NASDAQ:CAAS China Automotive Systems 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. $2.77 +0.07 (+2.59%) (As of 07/1/2022 12:00 AM ET) Add Compare Share Today's Range$2.74▼$2.8450-Day Range$2.56▼$3.0052-Week Range$2.20▼$5.07Volume20,784 shsAverage Volume23,422 shsMarket Capitalization$85.45 millionP/E Ratio11.08Dividend YieldN/APrice Target$6.00 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media China Automotive Systems MarketRank™ ForecastAnalyst RatingBuy3.00 Rating ScoreUpside/Downside116.6% Upside$6.00 Price TargetShort InterestHealthy0.14% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.93Based on 2 Articles This WeekInsider TradingN/AProj. Earnings Growth500.00%From $0.05 to $0.30 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as 30% analysis score, 20% valuation score, 10% short interest score, 10% dividend score, 10% sustainability score, 10% news and social score, and 10% insider trading score.2.51 out of 5 starsAuto/Tires/Trucks Sector18th out of 144 stocksMotor Vehicle Parts & Accessories Industry9th out of 50 stocks 3.5 Analyst's Opinion Consensus RatingChina Automotive Systems has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $6.00, China Automotive Systems has a forecasted upside of 116.6% from its current price of $2.77.Amount of Analyst CoverageChina Automotive Systems has only been the subject of 1 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted0.14% 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 0.6, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in China Automotive Systems has recently increased by 17.93%, indicating that investor sentiment is decreasing 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 0.0 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for CAAS. Previous Next 2.7 News and Social Media Coverage News SentimentChina Automotive Systems has a news sentiment score of 0.93. 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 higher news sentiment than the 0.47 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 1 article on an average week.MarketBeat FollowsOnly 1 people have added China Automotive Systems to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% 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 3.38% of the stock of China Automotive Systems is held by institutions. Previous Next 3.8 Earnings and Valuation Earnings GrowthEarnings for China Automotive Systems are expected to grow by 500.00% in the coming year, from $0.05 to $0.30 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of China Automotive Systems is 11.08, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 59.78.Price to Earnings Ratio vs. SectorThe P/E ratio of China Automotive Systems is 11.08, 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 32.09.Price to Book Value per Share RatioChina Automotive Systems has a P/B Ratio of 0.25. 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 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 About China Automotive Systems (NASDAQ:CAAS) StockChina Automotive Systems, Inc., through its subsidiaries, manufactures and sells automotive systems and components in the People's Republic of China. It 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 and hydraulic power steering systems and parts. The company also offers automotive motors and electromechanical integrated systems; polymer materials; and intelligent automotive technology research and development services. In addition, it provides after sales services, and research and development support services, as well as markets automotive parts in North America and Brazil. The company primarily sells its products to the original equipment manufacturing customers. China Automotive Systems, Inc. was incorporated in 1999 and is headquartered in Jingzhou, the People's Republic of China.Read More CAAS Stock News HeadlinesJune 30, 2022 | americanbankingnews.comChina Automotive Systems (NASDAQ:CAAS) Earns Buy Rating from Analysts at StockNews.comJune 22, 2022 | americanbankingnews.comChina Automotive Systems (NASDAQ:CAAS) Research Coverage Started at StockNews.comJuly 3, 2022 | Investing Daily (Ad)This Has Won 99.1% Of Trades Over 3 YearsVideo reveals the most powerful trade you’ve NEVER heard of. 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(CAAS) Management on Q1 2022 Results - Earnings Call TranscriptMay 23, 2022 | finance.yahoo.comChina Automotive Systems (CAAS) Reports Break-Even Earnings for Q1May 23, 2022 | finance.yahoo.comChina Automotive Systems Reports Mixed Q1 Earnings; Cuts FY22 GuidanceJuly 3, 2022 | Vantage Point (Ad)Simple Strategies to Profit in This MarketLearn strategies for how to make money no matter the market direction. Save your seat at our FREE, LIVE online class. Find out how to navigate volatility and choppy markets. May 23, 2022 | benzinga.comChina Automotive Systems Reports Unaudited 2022...May 23, 2022 | investing.comChina Automotive Systems Misses Q1 EPS by 1c, Offers FY22 Revenue GuidanceMay 23, 2022 | nasdaq.comChina Automotive Systems Slips To Loss In Q1, Net Sales Rise; Cuts FY22 Revenue ViewMay 23, 2022 | finance.yahoo.comChina Automotive Systems Reports Unaudited 2022 First QuarterMay 21, 2022 | apnews.comChina Automotive Distribution and Aftermarket Industry Report 2022 Featuring 13 Major Dealers - Forecast to 2027 - ResearchAndMarkets.comMay 20, 2022 | msn.comChina Automotive Systems's Earnings OutlookMay 18, 2022 | finance.yahoo.comChina Automotive Systems to Announce Unaudited 2022 First Quarter Financial Results on May 23, 2022May 13, 2022 | finance.yahoo.comChina Automotive Systems Extends Filing Date of 2022 First Quarter Report to May 23May 2, 2022 | finance.yahoo.comShareholders in China Automotive Systems (NASDAQ:CAAS) are in the red if they invested five years agoApril 11, 2022 | seekingalpha.comChina Automotive Systems to repurchase up to $5M of sharesMarch 30, 2022 | finance.yahoo.comChina Automotive Systems Clocks 5.3% Sales Decline In Q4March 30, 2022 | finance.yahoo.comChina Automotive Systems (CAAS) Q4 2021 Earnings Call TranscriptMarch 30, 2022 | au.investing.comChina Automotive Systems Tops Q4 EPS by 16cMarch 30, 2022 | nasdaq.comChina Automotive Systems Swings To Profit In Q4March 30, 2022 | finance.yahoo.comChina Automotive Systems Reports Fourth Quarter and Fiscal Year 2021 ResultsMarch 30, 2022 | finance.yahoo.comChina Automotive Systems (CAAS) Beats Q4 Earnings and Revenue EstimatesMarch 29, 2022 | seekingalpha.comChina Automotive Systems Q4 2021 Earnings PreviewMarch 16, 2022 | finance.yahoo.comChina Automotive Systems to Announce Unaudited 2021 Fourth Quarter and Audited 2021 Year Financial Results on March 30, 2022See More Headlines Industry, 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 Founded2003Company Calendar Last Earnings11/12/2021Today7/03/2022Next Earnings (Estimated)8/11/2022Fiscal Year End12/31/2022Price Target and Rating Average Stock Price Forecast$6.00 High Stock Price Forecast$6.00 Low Stock Price Forecast$6.00 Forecasted Upside/Downside+116.6%Consensus RatingBuy Rating Score (0-4)3 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)$0.25 Trailing P/E Ratio11.08 Forward P/E Ratio55.40 P/E GrowthN/ANet Income$11.05 million Net Margins1.55% Pretax Margin1.33% Return on Equity2.35% Return on Assets1.11% Debt Debt-to-Equity RatioN/A Current Ratio1.40 Quick Ratio1.09 Sales & Book Value Annual Sales$497.99 million Price / Sales0.17 Cash Flow$1.24 per share Price / Cash Flow2.24 Book Value$10.92 per share Price / Book0.25Miscellaneous Outstanding Shares30,850,000Free Float11,168,000Market Cap$85.45 million OptionableOptionable Beta2.49 Social Links China Automotive Systems 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 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" China Automotive Systems stock. View analyst ratings for China Automotive Systems or view top-rated stocks. What is China Automotive Systems' stock price forecast for 2022? 1 Wall Street analysts have issued 1-year price objectives for China Automotive Systems' stock. Their CAAS stock forecasts range from $6.00 to $6.00. On average, they predict China Automotive Systems' stock price to reach $6.00 in the next twelve months. This suggests a possible upside of 116.6% from the stock's current price. View analysts' price targets for China Automotive Systems or view top-rated stocks among Wall Street analysts. How has China Automotive Systems' stock performed in 2022? China Automotive Systems' stock was trading at $2.68 on January 1st, 2022. Since then, CAAS shares have increased by 3.4% and is now trading at $2.77. View the best growth stocks for 2022 here. When is China Automotive Systems' next earnings date? China Automotive Systems is scheduled to release its next quarterly earnings announcement on Thursday, August 11th 2022. View our earnings forecast for China Automotive Systems. How were China Automotive Systems' earnings last quarter? China Automotive Systems, Inc. (NASDAQ:CAAS) released its quarterly earnings data on Friday, November, 12th. The auto parts company reported ($0.01) earnings per share for the quarter, missing analysts' consensus estimates of $0.05 by $0.06. The auto parts company earned $108.23 million during the quarter, compared to analysts' expectations of $119.39 million. China Automotive Systems had a trailing twelve-month return on equity of 2.35% and a net margin of 1.55%. During the same quarter last year, the firm earned $0.08 earnings per share. View China Automotive Systems' earnings history. How will China Automotive Systems' stock buyback program work? China Automotive Systems declared that its Board of Directors has initiated a share buyback program on Tuesday, August 25th 2020, which permits the company to buyback $5,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization permits the company to reacquire up to 5.2% of its stock through open market purchases. Stock buyback programs are often an indication that the company's board believes its stock is undervalued. What guidance has China Automotive Systems issued on next quarter's earnings? China Automotive Systems issued an update on its FY 2022 earnings guidance on Monday, June, 20th. The company provided EPS guidance of for the period. The company issued revenue guidance of $490.00 million-$510.00 million, compared to the consensus revenue estimate of $509.45 million. Who are China Automotive Systems' key executives? China Automotive Systems' management team includes the following people: Mr. Hanlin Chen, Chairman & Exec. Officer (Age 65, Pay $495k)Mr. Qizhou Wu, Pres, CEO & Director (Age 58, Pay $330k)Mr. Jie Li, Chief Financial Officer (Age 52, Pay $198k)Kevin Theiss, Mang. of Investor RelationsMr. Yiu Wong Tse, Sr. VP (Age 51)Mr. Richard Gills, Pres of California DivisionMrs. Na Wei, Sec. 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? Some companies that are related to China Automotive Systems include AEye (LIDR), XOS (XOS), Motorcar Parts of America (MPAA), Cepton (CPTN), Commercial Vehicle Group (CVGI), XL Fleet (XL), Strattec Security (STRT), Superior Industries International (SUP), Cooper-Standard (CPS), ADOMANI (ADOM), Romeo Power (RMO), China Zenix Auto International (ZXAIY), Horizon Global (HZN), Worksport (WKSP) and Unique Fabricating (UFAB). View all of CAAS's 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." 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 $2.77. How much money does China Automotive Systems make? China Automotive Systems (NASDAQ:CAAS) has a market capitalization of $85.45 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 $0.25 on an earnings per share basis. How many employees does China Automotive Systems have? China Automotive Systems employs 3,949 workers across the globe. When was China Automotive Systems founded? China Automotive Systems was founded in 2003. 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 China Automotive Systems 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 7/3/2022 by MarketBeat.com Staff 30 Days of MarketBeat All Access for $1.00 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. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. 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