For those aiming to surpass market returns, the art of stock picking is crucial. Making wise choices in stocks can greatly enhance your overall wealth.
After finishing at $136.18 in the prior trading day, First Solar Inc (NASDAQ: FSLR) closed at $127.63, down -6.28%. In other words, the price has decreased by -$6.28 from its previous closing price. On the day, 4.68 million shares were traded.
Ratios:
Our goal is to gain a better understanding of FSLR by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.93 and its Current Ratio is at 2.45. In the meantime, Its Debt-to-Equity ratio is 0.09 whereas as Long-Term Debt/Eq ratio is at 0.06.
On February 11, 2025, Mizuho Upgraded its rating to Outperform which previously was Neutral and also upped its target price recommendation from $218 to $259.
Seaport Research Partners Upgraded its Neutral to Buy on January 16, 2025, while the target price for the stock was maintained at $274.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Feb 28 ’25 when Widmar Mark R sold 21,542 shares for $141.09 per share. The transaction valued at 3,039,361 led to the insider holds 103,403 shares of the business.
Verma Kuntal Kumar sold 7,475 shares of FSLR for $1,021,086 on Feb 28 ’25. The Chief Manufacturing Officer now owns 3,549 shares after completing the transaction at $136.60 per share. On Feb 28 ’25, another insider, Verma Kuntal Kumar, who serves as the Officer of the company, bought 7,475 shares for $141.09 each.
Valuation Measures:
As of this moment, First’s Price-to-Earnings (P/E) ratio for their current fiscal year is 10.62, and their Forward P/E ratio for the next fiscal year is 4.89. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.31. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.25 while its Price-to-Book (P/B) ratio in mrq is 1.71.
Stock Price History:
Over the past 52 weeks, FSLR has reached a high of $306.77, while it has fallen to a 52-week low of $133.90. The 50-Day Moving Average of the stock is -25.55%, while the 200-Day Moving Average is calculated to be -39.28%.
Shares Statistics:
A total of 107.06M shares are outstanding, with a floating share count of 99.67M. Insiders hold about 6.90% of the company’s shares, while institutions hold 90.57% stake in the company.
