Media headlines about JinkoSolar Holding Company Limited (NYSE:JKS) have been trending somewhat positive on Thursday, according to Accern. The research firm scores the sentiment of media coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. JinkoSolar Holding Company Limited earned a coverage optimism score of 0.01 on Accern’s scale. Accern also assigned news coverage about the semiconductor company an impact score of 17 out of 100, indicating that recent media coverage is very unlikely to have an effect on the company’s share price in the near term.
Several analysts have commented on the stock. Zacks Investment Research downgraded shares of JinkoSolar Holding Company Limited from a “hold” rating to a “sell” rating in a research report on Thursday, June 8th. Morgan Stanley downgraded shares of JinkoSolar Holding Company Limited from an “overweight” rating to an “underweight” rating and decreased their target price for the stock from $19.40 to $16.00 in a research report on Friday, May 26th. Credit Suisse Group set a $20.00 target price on shares of JinkoSolar Holding Company Limited and gave the stock a “buy” rating in a research report on Tuesday, June 6th. Finally, Citigroup Inc. downgraded shares of JinkoSolar Holding Company Limited from a “neutral” rating to a “sell” rating and decreased their target price for the stock from $15.55 to $15.00 in a research report on Friday, May 26th. Three analysts have rated the stock with a sell rating, one has assigned a hold rating and two have given a buy rating to the stock. The company currently has an average rating of “Hold” and a consensus price target of $21.00.
JinkoSolar Holding Company Limited (NYSE JKS) traded up 0.78% during mid-day trading on Thursday, hitting $21.86. 388,850 shares of the company traded hands. JinkoSolar Holding Company Limited has a one year low of $12.72 and a one year high of $22.19. The company’s 50-day moving average is $18.67 and its 200-day moving average is $16.78. The stock has a market capitalization of $699.45 million, a price-to-earnings ratio of 3.02 and a beta of 1.97.
JinkoSolar Holding Company Limited (NYSE:JKS) last released its quarterly earnings data on Monday, June 5th. The semiconductor company reported $0.28 EPS for the quarter, missing the Zacks’ consensus estimate of $0.48 by $0.20. JinkoSolar Holding Company Limited had a return on equity of 12.53% and a net margin of 6.92%. The company had revenue of $839.30 million for the quarter, compared to the consensus estimate of $780.08 million. During the same period last year, the firm earned $1.72 earnings per share. The company’s revenue for the quarter was down 1.0% compared to the same quarter last year. Analysts predict that JinkoSolar Holding Company Limited will post $1.51 EPS for the current year.
JinkoSolar Holding Company Limited Company Profile
JinkoSolar Holding Co, Ltd. operates in the photovoltaic (PV) industry. The Company has built a vertically integrated solar power product value chain, from recovering silicon materials to manufacturing solar modules and solar power generation. The Company’s segments include the manufacturing segment and the solar power projects segment.
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