NYSE:CANG Cango (CANG) Stock Forecast, Price & News $1.15 +0.01 (+0.59%) (As of 05/26/2023 07:00 PM ET) Add Compare Share Share Today's Range$1.14▼$1.1750-Day Range$1.06▼$1.1952-Week Range$1.01▼$3.38Volume23,400 shsAverage Volume63,728 shsMarket Capitalization$160.70 millionP/E RatioN/ADividend YieldN/APrice TargetN/A ProfileProfileChartCompetitorsDividendEarningsFinancialsInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial MediaProfileChartCompetitorsDividendEarningsFinancialsInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial Media About Cango (NYSE:CANG) StockCango, Inc. is a holding company, which engages in the development and operation of automotive transaction service platform for connecting dealers, financial institutions, and car buyers. The firm's services cover each key component of the automotive transaction value chain, including pre-sale automobile trading solutions, during-sale automotive financing facilitation services, and post-sale after-market services facilitation. The company was founded by Jia Yuan Lin and Xiao Jun Zhang in August 2010 and is headquartered in Shanghai, China.Read More Receive CANG Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Cango and its competitors with MarketBeat's FREE daily newsletter. Email Address CANG Stock News HeadlinesMay 17, 2023 | benzinga.comYixin's Growth Fizzles, Even As Strong EV Buying Provides Some LiftMay 15, 2023 | msn.com8 Unforgettable Road Trips Around the World to Add to Your Bucket ListMay 29, 2023 | Behind the Markets (Ad)[BREAKING] New "Living Missile" to Replace Nuclear MissilesCBS News Reports: "It's an entirely new type of weapon." The New York Times Reports: "No existing defense can stop it." And one small company is building them for the Pentagon!May 9, 2023 | finance.yahoo.comCango Inc.'s (NYSE:CANG) largest shareholders are retail investors with 32% ownership, insiders own 29%April 25, 2023 | msn.comAsian Equities Fall Sharply in US Trading, Led by Tech StocksApril 21, 2023 | finance.yahoo.comCango Adopts New $50M Share Buyback ProgramApril 21, 2023 | finance.yahoo.comCango Inc. Announces New Share Repurchase ProgramApril 12, 2023 | msn.com8 Scenic Road Trips Around the World to Add to Your Bucket ListMay 29, 2023 | Behind the Markets (Ad)[BREAKING] New "Living Missile" to Replace Nuclear MissilesCBS News Reports: "It's an entirely new type of weapon." The New York Times Reports: "No existing defense can stop it." And one small company is building them for the Pentagon!March 13, 2023 | insidermonkey.comCango Inc. (NYSE:CANG) Q4 2022 Earnings Call TranscriptMarch 10, 2023 | finance.yahoo.comQ4 2022 Cango Inc Earnings CallMarch 9, 2023 | prnewswire.comCango Inc. Reports Fourth Quarter and Full Year 2022 Unaudited Financial ResultsMarch 6, 2023 | finance.yahoo.comCango Inc. to Report Fourth Quarter and Full Year 2022 Financial Results on March 9, 2023 Eastern TimeFebruary 10, 2023 | msn.com19-Year-Old Killed By Train Was 'Wonderful Kid' From Northern WestchesterDecember 24, 2022 | msn.comSA’s hidden tourism gemsDecember 16, 2022 | finance.yahoo.comCango Inc. (NYSE:CANG) Q3 2022 Earnings Call TranscriptDecember 2, 2022 | finance.yahoo.comCango Third Quarter 2022 Earnings: Revenues Beat ExpectationsNovember 30, 2022 | finance.yahoo.comCANG: Results stabilized in the third quarter but challenges remain.November 30, 2022 | finance.yahoo.comCango Inc. Reports Third Quarter 2022 Unaudited Financial ResultsNovember 30, 2022 | finance.yahoo.comEdited Transcript of CANG.N earnings conference call or presentation 30-Nov-22 1:00am GMTNovember 30, 2022 | finance.yahoo.comThe recent US$148m market cap decrease is likely to have disappointed insiders invested in Cango Inc. (NYSE:CANG)November 28, 2022 | msn.comEarnings Preview: CangoNovember 23, 2022 | finance.yahoo.comCango Inc. to Report Third Quarter 2022 Financial Results on November 29, 2022 Eastern TimeOctober 19, 2022 | streetinsider.comForm 6-K Cango Inc. For: Oct 19 - StreetInsider.comOctober 17, 2022 | prnewswire.comCango Inc. Announces Ex-dividend Date - PR NewswireOctober 17, 2022 | finance.yahoo.comCango Inc. Announces Ex-dividend DateOctober 13, 2022 | benzinga.comWhy Norwegian Cruise Line Shares Climbed By Around 12%; Here Are 66 Biggest Movers From Yesterday - Agrif - BenzingaSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive CANG Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Cango and its competitors with MarketBeat's FREE daily newsletter. Email Address CANG Company Calendar Last Earnings3/09/2023Today5/29/2023Next Earnings (Estimated)6/08/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Prepackaged software Sub-IndustryN/A SectorComputer and Technology Current SymbolNYSE:CANG CUSIPN/A CIK1725123 Webwww.cangoonline.com Phone862131835088FaxN/AEmployees2,351Year FoundedN/AProfitability EPS (Most Recent Fiscal Year)($1.19) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-161,110,000.00 Net Margins-55.13% Pretax Margin-44.16% Return on Equity-19.18% Return on Assets-12.91% Debt Debt-to-Equity Ratio0.02 Current Ratio2.16 Quick Ratio2.16 Sales & Book Value Annual Sales$287.14 million Price / Sales0.56 Cash FlowN/A Price / Cash FlowN/A Book Value$4.48 per share Price / Book0.26Miscellaneous Outstanding Shares139,740,000Free Float99,078,000Market Cap$160.70 million OptionableNot Optionable Beta0.89 Key ExecutivesJia Yuan LinChief Executive Officer & DirectorYong Yi ZhangChief Financial Officer & DirectorYihe LiuInvestor Relations ContactKey CompetitorsInnovidNYSE:CTVBackblazeNASDAQ:BLZEMiX TelematicsNYSE:MIXTPorch GroupNASDAQ:PRCHUpland SoftwareNASDAQ:UPLDView All CompetitorsInstitutional OwnershipWaverly Advisors LLCBought 26,000 shares on 5/16/2023Ownership: 0.019%Acadian Asset Management LLCBought 52,868 shares on 5/11/2023Ownership: 0.038%View All Institutional Transactions CANG Stock - Frequently Asked Questions How have CANG shares performed in 2023? Cango's stock was trading at $1.3080 at the beginning of 2023. Since then, CANG shares have decreased by 12.1% and is now trading at $1.15. View the best growth stocks for 2023 here. When is Cango's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, June 8th 2023. View our CANG earnings forecast. How were Cango's earnings last quarter? Cango Inc. (NYSE:CANG) released its quarterly earnings results on Thursday, March, 9th. The company reported ($0.60) earnings per share for the quarter, missing analysts' consensus estimates of ($0.14) by $0.46. The business had revenue of $70.63 million for the quarter, compared to analyst estimates of $70.69 million. Cango had a negative trailing twelve-month return on equity of 19.18% and a negative net margin of 55.13%. How often does Cango pay dividends? What is the dividend yield for Cango? Cango declared a -- dividend on Thursday, October 13th. Investors of record on Monday, October 24th will be given a dividend of $0.98 per share on Wednesday, November 23rd. The ex-dividend date of this dividend is Friday, November 25th. Read our dividend analysis for CANG. What ETF holds Cango's stock ? Amplify Emerging Markets FinTech ETF holds 17,040 shares of CANG stock, representing 1.46% of its portfolio. What guidance has Cango issued on next quarter's earnings? Cango issued an update on its first quarter 2023 earnings guidance on Thursday, March, 9th. The company provided EPS guidance of for the period. The company issued revenue guidance of $65.24 million-$72.49 million, compared to the consensus revenue estimate of $80.42 million. What other stocks do shareholders of Cango own? Based on aggregate information from My MarketBeat watchlists, some companies that other Cango investors own include Gilead Sciences (GILD), BCE (BCE), Altria Group (MO), Algonquin Power & Utilities (AQN), Cinemark (CNK), GSK (GSK), International Business Machines (IBM), Marathon Petroleum (MPC), NVIDIA (NVDA) and Pfizer (PFE). When did Cango IPO? (CANG) raised $138 million in an initial public offering (IPO) on Thursday, July 26th 2018. The company issued 12,500,000 shares at $10.00-$12.00 per share. Morgan Stanley, BofA Merrill Lynch and Goldman Sachs (Asia) acted as the underwriters for the IPO. What is Cango's stock symbol? Cango trades on the New York Stock Exchange (NYSE) under the ticker symbol "CANG." Who are Cango's major shareholders? Cango's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Acadian Asset Management LLC (0.04%) and Waverly Advisors LLC (0.02%). How do I buy shares of Cango? Shares of CANG stock 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 Cango's stock price today? One share of CANG stock can currently be purchased for approximately $1.15. How much money does Cango make? Cango (NYSE:CANG) has a market capitalization of $160.70 million and generates $287.14 million in revenue each year. The company earns $-161,110,000.00 in net income (profit) each year or ($1.19) on an earnings per share basis. How many employees does Cango have? The company employs 2,351 workers across the globe. How can I contact Cango? Cango's mailing address is 18F BUILDING 2 YOUYOU CENTURY PLAZA 428 SOUTH YANGGAO ROAD PUDONG NEW AREA, SHANGHAI F4, 200127. The official website for the company is www.cangoonline.com. The company can be reached via phone at 862131835088 or via email at ir@cangoonline.com. This page (NYSE:CANG) was last updated on 5/29/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Cango Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free 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. Get short term trading ideas from the MarketBeat Idea Engine. 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