Shares of Cooper-Standard Holdings Inc (NYSE:CPS) have been assigned an average recommendation of “Hold” from the nine ratings firms that are currently covering the company, MarketBeat reports. One investment analyst has rated the stock with a sell recommendation, five have assigned a hold recommendation, two have given a buy recommendation and one has issued a strong buy recommendation on the company. The average 12 month target price among analysts that have issued ratings on the stock in the last year is $114.80.
A number of equities research analysts have recently issued reports on the stock. ValuEngine raised shares of Cooper-Standard from a “buy” rating to a “strong-buy” rating in a research report on Sunday, December 31st. Zacks Investment Research downgraded shares of Cooper-Standard from a “buy” rating to a “hold” rating in a research report on Tuesday, October 17th. Goldman Sachs Group downgraded shares of Cooper-Standard from a “buy” rating to a “neutral” rating and set a $113.00 price objective for the company. in a research report on Monday, October 16th. KeyCorp reissued a “hold” rating on shares of Cooper-Standard in a research report on Friday, November 17th. Finally, 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 report on Thursday, November 2nd.
Cooper-Standard (NYSE CPS) traded up $1.29 during trading hours on Friday, reaching $132.00. 110,476 shares of the company’s stock were exchanged, compared to its average volume of 97,700. The company has a debt-to-equity ratio of 0.86, a quick ratio of 1.52 and a current ratio of 1.75. Cooper-Standard has a fifty-two week low of $95.33 and a fifty-two week high of $133.43. The company has a market cap of $2,310.00, a P/E ratio of 18.03, a PEG ratio of 2.36 and a beta of 0.85.
Cooper-Standard (NYSE:CPS) last issued its quarterly earnings data on Tuesday, October 31st. The auto parts company reported $2.11 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates 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 the consensus estimate of $844.14 million. During the same period in the previous year, the firm earned $2.48 EPS. The company’s revenue was up 1.6% on a year-over-year basis. equities analysts predict that Cooper-Standard will post 10.88 earnings per share for the current year.
In related news, insider Sharon Wenzl sold 585 shares of Cooper-Standard stock in a transaction on Wednesday, November 29th. The shares were sold at an average price of $125.98, for a total transaction of $73,698.30. Following the transaction, the insider now owns 2,990 shares in the company, valued at approximately $376,680.20. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, SVP Song Min Lee sold 4,000 shares of Cooper-Standard stock in a transaction on Monday, November 20th. The shares were sold at an average price of $119.00, for a total transaction of $476,000.00. Following the transaction, the senior vice president now owns 12,163 shares in the company, valued at approximately $1,447,397. The disclosure for this sale can be found here. In the last three months, insiders have sold 21,450 shares of company stock valued at $2,477,484. Insiders own 1.10% of the company’s stock.
Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Suntrust Banks Inc. lifted its stake in shares of Cooper-Standard by 1.7% during the 2nd quarter. Suntrust Banks Inc. now owns 2,889 shares of the auto parts company’s stock valued at $291,000 after buying an additional 49 shares in the last quarter. CS Mckee LP lifted its stake in shares of Cooper-Standard by 0.4% during the 2nd quarter. CS Mckee LP now owns 13,550 shares of the auto parts company’s stock valued at $1,367,000 after buying an additional 50 shares in the last quarter. PNC Financial Services Group Inc. lifted its stake in shares of Cooper-Standard by 1.4% during the 2nd quarter. PNC Financial Services Group Inc. now owns 3,863 shares of the auto parts company’s stock valued at $390,000 after buying an additional 52 shares in the last quarter. Los Angeles Capital Management & Equity Research Inc. lifted its stake in shares of Cooper-Standard by 2.2% during the 2nd quarter. Los Angeles Capital Management & Equity Research Inc. now owns 4,732 shares of the auto parts company’s stock valued at $477,000 after buying an additional 100 shares in the last quarter. Finally, Public Employees Retirement System of Ohio lifted its stake in shares of Cooper-Standard by 0.4% during the 2nd quarter. Public Employees Retirement System of Ohio now owns 32,799 shares of the auto parts company’s stock valued at $3,308,000 after buying an additional 136 shares in the last quarter. Institutional investors own 96.01% 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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