For its third fiscal quarter (ending September 30), JinkoSolar Holding Co Ltd (NYSE: JKS) has reported a -97% decline in E.P.S. from $3.52 a year ago to $0.11 in the current quarter. E.P.S. were $1.53 for the latest four quarters through September 30 versus $11.22 for the same period a year ago — a decline of -86%.
Recent Price Action
On 10/30/24, JinkoSolar Holding Co Ltd (NYSE: JKS) stock enjoyed a large increase of 4.9%, closing at $25.35. Moreover, exceptionally high trading volume at 227% of normal accompanied the advance. Relative to the market the stock has been weak over the last nine months but has risen 18.8% during the last week.
Current PriceTarget Research Rating
JKS’ future returns on capital are forecasted to exceed the cost of capital. Accordingly, the company is expected to continue to be an important Value Builder.
JinkoSolar Holding has a current Value Trend Rating of C (High Neutral). This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. JinkoSolar Holding has a very high Appreciation Score of 98 but a poor Power Rating of 22, with the High Neutral Value Trend Rating the result.
Rating Review
In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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