During the last session, JinkoSolar Holding Co. Ltd ADR (NYSE:JKS)’s traded shares were 0.83 million, with the beta value of the company hitting 0.10. At the end of the trading day, the stock’s price was $19.59, reflecting an intraday loss of -2.54% or -$0.51. The 52-week high for the JKS share is $37.36, that puts it down -90.71 from that peak though still a striking 14.75% gain since the share price plummeted to a 52-week low of $16.70. The company’s market capitalization is $1.01B, and the average intraday trading volume over the past 10 days was 1.11 million shares, and the average trade volume was 775.01K shares over the past three months.
JinkoSolar Holding Co. Ltd ADR (JKS) received a consensus recommendation of Hold from analysts. That translates to a mean rating of 3.57. JKS has a Sell rating from 2 analyst(s) out of 4 analysts who have looked at this stock. 2 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 0 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be -1.31.
JinkoSolar Holding Co. Ltd ADR (NYSE:JKS) trade information
JinkoSolar Holding Co. Ltd ADR (JKS) registered a -2.54% downside in the last session and has traded in the red over the past 5 sessions. The stock plummet -2.54% in intraday trading to $19.59, hitting a weekly high. The stock’s 5-day price performance is -13.20%, and it has moved by -17.24% in 30 days. Based on these gigs, the overall price performance for the year is -12.97%. The short interest in JinkoSolar Holding Co. Ltd ADR (NYSE:JKS) is 4.44 million shares and it means that shorts have 6.5 day(s) to cover.
The consensus price target of analysts on Wall Street is $20, which implies an increase of 2.05% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $20 and $20 respectively. As a result, JKS is trading at a discount of -2.09% off the target high and -2.09% off the low.
JinkoSolar Holding Co. Ltd ADR (JKS) estimates and forecasts
In the rating firms’ projections, revenue will decrease -10.28% compared to the previous financial year.
As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 1.89B as predicted by 3 analyst(s). Meanwhile, a consensus of 3 analyst(s) estimates revenue growth to 2.42B by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 3.19B and 3.31B respectively. In this case, analysts expect current quarter sales to shrink by -40.92% and then drop by -26.98% in the coming quarter.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings shrunk an estimated -45.09%. While earnings are projected to return -234.40% in 2025, the next five years will return 58.84% per annum.
JKS Dividends
JinkoSolar Holding Co. Ltd ADR is due to release its next quarterly earnings on 2025-Mar-25. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance. Investors should also take the other fundamental and operational aspects into account before investing in the stock. The forward dividend ratio for JinkoSolar Holding Co. Ltd ADR is 1.50, with the dividend yield indicating at 7.66 percent, continuing the trend of increasing dividends in recent years.
JinkoSolar Holding Co. Ltd ADR (NYSE:JKS)’s Major holders
JinkoSolar Holding Co. Ltd ADR insiders own 33.87% of total outstanding shares while institutional holders control 24.54%, with the float percentage being 37.10%. VANGUARD GROUP INC is the largest shareholder of the company, while 180.0 institutions own stock in it. As of 2024-06-30, the company held over 1.6 million shares (or 2.9646% of all shares), a total value of $33.17 million in shares.
The next largest institutional holding, with 1.47 million shares, is of INVESCO LTD.’s that is approximately 2.7272% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $30.51 million.
Also, the Mutual Funds coming in first place with the largest holdings of JinkoSolar Holding Co. Ltd ADR (JKS) shares are Invesco Exchange-Traded Fund Trust II-Invesco Solar ETF and VANGUARD STAR FUNDS-Vanguard Total International Stock Index Fund . Data provided on Feb 28, 2025 indicates that Invesco Exchange-Traded Fund Trust II-Invesco Solar ETF owns about 855.64 shares. This amounts to just over 1.61 percent of the company’s overall shares, with a $16.76 million market value. The same data shows that the other fund manager holds slightly less at 582.6, or about 1.10% of the stock, which is worth about $11.41 million.
