First Solar, Inc. (NASDAQ:FSLR) PEG Ratio At -0.48


Market experts has given a mean price target of $54.74 to First Solar, Inc. (NASDAQ:FSLR) stock. The target price is the mean of all calls released by analysts in First Call poll. They have EPS estimate of $1.21 for the near-term quarter and $4.25 for this year.

Technical View

The technical assessment of First Solar, Inc. pinpoints that the 50-day moving average of First Solar, Inc. (NASDAQ:FSLR) stock is $37.87, and is trading $-2.49 points away or -6.57% from 50-day moving average of $37.87. It is trading $-15.24 or -30.11% off 200-day MA of $50.62.

The 52-week high of First Solar, Inc. (NASDAQ:FSLR) was $74.29 while $33.74 is the low point in the same period. First Solar, Inc. share price has to rise more than $-38.91 to register a high for 52-weeks or drop +4.86% to make 52-week low. MA should be referred to as moving average.

Without understanding when a stock is over-valued, or too richly priced, a shareholder may miss out on a chance to cash-in on a profit and investment. Worse, a shareholder might close up their position when a price has no direction.

P/E ratio

First Solar, Inc. (NASDAQ:FSLR) P/E ratio is 5.21 while PEG ratio is at -0.48. By overlooking a firm’s price-to-earnings ratio, a shareholder could miss out to discover the true value of stocks and end up investing in the wrong stocks. A P/E ratio is a computation of how much investors are wanting to pay for a purchasing an equity relative to the firm’s earnings. It is valuable when comparing the equity price of one firm to another trading in the same industry. The P/E ratio is discovered by dividing market value of stock by average earnings per share in a specified period of time, for instance, the past year.

First Solar, Inc. stock recorded a close of $35.38 in last trading session, which brings it market cap to $3.62B.

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