JinkoSolar Holding Company Limited (JKS) Earns Daily Coverage Optimism Score of 0.06
News articles about JinkoSolar Holding Company Limited (NYSE:JKS) have trended somewhat positive on Sunday, Accern reports. Accern ranks the sentiment of news coverage by reviewing more than 20 million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. JinkoSolar Holding Company Limited earned a news sentiment score of 0.06 on Accern’s scale. Accern also assigned headlines about the semiconductor company an impact score of 45.5897922554395 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.
JinkoSolar Holding Company Limited (NYSE:JKS) traded down $0.76 during midday trading on Friday, hitting $26.44. The stock had a trading volume of 336,352 shares, compared to its average volume of 555,191. The company has a market cap of $860.54, a price-to-earnings ratio of 11.96, a P/E/G ratio of -3.43 and a beta of 1.92. The company has a debt-to-equity ratio of 0.07, a quick ratio of 0.76 and a current ratio of 1.02.
JinkoSolar Holding Company Limited (NYSE:JKS) last released its quarterly earnings data on Wednesday, September 6th. The semiconductor company reported $0.20 EPS for the quarter, missing the consensus estimate of $0.69 by ($0.49). The company had revenue of $1.17 billion during the quarter, compared to analyst estimates of $998.22 million. JinkoSolar Holding Company Limited had a net margin of 5.42% and a return on equity of 7.88%. The company’s quarterly revenue was up 30.4% compared to the same quarter last year. During the same period in the previous year, the company posted $2.04 EPS. analysts expect that JinkoSolar Holding Company Limited will post 0.77 EPS for the current fiscal year.
Several equities analysts have recently weighed in on JKS shares. ValuEngine raised shares of JinkoSolar Holding Company Limited from a “buy” rating to a “strong-buy” rating in a research note on Friday, September 1st. Roth Capital raised their price target on shares of JinkoSolar Holding Company Limited from $18.00 to $26.00 and gave the stock a “neutral” rating in a research note on Tuesday, September 26th. Axiom Securities started coverage on shares of JinkoSolar Holding Company Limited in a research note on Thursday, September 21st. They set a “sell” rating and a $10.00 price target for the company. Zacks Investment Research cut shares of JinkoSolar Holding Company Limited from a “hold” rating to a “strong sell” rating in a research note on Wednesday, September 27th. Finally, Credit Suisse Group cut shares of JinkoSolar Holding Company Limited from an “outperform” rating to a “neutral” rating and decreased their price target for the stock from $25.00 to $20.00 in a research note on Tuesday, August 22nd. Four research analysts have rated the stock with a sell rating, two have given a hold rating and two have issued a buy rating to the company’s stock. JinkoSolar Holding Company Limited currently has a consensus rating of “Hold” and a consensus price target of $20.50.
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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.
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