FSLR vs. ASX, ENPH, WDS, PBA, EQT, CTRA, MRO, CQP, OVV, and WES
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), Woodside Energy Group (WDS), Pembina Pipeline (PBA), EQT (EQT), Coterra Energy (CTRA), Marathon Oil (MRO), Cheniere Energy Partners (CQP), Ovintiv (OVV), and Western Midstream Partners (WES).
ASE Technology (NYSE:ASX) and First Solar (NASDAQ:FSLR) are both large-cap computer and technology companies, but which is the superior investment? We will compare the two businesses based on the strength of their community ranking, analyst recommendations, dividends, media sentiment, profitability, valuation, earnings, institutional ownership and risk.
6.8% of ASE Technology shares are owned by institutional investors. Comparatively, 92.1% of First Solar shares are owned by institutional investors. 22.9% of ASE Technology shares are owned by insiders. Comparatively, 0.6% of First Solar shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company will outperform the market over the long term.
ASE Technology currently has a consensus target price of $7.84, suggesting a potential downside of 22.46%. First Solar has a consensus target price of $231.36, suggesting a potential upside of 29.45%. Given ASE Technology's stronger consensus rating and higher possible upside, analysts clearly believe First Solar is more favorable than ASE Technology.
First Solar received 714 more outperform votes than ASE Technology when rated by MarketBeat users. However, 64.35% of users gave ASE Technology an outperform vote while only 55.28% of users gave First Solar an outperform vote.
First Solar has a net margin of 25.03% compared to First Solar's net margin of 5.44%. ASE Technology's return on equity of 13.80% beat First Solar's return on equity.
ASE Technology has higher revenue and earnings than First Solar. ASE Technology is trading at a lower price-to-earnings ratio than First Solar, indicating that it is currently the more affordable of the two stocks.
ASE Technology has a beta of 1.25, suggesting that its stock price is 25% more volatile than the S&P 500. Comparatively, First Solar has a beta of 1.41, suggesting that its stock price is 41% more volatile than the S&P 500.
In the previous week, First Solar had 17 more articles in the media than ASE Technology. MarketBeat recorded 23 mentions for First Solar and 6 mentions for ASE Technology. ASE Technology's average media sentiment score of 0.63 beat First Solar's score of 0.47 indicating that First Solar is being referred to more favorably in the news media.
Summary
First Solar beats ASE Technology on 14 of the 18 factors compared between the two stocks.
Get First Solar News Delivered to You Automatically
Sign up to receive the latest news and ratings for FSLR and its competitors with MarketBeat's FREE daily newsletter.
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.
Skip ChartThis 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.
Skip Chart
First Solar Competitors List
Related Companies and Tools