As on December 23, 2020, JinkoSolar Holding Co. Ltd. (NYSE: JKS) got off with the flyer as it spiked 1.83% to $79.96. During the day, the stock rose to $85.3199 and sunk to $78.43 before settling in for the price of $78.52 at the close. Taking a more long-term approach, JKS posted a 52-week range of $11.42-$90.20.
The Technology sector firm’s twelve-monthly sales growth has been 25.00% for the last half of the decade. Meanwhile, its Annual Earning per share during the time was 4.80%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 101.90%. This publicly-traded company’s shares outstanding now amounts to $44.50 million, simultaneously with a float of $42.83 million. The organization now has a market capitalization sitting at $3.29 billion. At the time of writing, stock’s 50-day Moving Average stood at $64.72, while the 200-day Moving Average is $32.01.
It is quite necessary to find out the efficiency of the corporate organization, which has 15195 number of employees on its payroll. It has generated 283,311 per worker during the last fiscal year. Meanwhile, its income per employee was 8,559. The stock had 3.52 Receivables turnover and 0.71 Total Asset turnover. For the Profitability, stocks gross margin was +18.26, operating margin was +6.04 and Pretax Margin of +4.21.
JinkoSolar Holding Co. Ltd. (JKS) Ownership Facts and Figures
Another important factor to analyze is how key investors are playing towards the stock of the Solar industry. JinkoSolar Holding Co. Ltd.’s current insider ownership accounts for 1.00%, in contrast to 65.90% institutional ownership.
JinkoSolar Holding Co. Ltd. (JKS) Earnings and Revenue Records
If we go through the results of last quarter, which was made public on 9/29/2020, the company posted $1.06 earnings per share (EPS) for the quarter, besting the agreed prediction (set at $0.85) by $0.21. This company achieved a net margin of +3.02 while generating a return on equity of 10.50. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.29 per share during the current fiscal year.
JinkoSolar Holding Co. Ltd.’s EPS increase for this current 12-month fiscal period is 101.90% and is forecasted to reach 4.03 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 23.60% through the next 5 years, which can be compared against the 4.80% growth it accomplished over the previous five years trading on the market.
JinkoSolar Holding Co. Ltd. (NYSE: JKS) Trading Performance Indicators
Let’s observe the current performance indicators for JinkoSolar Holding Co. Ltd. (JKS). It’s Quick Ratio in the last reported quarter now stands at 0.80. The Stock has managed to achieve an average true range (ATR) of 6.20. Alongside those numbers, its PE Ratio stands at $25.35, and its Beta score is 1.10. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 0.61.
In the same vein, JKS’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 3.15, a figure that is expected to reach 0.40 in the next quarter, and analysts are predicting that it will be 4.03 at the market close of one year from today.
Technical Analysis of JinkoSolar Holding Co. Ltd. (JKS)
Through scrutinizing the latest numbers posted by the [JinkoSolar Holding Co. Ltd., JKS], it can be observed that its last 5-days Average volume of 6.33 million was better the volume of 3.26 million, it posted the year before. During the previous 9 days, stock’s Stochastic %D was recorded 91.85% While, its Average True Range was 6.56.
Raw Stochastic average of JinkoSolar Holding Co. Ltd. (JKS) in the period of the previous 100 days is set at 85.63%, which indicates a major rise in contrast to 84.09% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 111.89% that was lower than 114.32% volatility it exhibited in the past 100-days period.