Back to top

Earnings Estimates Moving Higher for JA Solar (JASO): Time to Buy?
September 07, 2017

Read MoreHide Full Article

JA Solar Holdings Company Ltd. (JASO - Free Report) is a manufacturer of high-performance solar cells that could be an interesting play for investors. That is because, not only does the stock have decent short-term momentum, but it is seeing solid activity on the earnings estimate revision front as well.

These positive earnings estimate revisions suggest that analysts are becoming more optimistic on JASO’s earnings for the coming quarter and year. In fact, consensus estimates have moved sharply higher for both of these time frames over the past four weeks, suggesting that JA Solar could be a solid choice for investors.

Current Quarter Estimates for JASO

In the past 30 days, one estimate has gone higher for JA Solar while none have gone lower in the same time period. The trend has been pretty favorable too, with estimates increasing from a loss of 9 cents a share 30 days ago, to earnings of 18 cents today, a significant move.

Current Year Estimates for JASO

Meanwhile, JA Solar’s current year figures are also looking quite promising, with one estimate moving higher in the past month, compared to none lower. The consensus estimate trend has also seen a boost for this time frame, increasing from 1 cent per share 30 days ago to 61 cents per share today, a significant increase.

Bottom Line

The stock has also started to move higher lately, adding 8.9% over the past four weeks, suggesting that investors are starting to take note of this impressive story. So investors may definitely want to consider this Zacks Rank #1 (Strong Buy) stock to profit in the near future. You can see the complete list of today’s Zacks #1 Rank stocks here.

One Simple Trading Idea

Since 1988, the Zacks system has more than doubled the S&P 500 with an average gain of +25% per year. With compounding, rebalancing, and exclusive of fees, it can turn thousands into millions of dollars.

This proven stock-picking system is grounded on a single big idea that can be fortune shaping and life changing. You can apply it to your portfolio starting today.

Learn more >>




In-Depth Zacks Research for the Tickers Above


Normally $25 each - click below to receive one report FREE:


JA Solar Holdings, Co., Ltd. (JASO) - free report >>


More from Zacks Tale of the Tape

You May Like