NYSE:JKS

JinkoSolar Stock Forecast, Price & News

$57.99

-4.43 (-7.10 %)

(As of 01/15/2021 12:00 AM ET)

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Today's Range

$57.67

Now: $57.99▼

$62.16

50-Day Range

$53.00

MA: $65.10▼

$79.96

52-Week Range

$11.42

Now: $57.99▼

$90.20

Volume3.39 million shs

Average Volume4.00 million shs

Market Capitalization$2.55 billion

P/E Ratio42.64

Dividend YieldN/A

Beta1.09

JinkoSolar Holding Co., Ltd., together with its subsidiaries, engages in the design, development, production, and marketing of photovoltaic products. The company offers solar modules, silicon wafers, solar cells, recovered silicon materials, and silicon ingots. It also provides solar system integration services; and develops commercial solar power projects. The company sells its products to distributors, project developers, and system integrators; and utility, commercial, and residential customers under the JinkoSolar brand, as well as on an original equipment manufacturer basis. As of December 31, 2019, it had an integrated annual capacity of 15.0 gigawatt (GW) for silicon wafers, including 11.5 GW for mono wafers; 10.6 GW for solar cells; and 16.0 GW for solar modules. The company has operations in the People's Republic of China, the United States, Japan, Germany, the United Kingdom, Chile, South Africa, India, Mexico, Brazil, the United Arab Emirates, Italy, Spain, France, Belgium, and internationally. JinkoSolar Holding Co., Ltd. was founded in 2006 and is based in Shangrao, the People's Republic of China.

MarketRank^™

Overall MarketRank^™

0.93 out of 5 stars

Oils/Energy Sector

282nd out of 539 stocks

Semiconductors & Related Devices Industry

95th out of 133 stocks

1.0 Analyst's Opinion

Consensus Rating
JinkoSolar has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on 3 buy ratings, 1 hold rating, and 3 sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $34.22, JinkoSolar has a forecasted downside of 41.0% from its current price of $57.99.
Amount of Analyst Coverage
JinkoSolar has only been the subject of 4 research reports in the past 90 days.

2.2 Community Rank

Outperform Votes
JinkoSolar has received 263 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
JinkoSolar has received 344 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
JinkoSolar has received 56.67% “underperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about JinkoSolar and other stocks. Vote “Outperform” if you believe JKS will outperform the S&P 500 over the long term. Vote “Underperform” if you believe JKS will underperform the S&P 500 over the long term. You may vote once every thirty days.

0.0 Dividend Strength

Dividend Yield
JinkoSolar does not currently pay a dividend.
Dividend Growth
JinkoSolar does not have a long track record of dividend growth.

0.8 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, JinkoSolar insiders have not sold or bought any company stock.
Percentage Held by Institutions
57.91% of the stock of JinkoSolar is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.6 Earnings and Valuation

Earnings Growth
Earnings for JinkoSolar are expected to grow by 6.65% in the coming year, from $3.31 to $3.53 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of JinkoSolar is 42.64, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 24.23.
Price to Earnings Ratio vs. Sector
The P/E ratio of JinkoSolar is 42.64, which means that it is trading at a more expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 19.35.
Price to Book Value per Share Ratio
JinkoSolar has a P/B Ratio of 1.43. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

Industry, Sector and Symbol

Stock Exchange NYSE

Industry Semiconductors & related devices

Sub-IndustryN/A

SectorOils/Energy

Current SymbolNYSE:JKS

Previous Symbol

CUSIPN/A

CIK1481513

Webwww.jinkosolar.com

Phone86-79-3846-9699

Employees15,195

Debt

Debt-to-Equity Ratio0.43

Current Ratio1.04

Quick Ratio0.79

Price-To-Earnings

Trailing P/E Ratio42.64

Forward P/E Ratio17.52

P/E GrowthN/A

Sales & Book Value

Annual Sales$4.27 billion

Price / Sales0.60

Cash Flow$5.74 per share

Price / Cash Flow10.10

Book Value$40.60 per share

Price / Book1.43

Profitability

EPS (Most Recent Fiscal Year)$2.79

Net Income$129.09 million

Net Margins2.75%

Return on Equity7.53%

Return on Assets1.99%

Miscellaneous

Outstanding Shares44,010,000

Market Cap$2.55 billion

Next Earnings Date3/12/2021 (Estimated)

OptionableOptionable

$57.99

-4.43 (-7.10 %)

(As of 01/15/2021 12:00 AM ET)

30 days | 90 days | 365 days | Advanced Chart

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JinkoSolar (NYSE:JKS) Frequently Asked Questions

How has JinkoSolar's stock been impacted by Coronavirus?

JinkoSolar's stock was trading at $19.00 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, JKS stock has increased by 205.2% and is now trading at $57.99.
View which stocks have been most impacted by COVID-19.

Is JinkoSolar a buy right now?

7 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for JinkoSolar in the last twelve months. There are currently 3 sell ratings, 1 hold rating and 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" JinkoSolar stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in JKS, but not buy additional shares or sell existing shares.
View analyst ratings for JinkoSolar or view MarketBeat's top 5 stock picks.

What stocks does MarketBeat like better than JinkoSolar?

Wall Street analysts have given JinkoSolar a "Hold" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but JinkoSolar wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is JinkoSolar's next earnings date?

JinkoSolar is scheduled to release its next quarterly earnings announcement on Friday, March 12th 2021.
View our earnings forecast for JinkoSolar.

How were JinkoSolar's earnings last quarter?

JinkoSolar Holding Co., Ltd. (NYSE:JKS) posted its earnings results on Sunday, December, 6th. The semiconductor company reported $1.06 EPS for the quarter, beating the consensus estimate of $0.85 by $0.21. The semiconductor company earned $1.29 billion during the quarter, compared to analysts' expectations of $1.29 billion. JinkoSolar had a return on equity of 7.53% and a net margin of 2.75%. The company's revenue for the quarter was up 23.4% on a year-over-year basis. During the same period last year, the company posted $0.86 earnings per share.
View JinkoSolar's earnings history.

What guidance has JinkoSolar issued on next quarter's earnings?

JinkoSolar updated its fourth quarter 2020 Pre-Market earnings guidance on Monday, December, 7th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $1.31-1.43 billion, compared to the consensus revenue estimate of $1.52 billion.

What price target have analysts set for JKS?

7 Wall Street analysts have issued 12 month price objectives for JinkoSolar's shares. Their forecasts range from $6.88 to $59.00. On average, they anticipate JinkoSolar's stock price to reach $34.22 in the next twelve months. This suggests that the stock has a possible downside of 41.0%.
View analysts' price targets for JinkoSolar or view Wall Street analyst' top-rated stocks.

Who are some of JinkoSolar's key competitors?

Some companies that are related to JinkoSolar include First Solar (FSLR), Inphi (IPHI), Sumco (SUOPY), Allegro MicroSystems (ALGM), Silicon Laboratories (SLAB), Lattice Semiconductor (LSCC), Cirrus Logic (CRUS), Power Integrations (POWI), SunPower (SPWR), Daqo New Energy (DQ), BE Semiconductor Industries (BESIY), AU Optronics (AUOTY), AU Optronics (AUO), Semtech (SMTC) and Acacia Communications (ACIA).
View all of JKS's competitors.

What other stocks do shareholders of JinkoSolar own?

Based on aggregate information from My MarketBeat watchlists, some companies that other JinkoSolar investors own include NVIDIA (NVDA), Tesla (TSLA), Alibaba Group (BABA), Canadian Solar (CSIQ), Micron Technology (MU), Netflix (NFLX), First Solar (FSLR), Gilead Sciences (GILD), Intel (INTC) and Advanced Micro Devices (AMD).

Who are JinkoSolar's key executives?

JinkoSolar's management team includes the following people:

Mr. Xiande Li, Co-Founder, CEO & Chairman (Age 44)
Mr. Kangping Chen, Co-Founder & Director (Age 47)
Mr. Xianhua Li, Co-Founder & Director (Age 46)
Mr. Haiyun Cao, CFO & Director (Age 43)
Mr. Sebastian Liu, Director of IR
Ms. Ripple Zhang, IR Mang.

What is JinkoSolar's stock symbol?

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

Who are JinkoSolar's major shareholders?

JinkoSolar's stock is owned by a variety of retail and institutional investors. Top institutional investors include Sowell Financial Services LLC (0.00%) and Hexavest Inc. (0.00%).

Which major investors are selling JinkoSolar stock?

JKS stock was sold by a variety of institutional investors in the last quarter, including Hexavest Inc..

Which major investors are buying JinkoSolar stock?

JKS stock was purchased by a variety of institutional investors in the last quarter, including Sowell Financial Services LLC.

How do I buy shares of JinkoSolar?

Shares of JKS can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is JinkoSolar's stock price today?

One share of JKS stock can currently be purchased for approximately $57.99.

How big of a company is JinkoSolar?

JinkoSolar has a market capitalization of $2.55 billion and generates $4.27 billion in revenue each year. The semiconductor company earns $129.09 million in net income (profit) each year or $2.79 on an earnings per share basis. JinkoSolar employs 15,195 workers across the globe.

What is JinkoSolar's official website?

The official website for JinkoSolar is www.jinkosolar.com.

How can I contact JinkoSolar?

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]

This page was last updated on 1/17/2021 by MarketBeat.com Staff

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