JinkoSolar Holding Co. Ltd ADR (NYSE: JKS) closed the day trading at $22.76 down -1.13% from the previous closing price of $23.02. On the day, 719524 shares were traded.
Ratios:
For a better understanding of JKS, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.76 and its Current Ratio is at 1.04. In the meantime, Its Debt-to-Equity ratio is 2.82 whereas as Long-Term Debt/Eq ratio is at 0.90.
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:
As of this moment, JinkoSolar’s Price-to-Earnings (P/E) ratio for their current fiscal year is 2.57, and their Forward P/E ratio for the next fiscal year is 3.25. 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 0.07 while its Price-to-Book (P/B) ratio in mrq is 0.42.
Stock Price History:
Over the past 52 weeks, JKS has reached a high of $51.35, while it has fallen to a 52-week low of $22.06.
Shares Statistics:
A total of 52.14M shares are outstanding, with a floating share count of 51.89M. Insiders hold about 0.48% of the company’s shares, while institutions hold 37.54% stake in the company.
Earnings Estimates
Current recommendations for the stock of the company come from JinkoSolar Holding Company Limi analysts. The consensus estimate for the next quarter is $198.53, with high estimates of $10.72 and low estimates of $7.36.
Analysts are recommending an EPS of between $Financial Services and $Financial Services for the fiscal current year, implying an average EPS of $Consumer Cyclical.
