FSLR - First Solar, Inc.
| Previous Close | 51.02 |
| Open | 50.73 |
| Bid | 49.02 x 800 |
| Ask | 49.27 x 900 |
| Day's Range | 48.76 - 51.21 |
| 52 Week Range | 36.51 - 81.72 |
| Volume | 2,399,652 |
| Avg. Volume | 1,533,877 |
| Market Cap | 5.155B |
| Beta (3Y Monthly) | 0.94 |
| PE Ratio (TTM) | N/A |
| EPS (TTM) | -3.25 |
| Earnings Date | Feb 21, 2019 |
| Forward Dividend & Yield | N/A (N/A) |
| Ex-Dividend Date | N/A |
| 1y Target Est | 64.51 |
- Zacks•yesterday
SunPower (SPWR) Q4 Loss Narrower than Expected, Revenues Down
SunPower (SPWR) experienced downside in revenues during the fourth quarter, due to low revenue figures registered by SunPower Technologies unit.
- Zacks•2 days ago
First Solar (FSLR) Earnings Expected to Grow: What to Know Ahead of Next Week's Release
First Solar (FSLR) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
- Zacks•2 days ago
What Awaits SolarEdge Technologies (SEDG) in Q4 Earnings?
SolarEdge Technologies (SEDG) recently acquired approximately 75% of Kokam Co., which is a leading provider of lithium ion cells, batteries and energy storage solutions.
- Market Realist•2 days ago
SunPower’s Loss Widened, Revenues Fell 15% in 2018
SunPower’s Loss Widened, Revenues Fell 15% in 2018SunPowerSunPower (SPWR) reported its fourth-quarter and fiscal 2018 financial results on February 13. The company reported an adjusted loss of $0.21 per share for the quarter ending December
- Zacks•5 days ago
What's in Store for Azure Power Global (AZRE) Q3 Earnings?
Recent tariff hikes on solar cells might have an unfavorable impact on Azure Power Global's (AZRE) bottom line in the to-be-reported quarter.
- GlobeNewswire•9 days ago
First Solar, Inc. to Announce Fourth Quarter and Full Year 2018 Financial Results on February 21, 2019
TEMPE, Ariz., Feb. 07, 2019 -- First Solar, Inc. (NASDAQ: FSLR) will report financial results for the fourth quarter and full year ended December 31, 2018, after the market.
- InvestorPlace•11 days ago
Daqo New Energy Stock Has Hit an Ideal Entry Point
With a market cap of less than half of a billion dollars, odds are good most investors have never even heard of Daqo New Energy (NYSE:DQ). Don't be distracted by its obscurity though. This Chinese company is an increasingly important part of the future of solar energy worldwide, and though volatile, DQ stock may be worth the risk. The value argument certainly holds water. And Daqo New Energy stock just stumbled into an ideal "not too hot, not too cold" zone that makes its price palatable to anyone who missed out on January's surprise rebound. ### What's Daqo New Energy? Daqo is often grouped with photovoltaic (PV) panel manufacturers like JinkoSolar (NYSE:JKS) and First Solar (NASDAQ:FSLR). They're not entirely unfair comparisons, but they're not entirely accurate either. InvestorPlace - Stock Market News, Stock Advice & Trading Tips Daqo New Energy produces high-quality polysilicon used to make silicon wafers for PV panels. DQ doesn't make photovoltaic panels itself. * 4 Top Marijuana Penny Stocks to Take Seriously in 2019 That difference hasn't always mattered to traders, albeit for good reason. The fate of DQ stock is closely linked to that of solar panel manufacturers and installers because demand for solar power drives demand for the silicon-based components needed to make them. In this case, however, broad categorizations have done a disservice to Daqo New Energy stock. The polysilicon business, though it ebbs and flows with ever-changing price of solar power, has proven to be a consistently profitable one for Daqo. Sometimes that profitability has been paper thin, like 2015's earnings of $1.24 per share of DQ stock. But two years later, on the heels of revived solar demand and the introduction of next-generation technologies, Daqo New Energy earned a whopping $9.11 per share. Analysts expect earnings to normalize in 2019, with profits currently modeled at $4.26 per share. From one year to the next, though, DQ knows it can count on some measure of profitability. Investors can count on the same, but by and large the market has only discounted Daqo New Energy stock. It's not given it credit, even when and where it can. End result? Daqo New Energy stock is now trading at a dirt-cheap price/sales ratio of only 1.2, and a trailing P/E of only 7.2. However, investors are now acting as if they're willing to correct their mistake. ### DQ Stock Is Over a Key Technical Hurdle It's difficult to pinpoint the reason for last year's weakness and January's rebound in DQ stock. Certainly strained trade relations between the U.S. and China played a role. The changing dynamics of the solar power market itself -- such as subsidies, prices, etc. -- have likely played a role as well. The reason, or reasons, however, became mostly irrelevant last week when DQ stock hurdled its 200-day moving average line, plotted in green on the daily chart below. Click to EnlargeYes, the stock took a sizeable tumble on Friday, losing nearly 14% of its value and calling the budding uptrend into question. Take a closer look at the chart though. The bulls held the line at the 200-day moving average on Friday, and they're still doing so as of Monday. That's huge. And in some regards, the big setback on Friday did would-be buyers a favor. DQ stock had worked its way into an overbought condition through Thursday of last week, setting up a sizeable selloff. The dip has burned off that froth, setting the stage for another wave of bullishness. ### Bottom Line for DQ Stock DQ stock still just a trade to be sure, with all the potential trappings thereof. Ideally, we'd see a push up and off the 200-day moving average line to confirm the rally is still intact and has the support it needs. This is a good start though. The bulls are holding their ground right where they'll find the most help, and we've seen a couple bullish crosses of other moving average lines. Underscoring it all is deep value that the bears are increasingly struggling to justify… particularly given solar power's 2019 outlook. In fact, Credit Suisse names Daqo one of its top solar picks for the foreseeable future, ready to capitalize on renewing demand in China, and elsewhere. * 10 F-Rated Stocks That Could Break Your Portfolio The next upturn from Daqo New Energy stock could mark the beginning of another rally effort. As of this writing, James Brumley did not hold a position in any of the aforementioned securities. You can follow him on Twitter, at @jbrumley. ### More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 S&P 500 Stocks to Buy That Tore Up Earnings * 10 Cold Weather Stocks to Heat Up Your Returns * The 7 Best Penny Stocks to Buy Compare Brokers The post Daqo New Energy Stock Has Hit an Ideal Entry Point appeared first on InvestorPlace.
- Zacks•12 days ago
Will POWERHOUSE System Aid Real Goods' (RGSE) Q4 Earnings?
In the last reported quarter, Real Goods Solar (RGSE) witnessed a negative earnings surprise of 53.13%.
- Motley Fool•14 days ago
3 Top Solar Stocks to Watch in February
With earnings on the horizon, there's a lot investors can learn from these three solar companies in the weeks to come.
- InvestorPlace•15 days ago
3 Best Solar Stocks To Buy — According to Goldman Sachs
There's no question 2018 wasn't a great year for solar stocks. In fact, the Invesco Solar ETF (NYSEARCA:TAN) declined 26.2% last year. However, Goldman Sachs analyst Brian Lee recently said that the sun will come out again for solar stocks in 2019. After a cyclical downturn in 2018, Lee said solar demand is improving and prices are stabilizing. He also said China will turn from an albatross to a positive catalyst assuming a trade deal with the U.S. is completed at some point this year. * 7 S&P 500 Stocks to Buy That Tore Up Earnings The good news for solar stocks that endured a rough year is that Goldman expects some of the biggest 2018 laggards to be the best leaders in 2019. Here's a look at Goldman's top three solar stocks for 2019. InvestorPlace - Stock Market News, Stock Advice & Trading Tips Source: U.S. Department of the Interior via Flickr ### Best Solar Stocks: First Solar First Solar (NASDAQ:FSLR) stock dropped 37.1% in 2018, enough to make the stock an attractive risk-reward play for investors this year. FSLR stock has major exposure to utility-scale solar demand, which Goldman is projecting will hit a positive inflection point in the next 12 months. Goldman projects U.S. utility-scale demand will double the growth rate of residential demand in the next two years. Consensus 2019 EPS estimates have also fallen from around $3.25 a year ago to only $2.59 today, which has set a low bar for the company to clear. Even if First Solar doesn't beat low EPS expectations, $2.59 in EPS means FSLR stock is trading at a reasonable 19.3x forward P/E. Given its massive cash balance, FSLR stock has limited additional downside from here. By the end of the year, Goldman projects FSLR stock will have about 40% of its current market cap in cash alone. That cash balance makes FSLR stock a relatively safe bet for long-term investors. Source: Shutterstock ### Best Solar Stocks: Canadian Solar Goldman is projecting about 10% EPS upside to consensus estimates for Canadian Solar (NASDAQ:CSIQ) stock this year. About 55% of Canadian Solar's 2019 revenue will come from module manufacturing. That exposure allows Canadian Solar to take advantage of the same boom in U.S. utility-scale solar demand as First Solar. Goldman is projecting utility-scale solar demand will grow by 41% annually through 2020. As recently as 2017, 26% of CSIQ's revenue came from China. Therefore, an improving Chinese policy environment would also provide a big boost. While investors wait for market improvements, Lee said the company has one of the best cost structures in the group. He projects cost-per-watt will continue to drop by a double-digit percentage in 2019. * 3 Stocks to Buy as They Bottom From a valuation perspective, CSIQ stock looks like the best opportunity to me. According to Yahoo, CSIQ's P/E and forward P/E ratios are both in the single digits. ### Best Solar Stocks: Vivint Solar Unlike the other two energy stocks on this list, Vivint Solar (NYSE:VSLR) stock is a play on the residential solar market. Goldman is expecting double-digit revenue growth from Vivint in 2019. Lee says the company could gain residential market share from its competitors. Although the residential market is not expected to be as strong as the utility market this year, Vivint could get a boost from a new California law passed in 2018 mandating that most new homes built in the state starting in 2020 be solar powered. If other states in the Southwest follow California's lead, it could create even more momentum for U.S. residential demand. Goldman is projecting 14% volume growth for Vivint this year. That growth rate is lower than the 40% growth it is projecting for FSLR and the 17% growth projected for CSIQ. Given the unpredictability of the U.S. residential solar business and Vivint's extremely high long-term debt-to-equity ratio of 3.79, VSLR stock looks like the biggest gamble of the three. VSLR stock has more than 60% upside based on Goldman's $6.50 price target. It also could be a major risk if market conditions deteriorate. As of this writing, Wayne Duggan held no positions in the aforementioned securities. ### More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 of the Best Stocks to Buy for a Dovish Federal Reserve * 5 Best Fidelity ETFs for Retirement Savers * 7 Blue-Chip Stocks That Could Lead the Market Higher Compare Brokers The post 3 Best Solar Stocks To Buy -- According to Goldman Sachs appeared first on InvestorPlace.
- Motley Fool•20 days ago
Is First Solar a Buy?
With a share price more than 30% off its 52-week high, First Solar looks like a bargain -- depending on how long you're willing to wait for a recovery.
- Market Realist•last month
First Solar Stock: Analysts’ Recommendations
How's First Solar Stock Placed Compared to Its Peers?(Continued from Prior Part)Analysts’ recommendationsFirst Solar (FSLR) stock offers a handsome potential upside of more than 38% going forward—compared to its current market price of $46.9.
- Market Realist•last month
FSLR, RUN, and SPWR: Comparing Stock Returns
How's First Solar Stock Placed Compared to Its Peers?(Continued from Prior Part)ReturnsIn this part, we’ll discuss solar stocks’ recent returns. As a whole, the sector largely underperformed the broader markets in terms of returns in all of the
- Market Realist•last month
First Solar’s Chart Indicators and Short Interest
How's First Solar Stock Placed Compared to Its Peers?(Continued from Prior Part)Moving averagesFirst Solar (FSLR) stock is trading at $46.9, which is almost 7% above its 50-day moving average and 11% below its 200-day moving average, respectively.
- Market Realist•last month
How’s First Solar Stock Placed Compared to Its Peers?
How's First Solar Stock Placed Compared to Its Peers?What’s next?Solar stocks had a fairly good start to 2019 after a weak run in 2018. At large, solar stocks fell more than 25%, while broader markets fell almost 8% in 2018. Declining demand and
- Moody's•last month
Topaz Solar Farms LLC -- Moody's downgrades Topaz Solar to Caa2 from Baa2; outlook negative.
Moody's Investors Service ("Moody's") downgraded to Caa2 from Baa2 the rating assigned to the senior secured debt of Topaz Solar Farms LLC (Topaz Solar) due 2039. Today's rating action is driven entirely by the expected bankruptcy filing of Pacific Gas & Electric Company (PG&E: Caa3, negative) which was downgraded to Caa3 on January 14, 2019 and has a negative outlook. PG&E's credit quality serves to limit Topaz Solar's rating since the project derives all of its revenue and cash flow under a long-term power purchase and sales agreement (PPA) with PG&E that expires in October 2039.
- Simply Wall St.•last month
How Many Insiders Bought First Solar, Inc. (NASDAQ:FSLR) Shares?
We often see insiders buying up shares in companies that perform well over the long term. Unfortunately, there are also plenty of examples of share prices declining precipitously after insiders Read More...
Motley Fool•last monthCan Solar Stocks Recover in 2019?
Solar energy should have a good year in 2019, but that doesn't mean the industry's shares are a buy.
- MoneyShow•last month
Top Picks 2019- First Solar Inc. FSLR
First Solar (FSLR) designs, manufactures and markets thin-film semiconductor photovoltaic (PV) cells and modules that convert sunlight into electricity, observes David Coleman, analyst and quantitative portfolio strategist with the leading independent research firm, Argus Research.
- Barrons.com•last month
Solar Stocks May See Clouds Part Soon, Analyst Says
Goldman’s Brian Lee says a U-shaped recovery may be in store, meaning it’s time to buy Canadian Solar and First Solar stocks.
- Benzinga•last month
Goldman Sachs Warms Up To Solar Stocks In 2019
The sun may be rising on solar stocks in 2019, but according to one Wall Street analyst several popular solar stocks may be left in the shade this year. The Analyst Goldman Sachs analyst Brian Lee made ...
- GlobeNewswire•last month
Detailed Research: Economic Perspectives on Biohaven Pharmaceutical Holding, Air Transport Services Group, Pattern Energy Group, First Solar, Limelight Networks, and Adamis Pharmaceuticals — What Drives Growth in Today's Competitive Landscape
NEW YORK, Jan. 03, 2019 -- In new independent research reports released early this morning, Market Source Research released its latest key findings for all current investors,.
- Motley Fool•2 months ago
You'll Never Guess Which Industry This Expert Says Solar-Panel Makers Remind Him Of
Hint: It's not one you'd ever consider high-tech.
- Market Realist•2 months ago
Solar Stocks Offer a Huge Upside Potential for 2019
First Solar (FSLR) stock offers a potential upside of 58% going forward—compared to its current market price of $40.5. Wall Street analysts have given First Solar a median target price of $64.1. Analysts trimmed First Solar’s target price last week. Morgan Stanley cut First Solar’s target price from $61.0 to $56.0 on December 12. UBS cut First Solar’s target price from $85.0 to $73.0.
