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Canadian Solar Inc. (CSIQ)

Stock Price: $41.98 USD -0.78 (-1.82%)
Updated December 1, 4:00 PM EST - Market closed
After-hours: $41.88 -0.10 (-0.24%) Dec 1, 7:49 PM

Stock Price Chart

Key Info

Market Cap 2.49B
Revenue (ttm) 3.20B
Net Income (ttm) 171.59M
Shares Out 59.37M
EPS (ttm) 3.44
PE Ratio 12.20
Forward PE n/a
Dividend n/a
Dividend Yield n/a

Stock Quote

Trading Day December 1
Last Price $41.98
Previous Close $42.76
Change ($) -0.78
Change (%) -1.82%
Day's Open 44.00
Day's Range 41.89 - 44.10
Day's Volume 2,042,129
52-Week Range 13.24 - 44.17

More Stats

Market Cap 2.49B
Enterprise Value 3.78B
Earnings Date (est) n/a
Ex-Dividend Date n/a
Shares Outstanding 59.37M
Float n/a
EPS (basic) 2.88
EPS (diluted) 3.44
FCF / Share n/a
Dividend n/a
Dividend Yield n/a
Earnings Yield 8.19%
FCF Yield n/a
Payout Ratio n/a
Shares Short 5.20M
Short Ratio 1.96
Short % of Float n/a
Beta 1.44
PE Ratio 12.20
Forward PE n/a
P/FCF Ratio n/a
PS Ratio 0.78
PB Ratio 1.69
Revenue 3.20B
Operating Income 258.88M
Net Income 171.59M
Free Cash Flow n/a
Net Cash -1.29B
Net Cash / Share -21.71
Gross Margin 21.41%
Operating Margin 8.09%
Profit Margin 5.40%
FCF Margin n/a
ROA 3.81%
ROE 13.10%
ROIC 8.60%
Stats based on trailing-twelve-month (ttm) numbers.

Analyst Forecasts

Analyst Ratings (7)

Buy 5
Overweight 0
Hold 2
Underweight 0
Sell 0

Analyst Consensus: Buy

Price Target

$44.57*
(6.17% upside)
Low
35.0
Current: $41.98
High
50.0
Target: 44.57
*Average 12-month price target from 7 stock analysts.

Financial Performance

Financial numbers in millions USD.

Financial Overview

Year2019201820172016201520142013201220112010
Revenue3,2013,7453,3902,8533,4682,9611,6541,2951,8991,496
Revenue Growth-14.53%10.44%18.83%-17.72%17.12%78.96%27.77%-31.81%26.97%-
Gross Profit71877563841757758127690.36182229
Operating Income25936526993.16247366131-1436.83120
Net Income17223799.5765.2517224031.66-195-90.8050.57
Shares Outstanding59.6358.9158.1757.5255.7354.4146.3143.1943.0842.84
Earnings Per Share2.833.881.691.122.934.110.63-4.53-2.111.16
EPS Growth-27.06%129.59%50.89%-61.77%-28.71%552.38%----
Operating Cash Flow-216204204414265230-14860.12-58.49
Capital Expenditures--298-182-182-643-64.35-23.13-60.48-205-134
Free Cash Flow--82.2022.0122.01-229201206-208-145-193
Cash & Equivalents1,2119461,1961,0111,094999679564522476
Total Debt2,5002,2623,0733,1062,3831,3981,2881,305964621
Net Cash / Debt-1,289-1,317-1,878-2,096-1,289-399-609-740-442-145
Assets5,4674,8935,8905,4074,4143,0722,4542,2591,8801,423
Liabilities4,0423,6204,8304,5073,5812,3402,0411,9131,413888
Book Value1,3931,2251,032885819717391291466534
Numbers in millions USD, except per-share numbers.

Company Profile

Company Details

Full Name Canadian Solar Inc.
Country Canada
Employees 13,478
CEO Shawn Qu

Stock Information

Ticker Symbol CSIQ
Stock Exchange NASDAQ
Sector Technology
Industry Solar
Unique Identifier NASDAQ: CSIQ
IPO Date November 9, 2006

Description

Canadian Solar, together with its subsidiaries, designs, develops, manufactures, and sells solar ingots, wafers, cells, modules, and other solar power products. The company operates through two segments, Module and System Solutions (MSS), and Energy. The MSS segment engages in the design, development, manufacture, and sale of a range of solar power products, including standard solar modules, specialty solar products, and solar system kits that are a ready-to-install packages comprising inverters, racking systems, and other accessories. It also provides engineering, procurement, and construction; and operation and maintenance (O&M) services. This segment's energy solution products include solar inverters and energy storage systems for utility, commercial, residential, and specialty product applications. Its O&M services include inspections, repair, and replacement of plant equipment; and site management and administrative support services for solar power projects. The Energy segment engages in the development and sale of solar power projects; and operation of solar power plants and sale of electricity. As of January 31, 2020, this segment had a fleet of solar power plants in operation with an aggregate capacity of approximately 880.2 MWp. The company's primary customers include distributors, system integrators, project developers, and installers/EPC companies. Canadian Solar Inc. sells its products primarily under its Canadian Solar brand name; and on an OEM basis. It has operations in North America, South America, Europe, South Africa, the Middle East, Australia, Asia, and internationally. The company was founded in 2001 and is headquartered in Guelph, Canada.