First Solar (FSLR) Rises Higher Than Market: Key Facts

Group 1: Company Performance - First Solar (FSLR) closed at $160.34, with a daily increase of +1.09%, outperforming the S&P 500's gain of 1.04% [1] - Over the past month, First Solar shares have decreased by 15.1%, while the Oils-Energy sector lost 1.08% and the S&P 500 gained 3.92% [1] Group 2: Upcoming Earnings - First Solar is set to release its earnings on February 25, 2025, with projected earnings per share (EPS) of$ 4.69, reflecting a 44.31% increase year-over-year [2] - The consensus estimate for revenue is $1.47 billion, indicating a 26.91% increase compared to the same quarter last year [2] Group 3: Analyst Estimates and Valuation - Changes in analyst estimates for First Solar are important as they reflect short-term business trends, with positive revisions indicating a favorable business outlook [3] - The Zacks Rank system, which evaluates estimate changes, currently ranks First Solar at 3 (Hold) [5] - First Solar has a Forward P/E ratio of 7.79, which is below the industry average of 8.97, and a PEG ratio of 0.18 compared to the industry average of 0.52 [6] Group 4: Industry Context - The Solar industry, part of the Oils-Energy sector, has a Zacks Industry Rank of 77, placing it in the top 31% of over 250 industries [7] - The top 50% rated industries outperform the bottom half by a factor of 2 to 1 [7]