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JA Solar Holdings Company Ltd., Q2 Earnings Decline 83%

External shipments were therefore up 88.3% year-on-year and up 68.3% from the previous quarter. Image JA Solar
External shipments were therefore up 88.3% year-on-year and up 68.3% from the previous quarter. Image JA Solar
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22 August, 2017

With an institutional ownership near 75.8%, it carries an earnings per share ratio of 4.48. JA Solar has $12 highest and $600 lowest target. The stock of JA Solar Holdings Co., Ltd. (ADR) (NASDAQ:JASO) has "Outperform" rating given on Wednesday, August 12 by RBC Capital Markets.

JA Solar Holdings Co., Ltd.is a holding company. 369,700 are owned by Renaissance Ltd. Secor Cap Advsr Limited Partnership has invested 0.16% in Stewart Information Services Corp (NYSE:STC).

JA Solar Holdings, Co. had a net margin of 3.41% and a return on equity of 7.73%. I am going to look at the latest data on JASO to assess whether this adverse expected growth is reasonable.

In terms of earnings per share, 1 analyst has a -0.09 EPS mean target for the quarter ending Sep-17, for the quarter ending Dec-17, 1 analyst has a 0.06 EPS mean target and for the quarter ending Dec-17 there are 2 estimates of 0.02 EPS. The company achieved year to date performance of 30.04% and disseminated yield of 14.42% for the past six months.

-Earnings (Q2): RMB19.86 Mln. vs. RMB116.28 Mln. a year ago.

About 422,151 shares traded or 0.98% up from the average. $8.60's average target is 38.26% above currents $6.22 stock price. If you are reading this report on another publication, it was copied illegally and republished in violation of United States and global trademark and copyright laws.

A number of research analysts have recently weighed in on the stock. At present, 0 analysts call it Sell, while 3 think it is Hold. BidaskClub downgraded shares of JA Solar Holdings, Co. from a "hold" rating to a "sell" rating in a report on Wednesday, July 12th. If the $33.07 price target is reached, the company will be worth $77.65 million less. One analyst has rated the stock with a sell rating and four have assigned a hold rating to the stock.

About JA Solar Holdings, Co. The Firm designs, develops, makes and sells solar power products that convert sunlight into electricity for a range of uses. The Firm is engaged in manufacturing and selling solar modules, as well as silicon wafer manufacturing.

IBD's TAKE: The outlook is improving for solar companies as solar-panel prices have firmed up on stronger demand.


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