Canadian Solar (CSIQ) Competitors

$16.31
+1.16 (+7.66%)
(As of 03:34 PM ET)

CSIQ vs. JKS, SHLS, XPER, DQ, SPWR, AMBA, MXL, KLIC, SEDG, and PUMP

Should you be buying Canadian Solar stock or one of its competitors? The main competitors of Canadian Solar include JinkoSolar (JKS), Shoals Technologies Group (SHLS), Xperi (XPER), Daqo New Energy (DQ), SunPower (SPWR), Ambarella (AMBA), MaxLinear (MXL), Kulicke and Soffa Industries (KLIC), SolarEdge Technologies (SEDG), and ProPetro (PUMP).

Canadian Solar vs.

JinkoSolar (NYSE:JKS) and Canadian Solar (NASDAQ:CSIQ) are both small-cap oils/energy companies, but which is the superior business? We will contrast the two businesses based on the strength of their media sentiment, community ranking, valuation, profitability, dividends, analyst recommendations, earnings, institutional ownership and risk.

JinkoSolar has higher revenue and earnings than Canadian Solar. JinkoSolar is trading at a lower price-to-earnings ratio than Canadian Solar, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
JinkoSolar$16.72B0.07$485.56M$7.853.02
Canadian Solar$7.61B0.13$274.19M$3.884.06

JinkoSolar currently has a consensus target price of $26.60, suggesting a potential upside of 10.19%. Canadian Solar has a consensus target price of $31.78, suggesting a potential upside of 105.42%. Given JinkoSolar's stronger consensus rating and higher probable upside, analysts clearly believe Canadian Solar is more favorable than JinkoSolar.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
JinkoSolar
1 Sell rating(s)
5 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
1.83
Canadian Solar
1 Sell rating(s)
4 Hold rating(s)
4 Buy rating(s)
0 Strong Buy rating(s)
2.33

35.8% of JinkoSolar shares are held by institutional investors. Comparatively, 52.4% of Canadian Solar shares are held by institutional investors. 19.8% of JinkoSolar shares are held by company insiders. Comparatively, 21.5% of Canadian Solar shares are held by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock is poised for long-term growth.

JinkoSolar has a beta of 0.37, indicating that its stock price is 63% less volatile than the S&P 500. Comparatively, Canadian Solar has a beta of 1.26, indicating that its stock price is 26% more volatile than the S&P 500.

In the previous week, JinkoSolar had 9 more articles in the media than Canadian Solar. MarketBeat recorded 16 mentions for JinkoSolar and 7 mentions for Canadian Solar. JinkoSolar's average media sentiment score of 0.58 beat Canadian Solar's score of 0.10 indicating that Canadian Solar is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
JinkoSolar
1 Very Positive mention(s)
3 Positive mention(s)
10 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Neutral
Canadian Solar
2 Very Positive mention(s)
1 Positive mention(s)
3 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive

Canadian Solar received 258 more outperform votes than JinkoSolar when rated by MarketBeat users. Likewise, 59.11% of users gave Canadian Solar an outperform vote while only 56.03% of users gave JinkoSolar an outperform vote.

CompanyUnderperformOutperform
JinkoSolarOutperform Votes
274
56.03%
Underperform Votes
215
43.97%
Canadian SolarOutperform Votes
532
59.11%
Underperform Votes
368
40.89%

Canadian Solar has a net margin of 3.60% compared to Canadian Solar's net margin of 2.89%. Canadian Solar's return on equity of 11.85% beat JinkoSolar's return on equity.

Company Net Margins Return on Equity Return on Assets
JinkoSolar2.89% 11.85% 3.00%
Canadian Solar 3.60%8.31%2.47%

Summary

Canadian Solar beats JinkoSolar on 12 of the 18 factors compared between the two stocks.

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New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding CSIQ and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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CSIQ vs. The Competition

MetricCanadian SolarSemiconductors & related devices IndustryEnergy SectorNASDAQ Exchange
Market Cap$1.02B$43.84B$7.27B$7.60B
Dividend YieldN/A2.20%11.48%3.94%
P/E Ratio4.0619.0815.3414.23
Price / Sales0.1314.9686.6683.54
Price / Cash1.4321.2411.3227.95
Price / Book0.275.053.294.52
Net Income$274.19M$915.12M$935.71M$212.12M
7 Day Performance5.28%12.58%5.82%4.46%
1 Month Performance-20.24%-0.90%6.22%-2.68%
1 Year Performance-57.88%3.99%6.48%7.62%

Canadian Solar Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
JKS
JinkoSolar
3.6665 of 5 stars
$22.88
+4.9%
$26.60
+16.3%
-51.3%$1.20B$16.72B2.9146,511News Coverage
Gap Up
SHLS
Shoals Technologies Group
3.7578 of 5 stars
$8.46
+0.4%
$20.94
+147.5%
-59.2%$1.44B$488.94M33.841,309Short Interest ↓
XPER
Xperi
0 of 5 stars
$9.60
-0.1%
$15.00
+56.3%
+4.8%$432.29M$521.33M-3.012,100Gap Up
DQ
Daqo New Energy
4.2269 of 5 stars
$23.01
+3.2%
$36.23
+57.5%
-48.3%$1.51B$2.31B4.254,099Short Interest ↓
News Coverage
Gap Down
SPWR
SunPower
3.8135 of 5 stars
$1.96
-8.4%
$4.76
+143.1%
-84.9%$343.71M$1.69B-1.433,480Upcoming Earnings
Analyst Report
Gap Down
AMBA
Ambarella
1.6987 of 5 stars
$41.25
+0.5%
$71.08
+72.3%
-30.5%$1.69B$226.47M-9.73937Analyst Upgrade
MXL
MaxLinear
1.1271 of 5 stars
$20.78
+4.8%
$26.09
+25.6%
-14.7%$1.70B$693.26M-23.351,328Earnings Report
KLIC
Kulicke and Soffa Industries
3.2983 of 5 stars
$46.17
+1.4%
$62.00
+34.3%
-1.3%$2.60B$742.49M51.303,025Upcoming Earnings
SEDG
SolarEdge Technologies
4.7674 of 5 stars
$56.77
+4.1%
$98.38
+73.3%
-79.6%$3.24B$2.98B126.165,633Gap Up
PUMP
ProPetro
3.9796 of 5 stars
$8.64
+2.2%
$13.00
+50.5%
+29.4%$929.41M$1.63B11.682,070Upcoming Earnings
Analyst Revision
News Coverage

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This page (NASDAQ:CSIQ) was last updated on 4/29/2024 by MarketBeat.com Staff

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