Equities research analysts expect Sky Solar Holdings Ltd (NASDAQ:SKYS) to announce earnings per share of ($0.05) for the current fiscal quarter, Zacks reports. Zero analysts have made estimates for Sky Solar’s earnings. The firm is scheduled to report its next earnings results on Monday, January 1st.
On average, analysts expect that Sky Solar will report full year earnings of $0.10 per share for the current year, with EPS estimates ranging from ($0.04) to $0.24. For the next year, analysts anticipate that the business will report earnings of $0.04 per share. Zacks Investment Research’s earnings per share averages are a mean average based on a survey of research analysts that that provide coverage for Sky Solar.
A number of analysts recently commented on the stock. ValuEngine upgraded shares of Sky Solar from a “sell” rating to a “hold” rating in a research note on Tuesday, April 3rd. BidaskClub cut shares of Sky Solar from a “hold” rating to a “sell” rating in a research note on Monday, March 19th. One research analyst has rated the stock with a sell rating, two have given a hold rating and two have issued a buy rating to the company. The company currently has an average rating of “Hold” and a consensus target price of $3.92.
SKYS stock remained flat at $$1.25 during trading on Wednesday. 29,595 shares of the company were exchanged, compared to its average volume of 82,986. The firm has a market cap of $487.54, a PE ratio of -24.40, a PEG ratio of 0.36 and a beta of 1.10. Sky Solar has a one year low of $0.82 and a one year high of $2.43.
About Sky Solar
Sky Solar Holdings, Ltd. is an investment holding company. The Company is an independent power producer (IPP) engaged in developing, owning and operating solar parks. The Company focuses on the downstream solar market and develops projects primarily in Asia, South America, Europe and North America. Its subsidiaries are engaged in activities, such as selling electricity generated from solar parks owned by the Company as IPP; pipeline (including obtaining permits required for solar power projects and sourcing of solar modules), and providing engineering, procurement and construction (EPC) services ; providing operating and maintenance (O&M) services for solar parks; sales of solar modules, and building and transferring of solar parks (BT).
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