Sky Solar Holdings Ltd (SKYS) Expected to Post Earnings of -$0.05 Per Share

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.

How to Become a New Pot Stock Millionaire

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.

An institutional investor recently bought a new position in Sky Solar stock. EnTrustPermal Partners Offshore LP purchased a new position in shares of Sky Solar Holdings Ltd (NASDAQ:SKYS) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 289,288 shares of the solar energy provider’s stock, valued at approximately $434,000. EnTrustPermal Partners Offshore LP owned about 0.07% of Sky Solar at the end of the most recent quarter. 0.30% of the stock is owned by institutional investors.

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.

COPYRIGHT VIOLATION WARNING: “Sky Solar Holdings Ltd (SKYS) Expected to Post Earnings of -$0.05 Per Share” was reported by Chaffey Breeze and is the sole property of of Chaffey Breeze. If you are viewing this piece of content on another publication, it was illegally stolen and reposted in violation of US & international copyright law. The correct version of this piece of content can be viewed at

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).

Get a free copy of the Zacks research report on Sky Solar (SKYS)

For more information about research offerings from Zacks Investment Research, visit

Receive News & Ratings for Sky Solar Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sky Solar and related companies with's FREE daily email newsletter.

Leave a Reply