First Solar (FSLR) to Release Earnings on Thursday

First Solar (NASDAQ:FSLR) will be releasing its earnings data after the market closes on Thursday, February 21st. Analysts expect First Solar to post earnings of $0.64 per share for the quarter. Persons that wish to register for the company’s earnings conference call can do so using this link.

FSLR opened at $50.64 on Thursday. First Solar has a 12 month low of $36.51 and a 12 month high of $81.72. The company has a debt-to-equity ratio of 0.09, a quick ratio of 4.14 and a current ratio of 4.48. The company has a market capitalization of $5.27 billion, a P/E ratio of 19.55, a price-to-earnings-growth ratio of 1.21 and a beta of 1.31.

Several research firms recently commented on FSLR. Goldman Sachs Group upgraded First Solar from a “sell” rating to a “neutral” rating and raised their target price for the company from $39.00 to $46.00 in a research report on Monday, December 3rd. BidaskClub cut First Solar from a “hold” rating to a “sell” rating in a research report on Saturday, February 9th. Morgan Stanley lowered their target price on First Solar from $61.00 to $56.00 and set an “equal weight” rating on the stock in a research report on Tuesday, December 11th. UBS Group lowered their target price on First Solar to $73.00 and set a “buy” rating on the stock in a research report on Wednesday, December 12th. They noted that the move was a valuation call. Finally, Miller Tabak upgraded First Solar from a “hold” rating to a “buy” rating in a research report on Monday, December 17th. One analyst has rated the stock with a sell rating, seven have assigned a hold rating and thirteen have issued a buy rating to the company. The stock presently has an average rating of “Buy” and an average target price of $65.47.

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About First Solar

First Solar, Inc provides photovoltaic solar energy solutions in the United States and internationally. It operates through two segments, Components and Systems. The Components segment designs, manufactures, and sells cadmium telluride solar modules that convert sunlight into electricity. This segment offers its products to integrators and operators.

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Earnings History for First Solar (NASDAQ:FSLR)

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