NASDAQ:SORL - Sorl Auto Parts Stock Price, Forecast & News

Sorl Auto Parts trades on the NASDAQ under the ticker symbol "SORL."

Sorl Auto Parts, Inc. (NASDAQ:SORL) released its quarterly earnings results on Thursday, November, 14th. The company reported $0.22 earnings per share for the quarter, beating the Zacks' consensus estimate of $0.18 by $0.04. The business had revenue of $112.23 million for the quarter, compared to the consensus estimate of $115.80 million. Sorl Auto Parts had a return on equity of 10.21% and a net margin of 4.32%. View Sorl Auto Parts' Earnings History.

Sorl Auto Parts is scheduled to release their next quarterly earnings announcement on Monday, April 6th 2020. View Earnings Estimates for Sorl Auto Parts.

Sorl Auto Parts issued an update on its FY 2019 After-Hours earnings guidance on Monday, November, 25th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $$515-515 million, compared to the consensus revenue estimate of $$515.3 million.

Headlines about SORL stock have trended somewhat positive recently, InfoTrie Sentiment reports. The research firm ranks the sentiment of news coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Sorl Auto Parts earned a media sentiment score of 2.0 on InfoTrie's scale. They also gave news stories about the company a news buzz of 8.0 out of 10, indicating that recent news coverage is very likely to have an effect on the stock's share price in the near term. View News Stories for Sorl Auto Parts.

Sorl Auto Parts saw a increase in short interest in the month of December. As of December 13th, there was short interest totalling 1,430,000 shares, an increase of 5.9% from the November 28th total of 1,350,000 shares. Based on an average trading volume of 109,700 shares, the short-interest ratio is presently 13.0 days. Currently, 18.0% of the shares of the company are short sold. View Sorl Auto Parts' Current Options Chain.

Some companies that are related to Sorl Auto Parts include Commercial Vehicle Group (CVGI), China Automotive Systems (CAAS), Superior Industries International (SUP), Horizon Global (HZN), Strattec Security (STRT), Regency Affiliates (RAFI), China Zenix Auto International (ZXAIY), Adomani (ADOM), Curaegis Technologies (CRGS), OmniTek Engineering (OMTK), Puradyn Filter Technologies (PFTI), ATC Venture Group (ATCV) and QF Liquidation (QTWWQ).

Based on aggregate information from My MarketBeat watchlists, some companies that other Sorl Auto Parts investors own include CA (CA), BlackRock (BLK), Endologix (ELGX), Micron Technology (MU), Chipotle Mexican Grill (CMG), Aegean Marine Petroleum Network (ANW), Athabasca Oil (ATH), Transocean (RIG), NIC (EGOV) and Workday (WDAY).

Shares of SORL 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.

One share of SORL stock can currently be purchased for approximately $4.59.

Sorl Auto Parts has a market capitalization of $88.59 million and generates $468.05 million in revenue each year. The company earns $12.74 million in net income (profit) each year or $1.23 on an earnings per share basis. Sorl Auto Parts employs 6,459 workers across the globe.View Additional Information About Sorl Auto Parts.

The official website for Sorl Auto Parts is http://www.sorl.cn/.

Sorl Auto Parts' mailing address is NO. 2666 KAIFAQU AVENUE RUIAN ECONOMIC DEVELOPMENT DISTRICT, RUIAN CITY F4, 325200. The company can be reached via phone at 86-577-6581-7720 or via email at [email protected]