CSIQ - Canadian Solar Inc.
| Previous Close | 19.14 |
| Open | 19.19 |
| Bid | 18.22 x 1000 |
| Ask | 19.71 x 1800 |
| Day's Range | 18.92 - 19.37 |
| 52 Week Range | 11.37 - 25.89 |
| Volume | 612,095 |
| Avg. Volume | 969,301 |
| Market Cap | 1.114B |
| Beta (3Y Monthly) | 1.82 |
| PE Ratio (TTM) | 4.90 |
| EPS (TTM) | 3.88 |
| Earnings Date | May 14, 2019 - May 21, 2019 |
| Forward Dividend & Yield | N/A (N/A) |
| Ex-Dividend Date | N/A |
| 1y Target Est | 22.72 |
- ACCESSWIRE•4 days ago
Cleantech Play to Research Today
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Kohl's, Shopify, Canadian Solar, Sunworks and Sunrun highlighted as Zacks Bull and Bear of the Day
Kohl's, Shopify, Canadian Solar, Sunworks and Sunrun highlighted as Zacks Bull and Bear of the Day
- Zacks•10 days ago
3 Solar Stocks Worth Buying Ahead of This Earnings Season
With a backlog of utility-scale projects and new policy incentives in key states, the outlook for solar jobs is expected to improve in 2019
- Zacks•10 days ago
Here's Why You Should Add Canadian Solar (CSIQ) to Portfolio
Expansion of global footprint is expected to boost Canadian Solar's (CSIQ) performance.
- Zacks•11 days ago
Canadian Solar (CSIQ) Stock Moves -1.91%: What You Should Know
Canadian Solar (CSIQ) closed at $18.45 in the latest trading session, marking a -1.91% move from the prior day.
- InvestorPlace•11 days ago
9 High-Risk Stocks to Buy for Massive Rewards
[Editor's note: This story was previously published in November 2018. It has since been updated and republished.]Slow and steady wins the race, as the old adage goes. But slow and steady can be a bit boring. Investors looking for stocks to buy, as a rule, should focus on high-quality, and preferably, lower-risk issues.Still, there's room in any investor's portfolio for higher-risk, higher-reward plays -- as long as those risks are understood.InvestorPlace - Stock Market News, Stock Advice & Trading TipsIn that vein, here are 10 stocks to buy that offer potentially significant rewards … and almost as much risk. None of these stocks should be a core part of a portfolio, and all have the potential to blow up in your face. * 10 Dow Jones Stocks Holding the Blue Chip Index Back But taking those risks also creates the possibility of a major reward. It's likely at least a few of these stocks will wind up big winners going forward. Teva Pharmaceutical (TEVA)Teva Pharmaceutical (NYSE:TEVA) isn't having a great year, down just about 7%.Teva has too much debt and too little growth. Its key drug, Copaxone, which treats multiple sclerosis, is facing generic competition from Mylan (NASDAQ:MYL), among others. Bankruptcy likely isn't a near-term scenario but the current trajectory suggests it could occur down the line. In short, TEVA is a classic contrarian, "buy when there's blood in the streets" type of play. And there are reasons TEVA is one of these great (if risky) stocks to buy.While pressure has persisted on generic drugs, but it won't last forever.The company has sold assets to clean up its balance sheet, which has de-risked the story somewhat. In my opinion, Teva is a better version of Valeant, but with an easier path back to normalcy.It's a risky path, but if it works TEVA could gain another 20%-plus simply by reaching a higher multiple and removing bankruptcy fears.Source: Shutterstock Scientific Games Corp (SGMS)The story already has played out somewhat at Scientific Games (NASDAQ:SGMS), which is up 14.23% so far this year. But the growth story isn't necessarily over.Only a few years ago, Scientific Games was a sleepy, low-growth provider of lottery tickets and terminals. But in quick succession, SciGames acquired slot machine manufacturers WMS Industries and Bally Technologies, the latter coming only months after Bally bought equipment maker and gaming table designer Shuffle Master. Scientific Games became the dominant supplier to the casino industry worldwide: a "one-stop shop" for casino floors.It also became one of the most indebted companies in the U.S. markets and still is. The combination of that debt and careful cost controls at casinos, particularly in the U.S., kept SGMS stock below $20 to start the year. * 8 Risky Stocks to Watch as Earnings Season Kicks Off But it now looks like the long-awaited "replacement cycle" of slot machines is arriving and that could be hugely beneficial for Scientific Games and its smaller, similar rival Everi Holdings Inc (NYSE:EVRI). And considering how much leverage is still on the balance sheet, there's a case for SGMS to clear $100 -- yes, $100 -- if profit growth accelerates.That's not a guarantee, obviously, but it's the nature of highly indebted companies. Leverage is a weight when those companies struggle, and it's a springboard when they grow.Source: Chesapeake Energy Chesapeake Energy (CHK)In the case of Chesapeake Energy Corporation (NYSE:CHK), leverage has been a weight. After optimism about stable energy prices and Chesapeake's improved balance sheet boosted CHK stock in 2017, it was nothing but downhill in 2018. CHK now trades up ,pre than 57% since the beginning of the year. This could be the upswing you've been waiting for.I think CHK is the best, if riskiest, of the stocks to buy on higher energy prices. At the least, Chesapeake has bought itself more time for those prices to work higher. It's also worth pointing out that Chesapeake bonds actually have been rather stable so far this year. Efficiency improvements at the wellhead have lowered costs as well.Chesapeake is a risky play, but the combination of debt on the balance sheet and leverage from higher energy prices mean that with a couple of changes, CHK could soar.Source: Web Summit Via Flickr Splunk (SPLK)Splunk (NASDAQ:SPLK), on the other hand, isn't the cheapest stock in its space or anywhere else. The high-flying "operational intelligence" software provider trades up nearly 30% since the beginning of the year alone.The valuation alone shows the risk in SPLK, which has pulled back from brief early-2014 highs above $100. But since that pullback, SPLK stock actually has been rather stable, as investors give the company time to grow into its valuation.Meanwhile, Splunk continues to be a likely acquisition target, with Cisco (NASDAQ:CSCO) cited as a potential buyer in June and International Business Machines (NYSE:IBM) long thought to be a logical acquirer. * 7 High-Risk Stocks With Big Potential Rewards Splunk is a classic growth stock in that it, too, is high-risk and high-reward. But it looks like one of the better growth stocks to buy in what might be an over-aggressive market at the moment.Source: Shutterstock Ship Finance International (SFL)The shipping space generally has been a "Bermuda Triangle" for investor capital, but Ship Finance International (NYSE:SFL) might be the exception to the rule.There's likely to be some near-term volatility and Ship Finance's dividend, which currently yields 10.95%, could be at risk, but it's still one of those great stocks to buy if you can handle the risk.But this also remains one of the best plays in shipping, available for a modest premium to book value and at low-teens multiple to earnings. The industry alone, and a heavily leveraged balance sheet, both show the risk.But if Ship Finance can make it through some choppy waters over the next few months, there's likely a nice return for shareholders on the other side. GW Pharmaceuticals (GWPH)There's no sector of the market more boom-and-bust than biotech and drug development. GW Pharmaceuticals (NASDAQ:GWPH) doubles down on that volatility by developing its drugs from marijuana.But GW Pharmaceuticals isn't one of those fly-by-night penny stocks to buy based on legalized weed. It's a $2.6 billion pharmaceutical company with a legitimate lead product candidate in Epidiolex, aimed to treat Dravet Syndrome and Lennox-Gastaut Syndrome. Sativex, used to treat multiple sclerosisSativex, used to treat multiple sclerosis spasticity, already is on the market. And another compound has potential uses to fight epilepsy and treat autism spectrum disorders. * 10 Medical Marijuana Stocks to Cure Your Portfolio Like most drug development plays, GWPH is high-risk. But there's reason for investors to hold long-term optimism toward the company's pipeline. Success in getting those drugs to market likely would make GWPH an acquisition target at some point suggesting a significant upside from current levels. If it happens, analysts see GWPH stock surging near 30%.That in turn, would suggest likely significant upside from current levels for GWPH stock.Source: Shutterstock Canadian Solar (CSIQ)Considering that solar power actually is gaining an increasing share of the U.S. market, in particular, it's surprising that solar stocks including Canadian Solar (NASDAQ:CSIQ) actually haven't done all that well. SolarCity had to be rescued by Tesla (NASDAQ:TSLA). First Solar (NASDAQ:FSLR) is down from multi-year highs despite the recent strength.There are risks for CSIQ, in particular. "Commoditization" and price pressure could hit margins. Still, demand for CSIQ equipment is growing, the stock isn't terribly highly valued, and it's lagged of late while FSLR, in particular, has risen.Solar stocks are likely to stay choppy for a while, but CSIQ should have some room to run if it can get through the second half of the year.Source: Helgi Halldorsson via Flickr Superior Industries International (SUP)Superior Industries International (NYSE:SUP) is on the move again. Shipments of the company's aluminum wheels hit a record last year and it's starting to pay off.Auto parts stocks as a whole have had trouble, driven by "peak auto" concerns in the space. Superior itself has had a couple of missteps that impacted margins, and profits. And with SUP one of the more indebted companies in the sector, both factors have had an amplified impact on Superior's share price. * 7 Biometric Stocks to Watch as AI Rises But there's a reason to see a reversal as well, which is what makes SUP one of the smart stocks to buy. Near-term auto sales may be coming down, particularly in the U.S.Last year's acquisition of European supplier UNIWHEELS improved Superior's position overseas. And there is room to improve execution, and hopefully, margins, going forward.SUP does have potential downside risk, particularly if global macro concerns arise, pressuring auto sales and dropping SUP earnings further. But for contrarians who think the auto parts selloff is overdone, SUP is one of the more intriguing plays.Source: Rob Wall via Flickr (Modified) Chegg (CHGG)Chegg (NYSE:CHGG) is another of the growth stocks to buy with a high valuation and a big opportunity. The company began as an online textbook rental company. But it wound up outsourcing that business to another provider and since has focused on becoming the dominant digital platform for U.S. college students.And Chegg is having some success. Revenues are growing and adjusted EBITDA has turned positive after years of losses. The company's tutors and study services businesses are growing rapidly, and it's becoming a fixture in the college landscape.There are risks here beyond valuation. Like so many companies, Amazon is a potential competitor down the line, given its efforts to offer free Prime services to college students. But at this point, it might simply be easier for Amazon to buy Chegg, rather than expend the resources to try and fight it.With each passing quarter, Chegg gets more and more entrenched. And that only serves to strengthen the bull case for CHGG stock.As of this writing, Vince Martin did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 8 Cheap Stocks That Are Leading the Blue Chips * 7 Straight-A Stocks to Build a Portfolio Around * Forget the FANGs -- Buy These 5 Tech Stocks Instead Compare Brokers The post 9 High-Risk Stocks to Buy for Massive Rewards appeared first on InvestorPlace.
- Zacks•12 days ago
Is Canadian Solar (CSIQ) Outperforming Other Oils-Energy Stocks This Year?
Is (CSIQ) Outperforming Other Oils-Energy Stocks This Year?
- Zacks•20 days ago
Canadian Solar (CSIQ) Stock Moves -0.52%: What You Should Know
Canadian Solar (CSIQ) closed the most recent trading day at $18.99, moving -0.52% from the previous trading session.
- PR Newswire•20 days ago
Canadian Solar Subsidiary Recurrent Energy Secures $50 Million Letter of Credit Facility from Natixis
GUELPH, Ontario, Canada , April 2, 2019 /PRNewswire/ -- Canadian Solar Inc. ("Canadian Solar" or "the Company") (NASDAQ: CSIQ) today announced that its wholly owned subsidiary Recurrent ...
- Motley Fool•27 days ago
Why Solar Stocks Are Getting Pummeled
2019 might not be good for solar companies, particularly in manufacturing.
- Thomson Reuters StreetEvents•27 days ago
Edited Transcript of CSIQ earnings conference call or presentation 21-Mar-19 12:00pm GMT
Q4 2018 Canadian Solar Inc Earnings Call
- Zacks•28 days ago
Canadian Solar (CSIQ) Dips More Than Broader Markets: What You Should Know
Canadian Solar (CSIQ) closed the most recent trading day at $18.50, moving -1.33% from the previous trading session.
- Zacks•28 days ago
Will the Sun Shine on Solar Stocks This Year? 4 Picks
Per a projection by the EIA, the U.S. electric power sector is set to add more than 4 GW of new solar capacity in 2019.
- Motley Fool•last month
Why Guess?, Canadian Solar, and Lands' End Slumped Today
Competition and poor earnings results left these stocks out of the rally.
- Motley Fool•last month
Why Canadian Solar Shares Plunged 18.7% Today
2019 doesn't look bright for this solar giant.
Motley Fool•last monthCanadian Solar Inc (CSIQ) Q4 2018 Earnings Conference Call Transcript
CSIQ earnings call for the period ending December 31, 2018.
- InvestorPlace•last month
Canadian Solar Earnings: CSIQ Stock Slides Lower on Profit Warning
The Canadian Solar earnings report for the fourth quarter of 2018 has CSIQ stock falling hard on Thursday.Source: Shutterstock The bad news for Canadian Solar (NASDAQ:CSIQ) stock has to do with the company's outlook for 2019. This includes the company saying that it is expecting net profit for the first quarter of the year to be low or negative when compared to the first quarter of 2018.To go along with the low net profit guidance for the first quarter is a grim revenue outlook. Canadian Solar notes that it is expecting revenue for the period to range from $450 million to $480 million. That will have it coming in well below Wall Street's revenue estimate of $875.41 million for the quarter.InvestorPlace - Stock Market News, Stock Advice & Trading TipsThe outlook for the full year of 2019 in the most recent Canadian Solar earnings report also doesn't look good. This includes the solar panel manufacturing company saying that it expects net profit for the year to be lower than it was in the previous year. * 10 Stocks on the Rise Heading Into the Second Quarter The Canadian Solar earnings report for the fourth quarter of 2018 also includes its revenue outlook for 2019. The company is expecting revenue to for the year to come in between $3.50 billion and $3.80 billion. Unfortunately for CSIQ stock, analysts are looking for it to report revenue of $3.94 billion for the full year of 2019.CSIQ stock was down 16% as of Thursday afternoon, but is up 63% since the start of the year. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Specialty Retail ETFs to Buy the Industry's Disruption * 5 Stocks To Buy for the Happiest Employees * 3 Out-of-Favor Consumer Stocks to Buy As of this writing, William White did not hold a position in any of the aforementioned securities.Compare Brokers The post Canadian Solar Earnings: CSIQ Stock Slides Lower on Profit Warning appeared first on InvestorPlace.
- TheStreet.com•last month
Canadian Solar Spirals Downward After Low 2019 Guidance
Canadian Solar plunged $4.07, or 17.3%, to $19.55 in trading Tuesday on the new guidance company executives put forward that was below forecasts. Canadian Solar expects its profit to be less in 2019 than it was this past year, citing lower module ASP and lower sales from solar projects. This acceleration, however, will result in a reduction in solar project sale revenue and profit in 2019," Canadian Solar CEO Shawn Qu said in a press release.
- Zacks•last month
Canadian Solar (CSIQ) Q4 Earnings & Revenues Top Estimates
Canadian Solar (CSIQ) reported earnings of $1.81 per share in the fourth quarter of 2018 compared with $1.01 in the year-ago quarter.
- ACCESSWIRE•last month
How Cannabis is Going 'Greener'
HENDERSON, NV / ACCESSWIRE / March 21, 2019 / The electricity consumption of cannabis grow houses is staggering when compared to business and residential use. In 2015, the average electricity consumption ...
- Associated Press•last month
Canadian Solar: 4Q Earnings Snapshot
The Guelph, Ontario-based company said it had profit of $1.81 per share. Earnings, adjusted for non-recurring gains, were $1.61 per share. The solar wafers manufacturer posted revenue of $901 million in ...
- PR Newswire•last month
Canadian Solar Reports Fourth Quarter and Full Year 2018 Results
GUELPH, Ontario , March 21, 2019 /PRNewswire/ -- Canadian Solar Inc. ("Canadian Solar" or the "Company") (NASDAQ: CSIQ), one of the world's largest solar power companies, today announced ...
- ETF Trends•last month
Solar ETF Higher by Nearly 30% Year-to-Date
The Invesco Solar ETF (TAN), the largest exchange traded fund dedicated to solar equities, is higher by nearly 30% year-to-date, making it one of 2019's best-performing non-leveraged ETFs. TAN could deliver more upside if analysts' expectations on some of the fund's marquee holdings are proven accurate. TAN, which is nearly 12 years old, follows the MAC Global Solar Energy Index.
- Zacks•last month
Canadian Solar (CSIQ) to Post Q4 Earnings: What's in Store?
Canadian Solar's (CSIQ) consistent focus on reducing its cost of production is commendable. This should get duly reflected in its Q4 results.
- Zacks•last month
Top Ranked Growth Stocks to Buy for March 14th
Top Ranked Growth Stocks to Buy for March 14th
