NASDAQ:CAAS China Automotive Systems Stock Forecast, Price & News Adding Choose a 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. Log In and Add $2.95 0.00 (0.00 %) (As of 09/25/2020 12:00 AM ET) Add Compare Share Today's Range$2.92Now: $2.95▼$3.1150-Day Range$2.52MA: $2.88▼$3.3552-Week Range$1.42Now: $2.95▼$4.16Volume14,325 shsAverage Volume81,696 shsMarket Capitalization$91.96 millionP/E Ratio49.17Dividend YieldN/ABeta1.54 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media 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. It is also involved in the marketing of automotive parts in North America and Brazil, as well as the provision of after sales, and research and development support services. The company primarily sells its products to the original equipment manufacturing customers. China Automotive Systems, Inc. was founded in 2003 and is headquartered in Wuhan City, the People's Republic of China.Read More Beat the Market (BTM) Rank™ 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 $5.00, China Automotive Systems has a forecasted upside of 69.5% from its current price of $2.95.Amount of Analyst CoverageChina Automotive Systems has received no research coverage in the past 90 days. Previous Next 2.7 Community Rank Outperform VotesChina Automotive Systems has received 248 “outperform” votes. (Add your “outperform” vote.)Underperform VotesChina Automotive Systems has received 217 “underperform” votes. (Add your “underperform” vote.)Community SentimentChina Automotive Systems has received 53.33% “outperform” votes from our community.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. 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 1.0 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 Insiders63.25% 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 2.82% of the stock of China Automotive Systems is held by institutions. Previous Next 1.3 Earnings and Valuation Earnings GrowthEarnings for China Automotive Systems are expected to grow in the coming year, from ($0.04) to $0.43 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of China Automotive Systems is 49.17, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 18.39.Price to Earnings Ratio vs. SectorThe P/E ratio of China Automotive Systems is 49.17, which means that it is trading at a more expensive P/E ratio than the Auto/Tires/Trucks sector average P/E ratio of about 34.06.Price to Book Value per Share RatioChina Automotive Systems has a P/B Ratio of 0.30. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 3.5Community Rank: 2.7Dividend Strength: 0.0Insider Behavior: 1.0Valuation: 1.3 5 -4 -3 -2 -1 -Overall Beat the Market Rank™1.69 out of 5 stars Industry, Sector and Symbol Stock Exchange NASDAQ Industry Motor vehicle parts & accessories Sub-IndustryN/A SectorAuto/Tires/Trucks Current SymbolNASDAQ:CAAS Previous Symbol CUSIPN/A CIK1157762 Webwww.caasauto.com Phone86-71-6412-7901Debt Debt-to-Equity RatioN/A Current Ratio1.39 Quick Ratio1.11Price-To-Earnings Trailing P/E Ratio49.17 Forward P/E RatioN/A P/E GrowthN/A Sales & Book Value Annual Sales$431.43 million Price / Sales0.21 Cash Flow$0.85 per share Price / Cash Flow3.47 Book Value$9.85 per share Price / Book0.30Profitability EPS (Most Recent Fiscal Year)$0.32 Net Income$9.96 million Net Margins0.51% Return on Equity0.62% Return on Assets0.29%Miscellaneous Employees4,039 Outstanding Shares31,174,000Market Cap$91.96 million Next Earnings Date11/10/2020 (Estimated) OptionableOptionable $2.95 0.00 (0.00 %) (As of 09/25/2020 12:00 AM ET) 30 days | 90 days | 365 days | Advanced Chart 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 How has China Automotive Systems' stock price been impacted by Coronavirus? China Automotive Systems' stock was trading at $1.7038 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, CAAS stock has increased by 73.1% and is now trading at $2.95. View which stocks have been most impacted by COVID-19. Do Wall Street analysts recommend investors buy shares of 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. When is China Automotive Systems' next earnings date? China Automotive Systems is scheduled to release its next quarterly earnings announcement on Tuesday, November 10th 2020. 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 results on Friday, August, 14th. The auto parts company reported ($0.13) earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of ($0.04) by $0.09. China Automotive Systems had a return on equity of 0.62% and a net margin of 0.51%. During the same quarter in the prior year, the firm posted $0.08 EPS. 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 approved a stock repurchase program on Tuesday, August 25th 2020, which authorizes the company to buyback $5,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization authorizes the company to buy up to 5.2% of its stock through open market purchases. Stock buyback programs are typically a sign 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 2020 Pre-Market earnings guidance on Friday, August, 14th. The company provided EPS guidance of for the period. The company issued revenue guidance of $360-360 million, compared to the consensus revenue estimate of $392.89 million. What price target have analysts set for CAAS? 1 brokerages have issued 12-month price targets for China Automotive Systems' stock. Their forecasts range from $5.00 to $5.00. On average, they anticipate China Automotive Systems' stock price to reach $5.00 in the next twelve months. This suggests a possible upside of 69.5% from the stock's current price. View analysts' price targets for China Automotive Systems. Are investors shorting China Automotive Systems? China Automotive Systems saw a increase in short interest during the month of September. As of September 15th, there was short interest totaling 42,900 shares, an increase of 52.1% from the August 31st total of 28,200 shares. Based on an average daily volume of 140,100 shares, the days-to-cover ratio is currently 0.3 days. Currently, 0.4% of the shares of the stock are short sold. View China Automotive Systems' Short Interest. Who are some of China Automotive Systems' key competitors? Some companies that are related to China Automotive Systems include Modine Manufacturing (MOD), Lydall (LDL), Motorcar Parts of America (MPAA), Cooper-Standard (CPS), IOCHPE MAXION S/S (IOCJY), Commercial Vehicle Group (CVGI), Horizon Global (HZN), Garrett Motion (GTX), Strattec Security (STRT), Superior Industries International (SUP), Regency Affiliates (RAFI), Adomani (ADOM), China Zenix Auto International (ZXAIY), Curaegis Technologies (CRGS) and OmniTek Engineering (OMTK). View all 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), AMC Entertainment (AMC), Bank of America (BAC), Cypress Semiconductor (CY), Energy Transfer LP Unit (ET), Ciena (CIEN), Encana (ECA), Pfizer (PFE) and Baidu (BIDU). Who are China Automotive Systems' key executives? China Automotive Systems' management team includes the following 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 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 institutional and retail investors. Top institutional shareholders include Hanson & Doremus Investment Management (0.09%). View institutional ownership trends for China Automotive Systems. Which major investors are selling China Automotive Systems stock? CAAS stock was sold by a variety of institutional investors in the last quarter, including Hanson & Doremus Investment Management. View insider buying and selling activity 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, Robinhood, Fidelity, and Charles Schwab. What is China Automotive Systems' stock price today? One share of CAAS stock can currently be purchased for approximately $2.95. How big of a company is China Automotive Systems? China Automotive Systems has a market capitalization of $91.96 million and generates $431.43 million in revenue each year. The auto parts company earns $9.96 million in net income (profit) each year or $0.32 on an earnings per share basis. China Automotive Systems employs 4,039 workers across the globe. 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 86-71-6412-7901 or via email at [email protected] This page was last updated on 9/26/2020 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 top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. 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