JinkoSolar Holding Company Limited (NYSE:JKS) is set to release its earnings data before the market opens on Wednesday, September 6th. Analysts expect JinkoSolar Holding Company Limited to post earnings of $0.69 per share for the quarter.

JinkoSolar Holding Company Limited (NYSE:JKS) last posted its quarterly earnings results on Monday, June 5th. The semiconductor company reported $0.28 earnings per share for the quarter, missing analysts’ consensus estimates of $0.48 by $0.20. JinkoSolar Holding Company Limited had a net margin of 6.92% and a return on equity of 12.53%. The company had revenue of $839.30 million during the quarter, compared to analyst estimates of $780.08 million. During the same quarter in the previous year, the business posted $1.72 earnings per share. The company’s revenue for the quarter was down 1.0% on a year-over-year basis. On average, analysts expect JinkoSolar Holding Company Limited to post $1.53 EPS for the current fiscal year and $2.04 EPS for the next fiscal year.

Shares of JinkoSolar Holding Company Limited (NYSE JKS) opened at 28.52 on Monday. JinkoSolar Holding Company Limited has a 1-year low of $12.72 and a 1-year high of $29.36. The firm has a market capitalization of $912.55 million, a P/E ratio of 3.88 and a beta of 1.96. The stock has a 50 day moving average of $26.59 and a 200-day moving average of $20.01.

ILLEGAL ACTIVITY WARNING: This article was posted by The Cerbat Gem and is owned by of The Cerbat Gem. If you are viewing this article on another site, it was illegally copied and reposted in violation of US & international trademark & copyright law. The correct version of this article can be viewed at https://www.thecerbatgem.com/2017/09/04/jinkosolar-holding-company-limited-jks-scheduled-to-post-earnings-on-wednesday.html.

A hedge fund recently raised its stake in JinkoSolar Holding Company Limited stock. State Street Corp boosted its position in JinkoSolar Holding Company Limited (NYSE:JKS) by 0.4% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 89,099 shares of the semiconductor company’s stock after buying an additional 345 shares during the quarter. State Street Corp owned approximately 0.28% of JinkoSolar Holding Company Limited worth $1,854,000 as of its most recent filing with the Securities and Exchange Commission (SEC). 21.28% of the stock is currently owned by institutional investors.

Several research analysts have recently commented on the company. ValuEngine raised JinkoSolar Holding Company Limited from a “buy” rating to a “strong-buy” rating in a report on Friday. Credit Suisse Group lowered JinkoSolar Holding Company Limited from an “outperform” rating to a “neutral” rating and cut their target price for the stock from $25.00 to $20.00 in a research note on Tuesday, August 22nd. Zacks Investment Research raised JinkoSolar Holding Company Limited from a “strong sell” rating to a “hold” rating in a research note on Tuesday, August 8th. Axiom Securities reaffirmed a “buy” rating on shares of JinkoSolar Holding Company Limited in a research note on Saturday, July 22nd. Finally, Citigroup Inc. lowered JinkoSolar Holding Company Limited from a “neutral” rating to a “sell” rating and cut their target price for the stock from $15.55 to $15.00 in a research note on Friday, May 26th. Two analysts have rated the stock with a sell rating, three have issued a hold rating, two have assigned a buy rating and one has issued a strong buy rating to the stock. JinkoSolar Holding Company Limited has an average rating of “Hold” and an average price target of $21.00.

About JinkoSolar Holding Company Limited

JinkoSolar Holding Co, Ltd. operates in the photovoltaic (PV) industry. The Company has built a vertically integrated solar power product value chain, from recovering silicon materials to manufacturing solar modules and solar power generation. The Company’s segments include the manufacturing segment and the solar power projects segment.

Earnings History for JinkoSolar Holding Company Limited (NYSE:JKS)

Receive News & Stock Ratings for JinkoSolar Holding Company Limited Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for JinkoSolar Holding Company Limited and related stocks with our FREE daily email newsletter.