Cooper-Standard (CPS) Getting Somewhat Positive Press Coverage, Study Finds
Media headlines about Cooper-Standard (NYSE:CPS) have trended somewhat positive this week, according to Accern. The research firm identifies negative and positive media coverage by analyzing more than 20 million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Cooper-Standard earned a daily sentiment score of 0.07 on Accern’s scale. Accern also assigned media headlines about the auto parts company an impact score of 46.4538363121335 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.
Several equities research analysts have recently commented on the company. Zacks Investment Research downgraded Cooper-Standard from a “buy” rating to a “hold” rating in a report on Tuesday, October 17th. Buckingham Research cut their price target on Cooper-Standard from $131.00 to $129.00 and set a “buy” rating for the company in a report on Thursday, October 19th. KeyCorp reaffirmed a “hold” rating on shares of Cooper-Standard in a report on Friday, November 17th. Goldman Sachs Group downgraded Cooper-Standard from a “buy” rating to a “neutral” rating and set a $113.00 price target for the company. in a report on Monday, October 16th. Finally, ValuEngine raised Cooper-Standard from a “buy” rating to a “strong-buy” rating in a report on Sunday, December 31st. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating, two have assigned a buy rating and one has assigned a strong buy rating to the stock. The stock has an average rating of “Hold” and an average price target of $117.17.
Shares of Cooper-Standard (NYSE:CPS) traded up $1.29 during trading on Monday, reaching $132.00. Cooper-Standard has a twelve month low of $95.33 and a twelve month high of $133.43. The firm has a market capitalization of $2,310.00, a price-to-earnings ratio of 18.03, a price-to-earnings-growth ratio of 2.36 and a beta of 0.85. The company has a quick ratio of 1.52, a current ratio of 1.75 and a debt-to-equity ratio of 0.86.
Cooper-Standard (NYSE:CPS) last announced its quarterly earnings results on Tuesday, October 31st. The auto parts company reported $2.11 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.36 by ($0.25). Cooper-Standard had a net margin of 3.88% and a return on equity of 24.99%. The business had revenue of $869.02 million for the quarter, compared to analyst estimates of $844.14 million. During the same period in the prior year, the business earned $2.48 EPS. The company’s revenue for the quarter was up 1.6% compared to the same quarter last year. sell-side analysts predict that Cooper-Standard will post 10.83 EPS for the current year.
In other news, major shareholder Silver Point Capital L.P. sold 11,000 shares of Cooper-Standard stock in a transaction on Friday, October 20th. The stock was sold at an average price of $111.70, for a total transaction of $1,228,700.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, insider Miguel Posada Juan Fernando De sold 3,028 shares of Cooper-Standard stock in a transaction on Friday, November 10th. The stock was sold at an average price of $119.38, for a total value of $361,482.64. Following the sale, the insider now directly owns 16,389 shares of the company’s stock, valued at approximately $1,956,518.82. The disclosure for this sale can be found here. Insiders have sold a total of 21,450 shares of company stock valued at $2,477,484 in the last ninety days. Insiders own 1.10% of the company’s stock.
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Cooper-Standard Company Profile
Cooper-Standard Holdings Inc is a holding company. The Company designs, manufactures and sells sealing, fuel and brake delivery, fluid transfer and anti-vibration systems for use in passenger vehicles and light trucks manufactured by global original equipment manufacturers (OEMs). The Company operates through four segments: North America, Europe, Asia Pacific and South America.
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