Those aspiring to outpace the market meticulously engage in the process of selecting individual stocks. Strategic choices can be instrumental in accelerating your wealth.
In the latest session, JinkoSolar Holding Co. Ltd ADR (NYSE: JKS) closed at $18.47 down -1.65% from its previous closing price of $18.78. In other words, the price has decreased by -$1.65 from its previous closing price. On the day, 0.58 million shares were traded.
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 1.03 and its Current Ratio is at 1.33. In the meantime, Its Debt-to-Equity ratio is 2.64 whereas as Long-Term Debt/Eq ratio is at 1.82.
ROTH MKM Downgraded its Buy to Neutral on March 21, 2024, whereas the target price for the stock was revised from $50 to $25.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. 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:
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 0.36.
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 $13.42. The 50-Day Moving Average of the stock is -0.05%, while the 200-Day Moving Average is calculated to be -14.12%.
Shares Statistics:
A total of 50.12M shares are outstanding, with a floating share count of 49.89M. Insiders hold about 0.48% of the company’s shares, while institutions hold 31.80% stake in the company.
Earnings Estimates
The market rating for JinkoSolar Holding Co. Ltd ADR (JKS) is a result of the insights provided by 1.0 analysts actively involved in the assessment.The consensus estimate for the next quarter is -$0.72, with high estimates of -$0.72 and low estimates of -$0.72.
Analysts are recommending an EPS of between -$6.01 and -$6.27 for the fiscal current year, implying an average EPS of -$6.14. EPS for the following year is $6.8, with 2.0 analysts recommending between $9.74 and $3.87.
Revenue Estimates
A total of 3 analysts believe the company’s revenue will be $2.46B this quarter.It ranges from a high estimate of $2.75B to a low estimate of $2.08B. As of the current estimate, JinkoSolar Holding Co. Ltd ADR’s year-ago sales were $3.31BFor the next quarter, 3 analysts are estimating revenue of $2.77B. There is a high estimate of $3.29B for the next quarter, whereas the lowest estimate is $2.29B.
A total of 6 analysts have provided revenue estimates for JKS’s current fiscal year. The highest revenue estimate was $11.72B, while the lowest revenue estimate was $8.87B, resulting in an average revenue estimate of $10.56B. In the same quarter a year ago, actual revenue was $12.64BBased on 6 analysts’ estimates, the company’s revenue will be $13.8B in the next fiscal year. The high estimate is $15.97B and the low estimate is $10.43B.
