Shares of Cooper-Standard Holdings Inc (NYSE:CPS) have been assigned a consensus recommendation of “Hold” from the six research firms that are presently covering the company, MarketBeat Ratings reports. Two analysts have rated the stock with a sell rating, two have assigned a hold rating and two have assigned a buy rating to the company. The average 12 month price objective among analysts that have issued ratings on the stock in the last year is $69.33.

Several research analysts recently weighed in on CPS shares. Roth Capital reduced their price target on shares of Cooper-Standard from $90.00 to $85.00 and set a “buy” rating for the company in a research report on Thursday, February 14th. Buckingham Research upgraded shares of Cooper-Standard from a “neutral” rating to a “buy” rating and set a $83.00 price target for the company in a research report on Monday, January 14th. Zacks Investment Research downgraded shares of Cooper-Standard from a “buy” rating to a “hold” rating in a research report on Monday, February 18th. Seaport Global Securities began coverage on shares of Cooper-Standard in a research report on Wednesday, February 13th. They set a “neutral” rating for the company. Finally, ValuEngine downgraded shares of Cooper-Standard from a “hold” rating to a “sell” rating in a report on Wednesday, December 26th.

Shares of CPS traded up $0.14 during mid-day trading on Friday, hitting $53.43. 953 shares of the company were exchanged, compared to its average volume of 178,596. Cooper-Standard has a 1-year low of $53.17 and a 1-year high of $146.77. The company has a quick ratio of 1.32, a current ratio of 1.53 and a debt-to-equity ratio of 0.85. The company has a market cap of $928.47 million, a PE ratio of 6.07 and a beta of 1.36.

Cooper-Standard (NYSE:CPS) last released its quarterly earnings results on Thursday, February 14th. The auto parts company reported $1.53 earnings per share for the quarter, missing the consensus estimate of $1.93 by ($0.40). Cooper-Standard had a return on equity of 17.95% and a net margin of 2.97%. The company had revenue of $871.99 million for the quarter, compared to analyst estimates of $894.65 million. As a group, sell-side analysts expect that Cooper-Standard will post 5.74 earnings per share for the current year.

In other Cooper-Standard news, CFO Jonathan P. Banas acquired 1,000 shares of the business’s stock in a transaction on Thursday, February 28th. The stock was bought at an average price of $59.99 per share, for a total transaction of $59,990.00. Following the acquisition, the chief financial officer now owns 1,583 shares in the company, valued at $94,964.17. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. 3.00% of the stock is currently owned by corporate insiders.

A number of hedge funds have recently added to or reduced their stakes in the business. Commonwealth Bank of Australia raised its holdings in Cooper-Standard by 28.6% in the 4th quarter. Commonwealth Bank of Australia now owns 2,700 shares of the auto parts company’s stock valued at $167,000 after acquiring an additional 600 shares during the last quarter. Wedge Capital Management L L P NC increased its holdings in shares of Cooper-Standard by 31.9% during the 3rd quarter. Wedge Capital Management L L P NC now owns 2,976 shares of the auto parts company’s stock worth $357,000 after buying an additional 720 shares during the last quarter. Teachers Advisors LLC increased its holdings in shares of Cooper-Standard by 3.3% during the 3rd quarter. Teachers Advisors LLC now owns 35,870 shares of the auto parts company’s stock worth $4,304,000 after buying an additional 1,153 shares during the last quarter. Affinity Investment Advisors LLC increased its holdings in shares of Cooper-Standard by 88.9% during the 3rd quarter. Affinity Investment Advisors LLC now owns 2,947 shares of the auto parts company’s stock worth $354,000 after buying an additional 1,387 shares during the last quarter. Finally, Crossmark Global Holdings Inc. increased its holdings in shares of Cooper-Standard by 48.1% during the 4th quarter. Crossmark Global Holdings Inc. now owns 5,299 shares of the auto parts company’s stock worth $329,000 after buying an additional 1,720 shares during the last quarter. Institutional investors own 94.56% of the company’s stock.

About Cooper-Standard

Cooper-Standard Holdings Inc, through its subsidiary, Cooper-Standard Automotive Inc, designs, manufactures, and sells sealing, fuel and brake delivery, fluid transfer, and anti-vibration systems worldwide. It operates in four segments: North America, Europe, Asia Pacific, and South America. The company's sealing systems include dynamic and static seals, encapsulated glasses, stainless steel trims, flush glass systems, variable extrusions, and specialty sealing products.

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