What is Roth Capital's Estimate for JinkoSolar Q4 Earnings?

JinkoSolar Holding Co., Ltd. (NYSE:JKS - Free Report) - Research analysts at Roth Capital dropped their Q4 2024 earnings per share estimates for shares of JinkoSolar in a research report issued on Wednesday, October 30th. Roth Capital analyst P. Shen now anticipates that the semiconductor company will post earnings per share of ($0.46) for the quarter, down from their prior estimate of $0.84. The consensus estimate for JinkoSolar's current full-year earnings is ($0.42) per share. Roth Capital also issued estimates for JinkoSolar's Q1 2025 earnings at ($0.87) EPS, Q2 2025 earnings at ($0.22) EPS, FY2025 earnings at $1.28 EPS, Q1 2026 earnings at $0.05 EPS, Q3 2026 earnings at $1.56 EPS and FY2026 earnings at $5.12 EPS.

JKS has been the topic of a number of other research reports. Roth Mkm reduced their price objective on JinkoSolar from $25.00 to $20.00 and set a "neutral" rating on the stock in a research report on Wednesday, September 4th. The Goldman Sachs Group reduced their price target on JinkoSolar from $21.00 to $18.00 and set a "sell" rating on the stock in a report on Tuesday, September 3rd. Finally, StockNews.com raised shares of JinkoSolar from a "sell" rating to a "hold" rating in a report on Wednesday, September 18th. One equities research analyst has rated the stock with a sell rating and six have assigned a hold rating to the stock. Based on data from MarketBeat, JinkoSolar has an average rating of "Hold" and an average price target of $24.60.

JinkoSolar Price Performance

JKS traded up $0.47 during trading on Monday, reaching $27.84. The company's stock had a trading volume of 1,841,224 shares, compared to its average volume of 1,063,264. The company has a market cap of $1.48 billion, a price-to-earnings ratio of 47.19 and a beta of 0.44. The firm has a fifty day simple moving average of $21.79 and a two-hundred day simple moving average of $22.59. JinkoSolar has a 1 year low of $16.70 and a 1 year high of $38.65. The company has a quick ratio of 0.79, a current ratio of 1.22 and a debt-to-equity ratio of 0.81.

JinkoSolar (NYSE:JKS - Get Free Report) last posted its quarterly earnings results on Friday, August 30th. The semiconductor company reported $0.97 earnings per share for the quarter, topping the consensus estimate of $0.05 by $0.92. JinkoSolar had a net margin of 0.53% and a return on equity of 4.18%. The firm had revenue of $3.31 billion for the quarter, compared to the consensus estimate of $3.85 billion.

Hedge Funds Weigh In On JinkoSolar

Large investors have recently made changes to their positions in the stock. Mirae Asset Global Investments Co. Ltd. raised its holdings in shares of JinkoSolar by 31.9% in the 1st quarter. Mirae Asset Global Investments Co. Ltd. now owns 51,588 shares of the semiconductor company's stock valued at $1,300,000 after buying an additional 12,464 shares during the period. Capstone Investment Advisors LLC lifted its position in shares of JinkoSolar by 81.6% during the first quarter. Capstone Investment Advisors LLC now owns 29,625 shares of the semiconductor company's stock worth $746,000 after purchasing an additional 13,314 shares in the last quarter. Daiwa Securities Group Inc. boosted its stake in shares of JinkoSolar by 117.1% in the first quarter. Daiwa Securities Group Inc. now owns 7,600 shares of the semiconductor company's stock valued at $191,000 after purchasing an additional 4,100 shares during the period. GSA Capital Partners LLP boosted its stake in shares of JinkoSolar by 372.9% in the first quarter. GSA Capital Partners LLP now owns 77,349 shares of the semiconductor company's stock valued at $1,948,000 after purchasing an additional 60,992 shares during the period. Finally, Banco BTG Pactual S.A. acquired a new position in shares of JinkoSolar in the first quarter valued at approximately $207,000. 35.82% of the stock is currently owned by institutional investors and hedge funds.

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.