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

March 15, 2018 - By reb123z

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

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 3.56 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 decreased 1.62% or $0.11 during the last trading session, reaching $6.7. About 78,550 shares traded. SORL Auto Parts, Inc. (NASDAQ:SORL) has risen 316.96% since March 15, 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. The rating was maintained by Greenridge Global with “Buy” on Monday, November 20. TheStreet downgraded SORL Auto Parts, Inc. (NASDAQ:SORL) on Thursday, August 13 to “Buy” rating. Navellier initiated the shares of SORL in report on Monday, September 26 with “Buy” rating.

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 $129.34 million. It operates through two divisions, Commercial Vehicles Brake Systems and Passenger Vehicles Brake Systems. It has a 4.35 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: Nasdaq.com which released: “Earnings Reaction History: SORL Auto Parts, Inc., 40.0% Follow-Through …” on November 14, 2017, also Seekingalpha.com with their article: “SORL Auto Parts: Small Cap Trading At A Discount To Book Value” published on February 16, 2018, Investorplace.com published: “Sorl Auto Parts, Inc. (SORL) Stock Pops 22% as Buzz Grows” on May 22, 2017. More interesting news about SORL Auto Parts, Inc. (NASDAQ:SORL) were released by: Seekingalpha.com and their article: “Time To Pump The Brakes On SORL Auto Parts” published on December 20, 2016 as well as Zacks.com‘s news article titled: “Is SORL Auto Parts (SORL) Stock a Solid Choice Right Now? June 05, 2017” with publication date: June 05, 2017.

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