NYSE:JKSJinkoSolar Stock Price, Forecast & News

JinkoSolar's stock was trading at $19.00 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, JKS shares have decreased by 21.7% and is now trading at $14.88. View which stocks have been mosted impacted by Coronavirus.

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for JinkoSolar in the last year. There are currently 2 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for JinkoSolar.

JinkoSolar is scheduled to release its next quarterly earnings announcement on Friday, June 26th 2020. View our earnings forecast for JinkoSolar.

JinkoSolar Holding Co., Ltd. (NYSE:JKS) released its quarterly earnings data on Friday, March, 13th. The semiconductor company reported $1.40 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $1.45 by $0.05. The semiconductor company had revenue of $1.37 billion for the quarter, compared to the consensus estimate of $1.34 billion. JinkoSolar had a net margin of 2.99% and a return on equity of 8.49%. The business's quarterly revenue was up 22.2% compared to the same quarter last year. During the same period last year, the firm posted $0.40 earnings per share. View JinkoSolar's earnings history.

JinkoSolar issued an update on its first quarter 2020 Pre-Market earnings guidance on Friday, March, 13th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $1-1.08 billion, compared to the consensus revenue estimate of $1.23 billion.

4 Wall Street analysts have issued twelve-month price objectives for JinkoSolar's stock. Their forecasts range from $21.00 to $25.00. On average, they anticipate JinkoSolar's stock price to reach $23.33 in the next twelve months. This suggests a possible upside of 56.8% from the stock's current price. View analysts' price targets for JinkoSolar.

Press coverage about JKS stock has been trending very negative on Monday, InfoTrie reports. The research group identifies negative and positive media coverage by analyzing 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 nearest to five being the most favorable. JinkoSolar earned a coverage optimism score of -3.3 on InfoTrie's scale. They also gave news coverage about the semiconductor company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the company's share price in the near term. View the latest news aboutJinkoSolar.

JinkoSolar saw a increase in short interest in March. As of March 13th, there was short interest totaling 11,667,600 shares, an increase of 12.3% from the February 27th total of 10,390,000 shares. Based on an average daily volume of 1,300,000 shares, the days-to-cover ratio is currently 9.0 days. Currently, 38.3% of the shares of the stock are sold short. View JinkoSolar's Current Options Chain.

Some companies that are related to JinkoSolar include Power Integrations (POWI), Semtech (SMTC), Viavi Solutions (VIAV), Lattice Semiconductor (LSCC), BE Semiconductor Industrs (BESIY), AU Optronics (AUOTY), Diodes (DIOD), Dialog Semiconductor (DLGNF), AU Optronics (AUO), Synaptics (SYNA), Amkor Technology (AMKR), Tower Semiconductor (TSEM), Ambarella (AMBA), Silicon Motion Technology (SIMO) and Kulicke and Soffa Industries (KLIC).

Based on aggregate information from My MarketBeat watchlists, some companies that other JinkoSolar investors own include Canadian Solar (CSIQ), Alibaba Group (BABA), NVIDIA (NVDA), Rockwell Medical (RMTI), Teekay Lng Partners (TGP), Flowers Foods (FLO), Micron Technology (MU), Tesla (TSLA), Advanced Micro Devices (AMD) and First Solar (FSLR).

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

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 $14.88.

JinkoSolar has a market capitalization of $654.87 million 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 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]