AutoChina International Limited Updates

   Date:2011/09/14

AutoChina International Limited (NASDAQ:AUTC). Last Market Price: 14.5, Change: -8.92, % Change: (-38.09%). Shares trade in the range of 12.21 - 23.45 dollars. It has a market capitalization of 285.36M dollars, making it a Small Cap Stock and has 19.68M outstanding shares. The company has a beta of -0.09, indicating that the stock moves counter to the market. As per the most recent quarterly report, the net income per share (EPS) is 2.04; P/E of 7.1. It operates in Services sector and belongs to Retail (Specialty) industry. The company has a 52 week high of $ 39.81 and a 52 week low of $ 12.21. Average volumes of shares traded daily are 5,011. Volume traded in the last session was at 50,725, 10.12 times the average volume.

For Q1 (Mar '11), It had a Net profit margin of 7.34%, an Operating margin of 9.52%. Other Key stats and ratios are : Return on average assets of 7.37%, Return on average equity of 17.00%. The organization has an employee strength of 1,206

Receives Letter From the Listing Qualifications Department of Nasdaq

The Company’s Chairman and CEO, Mr. Yong Hui Li stated - As announced on June 30, 2011, AutoChina is appealing the OCA’s decision that the Earn-out Provision, which was part of its initial business combination in 2009, be treated as a derivative financial instrument.

Consensus Recommendation is a Sell.

Estimate for sales for the Quarter Ending Sep-11 show a mean of 252.40 million dollars, an estimate high of 252.40 million dollars and an estimate low of 252.40 million dollars. A year ago the figures stood at 224.20 million dollars.

Estimate for sales for the Quarter Ending Dec-11 show a mean of 284.70 million dollars, an estimate high of 284.70 million dollars and an estimate low of 284.70 million dollars. A year ago the figures stood at 265.10 million dollars.

Estimate for EPS for the Quarter Ending Sep-11 show a mean of 0.60 dollars, an estimate high of 0.60 dollars and an estimate low of 0.60 dollars. A year ago the figures stood at 0.92 dollars.

Estimate for EPS for the Quarter Ending Dec-11 show a mean of 0.62 dollars, an estimate high of 0.62 dollars and an estimate low of 0.62 dollars. A year ago the figures stood at 1.18 dollars.

Sales for Quarter Ending Mar-11 was estimated at 130.15 million dollars, however the actual sales figure stood at 136.23 million dollars, 6.08 million dollars more than estimates.

Sales for Quarter Ending Dec-10 was estimated at 150.60 million dollars, however the actual sales figure stood at 155.82 million dollars, 5.22 million dollars more than estimates.
 

Source:beaconequity

2005- www.researchinchina.com All Rights Reserved 京ICP备05069564号-1 京公网安备1101054484号