Finny logo
Finny logo
Dibs:
Dibs:
0

Canadian Solar (CSIQ) earnings: expect -67% revenue decline

4:09 pm ET, 13 May 2019

Canadian Solar (CSIQ) is announcing earnings on May 15. We combed through analyst estimates to understand what the company revenue and earnings are predicted to look like.

What should you expect from the upcoming earnings?

Revenue for the next quarter is expected to be $471M, which implies a -67% growth rate year-over-year.

Earnings per share are expected to come in at $-0.44. If this materializes, EPS will decline -161% year-over-year.

How did the stock do last month?

Over the last month, Canadian Solar (CSIQ) returned +12.07%.

How is the stock valued?

Canadian Solar (CSIQ) forward P/E ratio is 7.5, and it’s low compared to its industry peers’ P/E ratios.

What do analysts say about the stock?

Canadian Solar (CSIQ) average analyst price target is 13.55% above its current price ($19.63).

For the latest price and information on Canadian Solar, please visit Finstead and ask for "CSIQ", "CSIQ analysis" or "CSIQ news".

Canadian Solar Inc. (CSIQ) Stock Guide

Updated at: 3:19 pm ET, 17 Sep 2020

Before we start: if you're looking for CSIQ stock price, you can quickly find it out by visiting Finny and typing "CSIQ quote". If you're looking for a quick scoop on CSIQ stock (chart, price target, market cap, news and buy or sell analysis), go to Finny and look for "CSIQ". You'll get all this info in one place. Or you can just type "CSIQ news" to get the latest stock news.

Looking to buy or sell Canadian Solar Inc. (CSIQ)? Interested in getting the full scoop on CSIQ, including earnings and dividends, stock forecast, buy or sell analysis and key stats? If so, you came to the right place.

In this CSIQ stock guide, we'll address key questions about CSIQ, above and beyond what you can find on Yahoo Finance, Zacks, MarketWatch or Morningstar.

Here is what you'll be able to find in this guide:

Earnings and Dividends: earnings, earnings date, dividend rate and dividend yield;
Analyst Predictions: stock forecast and analyst ratings;
Analysis: Finny Score and buy or sell analysis;
Key Stats: revenue, market cap, revenue growth, profit margin, P/E ratio, P/B ratio, industry, sector, and number of employees.

And here is the list of questions we'll answer:
1. What are CSIQ earnings?
2. What is CSIQ stock forecast (i.e., prediction)?
3. CSIQ buy or sell? What is CSIQ Finny Score?
4. What are the reasons to buy CSIQ? Why should I buy CSIQ stock?
5. What are the reasons to sell CSIQ? Why should I sell CSIQ stock?
6. What are CSIQ key stats: revenue, market cap, revenue growth, profit margin, P/E ratio, P/B ratio industry, sector, and number of employees?

So let's start. Scroll down to the question that interests you the most.

Earnings and Dividends

1. What are CSIQ earnings?

CSIQ trailing 12-month earnings per share (EPS) is $4.25.

Analyst Predictions

2. What is CSIQ stock forecast (i.e., prediction)?

Based on CSIQ analyst price targets, CSIQ stock forecast is $30.99 (for a year from now). That means the average analyst price target for CSIQ stock is $30.99. The prediction is based on 11 analyst estimates.

The low price target for CSIQ is $24.00, while the high price target is $49.40.

CSIQ analyst rating is Hold.

Analysis

3. CSIQ buy or sell? What is CSIQ Finny Score?

#{finnyScore:78}Our quantitative analysis shows 7 reasons to buy and 2 reasons to sell CSIQ, resulting in Finny Score of 78.

4. What are the reasons to buy CSIQ? Why should I buy CSIQ stock?

Here are the reasons to buy CSIQ stock:

5. What are the reasons to sell CSIQ? Why should I sell CSIQ stock?

Let's look at the reasons to sell CSIQ stock (i.e., the bear case):

  • CSIQ quarterly revenue growth was -32.90%, lower than the industry and sector average revenue growth (-0.28% and 0.89%, respectively). See CSIQ revenue growth chart.
  • CSIQ short share of float is 4.68%. The stock is much more frequently shorted than the average industry, sector or S&P 500 stock. See CSIQ short share of float chart.

Key Stats

6. What are CSIQ key stats : revenue, market cap, revenue growth, profit margin, P/E ratio, P/B ratio industry, sector, and number of employees?

Let's look at the key statistics for CSIQ:

Metrics CSIQ
Price $35.51
Average Price Target / Upside $31.49 / -11.32%
Average Analyst Rating Hold
Forward Dividend Yield 0.00%
Industry Solar
Sector Technology
Number of Employees 12,129
Market Cap $2.34B
Forward P/E Ratio 11.99
Price/Book Ratio 0.73
Revenue (TTM) $3.2B
YoY Quarterly Revenue Growth -32.90%
Profit Margin 8.04%

If you liked this analysis, check out Stock Guides for other stocks.

Follow Us