18 Analysts think that the Price Target for First Solar, Inc. Wall Street is expecting earnings per share of 41 cents for the year. The analyst recommendations from a month ago are 4 Buy, 1 Overweight, 2 Sell, 17 Hold and 0 Underweight. The High end of the Estimate is $1.16 Billion, while the Low end of the Estimate is $244.73 Million. Looking at the stock's movement on the chart, First Solar, Inc. recorded a 52-week high of $74.29.
First Solar raised its 2017 net sales forecast to $2.8 billion-$2.9 billion from the $2.5 billion-$2.6 billion it previously forecast. Net income reduced as compared to the prior quarter as a result of lower net sales, higher restructuring charges and a boost in tax expense, partially offset by a boost in equity in earnings.
First Solar, Inc. reported a net loss of $719.86 million for its fourth quarter of the year.
The largest US solar manufacturer's fourth-quarter net loss was $719.9 million, or $6.92 a share, compared with income of $164.1 million, or $1.60 a share, a year earlier, Tempe, Arizona-based First Solar said in a statement Tuesday.
Today, Needham & Company LLC reiterated its Hold rating on First Solar (NASDAQ:FSLR).
The company's net sales almost halved to $480.4 million, but beat analysts' estimate of $412.8 million.
Learn how you could trade stocks with 91% to 100% success rate by using this revolutionary indicator that predicts when certain stocks are on the move. The average revenue estimate for the year ending December 2017 is $2.03B by 7 analysts. The firm has a 50 day moving average of $33.38 and a 200 day moving average of $35.40.
First Solar Inc. swung to a loss in the latest quarter as it booked hefty restructuring charges and revenue almost halved. The last close places the company's stock about $1.28 off its 52 week high of $15.91 and $6.21 above the 52 week low of $8.42.
02/22/2017 - First Solar, Inc. had its "perform" rating reiterated by analysts at Oppenheimer. The number of shares now owned by investors are 101.74 mln. The Average Volume for the stock is measured as 2.26 Million. The insider owns 131,193 shares which have current market value of around $4804287.66.Mr James A. Hughes is another major inside shareholder in the company. Over the trailing year, the stock is underperforming the S&P 500 by 23.12, and it's gotten there by action that has been more volatile on a day-to-day basis than most other stocks on the exchange.
USG Corporation's growth estimate for the current quarter is 4.7, and 19.6 percent for the next quarter. The Systems segment provides a complete solar power system solution, which includes project development, engineering, procurement and construction services, operating and maintenance services.
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Patch used the Facebook Live to encourage animal rights activists to support conservation. 'We are all on the same team. Patch said giraffes hide signs of active labor to protect their calves from predators.