SunCar Technology Group (SDA) Stock Price, News & Analysis

Company Overview

SunCar Technology Group Inc., through its subsidiaries, provides digitalized automotive after-sales service and online insurance intermediation services in the People's Republic of China. It operates through three segments: Insurance Intermediation Business; Automotive After-Sales Business; and Technology Business. The company offers customized after-sale services to banking, insurance companies, and other customer types; and auto mobile insurance comprising statutory automobile liability insurance and commercial automobile insurance. In addition, it provides auto insurance SaaS products and other technical services. The company is based in Shanghai, China.

Key Stats

• Today's Range: $9.40 to $10.73
• 50-Day Range: $9.00 to $11.41
• 52-Week Range: $5.71 to $11.74
• Volume: 367,926 shs
• Average Volume: 364,655 shs
• Market Capitalization: $1.08 billion
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: N/A

SunCar Technology Group Stock Analysis - MarketRank™

SunCar Technology Group scored higher than 38% of companies evaluated by MarketBeat, and ranked 217th out of 323 stocks in the business services sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: N/A
• Analyst Rating: N/A

Consensus Rating

There is not enough analysis data for SunCar Technology Group.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: 381.82%

Earnings Growth

Earnings for SunCar Technology Group are expected to grow by 381.82% in the coming year, from $0.11 to $0.53 per share.

Price to Book Value per Share Ratio

SunCar Technology Group has a P/B Ratio of 13.72. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 4.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

1.10% of the float of SunCar Technology Group has been sold short.

Short Interest Ratio / Days to Cover

SunCar Technology Group has a short interest ratio ("days to cover") of 1.2, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in SunCar Technology Group has recently decreased by 1.25%, indicating that investor sentiment is improving.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

SunCar Technology Group does not currently pay a dividend.

Dividend Growth

SunCar Technology Group does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

1.10% of the float of SunCar Technology Group has been sold short.

Short Interest Ratio / Days to Cover

SunCar Technology Group has a short interest ratio ("days to cover") of 1.2, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in SunCar Technology Group has recently decreased by 1.25%, indicating that investor sentiment is improving.

News and Social Media

• Score: 1.9 / 5
• News Sentiment: 0.34

News Sentiment

SunCar Technology Group has a news sentiment score of 0.34. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.60 average news sentiment score of Business Services companies.

News Coverage This Week

MarketBeat has tracked 2 news articles for SunCar Technology Group this week, compared to 1 article on an average week.

Search Interest

Only 1 people have searched for SDA on MarketBeat in the last 30 days. This is a decrease of -50% compared to the previous 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, SunCar Technology Group insiders have not sold or bought any company stock.

Percentage Held by Insiders

22.20% of the stock of SunCar Technology Group is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

Only 0.26% of the stock of SunCar Technology Group is held by institutions.

SDA Stock Analysis - Frequently Asked Questions

How have SDA shares performed this year?

SunCar Technology Group's stock was trading at $8.25 at the start of the year. Since then, SDA stock has increased by 26.4% and is now trading at $10.43.
View the best growth stocks for 2024 here.

Who are SunCar Technology Group's major shareholders?

SunCar Technology Group's top institutional shareholders include Geode Capital Management LLC (0.02%), XTX Topco Ltd (0.02%) and State Street Corp (0.01%).

How do I buy shares of SunCar Technology Group?

Shares of SDA stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of SunCar Technology Group own?

Based on aggregate information from My MarketBeat watchlists, some other companies that SunCar Technology Group investors own include NVIDIA (NVDA), Super Micro Computer (SMCI), ASML (ASML), Oracle (ORCL), Carrols Restaurant Group (TAST), Axcelis Technologies (ACLS) and Bel Fuse (BELFB).

Company Calendar

• Today: 11/23/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Business Services
• Industry: Automotive repair, services & parking
• Sub-Industry: Personal Services
• Current Symbol: NASDAQ:SDA
• CUSIP: N/A
• CIK: 1936804
• Web: suncartech.com
• Phone: 86-186-0217-2929
• Fax: N/A
• Employees: N/A
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): N/A
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: N/A
• Net Margins: N/A
• Pretax Margin: N/A
• Return on Equity: N/A
• Return on Assets: N/A

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 1.32
• Quick Ratio: N/A

Sales & Book Value

• Annual Sales: $363.75 million
• Price / Sales: 2.97
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $0.76 per share
• Price / Book: 13.72

Miscellaneous

• Outstanding Shares: 103,640,000
• Free Float: 80,630,000
• Market Cap: $1.08 billion
• Optionable: Not Optionable
• Beta: -0.12