Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.
After finishing at $9.45 in the prior trading day, Canadian Solar Inc (NASDAQ: CSIQ) closed at $9.55, up 1.06%. In other words, the price has increased by $1.06 from its previous closing price. On the day, 1.23 million shares were traded. CSIQ stock price reached its highest trading level at $9.73 during the session, while it also had its lowest trading level at $9.41.
Ratios:
Our goal is to gain a better understanding of CSIQ by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.74 and its Current Ratio is at 0.97. In the meantime, Its Debt-to-Equity ratio is 2.10 whereas as Long-Term Debt/Eq ratio is at 1.12.
On April 17, 2025, Citigroup Upgraded its rating to Neutral which previously was Sell but kept the price unchanged to $8.
Goldman Downgraded its Neutral to Sell on December 17, 2024, whereas the target price for the stock was revised from $14 to $11.
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 Dec 16 ’24 when Wong Andrew Luen Cheung bought 2,878 shares for $12.69 per share.
Wong Andrew Luen Cheung bought 3,687 shares of CSIQ for $45,608 on Sep 11 ’24.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, CSIQ now has a Market Capitalization of 631970304 and an Enterprise Value of 5644579328. As of this moment, Canadian’s Price-to-Earnings (P/E) ratio for their current fiscal year is 18.62, and their Forward P/E ratio for the next fiscal year is 4.81. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.21. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.11 while its Price-to-Book (P/B) ratio in mrq is 0.23. Its current Enterprise Value per Revenue stands at 0.942 whereas that against EBITDA is 9.564.
Stock Price History:
The Beta on a monthly basis for CSIQ is 1.34, which has changed by -0.44988477 over the last 52 weeks, in comparison to a change of 0.09765589 over the same period for the S&P500. Over the past 52 weeks, CSIQ has reached a high of $21.05, while it has fallen to a 52-week low of $6.57. The 50-Day Moving Average of the stock is 3.16%, while the 200-Day Moving Average is calculated to be -20.75%.
Shares Statistics:
The stock has traded on average 2.16M shares per day over the past 3-months and 3291090 shares per day over the last 10 days, according to various share statistics. A total of 66.95M shares are outstanding, with a floating share count of 45.20M. Insiders hold about 31.70% of the company’s shares, while institutions hold 44.31% stake in the company. Shares short for CSIQ as of 1744675200 were 12273915 with a Short Ratio of 5.69, compared to 1741910400 on 9699217. Therefore, it implies a Short% of Shares Outstanding of 12273915 and a Short% of Float of 23.54.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
Earnings Estimates
The stock of Canadian Solar Inc (CSIQ) is currently being evaluated by 2.0 analysts who are actively contributing to its market rating.The consensus estimate for the next quarter is -$0.47, with high estimates of -$0.3 and low estimates of -$0.63.
Analysts are recommending an EPS of between -$0.76 and -$2.56 for the fiscal current year, implying an average EPS of -$1.66. EPS for the following year is -$0.18, with 3.0 analysts recommending between $1.44 and -$2.15.
Revenue Estimates
8 analysts predict $1.1B in revenue for the current quarter. It ranges from a high estimate of $1.14B to a low estimate of $1.07B. As of the current estimate, Canadian Solar Inc’s year-ago sales were $1.33BFor the next quarter, 8 analysts are estimating revenue of $1.76B. There is a high estimate of $1.99B for the next quarter, whereas the lowest estimate is $1.48B.
A total of 9 analysts have provided revenue estimates for CSIQ’s current fiscal year. The highest revenue estimate was $7.92B, while the lowest revenue estimate was $7.02B, resulting in an average revenue estimate of $7.4B. In the same quarter a year ago, actual revenue was $5.99BBased on 10 analysts’ estimates, the company’s revenue will be $8.49B in the next fiscal year. The high estimate is $9.73B and the low estimate is $7.8B.
