$0.47 EPS Expected for SORL Auto Parts, Inc. (SORL)

March 5, 2018 - By Dolores Ford

 $0.47 EPS Expected for SORL Auto Parts, Inc. (SORL)

Analysts expect SORL Auto Parts, Inc. (NASDAQ:SORL) to report $0.47 EPS on March, 30.They anticipate $0.04 EPS change or 9.30 % from last quarter’s $0.43 EPS. SORL’s profit would be $9.07 million giving it 3.20 P/E if the $0.47 EPS is correct. After having $0.44 EPS previously, SORL Auto Parts, Inc.’s analysts see 6.82 % EPS growth. The stock increased 0.84% or $0.05 during the last trading session, reaching $6.02. About 150,873 shares traded. SORL Auto Parts, Inc. (NASDAQ:SORL) has risen 316.96% since March 5, 2017 and is uptrending. It has outperformed by 300.26% the S&P500.

SORL Auto Parts, Inc. (NASDAQ:SORL) Ratings Coverage

Among 2 analysts covering Sorl Auto Parts (NASDAQ:SORL), 2 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Sorl Auto Parts had 3 analyst reports since August 13, 2015 according to SRatingsIntel. On Thursday, August 13 the stock rating was downgraded by TheStreet to “Buy”. The firm has “Buy” rating given on Monday, November 20 by Greenridge Global. The firm has “Buy” rating by Navellier given on Monday, September 26.

SORL Auto Parts, Inc., together with its subsidiaries, develops, makes, and distributes automotive brake systems and other safety related auto parts to automotive original equipment manufacturers and the related aftermarket in the People's Republic of China. The company has market cap of $116.22 million. It operates through two divisions, Commercial Vehicles Brake Systems and Passenger Vehicles Brake Systems. It has a 3.91 P/E ratio. The firm offers a range of products covering 65 categories and approximately 2000 specifications in automotive brake systems that are principally used in various types of commercial vehicles, such as trucks and buses.

More notable recent SORL Auto Parts, Inc. (NASDAQ:SORL) news were published by: Seekingalpha.com which released: “Time To Pump The Brakes On SORL Auto Parts” on December 20, 2016, also Seekingalpha.com with their article: “SORL Auto Parts (SORL) Q3 2017 Results – Earnings Call Transcript” published on November 15, 2017, Nasdaq.com published: “Zacks.com highlights: Ingles Markets, SORL Auto Parts and Kingstone” on January 17, 2018. More interesting news about SORL Auto Parts, Inc. (NASDAQ:SORL) were released by: Seekingalpha.com and their article: “SORL Auto Parts (SORL) on Q1 2017 Results – Earnings Call Transcript” published on May 15, 2017 as well as Seekingalpha.com‘s news article titled: “SORL Auto Parts: Small Cap Trading At A Discount To Book Value” with publication date: February 16, 2018.

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