NYSE:CTB - Cooper Tire & Rubber Stock Price, News, & Analysis

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$24.68 -0.29 (-1.16 %)
(As of 10/23/2018 09:34 AM ET)
Previous Close$24.97
Today's Range$24.5950 - $24.68
52-Week Range$22.58 - $40.78
Volume6,774 shs
Average Volume727,226 shs
Market Capitalization$1.23 billion
P/E Ratio7.96
Dividend Yield1.71%
Beta0.66
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.

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Industry, Sector and Symbol

Stock Exchange NYSE
Industry Tires & inner tubes
Sub-IndustryTires & Rubber
SectorAuto/Tires/Trucks
SymbolNYSE:CTB
CUSIP21683110
Phone419-423-1321

Debt

Debt-to-Equity Ratio0.25
Current Ratio2.58
Quick Ratio1.53

Price-To-Earnings

Trailing P/E Ratio7.96
Forward P/E Ratio17.63
P/E Growth4.39

Sales & Book Value

Annual Sales$2.85 billion
Price / Sales0.43
Cash Flow$6.7616 per share
Price / Cash3.65
Book Value$23.13 per share
Price / Book1.07

Profitability

EPS (Most Recent Fiscal Year)$3.10
Net Income$95.40 million
Net Margins1.53%
Return on Equity9.24%
Return on Assets4.19%

Miscellaneous

Employees9,204
Outstanding Shares50,060,000
Market Cap$1.23 billion

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 announced a quarterly dividend on Thursday, August 2nd. Investors of record on Tuesday, September 4th will be paid a dividend of $0.105 per share on Friday, September 28th. This represents a $0.42 dividend on an annualized basis and a dividend yield of 1.70%. The ex-dividend date of this dividend is Friday, August 31st. 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 approved a share buyback plan on Wednesday, April 12th 2017, which allows the company to buyback $300,000,000.00 in shares, according to EventVestor. This buyback authorization allows the company to purchase up to 13.9% of its stock through open market purchases. Stock buyback plans are often a sign that the company's management believes its stock is undervalued.

How were Cooper Tire & Rubber's earnings last quarter?

Cooper Tire & Rubber Co (NYSE:CTB) issued its quarterly earnings data on Monday, August, 6th. The company reported $0.30 EPS for the quarter, topping analysts' consensus estimates of $0.26 by $0.04. The business earned $698 million during the quarter, compared to analyst estimates of $679.75 million. Cooper Tire & Rubber had a net margin of 1.53% and a return on equity of 9.24%. The firm's revenue for the quarter was down 3.2% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.85 EPS. View Cooper Tire & Rubber's Earnings History.

When is Cooper Tire & Rubber's next earnings date?

Cooper Tire & Rubber is scheduled to release their next quarterly earnings announcement on Monday, October 29th 2018. View Earnings Estimates for Cooper Tire & Rubber.

How can I listen to Cooper Tire & Rubber's earnings call?

Cooper Tire & Rubber will be holding an earnings conference call on Monday, October 29th at 10:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 8555602582.

What price target have analysts set for CTB?

8 brokers have issued twelve-month price objectives for Cooper Tire & Rubber's stock. Their forecasts range from $33.00 to $50.00. On average, they anticipate Cooper Tire & Rubber's share price to reach $41.6667 in the next year. This suggests a possible upside of 68.8% from the stock's current price. View Analyst Price Targets for Cooper Tire & Rubber.

What is the consensus analysts' recommendation for Cooper Tire & Rubber?

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Cooper Tire & Rubber in the last year. There are currently 1 sell rating, 2 hold ratings and 5 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)

Who are some of Cooper Tire & Rubber's key competitors?

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 variety of of institutional and retail investors. Top institutional investors include Deprince Race & Zollo Inc. (6.01%), Foundry Partners LLC (0.58%), Salem Capital Management Inc. (0.17%), Gateway Investment Advisers LLC (0.16%), GHP Investment Advisors Inc. (0.09%) and Cornerstone Wealth Management LLC (0.02%). Company insiders that own Cooper Tire & Rubber stock include John J Holland, Robert D Welding and Stephen Zamansky. View Institutional Ownership Trends for Cooper Tire & Rubber.

Which institutional investors are selling Cooper Tire & Rubber stock?

CTB stock was sold by a variety of institutional investors in the last quarter, including Foundry Partners LLC, Salem Capital Management Inc. and GHP Investment Advisors Inc.. View Insider Buying and Selling for Cooper Tire & Rubber.

Which institutional investors are buying Cooper Tire & Rubber stock?

CTB stock was bought by a variety of institutional investors in the last quarter, including Deprince Race & Zollo Inc., Cornerstone Wealth Management LLC and Gateway Investment Advisers LLC. 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 $24.68.

How big of a company is Cooper Tire & Rubber?

Cooper Tire & Rubber has a market capitalization of $1.23 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?

The official website for Cooper Tire & Rubber is http://www.coopertire.com.

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)

Community Ranking:  2.3 out of 5 (star star)
Outperform Votes:  257 (Vote Outperform)
Underperform Votes:  304 (Vote Underperform)
Total Votes:  561
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.
This page was last updated on 10/23/2018 by MarketBeat.com Staff

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