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

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$13.13 +0.02 (+0.15 %)
(As of 08/21/2018 08:35 AM ET)
Previous Close$13.11
Today's Range$12.97 - $13.31
52-Week Range$11.37 - $19.09
Volume536,552 shs
Average Volume761,642 shs
Market Capitalization$760.42 million
P/E Ratio12.63
Dividend YieldN/A
Beta2.47
Canadian Solar logoCanadian 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
SymbolNASDAQ:CSIQ
CUSIPN/A
Phone519-837-1881

Debt

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

Price-To-Earnings

Trailing P/E Ratio12.63
Forward P/E Ratio7.38
P/E Growth0.28

Sales & Book Value

Annual Sales$3.39 billion
Price / Sales0.22
Cash Flow$2.7411 per share
Price / Cash4.79
Book Value$18.27 per share
Price / Book0.72

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

Employees9,724
Outstanding Shares58,000,000
Market Cap$760.42 million

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 quarterly earnings results on Tuesday, August, 14th. The solar energy provider reported $0.26 EPS for the quarter, missing the consensus estimate of $0.27 by $0.01. The solar energy provider earned $650.10 million during 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 revenue for the quarter was down 6.1% compared to the same quarter last year. During the same quarter last year, the company earned $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, 8th 2018. View Earnings Estimates for Canadian Solar.

What price target have analysts set for CSIQ?

9 brokerages have issued twelve-month price objectives for Canadian Solar's stock. Their predictions range from $14.00 to $24.00. On average, they anticipate Canadian Solar's share price to reach $17.6667 in the next twelve months. This suggests a possible upside of 34.6% from the stock's current price. View Analyst Price Targets for Canadian Solar.

What is the consensus analysts' recommendation for Canadian Solar?

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Canadian Solar in the last year. There are currently 2 sell ratings, 5 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Canadian Solar.

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)

Has Canadian Solar been receiving favorable news coverage?

News coverage about CSIQ stock has trended somewhat positive recently, Accern Sentiment Analysis reports. The research group identifies negative and positive media coverage by monitoring more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Canadian Solar earned a media and rumor sentiment score of 0.13 on Accern's scale. They also assigned news headlines about the solar energy provider an impact score of 47.96 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock's share price in the near future. View Recent Headlines for Canadian Solar.

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 DnB Asset Management AS (2.35%), Bank of America Corp DE (1.43%), Connor Clark & Lunn Investment Management Ltd. (1.23%), Luminus Management LLC (0.93%), California Public Employees Retirement System (0.50%) and Hussman Strategic Advisors Inc. (0.35%).

Which institutional 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, Millennium Management LLC, Paloma Partners Management Co and Ruffer LLP.

Which institutional investors are buying Canadian Solar stock?

CSIQ stock was acquired by a variety of institutional investors in the last quarter, including Luminus Management LLC, California Public Employees Retirement System, Connor Clark & Lunn Investment Management Ltd., GABELLI & Co INVESTMENT ADVISERS INC., Bank of America Corp DE, Gabelli Funds LLC, KBC Group NV and Hussman Strategic Advisors Inc..

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 $13.13.

How big of a company is Canadian Solar?

Canadian Solar has a market capitalization of $760.42 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 9,724 workers across the globe.

How can I contact Canadian Solar?

Canadian Solar's mailing address is 545 SPEEDVALE AVENUE WEST GUELPH, ONTARIO A6, 215129. 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:  423 (Vote Outperform)
Underperform Votes:  540 (Vote Underperform)
Total Votes:  963
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 8/21/2018 by MarketBeat.com Staff

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