First Solar, Inc., a solar technology company, provides photovoltaic (PV) solar energy solutions in the United States, France, India, Chile, and internationally. The company manufactures and sells PV solar modules with a thin film semiconductor technology that provides a lower-carbon alternative to conventional crystalline silicon PV solar modules. It also designs, manufactures, and sells cadmium telluride solar modules that converts sunlight into electricity. The company's residual business operations include project development activities, operations and maintenance services, and the sale of PV solar power systems to third-party customers. It serves developers and operators of systems, utilities, independent power producers, commercial and industrial companies, and other system owners. The company was formerly known as First Solar Holdings, Inc. and changed its name to First Solar, Inc. in 2006. First Solar, Inc. was founded in 1999 and is headquartered in Tempe, Arizona.
| Revenue | $4,206,289,000 |
| Net Income | $1,292,044,000 |
| Free Cash Flow | $-308,077,000 |
| Book Value / Share | $74.55 |
| Total Liabilities | $4,146,784,000 |
| Total Equity | $7,977,577,000 |
| Debt / Equity | 0.09 |
| Current Ratio | 2.45 |
| Interest Coverage | 35.87 |
| Working Capital | $3,011,591,000 |
Core multiples and valuation signals — useful to compare vs peers.
| P/E (TTM) | 14.60 |
| Industry P/E | N/A |
| Forward P/E | 11.72 |
| P/B | 2.36 |
| Price / Sales | 4.48 |
| P / FCF | -61.22 |
| EV / EBITDA | 9.61 |
| Graham Number | $142.31 |
| DCF (placeholder) | — |
| Gross Margin | 44.17% |
| Operating Margin | 33.15% |
| Net Margin | 30.72% |
| ROIC | 12.44% |
| Asset Turnover | 0.35 |
| RSI (14) | 70.01 |
| SMA 50 | 208.69 |
| SMA 200 | 169.38 |
| MACD | 7.47 |
| Signal | BULLISH |
| Name | Title |
|---|---|
| Mr. Mark R. Widmar | CEO & Director (1966) |
| Mr. Alexander R. Bradley | Chief Financial Officer (1981) |
| Mr. Markus Gloeckler | Chief Technology Officer (1974) |
| Mr. Georges J. Antoun | Chief Commercial Officer (1963) |
| Mr. Kuntal Kumar Verma | Chief Manufacturing Officer (1973) |
| Mr. Nathan Theurer | VP, Global Controller & Chief Accounting Officer (1981) |
| Mr. Byron Michael Jeffers | VP, Treasurer & Head of Investor Relations (1984) |
| Mr. Jason E. Dymbort | Executive VP, General Counsel & Secretary (1978) |
Shares of solar panel manufacturer First Solar (NASDAQ:FSLR) jumped 5.7% in the afternoon session after several investment banks raised their price targets on the stock, reflecting strong confidence in the company's future performance.
Recently, Zacks.com users have been paying close attention to First Solar (FSLR). This makes it worthwhile to examine what the stock has in store.
Finding stocks expected to beat quarterly earnings estimates becomes an easier task with our Zacks Earnings ESP.