Canadian Solar Stock Today
| CSIQ Stock | USD 11.91 0.61 5.40% |
Performance0 of 100
| Odds Of DistressLess than 1
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Canadian Solar is selling at 11.91 as of the 25th of November 2024; that is 5.40 percent increase since the beginning of the trading day. The stock's last reported lowest price was 11.03. Canadian Solar has a very small chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for Canadian Solar are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 5th of May 2023 and ending today, the 25th of November 2024. Click here to learn more.
Business Domain Semiconductors & Semiconductor Equipment | IPO Date 9th of November 2006 | Category Technology | Classification Information Technology |
Canadian Solar Inc., together with its subsidiaries, designs, develops, manufactures, and sells solar ingots, wafers, cells, modules, and other solar power and battery storage products in Asia, the Americas, Europe, and internationally. The company was incorporated in 2001 and is headquartered in Guelph, Canada. The company has 66.17 M outstanding shares of which 9.96 M shares are currently shorted by private and institutional investors with about 3.99 trading days to cover. More on Canadian Solar
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Canadian Stock Highlights
ESG Sustainability
Environmental | Governance | Social |
| Chairman | Xiaohua Qu | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Semiconductors & Semiconductor Equipment, Information Technology, NASDAQ Composite, NASDAQ Composite Total, Information Technology, Semiconductors & Semiconductor Equipment, Solar, Technology (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Financial Strength
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Debt LevelsCanadian Solar can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Canadian Solar's financial leverage. It provides some insight into what part of Canadian Solar's total assets is financed by creditors.
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Canadian Solar (CSIQ) is traded on NASDAQ Exchange in USA. It is located in 545 Speedvale Avenue West, Guelph, ON, Canada, N1K 1E6 and employs 22,234 people. Canadian Solar is listed under Semiconductors & Semiconductor Equipment category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a current market capitalization of 788.14 M. Canadian Solar conducts business under Semiconductors & Semiconductor Equipment sector and is part of Information Technology industry. The entity has 66.17 M outstanding shares of which 9.96 M shares are currently shorted by private and institutional investors with about 3.99 trading days to cover.
Canadian Solar currently holds about 1.05 B in cash with 684.62 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 16.4, which can makes it an attractive takeover target, given it will continue generating positive cash flow.
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Ownership AllocationCanadian Solar holds a total of 66.17 Million outstanding shares. Over half of Canadian Solar's outstanding shares are owned by other corporate entities. These other corporate entities are typically referred to as corporate investors that acquire positions in a given instrument to benefit from reduced trade commissions. Please note that no matter how many assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.
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Canadian Stock Institutional Holders
| Instituion | Recorded On | Shares | |
| Group One Trading, Lp | 2024-06-30 | 765.7 K | |
| State Street Corp | 2024-06-30 | 460.9 K | |
| Bank Of America Corp | 2024-06-30 | 370 K | |
| Morgan Stanley - Brokerage Accounts | 2024-06-30 | 348.9 K | |
| Bnp Paribas Arbitrage, Sa | 2024-06-30 | 328.7 K | |
| Robotti Robert | 2024-06-30 | 312.7 K | |
| Simplex Trading, Llc | 2024-06-30 | 303.4 K | |
| D. Scott Neal Inc | 2024-06-30 | 264.3 K | |
| Decade Renewable Partners Lp | 2024-09-30 | 245.4 K | |
| Blackrock Inc | 2024-06-30 | 5.2 M | |
| Mackenzie Investments | 2024-09-30 | 5.2 M |
Canadian Solar Historical Income Statement
Canadian Stock Against Markets
Canadian Solar Corporate Executives
Elected by the shareholders, the Canadian Solar's board of directors comprises two types of representatives: Canadian Solar inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Canadian. The board's role is to monitor Canadian Solar's management team and ensure that shareholders' interests are well served. Canadian Solar's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Canadian Solar's outside directors are responsible for providing unbiased perspectives on the board's policies.
Additional Tools for Canadian Stock Analysis
When running Canadian Solar's price analysis, check to measure Canadian Solar's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Canadian Solar is operating at the current time. Most of Canadian Solar's value examination focuses on studying past and present price action to predict the probability of Canadian Solar's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Canadian Solar's price. Additionally, you may evaluate how the addition of Canadian Solar to your portfolios can decrease your overall portfolio volatility.