Economy

JinkoSolar Holding Company Limited (NASDAQ:JKS) Expected To Report Earnings On Wednesday

They now have a United States dollars 18 price target on the stock.

Short traders are feeling a little more bearish lately if you take a look at the increase in short interest.

Several other large investors also recently modified their holdings of JKS.

The company is now up by 2.48 percent from yesterday's close. SG Americas Securities has an ownership of 11,500 stocks of the semiconductor firms shares valued $191,000 after scooping up an extra 1,700 shares through out the quarter. JinkoSolar Holding Company Limited earned a daily sentiment score of 0.19 on Accern's scale. The number of shares now owned by investors are 31.71 mln. Zurcher Kantonalbank Zurich Cantonalbank raised its holdings in JinkoSolar Holding Company by 7.1% in the 1st period. Van ECK Associates Corp now owns 54,681 shares of the semiconductor company's stock valued at $906,000 after buying an additional 1,511 shares during the last quarter. FNY Partners Fund LP increased its holdings in JinkoSolar Holding Company Limited by 1,180.0% during the first quarter.

JinkoSolar will cease developing new overseas downstream solar projects starting in the third quarter of 2017 in line with the company's focuses shifting towards its core competencies in manufacturing. Ubs Group Ag now controls 100 shares worth $2,000. The P/E ratio is 3.88 and the market cap is 912.55M. The stock's 50 day moving average price is $26.78 and its 200 day moving average price is $20.16. JinkoSolar Holding Company Limited has a 1-year low of $12.72 and a 1-year high of $29.36.

The value of the company's investment in JinkoSolar Holding Company Limi went from $396,000 to $45,000 a change of $351,000 quarter to quarter. Next quarter's EPS is forecasted at $0.41 and the next full year EPS is projected to be $2.04.

03/02/2016 - JinkoSolar Holding Company Limited had its "outperform" rating reiterated by analysts at Daiwa Capital Markets. For the quarter ending Dec-17, 2 analysts have a mean sales target of 756.08 million whilst for the year ending Dec-17, 3 analysts have a mean target of 3,332.22 million. Analysts expect that JinkoSolar Holding Company Limited will post $1.53 earnings per share for the current year.

JKS has been the subject of several recent research reports. Axiom Securities reissued a "buy" rating on shares of JinkoSolar Holding Company Limited in a research note on Saturday, July 22nd. Lastly, Morgan Stanley cut shares of JinkoSolar Holding Company from an "overweight" recommendation to an "underweight" recommendation and downgraded their PT for the shares from $19.40 to $16.00 in a study report published on Fri, May 26th. The original version of this article can be read at https://weekherald.com/2017/09/06/jinkosolar-holding-company-limited-jks-downgraded-by-credit-suisse-group.html. Two Brokerage firms have recommended the share with a sell recommendation, around three have published a hold recommendation, two has issued a buy recommendation and 1 have issued a strong buy recommendation to the firms shares. The company has a consensus rating of "Hold" and a consensus target price of $21.00.

WARNING: This story was published by TrueBlueTribune and is owned by of TrueBlueTribune. If you are reading this piece on another website, it was stolen and republished in violation of U.S. & worldwide trademark & copyright laws.

Now the P/E of JinkoSolar Holding Co., Ltd. (JKS) stands at 10.08.



Like this

Latest


07 September 2017
Million Dressers Sold at Walmart Recalled Over Tipping and Entrapment Concerns
One injury involving the chests has been reported to the agency: a four-year-old boy was hurt when one tipped over. The chests are unstable if they're no anchored to the wall, posing serious tip-over and entrapment hazards.

07 September 2017
Facebook finds six figures of Russian election-related ad spend
Facebook has been under the microscope for months to explain how its platform was exploited during the last presidential campaign. Some $50,000 in spending appears to have originated in Russian Federation , the company notes.

07 September 2017
Rafael Benitez to miss Newcastle United's trip to Swansea City?
Benitez had been struggling with an infection following surgery on a hernia that he underwent before taking over at Real Madrid . But Benitez is said to have experienced pain since the op and chose to go back into hospital during the recent worldwide break.

07 September 2017
Kinross Gold Corporation (KGC) Hits a 52-Week High
The stock of Kinross Gold Corporation ( USA ) (NYSE: KGC ) earned "Action List Buy" rating by TD Securities on Thursday, May 11. The stock of Kinross Gold Corporation ( USA ) (NYSE: KGC ) has "Neutral" rating given on Wednesday, May 11 by Goldman Sachs.

07 September 2017
Forward Air Corporation (NASDAQ:FWRD) Sees Unusual Trading Volume in Its Shares
Currently, the stock carries a price to earnings ratio of 27.01, a price to book ratio of 3, and a price to sales ratio of 1.53. One equities research analyst has rated the stock with a sell rating and six have issued a hold rating to the company's stock.

07 September 2017
Tropical depression forms in Gulf of Mexico
It's now about 1,040 miles east of the Lesser Antilles, a collection of islands in the Caribbean Sea. It added that tropical storm-force winds extend outward up to 45 miles (75 km) from the center.

07 September 2017
Analyst Stock Recommendations For NGL Energy Partners LP (NGL), Pearson plc (PSO)
On Wednesday, May 31 Highstar Capital IV - L.P. sold $2.74 million worth of NGL Energy Partners LP (NYSE:NGL) or 200,000 shares. Currently, the stock carries a price to earnings ratio of 0, a price to book ratio of 1.24, and a price to sales ratio of 1.05.

07 September 2017
SpaceX Prepares to Launch US Air Force's Secretive X-37B Space Plane
The launch is now scheduled for September 7th at Cape Canaveral , just days ahead of the potential landfall of Hurricane Irma . However, the Air Force is keeping mum over the other experiments that this secret space plane will be ferrying to space.

07 September 2017
Lobbyists get Trump access by paying golf memberships
As USA Today notes, Trump's golf courses may be his most profitable business, raking in roughly $600 million per year. I know he'll be one of many, if not all, politicians who are susceptible to lobbying and financial pressures.

07 September 2017
Pope says Colombia trip to help peace (2)
The pope was expected to land in Bogota mid-afternoon Wednesday, although the flight had to be adjusted due to Hurricane Irma . They said the new flight path would go over Barbados, Grenada and Trinidad and Tobago as well.



Recommended