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

March 1, 2018 - By Michael Collier

 China Automotive Systems, Inc. (CAAS) Analysts See $0.21 EPS
Investors sentiment increased to 2.17 in 2017 Q3. Its up 1.17, from 1 in 2017Q2. It is positive, 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.
Deutsche Commercial Bank Ag has invested 0% in China Automotive Systems, Inc. (NASDAQ:CAAS). Renaissance Techs Ltd Liability holds 0% or 526,033 shares in its portfolio. Sensato Ltd has 11,010 shares. Spark Inv Management Ltd holds 47,700 shares or 0.01% of its portfolio. Stuyvesant Cap Mgmt invested 0.49% of its portfolio in China Automotive Systems, Inc. (NASDAQ:CAAS). Morgan Stanley reported 0% of its portfolio in China Automotive Systems, Inc. (NASDAQ:CAAS). Jpmorgan Chase, a New York-based fund reported 4,800 shares. Gabelli Funds Ltd Liability Corp owns 90,022 shares or 0% of their US portfolio. Bridgeway Mgmt Inc, a Texas-based fund reported 116,700 shares. Invesco Limited has 0% invested in China Automotive Systems, Inc. (NASDAQ:CAAS) for 11,443 shares. Illinois-based Grp Inc One Trading L P has invested 0% in China Automotive Systems, Inc. (NASDAQ:CAAS). Connor Clark & Lunn Inv Management holds 16,700 shares or 0% of its portfolio. First Manhattan owns 9,250 shares. Barclays Public Limited Co reported 59 shares. Tower Rech Capital Llc (Trc) has 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 5.45 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 increased 3.62% or $0.16 during the last trading session, reaching $4.58. About 20,599 shares traded. China Automotive Systems, Inc. (NASDAQ:CAAS) has risen 28.50% since March 1, 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 $144.93 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 5.72 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, Inc. Announces Receipt of Revised Proposal” on August 31, 2017, also with their article: “China Automotive Systems Reports 25.2% Net Sales Growth in the 2017 Third Quarter” published on November 09, 2017, published: “China Automotive Systems, Inc. Announces Receipt of Preliminary Non-Binding …” on May 15, 2017. More interesting news about China Automotive Systems, Inc. (NASDAQ:CAAS) were released by: and their article: “China Automotive Systems’ (CAAS) Management on Q2 2017 Results – Earnings Call …” published on August 10, 2017 as well as‘s news article titled: “China Automotive Systems’ Buyout Price Should Be Raised To At Least $7.50” with publication date: June 13, 2017.

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