NASDAQ:CSIQ - Canadian Solar Stock Price, News, & Analysis

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$14.20 +0.49 (+3.57 %)
(As of 11/15/2018 11:43 AM ET)
Previous Close$13.71
Today's Range$13.80 - $14.73
52-Week Range$11.37 - $18.52
Volume27,731 shs
Average Volume784,526 shs
Market Capitalization$803.92 million
P/E Ratio13.87
Dividend YieldN/A
Beta1.83
Canadian Solar Inc., together with its subsidiaries, designs, develops, manufactures, and sells solar ingots, wafers, cells, modules, and other solar power products primarily under the Canadian Solar brand name. The company operates through two segments, Module and System Solutions, and Energy. Its products include various solar modules that are used in residential, commercial, and industrial solar power generation systems. The company also provides specialty solar products consisting of Andes Solar Home System, an off-grid solar system that provides an economical source of electricity to homes and communities without access to grid; and Maple Solar System, a clean energy solution for families, as well as solar system kits, which are a ready-to-install packages that consist inverters, racking systems, and other accessories. In addition, it develops, builds, and sells solar power projects; performs engineering, procurement, and construction (EPC) work for solar power projects; and offers operation and maintenance services that include inspection, repair, and replacement of plant equipment, site management, and administrative support services. Further, the company generates and sells electricity through its solar plants with an aggregate capacity of approximately 1,211.1 megawatts. Canadian Solar Inc. offers its products to distributors, system integrators, project developers, and installers/EPC companies. The company has operations in North America, South America, Europe, Africa, the Middle East, Australia, and Asia. Canadian Solar Inc. was founded in 2001 and is based in Guelph, Canada.

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Industry, Sector and Symbol

Stock Exchange NASDAQ
Industry Semiconductors & related devices
Sub-IndustryN/A
SectorOils/Energy
Current SymbolNASDAQ:CSIQ
Previous Symbol
CUSIPN/A
Phone519-837-1881

Debt

Debt-to-Equity Ratio0.20
Current Ratio0.93
Quick Ratio0.84

Price-To-Earnings

Trailing P/E Ratio13.87
Forward P/E Ratio8.21
P/E Growth0.31

Sales & Book Value

Annual Sales$3.39 billion
Price / Sales0.24
Cash Flow$2.8063 per share
Price / Cash5.06
Book Value$18.27 per share
Price / Book0.78

Profitability

EPS (Most Recent Fiscal Year)$1.04
Net Income$99.57 million
Net Margins3.26%
Return on Equity12.44%
Return on Assets2.38%

Miscellaneous

Employees12,129
Outstanding Shares58,000,000
Market Cap$803.92 million
OptionableOptionable

Canadian Solar (NASDAQ:CSIQ) Frequently Asked Questions

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) released its earnings results on Tuesday, August, 14th. The solar energy provider reported $0.26 earnings per share for the quarter, missing analysts' consensus estimates of $0.27 by $0.01. The solar energy provider had revenue of $650.10 million for the quarter, compared to analysts' expectations of $711.53 million. Canadian Solar had a net margin of 3.26% and a return on equity of 12.44%. The firm's quarterly revenue was down 6.1% compared to the same quarter last year. During the same quarter last year, the firm posted $0.63 EPS. View Canadian Solar's Earnings History.

When is Canadian Solar's next earnings date?

Canadian Solar is scheduled to release their next quarterly earnings announcement on Thursday, November 15th 2018. View Earnings Estimates for Canadian Solar.

What guidance has Canadian Solar issued on next quarter's earnings?

Canadian Solar issued an update on its FY 2018 earnings guidance on Thursday, November, 15th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $3.53-3.64 billion, compared to the consensus revenue estimate of $4.05 billion.Canadian Solar also updated its Q4 2018 guidance to EPS.

What price target have analysts set for CSIQ?

7 brokers have issued 12 month price targets for Canadian Solar's shares. Their predictions range from $15.00 to $19.00. On average, they expect Canadian Solar's share price to reach $17.1429 in the next twelve months. This suggests a possible upside of 19.9% from the stock's current price. View Analyst Price Targets for Canadian Solar.

What is the consensus analysts' recommendation for Canadian Solar?

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Canadian Solar in the last year. There are currently 2 sell ratings, 4 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Canadian Solar.

Has Canadian Solar been receiving favorable news coverage?

News coverage about CSIQ stock has trended neutral on Thursday, according to InfoTrie Sentiment Analysis. InfoTrie ranks the sentiment of media coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Canadian Solar earned a news impact score of 0.3 on InfoTrie's scale. They also assigned media coverage about the solar energy provider a news buzz of 6.0 out of 10, indicating that recent media coverage is somewhat likely to have an effect on the company's share price in the next several days.

Who are some of Canadian Solar's key competitors?

Who are Canadian Solar's key executives?

Canadian Solar's management team includes the folowing people:
  • Dr. Xiaohua Qu, Chairman, Pres & CEO (Age 54)
  • Mr. Arthur Chien, Sr. VP, Chief Strategy Officer & Pres of Energy Bus. (Age 57)
  • Mr. Yan Zhuang, Sr. VP, Chief Commercial Officer and Pres of Modules & Systems Solutions Bus. (Age 54)
  • Dr. Huifeng Chang, Sr. VP & CFO (Age 52)
  • Mr. Guangchun Zhang, Sr. VP & COO (Age 61)

Who are Canadian Solar's major shareholders?

Canadian Solar's stock is owned by a number of of institutional and retail investors. Top institutional investors include Luminus Management LLC (4.60%), BlackRock Inc. (4.19%), DNB Asset Management AS (2.01%), Connor Clark & Lunn Investment Management Ltd. (1.18%), Assenagon Asset Management S.A. (0.85%) and Hussman Strategic Advisors Inc. (0.21%).

Which major investors are selling Canadian Solar stock?

CSIQ stock was sold by a variety of institutional investors in the last quarter, including DNB Asset Management AS, Hussman Strategic Advisors Inc., SG Americas Securities LLC, BlackRock Inc., Connor Clark & Lunn Investment Management Ltd., GFS Advisors LLC, First Trust Advisors LP and Ruffer LLP.

Which major investors are buying Canadian Solar stock?

CSIQ stock was bought by a variety of institutional investors in the last quarter, including Luminus Management LLC, Assenagon Asset Management S.A., Man Group plc, Mirae Asset Global Investments Co. Ltd., Atlas Capital Advisors LLC, Cambridge Investment Research Advisors Inc., Moody National Bank Trust Division and Engineers Gate Manager LP.

How do I buy shares of Canadian Solar?

Shares of CSIQ can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Canadian Solar's stock price today?

One share of CSIQ stock can currently be purchased for approximately $14.30.

How big of a company is Canadian Solar?

Canadian Solar has a market capitalization of $803.92 million and generates $3.39 billion in revenue each year. The solar energy provider earns $99.57 million in net income (profit) each year or $1.04 on an earnings per share basis. Canadian Solar employs 12,129 workers across the globe.

What is Canadian Solar's official website?

The official website for Canadian Solar is http://www.canadiansolar.com.

How can I contact Canadian Solar?

Canadian Solar's mailing address is 545 SPEEDVALE AVENUE WEST GUELPH, ONTARIO A6, N1K 1E6. The solar energy provider can be reached via phone at 519-837-1881 or via email at [email protected]


MarketBeat Community Rating for Canadian Solar (NASDAQ CSIQ)

Community Ranking:  2.2 out of 5 (star star)
Outperform Votes:  428 (Vote Outperform)
Underperform Votes:  553 (Vote Underperform)
Total Votes:  981
MarketBeat's community ratings are surveys of what our community members think about Canadian Solar and other stocks. Vote "Outperform" if you believe CSIQ will outperform the S&P 500 over the long term. Vote "Underperform" if you believe CSIQ will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 11/15/2018 by MarketBeat.com Staff

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