With 0.73 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 $13.42 during that stretch. It currently has a 1-year price target of $24.65. Beta for the stock currently stands at 0.14.
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 4.25%, but this was up by 28.93% over a month. Three-month performance dropped to -12.66% while six-month performance fell -33.08%. The stock lost -27.54% in the past year, while it has lost -25.18% so far this year. A look at the trailing 12-month EPS for JKS yields -5.03 with Next year EPS estimates of 1.67. For the next quarter, that number is -1.79. This implies an EPS growth rate of -454.24% for this year and 131.36% for next year. EPS is expected to grow by 43.78% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -45.68%.
Float and Shares Shorts:
At present, 50.12 million JKS shares are outstanding with a float of 49.89 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 $8.95274 being high and $6.12147 being low. For JKS, this leads to a yearly average estimate of $7.75892.
