JinkoSolar (JKS) Projected to Post Quarterly Earnings on Tuesday

JinkoSolar (NYSE:JKS - Get Free Report) is expected to be releasing its Q1 2025 earnings data before the market opens on Tuesday, April 29th. Analysts expect JinkoSolar to post earnings of ($1.45) per share and revenue of $1.89 billion for the quarter.

JinkoSolar (NYSE:JKS - Get Free Report) last issued its quarterly earnings results on Wednesday, March 26th. The semiconductor company reported ($1.01) EPS for the quarter, missing the consensus estimate of ($0.46) by ($0.55). The company had revenue of $20.65 billion for the quarter, compared to analyst estimates of $3.38 billion. JinkoSolar had a net margin of 0.53% and a return on equity of 4.18%. The business's revenue for the quarter was down 37.1% on a year-over-year basis. During the same period last year, the company posted $0.54 earnings per share. On average, analysts expect JinkoSolar to post $0 EPS for the current fiscal year and $2 EPS for the next fiscal year.

JinkoSolar Stock Performance

NYSE JKS traded up $0.77 on Friday, hitting $17.61. 1,254,872 shares of the stock were exchanged, compared to its average volume of 1,070,209. The company has a market capitalization of $936.06 million, a PE ratio of 29.85 and a beta of 0.17. The business's fifty day moving average is $19.62 and its 200 day moving average is $22.17. JinkoSolar has a 52 week low of $13.42 and a 52 week high of $37.36. The company has a debt-to-equity ratio of 0.81, a current ratio of 1.22 and a quick ratio of 0.97.

Wall Street Analyst Weigh In

A number of research analysts recently weighed in on the company. The Goldman Sachs Group decreased their target price on JinkoSolar from $20.00 to $18.00 and set a "sell" rating on the stock in a report on Thursday, March 27th. Daiwa Capital Markets lowered shares of JinkoSolar from an "underperform" rating to a "sell" rating in a research note on Friday, January 10th. UBS Group cut their price objective on shares of JinkoSolar from $25.00 to $22.00 and set a "neutral" rating for the company in a research report on Thursday, March 27th. Finally, Glj Research decreased their target price on JinkoSolar from $13.08 to $10.95 and set a "sell" rating on the stock in a research report on Thursday, January 23rd. Three analysts have rated the stock with a sell rating, three have given a hold rating and one has issued a buy rating to the company's stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and a consensus price target of $27.19.

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.