JinkoSolar (JKS) to Release Quarterly Earnings on Tuesday

JinkoSolar (NYSE:JKS - Get Free Report) is expected to announce its Q1 2025 earnings results before the market opens on Tuesday, April 29th. Analysts expect the company to announce earnings of ($1.45) per share and revenue of $1.89 billion for the quarter.

JinkoSolar (NYSE:JKS - Get Free Report) last announced its quarterly earnings data on Wednesday, March 26th. The semiconductor company reported ($1.01) earnings per share for the quarter, missing analysts' consensus estimates of ($0.46) by ($0.55). JinkoSolar had a return on equity of 4.18% and a net margin of 0.53%. The firm had revenue of $20.65 billion during the quarter, compared to analysts' expectations of $3.38 billion. During the same quarter in the previous year, the firm earned $0.54 earnings per share. JinkoSolar's revenue was down 37.1% on a year-over-year basis. On average, analysts expect JinkoSolar to post $0 EPS for the current fiscal year and $2 EPS for the next fiscal year.

JinkoSolar Stock Up 0.9 %

JKS stock opened at $16.34 on Tuesday. The company has a debt-to-equity ratio of 0.81, a current ratio of 1.22 and a quick ratio of 0.97. JinkoSolar has a 1-year low of $13.42 and a 1-year high of $37.36. The stock has a market capitalization of $868.55 million, a P/E ratio of 27.70 and a beta of 0.17. The business has a fifty day moving average price of $20.06 and a 200-day moving average price of $22.43.

Analyst Ratings Changes

A number of analysts have recently issued reports on the stock. UBS Group dropped their price target on shares of JinkoSolar from $25.00 to $22.00 and set a "neutral" rating on the stock in a report on Thursday, March 27th. Daiwa Capital Markets lowered shares of JinkoSolar from an "underperform" rating to a "sell" rating in a research note on Friday, January 10th. The Goldman Sachs Group lowered their price target on JinkoSolar from $20.00 to $18.00 and set a "sell" rating on the stock in a report on Thursday, March 27th. Finally, Glj Research lowered their target price on JinkoSolar from $13.08 to $10.95 and set a "sell" rating on the stock in a report on Thursday, January 23rd. Three equities research analysts have rated the stock with a sell rating, three have assigned a hold rating and one has issued a buy rating to the company. According to MarketBeat, JinkoSolar presently has an average rating of "Hold" and an average target price of $27.19.

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; solar power generation and solar system EPC services; and energy storage system, as well as undertakes solar power projects.

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