2 weeks Ago By ABMN Staff
JinkoSolar Holding Co., Ltd. ( NYSE:JKS – Free Report ) – Research analysts at Roth Capital cut their Q4 2024 earnings per share (EPS) estimates for shares of JinkoSolar in a report released on Wednesday, October 30th.
Roth Capital analyst P. Shen now forecasts that the semiconductor company will earn ($0.46) per share for the quarter, down from their previous 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. JinkoSolar ( NYSE:JKS – Get Free Report ) last announced its quarterly earnings results on Friday, August 30th. The semiconductor company reported $0.
97 EPS for the quarter, topping analysts’ consensus estimates of $0.05 by $0.92.
The company had revenue of $3.31 billion during the quarter, compared to analyst estimates of $3.85 billion.
JinkoSolar had a return on equity of 4.18% and a net margin of 0.53%.
View Our Latest Stock Analysis on JKS JinkoSolar Stock Up 1.1 % NYSE:JKS opened at $28.16 on Monday.
The firm has a 50-day simple moving average of $21.97 and a two-hundred day simple moving average of $22.63.
JinkoSolar has a fifty-two week low of $16.70 and a fifty-two week high of $38.65.
The firm has a market cap of $1.50 billion, a P/E ratio of 47.73 and a beta of 0.
44. The company has a debt-to-equity ratio of 0.81, a quick ratio of 0.
97 and a current ratio of 1.22. Hedge Funds Weigh In On JinkoSolar Large investors have recently made changes to their positions in the business.
Signaturefd LLC increased its holdings in shares of JinkoSolar by 108.0% in the third quarter. Signaturefd LLC now owns 1,246 shares of the semiconductor company’s stock valued at $33,000 after purchasing an additional 647 shares during the period.
Tidal Investments LLC increased its stake in shares of JinkoSolar by 4.0% in the 1st quarter. Tidal Investments LLC now owns 21,629 shares of the semiconductor company’s stock worth $545,000 after acquiring an additional 825 shares during the last quarter.
Profund Advisors LLC raised its position in JinkoSolar by 8.5% in the second quarter. Profund Advisors LLC now owns 12,217 shares of the semiconductor company’s stock valued at $253,000 after purchasing an additional 960 shares during the period.
Green Alpha Advisors LLC lifted its position in JinkoSolar by 2.1% in the third quarter. Green Alpha Advisors LLC now owns 71,548 shares of the semiconductor company’s stock valued at $1,919,000 after buying an additional 1,497 shares during the last quarter.
Finally, SG Americas Securities LLC raised its position in JinkoSolar by 16.0% in the second quarter. SG Americas Securities LLC now owns 21,321 shares of the semiconductor company’s stock valued at $442,000 after purchasing an additional 2,939 shares during the period.
35.82% of the stock is owned by institutional investors and hedge funds. About JinkoSolar ( Get Free Report ) 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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