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

August 9, 2018 - By Carolyn Hewitt

Canadian Solar Inc. (NASDAQ:CSIQ) Logo

Analysts expect Canadian Solar Inc. (NASDAQ:CSIQ) to report $0.44 EPS on August, 14 before the open.They anticipate $0.59 EPS change or 393.33 % from last quarter’s $-0.15 EPS. CSIQ’s profit would be $25.78 million giving it 8.31 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 decreased 0.68% or $0.1 during the last trading session, reaching $14.62. About 382,225 shares traded. Canadian Solar Inc. (NASDAQ:CSIQ) has risen 21.57% since August 9, 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 (NASDAQ:CSIQ), 1 have Buy rating, 1 Sell and 2 Hold. Therefore 25% are positive. Canadian Solar had 6 analyst reports since March 16, 2018 according to SRatingsIntel. The firm earned “Hold” rating on Thursday, June 7 by J.P. Morgan. Oppenheimer maintained the stock with “Buy” rating in Monday, March 26 report. The stock of Canadian Solar Inc. (NASDAQ:CSIQ) has “Sell” rating given on Tuesday, March 27 by J.P. Morgan. The company was downgraded on Tuesday, March 27 by JP Morgan. The company was upgraded 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 $856.47 million. The firm operates through two divisions, Module and Energy. It has a 5.64 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: Benzinga.com which released: “5 Stocks In Bearish Trends This Week” on July 30, 2018, also Fool.com with their article: “The 4 Worst Solar Stocks of 2018 (So Far)” published on August 02, 2018, 247Wallst.com published: “Short Interest Falling in Solar, Alt Energy Stocks” on July 25, 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 Fool.com‘s news article titled: “The 3 Best Solar Stocks of 2018 (So Far)” with publication date: July 31, 2018.

Canadian Solar Inc. (NASDAQ:CSIQ) Ratings Chart

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