Kandi Technologies Group Stock Analysis
KNDI Stock | USD 2.12 0.05 2.42% |
Kandi Technologies Group is undervalued with Real Value of 2.33 and Target Price of 5.0. The main objective of Kandi Technologies stock analysis is to determine its intrinsic value, which is an estimate of what Kandi Technologies Group is worth, separate from its market price. There are two main types of Kandi Technologies' stock analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic factors that affect Kandi Technologies' performance, such as revenue growth, earnings, and financial stability. Technical analysis, on the other hand, focuses on the price and volume data of Kandi Technologies' stock to identify patterns and trends that may indicate its future price movements.
The Kandi Technologies stock is traded in the USA on NASDAQ Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. Kandi Technologies is usually not traded on Thanksgiving Day, Christmas Day, New Year 's Day, Dr . Martin Luther King Jr 's Birthday, Washington 's Birthday, Good Friday, Memorial Day, Juneteenth Holiday, Independence Day, Labour Day. Kandi Stock trading window is adjusted to America/New York timezone. Here, you can get updates on important government artifacts, including earning estimates, SEC corporate filings, announcements, and Kandi Technologies' ongoing operational relationships across important fundamental and technical indicators.
Kandi |
Kandi Stock Analysis Notes
About 17.0% of the company outstanding shares are owned by corporate insiders. The company has price-to-book ratio of 0.45. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Kandi Technologies had not issued any dividends in recent years. Kandi Technologies Group, Inc. designs, develops, manufactures, and commercializes electric vehicle products and parts, and off-road vehicles in the Peoples Republic of China and internationally. Kandi Technologies Group, Inc. was founded in 2002 and is headquartered in Jinhua, the Peoples Republic of China. Kandi Techs operates under Auto Parts And Components classification in the United States and is traded on NASDAQ Exchange. It employs 837 people. To find out more about Kandi Technologies Group contact Xiaoming Hu at 86 57 9822 39856 or learn more at https://ir.kandigroup.com.Kandi Technologies Quarterly Total Revenue |
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Kandi Technologies Investment Alerts
Many investors view ongoing market volatility as an opportunity to purchase more stocks at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. Kandi Technologies' investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding Kandi Technologies Group or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
Kandi Technologies generated a negative expected return over the last 90 days | |
Kandi Technologies Group currently holds about 160.27 M in cash with (68.53 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.12. | |
Roughly 17.0% of the company outstanding shares are owned by corporate insiders | |
Latest headline from news.google.com: KANDI TECHNOLOGIES GROUP INC Trade Ideas GETTEXK8A TradingView - TradingView |
Kandi Technologies Upcoming and Recent Events
Earnings reports are used by Kandi Technologies to provide an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Every quarterly earnings report provides investors with three things: an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Kandi Technologies previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
20th of March 2024 Upcoming Quarterly Report | View | |
31st of December 2023 Next Fiscal Quarter End | View |
Kandi Largest EPS Surprises
Earnings surprises can significantly impact Kandi Technologies' stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
---|---|---|---|---|---|---|---|
2008-11-14 | 2008-09-30 | 0.06 | 0.05 | -0.01 | 16 | ||
2022-03-15 | 2021-12-31 | -0.07 | -0.05 | 0.02 | 28 | ||
2022-11-08 | 2022-09-30 | -0.03 | 0.01 | 0.04 | 133 |
Kandi Technologies Thematic Classifications
In addition to having Kandi Technologies stock in your portfolios, you can add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your favorite investment opportunity, you can then obtain an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility. If you are a result-oriented investor, you can benefit from optimizing one of our existing themes to build an efficient portfolio against your specific investing outlook.
WirelessWireless technology and communications | ||
Disruptive TechnologiesFirms and ETFs that are involved or betting on industries or trends that are projected to experience exponential growth |
Kandi Stock Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Kandi Technologies is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Kandi Technologies Group backward and forwards among themselves. Kandi Technologies' institutional investor refers to the entity that pools money to purchase Kandi Technologies' securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Shares | Quadrature Capital Llp | 2023-12-31 | 64.1 K | Walleye Trading Advisors, Llc | 2023-12-31 | 57 K | Two Sigma Investments Llc | 2023-12-31 | 51.2 K | Marshall Wace Asset Management Ltd | 2023-12-31 | 51.1 K | Two Sigma Advisers, Llc | 2023-12-31 | 47.4 K | Geode Capital Management, Llc | 2023-12-31 | 44.6 K | Group One Trading, Lp | 2023-12-31 | 32.5 K | Hanson Mcclain Inc | 2023-12-31 | 29 K | Quadrant Private Wealth Management, Llc | 2023-12-31 | 22.6 K | D. E. Shaw & Co Lp | 2023-09-30 | 1 M | Bridgeway Capital Management, Llc | 2023-12-31 | 722.2 K |
Kandi Market Capitalization
The company currently falls under 'Small-Cap' category with a current market capitalization of 180.83 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Kandi Technologies's market, we take the total number of its shares issued and multiply it by Kandi Technologies's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.Kandi Profitablity
Kandi Technologies' profitability indicators refer to fundamental financial ratios that showcase Kandi Technologies' ability to generate income relative to its revenue or operating costs. If, let's say, Kandi Technologies is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Kandi Technologies' executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Kandi Technologies' profitability requires more research than a typical breakdown of Kandi Technologies' financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
Last Reported | Projected for 2024 | ||
Return On Capital Employed | (0.03) | (0.03) | |
Return On Assets | 0.000014 | 0.000015 | |
Return On Equity | 0.000018 | 0.000019 |
Management Efficiency
Kandi Technologies has return on total asset (ROA) of (0.0148) % which means that it has lost $0.0148 on every $100 spent on assets. This is way below average. Kandi Technologies' management efficiency ratios could be used to measure how well Kandi Technologies manages its routine affairs as well as how well it operates its assets and liabilities. As of now, Kandi Technologies' Return On Assets are increasing as compared to previous years. The Kandi Technologies' current Return On Equity is estimated to increase to 0.000019, while Return On Capital Employed is projected to decrease to (0.03). As of now, Kandi Technologies' Fixed Asset Turnover is decreasing as compared to previous years. The Kandi Technologies' current Return On Assets is estimated to increase to 0.000015, while Total Assets are projected to decrease to under 282.8 M.Last Reported | Projected for 2024 | ||
Price Book Value Ratio | 0.55 | 0.52 | |
Enterprise Value Multiple | 559.67 | 587.66 | |
Price Fair Value | 0.55 | 0.52 |
The analysis of Kandi Technologies' management efficiency is an essential part of evaluating and assessing the financial and operational performance of the entity. It is also vital to analyze Kandi Technologies' future growth prospects and the overall market conditions to determine the value and potential of its stock. The analysis involves studying a range of financial metrics such as revenue, earnings, profit margins, cash flow, debt, market share, and external factors such as economic trends, industry outlook, competition, and government regulations. The goal of Kandi Stock analysis is to determine whether it is undervalued, fairly valued, or overvalued and to make informed investment decisions.
Beta 1.474 |
Technical Drivers
As of the 29th of March, Kandi Technologies secures the Standard Deviation of 2.39, mean deviation of 1.83, and Risk Adjusted Performance of (0.08). Kandi Technologies Group technical analysis lets you operate historical price patterns with an objective to determine a pattern that forecasts the direction of the firm's future prices. Strictly speaking, you can use this information to find out if the firm will indeed mirror its model of past prices, or the prices will eventually revert. We were able to break down thirteen technical drivers for Kandi Technologies, which can be compared to its peers in the industry. Please verify Kandi Technologies information ratio and potential upside to decide if Kandi Technologies Group is priced some-what accurately, providing market reflects its recent price of 2.12 per share. Please also check out Kandi Technologies jensen alpha, which is currently at (0.46) to check the company can sustain itself at a future point.Kandi Technologies Price Movement Analysis
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Kandi Technologies middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Kandi Technologies. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.
Kandi Technologies Insider Trading Activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Kandi Technologies insiders, such as employees or executives, is commonly permitted as long as it does not rely on Kandi Technologies' material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Kandi Technologies insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Xiaoming Hu over a week ago Acquisition by Xiaoming Hu of 50000 shares of Kandi Technologies subject to Rule 16b-3 | ||
Jerry Lewin over a month ago Acquisition by Jerry Lewin of 5000 shares of Kandi Technologies subject to Rule 16b-3 | ||
Jingsong Qian over two months ago Acquisition by Jingsong Qian of 40000 shares of Kandi Technologies subject to Rule 16b-3 | ||
Xiaoming Hu over six months ago Acquisition by Xiaoming Hu of 50000 shares of Kandi Technologies subject to Rule 16b-3 |
Kandi Technologies Predictive Daily Indicators
Kandi Technologies intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Kandi Technologies stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Accumulation Distribution | 3022.54 | |||
Daily Balance Of Power | 0.625 | |||
Rate Of Daily Change | 1.02 | |||
Day Median Price | 2.09 | |||
Day Typical Price | 2.1 | |||
Price Action Indicator | 0.055 | |||
Period Momentum Indicator | 0.05 |
Kandi Technologies Corporate Filings
8K | 14th of March 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
8K | 29th of December 2023 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
8K | 27th of November 2023 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
17th of November 2023 Other Reports | ViewVerify | |
8K | 8th of November 2023 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
7th of November 2023 Other Reports | ViewVerify | |
11th of September 2023 Other Reports | ViewVerify | |
8K | 8th of August 2023 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
Kandi Technologies Forecast Models
Kandi Technologies' time-series forecasting models are one of many Kandi Technologies' stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Kandi Technologies' historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.About Kandi Stock Analysis
Stock analysis is the technique used by a trader or investor to examine and evaluate how Kandi Technologies prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Kandi shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Kandi Technologies. By using and applying Kandi Stock analysis, traders can create a robust methodology for identifying Kandi entry and exit points for their positions.
Last Reported | Projected for 2024 | ||
Pretax Profit Margin | 0.03 | 0.02 | |
Operating Profit Margin | (0.09) | (0.1) | |
Net Profit Margin | 0.000058 | 0.000055 | |
Gross Profit Margin | 0.33 | 0.22 |
Current Kandi Analysis - Recommendations
We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Kandi analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Kandi analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Target Price | Advice | # of Analysts | |
5.0 | Strong Sell | 0 | Odds |
Most Kandi analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Kandi stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Kandi Technologies, talking to its executives and customers, or listening to Kandi conference calls.
Kandi Analyst Advice DetailsKandi Stock Analysis Indicators
Kandi Technologies Group stock analysis indicators help investors evaluate how Kandi Technologies stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Kandi Technologies shares will generate the highest return on investment. By understating and applying Kandi Technologies stock analysis, traders can identify Kandi Technologies position entry and exit signals to maximize returns.
Begin Period Cash Flow | 151 M | |
Long Term Debt | 8.4 M | |
Common Stock Shares Outstanding | 79.9 M | |
Total Stockholder Equity | 404.1 M | |
Tax Provision | -318.6 K | |
Quarterly Earnings Growth Y O Y | 1.137 | |
Property Plant And Equipment Net | 104.7 M | |
Cash And Short Term Investments | 127.6 M | |
Cash | 93.6 M | |
Accounts Payable | 28.7 M | |
Net Debt | -52.1 M | |
50 Day M A | 2.5122 | |
Total Current Liabilities | 76.7 M | |
Other Operating Expenses | 135.2 M | |
Non Current Assets Total | 151.9 M | |
Non Currrent Assets Other | 6.9 M | |
Stock Based Compensation | 11.1 M |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kandi Technologies Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment. Note that the Kandi Technologies information on this page should be used as a complementary analysis to other Kandi Technologies' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
Complementary Tools for Kandi Stock analysis
When running Kandi Technologies' price analysis, check to measure Kandi Technologies' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Kandi Technologies is operating at the current time. Most of Kandi Technologies' value examination focuses on studying past and present price action to predict the probability of Kandi Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Kandi Technologies' price. Additionally, you may evaluate how the addition of Kandi Technologies to your portfolios can decrease your overall portfolio volatility.
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Is Kandi Technologies' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Kandi Technologies. If investors know Kandi will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Kandi Technologies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 1.137 | Revenue Per Share 1.569 | Quarterly Revenue Growth (0.26) | Return On Assets (0.01) | Return On Equity 0.0042 |
The market value of Kandi Technologies is measured differently than its book value, which is the value of Kandi that is recorded on the company's balance sheet. Investors also form their own opinion of Kandi Technologies' value that differs from its market value or its book value, called intrinsic value, which is Kandi Technologies' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Kandi Technologies' market value can be influenced by many factors that don't directly affect Kandi Technologies' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Kandi Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Kandi Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Kandi Technologies' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.