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How to buy Canadian Solar stock (CSIQ)

Buy Canadian Solar stock in 5 easy steps, view past price performance and learn what’s ahead for the company.

Canadian Solar is a solar business based in the US. Canadian Solar shares (CSIQ) are listed on the NASDAQ and all prices are listed in US Dollars. Canadian Solar employs 22,234 staff and has a trailing 12-month revenue of around $7.2 billion.

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  4. Search for the stock name – CSIQ. Search for the stock by name or ticker symbol.
  5. Buy the stock. Place your order. It's that simple.

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Canadian Solar stock price (NASDAQ: CSIQ)

Use our graph to track the performance of CSIQ stocks over time.

Canadian Solar shares at a glance

Information last updated 2024-07-21.
Latest market close$16.20
52-week range$13.80 - $38.80
50-day moving average $16.84
200-day moving average $19.85
Wall St. target price$24.81
PE ratio 5.5017
Dividend yield N/A (0%)
Earnings per share (TTM) $2.87

Is it a good time to buy Canadian Solar stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

Canadian Solar price performance over time

Historical closes compared with the close of $16.2 from 2024-07-25

1 week (2024-07-19) 2.60%
1 month (2024-06-27) 4.52%
3 months (2024-04-26) 6.93%
6 months (2024-01-26) -29.47%
1 year (2023-07-27) -55.32%
2 years (2022-07-27) -52.44%
3 years (2021-07-27) 38.31
5 years (2019-07-26) 20.41

Is Canadian Solar stock undervalued or overvalued?

Valuing Canadian Solar stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Canadian Solar's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Canadian Solar's P/E ratio

Canadian Solar's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 6x. In other words, Canadian Solar shares trade at around 6x recent earnings.

That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.

Canadian Solar's PEG ratio

Canadian Solar's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 0.1937. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.

The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Canadian Solar's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.

Canadian Solar's EBITDA

Canadian Solar's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $722.9 million.

The EBITDA is a measure of a Canadian Solar's overall financial performance and is widely used to measure a its profitability.

Canadian Solar financials

Revenue TTM $7.2 billion
Operating margin TTM 3.69%
Gross profit TTM $1.3 billion
Return on assets TTM 2.11%
Return on equity TTM 9.57%
Profit margin 2.8%
Book value $38.24
Market Capitalization $1 billion

TTM: trailing 12 months

Canadian Solar share dividends

We're not expecting Canadian Solar to pay a dividend over the next 12 months.

Canadian Solar share price volatility

Over the last 12 months, Canadian Solar's shares have ranged in value from as little as $13.8 up to $38.8. A popular way to gauge a stock's volatility is its "beta".

CSIQ.US volatility(beta: 1.28)Avg. volatility(beta: 1.00)LowHigh

Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while Canadian Solar's is 1.283. This would suggest that Canadian Solar's shares are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).

Canadian Solar overview

Canadian Solar Inc. , together with its subsidiaries, provides solar energy and battery energy storage products and solutions in in Asia, the Americas, Europe, and internationally. The company operates through two segments, CSI Solar and Recurrent Energy. The CSI Solar segment designs, develops, and manufactures solar ingots, wafers, cells, modules, and other solar power and battery storage products. It offers standard solar modules and battery storage solutions; solar system kits, such as inverters, racking systems, and other accessories; power electronic products; and engineering, procurement, and construction (EPC) services, as well as operates battery energy storage projects. The Recurrent Energy segment engages in the development, construction, maintenance, and sale of solar power and battery storage projects; and operation of solar power plants; and sale of electricity. This segment provides operation and maintenance (O&M) services, including monitoring, inspections, repair, and replacement of plant equipment; and site management and administrative support services for solar projects, as well as asset management services.

Frequently asked questions

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What percentage of Canadian Solar is owned by insiders or institutions?
Currently 28.535% of Canadian Solar shares are held by insiders and 54.026% by institutions.
How many people work for Canadian Solar?
Latest data suggests 22,234 work at Canadian Solar.
When does the fiscal year end for Canadian Solar?
Canadian Solar's fiscal year ends in December.
Where is Canadian Solar based?
Canadian Solar's address is: 545 Speedvale Avenue West, Guelph, ON, Canada, N1K 1E6
What is Canadian Solar's ISIN number?
Canadian Solar's international securities identification number is: CA1366351098
What is Canadian Solar's CUSIP number?
Canadian Solar's Committee on Uniform Securities Identification Procedures number is: 136635109

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