| What Makes Yingli Green Energy Holding (YGE) a Strong Sell? - Tale of the Tape | |
| | |
|
One such stock that you may want to consider dropping is Yingli Green Energy Holding Co. Ltd. (YGE), which has witnessed a significant price decline in the past four weeks, and it has seen negative earnings estimate revisions for the current quarter and the current year. A Zacks Rank #5 (Strong Sell) further confirms weakness in YGE.
A key reason for this move has been the negative trend in earnings estimate revisions. For the full year, we have seen 2 estimates moving down in the past 30 days, compared with no upward revision. This trend has caused the consensus estimate to trend lower, going from a loss of 2 cents a share a month ago to its current level of a loss of 22 cents.
Also, for the current quarter, Yingli Green Energy Holding has seen 2 downward estimate revisions versus no revision in the opposite direction, dragging the consensus estimate down to a loss of 17 cents a share from a loss of 6 cents over the past 30 days.
The stock also has seen some pretty dismal trading lately, as the share price has dropped 23.1% in the past month.
So it may not be a good decision to keep this stock in your portfolio anymore, at least if you don’t have a long time horizon to wait.
If you are still interested in the broader Oils-Energy sector, you may instead a better-ranked stock Cypress Energy Partners, L.P. (CELP) with a Zacks Rank #1 (Strong Buy).
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report YINGLI GREEN EN (YGE): Get Free Report CYPRESS EGY PTR (CELP): Get Free Report To read this article on Zacks.com click here. Zacks Investment Research
|
|
|
Yingli Green Energy Holding Co. Ltd.
|
|
|
CODE : YGE |
ISIN : US98584B1035 |
|
| |
ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Yingli Green is based in China. Yingli Green is listed in Germany and in United States of America. Its market capitalisation is US$ 261.7 millions as of today (€ 224.0 millions). Its stock quote reached its highest recent level on May 15, 2009 at US$ 9.62, and its lowest recent point on November 30, 2012 at US$ 1.25. Yingli Green has 181 764 000 shares outstanding. |