SORL Auto Parts Inc $ 4.71 0 (0%)
SORL Auto Parts Inc News and Headlines -
Several gurus are focusing on stocks whose Peter Lynch fair values are above their current prices, according to the GuruFocus All-in-One Screener. As of Tuesday, the following companies are trading with wide margins of safety and have had positive performances over the last 12 months.
Amtech Systems Inc. (ASYS) is trading around $6.24 per share. The Peter Lynch value gives the stock a fair price of $10.6, which suggests it is undervalued with a 92% margin of safety. Over the past three months, the stock has registered a positive performance of 17.67%.
According to the GuruFocus All-In-One Screener, the following companies have grown their book value per share (BV/S) over the past decade.
BV/S is calculated as total equity minus preferred stock, divided by shares outstanding. Theoretically, it is what shareholders will receive if a company is liquidated. Total equity is a balance sheet item and equal to total assets minus total liabilities. Since the BV/S may not reflect the company’s true value, some investors check the tangible book value to confirm their investment ideas.
The BV/S of SORL Auto Parts Inc. (SORL) has grown 7.40% over the last 10 years.
Shares of SORL Auto Parts Inc. (SORL) fell almost 14% after the company posted third-quarter earnings of 28 cents per share, on revenue of $108.58 million, reflecting 7.2% year-over-year growth.
The company fell 1 cent short of earnings estimates and $400,000 of short revenue expectations.
In the third quarter, the gross profit was $26.3 million compared with $27.3 million for the third quarter of 2017. Gross margin was 24.3%, lower than the 26.9% registered in the same trimester of 2017, the decline of 260 basis points was principally explained
Shares of SORL Auto Parts Inc. (SORL) plummeted more than 20% on the heels of the company reporting its financial results for the fourth quarter. The company posted adjusted earnings per share of 15 cents. Revenue grew 43.9% from the prior-year quarter to $123 million.
Further, revenues from the domestic original equipment manufacurers segment jumped 73.3% to $38.3 million. Revenues from China's domestic aftermarket inched up 29.6% to $66.1 million. International marketsÂ revenueÂ increased 46.5% to $18.6 million. Moreover, the gross profit reached 63.6%
SORL Auto Parts Inc. (SORL) is a commercial vehicle brake systems manufacturer based in China. The company generates most of its revenue (78.2%) from its domestic customers.
I’ve run some of the same screens for the past 10 years and for a number of years now, this company has continued to be on my radar. The stock has bounced all over the place, but the financials paint a very interesting picture. With new tariff fees being placed on China, I wanted to find a Chinese company that sold into their own market. Five years ago, it was just under $3
Wall Street was down on Wednesday in pre-market trading with the main indexes in the red, continuing the downward trend started a year ago. The consumer price index rose 0.1% in October, led by falling energy prices.
Shares of SORL Auto Part, Inc. (SORL)Â skyrocketed more than 40% in the pre-market session, ahead of reporting financial results for the third quarter ended Sept. 30. The company posted EPS of 44 cents and revenue of $101.3 million, up 59.0% year over year.
Gross profit reached $27.3 million compared with $18.9 million for the third quarter of 2016. Gross margin for
U.S. stock market indexes opened higher on Monday with the three indexes well in the green as North Korea tensions ease. Futures for the Dow Jones Industrial Average rose 133 points to 21,991. The Standard & Poor’s 500 index futures gained 19 points to 2,461 and futures for the Nasdaq 100 index jumped 62 points to 6,317.
Some big moves in premarket trading were:
ZTO Express (Cayman) Inc. (ZTO) shares were up almost 4.7% in morning trading on the back of the company reporting better-than-expected earnings and revenue for its first quarter. EPS of 10 cents beat expectations by one
China-basedÂ SORL Auto Parts (SORL) reported 37% sales growth to $73.9 million and an impressive 442.8% profit growth to $7.7 million –Â a 10.5% marginÂ in the first quarterÂ vs. 2.6% in first-quarter 2016.
As observed, SORL recorded a 17.8% decline in overall operating expenses, which helped further bolster the company’s bottom line.
"We are pleased to announce another quarter of robust performance as we posted growth in all lines of our business and achieved margin expansions from top to bottom. Since the Chinese government introduced rigorous regulations on overloading in the truck market
(This article appeared first on The Stock Market Blueprint Blog.)
In this edition of Watchlist Wednesday, we highlight five of the top stocks qualifying for the Value Composite #1 screen. This screen is discussed in the book "What Works On Wall Street" by Jim O'Shaughnessy.
Value Composite description
Value Composite #1 is a compilation of multiple value factors. In O'Shaughnessy's research, he found that there was an "ongoing horse race" between which single factors performed the best. Although stocks with the lowest price ratio always ended up as the best investment options, the best-performing price ratios continuously
Asset-based analysis is one of the oldest and most fundamental ways to determine the intrinsic value of a stock.
Benjamin Graham strongly advocated for this approach in his 1934 book, "Security Analysis."
Furthermore, Graham consistently invested in stocks using asset-based analysis throughout his six decade career.
The question is, does it still work?
Relevant or Irrelevant?
Today, many analysts argue that asset-based analysis is outdated and no longer relevant. They say it’s not enough just to account for a company’s assets and liabilities.
According to them, factors such as profitability, growth and a competitive advantage far outweigh the
In this edition of Watchlist Wednesday, we highlight five of the top stocks qualifying for the Net Current Asset Value (NCAV) screen.
NCAV is a stock-selection strategy developed and implemented by Benjamin Graham as discussed in "Security Analysis" and "The Intelligent Investor."
Warren Buffett (Trades, Portfolio) nicknamed it the "cigar-butt approach" because “a cigar-butt found on the street that has only one puff left in it may not offer much of a smoke, but the ‘bargain purchase’ will make that puff all profit.”
The screen finds stocks trading for less than the difference between current
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