JinkoSolar Holding Co Ltd (NYSE: JKS) has recently experienced important negative changes in fundamentals: the consensus estimate for December, 2024 decreased significantly, significant quarterly earnings deceleration occurred, and the consensus estimate for December, 2025 decreased significantly.
Recent meaningful negative changes in investment behavior have impacted JinkoSolar Holding Co Ltd (NYSE: JKS): the stock’s recent price decline challenged its longer term uptrend.
In light of these highly negative signals we are reviewing our current Overall Rating of B. We would view the shares with caution pending completion of this review in the next several days.
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 B (Positive). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing very contradictory signals. JinkoSolar Holding has a very high Appreciation Score of 97 but a slightly negative Power Rating of 32, and the Positive Value Trend Rating results.
Recent Price Action
JinkoSolar Holding Co Ltd (NYSE: JKS) stock closed at $23.05 on 11/8/24 after a large decline of -6.1%. However, trading volume in this decline was below average at 75% of normal. The stock has declined -13.2% during the last week and has been weak relative to the market over the last nine months.
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