Cooper-Standard Stock Price, News & Analysis (NYSE:CPS)

Cooper-Standard trades on the New York Stock Exchange (NYSE) under the ticker symbol "CPS."

Cooper-Standard announced that its Board of Directors has approved a stock repurchase program on Wednesday, June 20th 2018, which allows the company to buyback $150,000,000.00 in shares, according to EventVestor. This buyback authorization allows the company to buy up to 5.9% of its stock through open market purchases. Stock buyback programs are generally an indication that the company's board of directors believes its shares are undervalued.

Cooper-Standard Holdings Inc (NYSE:CPS) released its earnings results on Thursday, August, 1st. The auto parts company reported $0.31 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $1.11 by $0.80. The auto parts company earned $764.81 million during the quarter, compared to analysts' expectations of $832.61 million. Cooper-Standard had a net margin of 4.47% and a return on equity of 7.13%. The firm's quarterly revenue was down 17.6% on a year-over-year basis. During the same quarter in the previous year, the firm posted $2.74 EPS. View Cooper-Standard's Earnings History.

Cooper-Standard is scheduled to release their next quarterly earnings announcement on Thursday, November 7th 2019. View Earnings Estimates for Cooper-Standard.

Cooper-Standard issued an update on its FY 2019 earnings guidance on Thursday, August, 1st. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $3-3.2 billion, compared to the consensus revenue estimate of $3.38 billion.

5 Wall Street analysts have issued 12-month target prices for Cooper-Standard's shares. Their forecasts range from $36.00 to $56.00. On average, they anticipate Cooper-Standard's share price to reach $44.75 in the next year. This suggests a possible upside of 28.9% from the stock's current price. View Analyst Price Targets for Cooper-Standard.

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Cooper-Standard in the last year. There are currently 2 sell ratings, 1 hold rating and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Cooper-Standard.

News coverage about CPS stock has trended somewhat positive recently, InfoTrie Sentiment reports. The research group identifies negative and positive press coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Cooper-Standard earned a coverage optimism score of 0.8 on InfoTrie's scale. They also gave news stories about the auto parts company a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an effect on the stock's share price in the immediate future. View News Stories for Cooper-Standard.

Cooper-Standard saw a drop in short interest during the month of September. As of September 30th, there was short interest totalling 731,900 shares, a drop of 12.7% from the August 30th total of 838,100 shares. Based on an average daily trading volume, of 215,700 shares, the days-to-cover ratio is currently 3.4 days. Currently, 4.4% of the company's shares are short sold. View Cooper-Standard's Current Options Chain.

Some companies that are related to Cooper-Standard include LCI Industries (LCII), Dana (DAN), Adient (ADNT), Veoneer (VNE), Meritor (MTOR), Gentherm (THRM), Delphi Technologies (DLPH), Standard Motor Products (SMP), American Axle & Manufact. (AXL), Stoneridge (SRI), IOCHPE MAXION S/S (IOCJY), Garrett Motion (GTX), Tower International (TOWR), Tenneco (TEN) and Modine Manufacturing (MOD).

Based on aggregate information from My MarketBeat watchlists, some companies that other Cooper-Standard investors own include Pfizer (PFE), Costco Wholesale (COST), NVIDIA (NVDA), salesforce.com (CRM), Procter & Gamble (PG), Verizon Communications (VZ), Lam Research (LRCX), Micron Technology (MU), Allergan (AGN) and Apache (APA).

Cooper-Standard's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include State of Alaska Department of Revenue (0.08%). Company insiders that own Cooper-Standard stock include Aleksandra A Miziolek, Jeffrey A Debest, Jeffrey S Edwards, Jonathan P Banas, Keith Dwayne Stephenson, Matthew Simoncini, Miguel Posada Juan Fernando De, Sharon Wenzl, Silver Point Capital LP, Song Min Lee and William Pumphrey. View Institutional Ownership Trends for Cooper-Standard.

CPS stock was purchased by a variety of institutional investors in the last quarter, including State of Alaska Department of Revenue. Company insiders that have bought Cooper-Standard stock in the last two years include Jeffrey A Debest, Jeffrey S Edwards, Jonathan P Banas, Matthew Simoncini, Song Min Lee and William Pumphrey. View Insider Buying and Selling for Cooper-Standard.

Shares of CPS can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

One share of CPS stock can currently be purchased for approximately $34.72.

Cooper-Standard has a market capitalization of $586.77 million and generates $3.63 billion in revenue each year. The auto parts company earns $107.77 million in net income (profit) each year or $8.79 on an earnings per share basis. Cooper-Standard employs 32,000 workers across the globe.View Additional Information About Cooper-Standard.

The official website for Cooper-Standard is http://www.cooperstandard.com/.

Cooper-Standard's mailing address is 39550 ORCHARD HILL PLACE DRIVE, NOVI MI, 48375. The auto parts company can be reached via phone at 248-596-5900 or via email at [email protected]