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JinkoSolar Holding Co. Ltd ADR (NYSE: JKS) closed the day trading at $23.68 up 0.59% from the previous closing price of $23.54. In other words, the price has increased by $0.59 from its previous closing price. On the day, 0.63 million shares were traded. JKS stock price reached its highest trading level at $24.47 during the session, while it also had its lowest trading level at $23.55.
Ratios:
For a better understanding of JKS, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.92 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:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. 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 1167684480 and an Enterprise Value of 33941663744. As of this moment, JinkoSolar’s Price-to-Earnings (P/E) ratio for their current fiscal year is 40.16, and their Forward P/E ratio for the next fiscal year is 10.43. 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 0.43. Its current Enterprise Value per Revenue stands at 0.325 whereas that against EBITDA is 2.84.
Stock Price History:
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 -4.31%, while the 200-Day Moving Average is calculated to be 2.22%.
Shares Statistics:
Over the past 3-months, JKS traded about 1.43M shares per day on average, while over the past 10 days, JKS traded about 793140 shares per day. 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 28.83% stake in the company. Shares short for JKS as of 1735603200 were 4827944 with a Short Ratio of 3.37, compared to 1732838400 on 5323327. Therefore, it implies a Short% of Shares Outstanding of 4827944 and a Short% of Float of 12.959999999999999.
Earnings Estimates
The stock of JinkoSolar Holding Co. Ltd ADR (JKS) is currently drawing attention from 1.0 analysts actively involved in the ongoing evaluation and rating process.The consensus estimate for the next quarter is $0.91, with high estimates of $0.91 and low estimates of $0.91.
Analysts are recommending an EPS of between $1.66 and $1.08 for the fiscal current year, implying an average EPS of $1.44. EPS for the following year is $4.64, with 2.0 analysts recommending between $6.58 and $2.7.
Revenue Estimates
3 analysts predict $3.58B in revenue for the current quarter. It ranges from a high estimate of $3.79B to a low estimate of $3.35B. As of the current estimate, JinkoSolar Holding Co. Ltd ADR’s year-ago sales were $4.62BFor the next quarter, 3 analysts are estimating revenue of $3.11B. There is a high estimate of $3.23B for the next quarter, whereas the lowest estimate is $3.03B.
A total of 6 analysts have provided revenue estimates for JKS’s current fiscal year. The highest revenue estimate was $13.78B, while the lowest revenue estimate was $12.83B, resulting in an average revenue estimate of $13.4B. In the same quarter a year ago, actual revenue was $16.72BBased on 6 analysts’ estimates, the company’s revenue will be $14.58B in the next fiscal year. The high estimate is $16.35B and the low estimate is $11.62B.
