China Automotive Systems, Inc. (CAAS) Analysts See $0.17 EPS

July 14, 2018 - By Mark Mitchell

Investors sentiment decreased to 0.7 in 2018 Q1. Its down 0.12, from 0.82 in 2017Q4. It is negative, as 3 investors sold China Automotive Systems, Inc. shares while 7 reduced holdings. 3 funds opened positions while 4 raised stakes. 1.59 million shares or 3.84% less from 1.65 million shares in 2017Q4 were reported.
Connor Clark Lunn Investment Mgmt holds 0% of its portfolio in China Automotive Systems, Inc. (NASDAQ:CAAS) for 25,100 shares. Gabelli Funds Limited Co invested in 0% or 90,022 shares. Myriad Asset Management owns 74,600 shares. Renaissance Technology Limited Liability stated it has 0% in China Automotive Systems, Inc. (NASDAQ:CAAS). First Manhattan holds 9,250 shares. Spark Inv Mgmt Ltd invested in 62,100 shares. Bancorporation Of America Corporation De holds 200 shares. Hanson And Doremus Inv Mgmt holds 0.13% or 86,175 shares in its portfolio. Bridgeway Cap owns 116,400 shares or 0.01% of their US portfolio. Barclays Public Ltd has invested 0% in China Automotive Systems, Inc. (NASDAQ:CAAS). 2,604 are owned by Morgan Stanley. Stuyvesant Mgmt holds 0.35% of its portfolio in China Automotive Systems, Inc. (NASDAQ:CAAS) for 37,157 shares. Goldman Sachs Group Inc invested 0% of its portfolio in China Automotive Systems, Inc. (NASDAQ:CAAS). Macquarie Gru Ltd holds 0% of its portfolio in China Automotive Systems, Inc. (NASDAQ:CAAS) for 42,707 shares. Geode Cap Mgmt Ltd Liability Com reported 0% stake.

Analysts expect China Automotive Systems, Inc. (NASDAQ:CAAS) to report $0.17 EPS on August, 9.They anticipate $0.11 EPS change or 39.29 % from last quarter’s $0.28 EPS. CAAS’s profit would be $5.38 million giving it 5.96 P/E if the $0.17 EPS is correct. After having $0.14 EPS previously, China Automotive Systems, Inc.’s analysts see 21.43 % EPS growth. The stock decreased 1.46% or $0.06 during the last trading session, reaching $4.05. About 12,798 shares traded. China Automotive Systems, Inc. (NASDAQ:CAAS) has declined 9.38% since July 14, 2017 and is downtrending. It has underperformed by 21.95% 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 $128.16 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 currently has negative earnings. 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.

China Automotive Systems, Inc. (NASDAQ:CAAS) Institutional Positions Chart

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