NYSE:CTB - Cooper Tire & Rubber Stock Price, Price Target & More

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$25.80 +0.10 (+0.39 %)
(As of 07/19/2018 04:00 PM ET)
Previous Close$25.70
Today's Range$25.50 - $26.15
52-Week Range$22.58 - $40.78
Volume471,900 shs
Average Volume808,431 shs
Market Capitalization$1.28 billion
P/E Ratio8.32
Dividend Yield1.66%
Beta0.61
Cooper Tire & Rubber logoCooper 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 Ratio2.59
Quick Ratio1.50

Price-To-Earnings

Trailing P/E Ratio8.32
Forward P/E Ratio14.02
P/E Growth3.43

Sales & Book Value

Annual Sales$2.85 billion
Price / Sales0.46
Cash Flow$6.88 per share
Price / Cash3.75
Book Value$23.13 per share
Price / Book1.12

Profitability

EPS (Most Recent Fiscal Year)$3.10
Net Income$95.40 million
Net Margins2.60%
Return on Equity11.73%
Return on Assets5.31%

Miscellaneous

Employees9,204
Outstanding Shares50,550,000
Market Cap$1,276.48

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, May 4th. Investors of record on Friday, June 1st will be given a dividend of $0.105 per share on Friday, June 29th. This represents a $0.42 dividend on an annualized basis and a yield of 1.63%. The ex-dividend date is Thursday, May 31st. View Cooper Tire & Rubber's Dividend History.

How will Cooper Tire & Rubber's stock buyback program work?

Cooper Tire & Rubber declared that its board has approved a share repurchase program on Wednesday, April 12th 2017, which authorizes the company to repurchase $300,000,000.00 in shares, according to EventVestor. This repurchase authorization authorizes the company to buy up to 13.9% of its shares through open market purchases. Shares repurchase programs are generally 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, April, 30th. The company reported $0.16 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.57 by $0.41. The firm had revenue of $601.50 million for the quarter, compared to the consensus estimate of $641.21 million. Cooper Tire & Rubber had a net margin of 2.60% and a return on equity of 11.73%. The business's revenue was down 6.5% compared to the same quarter last year. During the same period last year, the firm earned $0.57 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 Thursday, August, 2nd 2018. View Earnings Estimates for Cooper Tire & Rubber.

What price target have analysts set for CTB?

8 equities research analysts have issued 1 year price targets for Cooper Tire & Rubber's stock. Their predictions range from $33.00 to $50.00. On average, they anticipate Cooper Tire & Rubber's share price to reach $42.1429 in the next year. This suggests a possible upside of 63.3% from the stock's current price. View Analyst Ratings 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 3 hold ratings and 5 buy ratings for the stock, resulting in a consensus recommendation of "Buy."

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 & Rubber Co. continues to expand its product portfolio with a focus to satisfy the market demand in all regions. It is also expanding its presence in Asia and Latin America through acquisitions and opening new sales offices. Also, it intends to reduce its manufacturing costs through increased automation in production facilities and consolidation of product family, which is expected to have a positive impact in its financials. However, due to competitive pricing, promotions and lower volumes in the industry the company is witnessing a decline in product demand." (7/3/2018)
  • 2. FBR & Co analysts commented, "We recently traveled with the Cooper management team and came away incrementally more positive around the growth opportunities that are in front of the company in both legacy markets such as North America and new markets such as China and Latin America. We think the primary concern for investors right now is lighter demand for passenger vehicle and light-truck (PVLT) replacement tires in the U.S. (a significant market). Our view is that lighter demand reflects a temporary air pocket and not a degradation in fundamentals, which we think remain favorable (higher miles driven, penetration of 17-inch and higher rim sizes, age of fleet). In addition, we believe Cooper has growth opportunities outside of the U.S. PVLT market. The company’s initiatives targeting Chinese OEM tires continue to be successful, and in our view, this is a significant revenue growth opportunity. Cooper also has opportunities in the truck and bus radial (TBR) tire market, where we believe its Roadmaster brand is seeing continued success here in the U.S. and could see opportunities abroad, as well, and in the Latin American market (although that opportunity is still in the early innings, in our view)." (9/5/2017)

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

Has Cooper Tire & Rubber been receiving favorable news coverage?

Press coverage about CTB stock has been trending somewhat negative on Thursday, Accern reports. Accern identifies positive and negative press coverage by reviewing more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Cooper Tire & Rubber earned a coverage optimism score of -0.03 on Accern's scale. They also gave press coverage about the company an impact score of 46.91 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock's share price in the near future.

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 Deprince Race & Zollo Inc. (4.73%), Foundry Partners LLC (0.71%), Salem Capital Management Inc. (0.20%), Adams Asset Advisors LLC (0.09%), Louisiana State Employees Retirement System (0.04%) and James Investment Research Inc. (0.04%). 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 James Investment Research Inc. 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 bought by a variety of institutional investors in the last quarter, including Deprince Race & Zollo Inc., Foundry Partners LLC, Adams Asset Advisors LLC, State of Alaska Department of Revenue, Louisiana State Employees Retirement System and Rowland & Co. Investment Counsel ADV. 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 $25.80.

How big of a company is Cooper Tire & Rubber?

Cooper Tire & Rubber has a market capitalization of $1.28 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.

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:  235 (Vote Outperform)
Underperform Votes:  274 (Vote Underperform)
Total Votes:  509
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 7/19/2018 by MarketBeat.com Staff

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