JinkoSolar (NYSE:JKS) is set to release its earnings data before the market opens on Friday, March 22nd. Analysts expect JinkoSolar to post earnings of $0.72 per share for the quarter. Persons that are interested in registering for the company’s earnings conference call can do so using this link.
Shares of JKS stock opened at $19.31 on Friday. The company has a debt-to-equity ratio of 0.21, a current ratio of 0.94 and a quick ratio of 0.71. The firm has a market cap of $531.51 million, a P/E ratio of 28.40, a PEG ratio of 0.62 and a beta of 2.37. JinkoSolar has a 12 month low of $7.11 and a 12 month high of $21.80.
A number of brokerages recently commented on JKS. ValuEngine upgraded shares of JinkoSolar from a “sell” rating to a “hold” rating in a research note on Tuesday. Zacks Investment Research upgraded shares of JinkoSolar from a “hold” rating to a “buy” rating and set a $18.00 target price for the company in a research note on Wednesday, February 6th. Roth Capital upgraded shares of JinkoSolar from a “neutral” rating to a “buy” rating and lowered their target price for the stock from $20.00 to $11.50 in a research note on Monday, February 4th. Credit Suisse Group reiterated a “neutral” rating on shares of JinkoSolar in a research note on Tuesday, November 27th. Finally, TheStreet upgraded shares of JinkoSolar from a “d+” rating to a “c” rating in a research note on Thursday, January 17th. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and four have issued a buy rating to the stock. The stock presently has an average rating of “Hold” and an average price target of $12.58.
JinkoSolar Holding Co, Ltd., together with its subsidiaries, engages in the design, development, production, and marketing of photovoltaic products in the People's Republic of China and internationally. The company offers solar modules, silicon wafers, solar cells, recovered silicon materials, and silicon ingots.
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