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First Solar (FSLR) Rises Higher Than Market: Key Facts
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First Solar (FSLR - Free Report) ended the recent trading session at $188.71, demonstrating a +1.13% change from the preceding day's closing price. The stock outperformed the S&P 500, which registered a daily gain of 1.05%. Elsewhere, the Dow gained 0.69%, while the tech-heavy Nasdaq added 1.64%.
Shares of the largest U.S. solar company have depreciated by 3.24% over the course of the past month, underperforming the Oils-Energy sector's loss of 2.76%, and the S&P 500's gain of 8.59%.
Investors will be eagerly watching for the performance of First Solar in its upcoming earnings disclosure. The company's earnings report is set to be unveiled on April 30, 2026. The company is predicted to post an EPS of $2.8, indicating a 43.59% growth compared to the equivalent quarter last year. Alongside, our most recent consensus estimate is anticipating revenue of $1.05 billion, indicating a 23.81% upward movement from the same quarter last year.
For the annual period, the Zacks Consensus Estimates anticipate earnings of $17.4 per share and a revenue of $5.11 billion, signifying shifts of +22.45% and -2.19%, respectively, from the last year.
Additionally, investors should keep an eye on any recent revisions to analyst forecasts for First Solar. These latest adjustments often mirror the shifting dynamics of short-term business patterns. Hence, positive alterations in estimates signify analyst optimism regarding the business and profitability.
Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical rating system.
The Zacks Rank system, ranging from #1 (Strong Buy) to #5 (Strong Sell), possesses a remarkable history of outdoing, externally audited, with #1 stocks returning an average annual gain of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has moved 6.3% lower. First Solar currently has a Zacks Rank of #5 (Strong Sell).
In terms of valuation, First Solar is presently being traded at a Forward P/E ratio of 10.72. This signifies a discount in comparison to the average Forward P/E of 15.83 for its industry.
We can additionally observe that FSLR currently boasts a PEG ratio of 0.42. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. As the market closed yesterday, the Solar industry was having an average PEG ratio of 0.82.
The Solar industry is part of the Oils-Energy sector. At present, this industry carries a Zacks Industry Rank of 205, placing it within the bottom 16% of over 250 industries.
The strength of our individual industry groups is measured by the Zacks Industry Rank, which is calculated based on the average Zacks Rank of the individual stocks within these groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Don't forget to use Zacks.com to keep track of all these stock-moving metrics, and others, in the upcoming trading sessions.
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First Solar (FSLR) Rises Higher Than Market: Key Facts
First Solar (FSLR - Free Report) ended the recent trading session at $188.71, demonstrating a +1.13% change from the preceding day's closing price. The stock outperformed the S&P 500, which registered a daily gain of 1.05%. Elsewhere, the Dow gained 0.69%, while the tech-heavy Nasdaq added 1.64%.
Shares of the largest U.S. solar company have depreciated by 3.24% over the course of the past month, underperforming the Oils-Energy sector's loss of 2.76%, and the S&P 500's gain of 8.59%.
Investors will be eagerly watching for the performance of First Solar in its upcoming earnings disclosure. The company's earnings report is set to be unveiled on April 30, 2026. The company is predicted to post an EPS of $2.8, indicating a 43.59% growth compared to the equivalent quarter last year. Alongside, our most recent consensus estimate is anticipating revenue of $1.05 billion, indicating a 23.81% upward movement from the same quarter last year.
For the annual period, the Zacks Consensus Estimates anticipate earnings of $17.4 per share and a revenue of $5.11 billion, signifying shifts of +22.45% and -2.19%, respectively, from the last year.
Additionally, investors should keep an eye on any recent revisions to analyst forecasts for First Solar. These latest adjustments often mirror the shifting dynamics of short-term business patterns. Hence, positive alterations in estimates signify analyst optimism regarding the business and profitability.
Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical rating system.
The Zacks Rank system, ranging from #1 (Strong Buy) to #5 (Strong Sell), possesses a remarkable history of outdoing, externally audited, with #1 stocks returning an average annual gain of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has moved 6.3% lower. First Solar currently has a Zacks Rank of #5 (Strong Sell).
In terms of valuation, First Solar is presently being traded at a Forward P/E ratio of 10.72. This signifies a discount in comparison to the average Forward P/E of 15.83 for its industry.
We can additionally observe that FSLR currently boasts a PEG ratio of 0.42. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. As the market closed yesterday, the Solar industry was having an average PEG ratio of 0.82.
The Solar industry is part of the Oils-Energy sector. At present, this industry carries a Zacks Industry Rank of 205, placing it within the bottom 16% of over 250 industries.
The strength of our individual industry groups is measured by the Zacks Industry Rank, which is calculated based on the average Zacks Rank of the individual stocks within these groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Don't forget to use Zacks.com to keep track of all these stock-moving metrics, and others, in the upcoming trading sessions.