28.63 0.00 (0.00%)
After hours: 5:06PM EDT
|Bid||28.56 x 1200|
|Ask||30.51 x 800|
|Day's Range||28.33 - 28.91|
|52 Week Range||23.27 - 35.36|
|Beta (3Y Monthly)||0.94|
|PE Ratio (TTM)||19.18|
|Earnings Date||Aug 5, 2019 - Aug 9, 2019|
|Forward Dividend & Yield||0.42 (1.41%)|
|1y Target Est||35.00|
Cooper Tire & Rubber Co NYSE:CTBView full report here! Summary * Perception of the company's creditworthiness is positive * 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 | NeutralETF activity is neutral. The net inflows of $2.89 billion over the last one-month into ETFs that hold CTB are not among the highest of the last year and have been slowing. 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. CTB credit default swap spreads are near the lowest level of the last three years and indicate the market's continued positive perception of the company's credit worthiness.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 & Rubber Company (CTB) could be a stock to avoid from a technical perspective, as the firm is seeing unfavorable trends on the moving average crossover front.
Effort is part of Cooper’s Tread Wisely™ Global Tire and Vehicle Safety Initiative for Young Drivers
Cooper Tire has announced the availability of a new mixed service wide base all-position tire as part of its Cooper® SEVERE Series™ lineup. The Cooper SEVERE Series WBA provides long miles to removal while handling the harsh operating conditions found in construction truck applications – especially mixers and dump trucks.
Cooper Tire & Rubber Company today announced a quarterly dividend of 10.5 cents per share on common stock, payable June 28, 2019 to stockholders of record at the close of business June 3, 2019.
The 700+ hedge funds and money managers tracked by Insider Monkey have already compiled and submitted their 13F filings for the fourth quarter, which unveil their equity positions as of December 31. We went through these filings, fixed typos and other more significant errors and identified the changes in hedge fund positions. Our extensive review […]
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rose $3.1% to $31.39 after the replacement tire manufacturer missed Wall Street's first-quarter earnings expectations but but beat sales forecasts. Net sales increased 2.9% to $619 million, beating estimates of $608.1 million. Cooper Tire said that operating profit was $26 million, or 4.3% of net sales, despite $10 million in costs related to tariffs enacted in the quarter on truck and bus radial tires imported into the United States from China and $5 million of restructuring charges in Europe.
Cooper Tire (CTB) delivered earnings and revenue surprises of 10.00% and 1.86%, respectively, for the quarter ended March 2019. Do the numbers hold clues to what lies ahead for the stock?
Cooper Tire & Rubber Co. reported Monday first-quarter earnings that fell below expectations, hurt by tariffs, higher costs and a higher tax rate, while sales rose more than expected. The stock was still inactive in premarket trade. Net income fell to $7.0 million, or 14 cents a share, from $8.3 million, or 16 cents a share, in the same period a year ago, to miss the FactSet consensus of 17 cents. Sales rose 2.9% to $619.2 million, above the FactSet consensus of $608.1 million, as Americas tire sales grew 6.1% to $515 million to beat expectations of $498.1 million. The company said the tariffs for tires imported into the U.S. from China had a $10 million negative impact on profits, while it also had $3 million of unfavorable raw material costs and $3 million of higher other costs. The tax rate increased to 46.9% from 27.8%, give the impact of final regulations related to tax reform. For 2019, the company lowered the expected charges related to its restructuring in England to $8 million to $11 million from $10 million to $15 million. The stock has shed 5.8% year to date, while the Dow Jones Industrial Average has gained 14%.
On a per-share basis, the Findlay, Ohio-based company said it had profit of 14 cents. Earnings, adjusted for restructuring costs, came to 22 cents per share. The results surpassed Wall Street expectations. ...
Cooper Tire & Rubber Company today reported first quarter 2019 net income of $7 million, or diluted earnings per share of $0.14, compared with $8 million, or $0.16 per share, last year.
Cooper Tire & Rubber Company will announce first quarter 2019 financial results before the U.S. stock markets open on Monday, April 29, 2019. Management will discuss the financial results on a conference call beginning at 10 a.m.
President Donald Trump's trade war with China has U.S. companies shifting purchases of tariff-targeted products like furniture, refrigerators and car tires to countries such as Vietnam, South Korea, Taiwan and Mexico, according to a new analysis released on Wednesday. Trump's decision to slap tariffs of 10 to 25 percent on about $250 billion of Chinese goods has roiled U.S. retailers and manufacturers, who are scrambling to avoid potentially crippling cost increases. Overall U.S. imports of containerized freight from China fell 6.4 percent during the first quarter as buyers worked off product stockpiled ahead of tariff increases and rerouted orders to lower-cost countries, S&P Global Market Intelligence's trade data firm Panjiva said in the report.
April is National Car Care Month, a good time for young drivers to learn how to properly care for their tires. Cooper Tire’s Tread Wisely™ program, a tire and vehicle safety campaign for teens and young adults, is encouraging young drivers to take this opportunity to learn how to check their tire pressure, tread depth and overall tire condition. Having the right tire pressure helps tires perform like they should, providing better control of the car, and helping tires wear longer and more evenly.
Daimler AG has selected the Cooper Discoverer SRXLE™ as original equipment (OE) on the new Mercedes-Benz GLE, which was presented at the 64th Paris Motor Show in October 2018 with market introduction set for this year. The Cooper Discoverer SRXLE is a premium all-season SUV and CUV tire. Fitments of the all-season tire on the Mercedes-Benz GLE include the 255/50R19XL and 275/50R20.
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Cooper Tire has been named Most Valuable Partner of the Year by Dickinson Fleet Services . The award was presented to the Cooper commercial truck tire team, which supplies DFS with Roadmaster® truck and bus radial tires and Cooper® Discoverer commercial van tires, at the DFS annual banquet held March 4 in St.