Hanwha Q Cells (HQCL) Set to Announce Earnings on Wednesday
Hanwha Q Cells (NASDAQ:HQCL) will be issuing its quarterly earnings data before the market opens on Wednesday, March 21st. Analysts expect the company to announce earnings of $0.05 per share for the quarter.
Hanwha Q Cells (HQCL) opened at $8.18 on Wednesday. Hanwha Q Cells has a 1-year low of $6.09 and a 1-year high of $9.50. The stock has a market cap of $669.81, a PE ratio of 30.30 and a beta of 1.52. The company has a current ratio of 0.97, a quick ratio of 0.73 and a debt-to-equity ratio of 0.71.
HQCL has been the subject of several analyst reports. Zacks Investment Research downgraded shares of Hanwha Q Cells from a “buy” rating to a “hold” rating in a report on Thursday, November 16th. Roth Capital set a $8.00 price target on shares of Hanwha Q Cells and gave the company a “hold” rating in a report on Saturday, November 25th. BidaskClub raised shares of Hanwha Q Cells from a “hold” rating to a “buy” rating in a report on Saturday, February 17th. Finally, ValuEngine downgraded shares of Hanwha Q Cells from a “buy” rating to a “hold” rating in a report on Friday, February 2nd. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and one has issued a buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus price target of $7.88.
About Hanwha Q Cells
Hanwha Q CELLS Co, Ltd., formerly Hanwha SolarOne Co, Ltd., is a global solar energy company engaged in the manufacturing of solar modules, and the development and management of downstream solar farms. It manufactures a range of photo voltaic (PV) cells and PV modules at its manufacturing facilities in China and Malaysia using manufacturing process technologies, including those developed at its research and development facilities in Germany.
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