Canadian Solar Inc. (CSIQ) EPS Estimated At $0.48

October 14, 2018 - By mmahotstuff

Canadian Solar Inc. (NASDAQ:CSIQ) Logo

Analysts expect Canadian Solar Inc. (NASDAQ:CSIQ) to report $0.48 EPS on November, 8.They anticipate $0.26 EPS change or 118.18 % from last quarter’s $0.22 EPS. CSIQ’s profit would be $28.12M giving it 7.43 P/E if the $0.48 EPS is correct. After having $0.26 EPS previously, Canadian Solar Inc.’s analysts see 84.62 % EPS growth. The stock increased 3.18% or $0.44 during the last trading session, reaching $14.27. About 540,548 shares traded. Canadian Solar Inc. (NASDAQ:CSIQ) has declined 9.45% since October 14, 2017 and is downtrending. It has underperformed by 25.07% the S&P500.

Canadian Solar Inc. (NASDAQ:CSIQ) Ratings Coverage

Among 3 analysts covering Canadian Solar Inc (NASDAQ:CSIQ), 0 have Buy rating, 0 Sell and 3 Hold. Therefore 0 are positive. Canadian Solar Inc had 3 analyst reports since June 7, 2018 according to SRatingsIntel. J.P. Morgan upgraded the shares of CSIQ in report on Thursday, June 7 to “Hold” rating. The company was maintained on Thursday, August 23 by FBR Capital. The firm has “Neutral” rating given on Thursday, June 7 by JP Morgan.

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 $835.96 million. The firm operates through two divisions, Module and Energy. It has a 6.36 P/E ratio. The Company’s products include various solar modules that are used in residential, commercial, and industrial solar power generation systems.

More recent Canadian Solar Inc. (NASDAQ:CSIQ) news were published by: Gurufocus.com which released: “Stay Calm and Keep Buying Canadian Solar” on October 12, 2018. Also 247Wallst.com published the news titled: “Short Sellers Betting on Solar and One Alt Energy Stock” on October 10, 2018. Globenewswire.com‘s news article titled: “Acquisitions and Ancillary Opportunities for Investors in the Cannabis Sector; Aurora Cannabis, Canopy Growth …” with publication date: September 27, 2018 was also an interesting one.

Canadian Solar Inc. (NASDAQ:CSIQ) Ratings Chart

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