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

loading...
loading...

Latest


07 September 2017
The Kapoor khaandaan seen performing Ganesh Visarjan
He plays the titular in the Rajkumar Hirani-directed film, which also stars Sonam Kapoor, Anushka Sharma and Dia Mirza. Ranbir looked great in a blue kurta and pyjama while Rishi Kapoor was seen in a casual t-shirt and trousers .

07 September 2017
Rouhani vows Iran never to breach nuke deal
Delivering the Japanese PM's written message to Rouhani, Komura said that all signatories to the nuclear agreement had to respect it.

07 September 2017
What's in Nabors Industries Ltd. (NBR) After Today's Significant Increase?
The rating was maintained by BMO Capital Markets with "Market Perform" on Monday, August 10. (HIBB)'s stock declined 19.70%. Based on a recent bid, the stock is trading 20.08% away from it's 52- week high and -3.37% away from its 52 week low.

07 September 2017
Search For A Jail Escapee Set To Resume In Okmulgee County
Select from these options: Breaking News, Severe Weather, School Closings, Daily Headlines and Daily Forecasts. Also dispatched were McClain County Deputies Chris Grace and David Childress with the county's drug dog.

07 September 2017
Bad Moms Get Dirty In Official 'Bad Moms Christmas' Trailer
A Bad Moms Christmas is the follow-up to the R-rated comedy Bad Moms from past year . "Moms don't enjoy, they give joy". Producers are Bill Block, Mark Kamine and Suzanne Todd.

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
First Majestic Silver Corp. (FR) Trading Up 4%
The rating scale runs from 1 to 5 with 5 indicating a Strong Sell, 1 indicating a Strong Buy and 3 indicating a Hold. Looking out over a next 5-year period, analysts expect the company to see its earnings go up by 46.80%, annually.

07 September 2017
This Newly Discovered Ruby Chocolate Is Naturally Pink!
The colorful creation is made from the Ruby cocoa bean, which is known for its reddish tint and berry-like taste. . Ruby is the latest variety to join the chocolate flavors we know and love: dark, milk, and white.

07 September 2017
Moon, Putin call for immediate efforts to stop N. Korean provocation
Washington rejects the proposal; Putin insisted it "offers a genuine way to defuse the tensions and a step-by-step settlement". In his phone call with Trump, Moon proposed lifting limits on payloads allowed on South Korean missiles and Trump agreed.

07 September 2017
Ernst Urges President to Maintain Trade Agreement with South Korea
He says of the 1.3 million metric tons of soybeans that South Korea imports, half of that comes from the United States. The US trade deficit with South Korea in the sector increased from US$8.1 billion in 2011 to US$14.4 billion in 2016.