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
Industry Semiconductors & related devices
Sub-IndustryN/A
SectorOils/Energy
SymbolNASDAQ:CSIQ
CUSIPN/A
Phone519-837-1881
Debt
Debt-to-Equity Ratio0.50%
Current Ratio0.99%
Quick Ratio0.91%
Price-To-Earnings
Trailing P/E Ratio15.28
Forward P/E Ratio11.35
P/E Growth0.44
Sales & Book Value
Annual Sales$3.39 billion
Price / Sales0.27
Cash Flow$3.2628 per share
Price / Cash4.87
Book Value$18.27 per share
Price / Book0.87
Profitability
EPS (Most Recent Fiscal Year)$1.04
Net Income$99.57 million
Net Margins2.94%
Return on Equity6.11%
Return on Assets1.04%
Miscellaneous
Employees9,724
Outstanding Shares58,000,000
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 (NASDAQ:CSIQ) released its earnings results on Monday, March, 19th. The solar energy provider reported $1.01 earnings per share (EPS) for the quarter, meeting the consensus estimate of $1.01. The solar energy provider had revenue of $1.11 billion for the quarter, compared to the consensus estimate of $1.06 billion. Canadian Solar had a return on equity of 6.11% and a net margin of 2.94%. The firm's revenue was up 65.9% on a year-over-year basis. During the same period in the prior year, the firm earned $0.24 EPS. View Canadian Solar's Earnings History.
When is Canadian Solar's next earnings date?
What price target have analysts set for CSIQ?
10 Wall Street analysts have issued 1-year price objectives for Canadian Solar's shares. Their predictions range from $14.00 to $24.00. On average, they anticipate Canadian Solar's share price to reach $17.60 in the next twelve months. View Analyst Ratings for Canadian Solar.
Who are some of Canadian Solar's key competitors?
Some companies that are related to Canadian Solar include Dialog Semiconductor (DLGNF), Finisar (FNSR), Kulicke and Soffa Industries (KLIC), Silicon Motion (SIMO), Ambarella (AMBA), Synaptics (SYNA), MaxLinear (MXL), Rambus (RMBS), Diodes (DIOD), Oclaro (OCLR), SunPower (SPWR), Inphi (IPHI), OSI Systems (OSIS), Himax (HIMX), Xperi (XPER), Acacia Communications (ACIA), MACOM Technology Solutions (MTSI) and FormFactor (FORM).
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 (Age 53)
- Huifeng Chang, Chief Financial Officer, Senior Vice President (Age 51)
- Guangchun Zhang, Senior Vice President and Chief Operations Officer (Age 59)
- Guoqiang Xing, Senior Vice President, Chief Technology Officer (Age 54)
- Jianyi Zhang, Senior Vice President, General Counsel and Chief Compliance Officer (Age 59)
- Arthur Chien, Senior Vice President, Chief Strategy Officer and President of Energy Business (Age 56)
- Yan Zhuang, Senior Vice President, Chief Commercial Officer and President of Modules and Systems Solutions Business (Age 53)
- Ty Daulhas, Group Vice President, Americas
- Robert McDermott, Lead Independent Director (Age 75)
- Lars-Eric E. Johansson, Independent Director (Age 70)
Has Canadian Solar been receiving favorable news coverage?
Media headlines about CSIQ stock have trended somewhat positive on Sunday, Accern Sentiment Analysis reports. Accern ranks the sentiment of media coverage by reviewing more than twenty million news and blog sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Canadian Solar earned a coverage optimism score of 0.16 on Accern's scale. They also assigned media stories about the solar energy provider an impact score of 46.39 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock's share price in the near future.
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 $15.89.
How big of a company is Canadian Solar?
Canadian Solar has a market capitalization of $921.67 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 (CSIQ)
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.
Canadian Solar (NASDAQ:CSIQ) Price Target and Consensus Rating
(How are Consensus Ratings Calculated?) MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst 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's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
10 Wall Street analysts have issued ratings and price targets for Canadian Solar in the last 12 months. Their average twelve-month price target is $17.60, suggesting that the stock has a possible upside of 10.76%. The high price target for CSIQ is $24.00 and the low price target for CSIQ is $14.00. There are currently 3 sell ratings, 5 hold ratings and 2 buy ratings for the stock, resulting in a consensus rating of "Hold."
| Today | 30 Days Ago | 90 Days Ago | 180 Days Ago |
| Consensus Rating: | Hold | Hold | Hold | Hold |
| Consensus Rating Score: | 1.90 | 2.00 | 2.00 | 2.11 |
| Ratings Breakdown: | 3 Sell Rating(s)
5 Hold Rating(s)
2 Buy Rating(s)
0 Strong Buy Rating(s) | 2 Sell Rating(s)
6 Hold Rating(s)
2 Buy Rating(s)
0 Strong Buy Rating(s) | 2 Sell Rating(s)
5 Hold Rating(s)
2 Buy Rating(s)
0 Strong Buy Rating(s) | 1 Sell Rating(s)
6 Hold Rating(s)
2 Buy Rating(s)
0 Strong Buy Rating(s) |
| Consensus Price Target: | $17.60 | $17.50 | $18.6667 | $17.2857 |
| Price Target Upside: | 10.76% upside | 5.61% upside | 7.90% upside | 8.44% upside |
Canadian Solar (NASDAQ:CSIQ) Consensus Price Target History
Canadian Solar (NASDAQ:CSIQ) Analyst Ratings History
Show:
(Data available from 4/22/2016 forward)
Canadian Solar (NASDAQ:CSIQ) Dividend History by Quarter
| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
(Data available from 1/1/2013 forward)
Canadian Solar (NASDAQ CSIQ) Insider Trading and Institutional Ownership History
Institutional Ownership Percentage: 39.15%
Canadian Solar (NASDAQ CSIQ) Insider Trading History
| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Shares Held After Transaction | Details |
|---|
(Data available from 1/1/2013 forward)
Canadian Solar (NASDAQ CSIQ) News Headlines
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Canadian Solar (NASDAQ:CSIQ) SEC Filings
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Canadian Solar (NASDAQ:CSIQ) Income Statement, Balance Sheet and Cash Flow Statement
Canadian Solar (NASDAQ CSIQ) Stock Chart for Sunday, April, 22, 2018
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