What Is The Performance Outlook For JinkoSolar Holding Co. Ltd ADR (NYSE: JKS) In The Coming Months?

In the latest trading session,, 0.65 million JinkoSolar Holding Co. Ltd ADR (NYSE:JKS) shares changed hands as the company’s beta touched 0.41. With the company’s most recent per share price at $29.32 changing hands around $0.89 or 3.13% at last look, the market valuation stands at $1.51B. JKS’s current price is a discount, trading about -63.2% off its 52-week high of $47.85. The share price had its 52-week low at $21.06, which suggests the last value was 28.17% up since then. When we look at JinkoSolar Holding Co. Ltd ADR’s average trading volume, we note the 3-month average coming to 905.29K.

JinkoSolar Holding Co. Ltd ADR (NYSE:JKS) trade information

Instantly JKS is in green as seen in intraday trades today. With action 20.16%, the performance over the past five days has been green. The jump to weekly highs of 30.39 added 3.13% to the stock’s daily price. The company’s shares are showing year-to-date downside of -20.63%, with the 5-day performance at 20.16% in the green. However, in the 30-day time frame, JinkoSolar Holding Co. Ltd ADR (NYSE:JKS) is 18.46% up.

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JinkoSolar Holding Co. Ltd ADR (JKS) estimates and forecasts

Data shows that the JinkoSolar Holding Co. Ltd ADR share is performing relatively much not better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot -9.09% over the past 6 months, a -80.18% in annual growth rate that is considerably lower than the industry average of -9.70%. Year-over-year growth is forecast to reach -1.30% down from the last financial year.

Consensus estimates given by 3 financial analysts project the company’s revenue in the current quarter to hit an average of 3.91B. 3 analysts are of the opinion that JinkoSolar Holding Co. Ltd ADR’s revenue for the current quarter will be 4.69B. The company’s revenue for the corresponding quarters a year ago was 3.99B. According to analysts, the company will likely register a growth in its current quarter sales, forecast at -1.90%.

Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 42.45%. The 2024 estimates are for JinkoSolar Holding Co. Ltd ADR earnings to decrease by -69.52%, but the outlook for the next 5-year period is at 36.71% per year.

JKS Dividends

JinkoSolar Holding Co. Ltd ADR is expected to release its next quarterly earnings report in June. The 5.12% annual yield figure for the share gives it an annual dividend of 1.50. It is important to note, however, that the 5.12% dividend yield ratio should serve as a guide only, as you should also take into consideration many other aspects of a company’s operations and fundamentals before making any investment decision.