With 0.62 million shares changed hands, the volume of the stock remained lighter than its average volume of 0.92 million shares. The 52-week range on JKS shows that it touched its highest point at $37.36 and its lowest point at $16.70 during that stretch. It currently has a 1-year price target of $27.19. Beta for the stock currently stands at 0.39.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of JKS was up-trending over the past week, with a rise of 6.32%, but this was up by 15.18% over a month. Three-month performance surged to 8.88% while six-month performance rose 20.86%. The stock lost -11.14% in the past year, while it has lost -7.39% so far this year. A look at the trailing 12-month EPS for JKS yields 0.59 with Next year EPS estimates of 3.01. For the next quarter, that number is -0.41. This implies an EPS growth rate of -89.27% for this year and 178.15% for next year. EPS is expected to decline by -13.72% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 42.45%.
Float and Shares Shorts:
At present, 51.57 million JKS shares are outstanding with a float of 51.33 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for JKS since 4 analysts follow the stock currently. There are 0 analysts who recommend BUY ratings, while 2 suggest SELL ratings. Of the remaining analysts, 2 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $8.81752 being high and $6.29338 being low. For JKS, this leads to a yearly average estimate of $7.75892. Based on analyst estimates, the high estimate for the next quarter is $0.91 and the low estimate is $0.91. The average estimate for the next quarter is thus $0.91.
