Analysts See $0.47 EPS for SORL Auto Parts, Inc. (SORL)

March 21, 2018 - By Vivian Currie

 Analysts See $0.47 EPS for SORL Auto Parts, Inc. (SORL)

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 $9.07M giving it 3.69 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 1.28% or $0.09 during the last trading session, reaching $6.94. About 57,636 shares traded. SORL Auto Parts, Inc. (NASDAQ:SORL) has risen 316.96% since March 21, 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 stock of SORL Auto Parts, Inc. (NASDAQ:SORL) earned “Buy” rating by TheStreet on Thursday, August 13. As per Monday, September 26, the company rating was initiated by Navellier. The stock of SORL Auto Parts, Inc. (NASDAQ:SORL) has “Buy” rating given on Monday, November 20 by Greenridge Global.

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 $133.98 million. It operates through two divisions, Commercial Vehicles Brake Systems and Passenger Vehicles Brake Systems. It has a 4.51 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.

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