|Bid||24.27 x 800|
|Ask||27.96 x 800|
|Day's Range||23.49 - 24.34|
|52 Week Range||23.22 - 35.36|
|Beta (3Y Monthly)||0.96|
|PE Ratio (TTM)||17.75|
|Forward Dividend & Yield||0.42 (1.79%)|
|1y Target Est||N/A|
Dividend paying stocks like Cooper Tire & Rubber Company (NYSE:CTB) tend to be popular with investors, and for good...
Group 1 Automotive (GPI) and Johnson Controls' (JCI) earnings improve year over year while that of Goodyear (GT) and Cooper Tire (CTB) decline in the reported quarter.
Shares of Cooper Tire & Rubber Co. tumbled 11.6% toward a 9-month low in premarket trading Monday, after the tire maker reported second-quarter revenue that missed expectations and cut its full-year volume outlook. Net income fell to $8.8 million, or 18 cents a share, from $15.0 million, or 30 cents a share, in the year-ago period. The company said results were hurt by costs related to new tariffs on imports from China and restructuring costs related to the decision to cease light vehicle tire production at its Melksham, England facility. The FactSet EPS consensus was 50 cents. Net sales fell 2.8% to $679.1 million, below the FactSet consensus of $718.1 million. For 2019, the company said it no longer expects unit volume growth, after previous guidance of "modest" growth. "Increased U.S. tariff costs and delayed timing of anticipated commercial truck tire price increases, as well as weakness in the China new vehicle and Europe replacement tire markets, are expected to impact the remainder of the year," said Chief Executive Brad Hughes. The stock has dropped 5.8% year to date through Friday, while the S&P 500 has run up 21%.
Cooper Tire (CTB) delivered earnings and revenue surprises of -64.71% and -5.49%, respectively, for the quarter ended June 2019. Do the numbers hold clues to what lies ahead for the stock?
Cooper Tire & Rubber (NYSE: CTB ) reported second-quarter earnings of 18 cents per share, which missed the analyst consensus estimate of 5 cents by 64%. This is a 40% decrease over earnings of 3 cents ...
Hurting the quarter were costs tied to new tariffs as well as restructuring expense from halting a tire line in the U.K., the company says.
Cooper Tire & Rubber Co (NYSE: CTB ) announces its next round of earnings Monday, July 29. Here's Benzinga's look at Cooper Tire & Rubber's second-quarter earnings report. Earnings and Revenue Sell-side ...
Today we'll look at Cooper Tire & Rubber Company (NYSE:CTB) and reflect on its potential as an investment...
Cooper Tire (CTB) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Is Cooper Tire & Rubber Company (NYSE:CTB) a good bet right now? We like to analyze hedge fund sentiment before doing days of in-depth research. We do so because hedge funds and other elite investors have numerous Ivy League graduates, expert network advisers, and supply chain tipsters working or consulting for them. There is not […]
Building up an investment case requires looking at a stock holistically. Today I've chosen to put the spotlight on...
Moody's Investors Service said that the announcement by Cooper Tire & Rubber Company (Cooper Tire) that it has entered into an amended $700 million senior secured bank credit facility, upsizing its existing $400 million senior secured credit facility, is a positive credit development but does not currently impact Cooper Tire's Ba3 Corporate Family Rating, or stable rating outlook. For further information, please see Cooper Tire's issuer comment dated June 28, 2019 at www.moodys.com. Cooper Tire & Rubber Company (Cooper Tire), headquartered in Findlay, Ohio, is one of the largest tire manufacturers in North America and is focused on the replacement markets for passenger cars and light and medium duty trucks.
Cooper Tire & Rubber Co NYSE:CTBView full report here! Summary * Perception of the company's creditworthiness is positive * ETFs holding this stock have seen outflows over the last one-month * Bearish sentiment is moderate Bearish sentimentShort interest | PositiveShort interest is moderate for CTB with between 5 and 10% of shares outstanding currently on loan. The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. Money flowETF/Index ownership | NegativeETF activity is negative. Over the last one-month, outflows of investor capital in ETFs holding CTB totaled $68.91 billion. Additionally, the rate of outflows appears to be accelerating. Economic sentimentPMI by IHS Markit | NeutralAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Consumer Goods sector is rising. The rate of growth is weak relative to the trend shown over the past year, however. Credit worthinessCredit default swap | PositiveThe current level displays a positive indicator with a weakening bias over the past 1-month. Although CTB credit default swap spreads are rising, indicating some deterioration in the market's perception of the company's credit worthiness, they are among the lowest levels seen during the last one year.Please send all inquiries related to the report to firstname.lastname@example.org.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
Cooper Tire (CTB) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.