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As of close of business last night, JinkoSolar Holding Co. Ltd ADR’s stock clocked out at $23.19, down -2.40% from its previous closing price of $23.76. In other words, the price has decreased by -$2.40 from its previous closing price. On the day, 1.04 million shares were traded. JKS stock price reached its highest trading level at $23.735 during the session, while it also had its lowest trading level at $22.82.
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 0.92 and its Current Ratio is at 1.22. In the meantime, Its Debt-to-Equity ratio is 2.48 whereas as Long-Term Debt/Eq ratio is at 1.37.
On March 21, 2024, ROTH MKM Downgraded its rating to Neutral which previously was Buy and also lowered its target price recommendation from $50 to $25.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Sep 30 ’24 when HY Vision Cloud Holdings Limit bought 20,000 shares for $25.93 per share.
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 1143522176 and an Enterprise Value of 33841260544. As of this moment, JinkoSolar’s Price-to-Earnings (P/E) ratio for their current fiscal year is 39.33, and their Forward P/E ratio for the next fiscal year is 7.72. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.08 while its Price-to-Book (P/B) ratio in mrq is 0.42. Its current Enterprise Value per Revenue stands at 0.324 whereas that against EBITDA is 2.832.
Stock Price History:
The Beta on a monthly basis for JKS is 0.03, which has changed by 0.033883214 over the last 52 weeks, in comparison to a change of 0.08190584 over the same period for the S&P500. Over the past 52 weeks, JKS has reached a high of $37.36, while it has fallen to a 52-week low of $16.70. The 50-Day Moving Average of the stock is 4.09%, while the 200-Day Moving Average is calculated to be 3.04%.
Shares Statistics:
It appears that JKS traded 736.97K shares on average per day over the past three months and 677250 shares per day over the past ten days. A total of 51.57M shares are outstanding, with a floating share count of 51.33M. Insiders hold about 0.48% of the company’s shares, while institutions hold 27.89% stake in the company. Shares short for JKS as of 1740700800 were 5261956 with a Short Ratio of 7.14, compared to 1738281600 on 5727984. Therefore, it implies a Short% of Shares Outstanding of 5261956 and a Short% of Float of 14.130001.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
Earnings Estimates
The consensus estimate for the next quarter is $0, with high estimates of $0 and low estimates of $0.
Analysts are recommending an EPS of between $1.59 and $1.08 for the fiscal current year, implying an average EPS of $1.33. EPS for the following year is $2.7, with 1.0 analysts recommending between $2.7 and $2.7.
Revenue Estimates
In the current quarter, 2 analysts expect revenue to total $3.4B. It ranges from a high estimate of $3.59B to a low estimate of $3.22B. As of the current estimate, JinkoSolar Holding Co. Ltd ADR’s year-ago sales were $4.62BFor the next quarter, 2 analysts are estimating revenue of $3.05B. There is a high estimate of $3.08B for the next quarter, whereas the lowest estimate is $3.03B.
A total of 5 analysts have provided revenue estimates for JKS’s current fiscal year. The highest revenue estimate was $13.7B, while the lowest revenue estimate was $12.83B, resulting in an average revenue estimate of $13.3B. In the same quarter a year ago, actual revenue was $16.72BBased on 5 analysts’ estimates, the company’s revenue will be $14.45B in the next fiscal year. The high estimate is $16.35B and the low estimate is $11.62B.
