Cooper-Standard (NYSE:CPS - Get Free Report) released its quarterly earnings data on Thursday. The auto parts company reported $0.19 EPS for the quarter, topping analysts' consensus estimates of ($0.93) by $1.12, Zacks reports. The firm had revenue of $667.07 million during the quarter, compared to analysts' expectations of $670.00 million.
Cooper-Standard Trading Up 43.4 %
NYSE:CPS traded up $6.61 on Friday, reaching $21.83. The stock had a trading volume of 2,346,948 shares, compared to its average volume of 188,530. Cooper-Standard has a 12-month low of $10.38 and a 12-month high of $22.20. The stock has a market cap of $383.07 million, a P/E ratio of -4.81 and a beta of 2.55. The company has a 50-day moving average of $14.20 and a 200 day moving average of $14.49.
Insider Buying and Selling
In related news, Director David John Mastrocola acquired 3,000 shares of the firm's stock in a transaction on Wednesday, February 19th. The stock was bought at an average cost of $15.27 per share, with a total value of $45,810.00. Following the acquisition, the director now directly owns 11,115 shares in the company, valued at approximately $169,726.05. The trade was a 36.97 % increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 8.80% of the company's stock.
Wall Street Analyst Weigh In
Several equities research analysts have recently issued reports on CPS shares. StockNews.com raised shares of Cooper-Standard from a "hold" rating to a "buy" rating in a research report on Saturday, February 22nd. Citigroup assumed coverage on Cooper-Standard in a research note on Wednesday, April 23rd. They issued a "neutral" rating and a $12.00 target price for the company.
View Our Latest Analysis on Cooper-Standard
Cooper-Standard Company Profile
(
Get Free Report)
Cooper-Standard Holdings Inc, through its subsidiary, Cooper-Standard Automotive Inc, manufactures and sells sealing, fuel and brake delivery, and fluid transfer systems in the United States, Mexico, China, Poland, Canada, Germany, France, and internationally. The company offers sealing systems, including dynamic seals, static seals, encapsulated glasses, textured surfaces with cloth appearance, obstacle detection sensor systems, FlushSeal systems, variable extrusions, specialty sealing products, stainless steel trims, and frameless systems.
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