Skip to main content



) -- Solar company

First Solar

(FSLR) - Get First Solar, Inc. Report

was the worst performer in the

S&P 500

intraday Wednesday.

The S&P 500 was rising 4.38 points, or 0.33%, to 1,347.74.

Shares of First Solar fell 3.84% ito $26.57. The stock has been having a rough week, as it was among the worst performers in the index on


as well.

The company is in the midst of a

critical strategic transition


TheStreet Recommends

First Solar shares hit a 52-week low on Wednesday of $26.51. The stock's 52-week high of $163 was set on April 1.

First Solar has an estimated price-to-earnings ratio of 6.17 times; the average for renewable energy equipment companies is 8.66. For comparison,


(SPWR) - Get SunPower Corporation Report


STR Holdings


both have higher forward P/Es of 11.35 and 11.42, respectively.

Twenty-six of the 40 analysts who cover First Solar rated it hold. Seven analysts gave the stock a buy rating and another seven rated it sell.

TheStreet Ratings

gives First Solar a

C- grade

and a hold rating. The stock has fallen 21.27% year to date.

-- Written by Alexandra Zendrian

>To contact the writer of this article, click here:

Alexandra Zendrian

>To submit a news tip, send an email to:


>To follow the writer on Twitter, go to

Alexandra Zendrian