Analysts See $0.21 EPS for China Automotive Systems, Inc. (CAAS)

March 15, 2018 - By marketbeat

 Analysts See $0.21 EPS for China Automotive Systems, Inc. (CAAS)
Investors sentiment increased to 2.17 in 2017 Q3. Its up 1.17, from 1 in 2017Q2. It increased, as 3 investors sold China Automotive Systems, Inc. shares while 3 reduced holdings. 9 funds opened positions while 4 raised stakes. 1.56 million shares or 11.83% more from 1.39 million shares in 2017Q2 were reported.
Virtu Financial Lc has 12,196 shares for 0% of their portfolio. Hanson & Doremus Invest Mngmt has invested 0.16% in China Automotive Systems, Inc. (NASDAQ:CAAS). Morgan Stanley has 0% invested in China Automotive Systems, Inc. (NASDAQ:CAAS). Sensato Investors Ltd Liability Co holds 0.01% or 11,010 shares. First Manhattan Company holds 9,250 shares or 0% of its portfolio. Bridgeway Capital Management invested in 116,700 shares. Jpmorgan Chase And owns 4,800 shares or 0% of their US portfolio. Group One Trading Limited Partnership holds 0% or 7,700 shares. Stuyvesant holds 0.49% or 46,807 shares in its portfolio. Bankshares Of America De holds 200 shares. Invesco Limited holds 0% in China Automotive Systems, Inc. (NASDAQ:CAAS) or 11,443 shares. Spark Limited Liability Company holds 0.01% of its portfolio in China Automotive Systems, Inc. (NASDAQ:CAAS) for 47,700 shares. Citadel Advsrs Limited Liability holds 10,216 shares or 0% of its portfolio. Deutsche Bank Ag accumulated 79,037 shares or 0% of the stock. Geode Capital Mngmt Limited Liability Company invested 0% in China Automotive Systems, Inc. (NASDAQ:CAAS).

Analysts expect China Automotive Systems, Inc. (NASDAQ:CAAS) to report $0.21 EPS on March, 29.They anticipate $0.03 EPS change or 16.67 % from last quarter’s $0.18 EPS. CAAS’s profit would be $6.65M giving it 5.60 P/E if the $0.21 EPS is correct. After having $0.16 EPS previously, China Automotive Systems, Inc.’s analysts see 31.25 % EPS growth. The stock decreased 0.42% or $0.02 during the last trading session, reaching $4.7. About 17,420 shares traded. China Automotive Systems, Inc. (NASDAQ:CAAS) has risen 28.50% since March 15, 2017 and is uptrending. It has outperformed by 11.80% the S&P500.

China Automotive Systems, Inc., through its subsidiaries, makes and sells automotive systems and components in the People's Republic of China, the United States, and internationally. The company has market cap of $148.73 million. It 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 has a 5.87 P/E ratio. The firm is also involved in the marketing of automotive parts in North America, as well as the provision of after sales, and research and development support services.

More notable recent China Automotive Systems, Inc. (NASDAQ:CAAS) news were published by: which released: “China Automotive Systems’ (CAAS) Management on Q2 2017 Results – Earnings Call …” on August 10, 2017, also with their article: “China Automotive Systems’ Buyout Price Should Be Raised To At Least $7.50” published on June 13, 2017, published: “China Automotive Systems Reports 25.2% Net Sales Growth in the 2017 Third Quarter” on November 09, 2017. More interesting news about China Automotive Systems, Inc. (NASDAQ:CAAS) were released by: and their article: “China Automotive Systems, Inc. Announces Receipt of Preliminary Non-Binding …” published on May 15, 2017 as well as‘s news article titled: “China Automotive Systems, Inc. Announces Receipt of Revised Proposal” with publication date: August 31, 2017.

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