$0.23 EPS Expected for JinkoSolar Holding Co., Ltd. (JKS)
March 16, 2018 – By Nellie Frank
Analysts expect JinkoSolar Holding Co., Ltd. (NYSE:JKS) to report $0.23 EPS on March, 22 before the open.They anticipate $0.65 EPS change or 73.86 % from last quarter’s $0.88 EPS. JKS’s profit would be $8.99M giving it 20.14 P/E if the $0.23 EPS is correct. After having $0.04 EPS previously, JinkoSolar Holding Co., Ltd.’s analysts see 475.00 % EPS growth. The stock decreased 1.85% or $0.35 during the last trading session, reaching $18.53. About 254,662 shares traded. JinkoSolar Holding Co., Ltd. (NYSE:JKS) has declined 11.42% since March 16, 2017 and is downtrending. It has underperformed by 28.12% the S&P500.
JinkoSolar Holding Co., Ltd. (NYSE:JKS) Ratings Coverage
Among 10 analysts covering JinkoSolar Holding Co. (NYSE:JKS), 3 have Buy rating, 5 Sell and 2 Hold. Therefore 30% are positive. JinkoSolar Holding Co. has $46 highest and $10 lowest target. $27.71’s average target is 49.54% above currents $18.53 stock price. JinkoSolar Holding Co. had 18 analyst reports since August 25, 2015 according to SRatingsIntel. Citigroup downgraded the shares of JKS in report on Friday, May 26 to “Sell” rating. The firm has “Neutral” rating by Roth Capital given on Friday, August 5. Roth Capital maintained JinkoSolar Holding Co., Ltd. (NYSE:JKS) on Monday, June 5 with “Hold” rating. The rating was maintained by Roth Capital with “Buy” on Friday, November 20. Morgan Stanley downgraded the shares of JKS in report on Friday, May 26 to “Underweight” rating. The company was maintained on Friday, November 20 by TH Capital. On Monday, January 8 the stock rating was maintained by Credit Suisse with “Hold”. As per Tuesday, August 22, the company rating was downgraded by Credit Suisse. The firm earned “Buy” rating on Tuesday, August 25 by Roth Capital. The firm earned “Outperform” rating on Friday, December 18 by Northland Capital.
JinkoSolar Holding Co., Ltd., together with its subsidiaries, engages in the design, development, production, and marketing of photovoltaic products in the People's Republic of China and internationally. The company has market cap of $724.61 million. It offers solar modules, solar cells, silicon ingots, silicon wafers, and recovered silicon materials. It has a 3.35 P/E ratio. The firm sells its products to distributors, project developers, and system integrators under the JinkoSolar brand, as well as on an original equipment maker basis.
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