11.69 0.00 (0.00%)
After hours: 5:00PM EST
|Bid||11.60 x 800|
|Ask||12.00 x 1000|
|Day's Range||11.62 - 12.00|
|52 Week Range||5.08 - 16.44|
|Beta (3Y Monthly)||1.32|
|PE Ratio (TTM)||13.25|
|Earnings Date||Mar 4, 2019 - Mar 8, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||16.56|
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
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.
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
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.
First Solar (FSLR) stock is trading at $40.6, which is ~7% and 26% below its 50-day and 200-day moving average levels, respectively. First Solar broke below its 50-day simple moving average level in the second quarter and has acted as a strong resistance a few times since then. First Solar stock is trading at an RSI (relative strength index) of 34, which indicates that it isn’t in the overbought or the oversold zone.
First Solar (FSLR) stock is trading at a forward EV-to-EBITDA multiple of 4x based on analysts’ earnings estimates for 2019. First Solar’s five-year historical average valuation is ~6x. The stock appears to be trading at a discounted valuation compared to its peers and its historical average.
Overall, 2018 has been rough for solar stocks due to trade war tensions and policy uncertainties. President Trump announced tariffs on imported solar panels early in 2018 to boost US manufacturers. Shares of leading solar panel makers including First Solar (FSLR) and SunPower (SPWR) have fallen more than 40% in 2018.
We've lost count of how many times insiders have accumulated shares in a company that goes on to improve markedly. The flip side of that is that there are more Read More...
Sunrun (RUN), the nation’s leading residential solar, storage and energy services company today announced it has completed its second securitization of leases and power purchase agreements, known as Sunrun’s solar-as-a-service. Historically, Sunrun has mostly been active in the commercial bank market, where it has closed over $1.2 billion in capital commitments, for its non-recourse financings. “We are pleased to continue to expand the set of investors in residential solar assets to enable Sunrun to bring affordable solar energy to more households,” said Edward Fenster, Sunrun’s co-founder and executive chairman.
For more than thirty years, Philip Hempleman’s Ardsley Partners has been focusing on generating attractive returns to clients, by picking the best stocks and managing portfolios designed to seek out opportunity. This Stamford, Connecticut-based, long-short equity management firm, is launched back in March 1987 by Philip Hempelman, its current Managing Partner, Chief Investment Officer, and […]
NEW YORK, NY / ACCESSWIRE / December 17, 2018 / Shares of solar power companies Sunrun and SunPower were both in the red on Friday as Wall Street reacted to the impacts of President Trump’s tariffs on solar panels. Shares of Sunrun may also have been impacted by the news that the Company is being investigated for violations of federal securities law.
BOSTON, MA / ACCESSWIRE / December 14, 2018 / Block & Leviton LLP (www.blockesq.com), a securities litigation firm representing investors nationwide, is investigating whether Sunrun Inc. ("Sunrun" or the "Company") (RUN) and certain of its officers and directors violated federal securities laws. On December 14, 2018, Seeking Alpha released an article titled "Sunrun Is The Subject Of An Undisclosed Fraud Investigation By The FBI And Justice Department." The article states that on June 5, 2017, the Federal Bureau of Investigation opened a corporate fraud investigation into Sunrun at the request of the Justice Department.
SAN FRANCISCO, Dec. 10, 2018 -- Pomerantz LLP announces that the United States District Court Northern District of California San Francisco Division has approved the following.
The GuruFocus All-in-One Screener can be used to find insider trades from the past week. Warning! GuruFocus has detected 1 Warning Sign with MHK. The flooring manufacturer has a market cap of $8.96 billion and an enterprise value of $11.74 billion.
Global demand for clean energy is on the rise, and solar power is already becoming a bigger portion of the mix. Whether you're looking for growth, value, or dividends, solar stocks have something to offer.
Here are three solar stocks to watch for potential upside, and a recreational-vehicle stock that could decline. JinkoSolar Holding Co. Ltd. (JKS) rallied 82 cents to $11.47 on 1.9 million shares traded Tuesday, more than double its average volume. Monday’s move broke the stock out above short-term lateral resistance and the 50-day moving average.