Somewhat Favorable Press Coverage Somewhat Unlikely to Impact JA Solar (JASO) Stock Price
Headlines about JA Solar (NASDAQ:JASO) have trended somewhat positive this week, according to Accern Sentiment Analysis. The research group ranks the sentiment of media coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. JA Solar earned a news impact score of 0.05 on Accern’s scale. Accern also assigned news headlines about the solar energy provider an impact score of 45.2540132622101 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the near future.
These are some of the headlines that may have impacted Accern’s rankings:
- Canadian Solar (CSIQ) Wins 18 MWp Solar Project in Japan – Nasdaq (nasdaq.com)
- JinkoSolar Supplies Solar Modules to Armenia’s Largest Plant – Nasdaq (nasdaq.com)
- Notable Runners: Extraction Oil & Gas, Inc., (NASDAQ: XOG), JA Solar Holdings Co., Ltd., (NASDAQ: JASO), Cintas … – Stocks In The News (press release) (tradingnewsnow.com)
- Does JA Solar Holdings Co Ltd’s (JASO) 11.6% EPS Growth Reflect The Long-Term Trend? (finance.yahoo.com)
JASO has been the topic of several research reports. Credit Suisse Group set a $7.00 target price on JA Solar and gave the company a “hold” rating in a research note on Tuesday, August 29th. ValuEngine upgraded JA Solar from a “buy” rating to a “strong-buy” rating in a research note on Monday, September 11th. Zacks Investment Research lowered JA Solar from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, October 24th. Axiom Securities restated a “sell” rating on shares of JA Solar in a research note on Thursday, November 16th. Finally, Roth Capital set a $7.00 target price on JA Solar and gave the company a “hold” rating in a research note on Wednesday, August 23rd. Two investment analysts have rated the stock with a sell rating, three have assigned a hold rating and one has assigned a strong buy rating to the company. JA Solar has an average rating of “Hold” and a consensus price target of $6.50.
JA Solar (NASDAQ:JASO) last issued its earnings results on Wednesday, November 15th. The solar energy provider reported $0.13 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.19 by ($0.06). JA Solar had a net margin of 2.84% and a return on equity of 7.73%. The firm had revenue of $652.60 million during the quarter, compared to the consensus estimate of $609.78 million. During the same quarter in the previous year, the firm earned $0.13 earnings per share. The business’s quarterly revenue was up 4.5% compared to the same quarter last year. equities research analysts predict that JA Solar will post 0.65 EPS for the current year.
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JA Solar Company Profile
JA Solar Holdings Co, Ltd. is a holding company. The Company designs, develops, manufactures and sells solar power products that convert sunlight into electricity for a range of uses. The Company is engaged in manufacturing and selling solar modules, as well as silicon wafer manufacturing. The Company operates through two segments, including manufacturing and solar projects.
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