the year. The firm now expects to pull as much as $3.7 billion in revenues and EPS near $2.75 on the high end.Adding in its strong balance sheet to its key leadership position, FSLR is one of the best solar stocks to buy for the long haul. Sunrun (NASDAQ:RUN)To win in solar, it takes plenty of scale. This is especially true when it comes to residential solar installers. Putting solar panels on the roofs of consumers is a relatively low-margined business. It takes scale to clip small revenues from each one. Luckily for Sunrun (NASDAQ:RUN) it's building that scale in a big way.RUN is now the largest residential solar installer serving more than 255,000 customers and employing more than 1,700 MW worth capacity. Because of this surge in customers and installed wattage, RUN's revenues have sacked upped. Over the last three years, the firm's sales have surged by over 108%.Here's where it gets interesting for RUN. One of the problems for many residential customers is that they often don't have the cash up-front to pay for new systems. In this, Sunrun will often lease the systems to consumers. In that regard, RUN actually owns the panels on your roof. In order to make that happen, RUN needs to take out financing.If that sounds familiar, that's exactly what Tesla's (NASDAQ:TSLA) SolarCity did. But unlike TSLA -- which is having troubles -- RUN is actually seeing sales rise in a big way that's allowing to service its debts with ease. * 15 Growth Stocks to Buy for the Long Haul While it's a riskier solar stock play, RUN makes an interesting addition to a portfolio to play the rise in residential solar installations. SolarEdge (SEDG)Israel is often ignored by investors, which is a real shame. The nation has long-been a technology and healthcare powerhouse that extends into the solar sector, with SolarEdge (NASDAQ:SEDG) being a top solar stock to buy. The key is in its products.Source: Shutterstock SEDG doesn't make panels -- which can be fraught with wild price swings. What it does do is make various components needed to make solar power work. Solar panels produce direct current (DC) electricity. However, the grid and household devices use alternating current (AC) electricity. In order to get energy from a solar panel, you need to use a device called an inverter. It's here that SolarEdge shines.The firm's inverter products not only convert energy from DC to AC, but also optimize power output from panels and boost efficiency. This allows installers and consumers to get a bit more from their installations. You get a product you need that is better than the standard.Customers love it. SolarEdge reported record revenues in its last quarter -- growing more than 20%. This follows its streak of record results. Meanwhile, this niche of providing needed components has allowed SEDG to be profitable as well -- a rarity among the solar names.The best part is that SEDG has the potential to keep the growth going. Aside from solar, the firm has moved into providing renewable energy storage products as well as other inverter items for wind energy. Using the same model for solar, SolarEdge is poised to win here as well.At the time of writing, Aaron Levitt did not have a position in any of the stocks mentioned. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Cheap Dividend Stocks to Load Up On * The 10 Biggest Losers from Q2 Earnings * 5 Dependable Dividend Stocks to Buy The post The Sun Is Shining on These 3 Solar Stocks appeared first on InvestorPlace.
- Market Realist
Which Solar Stocks Offer Handsome Upside Potential?
Solar stocks have been on an impressive run this year. So far, Enphase Energy (ENPH) stock has risen more than 530% in 2019.
- Zacks
Canadian Solar (CSIQ) to Post Q2 Earnings: What's in Store?
Canadian Solar's (CSIQ) Q2 results are likely to gain from solid product sales, higher volume of module sales and stable average selling price.
- Market Realist
Why Solar Stocks Were Mixed Last Week
Solar stocks started last week significantly lower due to increased trade war concerns. The solar energy space is one of the hottest sectors this year.
- Zacks
Sunrun's (RUN) Q2 Earnings Miss Estimates, Revenues Beat
Sunrun's (RUN) customer base in the second quarter of 2019 increase 26% year over year to 255,000.
- GuruFocus.com
First Solar Inc (FSLR) CEO Mark R Widmar Sold $2.1 million of Shares
CEO of First Solar Inc (30-Year Financial, Insider Trades) Mark R Widmar (insider trades) sold 34,964 shares of FSLR on 08/05/2019 at an average price of $61.43 a share. Continue reading...
- Zacks
SolarEdge (SEDG) Q2 Earnings Beat Estimates, Revenues Up Y/Y
SolarEdge's (SEDG) gross profit in the second quarter surges 35% to $110.7 million.
- Market Realist
Solar Stocks: What Can Investors Expect?
Among the top solar stocks, First Solar broke below its 50-day moving average level, which might open a new downside for the stock in the short term.
- Zacks
Sunrun (RUN) to Report Q2 Earnings: What's in the Cards?
Sunrun (RUN) Q2 results are likely to gain from its launch of Brightbox battery systems in a few more states within the United States.
- Motley Fool
Why Shares of First Solar Plunged 10.4% Today
Could a trade war with China be a roadblock in 2019?
- Motley Fool
Production Increase Drives First Solar's Growth
Profits aren't back, but revenue growth is tremendous now that new manufacturing lines are getting up to speed.
- Investopedia
First Solar Reported Nearing Its August Risky Level
A second quarter loss caused a hiccup in First Solar's share price, but the downside was limited as it maintained full-year guidance.
- Thomson Reuters StreetEvents
Edited Transcript of FSLR earnings conference call or presentation 1-Aug-19 8:30pm GMT
Q2 2019 First Solar Inc Earnings Call
- Market Realist
First Solar Disappoints in Q2 but Raises Guidance
First Solar (FSLR) reported its second-quarter earnings results yesterday. It reported EPS of -$0.18 for the quarter.
- Barrons.com
First Solar Reported a Big Earnings and Revenue Miss, but Investors Aren’t Deterred
First Solar stock was nearly flat even after the solar panel company reported a surprise loss and lower-than-expected revenue on Thursday evening.
- Zacks
First Solar (FSLR) Incurs Loss in Q2, Misses Sales Estimates
First Solar (FSLR) incurs an operating loss of $8.6 million in the second quarter, much less than an operating loss of $103.6 million in the year-ago quarter.
- Benzinga
Large First Solar Option Traders Expect Positive Reaction To Mixed Earnings
First Solar, Inc. (NASDAQ: FSLR) shares traded flat Friday morning after the company reported mixed second-quarter earnings after the close on Thursday. Here’s a look at how several large option traders positioned themselves ahead of Friday’s session. On Thursday, Benzinga Pro subscribers received several options alerts related to an unusually large FSLR option trades.
Motley FoolFirst Solar Inc (FSLR) Q2 2019 Earnings Call Transcript
FSLR earnings call for the period ending June 30, 2019.
- Zacks
First Solar (FSLR) Reports Q2 Loss, Misses Revenue Estimates
First Solar (FSLR) delivered earnings and revenue surprises of -1000.00% and -15.15%, respectively, for the quarter ended June 2019. Do the numbers hold clues to what lies ahead for the stock?
- GlobeNewswire
First Solar, Inc. Announces Second Quarter 2019 Financial Results
Net sales of $585 millionNet loss per share of $(0.18)Cash, restricted cash and marketable securities of $2.1 billion, net cash of $1.7 billionYTD net bookings of 4.3GWDC; 2.0.
- Benzinga
First Solar's Earnings Outlook
First Solar (NASDAQ: FSLR ) announces its next round of earnings this Thursday, August 1. Here is Benzinga's everything-that-matters guide for the Q2 earnings announcement. Earnings and Revenue Analysts ...
- Market Realist
Analysts Are Upbeat ahead of First Solar’s Q2 Earnings
First Solar’s second-quarter earnings on August 1 will likely decide its path going forward. The solar space is one of the hottest sectors this year.
- Zacks
Enphase Energy (ENPH) Q2 Earnings Beat, Revenues Up Y/Y
Enphase Energy's (ENPH) gross profit surges 99.6% year over year to $45.3 million during the second quarter of 2019.
