Canadian Solar Inc. (NASDAQ:CSIQ) moved down -3.65% and closed its last trading session at $13.74. This Oils-Energy Sector stock currently has the Market Capitalization of 789.23 Million. The Average Volume for the stock is measured as 1.15 Million. The Stock has a 52-Week High of $20.6 and 52-Week Low of $10.25 following the dates, it touched its 52-Week High on Mar 21, 2016 and 52-Week Low on Nov 9, 2016. Currently, the Return on Assets value for the trailing twelve months is 2.9% with the Return on Equity and Return on Investment of 15.9% and 6.2% respectively. This firm currently has YTD (year to date) performance of 12.81 Percent which is awesome. The Short Ratio for the stock is 5.12.
Canadian Solar Inc. (NASDAQ:CSIQ) Price to Earnings (P/E) ratio is 5.65. EPS or Earning per Share stands at $2.43. The TTM operating margin is 6.4 percent.
Canadian Solar Inc. (NASDAQ:CSIQ) reports its Earnings on Tue 21 Mar (In 2 Days). The estimated EPS for the current quarter is said to be $0.29. Following Earnings result, share price were DOWN 15 times out of last 28 Qtrs. The stock has added about 17.4% since it reported its last earnings. The Closing price of Canadian Solar Inc. (NASDAQ:CSIQ) at Last Earnings was $11.7 as compared to the previous closing price of $14.26. The Predicted Move on the 7th day after Canadian Solar Inc. (NASDAQ:CSIQ) will release its earnings at about 10%.
By Looking at Earnings History, Out of 12 Quarters when the Earnings were reported, Canadian Solar Inc. (NASDAQ:CSIQ) beats earnings by 66%, The Stock Missed Earnings 3 times and has met earnings 1 times.
We will discuss the past Quarters Earnings below:
Canadian Solar Inc. (NASDAQ:CSIQ) reported its previous quarter on 11/21/2016 where it reported the Actual Earnings of $0.27. The Closing price before the company posted its earnings was $11.7. The Stock declined on the very next day of earnings and maintained its stock price at $10.68 by showing a % change of -8.72 percent from its previous closing price. The Next Day Volume after Earnings was reported as 5.76 Million. On the 7th day After Earnings Report, the stock hit its share price as $11.58 by showing -1.03% decrease from the Stock price Before Earnings were reported.
On 08/18/2016, the stock reported the EPS of $0.68 where Analysts were projecting the EPS to be $0.37 showing a difference of $0.31. Thus Surprise Factor was there with 83.8 percent. Before Earnings Announcement on 08/18/2016, the firm had its stock price of $12.21. And immediately on the next day after earnings announcement, the stock inclined 17.53% and closed its trading session at $14.35. On 7th Day after earnings release, Canadian Solar Inc. (NASDAQ:CSIQ) surged to 5.57% from $12.21 to $12.89.
On 05/11/2016, Analysts were suspecting EPS of $0.17/share where Canadian Solar Inc. (NASDAQ:CSIQ) reported its Actual EPS of $0.39. Thus showing a Surprise of 129.4 percent. The Closing Price of the stock before earnings was $15.46 while on the Next day the stock closed its trading session at $17.38 with a percentage change of 12.42% from the price of 15.46 before Earnings. The Stock Closing Price on the 7th day of earnings was $17.4.
Canadian Solar Inc., together with its subsidiaries, designs, develops, manufactures, and sells solar wafers, cells, and solar power products primarily under the Canadian Solar brand name. The company operates through Module, Energy Development, and Electricity Generation segments. Its products include various solar modules that are used in residential, commercial, and industrial solar power generation systems. The company also provides specialty solar products consisting of Andes Solar Home System, an off-grid solar system, designed to provide an economical source of electricity to homes and communities without access to grid; and Maple Solar System, a clean energy solution for families, as well as solar system kits, which are a ready-to-install packages, such as inverters, racking system, and other accessories. In addition, it develops, builds, and sells solar power projects; performs the engineering, procurement, and construction (EPC) work for the solar projects; and offers operation and maintenance services that include inspection, repair, and replacement of plant equipment, site management, and administrative support services. It offers its products to distributors, system integrators, project developers, and installers/EPC companies. The company has operations in North America, South America, Europe, Africa, the Middle East, Australia, and Asia. Canadian Solar Inc. was founded in 2001 and is based in West Guelph, Canada.