CSIQ vs. JKS, MXL, XPER, SPWR, SHLS, AMBA, DQ, KLIC, TSEM, and SEDG
Should you be buying Canadian Solar stock or one of its competitors? The main competitors of Canadian Solar include JinkoSolar (JKS), MaxLinear (MXL), Xperi (XPER), SunPower (SPWR), Shoals Technologies Group (SHLS), Ambarella (AMBA), Daqo New Energy (DQ), Kulicke and Soffa Industries (KLIC), Tower Semiconductor (TSEM), and SolarEdge Technologies (SEDG).
JinkoSolar (NYSE:JKS) and Canadian Solar (NASDAQ:CSIQ) are both small-cap oils/energy companies, but which is the superior business? We will contrast the two companies based on the strength of their dividends, media sentiment, risk, valuation, institutional ownership, earnings, analyst recommendations, community ranking and profitability.
In the previous week, JinkoSolar had 17 more articles in the media than Canadian Solar. MarketBeat recorded 23 mentions for JinkoSolar and 6 mentions for Canadian Solar. Canadian Solar's average media sentiment score of -0.13 beat JinkoSolar's score of -0.27 indicating that JinkoSolar is being referred to more favorably in the media.
Canadian Solar received 258 more outperform votes than JinkoSolar when rated by MarketBeat users. Likewise, 59.18% of users gave Canadian Solar an outperform vote while only 56.49% of users gave JinkoSolar an outperform vote.
JinkoSolar has higher revenue and earnings than Canadian Solar. JinkoSolar is trading at a lower price-to-earnings ratio than Canadian Solar, indicating that it is currently the more affordable of the two stocks.
JinkoSolar currently has a consensus target price of $27.20, indicating a potential upside of 7.98%. Canadian Solar has a consensus target price of $31.78, indicating a potential upside of 60.82%. Given JinkoSolar's stronger consensus rating and higher possible upside, analysts plainly believe Canadian Solar is more favorable than JinkoSolar.
35.8% of JinkoSolar shares are held by institutional investors. Comparatively, 52.4% of Canadian Solar shares are held by institutional investors. 19.8% of JinkoSolar shares are held by insiders. Comparatively, 21.5% of Canadian Solar shares are held by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company is poised for long-term growth.
JinkoSolar has a beta of 0.38, suggesting that its stock price is 62% less volatile than the S&P 500. Comparatively, Canadian Solar has a beta of 1.26, suggesting that its stock price is 26% more volatile than the S&P 500.
Canadian Solar has a net margin of 3.60% compared to Canadian Solar's net margin of 2.89%. Canadian Solar's return on equity of 11.85% beat JinkoSolar's return on equity.
Summary
Canadian Solar beats JinkoSolar on 11 of the 18 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding CSIQ and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
Skip ChartThis chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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