China Automotive Systems, Inc. (CAAS)

NASDAQ: CAAS · IEX Real-Time Price · USD
7.22
-0.21 (-2.83%)
At close: Jan 27, 2023, 4:00 PM
7.45
+0.23 (3.19%)
After-hours: Jan 27, 2023, 7:41 PM EST
-2.83%
Market Cap 218.01M
Revenue (ttm) 539.58M
Net Income (ttm) 21.80M
Shares Out 30.20M
EPS (ttm) 0.72
PE Ratio 10.03
Forward PE 16.21
Dividend n/a
Ex-Dividend Date n/a
Volume 148,102
Open 7.44
Previous Close 7.43
Day's Range 7.18 - 7.48
52-Week Range 2.20 - 8.13
Beta 2.32
Analysts Sell
Price Target 7.65 (+5.96%)
Earnings Date Mar 28, 2023

About CAAS

China Automotive Systems, Inc., through its subsidiaries, manufactures and sells automotive systems and components in the People's Republic of China. 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 and hydraulic power steering systems and parts. The company also offers automotive motors and electromechanical integrated systems; p... [Read more]

Industry Auto Parts
CEO Qizhou Wu
Employees 4,288
Stock Exchange NASDAQ
Ticker Symbol CAAS
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 6 analysts, the average rating for CAAS stock is "Sell." The 12-month stock price forecast is $7.65, which is an increase of 5.96% from the latest price.

Price Target
$7.65
(5.96% upside)
Analyst Consensus: Sell
Stock Forecasts

News

3 Must-Buy Efficient Stocks to Enrich Your Portfolio

Invest in stocks like China Automotive Systems (CAAS), Richardson Electronics (RELL) & Tenaris (TS) for a solid efficiency level.

Other symbols: RELLTS
2 days ago - Zacks Investment Research

Is China Automotive Systems (CAAS) Stock Undervalued Right Now?

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest...

4 days ago - Zacks Investment Research

Is China Automotive Systems (CAAS) Outperforming Other Auto-Tires-Trucks Stocks This Year?

Here is how China Automotive Systems (CAAS) and Stellantis (STLA) have performed compared to their sector so far this year.

1 week ago - Zacks Investment Research

Is China Automotive Systems (CAAS) a Great Value Stock Right Now?

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest...

3 weeks ago - Zacks Investment Research

Despite Fast-paced Momentum, China Automotive Systems (CAAS) Is Still a Bargain Stock

China Automotive Systems (CAAS) could be a great choice for investors looking to buy stocks that have gained strong momentum recently but are still trading at reasonable prices. It is one of the sever...

3 weeks ago - Zacks Investment Research

Are Auto-Tires-Trucks Stocks Lagging China Automotive Systems (CAAS) This Year?

Here is how China Automotive Systems (CAAS) and Modine (MOD) have performed compared to their sector so far this year.

3 weeks ago - Zacks Investment Research

Should Value Investors Buy China Automotive Systems (CAAS) Stock?

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest...

1 month ago - Zacks Investment Research

2 Auto Stocks Up More Than 25% YTD That Still Have Room to Run

Read on to know what's driving CAAS and GPC's run on the bourses and why the rally still has legs.

Other symbols: GPC
1 month ago - Zacks Investment Research

5 Stocks With Impressive EV-to-EBITDA Ratios to Scoop Up

We have screened value stocks GLP, CAAS, STRL, GPI and NRG based on the EV-to-EBITDA ratio, which offers a clearer picture of valuation and earnings potential.

Other symbols: GLPGPINRGSTRL
1 month ago - Zacks Investment Research

New Strong Buy Stocks for December 19th

ARGO, GFI, AU, CAAS and LADR have been added to the Zacks Rank #1 (Strong Buy) List on December 19, 2022.

Other symbols: ARGOAUGFILADR
1 month ago - Zacks Investment Research

4 Promising Chinese Stocks to Buy for 2023

We have picked China stocks Pinduoduo (PDD), China Automotive Systems (CAAS), TAL Education Group (TAL) and Tencent Music Entertainment (TME) that hold promise for investors in 2023.

Other symbols: PDDTALTME
1 month ago - Zacks Investment Research

Is China Automotive Systems (CAAS) Stock Outpacing Its Auto-Tires-Trucks Peers This Year?

Here is how China Automotive Systems (CAAS) and Mazda Motor Corporation (MZDAY) have performed compared to their sector so far this year.

1 month ago - Zacks Investment Research

New Strong Buy Stocks for December 13th

CAAS, WTKWY, BSVN, JD and OCFT have been added to the Zacks Rank #1 (Strong Buy) List on December 13, 2022.

Other symbols: BSVNJDOCFT
1 month ago - Zacks Investment Research

Best Momentum Stocks to Buy for December 13th

CAAS, WTKWY and BSVN made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on December 13, 2022.

Other symbols: BSVN
1 month ago - Zacks Investment Research

China Automotive Systems Launches New Electric Power Steering Systems for BYD

WUHAN, China , Dec. 12, 2022 /PRNewswire/ -- China Automotive Systems, Inc. (Nasdaq: CAAS) ("CAAS" or the "Company"), a leading power steering components and systems supplier in China, today announced...

1 month ago - PRNewsWire

Are You Looking for a Top Momentum Pick? Why China Automotive Systems (CAAS) is a Great Choice

Does China Automotive Systems (CAAS) have what it takes to be a top stock pick for momentum investors? Let's find out.

1 month ago - Zacks Investment Research

China Automotive Systems (CAAS) Just Overtook the 20-Day Moving Average

Is it a good or bad thing when a stock surpasses resistance at the 20-day simple moving average?

1 month ago - Zacks Investment Research

Best Momentum Stock to Buy for December 7th

IMBBY, BAESY and CAAS made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on December 7, 2022.

1 month ago - Zacks Investment Research

New Strong Buy Stocks for December 7th

CAAS, INDB, MAIN, IMBBY and WTFC have been added to the Zacks Rank #1 (Strong Buy) List on December 7, 2022.

Other symbols: INDBMAINWTFC
1 month ago - Zacks Investment Research

7 Consumer Stocks to Buy and Hold for Years

Despite recent promising signs, macro concerns like inflation, interest rates and a possible recession will likely continue to weigh on the stock market in the near-term. A sustained recovery for stoc...

Other symbols: ARHSCOSTMANUMOPMWMT
1 month ago - InvestorPlace

Are Investors Undervaluing China Automotive Systems (CAAS) Right Now?

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest...

1 month ago - Zacks Investment Research

Recent Price Trend in China Automotive Systems (CAAS) is Your Friend, Here's Why

China Automotive Systems (CAAS) could be a solid choice for shorter-term investors looking to capitalize on the recent price trend in fundamentally sound stocks. It is one of the many stocks that pass...

2 months ago - Zacks Investment Research

China Automotive Systems Expands Partnership With BYD

WUHAN, China , Nov. 29, 2022 /PRNewswire/ -- China Automotive Systems, Inc. (Nasdaq: CAAS) ("CAAS" or the "Company"), a leading power steering components and systems supplier in China, today announced...

2 months ago - PRNewsWire

China Automotive Systems (CAAS) is a Great Momentum Stock: Should You Buy?

Does China Automotive Systems (CAAS) have what it takes to be a top stock pick for momentum investors? Let's find out.

2 months ago - Zacks Investment Research

Why China Automotive Systems (CAAS) Might be Well Poised for a Surge

China Automotive Systems (CAAS) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

2 months ago - Zacks Investment Research