18 July, 2017
We will contrast the two companies based on the strength of their analyst recommendations, risk, valuation, earnings, profitabiliy, institutional ownership and dividends. The company has a 50-day moving average price of $13.44 and a 200-day moving average price of $13.07. Four analysts have issued estimates for Canadian Solar's earnings, with estimates ranging from ($0.21) to ($0.10). News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Canadian Solar Inc. with MarketBeat.com's FREE daily email newsletter.
News stories about Canadian Solar (NASDAQ:CSIQ) have trended somewhat positive on Friday, according to Accern. With short interest at 7,433,012 and short average daily volume at 1,200,869, days to cover is 6.2 and the percentage of shorted shares was 0.13% on May 31. More interesting news about Canadian Solar Inc. Canadian Solar has a 12 month low of $10.25 and a 12 month high of $17.00.
This table compares Canadian Solar and DAQO New Energy Corp.'s net margins, return on equity and return on assets. J P Morgan Chase & Co decreased their target price on Canadian Solar from $16.00 to $14.00 and set a "neutral" rating for the company in a research note on Wednesday, March 22nd. (NASDAQ:CSIQ) latest ratings and price target changes. (NASDAQ:CSIQ), 8 have Buy rating, 0 Sell and 6 Hold.
KBC Group NV held its stake in shares of Canadian Solar Inc. The company had revenue of $677 million for the quarter, compared to analyst estimates of $580.45 million.
Canadian Solar now has a consensus target price of $16.58, indicating a potential upside of 1.28%. Given DAQO New Energy Corp.'s stronger consensus rating and higher possible upside, analysts plainly believe DAQO New Energy Corp.is more favorable than Canadian Solar. During the same quarter a year ago, the company earned $0.39 earnings per share. FBR & Co reissued a "mkt perform" rating and issued a $13.00 price objective (up previously from $12.00) on shares of Canadian Solar in a research report on Wednesday, March 22nd.
On November 22, 2016 the stock rating was set at "Neutral" in a report from Roth Capital down from the previous " rating. Cowen and Company restated a "hold" rating on shares of Canadian Solar in a research note on Thursday, June 8th.
A number of institutional investors have recently made changes to their positions in the stock. SG Americas Securities LLC boosted its stake in shares of Canadian Solar by 194.4% in the first quarter. Trexquant Investment LP now owns 29,626 shares of the solar energy provider's stock worth $361,000 after buying an additional 7,128 shares in the last quarter. Finally, BNP Paribas Arbitrage SA increased its position in shares of Canadian Solar by 4.5% in the first quarter. California Public Employees Retirement System now owns 143,600 shares of the solar energy provider's stock valued at $1,762,000 after buying an additional 2,900 shares during the last quarter. However the company reported $0.68 earnings per share for the same quarter during a year ago. The stock of Canadian Solar Inc. "(NASDAQ:CSIQ) to Announce -$0.16 EPS" was first reported by Sports Perspectives and is the property of of Sports Perspectives. If you are reading this article on another site, it was copied illegally and republished in violation of USA and global copyright laws. Shelton Capital Management who had been investing in Canadian Solar Inc for a number of months, seems to be less bullish one the $992.04M market cap company. The Company manufactures and sells polysilicon to photovoltaic product manufacturers, whereby the polysilicon is processed into ingots, wafers, cells and modules for solar power solutions. The Business's segments include module segment, energy development segment and electricity generation segment.
