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How to buy First Solar (FSLR) stocks in Canada

Learn how to easily invest in First Solar stocks.

First Solar is a solar business based in the US. First Solar stocks (FSLR.US) are listed on the NASDAQ and all prices are listed in US Dollars. Its last market close was $89.91 – a decrease of 3.11% over the previous week. First Solar employs 5,100 staff and has a trailing 12-month revenue of around $2.6 billion.

How to buy shares in First Solar

  1. Compare share trading platforms. Use our comparison table to help you find a platform that fits you.
  2. Open your brokerage account. Complete an application with your details.
  3. Confirm your payment details. Fund your account.
  4. Research the stock. Find the stock by name or ticker symbol – FSLR – and research it before deciding if it's a good investment for you.
  5. Purchase now or later. Buy your desired number of shares with a market order or use a limit order to delay your purchase until the stock reaches a desired price.
  6. Check in on your investment. Optimize your portfolio by tracking your stock.

Is it a good time to buy First Solar stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

How has Coronavirus impacted First Solar's stock price?

Since the stock market crash in March caused by coronavirus, First Solar's stock price has had significant positive movement.

Its last market close was $81.5, which is 37.93% up on its pre-crash value of $50.59 and 186.27% up on the lowest point reached during the March crash when the stocks fell as low as $28.47.

If you had bought $1,000 worth of First Solar stocks at the start of February 2020, those stocks would have been worth $658.09 at the bottom of the March crash, and if you held on to them, then as of the last market close they'd be worth $1,621.85.

First Solar stock price (NASDAQ:FSLR)

Use our graph to track the performance of FSLR stocks over time.

First Solar shares at a glance

Information last updated 2022-01-17.
Latest market close$81.50
52-week range$67.71 - $123.13
50-day moving average $97.47
200-day moving average $91.35
Wall St. target price$110.87
PE ratio 19.5848
Dividend yield N/A (0%)
Earnings per share (TTM) $4.24

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Note: The dollar amounts in the table below are in Canadian dollars.

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First Solar price performance over time

Historical closes compared with the close of $81.5 from 2022-01-18

1 week (2022-01-11) -3.49%
1 month (2021-12-17) -12.52%
3 months (2021-10-15) N/A
6 months (2021-07-19) -1.87%
1 year (2021-01-19) -18.70%
2 years (2020-01-17) 52.28%
3 years (2019-01-18) 70.00%
5 years (2017-01-19) 136.78%

Is First Solar under- or over-valued?

Valuing First Solar stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of First Solar's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

First Solar's P/E ratio

First Solar's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 20x. In other words, First Solar shares trade at around 20x recent earnings.

That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.

First Solar's PEG ratio

First Solar's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 4.6489. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.

The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into First Solar's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.

First Solar's EBITDA

First Solar's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $593.4 million.

The EBITDA is a measure of a First Solar's overall financial performance and is widely used to measure a its profitability.

First Solar financials

Revenue TTM $2.6 billion
Operating margin TTM 12.92%
Gross profit TTM $713.2 million
Return on assets TTM 2.97%
Return on equity TTM 8.07%
Profit margin 17.26%
Book value $54.83
Market capitalisation $8.8 billion

TTM: trailing 12 months

First Solar share dividends

We're not expecting First Solar to pay a dividend over the next 12 months.

First Solar share price volatility

Over the last 12 months, First Solar's shares have ranged in value from as little as $67.71 up to $123.13. A popular way to gauge a stock's volatility is its "beta".

FSLR.US volatility(beta: 1.38)Avg. volatility(beta: 1.00)LowHigh

Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while First Solar's is 1.3761. This would suggest that First Solar's shares are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).

First Solar overview

First Solar, Inc. provides photovoltaic (PV) solar energy solutions in the United State, Japan, France, Canada, India, Australia, and internationally. It operates in two segments, Modules and Systems. The Modules segment designs, manufactures, and sells cadmium telluride solar modules that convert sunlight into electricity to integrators and operators of PV solar power systems. The Systems segment provides power plant solutions, such as project development; engineering, procurement, and construction; and operating and maintenance services to utilities, independent power producers, commercial and industrial companies, and other system owners. The company was formerly known as First Solar Holdings, Inc. and changed its name to First Solar, Inc.

Frequently asked questions

Disclaimer: This information should not be interpreted as an endorsement of futures, stocks, ETFs, CFDs, options or any specific provider, service or offering. It should not be relied upon as investment advice or construed as providing recommendations of any kind. Futures, stocks, ETFs and options trading involves substantial risk of loss and therefore are not appropriate for all investors. Trading CFDs and forex on leverage comes with a higher risk of losing money rapidly. Past performance is not an indication of future results. Consider your own circumstances, and obtain your own advice, before making any trades.

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