Commodity Channel Index
|Bid||0.00 x 800|
|Ask||30.93 x 800|
|Day's Range||28.04 - 30.28|
|52 Week Range||13.82 - 31.58|
|Beta (5Y Monthly)||1.30|
|PE Ratio (TTM)||19.63|
|Earnings Date||Jul 27, 2020 - Jul 31, 2020|
|Forward Dividend & Yield||0.42 (1.49%)|
|Ex-Dividend Date||May 29, 2020|
|1y Target Est||26.00|
Cooper Tire & Rubber Company today announced that Paula Whitesell will join the company as Senior Vice President & Chief Human Resources Officer (CHRO) effective July 27.
Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Cooper Tire & Rubber Company and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers.
For optimum winter traction performance, Cooper Tire’s Roadmaster brand has introduced the Roadmaster RM258 WD™. Featuring an open shoulder design with four rows of lugs, the tire is Three-Peak Mountain Snowflake certified. Helping the tire achieve that rating are shoulder notches and chevron grooves for excellent bite in winter conditions. It was designed for regional applications, and comes in 11R22.5 and 11R24.5 sizes with load range H.
Right now, Cooper Tire & Rubber Inc. (NYSE: CTB) share price is at $27.45, after a 0.51% drop. Over the past month, the stock went up by 3.59%, but over the past year, it actually decreased by 12.08%. With questionable short-term performance like this, and great long-term performance, long-term shareholders might want to start looking into the company's price-to-earnings ratio.The stock is currently above from its 52 week low by 98.63%. Assuming that all other factors are held constant, this could present itself as an opportunity for investors trying to diversify their portfolio with Auto Parts stocks, and capitalize on the lower share price observed over the year.The P/E ratio is used by long-term shareholders to assess the company's market performance against aggregate market data, historical earnings, and the industry at large. A lower P/E indicates that shareholders do not expect the stock to perform better in the future, and that the company is probably undervalued. It shows that shareholders are less than willing to pay a high share price, because they do not expect the company to exhibit growth, in terms of future earnings.Depending on the particular phase of a business cycle, some industries will perform better than others.Compared to the aggregate P/E ratio of 14.43 in the Auto Parts industry, Cooper Tire & Rubber Inc. has a higher P/E ratio of 17.9. Shareholders might be inclined to think that Cooper Tire & Rubber Inc. might perform better than its industry group. It's also possible that the stock is overvalued.There are many limitations to price to earnings ratio. It is sometimes difficult to determine the nature of the earnings makeup of a company. Shareholders might not get what they're looking for, from trailing earnings.See more from Benzinga * Cooper Tire & Rubber: Q1 Earnings Insights(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Moody's Investors Service ("Moody's") confirmed the ratings of Cooper Tire & Rubber Company (Cooper Tire) with the Corporate Family Rating (CFR) and Probability of Default Rating, at Ba3 and Ba3-PD, respectively; and senior unsecured rating at B1. The Speculative Grade Liquidity Rating is revised to SGL-2 from SGL-3.
The latest 13F reporting period has come and gone, and Insider Monkey is again at the forefront when it comes to making use of this gold mine of data. Insider Monkey finished processing 821 13F filings submitted by hedge funds and prominent investors. These filings show these funds' portfolio positions as of March 31st, 2020. […]
Cooper Tire & Rubber Company announced today that it will open a new 1 million-square-foot regional distribution center in Whiteland, Ind. The facility, just minutes from the company’s current Franklin, Ind. warehouse, will replace the Franklin site with all employees expected to transition to the new location. The Whiteland facility is currently under construction and is expected to open in early 2021. It will provide increased capacity for product storage and a modern design for enhanced efficiencies.
Cooper Tire & Rubber Company today announced that six recent high school graduates have been selected to receive scholarships to pursue higher education.
Cooper Tire’s Roadmaster brand has bolstered its presence in the "final mile," pick-up and delivery, and emergency vehicle tire segment with the introduction of two new tires. The Roadmaster RM257™ drive and Roadmaster RM170+™ steer, both 19.5-inch tires, will soon be available for order through Roadmaster dealers.
Cooper Tire & Rubber Co. said Monday that its tire manufacturing plant in El Salto, Mexico will restart production, on a limited basis. The company had reopened its Mexico plant on April 13, only to have to shut it back down on April 28 after the Mexico government determined it was a non-essential business. The tire maker said its plants in China, the U.S. and Serbia have all reopened. The stock, which was little changed in premarket trading, has gained 0.9% over the past three months, while the S&P 500 has tacked on 3.1%.
Cooper Tire & Rubber Company (NYSE: CTB) announced that its tire manufacturing plant in El Salto, Mexico will begin the process of restarting production on a limited basis today.
Cooper Tire & Rubber Company (NYSE: CTB) today announced that Cooper Tire Europe plans to begin the process of reopening its manufacturing plant in Melksham, England, in the first half of June, and expects to be producing tires there by June 15. The facility, which primarily manufactures motorcycle and racing tires, has been temporarily closed since late March due to coronavirus and its impacts.
Cooper Tire (CTB) suspends 2020 guidance as it expects the coronavirus pandemic's impact to strain its operations in the days to come.
Image source: The Motley Fool. Cooper Tire & Rubber Co (NYSE: CTB)Q1 2020 Earnings CallMay 8, 2020, 11:00 p.m. ETContents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: OperatorGood morning, and welcome to Cooper Tire & Rubber Company's first quarter earnings call and webcast.
Cooper Tire & Rubber Company (NYSE: CTB) today announced a quarterly dividend of 10.5 cents per share on common stock, payable June 26, 2020 to stockholders of record at the close of business June 1, 2020. This will mark the 193rd consecutive quarterly dividend paid by Cooper Tire & Rubber Company.
Cooper Tire (CTB) delivered earnings and revenue surprises of 40.00% and -1.93%, respectively, for the quarter ended March 2020. Do the numbers hold clues to what lies ahead for the stock?
Cooper Tire & Rubber Company (NYSE: CTB) today reported a first quarter 2020 net loss of $12 million, or diluted loss per share of $0.23, compared with net income of $7 million, or $0.14 diluted earnings per share, for the same period last year.
China’s constantly shifting methodology for counting the number of cases of the coronavirus that causes COVID-19 has led it to greatly understate the numbers and the true tally may be four times the official figures, according to a new study by researchers in Hong Kong.
Cooper Tire & Rubber Co. said Thursday that that it will begin the process of reopening and ramping production at its manufacturing facilities in the U.S. next week. The facilities, which have been closed for about five weeks as a result of the COVID-19 pandemic, include locations in Findlay, Ohio; Clarksdale and Tupelo, Mississippi; and Texarkana, Arkansas. The tire maker said it will have to close its Mexico plant again, starting April 28, after it was reopened on April 13, after Mexico government determined the plant was a non-essential business. The company also said it will reopen its plant in Krusevac, Serbia, while its Melksham, England plant remains closed. The stock, which is still inactive in premarket trading, has dropped 33.8% year to date, while the S&P 500 has lost 13.4%.
Cooper Tire & Rubber Company (NYSE: CTB) today announced that its manufacturing plants in the United States and Serbia will begin the process of reopening and ramping up production next week. The facilities have been temporarily closed for approximately five weeks due to coronavirus and its impacts.
Cooper Tire & Rubber Company (NYSE: CTB) will announce first quarter 2020 financial results before the U.S. stock markets open on Thursday, May 7, 2020. Management will discuss the financial results and provide a business update on a conference call beginning at 10 a.m. EDT that day.
Cooper Tire & Rubber Company (NYSE: CTB) today announced it plans to restart operations at its tire manufacturing plant in El Salto, Mexico beginning April 13. Measures to protect the health and safety of employees, including social distancing, additional cleaning and disinfecting of facilities, restricted visitor access and other necessary steps will be in effect as employees return to work. Announcement of the plant’s temporary closure due to coronavirus impacts was made March 21.
With the start of its racing season delayed due to coronavirus, the Road to Indy Presented by Cooper Tires has gone virtual with a new five-race e-series. The e-series allows drivers from Indy Lights Presented by Cooper Tires, the Indy Pro 2000 Championship Presented by Cooper Tires and the Cooper Tires USF2000 Championship to compete against one another using race simulators.