Zacks Small Cap Has Pessimistic Outlook of CBAT Q4 Earnings

China BAK Battery, Inc. (NASDAQ:CBAT) – Research analysts at Zacks Small Cap lowered their Q4 2026 earnings per share estimates for shares of China BAK Battery in a research note issued to investors on Tuesday, August 19th. Zacks Small Cap analyst B. Lantier now anticipates that the electronics maker will post earnings per share of $0.04 for the quarter, down from their previous estimate of $0.05. The consensus estimate for China BAK Battery’s current full-year earnings is $0.19 per share.

China BAK Battery (NASDAQ:CBAT) last issued its quarterly earnings data on Monday, August 18th. The electronics maker reported ($0.03) EPS for the quarter, beating analysts’ consensus estimates of ($0.04) by $0.01. China BAK Battery had a negative return on equity of 7.54% and a negative net margin of 6.29%.The firm had revenue of $40.52 million for the quarter, compared to analyst estimates of $33.56 million.

Separately, Wall Street Zen raised China BAK Battery from a “sell” rating to a “hold” rating in a report on Saturday, June 14th.

China BAK Battery Stock Performance

Shares of NASDAQ CBAT opened at $0.9790 on Wednesday. The company has a debt-to-equity ratio of 0.04, a current ratio of 0.72 and a quick ratio of 0.64. The stock’s fifty day moving average price is $1.07 and its two-hundred day moving average price is $0.92. China BAK Battery has a one year low of $0.5670 and a one year high of $1.30. The firm has a market cap of $86.79 million, a price-to-earnings ratio of -9.79 and a beta of 1.70.

Hedge Funds Weigh In On China BAK Battery

A number of hedge funds have recently added to or reduced their stakes in CBAT. XTX Topco Ltd bought a new position in China BAK Battery during the 1st quarter worth $27,000. Marshall Wace LLP bought a new position in China BAK Battery during the 4th quarter worth $96,000. Empowered Funds LLC increased its stake in China BAK Battery by 8.7% during the 1st quarter. Empowered Funds LLC now owns 355,536 shares of the electronics maker’s stock worth $283,000 after acquiring an additional 28,411 shares during the period. Finally, Bridgeway Capital Management LLC increased its stake in China BAK Battery by 2.5% during the 4th quarter. Bridgeway Capital Management LLC now owns 687,125 shares of the electronics maker’s stock worth $646,000 after acquiring an additional 16,788 shares during the period. Institutional investors own 1.97% of the company’s stock.

About China BAK Battery

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.