NYSE:CPS - Cooper-Standard Stock Price, Forecast & News

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

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

Cooper-Standard Holdings Inc (NYSE:CPS) issued its earnings results on Monday, February, 24th. The auto parts company reported ($1.32) earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of ($0.59) by $0.73. The auto parts company had revenue of $726.19 million for the quarter, compared to the consensus estimate of $694.10 million. Cooper-Standard had a negative return on equity of 1.13% and a net margin of 1.95%. View Cooper-Standard's Earnings History.

Cooper-Standard is scheduled to release their next quarterly earnings announcement on Wednesday, May 6th 2020. View Earnings Estimates for Cooper-Standard.

4 brokerages have issued twelve-month price objectives for Cooper-Standard's shares. Their forecasts range from $19.00 to $36.00. On average, they anticipate Cooper-Standard's share price to reach $26.67 in the next twelve months. This suggests a possible upside of 56.3% from the stock's current price. View Analyst Price Targets for Cooper-Standard.

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

Headlines about CPS stock have trended very negative this week, according to InfoTrie. InfoTrie scores the sentiment of press coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Cooper-Standard earned a news sentiment score of -3.5 on InfoTrie's scale. They also gave headlines 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 impact on the stock's share price in the near term. View News Stories for Cooper-Standard.

Cooper-Standard saw a increase in short interest during the month of February. As of February 14th, there was short interest totalling 1,100,000 shares, an increase of 10.5% from the January 30th total of 995,100 shares. Based on an average daily trading volume, of 235,500 shares, the days-to-cover ratio is currently 4.7 days. Approximately 6.7% of the company's stock are sold short. View Cooper-Standard's Current Options Chain.

Some companies that are related to Cooper-Standard include Delphi Technologies (DLPH), Standard Motor Products (SMP), IOCHPE MAXION S/S (IOCJY), Stoneridge (SRI), American Axle & Manufact. (AXL), Tower International (TOWR), Tenneco (TEN), Garrett Motion (GTX), Modine Manufacturing (MOD), Motorcar Parts of America (MPAA), Lydall (LDL), Commercial Vehicle Group (CVGI), Strattec Security (STRT), Horizon Global (HZN) and Sorl Auto Parts (SORL).

Based on aggregate information from My MarketBeat watchlists, some companies that other Cooper-Standard investors own include Pfizer (PFE), Verizon Communications (VZ), AT&T (T), Slack (WORK), Century Aluminum (CENX), Costco Wholesale (COST), Gilead Sciences (GILD), NVIDIA (NVDA), RealReal (REAL) and SVMK (SVMK).

Cooper-Standard's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Alliancebernstein L.P. (9.59%), LSV Asset Management (4.68%), ArrowMark Colorado Holdings LLC (3.78%), State Street Corp (3.05%), Charles Schwab Investment Management Inc. (2.26%) and Jacobs Levy Equity Management Inc. (2.04%). Company insiders that own Cooper-Standard stock include Jeffrey A Debest, Jeffrey S Edwards, Jonathan P Banas, Keith Dwayne Stephenson, Matthew Simoncini, Miguel Posada Juan Fernando De, Sharon Wenzl, Song Min Lee and William Pumphrey. View Institutional Ownership Trends for Cooper-Standard.

CPS stock was sold by a variety of institutional investors in the last quarter, including Janus Henderson Group PLC, Bank of America Corp DE, Bank of Montreal Can, LSV Asset Management, Trellus Management Company LLC, Alliancebernstein L.P., Arizona State Retirement System and Alambic Investment Management L.P.. View Insider Buying and Selling for Cooper-Standard.

CPS stock was bought by a variety of institutional investors in the last quarter, including ArrowMark Colorado Holdings LLC, Goldman Sachs Group Inc., Jacobs Levy Equity Management Inc., AQR Capital Management LLC, Charles Schwab Investment Management Inc., Thrivent Financial for Lutherans, Public Sector Pension Investment Board and Levin Capital Strategies L.P.. 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 $17.06.

Cooper-Standard has a market capitalization of $287.29 million and generates $3.11 billion in revenue each year. The auto parts company earns $107.77 million in net income (profit) each year or ($0.19) 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]