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

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$15.02 0.00 (0.00 %)

(As of 10/19/2018 04:00 PM ET)

Previous Close$15.02

Today's Range$15.02 - $15.43

52-Week Range$11.37 - $19.09

Volume515,460 shs

Average Volume537,501 shs

Market Capitalization$871.21 million

P/E Ratio14.44

Dividend YieldN/A

Beta2.27

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

SymbolNASDAQ:CSIQ

CUSIPN/A

Webwww.canadiansolar.com

Phone519-837-1881

Debt

Debt-to-Equity Ratio0.20

Current Ratio0.93

Quick Ratio0.84

Price-To-Earnings

Trailing P/E Ratio14.44

Forward P/E Ratio8.68

P/E Growth0.33

Sales & Book Value

Annual Sales$3.39 billion

Price / Sales0.26

Cash Flow$2.7409 per share

Price / Cash5.48

Book Value$18.27 per share

Price / Book0.82

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$871.21 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) issued its quarterly earnings data 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 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 business's revenue for the quarter was down 6.1% on a year-over-year basis. During the same quarter in the prior year, the company 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 8th 2018. View Earnings Estimates for Canadian Solar.

What price target have analysts set for CSIQ?

8 analysts have issued 1 year price targets for Canadian Solar's shares. Their predictions range from $15.00 to $24.00. On average, they expect Canadian Solar's stock price to reach $18.00 in the next year. This suggests a possible upside of 19.8% from the stock's current price. View Analyst Price Targets for Canadian Solar.

What is the consensus analysts' recommendation for Canadian Solar?

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Canadian Solar in the last year. There are currently 1 sell rating, 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?

Some companies that are related to Canadian Solar include Advantest (ATEYY), Semtech (SMTC), Viavi Solutions (VIAV), Cabot Microelectronics (CCMP), Cirrus Logic (CRUS), Finisar (FNSR), Dialog Semiconductor (DLGNF), Tower Semiconductor (TSEM), Solaredge Technologies (SEDG), Power Integrations (POWI), BE Semiconductor Industrs (BESIY), Silicon Motion Technology (SIMO), Acacia Communications (ACIA), Amkor Technology (AMKR) and Diodes (DIOD).

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 retail and institutional investors. Top institutional shareholders include DNB Asset Management AS (2.01%).

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.

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 $15.02.

How big of a company is Canadian Solar?

Canadian Solar has a market capitalization of $871.21 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 ( )
Outperform Votes:		426 (Vote Outperform)
Underperform Votes:		548 (Vote Underperform)
Total Votes:		974

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 10/20/2018 by MarketBeat.com Staff