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In the latest session, JinkoSolar Holding Co. Ltd ADR (NYSE: JKS) closed at $21.82 up 1.21% from its previous closing price of $21.56. In other words, the price has increased by $1.21 from its previous closing price. On the day, 0.84 million shares were traded. JKS stock price reached its highest trading level at $22.12 during the session, while it also had its lowest trading level at $21.41.
Ratios:
For a deeper understanding of JinkoSolar Holding Co. Ltd ADR’s stock, let’s take a closer look at its various 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:
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 1058208896 and an Enterprise Value of 58118844416. As of this moment, JinkoSolar’s Price-to-Earnings (P/E) ratio for their current fiscal year is 2.46, and their Forward P/E ratio for the next fiscal year is 3.12. 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 0.40. Its current Enterprise Value per Revenue stands at 0.49 whereas that against EBITDA is 6.208.
Stock Price History:
The Beta on a monthly basis for JKS is 0.40, which has changed by -0.52378875 over the last 52 weeks, in comparison to a change of 0.23061275 over the same period for the S&P500. Over the past 52 weeks, JKS has reached a high of $50.46, while it has fallen to a 52-week low of $21.06. The 50-Day Moving Average of the stock is -14.00%, while the 200-Day Moving Average is calculated to be -29.99%.
Shares Statistics:
For the past three months, JKS has traded an average of 919.37K shares per day and 1015210 over the past ten days. 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. Shares short for JKS as of 1711584000 were 3027122 with a Short Ratio of 3.29, compared to 1709164800 on 2731758. Therefore, it implies a Short% of Shares Outstanding of 3027122 and a Short% of Float of 7.6799995999999995.
Earnings Estimates
As of right now, 2 analysts gave their recommendation on the stock of the company. On average, analysts expect EPS of $-0.76 for the current quarter, with a high estimate of $-0.44 and a low estimate of $-1.08, while EPS last year was $2.31. The consensus estimate for the next quarter is $0.63, with high estimates of $1.78 and low estimates of $-0.16.
Analysts are recommending an EPS of between $8.54 and $1.52 for the fiscal current year, implying an average EPS of $4.76. EPS for the following year is $7.66, with 6 analysts recommending between $14.12 and $2.77.
Revenue Estimates
A total of 3 analysts believe the company’s revenue will be $3.25B this quarter.It ranges from a high estimate of $3.43B to a low estimate of $3.05B. As of the current estimate, JinkoSolar Holding Co. Ltd ADR’s year-ago sales were $3.23B, an estimated increase of 0.60% from the year-ago figure. For the next quarter, 3 analysts are estimating revenue of $4.12B, an increase of 3.20% over than the figure of $0.60% in the same quarter last year. There is a high estimate of $4.24B for the next quarter, whereas the lowest estimate is $3.92B.
A total of 5 analysts have provided revenue estimates for JKS’s current fiscal year. The highest revenue estimate was $17.8B, while the lowest revenue estimate was $14.84B, resulting in an average revenue estimate of $16.56B. In the same quarter a year ago, actual revenue was $16.72B, down -0.90% from the average estimate. Based on 5 analysts’ estimates, the company’s revenue will be $20.18B in the next fiscal year. The high estimate is $21.21B and the low estimate is $19.02B. The average revenue growth estimate for next year is up 21.90% from the average revenue estimate for this year.
