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).
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.
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.
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.
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.
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.
Summary
Canadian Solar beats JinkoSolar on 12 of the 18 factors compared between the two stocks.
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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.
Skip ChartThis 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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