Cooper Tire & Rubber Company, together with its subsidiaries, designs, manufactures, and markets replacement tires in North America, Latin America, Europe, and Asia. The company operates through Americas Tire Operations and International Tire Operations segments. It manufactures and markets passenger car, light truck, motorcycle, and racing tires, as well as tire retread material; and distributes tires for racing, medium trucks, and motorcycles. The company sells its products to independent tire dealers, wholesale distributors, regional and national retail tire chains, and other tire and automotive product retail chains, as well as original equipment manufacturers; and directly to end users through three owned retail stores. Cooper Tire & Rubber Company was founded in 1913 and is headquartered in Findlay, Ohio.
Industry, Sector and Symbol
Stock Exchange NYSE
Industry Tires & inner tubes
Sub-IndustryTires & Rubber
SectorAuto/Tires/Trucks
Current SymbolNYSE:CTB
Previous Symbol
CUSIP21683110
Phone419-423-1321
Debt
Debt-to-Equity Ratio0.24
Current Ratio2.55
Quick Ratio1.59
Price-To-Earnings
Trailing P/E Ratio10.07
Forward P/E Ratio15.01
P/E Growth3.76
Sales & Book Value
Annual Sales$2.85 billion
Price / Sales0.55
Cash Flow$6.7430 per share
Price / Cash Flow4.63
Book Value$23.13 per share
Price / Book1.35
Profitability
EPS (Most Recent Fiscal Year)$3.10
Net Income$95.40 million
Net Margins1.25%
Return on Equity8.58%
Return on Assets3.91%
Miscellaneous
Employees9,204
Outstanding Shares50,070,000
Market Cap$1.56 billion
OptionableOptionable
Cooper Tire & Rubber (NYSE:CTB) Frequently Asked Questions
What is Cooper Tire & Rubber's stock symbol?
Cooper Tire & Rubber trades on the New York Stock Exchange (NYSE) under the ticker symbol "CTB."
How often does Cooper Tire & Rubber pay dividends? What is the dividend yield for Cooper Tire & Rubber?
Cooper Tire & Rubber declared a quarterly dividend on Friday, October 26th. Investors of record on Monday, December 3rd will be given a dividend of $0.105 per share on Friday, December 28th. This represents a $0.42 annualized dividend and a yield of 1.35%. The ex-dividend date of this dividend is Friday, November 30th. View Cooper Tire & Rubber's Dividend History.
How will Cooper Tire & Rubber's stock buyback program work?
Cooper Tire & Rubber announced that its board has initiated a share repurchase plan on Wednesday, April 12th 2017, which permits the company to repurchase $300,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization permits the company to repurchase up to 13.9% of its shares through open market purchases. Shares repurchase plans are often an indication that the company's leadership believes its stock is undervalued.
How were Cooper Tire & Rubber's earnings last quarter?
Cooper Tire & Rubber Co (NYSE:CTB) posted its quarterly earnings data on Monday, October, 29th. The company reported $1.07 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $0.45 by $0.62. The company earned $737.70 million during the quarter, compared to analysts' expectations of $748.54 million. Cooper Tire & Rubber had a net margin of 1.25% and a return on equity of 8.58%. Cooper Tire & Rubber's quarterly revenue was up .5% on a year-over-year basis. During the same quarter last year, the company posted $1.18 earnings per share. View Cooper Tire & Rubber's Earnings History.
What price target have analysts set for CTB?
5 brokers have issued 12-month price targets for Cooper Tire & Rubber's stock. Their forecasts range from $33.00 to $50.00. On average, they expect Cooper Tire & Rubber's stock price to reach $40.25 in the next year. This suggests a possible upside of 28.9% from the stock's current price. View Analyst Price Targets for Cooper Tire & Rubber.
What is the consensus analysts' recommendation for Cooper Tire & Rubber?
5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Cooper Tire & Rubber in the last year. There are currently 2 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Cooper Tire & Rubber.
What are Wall Street analysts saying about Cooper Tire & Rubber stock?
Here are some recent quotes from research analysts about Cooper Tire & Rubber stock:
- 1. According to Zacks Investment Research, "Cooper Tire is expanding its presence in Asia and Latin America, which are expected to drive demand in the coming years. This has encouraged the company to manufacture products, per the requirement of the markets. It is also developing products with superior design and functionality to cater to the demand of customers. In the past six months, shares of the company have outperformed the industry it belongs to. However, high raw material costs along with other expenses are increasing capital expenditure for Cooper Tire, which might hurt its margin. Also, it competes with industry peers that include bigger companies with greater financial resources resulting in counter competition, which positions the company in a complex position." (10/9/2018)
- 2. Longbow Research analysts commented, "CTB is currently trading at 9.6x consensus FY2 EPS estimates, below the company’s 5-year average forward P/E of 9.9x. On an EV/EBITDA basis, CTB trades at 4.2x FY2 EV/EBITDA, compared to the company’s 5-year average of 4.3x." (8/6/2018)
Has Cooper Tire & Rubber been receiving favorable news coverage?
Headlines about CTB stock have trended positive on Sunday, according to InfoTrie. InfoTrie ranks the sentiment of media coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Cooper Tire & Rubber earned a news impact score of 3.0 on InfoTrie's scale. They also gave news headlines about the company a news buzz of 8.0 out of 10, meaning that recent media coverage is very likely to have an impact on the stock's share price in the immediate future.
Who are some of Cooper Tire & Rubber's key competitors?
Some companies that are related to Cooper Tire & Rubber include Harley-Davidson (HOG), Allison Transmission (ALSN), Hino Motors (HINOY), WABCO (WBC), Gentex (GNTX), Goodyear Tire & Rubber (GT), Oshkosh (OSK), XT Energy Group (XTNY), Brilliance China Automotive (BCAUY), CarGurus (CARG), Dorman Products (DORM), BRP (DOOO), Navistar International (NAV), Dongfeng Motor Group (DNFGY) and Veoneer (VNE).
Who are Cooper Tire & Rubber's key executives?
Cooper Tire & Rubber's management team includes the folowing people:
- Mr. Bradley E. Hughes, Pres, CEO & Director (Age 56)
- Ms. Ginger M. Jones, Sr. VP & CFO (Age 54)
- Mr. Stephen Zamansky, Sr. VP, Gen. Counsel & Sec. (Age 47)
- Mr. John J. Bollman, Sr. VP & Chief HR Officer (Age 60)
- Mr. John Ebert, Gen. Mang. of Cooper Kenda Joint Venture Plant
Who are Cooper Tire & Rubber's major shareholders?
Cooper Tire & Rubber's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (14.35%), Vanguard Group Inc. (10.01%), Vanguard Group Inc (10.01%), Dimensional Fund Advisors LP (8.49%), Fairpointe Capital LLC (7.26%) and FMR LLC (6.16%). Company insiders that own Cooper Tire & Rubber stock include Robert D Welding and Stephen Zamansky. View Institutional Ownership Trends for Cooper Tire & Rubber.
Which major investors are selling Cooper Tire & Rubber stock?
CTB stock was sold by a variety of institutional investors in the last quarter, including RE Advisers Corp, Fairpointe Capital LLC, Tocqueville Asset Management L.P., Renaissance Technologies LLC, Foundry Partners LLC, Piermont Capital Management Inc., Putnam Investments LLC and Morgan Stanley. View Insider Buying and Selling for Cooper Tire & Rubber.
Which major investors are buying Cooper Tire & Rubber stock?
CTB stock was purchased by a variety of institutional investors in the last quarter, including Deprince Race & Zollo Inc., Frontier Capital Management Co. LLC, Rutabaga Capital Management LLC MA, Russell Investments Group Ltd., BlackRock Inc., Man Group plc, Loomis Sayles & Co. L P and Vanguard Group Inc. View Insider Buying and Selling for Cooper Tire & Rubber.
How do I buy shares of Cooper Tire & Rubber?
Shares of CTB 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, Scottrade, Fidelity and Charles Schwab.
What is Cooper Tire & Rubber's stock price today?
One share of CTB stock can currently be purchased for approximately $31.22.
How big of a company is Cooper Tire & Rubber?
Cooper Tire & Rubber has a market capitalization of $1.56 billion and generates $2.85 billion in revenue each year. The company earns $95.40 million in net income (profit) each year or $3.10 on an earnings per share basis. Cooper Tire & Rubber employs 9,204 workers across the globe.
What is Cooper Tire & Rubber's official website?
How can I contact Cooper Tire & Rubber?
Cooper Tire & Rubber's mailing address is 701 LIMA AVENUE, FINDLAY OH, 45840. The company can be reached via phone at 419-423-1321 or via email at [email protected]
MarketBeat Community Rating for Cooper Tire & Rubber (NYSE CTB)
MarketBeat's community ratings are surveys of what our community members think about Cooper Tire & Rubber and other stocks. Vote "Outperform" if you believe CTB will outperform the S&P 500 over the long term. Vote "Underperform" if you believe CTB will underperform the S&P 500 over the long term. You may vote once every thirty days.
