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.
Industry, Sector and Symbol
Industry Prepackaged software
Sub-IndustryN/A
SectorComputer and Technology
CIKN/A
Phone86-21-3183-5088
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$158.74 million
Profitability
Miscellaneous
Employees3,327
Next Earnings Date3/25/2020 (Estimated)
OptionableNot Optionable
Cango (NYSE:CANG) Frequently Asked Questions
What is Cango's stock symbol?
Cango trades on the New York Stock Exchange (NYSE) under the ticker symbol "CANG."
How often does Cango pay dividends? What is the dividend yield for Cango?
Cango announced a special dividend on Wednesday, April 24th. Investors of record on Friday, May 10th will be paid a dividend of $0.125 per share on Tuesday, May 28th. The ex-dividend date of this dividend is Thursday, May 9th. View Cango's Dividend History.
How were Cango's earnings last quarter?
Cango Inc - (NYSE:CANG) posted its quarterly earnings data on Thursday, November, 14th. The company reported $0.11 EPS for the quarter. The company had revenue of $49.15 million for the quarter. Cango had a return on equity of 6.43% and a net margin of 24.94%. View Cango's Earnings History.
When is Cango's next earnings date?
What guidance has Cango issued on next quarter's earnings?
Cango updated its fourth quarter 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 $$53.164-55.962 million, compared to the consensus revenue estimate of $$57.08 million.
What price target have analysts set for CANG?
1 brokers have issued twelve-month price objectives for Cango's stock. Their forecasts range from $7.80 to $7.80. On average, they expect Cango's stock price to reach $7.80 in the next year. This suggests that the stock has a possible downside of 14.8%. View Analyst Price Targets for Cango.
What is the consensus analysts' recommendation for Cango?
1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Cango in the last year. There are currently 1 hold rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Cango.
Has Cango been receiving favorable news coverage?
News articles about CANG stock have trended somewhat positive recently, InfoTrie Sentiment Analysis reports. The research firm identifies positive and negative media coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Cango earned a daily sentiment score of 2.0 on InfoTrie's scale. They also gave media headlines about the company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the stock's share price in the immediate future. View News Stories for Cango.
Who are some of Cango's key competitors?
Some companies that are related to Cango include Nuance Communications (NUAN), Konami (KNMCY), RealPage (RP), Manhattan Associates (MANH), Smartsheet (SMAR), Micro Focus International (MFGP), Cyberark Software (CYBR), LogMeIn (LOGM), ACI Worldwide (ACIW), New Relic (NEWR), Pivotal Software (PVTL), AppFolio (APPF), Q2 (QTWO), Blackbaud (BLKB) and Descartes Systems Group (DSGX).
What other stocks do shareholders of Cango own?
Who are Cango's key executives?
Cango's management team includes the folowing people:
- Mr. Xiaojun Zhang, Co-Founder & Chairman (Age 47)
- Mr. Jiayuan Lin, Co-Founder, CEO & Director (Age 49)
- Mr. Yongyi Zhang, CFO & Director (Age 46)
- Ms. Caroline Li, IR Director
- Ms. Yun Ye, Head of Legal Division & Director (Age 41)
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) acted as the underwriters for the IPO.
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 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 $9.15.
How big of a company is Cango?
Cango has a market capitalization of $1.39 billion and generates $158.74 million in revenue each year. The company earns $44.03 million in net income (profit) each year or $0.31 on an earnings per share basis. Cango employs 3,327 workers across the globe.View Additional Information About Cango.
What is Cango's official website?
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]
MarketBeat Community Rating for Cango (NYSE CANG)
MarketBeat's community ratings are surveys of what our community members think about Cango and other stocks. Vote "Outperform" if you believe CANG will outperform the S&P 500 over the long term. Vote "Underperform" if you believe CANG will underperform the S&P 500 over the long term. You may vote once every thirty days.
