China Automotive Systems Issues Quarterly Earnings Results, Beats Expectations By 0.24 EPS
CAAS Stock | USD 4.40 0.04 0.90% |
Slightly above 62% of China Automotive's investor base is looking to short. The analysis of overall sentiment of trading China Automotive Systems stock suggests that many investors are alarmed at this time. China Automotive's investing sentiment can be driven by a variety of factors including economic data, China Automotive's earnings reports, geopolitical events, and overall market trends.
China |
China Automotive Systems released its quarterly earnings results on Friday. The auto parts company reported 0.35 EPS for the quarter, topping analysts consensus estimates of 0.11 by 0.24, MarketWatch Earnings reports. The business had revenue of 137.41 million during the quarter. China Automotive Systems had a net margin of 5.23 percent
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China Automotive Investor Sentiment by Other News Outlets
Investor sentiment, mood or attitude towards China Automotive can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
China Automotive Fundamental Analysis
We analyze China Automotive's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of China Automotive using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of China Automotive based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Price To Earnings To Growth
Price To Earnings To Growth Comparative Analysis
China Automotive is currently under evaluation in price to earnings to growth category among its peers. PEG Ratio indicates the potential value of an equity instrument and is calculated by dividing Price to Earnings (P/E) ratio into earnings growth rate. Most analysts and investors prefer this measure to a Price to Earnings (P/E) ratio because it incorporates the future growth of a firm. The low PEG ratio usually implies that an equity instrument is undervalued; whereas PEG of 1 may indicate that an equity is reasonably priced under given expectations of future growth.
China Automotive Systems Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with China Automotive stock to make a market-neutral strategy. Peer analysis of China Automotive could also be used in its relative valuation, which is a method of valuing China Automotive by comparing valuation metrics with similar companies.
Peers
China Automotive Related Equities
DAN | Dana | 13.30 | ||||
MPAA | Motorcar Parts | 5.76 | ||||
AXL | American Axle | 3.33 | ||||
SMP | Standard | 2.89 | ||||
SRI | Stoneridge | 2.62 | ||||
FOXF | Fox Factory | 1.42 | ||||
MNRO | Monro Muffler | 0.78 | ||||
GNTX | Gentex | 0.46 | ||||
DORM | Dorman Products | 0.44 | ||||
PLOW | Douglas Dynamics | 0.27 | ||||
CPS | Cooper Stnd | 2.53 |
Additional Tools for China Stock Analysis
When running China Automotive's price analysis, check to measure China Automotive's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy China Automotive is operating at the current time. Most of China Automotive's value examination focuses on studying past and present price action to predict the probability of China Automotive's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move China Automotive's price. Additionally, you may evaluate how the addition of China Automotive to your portfolios can decrease your overall portfolio volatility.