JA Solar Holdings Co., Ltd. Receives Average Rating of “Hold” from Brokerages (NASDAQ:JASO)
JA Solar Holdings Co., Ltd. (NASDAQ:JASO) has earned an average rating of “Hold” from the ten ratings firms that are currently covering the company, Analyst Ratings Network.com reports. One investment analyst has rated the stock with a sell rating, three have given a hold rating and five have issued a buy rating on the company. The average 1-year target price among analysts that have issued ratings on the stock in the last year is $15.67.
JA Solar Holdings Co., Ltd. (NASDAQ:JASO) traded up 0.55% on Tuesday, hitting $9.301. The stock had a trading volume of 137,652 shares. JA Solar Holdings Co., Ltd. has a 52-week low of $7.11 and a 52-week high of $13.14. The stock has a 50-day moving average of $9.28 and a 200-day moving average of $10.01. The company’s market cap is $450.6 million.
JA Solar Holdings Co., Ltd. (NASDAQ:JASO) last posted its quarterly earnings results on Wednesday, August 20th. The company reported $0.14 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.21 by $0.07. The company had revenue of $390.50 million for the quarter, compared to the consensus estimate of $393.98 million. During the same quarter last year, the company posted ($0.58) earnings per share. JA Solar Holdings Co., Ltd.’s revenue was up 52.9% compared to the same quarter last year. On average, analysts predict that JA Solar Holdings Co., Ltd. will post $0.94 earnings per share for the current fiscal year.
JASO has been the subject of a number of recent research reports. Analysts at Northland Securities raised their price target on shares of JA Solar Holdings Co., Ltd. from $19.00 to $20.00 in a research note on Wednesday, August 20th. They now have an “outperform” rating on the stock. Separately, analysts at Axiom Securities downgraded shares of JA Solar Holdings Co., Ltd. from a “buy” rating to a “hold” rating in a research note on Tuesday, July 29th. Finally, analysts at Credit Suisse initiated coverage on shares of JA Solar Holdings Co., Ltd. in a research note on Monday, June 23rd. They set a “neutral” rating on the stock.
JA Solar Holdings Co, Ltd. (NASDAQ:JASO) is engaged in the business of designing, developing, manufacturing and selling solar cell and solar module products.
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