News stories about Sorl Auto Parts (NASDAQ:SORL) have been trending somewhat positive on Tuesday, Accern Sentiment Analysis reports. Accern identifies positive and negative media coverage by monitoring more than twenty million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Sorl Auto Parts earned a media sentiment score of 0.07 on Accern’s scale. Accern also assigned press coverage about the company an impact score of 45.0763196764226 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
Shares of Sorl Auto Parts (SORL) opened at $5.90 on Tuesday. Sorl Auto Parts has a 1-year low of $2.75 and a 1-year high of $9.74. The stock has a market cap of $111.20, a PE ratio of 3.83 and a beta of 1.65.
Sorl Auto Parts (NASDAQ:SORL) last posted its quarterly earnings data on Tuesday, November 14th. The company reported $0.44 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.18 by $0.26. Sorl Auto Parts had a net margin of 8.54% and a return on equity of 16.79%. The business had revenue of $101.33 million during the quarter, compared to the consensus estimate of $63.84 million. During the same quarter last year, the company posted $0.17 earnings per share. analysts forecast that Sorl Auto Parts will post 1.58 earnings per share for the current fiscal year.
Several research analysts have weighed in on the stock. ValuEngine upgraded shares of Sorl Auto Parts from a “buy” rating to a “strong-buy” rating in a report on Tuesday, December 12th. TheStreet upgraded shares of Sorl Auto Parts from a “c+” rating to a “b-” rating in a report on Wednesday, November 29th. Zacks Investment Research downgraded shares of Sorl Auto Parts from a “strong-buy” rating to a “hold” rating in a report on Tuesday, January 23rd. Finally, Greenridge Global set a $10.00 target price on shares of Sorl Auto Parts and gave the company a “buy” rating in a report on Monday, November 20th.
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Sorl Auto Parts Company Profile
SORL Auto Parts, Inc, through its interests in the Ruili Group Ruian Auto Parts Co, Ltd., a Sino-foreign joint venture (Joint Venture), develops, manufactures and distributes automotive brake systems and other safety related auto parts to automotive original equipment manufacturers (OEMs), and the related aftermarket both in China and abroad.
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