Canadian Solar Inc. (CSIQ) Analysts See $0.44 EPS

July 14, 2018 - By Jack Shaw

Canadian Solar Inc. (NASDAQ:CSIQ) Logo

Analysts expect Canadian Solar Inc. (NASDAQ:CSIQ) to report $0.44 EPS on August, 13.They anticipate $0.59 EPS change or 393.33 % from last quarter’s $-0.15 EPS. CSIQ’s profit would be $25.78M giving it 7.44 P/E if the $0.44 EPS is correct. After having $0.72 EPS previously, Canadian Solar Inc.’s analysts see -38.89 % EPS growth. The stock increased 0.31% or $0.04 during the last trading session, reaching $13.1. About 527,632 shares traded. Canadian Solar Inc. (NASDAQ:CSIQ) has risen 21.57% since July 14, 2017 and is uptrending. It has outperformed by 9.00% the S&P500.

Canadian Solar Inc. (NASDAQ:CSIQ) Ratings Coverage

Among 4 analysts covering Canadian Solar Inc (NASDAQ:CSIQ), 1 have Buy rating, 1 Sell and 2 Hold. Therefore 25% are positive. Canadian Solar Inc had 8 analyst reports since February 1, 2018 according to SRatingsIntel. The company was upgraded on Thursday, June 7 by JP Morgan. The stock of Canadian Solar Inc. (NASDAQ:CSIQ) has “Hold” rating given on Thursday, February 1 by J.P. Morgan. The rating was upgraded by JP Morgan to “Neutral” on Thursday, February 1. J.P. Morgan downgraded the shares of CSIQ in report on Tuesday, March 27 to “Sell” rating. On Tuesday, March 27 the stock rating was downgraded by JP Morgan to “Underweight”. The firm earned “Buy” rating on Monday, March 26 by Oppenheimer. J.P. Morgan upgraded it to “Hold” rating and $1500 target in Thursday, June 7 report.

Canadian Solar Inc., together with its subsidiaries, designs, develops, makes, and sells solar ingots, wafers, cells, modules, and other solar power products primarily under the Canadian Solar brand name. The company has market cap of $767.42 million. The firm operates through two divisions, Module and Energy. It has a 5.06 P/E ratio. The Company’s products include various solar modules that are used in residential, commercial, and industrial solar power generation systems.

More notable recent Canadian Solar Inc. (NASDAQ:CSIQ) news were published by: Fool.com which released: “This Could Be Solar Energy’s Next Big Leap Forward” on June 22, 2018, also Prnewswire.com with their article: “Canadian Solar Converts a Golf Course into a 56MWp Solar Power Plant in Japan” published on June 28, 2018, 247Wallst.com published: “Short Sellers High on Solar Stocks, Mixed on Alt Energy” on June 27, 2018. More interesting news about Canadian Solar Inc. (NASDAQ:CSIQ) were released by: 247Wallst.com and their article: “Where Short Sellers Are Focused in Solar, Alt Energy Stocks” published on July 12, 2018 as well as Seekingalpha.com‘s news article titled: “First Solar upgraded to Buy at BAML on ‘most bullish’ IRS interpretation” with publication date: June 25, 2018.

Canadian Solar Inc. (NASDAQ:CSIQ) Ratings Chart

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