JinkoSolar Holding Company Limited (JKS) Given News Impact Score of 0.08

Media stories about JinkoSolar Holding Company Limited (NYSE:JKS) have trended somewhat positive recently, Accern Sentiment Analysis reports. Accern scores the sentiment of news coverage by reviewing more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. JinkoSolar Holding Company Limited earned a news impact score of 0.08 on Accern’s scale. Accern also gave media headlines about the semiconductor company an impact score of 44.7124256135696 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.

Here are some of the news headlines that may have impacted Accern’s analysis:

JinkoSolar Holding Company Limited (NYSE:JKS) traded down $0.33 during mid-day trading on Friday, reaching $27.17. The company’s stock had a trading volume of 274,001 shares, compared to its average volume of 785,633. The company has a quick ratio of 0.76, a current ratio of 1.02 and a debt-to-equity ratio of 0.07. The firm has a market cap of $895.03, a price-to-earnings ratio of 12.72, a P/E/G ratio of -3.65 and a beta of 1.92. JinkoSolar Holding Company Limited has a 52 week low of $12.72 and a 52 week high of $30.50.

JinkoSolar Holding Company Limited (NYSE:JKS) last posted its quarterly earnings results on Wednesday, September 6th. The semiconductor company reported $0.20 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.69 by ($0.49). The company had revenue of $1.17 billion during the quarter, compared to analyst estimates of $998.22 million. JinkoSolar Holding Company Limited had a net margin of 5.42% and a return on equity of 7.88%. JinkoSolar Holding Company Limited’s revenue for the quarter was up 30.4% on a year-over-year basis. During the same period in the prior year, the business earned $2.04 EPS. equities analysts anticipate that JinkoSolar Holding Company Limited will post 0.77 earnings per share for the current fiscal year.

Several equities analysts recently issued reports on JKS shares. Axiom Securities reissued a “buy” rating on shares of JinkoSolar Holding Company Limited in a research note on Saturday, July 22nd. ValuEngine raised JinkoSolar Holding Company Limited from a “buy” rating to a “strong-buy” rating in a research note on Friday, September 1st. Credit Suisse Group lowered JinkoSolar Holding Company Limited from an “outperform” rating to a “neutral” rating and decreased their target price for the stock from $25.00 to $20.00 in a research note on Tuesday, August 22nd. Zacks Investment Research lowered JinkoSolar Holding Company Limited from a “hold” rating to a “strong sell” rating in a research note on Wednesday, September 27th. Finally, Roth Capital increased their target price on JinkoSolar Holding Company Limited from $18.00 to $26.00 and gave the stock a “neutral” rating in a research note on Tuesday, September 26th. Four analysts have rated the stock with a sell rating, two have given a hold rating and one has given a buy rating to the stock. The stock presently has an average rating of “Hold” and a consensus target price of $17.40.

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JinkoSolar Holding Company Limited Company Profile

JinkoSolar Holding Co, Ltd. operates in the photovoltaic (PV) industry. The Company has built a vertically integrated solar power product value chain, from recovering silicon materials to manufacturing solar modules and solar power generation. The Company’s segments include the manufacturing segment and the solar power projects segment.

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