Top investors say JinkoSolar Holding Co. Ltd ADR (JKS) ticks everything they need

With 0.75 million shares changed hands, the volume of the stock remained lighter than its average volume of 0.94 million shares. The 52-week range on JKS shows that it touched its highest point at $58.96 and its lowest point at $23.12 during that stretch. It currently has a 1-year price target of $33.31. Beta for the stock currently stands at 0.35.

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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 3.25%, but this was up by 0.33% over a month. Three-month performance dropped to -13.69% while six-month performance fell -19.60%. The stock lost -48.98% in the past year, while it has lost -26.80% so far this year. A look at the trailing 12-month EPS for JKS yields 9.61 with Next year EPS estimates of 4.55. For the next quarter, that number is 2.45. This implies an EPS growth rate of 496.69% for this year and -59.61% for next year. EPS is expected to grow by 36.71% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 23.38%.

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. On Feb 15, 2024, short shares totaled 2.24 million, which was 4.39% higher than short shares on Jan 12, 2024. In addition to Mr. Xiande Li as the firm’s Co-Founder, CEO & Chairman of the Board, Mr. Xianhua Li serves as its Co-Founder & Director.

Institutional Ownership:

Through their ownership of 41.62% of JKS’s outstanding shares, institutional investors have minority control over the company.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for JKS since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential. With JKS analysts setting a high price target of $365.90 and a low target of $83.96, the average target price over the next 12 months is $236.88. Based on these targets, JKS could surge 1253.18% to reach the target high and rise by 210.5% to reach the target low. Reaching the average price target will result in a growth of 776.04% from current levels.