NASDAQ:CAAS - China Automotive Systems Stock Price, News & Analysis

$1.87
-0.05 (-2.60 %)
(As of 08/25/2019 09:23 AM ET)
Today's Range
$1.78
Now: $1.87
$1.9199
50-Day Range
$1.70
MA: $2.14
$2.49
52-Week Range
$1.70
Now: $1.87
$5.00
Volume36,669 shs
Average Volume19,313 shs
Market Capitalization$58.91 million
P/E Ratio48.00
Dividend YieldN/A
Beta1.54
China Automotive Systems, Inc, through its subsidiaries, manufactures and sells automotive systems and components in the People's Republic of China. The company produces rack and pinion power steering gears for cars and light duty vehicles; integral power steering gears for heavy-duty vehicles; power steering parts for light duty vehicles; sensor modules; automobile steering systems and columns; and automobile electronic systems and parts. Read More…

Industry, Sector and Symbol

Industry Motor vehicle parts & accessories
Sub-IndustryN/A
SectorAuto/Tires/Trucks
Current SymbolNASDAQ:CAAS
CUSIPN/A
Phone86-71-6412-7912

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$496.16 million
Cash Flow$0.5899 per share
Book Value$9.80 per share

Profitability

Net Income$2.38 million

Miscellaneous

Employees4,711
Market Cap$58.91 million
Next Earnings Date11/8/2019 (Estimated)
OptionableOptionable

Receive CAAS News and Ratings via Email

Sign-up to receive the latest news and ratings for CAAS and its competitors with MarketBeat's FREE daily newsletter.


China Automotive Systems (NASDAQ:CAAS) Frequently Asked Questions

What is China Automotive Systems' stock symbol?

China Automotive Systems trades on the NASDAQ under the ticker symbol "CAAS."

How will China Automotive Systems' stock buyback program work?

China Automotive Systems declared that its Board of Directors has approved a share repurchase plan on Friday, December 7th 2018, which permits the company to repurchase $5,000,000.00 in shares, according to EventVestor. This repurchase authorization permits the company to purchase up to 6.5% of its stock through open market purchases. Stock repurchase plans are usually a sign that the company's management believes its stock is undervalued.

How were China Automotive Systems' earnings last quarter?

China Automotive Systems, Inc. (NASDAQ:CAAS) released its quarterly earnings data on Thursday, August, 8th. The auto parts company reported $0.08 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.01 by $0.07. The auto parts company had revenue of $105.75 million for the quarter, compared to analyst estimates of $121.01 million. China Automotive Systems had a return on equity of 0.37% and a net margin of 0.26%. During the same quarter in the prior year, the firm earned $0.03 EPS. View China Automotive Systems' Earnings History.

When is China Automotive Systems' next earnings date?

China Automotive Systems is scheduled to release their next quarterly earnings announcement on Friday, November 8th 2019. View Earnings Estimates for China Automotive Systems.

What guidance has China Automotive Systems issued on next quarter's earnings?

China Automotive Systems issued an update on its FY 2019 earnings guidance on Thursday, August, 8th. The company provided EPS guidance of for the period. The company issued revenue guidance of $430-430 million, compared to the consensus revenue estimate of $487.05 million.

What is the consensus analysts' recommendation for China Automotive Systems?

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, resulting in a consensus recommendation of "Buy." View Analyst Ratings for China Automotive Systems.

Has China Automotive Systems been receiving favorable news coverage?

News stories about CAAS stock have trended positive this week, according to InfoTrie. The research group scores the sentiment of media coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. China Automotive Systems earned a daily sentiment score of 2.5 on InfoTrie's scale. They also assigned media stories about the auto parts company a news buzz of 6.0 out of 10, indicating that recent media coverage is somewhat likely to have an effect on the company's share price in the next several days. View News Stories for China Automotive Systems.

Are investors shorting China Automotive Systems?

China Automotive Systems saw a increase in short interest during the month of July. As of July 31st, there was short interest totalling 19,300 shares, an increase of 739.1% from the June 30th total of 2,300 shares. Based on an average daily trading volume, of 13,100 shares, the short-interest ratio is currently 1.5 days. Approximately 0.2% of the shares of the company are short sold. View China Automotive Systems' Current Options Chain.

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), Cypress Semiconductor (CY), Fossil Group (FOSL), Bank of America (BAC), SunCoke Energy Partners (SXCP), Associated British Foods (ABF), Chaarat Gold (CGH), tronc (TRNC), AMC Entertainment (AMC) and Ciena (CIEN).

Who are China Automotive Systems' key executives?

China Automotive Systems' management team includes the folowing people:
  • Mr. Hanlin Chen, Chairman (Age 62)
  • Mr. Qizhou Wu, Pres, CEO & Director (Age 55)
  • Mr. Jie Li, Chief Financial Officer (Age 49)
  • Dr. Haimian Cai, VP (Age 55)
  • Kevin Theiss, Mang. of Investor Relations

Who are China Automotive Systems' major shareholders?

China Automotive Systems' stock is owned by many different of retail and institutional investors. Top institutional shareholders include Renaissance Technologies LLC (1.07%). View Institutional Ownership Trends for China Automotive Systems.

Which institutional investors are buying China Automotive Systems stock?

CAAS stock was purchased by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC. View Insider Buying and Selling for China Automotive Systems.

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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is China Automotive Systems' stock price today?

One share of CAAS stock can currently be purchased for approximately $1.87.

How big of a company is China Automotive Systems?

China Automotive Systems has a market capitalization of $58.91 million and generates $496.16 million in revenue each year. The auto parts company earns $2.38 million in net income (profit) each year or $0.08 on an earnings per share basis. China Automotive Systems employs 4,711 workers across the globe.View Additional Information About China Automotive Systems.

What is China Automotive Systems' official website?

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

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 86-71-6412-7912 or via email at [email protected]


MarketBeat Community Rating for China Automotive Systems (NASDAQ CAAS)

Community Ranking:  2.6 out of 5 (star star)
Outperform Votes:  208 (Vote Outperform)
Underperform Votes:  186 (Vote Underperform)
Total Votes:  394
MarketBeat's community ratings are surveys of what our community members think about China Automotive Systems and other stocks. Vote "Outperform" if you believe CAAS will outperform the S&P 500 over the long term. Vote "Underperform" if you believe CAAS will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 8/25/2019 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.

Yahoo Gemini Pixel