Stock Updates

Is this Large Market Cap Stock target price reasonable for First Solar, Inc. (NASDAQ:FSLR)?

The company in question is, First Solar, Inc. (NASDAQ:FSLR) currently with a stock price of 39.6 (2.38% today). The market cap for First Solar, Inc. is 4187.88, and is in the sector Technology, and Semiconductor РSpecialized industry. The target price for First Solar, Inc. is 52.85. Currently First Solar, Inc. is trading with a P/E of 5.67, and a forward P/E of 18.38. Average volume for First Solar, Inc. is 3168.05 and so far today it is 1167609.

Performance in the last year for First Solar, Inc. has been -25.54%. For EPS growth, First Solar, Inc. has seen a growth of 37.80%, and is looking to grow in the next year to -50.49%. More long term stats show that EPS growth has been -6.90% over the last five years and could be *TBA for the next five years. First Solar, Inc. has seen sales growth quarter over quarter at 4.30%, with EPS growth quarter over quarter at -86.00%. The 20-day simple moving average is 3.99%, with the 200-day simple moving average coming to -25.49%.

Since the IPO date for First Solar, Inc. on the 11/17/2006, First Solar, Inc. has seen performance year to date to be -41.39%. With First Solar, Inc. trading at 39.6, the dividend yield is *TBA, and the EPS is 6.82.

So could First Solar, Inc., be undervalued? Well as said before P/E is 5.67. The PEG is *TBA, P/S is 1.05 and the P/B is at 0.68. The P/cash is 2.51, with P/free cash flow at *TBA.

First Solar, Inc. ability to deal with debt shows that the current ratio is 3.2, and the quick ratio is 2.8. This is with long term debt/equity at 0.03, and total debt/equity at 0.04.

In terms of margins, First Solar, Inc. has a gross margin of 29.30%, an operating margin of 17.60% and a profit margin of 17.50%.Payout ratio for First Solar, Inc. is 0.00%. Return on assets come to 9.50% with return on investment coming to 9.00%.

Insider ownership for First Solar, Inc., is at 0.60% and institutional ownership comes to 61.80%. Outstanding shares are at 108.27. While shares float is 75.11. The float short is currently 16.89%, and short ratio is 4.

Disclaimer: Remember there is a risk to your investment, this is not a recommendation, nor personal advice, never invest more than you are able too loose.

About the author

Mark Hines

Leave a Comment