Stock Buzzer: JinkoSolar Holding Co., Ltd. on Focus After Raising In Today’s Session

Stock Buzzer: JinkoSolar Holding Co., Ltd. on Focus After Raising In Today's Session

The stock of JinkoSolar Holding Co., Ltd. (NYSE:JKS) is a huge mover today! About 243,327 shares traded hands. JinkoSolar Holding Co., Ltd. (NYSE:JKS) has declined 41.20% since April 22, 2016 and is downtrending. It has underperformed by 46.61% the S&P500.
The move comes after 7 months positive chart setup for the $460.97 million company. It was reported on Nov, 25 by Barchart.com. We have $14.69 PT which if reached, will make NYSE:JKS worth $13.83M more.

Analysts await JinkoSolar Holding Co., Ltd. (NYSE:JKS) to report earnings on March, 7. They expect $0.67 earnings per share, down 71.37% or $1.67 from last year’s $2.34 per share. JKS’s profit will be $21.66M for 5.33 P/E if the $0.67 EPS becomes a reality. After $1.12 actual earnings per share reported by JinkoSolar Holding Co., Ltd. for the previous quarter, Wall Street now forecasts -40.18% negative EPS growth.

JinkoSolar Holding Co., Ltd. (NYSE:JKS) Ratings Coverage

Out of 5 analysts covering JinkoSolar Holding Co. (NYSE:JKS), 4 rate it a “Buy”, 0 “Sell”, while 1 “Hold”. This means 80% are positive. JinkoSolar Holding Co. has been the topic of 8 analyst reports since August 25, 2015 according to StockzIntelligence Inc. On Tuesday, August 25 the stock rating was maintained by Roth Capital with “Buy”. Northland Capital initiated the shares of JKS in a report on Friday, December 18 with “Outperform” rating. The stock of JinkoSolar Holding Co., Ltd. (NYSE:JKS) earned “Neutral” rating by Roth Capital on Friday, August 5. TH Capital maintained the shares of JKS in a report on Friday, November 20 with “Buy” rating. The rating was maintained by Credit Suisse on Monday, March 21 with “Outperform”. Roth Capital maintained JinkoSolar Holding Co., Ltd. (NYSE:JKS) on Friday, November 20 with “Buy” rating.

According to Zacks Investment Research, “JinkoSolar Holding Co., Ltd. is a solar product manufacturer with operations based in Jiangxi Province and Zhejiang Province in China. JinkoSolar has built a vertically integrated solar product value chain from recovered silicon materials to solar modules. JinkoSolar’s principal products are silicon wafers, solar cells and solar modules which are all along the photovoltaic value chain, with a global network spanning across Europe, North America and Asia.”

More important recent JinkoSolar Holding Co., Ltd. (NYSE:JKS) news were published by: Fool.com which released: “Why Shares of JinkoSolar Holding Co., Ltd. Plunged 14% in September” on October 06, 2016, also Investorplace.com published article titled: “JinkoSolar Holding Co., Ltd. (JKS) Stock Surges on Earnings Beat”, Rttnews.com published: “JinkoSolar Holding Co., Ltd. Bottom Line Rises 21% In Q3” on November 16, 2016. More interesting news about JinkoSolar Holding Co., Ltd. (NYSE:JKS) was released by: Prnewswire.com and their article: “JinkoSolar Completes the Sale of Jinko Power Downstream Business in China” with publication date: November 15, 2016.

JKS Company Profile

JinkoSolar Holding Co., Ltd., incorporated on August 3, 2007, operates in the photovoltaic (PV) industry. The Firm has a vertically integrated solar power product value chain, ranging from recovering silicon materials to manufacturing solar modules and solar power generation. The Company’s divisions are the manufacturing segment and the solar power projects segment. The manufacturing segment comprises its vertically integrated solar power product manufacturing business, under which the Company makes silicon ingots, wafers, cells and solar modules. The solar power projects segment comprises the downstream solar power generation, construction and operation business, including power generation; engineering, procurement and construction (EPC), and connecting solar power projects to the grid, and operation and maintenance (O&M) of the solar power projects. The Firm sells its solar modules under the JinkoSolar brand.

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