About Canadian Solar (NASDAQ:CSIQ)
Canadian Solar Inc. is a solar power company. The Company is a provider of solar power products, services and system solutions with operations in North America, South America, Europe, Africa, the Middle East, Australia and Asia. Its segments include module segment, energy development segment and electricity generation segment. It designs, develops and manufactures solar wafers, solar cells and solar power products. The module segment primarily involves the design, development, manufacturing and sale of a range of solar power products, including standard solar modules and specialty solar products, and solar system kits. Its energy development segment consists of solar power project development, engineering, procurement and construction services, and operation and maintenance services. Its electricity generation segment consists of holding solar power projects for the purpose of generating income from the sale of electricity to the local or national grid or other power purchasers.
Industry, Sector and Symbol:
- Sector: Oils/Energy
- Industry: Photovoltaic Solar Systems & Equipment
- Sub-Industry: N/A
- Symbol: NASDAQ:CSIQ
- CUSIP: N/A
- Web: www.canadiansolar.com
- Market Cap: $951.49 million
- Outstanding Shares: 57,947,000
- 50 Day Moving Avg: $16.35
- 200 Day Moving Avg: $15.10
- 52 Week Range: $10.25 - $18.12
Sales & Book Value:
- Trailing P/E Ratio: 38.91
- Foreward P/E Ratio: 9.22
- P/E Growth: 0.29
- Annual Revenue: $2.7 billion
- Price / Sales: 0.35
- Book Value: $16.00 per share
- Price / Book: 1.03
- EBITDA: $150.16 million
- Net Margins: 1.01%
- Return on Equity: 1.71%
- Return on Assets: 0.29%
- Debt-to-Equity Ratio: 0.42%
- Current Ratio: 0.95%
- Quick Ratio: 0.88%
- Average Volume: 1.14 million shs.
- Beta: 3.15
- Short Ratio: 4.31
Frequently Asked Questions for Canadian Solar (NASDAQ:CSIQ)
What is Canadian Solar's stock symbol?
Canadian Solar trades on the NASDAQ under the ticker symbol "CSIQ."
How were Canadian Solar's earnings last quarter?
Canadian Solar Inc. (NASDAQ:CSIQ) issued its earnings results on Monday, August, 14th. The company reported ($0.15) EPS for the quarter, beating the Zacks' consensus estimate of ($0.16) by $0.01. The business had revenue of $692.37 million for the quarter, compared to the consensus estimate of $631.05 million. Canadian Solar had a net margin of 1.01% and a return on equity of 1.71%. The business's revenue for the quarter was down 14.1% compared to the same quarter last year. During the same quarter last year, the firm posted $0.68 EPS. View Canadian Solar's Earnings History.
When will Canadian Solar make its next earnings announcement?
Where is Canadian Solar's stock going? Where will Canadian Solar's stock price be in 2017?
9 equities research analysts have issued 1 year price targets for Canadian Solar's shares. Their predictions range from $12.00 to $31.00. On average, they anticipate Canadian Solar's stock price to reach $17.29 in the next year. View Analyst Ratings for Canadian Solar.
Who are some of Canadian Solar's key competitors?
Some companies that are related to Canadian Solar include QEP Resources (QEP), Arch Coal, Inc. Class A (ARCH), Noble Midstream Partners LP (NBLX), McDermott International (MDR), Whiting Petroleum Corporation (WLL), Alliance Holdings GP, L.P. (AHGP), C&J Energy Services (CJ), Rowan Companies PLC (RDC), Suburban Propane Partners, L.P. (SPH), Golar LNG Partners LP (GMLP), CVR Refining, LP (CVRR), Dril-Quip (DRQ), Tallgrass Energy GP, LP (TEGP), Ensco Plc (ESV), Cairn Energy PLC (CRNCY), Summit Midstream Partners, LP (SMLP), Warrior Met Coal (HCC) and Western Refining Logistics, LP (WNRL).
Who are Canadian Solar's key executives?
Canadian Solar's management team includes the folowing people:
- Xiaohua Qu Ph.D., Chairman of the Board, President, Chief Executive Officer
- Huifeng Chang, Chief Financial Officer, Senior Vice President
- Guangchun Zhang, Chief Operation Officer
- Jianyi Zhang, Senior Vice President, Chief Compliance Officer, General Counsel
- Yan Zhuang, Senior Vice President, Chief Commercial Officer
- Ty Daulhas, Group Vice President, Americas
- Robert McDermott, Lead Independent Director
- Lars-Eric E. Johansson, Independent Director
- Harry E. Ruda, Independent Director
- Luen Cheung Wong, Independent Director
Who owns Canadian Solar stock?
Who sold Canadian Solar stock? Who is selling Canadian Solar stock?
How do I buy Canadian Solar stock?
Shares of Canadian Solar can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Canadian Solar's stock price today?
MarketBeat Community Rating for Canadian Solar (NASDAQ CSIQ)MarketBeat's community ratings are surveys of what our community members think about Canadian Solar and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
One share of Canadian Solar stock can currently be purchased for approximately $16.42.
Consensus Ratings for Canadian Solar (NASDAQ:CSIQ) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||1 Sell Rating, 6 Hold Ratings, 2 Buy Ratings|
|Consensus Rating:||Hold (Score: 2.11)|
|Consensus Price Target: ||$17.29 (5.27% upside)|Consensus Price Target History for Canadian Solar (NASDAQ:CSIQ)
Analysts' Ratings History for Canadian Solar (NASDAQ:CSIQ)
(Data available from 10/23/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|10/22/2017||Cowen and Company||Reiterated Rating||Hold||$17.00||N/A|
|8/26/2017||Axiom Securities||Reiterated Rating||Buy||Low|
|8/21/2017||Barclays PLC||Downgrade||Equal Weight -> Underweight||$12.00 -> $14.00||High|
|8/15/2017||FBR & Co||Reiterated Rating||Neutral||$13.00 -> $15.00||Medium|
|4/20/2017||Oppenheimer Holdings, Inc.||Reiterated Rating||Outperform||$31.00||Low|
|3/22/2017||Roth Capital||Set Price Target||Hold||$12.00||Medium|
|3/22/2017||J P Morgan Chase & Co||Lower Price Target||Neutral||$16.00 -> $14.00||High|
|11/22/2016||JMP Securities||Reiterated Rating||Hold||N/A|
|9/6/2016||Standpoint Research||Reiterated Rating||Buy||$18.00||N/A|
|8/19/2016||Canaccord Genuity||Set Price Target||Buy||$29.00 -> $20.00||N/A|
|8/3/2016||Morgan Stanley||Downgrade||Overweight -> Underweight||$24.00 -> $12.80||N/A|
|3/29/2016||Stifel Nicolaus||Reiterated Rating||Buy||$28.00||N/A|
|3/16/2016||Northland Securities||Initiated Coverage||Outperform||$36.00||N/A|
Earnings History for Canadian Solar (NASDAQ:CSIQ)Earnings History by Quarter for Canadian Solar (NASDAQ CSIQ)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|8/14/2017||6/30/2017||($0.16)||($0.15)||$631.05 million||$692.37 million||View||N/A|
|6/6/2017||3/31/2017||$0.04||($0.10)||$580.45 million||$677.00 million||View||Listen|
|3/21/2017||12/31/2016||$0.32||$0.24||$698.57 million||$668.40 million||View||Listen|
|11/21/2016||Q316||$0.24||$0.27||$685.28 million||$657.30 million||View||Listen|
|8/18/2016||Q216||$0.37||$0.68||$735.82 million||$805.90 million||View||Listen|
|5/11/2016||Q116||$0.14||$0.39||$663.74 million||$721.40 million||View||Listen|
|3/10/2016||Q415||$0.76||$1.05||$998.49 million||$1.12 billion||View||Listen|
|11/10/2015||Q315||$0.28||$0.79||$616.09 million||$849.80 million||View||Listen|
|8/18/2015||Q215||$0.13||$0.31||$592.50 million||$636.70 million||View||Listen|
|5/7/2015||Q115||$0.75||$1.04||$735.12 million||$860.90 million||View||Listen|
|3/5/2015||Q414||$1.34||$1.28||$953.94 million||$956.20 million||View||Listen|
|11/12/2014||Q314||$1.15||$1.58||$803.24 million||$914.40 million||View||Listen|
|8/13/2014||Q214||$0.58||$0.95||$577.65 million||$623.80 million||View||Listen|
|5/16/2014||Q114||$0.12||$0.07||$431.98 million||$466.30 million||View||Listen|
|3/5/2014||Q413||$0.52||$0.39||$535.88 million||$519.50 million||View||Listen|
|11/13/2013||Q313||$0.36||$0.58||$480.10 million||$490.90 million||View||Listen|
|8/8/2013||Q2 2013||($0.20)||($0.29)||$419.83 million||$380.40 million||View||Listen|
|5/28/2013||Q1 2013||($0.78)||($0.10)||$221.00 million||$263.60 million||View||N/A|
|3/11/2013||Q4 2012||($0.95)||($1.01)||$318.53 million||$294.80 million||View||Listen|
|11/15/2012||Q312||($0.66)||($1.01)||$355.13 million||$326.00 million||View||N/A|
Earnings Estimates for Canadian Solar (NASDAQ:CSIQ)
2017 EPS Consensus Estimate: $1.71
2018 EPS Consensus Estimate: $33.93
(Data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Dividend History for Canadian Solar (NASDAQ:CSIQ)
No dividend announcements for this company have been tracked by MarketBeat.com
Insider Trading History for Canadian Solar (NASDAQ:CSIQ)
No insider trades for this company have been tracked by MarketBeat.com
Headline Trends for Canadian Solar (NASDAQ:CSIQ)
Latest Headlines for Canadian Solar (NASDAQ:CSIQ)
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Canadian Solar (CSIQ) Chart for Monday, October, 23, 2017