Renesola Ltd. American Depsitary Shares (Each representing 10 shares) (SOL): Price and Financial Metrics


Renesola Ltd. American Depsitary Shares (Each representing 10 shares) (SOL)

Today's Latest Price: $1.20 USD

0.02 (-1.64%)

Updated Jul 2 4:10pm

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Overall POWR Rating


POWR Components:

 Trade Grade  Buy & Hold Grade  Peer Grade  Industry Rank


Industry Rank:

Ranked of 14 in Solar

See all "A" rated Strong Buy stocks

SOL Stock Summary

  • With a year-over-year growth in debt of -83.47%, ReneSola Ltd's debt growth rate surpasses just 2.37% of about US stocks.
  • Revenue growth over the past 12 months for ReneSola Ltd comes in at -90.71%, a number that bests only 1.12% of the US stocks we're tracking.
  • ReneSola Ltd's shareholder yield -- a measure of how much capital is returned to stockholders via dividends and buybacks -- is 95.49%, greater than the shareholder yield of 96.56% of stocks in our set.
  • Stocks with similar financial metrics, market capitalization, and price volatility to ReneSola Ltd are NMM, SATS, OMAB, OTEL, and ERI.
  • Visit SOL's SEC page to see the company's official filings. To visit the company's web site, go to www.renesolapower.com.
SOL Daily Price Range
SOL 52-Week Price Range

SOL Stock Price Chart Technical Analysis Charts


SOL Price/Volume Stats

Current price $1.20 52-week high $2.09
Prev. close $1.22 52-week low $0.85
Day low $1.20 Volume 32,168
Day high $1.25 Avg. volume 56,580
50-day MA $1.08 Dividend yield N/A
200-day MA $1.30 Market Cap 45.71M

Renesola Ltd. American Depsitary Shares (Each representing 10 shares) (SOL) Company Bio


ReneSola Ltd. manufactures and sells various solar power products. The company was founded in 2005 and is based in Yaozhuang Town, China.

SOL Price Forecast Based on DCF Valuation

Current PriceDCF Fair Value Target:Forecasted Gain:
$1.20$1.7451%

The table below illustrates the output of a discounted cash flow forecast using a variety of scenarios for ReneSola Ltd. To summarize, we found that ReneSola Ltd ranked in the 57th percentile in terms of potential gain offered. More precisely, our analysis suggests the stock is undervalued by approximately 51.5% on a DCF basis. As for the metrics that stood out in our discounted cash flow analysis of ReneSola Ltd, consider:

  • ReneSola Ltd's effective tax rate, as measured by taxes paid relative to net income, is at 44 -- greater than 93.68% of US stocks with positive free cash flow.
  • ReneSola Ltd's interest coverage rate -- a measure of gross earnings relative to interest payments -- comes in at 0.16. This coverage rate is greater than that of only 23.95% of stocks we're observing for the purpose of forecasting via discounted cash flows.
  • The weighted average cost of capital for the company is 10. This value is greater than 87.51% stocks in the Technology sector that generate free cash flow.


Terminal Growth Rate in Free Cash FlowReturn Relative to Current Share Price
0%48%
1%49%
2%51%
3%52%
4%54%
5%55%

For other companies in the Technology that have a similar discounted cashflow valuation profile (and ensuing price forecasts) as SOL, try CYBR, TSM, OTEX, ZBRA, and CPSI.


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Latest SOL News From Around the Web

Below are the latest news stories about ReneSola Ltd that investors may wish to consider to help them evaluate SOL as an investment opportunity.

Havens Help Johannesburg Stocks Post Best Quarter Since 2001

(Bloomberg) -- South African stocks are about to round off their strongest quarter in almost two decades, and the influence of the coronavirus pandemic is clear to see in the shares most responsible for driving the market higher.The FTSE/JSE Africa All Share Index has climbed 22% since the start of April, its best performance over any quarter since 2001. Emerging-market stocks, heading for their biggest gains since 2009, are up 17%. South Africa’s benchmark ranks eighth over the period among 93 major global indexes tracked by Bloomberg as of Monday’s close. It’s within 5.2% of erasing 2020’s losses.AngloGold Ashanti Ltd. and Gold Fields Ltd. are among the leading index-point contributors to the gains, as the uncertain times push traders toward the haven of bullion. Tech investor Naspers...

Yahoo | June 30, 2020

ReneSola Enters Consortium to Build 30MW Solar Plant in France

Within the consortium, ReneSola (SOL) will develop a large-scale ground-mounted solar power plant

Yahoo | June 11, 2020

ReneSola to develop French solar project

ReneSola (SOL) +7.6% pre-market after saying it will participate in a consortium led by French power producer Tenergie to develop a large-scale ground-mounted solar plant in the country.The plant is expected to produce 46 GWh, and supply electricity to ~10K households per year.The consortium will develop the power plant covering 30...

Seeking Alpha | June 10, 2020

ReneSola Power to Develop a 30-hectare Ground-mounted Solar Project in France

ReneSola Ltd ("ReneSola Power" or the "Company") (www.renesolapower.com) (NYSE: SOL), a leading fully integrated global solar project developer, today announced that it will participate in a consortium to develop a large-scale ground-mounted solar plant in the south of France. The plant is expected to produce 46 GWh, and supply electricity to approximately 10,000 households per year.

Yahoo | June 10, 2020

ReneSola Sells 10.4-MW Solar Portfolio to Nautilus Solar

The recent solar portfolio deal is the fourth transaction between ReneSola (SOL) and Nautilus in the last three years.

Yahoo | June 8, 2020

Read More 'SOL' Stories Here

SOL Price Returns

1-mo 1.69%
3-mo 16.81%
6-mo -13.67%
1-year -7.69%
3-year -50.41%
5-year -82.86%
YTD -15.19%
2019 18.91%
2018 -55.26%
2017 -16.88%
2016 -62.35%
2015 20.57%

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