JKS vs. SHLS, CSIQ, SPWR, SEDG, DMLP, CLMT, PFHC, SPH, NRP, and AMRC
Should you be buying JinkoSolar stock or one of its competitors? The main competitors of JinkoSolar include Shoals Technologies Group (SHLS), Canadian Solar (CSIQ), SunPower (SPWR), SolarEdge Technologies (SEDG), Dorchester Minerals (DMLP), Calumet Specialty Products Partners (CLMT), ProFrac (PFHC), Suburban Propane Partners (SPH), Natural Resource Partners (NRP), and Ameresco (AMRC). These companies are all part of the "oils/energy" sector.
Shoals Technologies Group (NASDAQ:SHLS) and JinkoSolar (NYSE:JKS) are both small-cap oils/energy companies, but which is the better investment? We will contrast the two companies based on the strength of their institutional ownership, valuation, earnings, profitability, risk, analyst recommendations, community ranking, dividends and media sentiment.
35.8% of JinkoSolar shares are held by institutional investors. 1.7% of Shoals Technologies Group shares are held by insiders. Comparatively, 19.8% of JinkoSolar shares are held by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock will outperform the market over the long term.
Shoals Technologies Group presently has a consensus price target of $17.29, suggesting a potential upside of 107.86%. JinkoSolar has a consensus price target of $26.60, suggesting a potential downside of 10.92%. Given JinkoSolar's stronger consensus rating and higher possible upside, equities analysts plainly believe Shoals Technologies Group is more favorable than JinkoSolar.
Shoals Technologies Group has a net margin of 6.42% compared to Shoals Technologies Group's net margin of 2.74%. JinkoSolar's return on equity of 13.95% beat Shoals Technologies Group's return on equity.
Shoals Technologies Group has a beta of 1.86, indicating that its stock price is 86% more volatile than the S&P 500. Comparatively, JinkoSolar has a beta of 0.38, indicating that its stock price is 62% less volatile than the S&P 500.
JinkoSolar received 204 more outperform votes than Shoals Technologies Group when rated by MarketBeat users. Likewise, 55.80% of users gave JinkoSolar an outperform vote while only 47.30% of users gave Shoals Technologies Group an outperform vote.
In the previous week, Shoals Technologies Group had 2 more articles in the media than JinkoSolar. MarketBeat recorded 6 mentions for Shoals Technologies Group and 4 mentions for JinkoSolar. Shoals Technologies Group's average media sentiment score of 1.16 beat JinkoSolar's score of 0.98 indicating that JinkoSolar is being referred to more favorably in the news media.
JinkoSolar has higher revenue and earnings than Shoals Technologies Group. JinkoSolar is trading at a lower price-to-earnings ratio than Shoals Technologies Group, indicating that it is currently the more affordable of the two stocks.
Summary
Shoals Technologies Group beats JinkoSolar on 10 of the 18 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding JKS and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
This chart shows the average media sentiment of NYSE 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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