China Automotive Systems (CAAS) Stock Forecast, Price & News

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.

When is China Automotive Systems' next earnings date?

China Automotive Systems is scheduled to release its next quarterly earnings announcement on Monday, May 23rd 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 earnings results on Wednesday, March, 30th. The auto parts company reported $0.16 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.06 by $0.10. The auto parts company earned $138.80 million during the quarter, compared to analysts' expectations of $126.10 million. China Automotive Systems had a trailing twelve-month return on equity of 3.38% and a net margin of 2.23%. During the same period in the previous year, the company posted $0.01 EPS.
View China Automotive Systems' earnings history.

How will China Automotive Systems' stock buyback program work?

China Automotive Systems declared that its board has authorized a stock repurchase plan on Tuesday, August 25th 2020, which authorizes the company to repurchase $5,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to repurchase up to 5.2% of its shares through open market purchases. Shares repurchase plans are often an indication that the company's leadership 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 Wednesday, April, 27th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $510 million-$510 million, compared to the consensus revenue estimate of $525.70 million.

What price target have analysts set for CAAS?

1 brokers have issued 12-month target prices for China Automotive Systems' stock. Their forecasts range from $7.00 to $7.00. On average, they expect China Automotive Systems' share price to reach $7.00 in the next year. This suggests a possible upside of 141.4% 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:

• 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 Relations
• Mr. Yiu Wong Tse, Sr. VP (Age 51)
• Mr. Richard Gills, Pres of California Division
• Mrs. 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 Motorcar Parts of America (MPAA), Commercial Vehicle Group (CVGI), XL Fleet (XL), Romeo Power (RMO), Strattec Security (STRT), Superior Industries International (SUP), Cooper-Standard (CPS), ADOMANI (ADOM), Horizon Global (HZN), Cepton (CPTN), China Zenix Auto International (ZXAIY), Worksport (WKSP), Unique Fabricating (UFAB), Omnitek Engineering (OMTK) and American International Industries (AMIN).
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."

Who are China Automotive Systems' major shareholders?

China Automotive Systems' stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Renaissance Technologies LLC (1.33%), UBS Group AG (0.19%), Hanson & Doremus Investment Management (0.08%), Simplex Trading LLC (0.00%) and Concourse Financial Group Securities Inc. (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 Renaissance Technologies LLC, and UBS Group AG.
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 Hanson & Doremus Investment Management, and Simplex Trading LLC.
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 $2.90.

How much money does China Automotive Systems make?

China Automotive Systems has a market capitalization of $89.47 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 $0.349990 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.

What is China Automotive Systems' official website?

The official website for China Automotive Systems is 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 862787570027, via email at [email protected], or via fax at 86-71-6832-9298.