| What Makes Yingli Green Energy Holding (YGE) a Strong Sell? - Tale of the Tape | |
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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
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Yingli Green Energy Holding Co. Ltd.
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CODE : YGE |
ISIN : US98584B1035 |
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ProfilIndicateurs de MarchéVALEUR : Projets & res.Communiqués de PresseRapport annuelRISQUE : Profile actifsContactez la cie |
Yingli Green est une société basée en Chine. Yingli Green est cotée aux Etats-Unis D'Amerique et en Allemagne. Sa capitalisation boursière aujourd'hui est 261,7 millions US$ (224,0 millions €). La valeur de son action a atteint son plus haut niveau récent le 15 mai 2009 à 9,62 US$, et son plus bas niveau récent le 30 novembre 2012 à 1,25 US$. Yingli Green possède 181 764 000 actions en circulation. |