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Canadian Solar (CSIQ) Competitors

Canadian Solar logo
$11.67 +0.01 (+0.09%)
(As of 12/17/2024 ET)

CSIQ vs. KLIC, VIAV, NN, SIMO, AAOI, HIMX, JKS, NSSC, BELFA, and COMM

Should you be buying Canadian Solar stock or one of its competitors? The main competitors of Canadian Solar include Kulicke and Soffa Industries (KLIC), Viavi Solutions (VIAV), NextNav (NN), Silicon Motion Technology (SIMO), Applied Optoelectronics (AAOI), Himax Technologies (HIMX), JinkoSolar (JKS), Napco Security Technologies (NSSC), Bel Fuse (BELFA), and CommScope (COMM). These companies are all part of the "electronic equipment" industry.

Canadian Solar vs.

Canadian Solar (NASDAQ:CSIQ) and Kulicke and Soffa Industries (NASDAQ:KLIC) are both oils/energy companies, but which is the superior investment? We will compare the two businesses based on the strength of their institutional ownership, dividends, risk, valuation, analyst recommendations, profitability, media sentiment, community ranking and earnings.

Canadian Solar has higher revenue and earnings than Kulicke and Soffa Industries. Canadian Solar is trading at a lower price-to-earnings ratio than Kulicke and Soffa Industries, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Canadian Solar$6.17B0.13$274.19M-$0.12-97.25
Kulicke and Soffa Industries$706.23M3.80-$69.01M-$1.23-40.51

Canadian Solar currently has a consensus price target of $18.58, indicating a potential upside of 59.25%. Kulicke and Soffa Industries has a consensus price target of $52.40, indicating a potential upside of 5.16%. Given Canadian Solar's higher possible upside, analysts plainly believe Canadian Solar is more favorable than Kulicke and Soffa Industries.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Canadian Solar
4 Sell rating(s)
2 Hold rating(s)
5 Buy rating(s)
0 Strong Buy rating(s)
2.09
Kulicke and Soffa Industries
0 Sell rating(s)
2 Hold rating(s)
3 Buy rating(s)
0 Strong Buy rating(s)
2.60

52.4% of Canadian Solar shares are held by institutional investors. Comparatively, 98.2% of Kulicke and Soffa Industries shares are held by institutional investors. 21.5% of Canadian Solar shares are held by insiders. Comparatively, 0.0% of Kulicke and Soffa Industries shares are held by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company will outperform the market over the long term.

In the previous week, Canadian Solar had 14 more articles in the media than Kulicke and Soffa Industries. MarketBeat recorded 17 mentions for Canadian Solar and 3 mentions for Kulicke and Soffa Industries. Canadian Solar's average media sentiment score of 0.44 beat Kulicke and Soffa Industries' score of -0.08 indicating that Canadian Solar is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Canadian Solar
4 Very Positive mention(s)
2 Positive mention(s)
8 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Neutral
Kulicke and Soffa Industries
1 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral

Canadian Solar has a beta of 1.29, suggesting that its stock price is 29% more volatile than the S&P 500. Comparatively, Kulicke and Soffa Industries has a beta of 1.38, suggesting that its stock price is 38% more volatile than the S&P 500.

Canadian Solar has a net margin of 0.01% compared to Kulicke and Soffa Industries' net margin of -9.77%. Canadian Solar's return on equity of 0.02% beat Kulicke and Soffa Industries' return on equity.

Company Net Margins Return on Equity Return on Assets
Canadian Solar0.01% 0.02% 0.01%
Kulicke and Soffa Industries -9.77%-0.92%-0.71%

Canadian Solar received 84 more outperform votes than Kulicke and Soffa Industries when rated by MarketBeat users. However, 68.48% of users gave Kulicke and Soffa Industries an outperform vote while only 58.86% of users gave Canadian Solar an outperform vote.

CompanyUnderperformOutperform
Canadian SolarOutperform Votes
538
58.86%
Underperform Votes
376
41.14%
Kulicke and Soffa IndustriesOutperform Votes
454
68.48%
Underperform Votes
209
31.52%

Summary

Canadian Solar beats Kulicke and Soffa Industries on 12 of the 18 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding {thisCompany.Symbol} and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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CSIQ vs. The Competition

MetricCanadian SolarSemiconductors & related devices IndustryEnergy SectorNASDAQ Exchange
Market Cap$772.08M$61.09B$7.80B$9.30B
Dividend YieldN/A2.08%11.41%4.06%
P/E Ratio-97.2540.3816.8217.55
Price / Sales0.1325.0570.10139.00
Price / Cash1.4525.4612.5137.95
Price / Book0.217.533.664.91
Net Income$274.19M$983.89M$919.90M$225.69M
7 Day Performance-7.75%5.71%-2.15%-1.47%
1 Month Performance6.19%20.36%-1.00%5.37%
1 Year Performance-51.76%12.60%5.31%22.71%

Canadian Solar Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
CSIQ
Canadian Solar
3.8023 of 5 stars
$11.67
+0.1%
$18.58
+59.3%
-51.8%$772.08M$6.17B-97.2522,234Analyst Downgrade
KLIC
Kulicke and Soffa Industries
1.7885 of 5 stars
$49.42
-0.1%
$52.40
+6.0%
-8.6%$2.66B$706.23M-40.232,746
VIAV
Viavi Solutions
4.2276 of 5 stars
$11.17
+1.1%
$10.66
-4.6%
+16.5%$2.48B$1.00B-65.003,600Analyst Forecast
News Coverage
Gap Down
NN
NextNav
1.9891 of 5 stars
$18.29
+8.9%
$20.00
+9.3%
+348.9%$2.36B$3.86M-24.1560Positive News
SIMO
Silicon Motion Technology
4.7833 of 5 stars
$60.78
+2.5%
$81.67
+34.4%
+0.6%$2.05B$814.77M22.471,546
AAOI
Applied Optoelectronics
1.4063 of 5 stars
$35.45
-2.7%
$23.00
-35.1%
+61.5%$1.60B$209.55M-17.682,149Short Interest ↓
News Coverage
HIMX
Himax Technologies
3.8035 of 5 stars
$8.17
-4.9%
$15.00
+83.6%
+34.0%$1.43B$897.26M19.512,164High Trading Volume
JKS
JinkoSolar
2.0237 of 5 stars
$25.94
-7.1%
$31.33
+20.8%
-21.7%$1.38B$16.72B43.8557,397
NSSC
Napco Security Technologies
4.0086 of 5 stars
$37.54
+1.5%
$47.14
+25.6%
+10.1%$1.38B$191.15M27.211,070Positive News
BELFA
Bel Fuse
0.8937 of 5 stars
$100.90
+0.6%
N/A+61.2%$1.27B$639.81M24.296,300
COMM
CommScope
2.3664 of 5 stars
$5.74
flat
$2.50
-56.4%
+129.2%$1.24B$5.79B-1.3020,000Analyst Downgrade
Short Interest ↑
News Coverage
Positive News

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This page (NASDAQ:CSIQ) was last updated on 12/17/2024 by MarketBeat.com Staff
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