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 quarterly earnings data on Friday, August, 30th. The semiconductor company reported $0.18 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.28 by $0.10. The semiconductor company had revenue of $1.01 billion for the quarter, compared to analyst estimates of $931.74 million. JinkoSolar had a return on equity of 5.36% and a net margin of 1.72%. The firm's quarterly revenue was up 9.9% compared to the same quarter last year. During the same period in the prior year, the company posted $0.41 EPS. View JinkoSolar's Earnings History.

JinkoSolar updated its third quarter 2019 earnings guidance on Friday, August, 30th. The company provided 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 12 month price targets for JinkoSolar's stock. Their forecasts range from $1.00 to $25.00. On average, they expect JinkoSolar's share price to reach $17.80 in the next twelve months. This suggests a possible upside of 8.3% 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.

Headlines about JKS stock have trended somewhat negative recently, according to InfoTrie Sentiment Analysis. The research firm identifies negative and positive media 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 news sentiment score of -1.6 on InfoTrie's scale. They also assigned headlines about the semiconductor company a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an effect on the stock's share price in the next few days. View News Stories for JinkoSolar.

JinkoSolar saw a increase in short interest in October. As of October 31st, there was short interest totalling 9,740,000 shares, an increase of 13.9% from the September 30th total of 8,550,000 shares. Based on an average trading volume of 805,800 shares, the days-to-cover ratio is currently 12.1 days. Currently, 22.2% of the shares of the company are short sold. View JinkoSolar's Current Options Chain.

Some companies that are related to JinkoSolar include Acacia Communications (ACIA), Power Integrations (POWI), Finisar (FNSR), Lattice Semiconductor (LSCC), AU Optronics (AUOTY), AU Optronics (AUO), Enphase Energy (ENPH), Diodes (DIOD), Tower Semiconductor (TSEM), Synaptics (SYNA), Ambarella (AMBA), OSI Systems (OSIS), FormFactor (FORM), MACOM Technology Solutions (MTSI) and Rambus (RMBS).

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

JinkoSolar's stock is owned by a variety of of retail and institutional 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 acquired 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 $16.44.

JinkoSolar has a market capitalization of $723.57 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]