First Solar (FSLR) Competitors

$194.62
+2.69 (+1.40%)
(As of 05/16/2024 ET)

FSLR vs. ASX, ENPH, CTRA, PBA, CQP, EQT, TRGP, MRO, WES, and TPL

Should you be buying First Solar stock or one of its competitors? The main competitors of First Solar include ASE Technology (ASX), Enphase Energy (ENPH), Coterra Energy (CTRA), Pembina Pipeline (PBA), Cheniere Energy Partners (CQP), EQT (EQT), Targa Resources (TRGP), Marathon Oil (MRO), Western Midstream Partners (WES), and Texas Pacific Land (TPL).

First Solar vs.

First Solar (NASDAQ:FSLR) and ASE Technology (NYSE:ASX) are both large-cap oils/energy companies, but which is the better stock? We will contrast the two companies based on the strength of their institutional ownership, media sentiment, community ranking, earnings, dividends, profitability, analyst recommendations, valuation and risk.

First Solar has a net margin of 28.75% compared to ASE Technology's net margin of 5.41%. First Solar's return on equity of 16.24% beat ASE Technology's return on equity.

Company Net Margins Return on Equity Return on Assets
First Solar28.75% 16.24% 10.61%
ASE Technology 5.41%10.09%4.60%

92.1% of First Solar shares are owned by institutional investors. Comparatively, 6.8% of ASE Technology shares are owned by institutional investors. 0.6% of First Solar shares are owned by company insiders. Comparatively, 22.9% of ASE Technology shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company is poised for long-term growth.

First Solar received 723 more outperform votes than ASE Technology when rated by MarketBeat users. However, 64.35% of users gave ASE Technology an outperform vote while only 55.48% of users gave First Solar an outperform vote.

CompanyUnderperformOutperform
First SolarOutperform Votes
1093
55.48%
Underperform Votes
877
44.52%
ASE TechnologyOutperform Votes
370
64.35%
Underperform Votes
205
35.65%

ASE Technology has higher revenue and earnings than First Solar. First Solar is trading at a lower price-to-earnings ratio than ASE Technology, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
First Solar$3.32B6.28$830.78M$9.5420.40
ASE Technology$18.69B1.23$1.16B$0.4622.83

In the previous week, First Solar had 16 more articles in the media than ASE Technology. MarketBeat recorded 20 mentions for First Solar and 4 mentions for ASE Technology. ASE Technology's average media sentiment score of 1.06 beat First Solar's score of 0.80 indicating that ASE Technology is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
First Solar
10 Very Positive mention(s)
3 Positive mention(s)
2 Neutral mention(s)
2 Negative mention(s)
0 Very Negative mention(s)
Positive
ASE Technology
3 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

First Solar presently has a consensus price target of $238.20, suggesting a potential upside of 22.39%. ASE Technology has a consensus price target of $7.84, suggesting a potential downside of 25.38%. Given First Solar's stronger consensus rating and higher possible upside, equities research analysts plainly believe First Solar is more favorable than ASE Technology.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
First Solar
0 Sell rating(s)
1 Hold rating(s)
23 Buy rating(s)
0 Strong Buy rating(s)
2.96
ASE Technology
0 Sell rating(s)
1 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
2.50

First Solar has a beta of 1.37, suggesting that its stock price is 37% more volatile than the S&P 500. Comparatively, ASE Technology has a beta of 1.26, suggesting that its stock price is 26% more volatile than the S&P 500.

Summary

First Solar beats ASE Technology on 12 of the 18 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding FSLR and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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FSLR vs. The Competition

MetricFirst SolarSemiconductors & related devices IndustryEnergy SectorNASDAQ Exchange
Market Cap$20.83B$47.46B$8.25B$7.96B
Dividend YieldN/A2.12%11.65%3.93%
P/E Ratio20.4026.7915.8518.78
Price / Sales6.2815.7794.5779.12
Price / Cash17.7824.889.5531.19
Price / Book3.026.402.774.47
Net Income$830.78M$921.55M$985.58M$217.14M
7 Day Performance0.52%3.85%0.50%1.88%
1 Month Performance12.45%6.98%2.72%5.32%
1 Year Performance-8.54%24.46%8.13%11.56%

First Solar Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
ASX
ASE Technology
3.942 of 5 stars
$10.31
-2.0%
$7.84
-24.0%
+53.6%$22.60B$18.69B22.4192,894Short Interest ↓
Positive News
ENPH
Enphase Energy
4.8035 of 5 stars
$110.78
+2.2%
$133.45
+20.5%
-31.6%$15.07B$1.83B57.703,157Gap Up
CTRA
Coterra Energy
4.6895 of 5 stars
$27.98
-0.4%
$32.73
+17.0%
+8.8%$20.82B$5.91B16.17894Analyst Forecast
Short Interest ↓
Positive News
PBA
Pembina Pipeline
2.8264 of 5 stars
$36.87
+0.1%
$44.75
+21.4%
+15.3%$21.37B$9.13B16.032,837Dividend Increase
Analyst Downgrade
Analyst Revision
News Coverage
CQP
Cheniere Energy Partners
0.6589 of 5 stars
$47.00
-1.3%
$47.80
+1.7%
+0.7%$22.75B$9.66B10.151,605Positive News
EQT
EQT
4.3074 of 5 stars
$39.78
+2.2%
$44.69
+12.3%
+16.5%$17.57B$4.54B28.83881Analyst Forecast
Short Interest ↓
TRGP
Targa Resources
4.0421 of 5 stars
$112.91
-0.3%
$119.92
+6.2%
+63.3%$25.03B$16.06B23.233,182Analyst Forecast
Insider Selling
MRO
Marathon Oil
4.8931 of 5 stars
$26.56
-0.1%
$32.61
+22.8%
+16.6%$14.98B$6.38B10.981,681Analyst Forecast
Positive News
WES
Western Midstream Partners
2.0093 of 5 stars
$37.12
+2.5%
$31.09
-16.2%
+45.8%$14.12B$3.11B10.461,377Analyst Revision
TPL
Texas Pacific Land
3.2319 of 5 stars
$605.26
-3.0%
$694.17
+14.7%
+31.7%$13.91B$659.38M32.18100

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This page (NASDAQ:FSLR) was last updated on 5/16/2024 by MarketBeat.com Staff

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