NASDAQ:CAAS

China Automotive Systems Stock Forecast, Price & News

$3.39
-0.13 (-3.69 %)
(As of 09/15/2021 12:00 AM ET)
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Today's Range
$3.34
$3.59
50-Day Range
$3.38
$4.84
52-Week Range
$2.85
$13.69
Volume30,448 shs
Average Volume140,412 shs
Market Capitalization$104.59 million
P/E Ratio18.83
Dividend YieldN/A
Beta3.13
30 days | 90 days | 365 days | Advanced Chart
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China Automotive Systems logo

About China Automotive Systems

China 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.

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MarketRank

Overall MarketRank

2.44 out of 5 stars

Auto/Tires/Trucks Sector

23rd out of 123 stocks

Motor Vehicle Parts & Accessories Industry

13th out of 48 stocks

Analyst Opinion: 3.5Community Rank: 4.5Dividend Strength: 0.0Insider Behavior: 1.7Valuation: 2.5 5 -4 -3 -2 -1 -
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China Automotive Systems (NASDAQ:CAAS) Frequently Asked Questions

Is China Automotive Systems a buy right now?

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for China Automotive Systems in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" China Automotive Systems stock.
View analyst ratings for China Automotive Systems
or view top-rated stocks.

What stocks does MarketBeat like better than China Automotive Systems?

Wall Street analysts have given China Automotive Systems a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but China Automotive Systems wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

When is China Automotive Systems' next earnings date?

China Automotive Systems is scheduled to release its next quarterly earnings announcement on Thursday, November 11th 2021.
View our earnings forecast for China Automotive Systems
.

How were China Automotive Systems' earnings last quarter?

China Automotive Systems, Inc. (NASDAQ:CAAS) issued its earnings results on Wednesday, August, 11th. The auto parts company reported $0.10 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.07 by $0.03. The auto parts company earned $120.60 million during the quarter, compared to the consensus estimate of $118.18 million. China Automotive Systems had a trailing twelve-month return on equity of 2.85% and a net margin of 1.08%.
View China Automotive Systems' earnings history
.

How has China Automotive Systems' stock price been impacted by Coronavirus (COVID-19)?

China Automotive Systems' stock was trading at $1.7038 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, CAAS stock has increased by 99.0% and is now trading at $3.39.
View which stocks have been most impacted by COVID-19
.

How will China Automotive Systems' stock buyback program work?

China Automotive Systems announced that its board has initiated a stock buyback plan on Tuesday, August 25th 2020, which permits the company to repurchase $5,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization permits the company to repurchase up to 5.2% of its shares through open market purchases. Shares repurchase plans are often a sign that the company's board believes its shares are undervalued.

What price target have analysts set for CAAS?

1 Wall Street analysts have issued twelve-month price objectives for China Automotive Systems' shares. Their forecasts range from $6.00 to $6.00. On average, they anticipate China Automotive Systems' share price to reach $6.00 in the next year. This suggests a possible upside of 77.0% from the stock's current price.
View analysts' price targets for China Automotive Systems
or view top-rated stocks among Wall Street analysts.

Who are China Automotive Systems' key executives?

China Automotive Systems' management team includes the following people:
  • Qi Zhou Wu, Chief Executive Officer & Director
  • Jie Li, Chief Financial Officer
  • Yie Wong Tse, Senior Vice President
  • Yi Jun Xia, Vice President
  • Hai Mian Cai, Vice President

What is Hanlin Chen's approval rating as China Automotive Systems' CEO?

1 employees have rated China Automotive Systems CEO Hanlin Chen on Glassdoor.com. Hanlin Chen has an approval rating of 100% among China Automotive Systems' employees. This puts Hanlin Chen in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.

Who are some of China Automotive Systems' key competitors?

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 many different retail and institutional investors. Top institutional shareholders include Marshall Wace LLP (0.49%), Marshall Wace LLP (0.49%), Millennium Management LLC (0.19%), Hanson & Doremus Investment Management (0.09%), Invesco Ltd. (0.06%) and Susquehanna International Group LLP (0.00%).
View institutional ownership trends for China Automotive Systems
.

Which institutional investors are selling China Automotive Systems stock?

CAAS stock was sold by a variety of institutional investors in the last quarter, including Marshall Wace LLP, Marshall Wace LLP, Group One Trading L.P., Susquehanna International Group LLP, Invesco Ltd., and Cutler Group LP.
View insider buying and selling activity for China Automotive Systems
or view top insider-selling stocks.

Which institutional investors are buying China Automotive Systems stock?

CAAS stock was acquired by a variety of institutional investors in the last quarter, including Millennium Management LLC, Simplex Trading LLC, Morgan Stanley, Morgan Stanley, and Hanson & Doremus Investment Management.
View insider buying and selling activity for China Automotive Systems
or or view top insider-buying stocks.

How do I buy shares of China Automotive Systems?

Shares of CAAS 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 $3.39.

How much money does China Automotive Systems make?

China Automotive Systems has a market capitalization of $104.59 million and generates $417.64 million in revenue each year. The auto parts company earns $-4,980,000.00 in net income (profit) each year or ($0.05) on an earnings per share basis.

How many employees does China Automotive Systems have?

China Automotive Systems employs 4,688 workers across the globe.

When was China Automotive Systems founded?

China Automotive Systems was founded in 2003.

What is China Automotive Systems' official website?

The official website for China Automotive Systems is www.caasauto.com.

Where are China Automotive Systems' headquarters?

China Automotive Systems is headquartered at No. 1 Henglong Road Yu Qiao Development Zone, JingZhou F4, 434000.

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 auto parts company can be reached via phone at 862787570027 or via email at [email protected]


This page was last updated on 9/16/2021 by MarketBeat.com Staff
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