JinkoSolar Stock Price, Forecast & Analysis (NYSE:JKS)

JinkoSolar trades on the New York Stock Exchange (NYSE) under the ticker symbol "JKS."

JinkoSolar Holding Co., Ltd. (NYSE:JKS) posted its earnings results on Friday, August, 30th. The semiconductor company reported $0.18 EPS for the quarter, missing the Zacks' consensus estimate of $0.28 by $0.10. The semiconductor company had revenue of $1.01 billion for the quarter, compared to analysts' expectations of $931.74 million. JinkoSolar had a net margin of 1.72% and a return on equity of 5.36%. The company's revenue was up 9.9% on a year-over-year basis. During the same period in the previous year, the company earned $0.41 EPS. View JinkoSolar's Earnings History.

JinkoSolar is scheduled to release their next quarterly earnings announcement on Tuesday, November 19th 2019. View Earnings Estimates for JinkoSolar.

JinkoSolar will be holding an earnings conference call on Tuesday, November 19th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

JinkoSolar updated its third quarter 2019 earnings guidance on Friday, August, 30th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $980M - 1.07 billion, compared to the consensus revenue estimate of $1.1 billion.

5 brokerages have issued twelve-month price targets for JinkoSolar's stock. Their forecasts range from $1.00 to $25.00. On average, they expect JinkoSolar's stock price to reach $17.80 in the next twelve months. This suggests a possible upside of 20.2% from the stock's current price. View Analyst Price Targets for JinkoSolar.

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

News coverage about JKS stock has been trending very negative on Wednesday, according to InfoTrie Sentiment Analysis. The research firm identifies negative and positive press coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. JinkoSolar earned a media sentiment score of -3.2 on InfoTrie's scale. They also assigned media headlines about the semiconductor company a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an effect on the company's share price in the near term. View News Stories for JinkoSolar.

JinkoSolar saw a increase in short interest in the month of October. As of October 31st, there was short interest totalling 8,550,000 shares, an increase of 14.5% from the September 30th total of 7,470,000 shares. Based on an average daily trading volume, of 802,500 shares, the days-to-cover ratio is presently 10.7 days. Currently, 19.5% of the shares of the company are short sold. View JinkoSolar's Current Options Chain.

Some companies that are related to JinkoSolar include Finisar (FNSR), Lattice Semiconductor (LSCC), AU Optronics (AUOTY), AU Optronics (AUO), Diodes (DIOD), Enphase Energy (ENPH), Tower Semiconductor (TSEM), Synaptics (SYNA), Ambarella (AMBA), OSI Systems (OSIS), FormFactor (FORM), Kulicke and Soffa Industries (KLIC), Silicon Motion Technology (SIMO), Rambus (RMBS) and MACOM Technology Solutions (MTSI).

Based on aggregate information from My MarketBeat watchlists, some companies that other JinkoSolar investors own include Canadian Solar (csiq), Rockwell Medical (RMTI), NVIDIA (NVDA), Flowers Foods (FLO), Teekay Lng Partners (TGP), Alibaba Group (BABA), Micron Technology (MU), Tesla (TSLA), Input Capital (INP) and Circle Oil (COP).

JinkoSolar's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Commerzbank Aktiengesellschaft FI (1.62%), Discovery Value Fund (1.44%), Handelsbanken Fonder AB (0.39%), Hussman Strategic Advisors Inc. (0.34%), California Public Employees Retirement System (0.16%) and Arlington Capital Management Inc. (0.09%).

JKS stock was sold by a variety of institutional investors in the last quarter, including Discovery Value Fund and SG Americas Securities LLC.

JKS stock was bought by a variety of institutional investors in the last quarter, including Commerzbank Aktiengesellschaft FI, Hussman Strategic Advisors Inc., Arlington Capital Management Inc., Handelsbanken Fonder AB, California Public Employees Retirement System, Mackay Shields LLC, Janney Montgomery Scott LLC and Tower Research Capital LLC TRC .

Shares of JKS 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, Robinhood, Fidelity and Charles Schwab.

One share of JKS stock can currently be purchased for approximately $14.81.

JinkoSolar has a market capitalization of $651.83 million and generates $3.64 billion in revenue each year. The semiconductor company earns $59.12 million in net income (profit) each year or $1.52 on an earnings per share basis. JinkoSolar employs 12,565 workers across the globe.View Additional Information About JinkoSolar.

The official website for JinkoSolar is http://www.jinkosolar.com/.

JinkoSolar's mailing address is 1 JINGKE ROAD SHANGRAO ECONOMIC DEVELOPMENT ZONE, SHANGRAO F4, 334100. The semiconductor company can be reached via phone at 86-79-3846-9699 or via email at [email protected]