First Solar (FSLR) Projected to Post Quarterly Earnings on Tuesday

First Solar (NASDAQ:FSLR) is expected to announce its earnings results after the market closes on Tuesday, February 25th. Analysts expect the company to announce earnings of $4.81 per share and revenue of $1.48 billion for the quarter. Investors that are interested in registering for the company’s conference call can do so using this link.

First Solar Stock Performance

Shares of NASDAQ FSLR opened at $155.39 on Friday. The company has a current ratio of 2.14, a quick ratio of 1.44 and a debt-to-equity ratio of 0.05. The stock has a 50 day simple moving average of $176.11 and a 200-day simple moving average of $200.32. The company has a market cap of $16.64 billion, a PE ratio of 13.38, a P/E/G ratio of 0.19 and a beta of 1.47. First Solar has a 12-month low of $141.70 and a 12-month high of $306.77.

Analyst Upgrades and Downgrades

A number of equities research analysts have weighed in on FSLR shares. BMO Capital Markets restated an “outperform” rating and issued a $260.00 target price (down from $286.00) on shares of First Solar in a research report on Wednesday, October 30th. Royal Bank of Canada cut their target price on First Solar from $315.00 to $280.00 and set an “outperform” rating for the company in a research report on Wednesday, October 30th. StockNews.com upgraded First Solar from a “sell” rating to a “hold” rating in a research report on Thursday, January 2nd. The Goldman Sachs Group cut their target price on First Solar from $311.00 to $279.00 and set a “buy” rating for the company in a research report on Wednesday, October 30th. Finally, Susquehanna cut their target price on First Solar from $280.00 to $252.00 and set a “positive” rating for the company in a research report on Wednesday, October 30th. Two equities research analysts have rated the stock with a hold rating, twenty-four have given a buy rating and two have assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Buy” and an average price target of $276.38.

First Solar Company Profile

First Solar, Inc, a solar technology company, provides photovoltaic (PV) solar energy solutions in the United States, France, Japan, Chile, and internationally. The company manufactures and sells PV solar modules with a thin film semiconductor technology that provides a lower-carbon alternative to conventional crystalline silicon PV solar modules.