JinkoSolar (NYSE:JKS) will be announcing its earnings results before the market opens on Friday, April 9th. Analysts expect the company to announce earnings of $0.36 per share for the quarter. Individual that wish to register for the company’s earnings conference call can do so using this link.
Shares of JKS stock opened at $39.73 on Thursday. The company has a debt-to-equity ratio of 0.43, a quick ratio of 0.79 and a current ratio of 1.04. The firm has a market capitalization of $1.75 billion, a price-to-earnings ratio of 29.21 and a beta of 1.09. JinkoSolar has a one year low of $13.67 and a one year high of $90.20. The company has a 50 day moving average price of $47.06 and a 200 day moving average price of $57.75.
A number of analysts have recently commented on JKS shares. CICC Research downgraded JinkoSolar from an “outperform” rating to a “market perform” rating in a report on Wednesday, December 9th. The Goldman Sachs Group boosted their price target on JinkoSolar from $34.00 to $39.00 and gave the company a “sell” rating in a research report on Monday, January 4th. Zacks Investment Research upgraded JinkoSolar from a “sell” rating to a “hold” rating in a report on Monday, March 15th. Finally, Roth Capital boosted their target price on JinkoSolar from $37.00 to $59.00 and gave the stock a “buy” rating in a report on Monday, December 14th. Three research analysts have rated the stock with a sell rating, two have issued a hold rating and three have given a buy rating to the company. The stock presently has a consensus rating of “Hold” and a consensus target price of $34.22.
JinkoSolar Company Profile
JinkoSolar Holding Co, Ltd., together with its subsidiaries, engages in the design, development, production, and marketing of photovoltaic products. The company offers solar modules, silicon wafers, solar cells, recovered silicon materials, and silicon ingots. It also provides solar system integration services; and develops commercial solar power projects.
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