What is Roth Capital’s Estimate for JinkoSolar Q4 Earnings?

JinkoSolar Holding Co., Ltd. (NYSE:JKS) – Research analysts at Roth Capital decreased their Q4 2024 earnings estimates for shares of JinkoSolar in a research report issued on Wednesday, October 30th. Roth Capital analyst P. Shen now anticipates that the semiconductor company will earn ($0.46) per share for the quarter, down from their previous forecast of $0.84. The consensus estimate for JinkoSolar’s current full-year earnings is ($0.42) per share. Roth Capital also issued estimates for JinkoSolar’s Q1 2025 earnings at ($0.87) EPS, Q2 2025 earnings at ($0.22) EPS, FY2025 earnings at $1.28 EPS, Q1 2026 earnings at $0.05 EPS, Q3 2026 earnings at $1.56 EPS and FY2026 earnings at $5.12 EPS.

A number of other analysts also recently issued reports on the stock. Roth Mkm cut their price objective on shares of JinkoSolar from $25.00 to $20.00 and set a “neutral” rating for the company in a report on Wednesday, September 4th. StockNews.com upgraded JinkoSolar from a “sell” rating to a “hold” rating in a research note on Wednesday, September 18th. Finally, The Goldman Sachs Group lowered their price objective on JinkoSolar from $21.00 to $18.00 and set a “sell” rating on the stock in a research note on Tuesday, September 3rd. One investment analyst has rated the stock with a sell rating and six have assigned a hold rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $24.60.

JinkoSolar Stock Up 1.7 %

JKS opened at $27.84 on Monday. The company has a debt-to-equity ratio of 0.81, a quick ratio of 0.79 and a current ratio of 1.22. The stock has a fifty day moving average of $21.79 and a 200-day moving average of $22.59. JinkoSolar has a fifty-two week low of $16.70 and a fifty-two week high of $38.65. The company has a market capitalization of $1.48 billion, a P/E ratio of 47.19 and a beta of 0.44.

JinkoSolar (NYSE:JKS) last released its quarterly earnings results on Friday, August 30th. The semiconductor company reported $0.97 earnings per share for the quarter, topping the consensus estimate of $0.05 by $0.92. JinkoSolar had a return on equity of 4.18% and a net margin of 0.53%. The business had revenue of $3.31 billion during the quarter, compared to analysts’ expectations of $3.85 billion.

Hedge Funds Weigh In On JinkoSolar

Hedge funds and other institutional investors have recently modified their holdings of the business. Mackenzie Financial Corp increased its position in JinkoSolar by 1.8% during the 2nd quarter. Mackenzie Financial Corp now owns 2,572,177 shares of the semiconductor company’s stock worth $53,296,000 after purchasing an additional 44,661 shares in the last quarter. GSA Capital Partners LLP increased its holdings in shares of JinkoSolar by 372.9% during the first quarter. GSA Capital Partners LLP now owns 77,349 shares of the semiconductor company’s stock worth $1,948,000 after buying an additional 60,992 shares in the last quarter. Marshall Wace LLP increased its holdings in shares of JinkoSolar by 49.5% during the second quarter. Marshall Wace LLP now owns 447,709 shares of the semiconductor company’s stock worth $9,277,000 after buying an additional 148,268 shares in the last quarter. Millennium Management LLC lifted its stake in shares of JinkoSolar by 2,305.1% in the 2nd quarter. Millennium Management LLC now owns 168,911 shares of the semiconductor company’s stock valued at $3,500,000 after acquiring an additional 161,888 shares during the last quarter. Finally, SG Americas Securities LLC boosted its holdings in shares of JinkoSolar by 16.0% during the 2nd quarter. SG Americas Securities LLC now owns 21,321 shares of the semiconductor company’s stock valued at $442,000 after acquiring an additional 2,939 shares in the last quarter. Institutional investors own 35.82% of the company’s stock.

About JinkoSolar

JinkoSolar Holding Co, Ltd., together with its subsidiaries, engages in the design, development, production, and marketing of photovoltaic products. The company offers solar modules, silicon wafers, solar cells, recovered silicon materials, and silicon ingots. It also provides solar system integration services; solar power generation and solar system EPC services; and energy storage system, as well as undertakes solar power projects.