In the last trading session, 1.27 million shares of the JinkoSolar Holding Co. Ltd ADR (NYSE:JKS) were traded, and its beta was 0.07. Most recently the company’s share price was $20.70, and it changed around -$0.37 or -1.76% from the last close, which brings the market valuation of the company to $1.07B. JKS currently trades at a discount to its 52-week high of $37.36, offering almost -80.48% off that amount. The share price’s 52-week low was $16.70, which indicates that the current value has risen by an impressive 19.32% since then. We note from JinkoSolar Holding Co. Ltd ADR’s average daily trading volume that its 10-day average is 0.93 million shares, with the 3-month average coming to 738.14K.
JinkoSolar Holding Co. Ltd ADR stock received a consensus recommendation rating of Hold, based on a mean score of 3.67. If we narrow it down even further, the data shows that 1 out of 7 analysts rate the stock as a Sell; another 0 rate it as Overweight. Among the rest, 3 recommended JKS as a Hold, whereas 2 deemed it a Buy, and 1 rated it as Underweight. JinkoSolar Holding Co. Ltd ADR is expected to report earnings per share of 0 for the current quarter.
JinkoSolar Holding Co. Ltd ADR (NYSE:JKS) trade information
Instantly JKS has showed a red trend with a performance of -1.76% at the end of last trading. The performance over the last five days has remained in the red territory. The rise to weekly highs of 24.45 on recent trading dayincreased the stock’s daily price by 15.34%. The company’s shares are currently down -16.87% year-to-date, but still down -10.97% over the last five days. On the other hand, JinkoSolar Holding Co. Ltd ADR (NYSE:JKS) is -6.33% down in the 30-day period. We can see from the shorts that 4.44 million shares have been sold at a short interest cover period of 6.5 day(s).
The consensus price target as assigned by Wall Street analysts is $20, which translates to bulls needing to decrease their stock price by -3.5% from its current value. Analyst projections state that JKS is forecast to be at a low of $20 and a high of $20.
JinkoSolar Holding Co. Ltd ADR (JKS) estimates and forecasts
The year-over-year growth rate is expected to be -20.44%, down from the previous year.
Consensus estimates provided by 2 financial analysts predict the company will bring in an average of 3.4B in revenue for the current quarter. 2 analysts expect JinkoSolar Holding Co. Ltd ADR to make 3.05B in revenue for the current ending quarter. The company’s sales for the same quarters a year ago were 4.62B and 3.19B respectively. Analysts predict that the company’s current quarter sales will drop, forecast at -26.47%. Forecasts for the next quarter put sales growth at -4.40%.
Looking at the company’s year-over-year earnings, the past five years showed a positive earnings growth rate of 42.45%. JinkoSolar Holding Co. Ltd ADR earnings are expected to increase by -90.50% in 2025, but the outlook is negative -12.66% per year for the next five years.
JKS Dividends
JinkoSolar Holding Co. Ltd ADR’s next quarterly earnings report is expected to be released on 2025-Mar-25.
JinkoSolar Holding Co. Ltd ADR (NYSE:JKS)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 33.87% of JinkoSolar Holding Co. Ltd ADR shares, and 24.54% of them are in the hands of institutional investors. The stock currently has a share float of 37.10%. JinkoSolar Holding Co. Ltd ADR stock is held by 180.0 institutions, with VANGUARD GROUP INC being the largest institutional investor. By 2024-06-30, it held 2.9646% of the shares, which is about 1.6 million shares worth $33.17 million.
INVESCO LTD., with 2.7272% or 1.47 million shares worth $30.51 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
Invesco Solar ETF and Vanguard Total International Stock Index Fund were the top two Mutual Funds as of Feb 28, 2025 . The former held 855.64 shares worth $17.71 million, making up 1.61% of all outstanding shares. On the other hand, Vanguard Total International Stock Index Fund held roughly 582.6 shares worth around $12.06 million, which represents about 1.10% of the total shares outstanding.
