Cooper-Standard (CPS) Receiving Somewhat Favorable News Coverage, Study Finds
Media coverage about Cooper-Standard (NYSE:CPS) has trended somewhat positive recently, according to Accern Sentiment Analysis. Accern rates the sentiment of media coverage by monitoring more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Cooper-Standard earned a media sentiment score of 0.13 on Accern’s scale. Accern also gave press coverage about the auto parts company an impact score of 46.3691077617952 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.
Cooper-Standard (NYSE:CPS) opened at $130.71 on Friday. The company has a debt-to-equity ratio of 0.86, a current ratio of 1.75 and a quick ratio of 1.52. The stock has a market cap of $2,280.00, a price-to-earnings ratio of 17.86, a price-to-earnings-growth ratio of 2.23 and a beta of 0.85. Cooper-Standard has a 12 month low of $95.33 and a 12 month high of $130.91.
Cooper-Standard (NYSE:CPS) last announced its quarterly earnings data 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). The firm had revenue of $869.02 million during the quarter, compared to analyst estimates of $844.14 million. Cooper-Standard had a net margin of 3.88% and a return on equity of 24.99%. The business’s quarterly revenue was up 1.6% compared to the same quarter last year. During the same period in the prior year, the firm posted $2.48 earnings per share. equities research analysts anticipate that Cooper-Standard will post 10.88 earnings per share for the current fiscal year.
Several equities analysts have issued reports on CPS shares. Zacks Investment Research raised shares of Cooper-Standard from a “sell” rating to a “hold” rating in a research note on Friday, November 3rd. ValuEngine raised shares of Cooper-Standard from a “buy” rating to a “strong-buy” rating in a research note on Sunday, December 31st. KeyCorp reissued a “hold” rating on shares of Cooper-Standard in a research note on Friday, November 17th. Roth Capital boosted their price objective on shares of Cooper-Standard from $125.00 to $130.00 and gave the company a “buy” rating in a research note on Thursday, November 2nd. Finally, Goldman Sachs Group cut shares of Cooper-Standard from a “buy” rating to a “neutral” rating and set a $113.00 price objective on the stock. in a research note on Monday, October 16th. One equities research analyst has rated the stock with a sell rating, five have given a hold rating, two have given a buy rating and one has issued a strong buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and a consensus target price of $117.17.
In other Cooper-Standard news, major shareholder Silver Point Capital L.P. sold 11,000 shares of the business’s stock in a transaction on Friday, October 20th. The shares were sold at an average price of $111.70, for a total transaction of $1,228,700.00. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Miguel Posada Juan Fernando De sold 3,028 shares of the business’s stock in a transaction on Friday, November 10th. The stock was sold at an average price of $119.38, for a total transaction of $361,482.64. Following the sale, the insider now owns 16,389 shares in the company, valued at $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 worth $2,477,484 over the last 90 days. Insiders own 1.10% of the company’s stock.
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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