Home / Tech & Systems / Canadian Solar Inc. (NASDAQ:CSIQ) Reflecting Its Expectation To Sell Solar Project Holdings in Outlook- Himax Technologies (NASDAQ:HIMX), Jack in the Box (NASDAQ:JACK)

Canadian Solar Inc. (NASDAQ:CSIQ) Reflecting Its Expectation To Sell Solar Project Holdings in Outlook- Himax Technologies (NASDAQ:HIMX), Jack in the Box (NASDAQ:JACK)

Canadian Solar Inc. (NASDAQ:CSIQ) [Trend Analysis] jumped over 12% in last session after it revealed on that it lifted revenue outlook for the full year 2016 to be in the range of $3B to 3.2B, increased from $2.9B to $3.1B, reflecting its expectation to sell some of its solar project holdings in the second half of the year. Analysts polled by Thomson Reuters expect the company to report revenues of $3.16 billion for fiscal year 2016. Analysts’ estimates typically exclude special items.

The company said it remains flexible in ways to monetize its high quality solar power plant in order to maximize shareholder’s return, and may consider selling more of its solar power plant assets, in which case revenue for the full year may reach the range of $3.2 billion to $3.6 billion, an increase of $200 million to $400 million over the Company’s base forecast.

Shares of Canadian Solar Inc. (NASDAQ:CSIQ) swings enthusiastically in regular trading session, it an advance of 12.42% to close at $17.38. Moving forward to saw long-term intention, the firm has various dividend or yield record, CSIQ has Dividend Yield of {dividend_yield} and experts calculate Return on Investment of 6.20%. The stock is going forward its fifty-two week low with 22.74% and lagging behind from its 52-week high price with -56.64%. CSIQ last month stock price volatility remained 4.68%.

Himax Technologies, Inc. (NASDAQ:HIMX) [Trend Analysis] released that its financial results for Q1 ended March 31, 2016. President and Chief Executive Officer of Himax, Mr. Jordan Wu stated that they are pleased to report that they delivered sequential revenue growth despite 9 less working days during the quarter. Their 2016 first quarter revenue was $180.3 million. Gross margin for the quarter was 26.2%, marking the highest gross margin since our inception due to favorable product mix.

Mr. Wu concluded: “We are very encouraged to experience growth in both our driver and non-driver business segments as we have started to benefit from new business opportunities not enjoyed by many of our competitors. Our growth momentum stems from the successful implementation of a multi-year plan to diversify our products and customer base. Looking ahead, we expect these growth catalysts mentioned above to continue in 2016 and beyond, and we remain committed to our growth strategy.”

Himax Technologies, Inc. (NASDAQ:HIMX) knocking active thrust in leading trading session, shares an increase of 2.97% to 10.76 with around 5.16 Million shares have changed hands in this session. The stock is going forward its fifty-two week low with 90.60% and lagging behind from its 52-week high price with -10.33%.

Likewise the positive performance for the quarter recorded as 42.33% and for the year was 81.30%, while the YTD performance remained at 31.22%. HIMX has Average True Range for 14 days of 0.45.

Jack in the Box Inc. (NASDAQ:JACK) [Trend Analysis] released that improved-than anticipated fiscal Q2 earnings. Jack in the Box said it earned $29 million, or 85 cents a share, in the quarter, compared with $23 million, or 61 cents a share, in the year-ago period. Adjusted per-share earnings were also 85 cents a share, compared with 69 cents a share in the fiscal second quarter of 2015.

Sales reached $361 million in the quarter, up from $358 million a year ago. Analysts polled by FactSet had expected the fast-food chain to report adjusted earnings of 70 cents a share on sales on $360 million. Better margins and cost controls were key reasons for the better-than-expected earnings, the company said in a statement.

Jack in the Box Inc. (NASDAQ:JACK) retains strong position in active trade, as shares scoring -5.24% to $65.14 in an active trade session, while looking at the shares volume, around 3.74 Million shares have changed hands in this session. The firm has institutional ownership of 97.00%, while insider ownership included 1.80%. JACK attains analyst recommendation of 2.10 with week’s performance of -5.43%. Investors looking further ahead will note that the Price to next year’s EPS is 13.17%.

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