Alert: Negative Investment/Fundamental Signals (10/9/24)-JinkoSolar Holding Co Ltd (NYSE: JKS)

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Important negative changes in fundamentals have recently occurred for JinkoSolar Holding Co Ltd (NYSE: JKS): the consensus estimate for December, 2024 decreased significantly, significant quarterly earnings deceleration occurred, and the consensus estimate for December, 2025 decreased significantly.

JinkoSolar Holding Co Ltd (NYSE: JKS) has recently experienced meaningful negative changes in investment behavior: the stock fell on very heavy volume.

In light of these highly negative signals we are reviewing our current Overall Rating of C. We would view the shares with caution pending completion of this review in the next several days.

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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 (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 97 but a very low Power Rating of 10, resulting in the Neutral Value Trend Rating.

Recent Price Action

JinkoSolar Holding Co Ltd (NYSE: JKS) stock suffered a large decline of -5.6% on 10/9/24. The stock closed at $24.53. Moreover, exceptionally high trading volume at 332% of normal accompanied the decline. Relative to the market the stock has been weak over the last nine months and has declined -3.9% during the last week.

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