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FTC Solar (FTCI)
NASDAQ:FTCI
Holding FTCI?
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FTCI Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$0.18 - $1.57
Previous Close$0.49
Volume1.91M
Average Volume (3M)6.67M
Market Cap
$65.56M
Enterprise Value$53.25M
Total Cash (Recent Filing)$10.78M
Total Debt (Recent Filing)$1.11M
Price to Earnings (P/E)―
Beta2.69
Next Earnings
Nov 06, 2024EPS Estimate
-$0.09Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.40
Shares Outstanding127,366,590
10 Day Avg. Volume36,686,365
30 Day Avg. Volume6,667,989
Standard Deviation0.25
R-Squared0.09
Alpha-0.08
Financial Highlights & Ratios
Price to Book (P/B)1.41
Price to Sales (P/S)0.90
Price to Cash Flow (P/CF)-4.60
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue0.68
Enterprise Value/Gross Profit6.41
Enterprise Value/Ebitda-1.73
Forecast
1Y Price Target
$0.77Price Target Upside49.60% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering4
FTC Solar News
PremiumCompany Announcements
FTC Solar Welcomes New Director and Audit Committee Member
PremiumPress Releases
FTC Solar Announces Resignation of Board MemberBulls Say, Bears Say
Bulls Say
Customer And Service ImprovementManagement's focus on improving customer service, sales, and engineering could be an important catalyst for the stock.
Operational EfficiencyThe management team has effectively reduced the EBITDA breakeven level, demonstrating improved operational efficiency.
Revenue GrowthThe company has a backlog of $1.8B, showing potential for future revenue growth.
Bears Say
EarningsRevenues of $12.6M compared to $40.9M in 1Q23, a 69% YoY decline
Financial PerformanceManagement is guiding for lower than expected 1Q24 revenues and negative gross margins
GuidanceUpdated 1Q24 revenue guidance is below consensus expectations, indicating potential short-term challenges
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Ownership Overview
62.93% Insiders
4.65% Mutual Funds
4.11% Other Institutional Investors
28.31% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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FTCI FAQ
What was FTC Solar’s price range in the past 12 months?
FTC Solar lowest stock price was $0.17 and its highest was $1.56 in the past 12 months.
What is FTC Solar’s market cap?
Currently, no data Available
When is FTC Solar’s upcoming earnings report date?
FTC Solar’s upcoming earnings report date is Nov 06, 2024 which is in 47 days.
How were FTC Solar’s earnings last quarter?
FTC Solar released its earnings results on Aug 08, 2024. The company reported -$0.09 earnings per share for the quarter, missing the consensus estimate of -$0.087 by -$0.003.
Is FTC Solar overvalued?
According to Wall Street analysts FTC Solar’s price is currently Undervalued.
Does FTC Solar pay dividends?
FTC Solar does not currently pay dividends.
What is FTC Solar’s EPS estimate?
FTC Solar’s EPS estimate is -$0.09.
How many shares outstanding does FTC Solar have?
FTC Solar has 127,366,590 shares outstanding.
What happened to FTC Solar’s price movement after its last earnings report?
FTC Solar reported an EPS of -$0.09 in its last earnings report, missing expectations of -$0.087. Following the earnings report the stock price went down -34.211%.
Which hedge fund is a major shareholder of FTC Solar?
Among the largest hedge funds holding FTC Solar’s share is Cavalry Management Group, Llc. It holds FTC Solar’s shares valued at 54K.
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FTC Solar Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$0.77 (49.60% Upside)
$0.77 (49.60% Upside)
Insider Transactions
Bought Shares
Worth $497.6K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▲ 0.3%
Last 30 Days ▲ 5.9%
Last 30 Days ▲ 5.9%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-63.40%
12-Months-Change
Fundamentals
Return on Equity
-79.47%
Trailing 12-Months
Asset Growth
-26.98%
Trailing 12-Months
Company Description
FTC Solar
FTC Solar Inc is a global provider of advanced solar tracker systems, supported by proprietary software and value-added engineering services. It focuses on providing differentiated products, software and services that maximize energy generation and cost savings for customers, and to help facilitate the continued growth and adoption of solar power globally.
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FTCI Earnings Call
Q2 2024
0:00 / 0:00
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FTCI Stock 12 Month Forecast
Average Price Target
$0.77
▲(49.60% Upside)
Technical Analysis
Shoals Technologies Group
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Maxeon Solar Technologies
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Sunnova Energy International
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Sunrun
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Best Analysts Covering FTCI
1 Year
1 Year Success Rate
4/8 ratings generated profit
1 Year Average Return
-13.79%
reiterated a sell rating 11 months ago
Copying Julien Dumoulin Smith's trades and holding each position for 1 Year would result in 50.00% of your transactions generating a profit, with an average return of -13.79% per trade.
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