First Solar wraps up S Arabia’s 1st solar-powered irrigation system

While the DJIA is price-weighted and only includes 30 stocks, the S&P 500 uses a weighting system that factors in market cap and the size of a company’s free float while including some 500 stocks for a more comprehensive look at the broader markets’ performance. The company has a market capitalization of $1.08 billion and a PE ratio of 6.11. Creative Planning bought a new position in Canadian Solar during the fourth quarter worth $0. The company has been rated an average of 1.88 by 16 Wall Street Analysts. (NASDAQ:FSLR) is at 72.16 while the highest price target suggested by the analysts is 100.00 and low price target is 38.00.

During the last several months other analysts have commented on the company rating. The 50-day SMA for First Solar Inc.is $61.20 and its 200-day SMA is $53.40. Following the sale, the chief financial officer now directly owns 46,876 shares in the company, valued at approximately $2,581,461.32. ID Management A bought a new stake in First Solar during the fourth quarter valued at $254,000. Avondale Partners started coverage on First Solar in a report on Thursday, October 1st. Barclays reiterated an overweight rating and issued a $90.00 price target (up from $71.00) on shares of First Solar in a research note on Friday, January 22nd.

USA solar major First Solar Inc (NASDAQ:FSLR) said Tuesday it has installed a 684-kW photovoltaic (PV) array at an agricultural water pumping system at a farm for organic products in Saudi Arabia. Last fiscal, the company posted earnings per share (EPS) of 5.67, while for next quarter it is expected at 0.80. They now have a $69.00 price target on the solar cell manufacturer’s stock.

The company’s mean estimate for sales for the current quarter ending Dec-15 is 928.63 million by 17 analysts. During the same period in the prior year, the business earned $1.75 earnings per share.

Zacks Research has listed Canadian Solar Inc. The Components segment designs, manufactures, and sells solar modules that convert sunlight into electricity. It has two segments: module segment and energy segment. The Company designs, manufactures and sells photovoltaic (PV) solar modules, and also develops, designs, constructs and sells PV solar power solutions. The systems segment provides turn-key PV solar power systems or solar solutions for systems primarily using its solar modules. “Easy-to-deploy and able to address very specific needs, innovative solar-powered solutions can address a wide range of energy challenges, as this pilot facility demonstrates”, said Dr. Raed Bkayrat, vice president of business for First Solar in the Middle East. Its specialty solar products consist of solar modules that the customers incorporate into their own products and complete specialty products, such as portable solar home systems.