CBAK Energy Technology, Inc. (NASDAQ:CBAT - Free Report) - Stock analysts at Zacks Small Cap reduced their Q1 2025 earnings per share (EPS) estimates for shares of CBAK Energy Technology in a research report issued on Monday, March 17th. Zacks Small Cap analyst B. Lantier now expects that the electronics maker will earn $0.00 per share for the quarter, down from their prior forecast of $0.02. The consensus estimate for CBAK Energy Technology's current full-year earnings is $0.19 per share. Zacks Small Cap also issued estimates for CBAK Energy Technology's Q2 2025 earnings at $0.00 EPS, Q3 2025 earnings at $0.01 EPS, Q4 2025 earnings at $0.03 EPS, FY2025 earnings at $0.04 EPS, Q1 2026 earnings at $0.05 EPS, Q2 2026 earnings at $0.04 EPS, Q3 2026 earnings at $0.05 EPS, Q4 2026 earnings at $0.05 EPS and FY2026 earnings at $0.19 EPS.
CBAK Energy Technology Stock Down 0.9 %
Shares of CBAK Energy Technology stock traded down $0.01 during trading hours on Wednesday, hitting $0.82. The company's stock had a trading volume of 132,517 shares, compared to its average volume of 309,293. CBAK Energy Technology has a 1-year low of $0.77 and a 1-year high of $2.08. The business has a fifty day moving average of $0.88 and a 200 day moving average of $0.95. The company has a market capitalization of $73.78 million, a PE ratio of 6.84 and a beta of 1.59.
CBAK Energy Technology (NASDAQ:CBAT - Get Free Report) last released its quarterly earnings data on Monday, March 17th. The electronics maker reported ($0.05) EPS for the quarter, missing analysts' consensus estimates of $0.01 by ($0.06). The firm had revenue of $25.37 million for the quarter, compared to analyst estimates of $50.11 million. CBAK Energy Technology had a return on equity of 10.55% and a net margin of 6.25%.
Institutional Investors Weigh In On CBAK Energy Technology
Several large investors have recently made changes to their positions in CBAT. Empowered Funds LLC increased its position in shares of CBAK Energy Technology by 5.4% in the third quarter. Empowered Funds LLC now owns 310,337 shares of the electronics maker's stock worth $388,000 after acquiring an additional 15,812 shares in the last quarter. XTX Topco Ltd acquired a new stake in CBAK Energy Technology in the third quarter valued at approximately $46,000. Marshall Wace LLP acquired a new stake in CBAK Energy Technology in the fourth quarter valued at approximately $96,000. Finally, Bridgeway Capital Management LLC grew its position in CBAK Energy Technology by 2.5% in the fourth quarter. Bridgeway Capital Management LLC now owns 687,125 shares of the electronics maker's stock valued at $646,000 after acquiring an additional 16,788 shares in the last quarter. Institutional investors and hedge funds own 1.97% of the company's stock.
CBAK Energy Technology Company Profile
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CBAK Energy Technology, Inc, together with its subsidiaries, manufacture, commercialization, and distribution of lithium ion high power rechargeable batteries in Mainland China, the United States, Europe, and internationally. The company operates in two segments, CBAK and Hitrans. Its lithium batteries are used in various applications, including electric vehicles, such as electric cars, electric buses, and hybrid electric cars and buses; light electric vehicles, such as electric bicycles, electric motors, electric tricycles, and smaller-sized electric cars; and electric tools, energy storage, uninterruptible power supply, and other high power applications, as well as cordless power tools.
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