Analyst Stock Ratings: First Solar, Inc. (FSLR), Frank's International NV (FI)

Marco Green
January 13, 2018

Oracle Corp now has $202.01B valuation.

The stock decreased 0.54% or $0.38 during the last trading session, reaching $69.64. About 20,753 shares traded. (NASDAQ:FSLR). First Solar, Inc. has had 14 insider trades in the last 3 months, including 11 open market buys and 3 sells. It has outperformed by 70.16% the S&P500.

At the end of 09/30/2017 reporting period, 178 institutional holders increased their position in First Solar, Inc. Prentiss Smith & Co Inc sold 79,924 shares as First Solar Inc (FSLR)'s stock rose 4.31%. Insiders have sold 46,858 shares of company stock worth $3,134,015 over the last quarter. The firm has a market cap of $7,270.00, a P/E ratio of -16.74 and a beta of 2.04. The stock decreased 0.53% or $0.26 during the last trading session, reaching $48.8. The solar cell manufacturer reported $1.95 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $0.84 by $1.11. It has underperformed by 2.62% the S&P500. One equities research analyst has rated the stock with a sell rating, ten have issued a hold rating and twelve have assigned a buy rating to the company. Therefore 39% are positive. Ferro had 13 analyst reports since August 4, 2015 according to SRatingsIntel. The rating was maintained by Argus Research on Thursday, November 5 with "Buy". As per Thursday, December 17, the company rating was upgraded by Morgan Stanley. The company was initiated on Wednesday, January 11 by Bernstein.

Gauging the level of enthusiasm that Wall Street analysts have for a particular stock is important when considering an investment. JP Morgan maintained JD.com, Inc. KeyBanc Capital Markets maintained the shares of FOE in report on Friday, November 10 with "Overweight" rating. Nfc Investments Llc who had been investing in Pico Holdings Inc for a number of months, seems to be bullish on the $292.23 million market cap company. (NASDAQ:AAPL) shares were sold by LEVINSON ARTHUR D. On Thursday, August 24 the insider COOK TIMOTHY D sold $43.15M. The company presently has an average rating of "Hold" and an average target price of $63.22. On Thursday, December 10 the stock rating was maintained by Oppenheimer with "Outperform". Key Square Capital Management LLC purchased a new stake in shares of First Solar in the third quarter valued at about $23,621,000. Boston Partners now owns 378,011 shares of the solar cell manufacturer's stock valued at $14,928,000 after buying an additional 337,203 shares during the period.

Additionally, if the Trump administration were to impose tariffs on foreign-made solar cells, this could get more analysts to release upgrades on the stock and really get the animal spirits going. (NASDAQ:FSLR) has an average volume of 2.46 Million. They expect $-0.33 EPS, down 126.61% or $1.57 from last year's $1.24 per share. In the most recent quarterly financial report, for the quarter ending Sep. Goldman Sachs Group Incorporated stated it has 0.01% in First Solar, Inc. (NASDAQ:FSLR), 11 have Buy rating, 4 Sell and 13 Hold. As per Wednesday, December 9, the company rating was downgraded by Standpoint Research.

Over the past 50 days, First Solar, Inc. stock's -3.17% off of the high and 39.72% removed from the low. The firm has "Accumulate" rating given on Wednesday, August 12 by Global Hunter Securities. Robert W. Baird reaffirmed a "hold" rating and set a $53.00 price objective on shares of First Solar in a report on Friday, October 27th. Prelude Limited Co has invested 0.11% in First Solar, Inc. (NASDAQ:FSLR) on Tuesday, August 16 with "Buy" rating. Mizuho initiated the stock with "Neutral" rating in Thursday, March 31 report. $1.18M worth of stock was sold by KALETA PAUL J on Tuesday, August 1. The stock of Ferro Corporation (NYSE:FOE) earned "Buy" rating by Deutsche Bank on Monday, July 31. Vetr cut First Solar from a "strong-buy" rating to a "buy" rating and set a $38.18 price objective on the stock.in a research note on Monday, January 23rd. The third largest holder is Deutsche Bank Ag, which now holds $217.5 million worth of this stock and that ownership represents almost 2.73% of its market capitalization.

Since July 31, 2017, it had 0 buys, and 8 insider sales for $6.48 million activity.

The Thursday rally in FSLR stock as well as in other US solar-related stocks came on the back of renewed hopes that the Donald Trump administration on January 26 may chose to impose tariffs on imported solar modules and solar cells. Zurcher Kantonalbank Zurich Cantonalbank lifted its stake in First Solar by 64.3% during the third quarter.

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