First Solar Inc

FirstSolar is a provider of photovoltaic (PV) solar energy solutions. The company designs, manufactures, and sells PV solar modules with a thin film semiconductor technology and also develops, designs, constructs, and sells PV solar power systems that use the modules it manufactures. The company's modules segment involves the design, manufacture, and sale of cadmium telluride (CdTe) solar modules, which convert sunlight into electricity. The company's second segment is its integrated systems segment, through which the company provides turn-key PV solar power systems, or solar solutions, which include project development, engineering, procurement, and construction services, and operations and maintenance services.
  • TickerFSLR
  • ISINUS3364331070
  • ExchangeNASDAQ Stock Market
  • SectorAlternative Energy
  • CountryUnited States

Analysts

With a more favourable environment, FIRST SOLAR INCO. improves to Slightly Positive

FIRST SOLAR INCO. (US), a company active in the Renewable Energy Equipment industry, is favoured by a more supportive environment. The independent financial analyst theScreener has confirmed the fundamental rating of the title, which shows 3 out of 4 stars, as well as its unchanged, moderately risky market behaviour. The title leverages a more favourable environment and raises its general evaluation to Slightly Positive. As of the analysis date July 16, 2019, the closing price was USD 64.49 and its potential was estimated at USD 74.05.

ValuEngine Rating and Forecast Report for FSLR

ValuEngine Rating and Forecast Report for FSLR

ValuEngine Rating and Forecast Report for FSLR

ValuEngine Rating and Forecast Report for FSLR

Dave Nicoski ...
  • Ross LaDuke

Vital Signs: Actionable charts

Key Points: • Homebuilding stocks remain constructive with many bouncing off of support and RS remains constructive. (ex. KBH, MHO, MDC, MTH, NVR) • Automotive Dealerships continue to develop positively and remains leadership in the Consumer Discretionary Sector. (GPI, KMX, AN) • A number of Semiconductors and Suppliers remain leadership (ex. ICHR, NANO, RTEC, AEIS, PDFS, FSLR, XLNX, and OLED)

ValuEngine Rating and Forecast Report for FSLR

ValuEngine Rating and Forecast Report for FSLR

Valens Research

Weekly Equity Idea Highlight - 2019 06 19

Market expectations for FSLR are currently at historically low levels. The market is expecting UAFRS-based (Uniform) ROA to remain consistently below cost-of-capital levels, with Uniform Asset growth at only slightly positive levels. FSLR has historically been the best operator in the solar space, consistently producing positive returns even as peers have suffered. Also, FSLR has avoided the credit issues of peers by maintaining a very safe balance sheet even in challenging environments. Even with the company's historical superior execution and risk control, they are currently trading at the l...

Valens Research

Valens Equity Insights and Inflections - 2019 05 15

CVS currently trades near historical averages relative to UAFRS-based (Uniform) Earnings, with a 16.9x Uniform P/E. At these levels, the market is pricing in expectations for Uniform ROA to fade from 19% in 2018 to 14% by 2023, accompanied by 3% Uniform Asset growth going forward. However, analysts have relatively optimistic expectations, projecting Uniform ROA to remain at 19% levels through 2020, accompanied by 13% Uniform Asset growth. Meanwhile, management is confident in their store comp sales growth, generics performance, and the potential of their HealthHUB expansion project. Should CVS...

Valens Research

FSLR - Embedded Expectations Analysis - 2019 05 13

First Solar, Inc. (FSLR:USA) currently trades at a discount to UAFRS-based (Uniform) Assets, with a 0.8x Uniform P/B. At these levels, the market has muted expectations for the firm, and while management may be concerned about Spanish economics and policy, factory production and openings, and energy prices, these expectations are still too bearish. As such, upside for the name is likely warranted Specifically, management may be concerned about the longevity of economic and policy tailwinds in Spain, the long-term demand for module deliveries, and their ability to sell their U.S. assets held f...

Travis Miller

Morningstar | First Solar's Backlog Keeps Growing as Healthy Demand Remains Tailwind

We are reaffirming our $58 per share fair value estimate for First Solar after it reported a loss of $0.64 per share in the first quarter of 2019. The loss for the quarter was expected, and we are maintaining our full-year earnings estimate. We are also reaffirming our no-moat and stable moat trend ratings. Higher startup costs for the company’s new factories and lower closed sales in the quarter weighed on results. We expect the timing of project sales will reverse in the second half. Management raised its outlook for revenue in 2019 to $3.5 billion-$3.7 billion on stronger sales, in line wi...

Travis Miller

First Solar's Backlog Keeps Growing as Healthy Demand Remains Tailwind

We are reaffirming our $58 per share fair value estimate for First Solar after it reported a loss of $0.64 per share in the first quarter of 2019. The loss for the quarter was expected, and we are maintaining our full-year earnings estimate. We are also reaffirming our no-moat and stable moat trend ratings. Higher startup costs for the company’s new factories and lower closed sales in the quarter weighed on results. We expect the timing of project sales will reverse in the second half. Managemen...

With a more favourable environment, FIRST SOLAR INCO. improves to Slightly Positive

FIRST SOLAR INCO. (US), a company active in the Renewable Energy Equipment industry, is favoured by a more supportive environment. The independent financial analyst theScreener has confirmed the fundamental rating of the title, which shows 3 out of 4 stars, as well as its unchanged, moderately risky market behaviour. The title leverages a more favourable environment and raises its general evaluation to Slightly Positive. As of the analysis date July 16, 2019, the closing price was USD 64.49 and its potential was estimated at USD 74.05.

ValuEngine Rating and Forecast Report for FSLR

ValuEngine Rating and Forecast Report for FSLR

ValuEngine Rating and Forecast Report for FSLR

ValuEngine Rating and Forecast Report for FSLR

ValuEngine Rating and Forecast Report for FSLR

ValuEngine Rating and Forecast Report for FSLR

ValuEngine Rating and Forecast Report for FSLR

ValuEngine Rating and Forecast Report for FSLR

First Solar Inc (FSLR) - Power - Deals and Alliances Profile

Summary First Solar, Inc. (First Solar) is a provider of photovoltaic (PV) solar energy solutions. It designs, manufactures and sells PV solar modules with an advanced thin-film semiconductor technology; and also develops, designs, constructs and sells PV solar power systems. The company uses its CdTe thin-film technology for manufacturing its solar modules and develops crystalline silicon modules from high-efficiency N-Type Mono cells. The company offers its solar modules to solar project developers and system integrators and operators of renewable energy projects. First Solar also offers so...

Dave Nicoski ...
  • Ross LaDuke

Vital Signs: Actionable charts

Key Points: • Homebuilding stocks remain constructive with many bouncing off of support and RS remains constructive. (ex. KBH, MHO, MDC, MTH, NVR) • Automotive Dealerships continue to develop positively and remains leadership in the Consumer Discretionary Sector. (GPI, KMX, AN) • A number of Semiconductors and Suppliers remain leadership (ex. ICHR, NANO, RTEC, AEIS, PDFS, FSLR, XLNX, and OLED)

Dave Nicoski ...
  • Ross LaDuke

Vital Signs: Actionable charts

Key Points: • A few Consumer Discretionary names continue to act well. (ex. UA, WHR, ELY, RRGB, SHAK, BOOT, ROST, WSM, and COTY) • The decline in oil prices may be helping some of the airlines. A few of them are near potential reversal points (ex. AAL and UAL) • Attractive Technology names include: (ex. UCTT, SEDG, FSLR, and TTEC)

Dave Nicoski ...
  • Ross LaDuke

Vermilion Compass: Weekly Equity Strategy

Upgrading cap-weighted Communications to overweight; 10 to 2's Treasury spread breaking out We continue to move increasingly toward the bullish camp and we believe equities are poised for higher prices moving forward. Below we highlight several developments which help lead us to this conclusion. • 10 to 2's Treasury yield spread widening & breaking out. The 10 to 2's spread is quietly breaking out to YTD highs and breaking above a ~2.5-year downtrend. This steepening yield curve is good for Financials/banks and also the economy as recession concerns are subsiding... see chart below. • Comm...

Dave Nicoski ...
  • Ross LaDuke

Vital Signs: Actionable charts

Key Points: • Homebuilders and Auto Parts suppliers continue to stage price and RS reversals. • A number of Industrial Manufacturing are in the process of reversing price and RS downtrends or forming bullish bases. • Semiconductors and Semi-Suppliers continue to be leadership with many breaking topside of bases and staging price and RS reversals.

Dave Nicoski ...
  • Ross LaDuke

Vermilion Compass: Weekly Equity Strategy

Upgrading Manufacturing The S&P 500 continues to hover below critical resistance at its 200-day moving average while market participants remain in a wait-and-see mode for new developments on U.S.-China trade and whether a deal will be made on border security. At the same time, breadth improvements have extended to our Manufacturing Sector - a welcomed sight given its cyclical nature. • Upgrading Manufacturing to market weight. Our cap-weighted Manufacturing Sector has steadily improved in our RSR ranks due in large part to strength in Aerospace & Defense Groups... see charts below and page 2...

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