JinkoSolar Holding Company Limited (NYSE:JKS) Given Daily Media Impact Score of 0.12
News coverage about JinkoSolar Holding Company Limited (NYSE:JKS) has been trending somewhat positive on Sunday, Accern Sentiment reports. The research firm identifies positive and negative press coverage by reviewing more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. JinkoSolar Holding Company Limited earned a news sentiment score of 0.12 on Accern’s scale. Accern also assigned press coverage about the semiconductor company an impact score of 45.0544045171561 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.
Here are some of the news stories that may have impacted Accern Sentiment’s rankings:
- Head to Head Comparison: First Solar (FSLR) and JinkoSolar Holding Company Limited (NYSE:JKS) (americanbankingnews.com)
- JinkoSolar Supplies 35.46 MW to Gransolar for PV Project in Mexico (finance.yahoo.com)
- JinkoSolar Holding Company Limi (NYSE:JKS) Stock Traded Well Above Its 50 Day Average – First News 24 (firstnewspaper24.com)
- JinkoSolar Holding Co Ltd (JKS) Reaches Active Mover List – Sparta Review (spartareview.com)
- JinkoSolar Holding Co., Ltd. (JKS) registers a price change of -1.83% while Verint Systems Inc. (VRNT) – Stocks Gallery (stocksgallery.com)
Shares of JinkoSolar Holding Company Limited (NYSE JKS) opened at 27.49 on Friday. The firm’s 50-day moving average price is $24.50 and its 200 day moving average price is $18.79. The stock has a market cap of $879.60 million, a P/E ratio of 3.76 and a beta of 2.04. JinkoSolar Holding Company Limited has a one year low of $12.72 and a one year high of $29.36.
JinkoSolar Holding Company Limited (NYSE:JKS) last announced its quarterly earnings data on Monday, June 5th. The semiconductor company reported $0.28 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.48 by $0.20. The firm had revenue of $839.30 million during the quarter, compared to the consensus estimate of $780.08 million. JinkoSolar Holding Company Limited had a net margin of 6.92% and a return on equity of 12.53%. The firm’s quarterly revenue was down 1.0% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.72 earnings per share. Equities research analysts expect that JinkoSolar Holding Company Limited will post $1.52 EPS for the current fiscal year.
Several brokerages have weighed in on JKS. Zacks Investment Research upgraded JinkoSolar Holding Company Limited from a “strong sell” rating to a “hold” rating in a report on Tuesday, August 8th. Morgan Stanley downgraded JinkoSolar Holding Company Limited from an “overweight” rating to an “underweight” rating and cut their price target for the stock from $19.40 to $16.00 in a report on Friday, May 26th. Axiom Securities restated a “buy” rating on shares of JinkoSolar Holding Company Limited in a report on Saturday, July 22nd. Credit Suisse Group set a $20.00 price target on JinkoSolar Holding Company Limited and gave the stock a “buy” rating in a report on Tuesday, June 6th. Finally, Citigroup Inc. downgraded JinkoSolar Holding Company Limited from a “neutral” rating to a “sell” rating and cut their price target for the stock from $15.55 to $15.00 in a report on Friday, May 26th. Two investment analysts have rated the stock with a sell rating, two have given a hold rating and three have given a buy rating to the stock. JinkoSolar Holding Company Limited currently has a consensus rating of “Hold” and an average price target of $21.00.
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JinkoSolar Holding Company Limited Company Profile
JinkoSolar Holding Co, Ltd. operates in the photovoltaic (PV) industry. The Company has built a vertically integrated solar power product value chain, from recovering silicon materials to manufacturing solar modules and solar power generation. The Company’s segments include the manufacturing segment and the solar power projects segment.
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