S&P 500   3,823.86 (-0.46%)
DOW   30,733.04 (-0.85%)
QQQ   324.72 (-0.22%)
AAPL   141.04 (+1.42%)
MSFT   225.43 (-0.23%)
FB   273.85 (-0.24%)
GOOGL   1,877.89 (-0.78%)
AMZN   3,274.00 (-0.55%)
TSLA   861.36 (+1.74%)
NVDA   536.47 (-2.19%)
BABA   260.19 (+0.61%)
CGC   33.17 (-1.86%)
GE   10.93 (-1.62%)
MU   79.81 (-3.00%)
AMD   92.80 (+0.01%)
NIO   60.44 (-2.44%)
T   28.83 (-0.35%)
F   11.04 (-4.17%)
ACB   10.17 (-4.51%)
BA   200.29 (-2.70%)
DIS   170.07 (-1.57%)
NFLX   555.42 (-1.73%)
GILD   66.87 (-0.10%)
S&P 500   3,823.86 (-0.46%)
DOW   30,733.04 (-0.85%)
QQQ   324.72 (-0.22%)
AAPL   141.04 (+1.42%)
MSFT   225.43 (-0.23%)
FB   273.85 (-0.24%)
GOOGL   1,877.89 (-0.78%)
AMZN   3,274.00 (-0.55%)
TSLA   861.36 (+1.74%)
NVDA   536.47 (-2.19%)
BABA   260.19 (+0.61%)
CGC   33.17 (-1.86%)
GE   10.93 (-1.62%)
MU   79.81 (-3.00%)
AMD   92.80 (+0.01%)
NIO   60.44 (-2.44%)
T   28.83 (-0.35%)
F   11.04 (-4.17%)
ACB   10.17 (-4.51%)
BA   200.29 (-2.70%)
DIS   170.07 (-1.57%)
NFLX   555.42 (-1.73%)
GILD   66.87 (-0.10%)
S&P 500   3,823.86 (-0.46%)
DOW   30,733.04 (-0.85%)
QQQ   324.72 (-0.22%)
AAPL   141.04 (+1.42%)
MSFT   225.43 (-0.23%)
FB   273.85 (-0.24%)
GOOGL   1,877.89 (-0.78%)
AMZN   3,274.00 (-0.55%)
TSLA   861.36 (+1.74%)
NVDA   536.47 (-2.19%)
BABA   260.19 (+0.61%)
CGC   33.17 (-1.86%)
GE   10.93 (-1.62%)
MU   79.81 (-3.00%)
AMD   92.80 (+0.01%)
NIO   60.44 (-2.44%)
T   28.83 (-0.35%)
F   11.04 (-4.17%)
ACB   10.17 (-4.51%)
BA   200.29 (-2.70%)
DIS   170.07 (-1.57%)
NFLX   555.42 (-1.73%)
GILD   66.87 (-0.10%)
S&P 500   3,823.86 (-0.46%)
DOW   30,733.04 (-0.85%)
QQQ   324.72 (-0.22%)
AAPL   141.04 (+1.42%)
MSFT   225.43 (-0.23%)
FB   273.85 (-0.24%)
GOOGL   1,877.89 (-0.78%)
AMZN   3,274.00 (-0.55%)
TSLA   861.36 (+1.74%)
NVDA   536.47 (-2.19%)
BABA   260.19 (+0.61%)
CGC   33.17 (-1.86%)
GE   10.93 (-1.62%)
MU   79.81 (-3.00%)
AMD   92.80 (+0.01%)
NIO   60.44 (-2.44%)
T   28.83 (-0.35%)
F   11.04 (-4.17%)
ACB   10.17 (-4.51%)
BA   200.29 (-2.70%)
DIS   170.07 (-1.57%)
NFLX   555.42 (-1.73%)
GILD   66.87 (-0.10%)
Log in
NYSE:CANG

Cango Stock Forecast, Price & News

$8.70
-0.01 (-0.11 %)
(As of 01/25/2021 11:15 AM ET)
Add
Compare
Today's Range
$8.70
Now: $8.70▼
$9.19
50-Day Range
$7.00
MA: $7.51▼
$8.65
52-Week Range
$4.20
Now: $8.70▼
$14.00
Volume1,776 shs
Average Volume388,048 shs
Market Capitalization$1.32 billion
P/E Ratio4.70
Dividend Yield2.64%
Beta1.58
Cango Inc. operates an automotive transaction service platform that connects dealers, financial institutions, car buyers, and other industry participants in the People's Republic of China. It facilitates automotive financing services that include facilitating financing transactions from financial institutions to car buyers; automotive transactions between automotive wholesalers, dealers, and car buyers; and after-market services to car buyers. The company was founded in 2010 and is headquartered in Shanghai, the People's Republic of China.

MarketRank™

Overall MarketRank™

1.55 out of 5 stars

Computer And Technology Sector

266th out of 1,509 stocks

Prepackaged Software Industry

50th out of 284 stocks

Analyst Opinion: 0.0Community Rank: 2.1Dividend Strength: 2.5Insider Behavior: 0.0Valuation: 3.1 5 -4 -3 -2 -1 -

Industry, Sector and Symbol

Stock Exchange NYSE
Industry Prepackaged software
Sub-IndustryN/A
SectorComputer and Technology
Current SymbolNYSE:CANG
Previous Symbol
CUSIPN/A
CIKN/A
Webwww.cangoonline.com
Phone86-21-3183-5088
Employees3,189
Year FoundedN/A

Debt

Debt-to-Equity Ratio0.10
Current Ratio2.19
Quick Ratio2.19

Price-To-Earnings

Trailing P/E Ratio4.70
Forward P/E Ratio29.00
P/E GrowthN/A

Sales & Book Value

Annual Sales$206.85 million
Price / Sales6.37
Cash Flow$0.44 per share
Price / Cash Flow19.62
Book Value$5.21 per share
Price / Book1.67

Profitability

EPS (Most Recent Fiscal Year)$0.37
Net Income$56.15 million
Net Margins138.90%
Return on Equity33.47%
Return on Assets21.52%

Miscellaneous

Outstanding Shares151,400,000
Market Cap$1.32 billion
Next Earnings Date3/22/2021 (Estimated)
OptionableNot Optionable
$8.70
-0.01 (-0.11 %)
(As of 01/25/2021 11:15 AM ET)
30 days | 90 days | 365 days | Advanced Chart

Receive CANG News and Ratings via Email

Sign-up to receive the latest news and ratings for CANG and its competitors with MarketBeat's FREE daily newsletter.

speech bubbles
speech bubbles











Cango (NYSE:CANG) Frequently Asked Questions

How has Cango's stock price been impacted by Coronavirus?

Cango's stock was trading at $6.85 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, CANG stock has increased by 32.1% and is now trading at $9.05.
View which stocks have been most impacted by COVID-19.

What stocks does MarketBeat like better than Cango?

Wall Street analysts have given Cango a "N/A" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Cango wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is Cango's next earnings date?

Cango is scheduled to release its next quarterly earnings announcement on Monday, March 22nd 2021.
View our earnings forecast for Cango.

How were Cango's earnings last quarter?

Cango Inc. (NYSE:CANG) posted its earnings results on Sunday, November, 22nd. The company reported $11.87 earnings per share for the quarter, beating the Zacks' consensus estimate of $0.07 by $11.80. The firm had revenue of $64.06 million for the quarter. Cango had a trailing twelve-month return on equity of 33.47% and a net margin of 138.90%.
View Cango's earnings history.

How often does Cango pay dividends? What is the dividend yield for Cango?

Cango announced a -- dividend on Thursday, April 23rd. Stockholders of record on Monday, May 4th will be given a dividend of $0.23 per share on Monday, May 18th. The ex-dividend date of this dividend is Friday, May 1st.
View Cango's dividend history.

Is Cango a good dividend stock?

Cango pays an annual dividend of $0.23 per share and currently has a dividend yield of 2.64%. The dividend payout ratio of Cango is 62.16%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Cango will have a dividend payout ratio of 57.50% next year. This indicates that Cango will be able to sustain or increase its dividend.
View Cango's dividend history.

What guidance has Cango issued on next quarter's earnings?

Cango updated its fourth quarter 2020 After-Hours earnings guidance on Monday, November, 23rd. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $103.099-110.463 million, compared to the consensus revenue estimate of $87.74 million.

Who are some of Cango's key competitors?

Some companies that are related to Cango include SolarWinds (SWI), Everbridge (EVBG), Qualys (QLYS), Vertex (VERX), New Relic (NEWR), BigCommerce (BIGC), Workiva (WK), Alarm.com (ALRM), Rapid7 (RPD), ACI Worldwide (ACIW), Cerence (CRNC), Agora (API), LivePerson (LPSN), Altair Engineering (ALTR) and Cloudera (CLDR).
View all of CANG's competitors.

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), GlaxoSmithKline (GSK), International Business Machines (IBM), Marathon Petroleum (MPC), NVIDIA (NVDA) and Pfizer (PFE).

Who are Cango's key executives?

Cango's management team includes the following people:
  • Mr. Xiaojun Zhang, Co-Founder & Chairman (Age 49)
  • Mr. Jiayuan Lin, Co-Founder, CEO & Director (Age 52)
  • Mr. Yongyi Zhang, CFO & Director (Age 48)
  • Ms. Caroline Li, IR Director

When did Cango IPO?

(CANG) raised $138 million in an initial public offering on Thursday, July 26th 2018. The company issued 12,500,000 shares at a price of $10.00-$12.00 per share. Morgan Stanley, BofA Merrill Lynch and Goldman Sachs (Asia) served 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."

How do I buy shares of Cango?

Shares of CANG 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.

What is Cango's stock price today?

One share of CANG stock can currently be purchased for approximately $9.05.

How big of a company is Cango?

Cango has a market capitalization of $1.37 billion and generates $206.85 million in revenue each year. The company earns $56.15 million in net income (profit) each year or $0.37 on an earnings per share basis. Cango employs 3,189 workers across the globe.

What is Cango's official website?

The official website for Cango is www.cangoonline.com.

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 company can be reached via phone at 86-21-3183-5088 or via email at [email protected]

This page was last updated on 1/25/2021 by MarketBeat.com Staff
Receive Analysts' Upgrades and Downgrades Daily

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.