China Yuchai International (NYSE:CYD) announced its quarterly earnings data on Thursday. The company reported $0.46 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.57 by ($0.11), Morningstar.com reports. The firm had revenue of $463.63 million during the quarter, compared to analyst estimates of $574.76 million. China Yuchai International had a net margin of 5.90% and a return on equity of 27.31%.
Shares of CYD opened at $14.21 on Friday. China Yuchai International has a 1 year low of $13.67 and a 1 year high of $27.98. The firm has a market capitalization of $631.36 million, a price-to-earnings ratio of 5.35 and a beta of 1.42.
Large investors have recently bought and sold shares of the company. Campbell & CO Investment Adviser LLC acquired a new position in shares of China Yuchai International during the 3rd quarter worth $195,000. Raymond James Financial Services Advisors Inc. acquired a new position in shares of China Yuchai International during the 2nd quarter worth $202,000. Segall Bryant & Hamill LLC acquired a new position in shares of China Yuchai International during the 2nd quarter worth $271,000. Ramsey Quantitative Systems grew its stake in shares of China Yuchai International by 40.3% during the 3rd quarter. Ramsey Quantitative Systems now owns 20,827 shares of the company’s stock worth $360,000 after purchasing an additional 5,980 shares during the period. Finally, Bank of New York Mellon Corp grew its stake in shares of China Yuchai International by 13.6% during the 3rd quarter. Bank of New York Mellon Corp now owns 52,595 shares of the company’s stock worth $908,000 after purchasing an additional 6,303 shares during the period. 26.85% of the stock is currently owned by institutional investors and hedge funds.
Several equities analysts have issued reports on the stock. Zacks Investment Research cut shares of China Yuchai International from a “buy” rating to a “hold” rating in a research note on Tuesday, October 30th. ValuEngine cut shares of China Yuchai International from a “sell” rating to a “strong sell” rating in a research note on Monday, October 8th.
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About China Yuchai International
China Yuchai International Limited, through its subsidiaries, manufactures and sells diesel and natural gas engines in the People's Republic of China and internationally. It operates in two segments, Yuchai and HLGE. The company provides diesel and natural gas engines for light trucks, medium and heavy-duty trucks, buses and passenger vehicles, and marine and industrial applications; and generator sets.
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