JinkoSolar (NYSE:JKS - Get Free Report) is expected to announce its earnings results before the market opens on Wednesday, March 19th. Analysts expect the company to announce earnings of ($0.18) per share and revenue of $3.38 billion for the quarter.
JinkoSolar Stock Performance
Shares of NYSE JKS opened at $21.79 on Wednesday. The company has a current ratio of 1.22, a quick ratio of 0.97 and a debt-to-equity ratio of 0.81. JinkoSolar has a 12 month low of $16.70 and a 12 month high of $37.36. The company has a 50 day simple moving average of $22.59 and a two-hundred day simple moving average of $22.88. The stock has a market cap of $1.16 billion, a price-to-earnings ratio of 36.93 and a beta of 0.40.
Analyst Upgrades and Downgrades
Several analysts have commented on JKS shares. Daiwa Capital Markets cut shares of JinkoSolar from an "underperform" rating to a "sell" rating in a research note on Friday, January 10th. Glj Research decreased their price objective on shares of JinkoSolar from $13.08 to $10.95 and set a "sell" rating for the company in a research note on Thursday, January 23rd. Finally, Jefferies Financial Group lifted their price objective on shares of JinkoSolar from $36.00 to $65.00 and gave the company a "buy" rating in a research note on Thursday, December 5th. Three investment analysts have rated the stock with a sell rating, four have assigned a hold rating and one has assigned a buy rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and a consensus price target of $28.79.
View Our Latest Stock Analysis on JinkoSolar
About JinkoSolar
(
Get Free Report)
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; solar power generation and solar system EPC services; and energy storage system, as well as undertakes solar power projects.
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