Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
As of close of business last night, JinkoSolar Holding Co. Ltd ADR’s stock clocked out at $18.85, down -3.48% from its previous closing price of $19.53. In other words, the price has decreased by -$3.48 from its previous closing price. On the day, 1.14 million shares were traded. JKS stock price reached its highest trading level at $20.1997 during the session, while it also had its lowest trading level at $18.6805.
Ratios:
To gain a deeper understanding of JKS’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.72 and its Current Ratio is at 1.03. In the meantime, Its Debt-to-Equity ratio is 2.55 whereas as Long-Term Debt/Eq ratio is at 0.82.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, ROTH MKM on March 21, 2024, Downgraded its rating to Neutral and sets its target price to $25 from $50 previously.
Daiwa Securities Downgraded its Outperform to Neutral on February 05, 2024, while the target price for the stock was maintained at $25.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, JKS now has a Market Capitalization of 994561856 and an Enterprise Value of 53662208000. As of this moment, JinkoSolar’s Price-to-Earnings (P/E) ratio for their current fiscal year is 2.54, and their Forward P/E ratio for the next fiscal year is 3.99. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.07. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.06 while its Price-to-Book (P/B) ratio in mrq is 0.34. Its current Enterprise Value per Revenue stands at 0.453 whereas that against EBITDA is 3.689.
Stock Price History:
Over the past 52 weeks, JKS has reached a high of $38.65, while it has fallen to a 52-week low of $17.08. The 50-Day Moving Average of the stock is -16.14%, while the 200-Day Moving Average is calculated to be -30.11%.
Shares Statistics:
It appears that JKS traded 817.47K shares on average per day over the past three months and 713320 shares per day over the past ten days. A total of 52.14M shares are outstanding, with a floating share count of 51.33M. Insiders hold about 0.48% of the company’s shares, while institutions hold 31.78% stake in the company. Shares short for JKS as of 1721001600 were 4739637 with a Short Ratio of 5.39, compared to 1718323200 on 3500182. Therefore, it implies a Short% of Shares Outstanding of 4739637 and a Short% of Float of 12.2.
Dividends & Splits
With its trailing 12-month dividend rate of 10.636, JKS has a forward annual dividend rate of 1.50. Against a Trailing Annual Dividend Yield of 0.54459804
Earnings Estimates
The current market rating for JinkoSolar Holding Co. Ltd ADR (JKS) reflects the collective analysis of 3.0 analysts closely monitoring its performance.The consensus estimate for the next quarter is $0.91, with high estimates of $1.48 and low estimates of $0.52.
Analysts are recommending an EPS of between $5.44 and -$1.4 for the fiscal current year, implying an average EPS of $2.47. EPS for the following year is $5.81, with 6.0 analysts recommending between $10.47 and $1.43.
Revenue Estimates
In the current quarter, 3 analysts expect revenue to total $3.91B. It ranges from a high estimate of $3.95B to a low estimate of $3.85B. As of the current estimate, JinkoSolar Holding Co. Ltd ADR’s year-ago sales were $3.99BFor the next quarter, 3 analysts are estimating revenue of $4.69B. There is a high estimate of $4.87B for the next quarter, whereas the lowest estimate is $4.58B.
A total of 5 analysts have provided revenue estimates for JKS’s current fiscal year. The highest revenue estimate was $17.15B, while the lowest revenue estimate was $15.46B, resulting in an average revenue estimate of $16.46B. In the same quarter a year ago, actual revenue was $16.72BBased on 5 analysts’ estimates, the company’s revenue will be $20.18B in the next fiscal year. The high estimate is $20.97B and the low estimate is $18.09B.
