News coverage about JinkoSolar (NYSE:JKS) has been trending somewhat positive recently, according to Accern Sentiment Analysis. The research firm identifies negative and positive news coverage by monitoring more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. JinkoSolar earned a news sentiment score of 0.11 on Accern’s scale. Accern also gave news headlines about the semiconductor company an impact score of 46.5476317769723 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.
JKS traded up $0.08 on Wednesday, hitting $13.26. 5,308 shares of the company’s stock were exchanged, compared to its average volume of 732,029. JinkoSolar has a fifty-two week low of $11.47 and a fifty-two week high of $30.50. The company has a quick ratio of 0.69, a current ratio of 0.95 and a debt-to-equity ratio of 0.21. The stock has a market cap of $374.60 million, a PE ratio of 19.50, a price-to-earnings-growth ratio of 0.56 and a beta of 1.58.
JinkoSolar (NYSE:JKS) last announced its quarterly earnings results on Monday, August 13th. The semiconductor company reported $0.44 earnings per share for the quarter, missing the consensus estimate of $0.53 by ($0.09). The firm had revenue of $915.91 million for the quarter, compared to analyst estimates of $909.54 million. JinkoSolar had a net margin of 0.58% and a return on equity of 1.89%. The company’s revenue was down 21.6% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.28 EPS. research analysts anticipate that JinkoSolar will post 2.34 earnings per share for the current year.
JKS has been the topic of several recent research reports. Zacks Investment Research raised shares of JinkoSolar from a “sell” rating to a “buy” rating and set a $16.00 target price on the stock in a research note on Saturday, June 30th. TheStreet cut shares of JinkoSolar from a “c” rating to a “d+” rating in a research note on Tuesday, June 26th. Roth Capital set a $14.00 target price on shares of JinkoSolar and gave the stock a “hold” rating in a research note on Monday, August 13th. Citigroup raised shares of JinkoSolar from a “sell” rating to a “neutral” rating in a research note on Tuesday, August 14th. Finally, Credit Suisse Group lowered their target price on shares of JinkoSolar from $22.00 to $13.00 and set a “neutral” rating on the stock in a research note on Thursday, June 7th. Six investment analysts have rated the stock with a sell rating, three have given a hold rating and one has given a buy rating to the company’s stock. JinkoSolar presently has a consensus rating of “Hold” and an average target price of $15.83.
JinkoSolar Holding Co, Ltd., together with its subsidiaries, engages in the design, development, production, and marketing of photovoltaic products in the People's Republic of China and internationally. The company offers solar modules, silicon wafers, solar cells, recovered silicon materials, and silicon ingots.
Featured Story: Understanding Analyst Recommendations
Receive News & Ratings for JinkoSolar Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for JinkoSolar and related companies with MarketBeat.com's FREE daily email newsletter.