News articles about Cooper Standard (NYSE:CPS) have trended somewhat positive recently, according to Accern Sentiment. Accern rates the sentiment of press coverage by reviewing more than twenty million blog and news sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Cooper Standard earned a news impact score of 0.19 on Accern’s scale. Accern also gave news stories about the auto parts company an impact score of 46.8317491242628 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.
NYSE CPS opened at $123.99 on Monday. Cooper Standard has a one year low of $95.33 and a one year high of $135.00. The company has a quick ratio of 1.58, a current ratio of 1.81 and a debt-to-equity ratio of 0.78. The stock has a market capitalization of $2.24 billion, a PE ratio of 11.19 and a beta of 0.74.
Cooper Standard (NYSE:CPS) last posted its quarterly earnings results on Wednesday, May 2nd. The auto parts company reported $3.45 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $2.91 by $0.54. Cooper Standard had a net margin of 4.08% and a return on equity of 25.10%. The business had revenue of $967.39 million during the quarter, compared to analyst estimates of $900.77 million. During the same period in the previous year, the business posted $2.95 EPS. The company’s quarterly revenue was up 7.2% on a year-over-year basis. equities analysts forecast that Cooper Standard will post 11.63 EPS for the current year.
Several research analysts have recently commented on CPS shares. Roth Capital lifted their price target on shares of Cooper Standard from $130.00 to $150.00 and gave the company a “buy” rating in a report on Tuesday, January 23rd. ValuEngine raised shares of Cooper Standard from a “buy” rating to a “strong-buy” rating in a report on Saturday, February 17th. Zacks Investment Research lowered shares of Cooper Standard from a “hold” rating to a “sell” rating in a report on Thursday, February 22nd. Finally, Bank of America lifted their price target on shares of Cooper Standard from $85.00 to $90.00 and gave the company an “underperform” rating in a report on Friday, March 2nd. One research analyst has rated the stock with a sell rating, three have given a hold rating and four have assigned a buy rating to the company. The stock currently has an average rating of “Hold” and a consensus price target of $123.20.
In related news, insider Sharon Wenzl sold 700 shares of Cooper Standard stock in a transaction dated Friday, May 4th. The shares were sold at an average price of $118.78, for a total value of $83,146.00. Following the sale, the insider now directly owns 1,046 shares in the company, valued at approximately $124,243.88. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, insider Miguel Posada Juan Fernando De sold 4,830 shares of Cooper Standard stock in a transaction dated Monday, March 12th. The shares were sold at an average price of $122.49, for a total transaction of $591,626.70. The disclosure for this sale can be found here. Over the last quarter, insiders sold 23,230 shares of company stock worth $2,847,248. 3.00% of the stock is currently owned by insiders.
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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