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

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$33.76 -0.42 (-1.23 %)
(As of 11/19/2018 04:00 PM ET)
Previous Close$34.18
Today's Range$33.76 - $34.48
52-Week Range$22.58 - $40.78
Volume608,385 shs
Average Volume791,055 shs
Market Capitalization$1.71 billion
P/E Ratio10.89
Dividend Yield1.22%
Beta0.57
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
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 Ratio10.89
Forward P/E Ratio16.23
P/E Growth4.12

Sales & Book Value

Annual Sales$2.85 billion
Price / Sales0.59
Cash Flow$6.6588 per share
Price / Cash5.07
Book Value$23.13 per share
Price / Book1.46

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$1.71 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 announced a quarterly dividend on Friday, October 26th. Stockholders 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 dividend on an annualized basis and a dividend yield of 1.24%. The ex-dividend date 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 of Directors has authorized a stock repurchase program on Wednesday, April 12th 2017, which permits the company to repurchase $300,000,000.00 in shares, according to EventVestor. This repurchase authorization permits the company to purchase up to 13.9% of its shares through open market purchases. Shares repurchase programs are usually 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 earnings results on Monday, October, 29th. The company reported $1.07 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.45 by $0.62. The company earned $737.70 million during the quarter, compared to analyst estimates of $748.54 million. Cooper Tire & Rubber had a return on equity of 8.58% and a net margin of 1.25%. The company's revenue for the quarter was up .5% compared to the same quarter last year. During the same period last year, the company earned $1.18 EPS. View Cooper Tire & Rubber's Earnings History.

What price target have analysts set for CTB?

5 Wall Street analysts have issued 1 year 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 share price to reach $41.00 in the next twelve months. This suggests a possible upside of 21.4% 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?

Media stories about CTB stock have been trending somewhat positive recently, InfoTrie reports. InfoTrie identifies negative and positive press coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Cooper Tire & Rubber earned a news impact score of 2.0 on InfoTrie's scale. They also assigned headlines about the company a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an effect on the company's share price in the next few days.

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 shareholders include BlackRock Inc. (14.35%), Dimensional Fund Advisors LP (8.49%), Fairpointe Capital LLC (7.26%), FMR LLC (6.16%), Deprince Race & Zollo Inc. (6.01%) and Royce & Associates LP (5.10%). Company insiders that own Cooper Tire & Rubber stock include 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 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 Salem Capital Management Inc.. View Insider Buying and Selling for Cooper Tire & Rubber.

Which institutional 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 Comerica Bank. 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 $33.76.

How big of a company is Cooper Tire & Rubber?

Cooper Tire & Rubber has a market capitalization of $1.71 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:  260 (Vote Outperform)
Underperform Votes:  307 (Vote Underperform)
Total Votes:  567
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 11/19/2018 by MarketBeat.com Staff

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