JinkoSolar (JKS) Earns Media Sentiment Score of 0.17
Media stories about JinkoSolar (NYSE:JKS) have been trending somewhat positive this week, according to Accern Sentiment Analysis. The research group identifies negative and positive press coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. JinkoSolar earned a news sentiment score of 0.17 on Accern’s scale. Accern also assigned news coverage about the semiconductor company an impact score of 45.9744036313373 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.
These are some of the news stories that may have impacted Accern Sentiment Analysis’s scoring:
- JinkoSolar Holding Co., Ltd. (NYSE:JKS) – Calculate PEG Before Making Any Investment Decision – Nasdaq Journal (press release) (nasdaqjournal.com)
- Investor’s Alert (Technicals Data Analysis): JinkoSolar Holding Co Ltd (NYSE: JKS) – Alpha Beta Stock (alphabetastock.com)
- Goldman Sachs Starts JinkoSolar Holding Co., Ltd. (JKS) at Sell – StreetInsider.com (streetinsider.com)
- The 3 Best Solar Stocks of 2017 (finance.yahoo.com)
Several equities analysts have recently weighed in on JKS shares. Roth Capital upped their price objective on shares of JinkoSolar from $18.00 to $26.00 and gave the company a “neutral” rating in a report on Tuesday, September 26th. Goldman Sachs Group started coverage on shares of JinkoSolar in a report on Tuesday. They set a “sell” rating and a $16.00 price objective on the stock. ValuEngine lowered shares of JinkoSolar from a “strong-buy” rating to a “buy” rating in a report on Monday, October 2nd. Zacks Investment Research lowered shares of JinkoSolar from a “hold” rating to a “strong sell” rating in a report on Wednesday, September 27th. Finally, Axiom Securities started coverage on shares of JinkoSolar in a report on Thursday, September 21st. They set a “sell” rating and a $10.00 price objective on the stock. Four investment analysts have rated the stock with a sell rating, three have issued a hold rating and one has assigned a buy rating to the company. The stock has an average rating of “Hold” and an average price target of $18.86.
JinkoSolar (NYSE:JKS) last posted its earnings results on Thursday, December 7th. The semiconductor company reported $0.04 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.17 by ($0.13). JinkoSolar had a return on equity of 3.99% and a net margin of 4.36%. The business had revenue of $964.80 million during the quarter, compared to analyst estimates of $849.17 million. During the same quarter in the prior year, the company earned $1.40 EPS. The company’s revenue was up 12.8% on a year-over-year basis. analysts expect that JinkoSolar will post 0.77 earnings per share for the current fiscal year.
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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