FTCI

FTC Solar, Inc. [FTCI] Stock Forecast

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In the News

08:30 28 Mar 2024 FTCI

FTC Solar to Present at Roth Conference March 18, 2024

AUSTIN, Texas, March 15, 2024 (GLOBE NEWSWIRE) -- FTC Solar, Inc. (Nasdaq: FTCI), a leading provider of solar tracker systems, software and engineering services, today announced that it is scheduled to present at the 36th Annual Roth Conference on March 18, 2024 at 9:00 a.m. Pacific Time. A live webcast and replay of this event will be accessible from the Events section of FTC Solar's website at www.ftcsolar.com. The company will also participate in meetings with investors that day.

10:33 28 Mar 2024 FTCI

FTC Solar, Inc. (FTCI) Q4 2023 Earnings Call Transcript

FTC Solar, Inc. (FTCI) Q4 2023 Earnings Call Transcript

06:16 28 Mar 2024 FTCI

FTC Solar (FTCI) Reports Q4 Loss, Tops Revenue Estimates

FTC Solar (FTCI) came out with a quarterly loss of $0.08 per share versus the Zacks Consensus Estimate of a loss of $0.07. This compares to loss of $0.11 per share a year ago.

08:00 28 Mar 2024 FTCI

FTC Solar to Announce Fourth Quarter and Full Year 2023 Financial Results Wednesday, March 13, 2024

AUSTIN, Texas, Feb. 27, 2024 (GLOBE NEWSWIRE) -- FTC Solar, Inc. (Nasdaq: FTCI), a leading provider of solar tracker systems, software, and engineering services, today announced it will report its fourth quarter and full year 2023 financial results after market close on Wednesday, March 13, 2024.

12:29 28 Mar 2024 FTCI

Biden administration examining role of supply chain middlemen in generic drug shortages

The FTC and HHS are seeking public comment on the contracting practices and market concentration of group purchasing organizations and drug wholesalers.

02:12 28 Mar 2024 FTCI

Penny Stocks To Buy Now? 4 To Watch In The Stock Market Today

Whether you're trading penny stocks or higher-priced companies, what's happening in the stock market today can have a sweeping impact on various trends. Hopefully, I'm telling you something you already know.

01:32 28 Mar 2024 FTCI

11 Top Penny Stocks To Buy Now According To Insiders

Ever wonder what signals to look for in the stock market today? Let's talk about insider buying – a goldmine of clues that could lead you to the next prospect to add to your list of penny stocks to watch.

12:52 28 Mar 2024 FTCI

5 Penny Stocks To Buy Now According To Insiders

Penny stocks are often priced under $5 per share. They attract traders seeking big gains.

03:43 28 Mar 2024 FTCI

FTC Solar, Inc. (FTCI) Q3 2023 Earnings Call Transcript

FTC Solar, Inc. (NASDAQ:FTCI ) Q3 2023 Earnings Conference Call November 8, 2023 8:30 AM ET Company Participants Bill Michalek - Vice President, Investor Relations Shaker Sadasivam - Chairman of the Board Patrick Cook - Chief Commercial Officer Cathy Behnen - Chief Financial Officer Conference Call Participants Philip Shen - ROTH MKM Donovan Schafer - Northland Capital Markets Amit Dayal - H.C. Wainwright Pavel Molchanov - Raymond James & Associates Jon Windham - UBS Alex Vrabel - Bank of America Operator Hello and welcome to FTC Solar Third Quarter 2023 Earnings Conference Call.

11:53 28 Mar 2024 FTCI

FTC Solar stock plunges on larger 3Q loss, CEO and CFO departure

FTC Solar Inc shares plummeted 62% to $0.46 in late-morning trading on Wednesday after the solar tracking systems maker announced a third quarter 2023 adjusted loss of $0.08 per share, falling short of the analyst consensus forecast for a $0.06 per-share deficit.  Its revenue for the period, however, rose 84% year over year to $30.5 million, edging past the $29.1 million Wall Street estimate although its top-line results fell 5.6% sequentially.

FTCI Financial details

Company Rating
Sell
Market Cap
58.53M
Income
-50.29M
Revenue
127M
Book val./share
0.5
Cash/share
0.2
Dividend
-
Dividend %
-
Employees
213
Optionable
No
Shortable
Yes
Earnings
08 May 2024
P/E
-1.19
Forward P/E
-5.88
PEG
0.21
P/S
0.57
P/B
0.96
P/C
2.94
P/FCF
-1.41
Quick Ratio
1.85
Current Ratio
2.18
Debt / Equity
0.03
LT Debt / Equity
0.02
-
-
EPS (TTM)
-0.43
EPS next Y
-0.1
EPS next Q
-0.03
EPS this Y
-55.1%
EPS next Y
-75.75%
EPS next 5Y
-
EPS last 5Y
17.08%
Revenue last 5Y
19.04%
Revenue Q/Q
-24.05%
EPS Q/Q
-36.21%
-
-
-
-
SMA20
-1.89%
SMA50
-8.77%
SMA100
-55.17%
Inst Own
31.58%
Inst Trans
0.85%
ROA
-44%
ROE
-83%
ROC
-0.73%
Gross Margin
4%
Oper. Margin
-45%
Profit Margin
-46%
Payout
-
Shs Outstand
125.01M
Shs Float
55.55M
-
-
-
-
Target Price
6.6
52W Range
0.282-3.87
52W High
-
52W Low
-
RSI
57.61
Rel Volume
1.39
Avg Volume
815.22K
Volume
1.14M
Perf Week
18.3%
Perf Month
-2.78%
Perf Quarter
-47%
Perf Half Y
-55.43%
-
-
-
-
Beta
1.601
-
-
Volatility
0.04%, 0.05%
Prev Close
13.35%
Price
0.5883
Change
26.11%

FTCI Financial Performance

Yearly Fundamentals Overview

Last date of statement is 2023-12-31

Metric History 2019-12-312020-12-312021-12-312022-12-31 2023-12-31
2.02K2.02K2.02K2.02K2.02K
Revenue per share
0.772.723.151.211.1
Net income per share
-0.2-0.25-1.24-0.98-0.44
Operating cash flow per share
0-0.01-1.55-0.54-0.46
Free cash flow per share
0-0.01-1.56-0.55-0.46
Cash per share
0.10.471.190.440.22
Book value per share
-0.120.111.660.660.54
Tangible book value per share
-0.120.111.660.570.47
Share holders equity per share
-0.120.111.660.660.54
Interest debt per share
0.20.030.030.020.02
Market cap
981.24M981.24M649.85M271.77M80.05M
Enterprise value
981.86M950.66M549.46M228.59M56.68M
P/E ratio
-72.71-56.64-6.1-2.73-1.59
Price to sales ratio
18.475.242.42.210.63
POCF ratio
-3.86K-1.92K-4.89-4.99-1.52
PFCF ratio
-3.61K-1.28K-4.85-4.9-1.5
P/B Ratio
-116.19131.694.554.091.28
PTB ratio
-116.19131.694.554.091.28
EV to sales
18.485.072.031.860.45
Enterprise value over EBITDA
-82.1-56.32-4.33-2.31-1.15
EV to operating cash flow
-3.87K-1.86K-4.14-4.19-1.08
EV to free cash flow
-3.61K-1.24K-4.1-4.12-1.06
Earnings yield
-0.01-0.02-0.16-0.37-0.63
Free cash flow yield
00-0.21-0.2-0.67
Debt to equity
-1.590.240.010.020.03
Debt to assets
0.40.020.010.010.02
Net debt to EBITDA
-0.051.810.790.440.47
Current ratio
0.911.12.531.971.98
Interest coverage
-27.25-35.26-155.78-101.81-200.7
Income quality
0.020.031.250.551.05
Dividend Yield
00000
Payout ratio
00000
Sales general and administrative to revenue
0.090.060.280.440.29
Research and developement to revenue
0.070.030.040.080.05
Intangibles to total assets
0000.060.06
Capex to operating cash flow
0.070.50.010.020.02
Capex to revenue
000-0.01-0.01
Capex to depreciation
-0.04-5.45-4.42-1.09-0.59
Stock based compensation to revenue
0.020.010.230.160.07
Graham number
0.740.786.813.812.3
ROIC
-2.45-1.76-0.87-1.46-0.77
Return on tangible assets
-0.4-0.24-0.44-0.79-0.44
Graham Net
-0.32-0.191.010.20.16
Working capital
-3.09M5.91M142.53M58.35M53.84M
Tangible asset value
-8.48M7.45M142.87M57.8M54.58M
Net current asset value
-11.64M1.78M135.63M50.74M47.91M
Invested capital
-1.590.240.010.020.03
Average receivables
018.89M65.64M78.3M57.17M
Average payables
012.66M28.2M27.53M11.89M
Average inventory
03.1M5.27M11.9M12.52M
Days sales outstanding
96.5246.24145.11145.48187.61
Days payables outstanding
54.2834.0347.2938.3724.37
Days of inventory on hand
29.863.3510.6736.330.82
Receivables turnover
3.787.892.522.511.95
Payables turnover
6.7210.737.729.5114.98
Inventory turnover
12.23108.9634.2110.0511.84
ROE
1.6-2.32-0.75-1.5-0.81
Capex per share
00-0.01-0.01-0.01

Quarterly Fundamentals Overview

Last date of statement is 2023-12-31 for Q4

Metric History 2022-12-312023-03-312023-06-302023-09-30 2023-12-31
2.02K2.02K2.02K2.02K2.02K
Revenue per share
0.250.380.290.260.19
Net income per share
-0.2-0.11-0.09-0.14-0.09
Operating cash flow per share
-0.05-0.08-0.2-0.13-0.05
Free cash flow per share
-0.05-0.08-0.2-0.13-0.05
Cash per share
0.430.390.30.260.2
Book value per share
0.640.640.70.620.5
Tangible book value per share
0.560.560.630.550.44
Share holders equity per share
0.640.640.70.620.5
Interest debt per share
0.010.020.020.010.02
Market cap
278.37M240.28M362.8M153.34M86.67M
Enterprise value
235.19M200.47M331.27M123.13M63.3M
P/E ratio
-3.39-5.11-8.71-2.26-1.94
Price to sales ratio
10.625.8811.215.023.74
POCF ratio
-51.31-28.89-16.13-9.85-13.82
PFCF ratio
-49.74-28.8-16.01-9.68-13.08
P/B Ratio
4.193.524.572.071.39
PTB ratio
4.193.524.572.071.39
EV to sales
8.974.910.244.032.73
Enterprise value over EBITDA
-11.77-16.52-32.55-7.54-5.57
EV to operating cash flow
-43.35-24.11-14.73-7.91-10.09
EV to free cash flow
-42.03-24.03-14.62-7.77-9.55
Earnings yield
-0.07-0.05-0.03-0.11-0.13
Free cash flow yield
-0.02-0.03-0.06-0.1-0.08
Debt to equity
0.020.040.030.020.03
Debt to assets
0.010.020.020.010.02
Net debt to EBITDA
2.163.283.11.852.06
Current ratio
1.971.922.352.181.98
Interest coverage
-206.89-213.74-370.25-150.71-198.92
Income quality
0.260.712.160.920.56
Dividend Yield
00000
Payout ratio
00000
Sales general and administrative to revenue
0.530.260.270.370.26
Research and developement to revenue
0.090.050.060.060.06
Intangibles to total assets
0.060.060.060.060.06
Capex to operating cash flow
0.0300.010.020.06
Capex to revenue
-0.010-0.01-0.01-0.02
Capex to depreciation
-0.54-0.08-0.5-0.78-0.96
Stock based compensation to revenue
0.350.120.090.04-0.03
Graham number
1.691.261.211.41
ROIC
-0.3-0.17-0.12-0.21-0.17
Return on tangible assets
-0.16-0.09-0.08-0.13-0.1
Graham Net
0.20.20.280.210.15
Working capital
58.35M57.85M68.95M65.43M53.84M
Tangible asset value
57.8M59.7M71.43M66.27M54.58M
Net current asset value
50.74M50.1M61.83M58.83M47.91M
Invested capital
0.020.040.030.020.03
Average receivables
50.99M55.18M65.52M70.55M68.33M
Average payables
21.37M19.75M25.38M18.42M8.88M
Average inventory
16.13M11.78M7.33M5.35M7.37M
Days sales outstanding
168.37134.92193.93210.28253.23
Days payables outstanding
50.5554.980.7232.431.9
Days of inventory on hand
47.8219.9418.0415.4240.35
Receivables turnover
0.530.670.460.430.36
Payables turnover
1.781.641.112.782.82
Inventory turnover
1.884.514.995.842.23
ROE
-0.31-0.17-0.13-0.23-0.18
Capex per share
00000

FTCI Frequently Asked Questions

What is FTC Solar, Inc. stock symbol ?

FTC Solar, Inc. is a US stock , located in Austin of Tx and trading under the symbol FTCI

Is FTC Solar, Inc. buy or a sell ?

6 stock analysts have 6 predictions with a medium analyst target price of $6.67. The lowest prediction is $3 and the highest is $10

What is FTCI stock prediction ?

What is FTC Solar, Inc. stock quote today ?

FTC Solar, Inc. stock price is $0.5883 today.

Is FTC Solar, Inc. stock public?

Yes, FTC Solar, Inc. is a publicly traded company.

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