Zacks Small Cap Issues Negative Outlook for CBAT Earnings

Key Points

• Analysts at Zacks Small Cap have lowered their earnings per share estimate for China BAK Battery (NASDAQ: CBAT) in Q4 2026 from $0.05 to $0.04.
• Despite the lowered estimates, Wall Street Zen upgraded China BAK Battery from a "sell" to a "hold" rating in June.
• The company reported an earnings surprise of $0.01, with revenues reaching $40.52 million in their latest earnings announcement.

China BAK Battery, Inc. (NASDAQ:CBAT - Free Report) - Equities research analysts at Zacks Small Cap cut their Q4 2026 earnings per share (EPS) estimates for China BAK Battery in a research note issued on Tuesday, August 19th. Zacks Small Cap analyst B. Lantier now expects that the electronics maker will earn $0.04 per share for the quarter, down from their previous estimate of $0.05. The consensus estimate for China BAK Battery's current full-year earnings is $0.19 per share.

China BAK Battery (NASDAQ:CBAT - Get Free Report) last posted its quarterly earnings data on Monday, August 18th. The electronics maker reported ($0.03) EPS for the quarter, beating the consensus estimate of ($0.04) by $0.01. China BAK Battery had a negative return on equity of 7.54% and a negative net margin of 6.29%.The business had revenue of $40.52 million for the quarter, compared to the consensus estimate of $33.56 million.

Separately, Wall Street Zen upgraded China BAK Battery from a "sell" rating to a "hold" rating in a research note on Saturday, June 14th.

China BAK Battery Price Performance

China BAK Battery stock remained flat at $0.99 during trading on Wednesday. The company had a trading volume of 138,960 shares, compared to its average volume of 155,861. China BAK Battery has a fifty-two week low of $0.5670 and a fifty-two week high of $1.30. The company has a debt-to-equity ratio of 0.04, a quick ratio of 0.64 and a current ratio of 0.72. The company's 50-day moving average price is $1.06 and its 200 day moving average price is $0.92. The firm has a market cap of $87.76 million, a PE ratio of -9.90 and a beta of 1.70.

Institutional Trading of China BAK Battery

A number of hedge funds and other institutional investors have recently made changes to their positions in CBAT. XTX Topco Ltd bought a new stake in shares of China BAK Battery during the 1st quarter valued at $27,000. Marshall Wace LLP bought a new stake in shares of China BAK Battery during the 4th quarter valued at $96,000. Empowered Funds LLC raised its stake in shares of China BAK Battery by 8.7% during the 1st quarter. Empowered Funds LLC now owns 355,536 shares of the electronics maker's stock valued at $283,000 after purchasing an additional 28,411 shares during the period. Finally, Bridgeway Capital Management LLC raised its stake in shares of China BAK Battery by 2.5% during the 4th quarter. Bridgeway Capital Management LLC now owns 687,125 shares of the electronics maker's stock valued at $646,000 after purchasing an additional 16,788 shares during the period. 1.97% of the stock is currently owned by institutional investors.

China BAK Battery Company Profile

CBAK Energy Technology, Inc, together with its subsidiaries, manufacture, commercialization, and distribution of lithium ion high power rechargeable batteries in Mainland China, the United States, Europe, and internationally. The company operates in two segments, CBAK and Hitrans. Its lithium batteries are used in various applications, including electric vehicles, such as electric cars, electric buses, and hybrid electric cars and buses; light electric vehicles, such as electric bicycles, electric motors, electric tricycles, and smaller-sized electric cars; and electric tools, energy storage, uninterruptible power supply, and other high power applications, as well as cordless power tools.