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JinkoSolar Holding Co. Ltd ADR (NYSE: JKS) closed the day trading at $22.19 down -1.73% from the previous closing price of $22.58. In other words, the price has decreased by -$1.73 from its previous closing price. On the day, 0.68 million shares were traded. JKS stock price reached its highest trading level at $23.2894 during the session, while it also had its lowest trading level at $21.93.
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.
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.
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 1113441024 and an Enterprise Value of 33636358144. As of this moment, JinkoSolar’s Price-to-Earnings (P/E) ratio for their current fiscal year is 37.64, and their Forward P/E ratio for the next fiscal year is 7.61. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.03. 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 0.40. Its current Enterprise Value per Revenue stands at 0.322 whereas that against EBITDA is 2.814.
Stock Price History:
Over the past 52 weeks, JKS has reached a high of $38.37, while it has fallen to a 52-week low of $16.70. The 50-Day Moving Average of the stock is -4.84%, while the 200-Day Moving Average is calculated to be -4.35%.
Shares Statistics:
Over the past 3-months, JKS traded about 1.61M shares per day on average, while over the past 10 days, JKS traded about 679030 shares per day. 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 29.57% stake in the company. Shares short for JKS as of 1731628800 were 5110129 with a Short Ratio of 3.18, compared to 1728950400 on 4530189. Therefore, it implies a Short% of Shares Outstanding of 5110129 and a Short% of Float of 13.719999999999999.
Earnings Estimates
The current rating of JinkoSolar Holding Co. Ltd ADR (JKS) is the result of assessments by 1.0 analysts actively engaged in evaluating its market dynamics.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 $1.58 for the fiscal current year, implying an average EPS of $1.62. 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 5 analysts have provided revenue estimates for JKS’s current fiscal year. The highest revenue estimate was $13.78B, while the lowest revenue estimate was $13.35B, resulting in an average revenue estimate of $13.61B. In the same quarter a year ago, actual revenue was $16.72BBased on 6 analysts’ estimates, the company’s revenue will be $15.55B in the next fiscal year. The high estimate is $16.35B and the low estimate is $14.89B.
