In recent trading session, First Solar Inc (NASDAQ:FSLR) saw 1.7 million shares changing hands at last check today with its beta currently measuring 1.38. Company’s recent per share price level of $176.48 trading at -$1.1 or -0.62% at last check today assigns it a market valuation of $18.89B. That closing price of FSLR’s stock is at a discount of -31.46% from its 52-week high price of $232.00 and is indicating a premium of 26.78% from its 52-week low price of $129.21. Taking a look at company’s average trading volume volume of 2.15 million if we extend that period to 3-months.

First Solar Inc (NASDAQ:FSLR) trade information

Upright in the red during last session for losing -0.62%, in the last five days FSLR remained trading in the green while hitting it’s week-highest on Wednesday, 05/01/24 when the stock touched $176.48 price level, adding 3.93% to its value on the day. First Solar Inc’s shares saw a change of 2.44% in year-to-date performance and have moved 0.84% in past 5-day. First Solar Inc (NASDAQ:FSLR) showed a performance of 5.85% in past 30-days.

First Solar Inc (FSLR) estimates and forecasts

Statistics highlight that First Solar Inc is scoring comparatively higher than the scores of other players of the relevant industry. The company added 23.89% of value to its shares in past 6 months, showing an annual growth rate of 75.32% while that of industry is -11.30. Apart from that, the company came raising its revenue forecast for fiscal year 2024. This year revenue growth is estimated to rise 35.80% from the last financial year’s standing.

23 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 1.12B for the same. And 22 analysts are in estimates of company making revenue of 1.27B in the next quarter. Company posted 810.67M and 894.12M of sales in current and next quarters respectively a year earlier.

Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 41.58% during past 5 years. In 2024, company’s earnings growth rate is likely to be around 75.37% while estimates for its earnings growth in next 5 years are of 57.30%.

FSLR Dividends

First Solar Inc is more likely to be releasing its next quarterly report in June and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt.