Earnings Forecast Research on Canadian Solar Inc. (CSIQ)

Canadian Solar Inc. has received $0.29 as the consensus Earnings Estimate for the Quarter ending on Dec 2016 ,According to the estimate provided by 5 Financial Advisor in the Stock Trading Firms. Among 5 Analysts, Bottom line EPS Estimate for the current quarter is $0.01 while the top line estimate is $0.58 , a key information to consider for Day Trading and investing in stocks. The EPS growth rate is projected at -72.19%.

Canadian Solar Inc. has a Price to Earnings ratio of 4.92 for the trailing twelve month period. The price to book ratio of the company for the most recent quarter is 0.72. For the Most Recent Fiscal Year, Canadian Solar Inc. has a price to cash ratio of 2.33. For the Trailing twelve month period, company showed a Net Profit Margin of 4.26% and Return on Equity of the stock is 15.6%.

In the last quarter, Canadian Solar Inc. reported Annual Earnings of $0.29. Based on the filings, last years Annual Earnings was, $3.19. In the last Quarter, CSIQ reported a surprise Earnings per Share of 0% . The consensus estimate for current quarter is $0.29 and for the current fiscal year, the estimate is $1.57. For the Next fiscal year, the estimate is $2.3 based on the consensus.

Canadian Solar Inc. (NASDAQ:CSIQ) stock ended Tuesday session in the red zone in a volatile trading. The stock closed down 0.04 points or 0.34% at $11.71 with 1,563,467 shares getting traded. Post opening the session at $11.7, the shares hit an intraday low of $11.21 and an intraday high of $11.72 and the price was in this range throughout the day. The company has a market cap of $673 million and the number of outstanding shares has been calculated to be 57,437,734 shares. The 52-week high of Canadian Solar Inc. (NASDAQ:CSIQ) is $23.56 and the 52-week low is $10.25.

Canadian Solar Inc is a solar module producer. The Company offers ingots, wafers, solar cells, solar modules and other solar applications for on-grid and off-grid use to customers worldwide. The Company also designs and produces specialty solar modules and products such as solar-powered bus stop lighting; and specialty products, such as portable solar home systems and solar-powered car battery chargers. Canadian Solar has operations in North America, Europe and Asia. The company sells its products under the Canadian Solar brand name. Canadian Solar Inc is based in Kitchener, Canada.


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