NASDAQ:CAAS China Automotive Systems - CAAS Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding China Automotive Systems, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. $5.78 +0.21 (+3.77%) (As of 03/20/2023 12:00 AM ET) Add Compare Share Share Today's Range$5.43▼$6.0950-Day Range$5.57▼$9.6152-Week Range$2.56▼$9.70Volume167,671 shsAverage Volume129,134 shsMarket Capitalization$177.21 millionP/E Ratio8.14Dividend YieldN/APrice Target$6.00 ProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media China Automotive Systems MarketRank™ ForecastAnalyst RatingHold2.00 Rating ScoreUpside/Downside3.8% Upside$6.00 Price TargetShort InterestHealthy2.17% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment-0.47Based on 2 Articles This WeekInsider TradingN/AProj. Earnings GrowthN/ASee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.1.59 out of 5 starsAuto/Tires/Trucks Sector84th out of 96 stocksMotor Vehicle Parts & Accessories Industry32nd out of 33 stocks 1.0 Analyst's Opinion Consensus RatingChina Automotive Systems has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $6.00, China Automotive Systems has a forecasted upside of 3.8% from its current price of $5.78.Amount of Analyst CoverageChina Automotive Systems has received no research coverage in the past 90 days. Previous Next 5.0 Short Interest Percentage of Shares Shorted2.17% of the float of China Automotive Systems has been sold short.Short Interest Ratio / Days to CoverChina Automotive Systems has a short interest ratio ("days to cover") of 1, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in China Automotive Systems has recently decreased by 17.68%, indicating that investor sentiment is improving significantly. Previous Next 0.0 Dividend Strength Dividend YieldChina Automotive Systems does not currently pay a dividend.Dividend GrowthChina Automotive Systems does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for CAAS. Previous Next 0.9 News and Social Media Coverage News SentimentChina Automotive Systems has a news sentiment score of -0.47. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.33 average news sentiment score of Auto/Tires/Trucks companies.News Coverage This WeekMarketBeat has tracked 2 news articles for China Automotive Systems this week, compared to 2 articles on an average week.Search InterestOnly 5 people have searched for CAAS on MarketBeat in the last 30 days. This is a decrease of -17% compared to the previous 30 days.MarketBeat FollowsOnly 2 people have added China Automotive Systems to their MarketBeat watchlist in the last 30 days. This is a decrease of -60% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, China Automotive Systems insiders have not sold or bought any company stock.Percentage Held by Insiders63.80% of the stock of China Automotive Systems is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by InstitutionsOnly 3.00% of the stock of China Automotive Systems is held by institutions. Previous Next 1.9 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of China Automotive Systems is 8.14, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 120.90.Price to Earnings Ratio vs. SectorThe P/E ratio of China Automotive Systems is 8.14, which means that it is trading at a less expensive P/E ratio than the Auto/Tires/Trucks sector average P/E ratio of about 13.79.Price to Book Value per Share RatioChina Automotive Systems has a P/B Ratio of 0.53. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About China Automotive Systems (NASDAQ:CAAS) StockChina Automotive Systems, Inc. is a holding company, which engages in the manufacture and sale of automotive products, through its subsidiaries. It operates through the following geographical segments: Henglong, Jiulong, Shenyang, Wuhu, Hubei Henglong, Henglong KYB, and Other Entities. It also supplies power steering systems and component. The company was founded on June 29, 1999 and is headquartered in Wuhan, China.Read More Receive CAAS Stock News and Ratings via Email Sign-up to receive the latest news and ratings for China Automotive Systems and its competitors with MarketBeat's FREE daily newsletter. Email Address CAAS Stock News HeadlinesMarch 19, 2023 | americanbankingnews.comChina Automotive Systems (NASDAQ:CAAS) Earns Strong-Buy Rating from Analysts at StockNews.comMarch 14, 2023 | finance.yahoo.comCepton, Inc. (CPTN) Reports Q4 Loss, Misses Revenue EstimatesMarch 21, 2023 | Health Sector Insight (Ad)Penny Stock Shows Big PotentialThe $4.37 trillion wellness market and the little-known penny stock to get on radar now. February 25, 2023 | seekingalpha.comChina Automotive Systems: Strong Growth Drivers And Business-Friendly Ambience Provide Great ConfidenceFebruary 16, 2023 | finance.yahoo.comChina Automotive Systems (CAAS) Stock Moves -1.32%: What You Should KnowFebruary 13, 2023 | finance.yahoo.comAre Auto-Tires-Trucks Stocks Lagging Byd Co. (BYDDY) This Year?February 9, 2023 | finance.yahoo.comA Look At The Intrinsic Value Of China Automotive Systems, Inc. (NASDAQ:CAAS)February 7, 2023 | msn.comWhy Fast-paced Mover China Automotive Systems (CAAS) Is a Great Choice for Value InvestorsMarch 21, 2023 | Health Sector Insight (Ad)Penny Stock Shows Big PotentialThe $4.37 trillion wellness market and the little-known penny stock to get on radar now. February 6, 2023 | finance.yahoo.comChina Automotive Systems (CAAS) Soars 9.8%: Is Further Upside Left in the Stock?January 24, 2023 | finance.yahoo.comDoes China Automotive Systems (NASDAQ:CAAS) Deserve A Spot On Your Watchlist?January 18, 2023 | stocknews.com1 China Stock to Add to Your Watchlist in 2023January 10, 2023 | msn.comLooking Into China Automotive Systems's Recent Short InterestJanuary 6, 2023 | finance.yahoo.comWinnebago (WGO) Tanks 30% in a Year: Is it a Good Entry Point?December 22, 2022 | benzinga.comChina Automotive Systems Earnings Perspective: Return On Capital EmployedDecember 22, 2022 | msn.comHow Is The Market Feeling About China Automotive Systems?December 15, 2022 | finance.yahoo.com4 Promising Chinese Stocks to Buy for 2023December 14, 2022 | seekingalpha.comChina Automotive Systems: Volatile, Upward Growth Trajectory Lies AheadDecember 12, 2022 | finance.yahoo.comChina Automotive Launches New Electric Power Steering Systems For BYDDecember 12, 2022 | seekingalpha.comChina Automotive Systems pops after landing BYD design contractDecember 12, 2022 | finance.yahoo.comChina Automotive Systems Launches New Electric Power Steering Systems for BYDDecember 8, 2022 | finance.yahoo.comChina Automotive Systems (CAAS) Just Overtook the 20-Day Moving AverageDecember 8, 2022 | finance.yahoo.comAre You Looking for a Top Momentum Pick? Why China Automotive Systems (CAAS) is a Great ChoiceDecember 7, 2022 | finance.yahoo.comBest Momentum Stock to Buy for December 7thDecember 6, 2022 | msn.comPeering Into China Automotive Systems's Recent Short InterestDecember 5, 2022 | seekingalpha.comChina Automotive, Luckin Coffee and Faraday Future lead rally in China-related stocksNovember 29, 2022 | finance.yahoo.comRecent Price Trend in China Automotive Systems (CAAS) is Your Friend, Here's WhySee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive CAAS Stock News and Ratings via Email Sign-up to receive the latest news and ratings for China Automotive Systems and its competitors with MarketBeat's FREE daily newsletter. Email Address CAAS Company Calendar Last Earnings11/12/2021Today3/21/2023Next Earnings (Estimated)3/29/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Motor vehicle parts & accessories Sub-IndustryN/A SectorAuto/Tires/Trucks Current SymbolNASDAQ:CAAS CUSIPN/A CIK1157762 Webwww.caasauto.com Phone862787570027Fax86-71-6832-9298Employees3,949Year Founded2003Price Target and Rating Average Stock Price Forecast$6.00 High Stock Price Forecast$6.00 Low Stock Price Forecast$6.00 Forecasted Upside/Downside+3.8%Consensus RatingHold Rating Score (0-4)2.00 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)$0.71 Trailing P/E Ratio8.14 Forward P/E RatioN/A P/E GrowthN/ANet Income$11.05 million Net Margins4.05% Pretax Margin4.72% Return on Equity6.61% Return on Assets3.11% Debt Debt-to-Equity RatioN/A Current Ratio1.46 Quick Ratio1.15 Sales & Book Value Annual Sales$497.99 million Price / Sales0.36 Cash Flow$1.28 per share Price / Cash Flow4.50 Book Value$10.92 per share Price / Book0.53Miscellaneous Outstanding Shares30,660,000Free Float11,100,000Market Cap$177.21 million OptionableOptionable Beta2.46 Social Links Key ExecutivesQi Zhou WuChief Executive Officer & DirectorJie LiChief Financial OfficerYie Wong TseSenior Vice PresidentYi Jun XiaVice PresidentHai Mian CaiVice PresidentKey CompetitorsMotorcar Parts of AmericaNASDAQ:MPAACooper-StandardNYSE:CPSCommercial Vehicle GroupNASDAQ:CVGISuperior Industries InternationalNYSE:SUPCanooNYSE:GOEVView All CompetitorsInstitutional OwnershipMillennium Management LLCBought 191,215 shares on 2/15/2023Ownership: 0.993%Virtu Financial LLCBought 28,432 shares on 2/15/2023Ownership: 0.093%Jane Street Group LLCBought 22,699 shares on 2/15/2023Ownership: 0.074%Belvedere Trading LLCBought 200 shares on 2/15/2023Ownership: 0.000%Susquehanna International Group LLPBought 17,100 shares on 2/14/2023Ownership: 0.000%View All Institutional Transactions CAAS Stock - Frequently Asked Questions Should I buy or sell China Automotive Systems stock right now? 1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for China Automotive Systems in the last twelve months. There are currently 1 hold rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" CAAS shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in CAAS, but not buy additional shares or sell existing shares. View CAAS analyst ratings or view top-rated stocks. What is China Automotive Systems' stock price forecast for 2023? 1 brokerages have issued 12 month target prices for China Automotive Systems' stock. Their CAAS share price forecasts range from $6.00 to $6.00. On average, they expect the company's stock price to reach $6.00 in the next year. This suggests a possible upside of 3.8% from the stock's current price. View analysts price targets for CAAS or view top-rated stocks among Wall Street analysts. How have CAAS shares performed in 2023? China Automotive Systems' stock was trading at $5.80 on January 1st, 2023. Since then, CAAS shares have decreased by 0.3% and is now trading at $5.78. View the best growth stocks for 2023 here. Are investors shorting China Automotive Systems? China Automotive Systems saw a decrease in short interest during the month of February. As of February 28th, there was short interest totaling 228,100 shares, a decrease of 17.7% from the February 13th total of 277,100 shares. Based on an average daily trading volume, of 237,700 shares, the short-interest ratio is currently 1.0 days. Approximately 2.2% of the company's stock are sold short. View China Automotive Systems' Short Interest. When is China Automotive Systems' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, March 29th 2023. View our CAAS earnings forecast. How were China Automotive Systems' earnings last quarter? China Automotive Systems, Inc. (NASDAQ:CAAS) released its quarterly earnings results on Friday, November, 12th. The auto parts company reported ($0.01) earnings per share for the quarter, missing the consensus estimate of $0.05 by $0.06. The auto parts company earned $108.23 million during the quarter, compared to the consensus estimate of $119.39 million. China Automotive Systems had a net margin of 4.05% and a trailing twelve-month return on equity of 6.61%. During the same quarter last year, the company posted $0.08 earnings per share. What ETFs hold China Automotive Systems' stock? ETFs with the largest weight of China Automotive Systems (NASDAQ:CAAS) stock in their portfolio include AdvisorShares Dorsey Wright Micro-Cap ETF (DWMC), Invesco Golden Dragon China ETF (PGJ). What is Hanlin Chen's approval rating as China Automotive Systems' CEO? 1 employees have rated China Automotive Systems Chief Executive Officer Hanlin Chen on Glassdoor.com. Hanlin Chen has an approval rating of 100% among the company's employees. This puts Hanlin Chen in the top 10% of approval ratings compared to other CEOs of publicly-traded companies. What other stocks do shareholders of China Automotive Systems own? Based on aggregate information from My MarketBeat watchlists, some companies that other China Automotive Systems investors own include Intelsat (I), Fossil Group (FOSL), Ciena (CIEN), Energy Transfer (ET), Pfizer (PFE), AMC Entertainment (AMC), Bank of America (BAC), Cypress Semiconductor (CY), Advanced Micro Devices (AMD) and Apollo Global Management (APO). What is China Automotive Systems' stock symbol? China Automotive Systems trades on the NASDAQ under the ticker symbol "CAAS." Who are China Automotive Systems' major shareholders? China Automotive Systems' stock is owned by a number of institutional and retail investors. Top institutional shareholders include Renaissance Technologies LLC (1.19%), Millennium Management LLC (0.99%), Virtu Financial LLC (0.09%), Jane Street Group LLC (0.07%), Susquehanna International Group LLP (0.00%) and Kestra Advisory Services LLC (0.04%). View institutional ownership trends. How do I buy shares of China Automotive Systems? Shares of CAAS stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is China Automotive Systems' stock price today? One share of CAAS stock can currently be purchased for approximately $5.78. How much money does China Automotive Systems make? China Automotive Systems (NASDAQ:CAAS) has a market capitalization of $177.21 million and generates $497.99 million in revenue each year. The auto parts company earns $11.05 million in net income (profit) each year or $0.71 on an earnings per share basis. How many employees does China Automotive Systems have? The company employs 3,949 workers across the globe. How can I contact China Automotive Systems? China Automotive Systems' mailing address is No. 1 Henglong Road Yu Qiao Development Zone, JingZhou F4, 434000. The official website for the company is www.caasauto.com. The auto parts company can be reached via phone at 862787570027, via email at caas@compassbell.com, or via fax at 86-71-6832-9298. This page (NASDAQ:CAAS) was last updated on 3/21/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. 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