China Yuchai International Limited (NYSE:CYD – Free Report) – Stock analysts at Greenridge Global cut their FY2024 earnings per share (EPS) estimates for shares of China Yuchai International in a research report issued to clients and investors on Monday, April 8th. Greenridge Global analyst W. Gregozeski now forecasts that the company will post earnings per share of $1.09 for the year, down from their prior estimate of $1.32. The consensus estimate for China Yuchai International’s current full-year earnings is $1.32 per share.
Separately, StockNews.com upgraded China Yuchai International from a “hold” rating to a “buy” rating in a research report on Wednesday, February 28th.
China Yuchai International Stock Performance
Shares of NYSE CYD opened at $8.25 on Thursday. China Yuchai International has a one year low of $7.31 and a one year high of $12.50. The business has a 50-day moving average price of $8.62 and a two-hundred day moving average price of $8.80.
Institutional Investors Weigh In On China Yuchai International
A number of hedge funds and other institutional investors have recently made changes to their positions in CYD. Millennium Management LLC purchased a new stake in shares of China Yuchai International during the 4th quarter worth about $183,000. Susquehanna International Group LLP purchased a new stake in shares of China Yuchai International during the 4th quarter worth about $130,000. Goldman Sachs Group Inc. purchased a new stake in shares of China Yuchai International during the 2nd quarter worth about $182,000. Shah Capital Management raised its stake in shares of China Yuchai International by 0.4% in the 4th quarter. Shah Capital Management now owns 4,108,507 shares of the company’s stock valued at $34,429,000 after acquiring an additional 17,071 shares in the last quarter. Finally, Citadel Advisors LLC bought a new position in shares of China Yuchai International in the 2nd quarter valued at approximately $119,000.
China Yuchai International Company Profile
China Yuchai International Limited, through its subsidiaries, manufactures, assembles, and sells diesel and natural gas engines for trucks, buses and passenger vehicles, marine, industrial, and agriculture applications in the People's Republic of China and internationally. It operates through two segments, Yuchai and HLGE.
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