Cooper Tire & Rubber (NYSE:CTB) is scheduled to be posting its quarterly earnings results before the market opens on Tuesday, February 20th. Analysts expect Cooper Tire & Rubber to post earnings of $0.62 per share for the quarter.
Shares of Cooper Tire & Rubber (CTB) opened at $35.60 on Friday. The stock has a market capitalization of $1,868.93, a PE ratio of 9.18 and a beta of 0.17. Cooper Tire & Rubber has a 52 week low of $31.55 and a 52 week high of $44.50. The company has a debt-to-equity ratio of 0.24, a quick ratio of 1.59 and a current ratio of 2.67.
The business also recently declared a quarterly dividend, which will be paid on Thursday, March 29th. Stockholders of record on Thursday, March 1st will be paid a dividend of $0.105 per share. This represents a $0.42 annualized dividend and a dividend yield of 1.18%. Cooper Tire & Rubber’s dividend payout ratio (DPR) is presently 10.82%.
Several analysts have recently issued reports on the company. Zacks Investment Research upgraded Cooper Tire & Rubber from a “hold” rating to a “buy” rating and set a $44.00 price target for the company in a research note on Friday, January 12th. Longbow Research assumed coverage on Cooper Tire & Rubber in a research note on Wednesday, January 31st. They set a “buy” rating and a $50.00 price target for the company. Northcoast Research upgraded Cooper Tire & Rubber from a “neutral” rating to a “buy” rating in a research note on Wednesday, January 10th. ValuEngine upgraded Cooper Tire & Rubber from a “hold” rating to a “buy” rating in a research note on Thursday, November 30th. Finally, B. Riley reiterated a “buy” rating and set a $50.00 price target on shares of Cooper Tire & Rubber in a research note on Monday, December 11th. One research analyst has rated the stock with a sell rating, three have issued a hold rating and eight have assigned a buy rating to the stock. The company has an average rating of “Buy” and an average price target of $45.88.
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About Cooper Tire & Rubber
Cooper Tire & Rubber Company is a manufacturer and marketer of replacement tires. The Company specializes in the design, manufacture, marketing and sales of passenger car, light truck, medium truck, motorcycle, and racing tires. The Company operates through four segments: North America, Latin America, Europe, and Asia.
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