Analyst Ratings for First Solar Inc. (FSLR)Updated: 2017-07-28
An average rating of Overweight has been given to First Solar Inc. (NASDAQ:FSLR) by analysts covering the stock. About 30 days ago, FSLR was issued an average rating of Overweight.
7 analysts declared FSLR a buy, 1 gave an overweight rating, 11 gave a hold rating, 0 gave an underweight rating, and 0 gave a sell rating. Over the past 90 days, the number of analysts that are bullish on the stock has increased by 3. Meanwhile, the number of analysts pessimistic about the company has decreased by 3.
FSLR was given price targets by several analysts. The most optimistic price target was 54, implying potential capital gains of 20.51 percent. The most pessimistic analyst gave a price target of 32, implying potential capital losses of -28.59 percent. Note that investment analysts can be biased in their reporting on companies's ratings and price targets.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 137.5 percent. The average change in earnings estimates over the last 90 days is 84.29 percent. Over the past 30 days, FY earnings estimates have also changed upwards by 7.79 percent. If we look at the last 90 days instead, we find a net average change of 76.67 percent in FY estimates.
People are often interested in whether analysts were united in the direction of their revisions. 1 analysts have revised their quarterly estimates upwards in the past 30 days, while 2 analysts revised their estimates downwards. During this time, 2 analysts made positive revisions in their estimates for this fiscal year's earnings, while 0 analysts decreased their estimates.
In the trailing 52-weeks, FSLR hit 49.50 at the highest peak, while it's lowest trading point was 25.56. The current market price is above the trailing year's low by 75.31 percent, and 9.47 percent lower than its 52-week high. FSLR has a price/earnings ratio of 0. Investors typically compare the P/E ratio to a company's peers in the industry. The FSLR value stock report compares FSLR to some of its peers using value stock charts. The stock has a market capitalization of $4.74 billion. FSLR's next earnings release will be on 0000-00-00, which is days away.