First Solar, Inc. with ticker code (FSLR) now have 24 confirmed analysts covering the stock with the consensus suggesting a rating of ‘buy’. The range between the high target price and low target price is between $326.00 and $157.56 suggesting an average Analsyt target price of $227.42. Given that the stocks previous close was at $162.33 and the analysts are correct then there would likely be a percentage uptick in value of 40.1%. It’s also worth noting that there is a 50 day moving average of $156.23 and the 200 moving average now moves to $179.28. The company has a market cap of 17.13B. The stock price is currently at: $160.29 USD
The potential market cap would be $23,993,103,072 based on the market consensus.
The company is not paying dividends at this time.
Other points of data to note are a P/E ratio of 36.26, revenue per share of $29.63 and a 3.28% return on assets.
First Solar, Inc. is a solar technology company and global provider of photovoltaic cells (PV) solar energy solutions. The Company manufactures and sells PV solar modules with a semiconductor technology, which provides an alternative to conventional crystalline silicon PV solar modules. The Company operates through two segments: Modules Business and Other. Its Modules Business segment is involved in the designing, manufacturing, and selling of CdTe solar modules, which convert sunlight into electricity. Third-party customers of the modules business segment include developers and operators of systems, utilities, independent power producers, commercial and industrial companies, and other system owners. The Company’s products include the Series 7 Module and Series 6 Module. The Company has its manufacturing locations in Malaysia, the United States and Vietnam. Its subsidiaries include First Solar Development, LLC, First Solar FE Holdings Pte. Ltd. and First Solar Malaysia Sdn. Bhd.
