Comprehensive Stock Analysis of: Canadian Solar Inc. (NASDAQ:CSIQ)


Canadian Solar Inc. (NASDAQ:CSIQ) reported its last earnings on Jun 16. The company will report its next earnings on Nov 8 – Nov 14 (Est.). The company reported the earnings of $0.7/Share in the last quarter where the estimated EPS by analysts was $0.37/share. The difference between the expected and actual EPS was $0.33/share, which represents an Earnings surprise of 89.2%.

Many analysts are providing their Estimated Earnings analysis for Canadian Solar Inc. and for the current quarter 8 analysts have projected that the stock could give an Average Earnings estimate of $0.24/share. These analysts have also projected a Low Estimate of $0.13/share and a High Estimate of $0.49/share.

In case of Revenue Estimates, 6 analysts have provided their consensus Average Revenue Estimates for Canadian Solar Inc. as 693.03 Million. According to these analysts, the Low Revenue Estimate for Canadian Solar Inc. is 671.5 Million and the High Revenue Estimate is 730.1 Million. The company had Year Ago Sales of 849.81 Million.

These analysts also forecasted Growth Estimates for the Current Quarter for CSIQ to be -54.7%. They are projecting Next Quarter growth of -64.8%. For the next 5 years, Canadian Solar Inc. is expecting Growth of 13.25% per annum, whereas in the past 5 years the growth was 35.21% per annum.

Some buy side analysts are also providing their Analysis on Canadian Solar Inc., where 3 analysts have rated the stock as Strong buy, 3 analysts have given a Buy signal, 3 said it’s a HOLD, 1 reported it as Underperform and 0 analysts rated the stock as Sell. (These Recommendations are for the Current Month Only reported by Yahoo Finance.)

When it comes to the Analysis of a Stock, Price Target plays a vital role. 8 Analysts reported that the Price Target for Canadian Solar Inc. might touch $30 high while the Average Price Target and Low price Target is $18.84 and $12.8 respectively.

To analyze a stock, one should look for Upgrades and Downgrades of a stock. Canadian Solar Inc. got Initiated on 8-Sep-16 where investment firm JMP Securities Initiated the stock to Mkt Perform.

Canadian Solar Inc. closed its last trading session at $14.71 with the gain of 2.58%. The Market Capitalization of the company stands at 896.35 Million. The Company has 52-week high of $29.83 and 52-week low of $11.72. The stock’s current distance from 20-Day Simple Moving Average (SMA20) is 12.28% where SMA50 and SMA200 are 12.69% and -12.32% respectively. The Company Touched its 52-Week High on Dec 24, 2015 and 52-Week Low on Sep 16, 2016.

The Relative Volume of the company is 0.91 and Average Volume (3 months) is 2.28 million. Canadian Solar Inc. P/E (price to earnings) ratio is 5.66 and Forward P/E ratio of 7.53.

The company shows its Return on Assets (ROA) value of 3.4%. The Return on Equity (ROE) value stands at 18.4%. While it’s Return on Investment (ROI) value is 6.2%.

While looking at the Stock’s Performance, Canadian Solar Inc. currently shows a Weekly Performance of 1.68%, where Monthly Performance is 24.5%, Quarterly performance is 3.64%, 6 Months performance is -16.26% and yearly performance percentage is -28.58%. Year to Date performance value (YTD perf) value is -47.89%. The Stock currently has a Weekly Volatility of 4.41% and Monthly Volatility of 4.03%.