CTB - Cooper Tire & Rubber Company

NYSE - NYSE Delayed Price. Currency in USD
24.57
+0.25 (+1.03%)
At close: 4:00PM EDT
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Inside Bar (Bearish)

Inside Bar (Bearish)

Performance Outlook
  • Short Term
    2W - 6W
  • Mid Term
    6W - 9M
  • Long Term
    9M+
Previous Close24.32
Open24.52
Bid22.59 x 1000
Ask24.56 x 1400
Day's Range23.80 - 24.61
52 Week Range13.82 - 32.33
Volume281,884
Avg. Volume569,798
Market Cap1.235B
Beta (5Y Monthly)1.24
PE Ratio (TTM)15.93
EPS (TTM)1.54
Earnings DateJul 27, 2020 - Jul 31, 2020
Forward Dividend & Yield0.42 (1.73%)
Ex-Dividend DateMay 29, 2020
1y Target Est23.33
Fair Value is the appropriate price for the shares of a company, based on its earnings and growth rate also interpreted as when P/E Ratio = Growth Rate. Estimated return represents the projected annual return you might expect after purchasing shares in the company and holding them over the default time horizon of 5 years, based on the EPS growth rate that we have projected.
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-4% Est. Return
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  • Business Wire

    Cooper Tire Europe Plans to Restart Manufacturing at U.K. Plant Beginning June 15

    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) Q1 Loss Narrower Than Expected, Revenues Fall
    Zacks

    Cooper Tire (CTB) Q1 Loss Narrower Than Expected, Revenues Fall

    Cooper Tire (CTB) suspends 2020 guidance as it expects the coronavirus pandemic's impact to strain its operations in the days to come.

  • Cooper Tire & Rubber Co (CTB) Q1 2020 Earnings Call Transcript
    Motley Fool

    Cooper Tire & Rubber Co (CTB) Q1 2020 Earnings Call Transcript

    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.

  • Thomson Reuters StreetEvents

    Edited Transcript of CTB earnings conference call or presentation 7-May-20 2:00pm GMT

    Q1 2020 Cooper Tire & Rubber Co Earnings Call

  • Business Wire

    Cooper Tire & Rubber Company Declares 193rd Consecutive Quarterly Dividend

    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) Reports Q1 Loss, Misses Revenue Estimates
    Zacks

    Cooper Tire (CTB) Reports Q1 Loss, Misses Revenue Estimates

    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?

  • Business Wire

    Cooper Tire & Rubber Company Reports First Quarter 2020 Results; Withdraws Outlook for 2020

    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.

  • Analysts Estimate Cooper Tire (CTB) to Report a Decline in Earnings: What to Look Out for
    Zacks

    Analysts Estimate Cooper Tire (CTB) to Report a Decline in Earnings: What to Look Out for

    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.

  • Coronavirus update: Hong Kong study says China’s true case tally is likely four times as high as officially reported numbers
    MarketWatch

    Coronavirus update: Hong Kong study says China’s true case tally is likely four times as high as officially reported numbers

    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.

  • MarketWatch

    Cooper Tire to start reopening U.S. plants next week, will have to re-close Mexico plant

    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%.

  • Business Wire

    Cooper Tire to Reopen U.S. and Serbia Manufacturing Plants; Mexico Facility to Return to Temporary Shutdown

    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.

  • Business Wire

    Cooper Tire & Rubber Company to Release First Quarter 2020 Financial Results May 7

    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.

  • Business Wire

    Cooper Tire to Restart Mexico Facility April 13; U.S. Plants to Remain Temporarily Closed

    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.

  • Business Wire

    Road to Indy Presented by Cooper Tires Goes Virtual Amid Coronavirus Season Delay

    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.

  • Business Wire

    Cooper Tire Continues Temporary Plant Closures in Americas

    Cooper Tire & Rubber Company (NYSE: CTB) today announced that its tire manufacturing plants in the United States and Mexico will remain closed for at least another two weeks to protect the health and safety of employees and to respond to market demand that has been impacted by coronavirus. The company will continue to closely monitor the situation and adjust timing as necessary.

  • Moody's

    TI Group Automotive Systems L.L.C. -- Moody's places ratings of 25 US auto and commercial vehicle parts suppliers, and certain logistics providers under review for downgrade

    Rating Action: Moody's places ratings of 25 US auto and commercial vehicle parts suppliers, and certain logistics providers under review for downgrade. Global Credit Research- 26 Mar 2020. New York, March ...

  • Why Is Cooper Tire (CTB) Down 36.4% Since Last Earnings Report?
    Zacks

    Why Is Cooper Tire (CTB) Down 36.4% Since Last Earnings 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.

  • Automakers, Tire Manufacturers Announce Plant Closures In Mexico
    Benzinga

    Automakers, Tire Manufacturers Announce Plant Closures In Mexico

    The coronavirus pandemic has caused a sharp drop-off in demand for tires and cars, causing manufacturers across North and South America to furlough workers and implement partial factory shutdowns.Audi, General Motors Company (NYSE: GM), Nissan Motor Co., Ltd. (OTCMKTS:NSANY), Volkswagen AG (OTCMKTS:VWAGY), Toyota Motor Corporation (NYSE: TM), Honda Motor Co., Ltd. (NYSE: HMC), Fiat Chrysler Automobiles N.V. (NYSE: FCAU), Mazda Motor Corporation (OTCMKTS:MZDAY), Bayerische Motoren Werke Aktiengesellschaft (OTCMKTS:BMWYY) and Ford Motor Company (NYSE: F) have announced plans to suspend production at factories in Mexico and the United States.In Mexico, the plant closures took effect Monday and will extend to March 30 for several companies, with other companies setting tentative reopening dates in mid-April.The Ford Motor Company factory in Hermosillo, Mexico, and Ford's other North American plants will not reopen on March 30, according to a recent release from the company.Ford's Hermosillo plant employs 3,650 workers and assembles Fusions and Lincoln MKZs."We are assessing various options and working with union leaders – including the United Auto Workers and Unifor – on the optimal timing for resuming vehicle production, keeping the well-being of our workforce top of mind," Kumar Galhotra, Ford's president of North America, said in a release. Nissan, which is suspending its manufacturing in Mexico from Wednesday to April 14, noted that no auto factory workers have tested positive for the coronavirus yet."There are currently no cases of the coronavirus in any Nissan installation [in Mexico]," Nissan officials said in a release. "The other areas essential to the company will function with optimal security measures."In addition, Bridgestone Corporation (OTCMKTS:BRDCY), The Goodyear Tire & Rubber Company (NASDAQ: GT) and Cooper Tire & Rubber Company (NYSE: CTB) all recently announced temporary shutdowns of manufacturing facilities in the United States, Mexico and South America.Cooper Tire & Rubber said starting Monday it will temporarily shut down its U.S. and Mexico plants on rolling schedules for the next two to three weeks."Cooper is closely monitoring supply chain and product inventory levels as the company focuses on continuing to serve customers," it said in a release. "Cooper believes it currently has sufficient supply of product and will continue to operate distribution centres until further notice to meet customer needs."In November, Cooper Tire increased its ownership stake to 100% at its tire plant in Guadalajara, Mexico. Cooper Tire had been involved in a venture partnership at the plant with Trabajadores Democráticos de Occidente (TRADOC), which has owned 42% of the plant since 2008.Bridgestone has manufacturing facilities in the cities of León and Cuernavaca, Mexico. The company said in a release the temporary shutdown will be at least until April 12."The company will continue to monitor the situation closely and adjust response plans and activities as necessary," Bridgestone said in a release.See more from Benzinga * Bailout: Airlines vs. Airports * Commentary: The Role Location And People Play In The Supply Chain * Weekly Fuel Report: March 23rd(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

  • Cooper Tire Shuts US Manufacturing Plants on Coronavirus Scare
    Zacks

    Cooper Tire Shuts US Manufacturing Plants on Coronavirus Scare

    Cooper Tire (CTB) production halt at its plants will proceed on a rolling schedule over the coming week, with facilities expected to be closed for two to three weeks.

  • Business Wire

    Cooper Tire Announces Temporary Shutdown of Manufacturing Facilities in Europe

    Cooper Tire & Rubber Company (NYSE: CTB) today announced that its tire manufacturing facilities in Europe will temporarily shut down to protect the health and safety of employees and respond to market demand that has been impacted by coronavirus.

  • Business Wire

    Cooper Tire Announces Temporary Shutdown of Manufacturing Facilities in the Americas

    Cooper Tire & Rubber Company (NYSE:CTB) today announced it will temporarily shut down its tire manufacturing facilities in the United States and Mexico to protect the health and safety of employees and respond to market demand that has been impacted by coronavirus.

  • Business Wire

    United Steelworkers Ratify New Labor Agreement at Cooper Tire Findlay

    Cooper Tire & Rubber Company (NYSE: CTB) confirmed today that members of United Steelworkers (USW) Local 207L in Findlay, Ohio have ratified a new four-year labor agreement, which covers approximately 800 USW members.

  • What Is Cooper Tire & Rubber's (NYSE:CTB) P/E Ratio After Its Share Price Tanked?
    Simply Wall St.

    What Is Cooper Tire & Rubber's (NYSE:CTB) P/E Ratio After Its Share Price Tanked?

    To the annoyance of some shareholders, Cooper Tire & Rubber (NYSE:CTB) shares are down a considerable 30% in the last...

  • Chuck Royce's Firm Sails Away With OneWater Marine
    GuruFocus.com

    Chuck Royce's Firm Sails Away With OneWater Marine

    Small-cap specialist invests in newly public boat retailer Continue reading...

  • The Manufacturing Institute Honors Cooper Tire’s Missy Depinet with 2020 STEP Ahead Award
    Business Wire

    The Manufacturing Institute Honors Cooper Tire’s Missy Depinet with 2020 STEP Ahead Award

    The Manufacturing Institute has recognized Missy Depinet, Procurement Director for Cooper Tire & Rubber Company, with a Women in Manufacturing STEP (Science, Technology, Engineering and Production) Ahead Award for 2020. Depinet is among 130 women nationally who earned the honor this year from a field of hundreds of nominees.