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 (NASDAQ:FSLR) and ASE Technology (NYSE:ASX) are both large-cap oils/energy companies, but which is the superior investment? We will contrast the two companies based on the strength of their earnings, community ranking, media sentiment, dividends, profitability, institutional ownership, analyst recommendations, risk and valuation.
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.
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.
In the previous week, First Solar had 20 more articles in the media than ASE Technology. MarketBeat recorded 25 mentions for First Solar and 5 mentions for ASE Technology. ASE Technology's average media sentiment score of 1.37 beat First Solar's score of 0.65 indicating that ASE Technology is being referred to more favorably in the news media.
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.
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.
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, endowments and hedge funds believe a company will outperform the market over the long term.
First Solar presently has a consensus target price of $238.20, indicating a potential upside of 20.55%. ASE Technology has a consensus target price of $7.84, indicating a potential downside of 25.52%. Given First Solar's stronger consensus rating and higher possible upside, research analysts clearly believe First Solar is more favorable than ASE Technology.
Summary
First Solar beats ASE Technology on 12 of the 18 factors compared between the two stocks.
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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.
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