First Solar Stock Buy Hold or Sell Recommendation
| FSLR Stock | USD 240.45 1.36 0.56% |
Given the investment horizon of 90 days and your above-average risk tolerance, our recommendation regarding First Solar is 'Sell'. A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell First Solar given historical horizon and risk tolerance towards First Solar. When Macroaxis issues a 'buy' or 'sell' recommendation for First Solar, the advice is generated through an automated system that utilizes algorithms and statistical models.
Check out First Solar Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. To learn how to invest in First Stock, please use our How to Invest in First Solar guide. Note, we conduct extensive research on individual companies such as First and provide practical buy, sell, or hold advice based on investors' constraints. First Solar. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
First |
Execute First Solar Buy or Sell Advice
The First recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on First Solar. Macroaxis does not own or have any residual interests in First Solar or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute First Solar's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Sell
Market Performance | Very Weak | Details | |
Volatility | Very steady | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Almost mirrors the market | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Strong Buy | Details | |
Reporting Quality (M-Score) | Unavailable | Details |
First Solar Trading Alerts and Improvement Suggestions
| First Solar generated a negative expected return over the last 90 days | |
| First Solar has high historical volatility and very poor performance | |
| Over 90.0% of the company shares are owned by institutional investors | |
| Latest headline from zacks.com: First Solar Rises As Market Takes a Dip Key Facts |
First Solar Returns Distribution Density
The distribution of First Solar's historical returns is an attempt to chart the uncertainty of First Solar's future price movements. The chart of the probability distribution of First Solar daily returns describes the distribution of returns around its average expected value. We use First Solar price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of First Solar returns is essential to provide solid investment advice for First Solar.
| Mean Return | -0.06 | Value At Risk | -5.91 | Potential Upside | 5.04 | Standard Deviation | 3.61 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of First Solar historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
First Stock Institutional Investors
The First Solar's institutional investors refer to entities that pool money to purchase First Solar's securities or originate loans. These institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds.
| Shares | Jpmorgan Chase & Co | 2024-06-30 | 1.4 M | Norges Bank | 2024-06-30 | 1.4 M | Amundi | 2024-06-30 | 1.3 M | Schroder Investment Management Group | 2024-06-30 | 1.3 M | Ubs Asset Mgmt Americas Inc | 2024-06-30 | 1.2 M | Wellington Management Company Llp | 2024-06-30 | 1.2 M | Samlyn Capital, Llc | 2024-06-30 | 1.1 M | Northern Trust Corp | 2024-06-30 | 1 M | Bank Of America Corp | 2024-06-30 | 950.6 K | Vanguard Group Inc | 2024-06-30 | 12.5 M | Blackrock Inc | 2024-06-30 | 11.3 M |
First Solar Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change In Cash | (116.1M) | (172.9M) | 182.2M | 37.6M | 471.6M | 495.2M | |
| Free Cash Flow | (494.5M) | (379.5M) | (302.7M) | (30.2M) | (784.5M) | (745.3M) | |
| Other Non Cash Items | (119.1M) | (97.0M) | (225.1M) | (366.7M) | 16.7M | 14.9M | |
| Capital Expenditures | 668.7M | 416.6M | 540.3M | 903.6M | 1.4B | 1.5B | |
| Net Income | (114.9M) | 398.4M | 468.7M | (44.2M) | 830.8M | 872.3M | |
| End Period Cash Flow | 1.4B | 1.3B | 1.5B | 1.5B | 2.0B | 1.1B | |
| Change To Inventory | (83.5M) | (145.4M) | (136.4M) | 16.7M | (205.1M) | (194.9M) | |
| Depreciation | 205.5M | 232.9M | 259.9M | 269.7M | 308.0M | 185.7M | |
| Investments | 309.3M | 290.9M | 147.5M | (1.2B) | (869.7M) | (826.2M) | |
| Net Borrowings | 90.0M | (68.7M) | 56.5M | 321.5M | 369.7M | 388.2M | |
| Change To Netincome | (12.9M) | 120.4M | (57.1M) | (350.8M) | (315.7M) | (300.0M) | |
| Change Receivables | (202.3M) | (73.6M) | 345.2M | (97.0M) | (111.5M) | (105.9M) |
First Solar Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to First Solar or Semiconductors & Semiconductor Equipment sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that First Solar's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a First stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | -0.2 | |
β | Beta against Dow Jones | 1.08 | |
σ | Overall volatility | 3.72 | |
Ir | Information ratio | -0.05 |
First Solar Volatility Alert
First Solar exhibits very low volatility with skewness of 0.73 and kurtosis of 4.57. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure First Solar's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact First Solar's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.First Solar Implied Volatility
First Solar's implied volatility exposes the market's sentiment of First Solar stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if First Solar's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that First Solar stock will not fluctuate a lot when First Solar's options are near their expiration.
First Solar Fundamentals Vs Peers
Comparing First Solar's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze First Solar's direct or indirect competition across all of the common fundamentals between First Solar and the related equities. This way, we can detect undervalued stocks with similar characteristics as First Solar or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of First Solar's fundamental indicators could also be used in its relative valuation, which is a method of valuing First Solar by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare First Solar to competition |
| Fundamentals | First Solar | Peer Average |
| Return On Equity | 0.18 | -0.31 |
| Return On Asset | 0.0799 | -0.14 |
| Profit Margin | 0.32 % | (1.27) % |
| Operating Margin | 0.37 % | (5.51) % |
| Current Valuation | 24.6 B | 16.62 B |
| Shares Outstanding | 107.05 M | 571.82 M |
| Shares Owned By Insiders | 5.43 % | 10.09 % |
| Shares Owned By Institutions | 89.50 % | 39.21 % |
| Number Of Shares Shorted | 4.33 M | 4.71 M |
| Price To Earning | 35.42 X | 28.72 X |
| Price To Book | 3.55 X | 9.51 X |
| Price To Sales | 6.84 X | 11.42 X |
| Revenue | 3.32 B | 9.43 B |
| Gross Profit | 127.66 M | 27.38 B |
| EBITDA | 1.26 B | 3.9 B |
| Net Income | 830.78 M | 570.98 M |
| Cash And Equivalents | 1.85 B | 2.7 B |
| Cash Per Share | 17.31 X | 5.01 X |
| Total Debt | 624.39 M | 5.32 B |
| Debt To Equity | 0.04 % | 48.70 % |
| Current Ratio | 4.21 X | 2.16 X |
| Book Value Per Share | 67.78 X | 1.93 K |
| Cash Flow From Operations | 602.26 M | 971.22 M |
| Short Ratio | 2.31 X | 4.00 X |
| Earnings Per Share | 11.20 X | 3.12 X |
| Price To Earnings To Growth | 0.33 X | 4.89 X |
| Target Price | 293.51 | |
| Number Of Employees | 6.7 K | 18.84 K |
| Beta | 1.44 | -0.15 |
| Market Capitalization | 25.74 B | 19.03 B |
| Total Asset | 10.37 B | 29.47 B |
| Retained Earnings | 3.97 B | 9.33 B |
| Working Capital | 3.33 B | 1.48 B |
Note: Disposition of 36966 shares by Ahearn Michael J of First Solar subject to Rule 16b-3 [view details]
First Solar Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as First . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Accumulation Distribution | 97249.71 | |||
| Daily Balance Of Power | (0.12) | |||
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 245.6 | |||
| Day Typical Price | 243.88 | |||
| Price Action Indicator | (5.83) | |||
| Period Momentum Indicator | (1.36) |
About First Solar Buy or Sell Advice
When is the right time to buy or sell First Solar? Buying financial instruments such as First Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
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In addition to having First Solar in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Additional Tools for First Stock Analysis
When running First Solar's price analysis, check to measure First Solar's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy First Solar is operating at the current time. Most of First Solar's value examination focuses on studying past and present price action to predict the probability of First Solar's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move First Solar's price. Additionally, you may evaluate how the addition of First Solar to your portfolios can decrease your overall portfolio volatility.