|Bid||32.95 x 1100|
|Ask||32.97 x 800|
|Day's Range||32.91 - 33.35|
|52 Week Range||22.58 - 35.36|
|Beta (3Y Monthly)||0.99|
|PE Ratio (TTM)||21.83|
|Earnings Date||Apr 29, 2019 - May 3, 2019|
|Forward Dividend & Yield||0.42 (1.41%)|
|1y Target Est||35.00|
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.
Cooper Tire & Rubber Co NYSE:CTBView full report here! Summary * Perception of the company's creditworthiness is positive and improving * ETFs holding this stock are seeing positive inflows * 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 | PositiveETF activity is positive. Over the last month, ETFs holding CTB are favorable with net inflows of $72.15 billion. This was the highest net inflow seen over the last one-year.Error parsing the SmartText 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 strengthening bias over the past 1-month. CTB credit default swap spreads are decreasing and near the lowest level of the last three years, which indicates improvement in the market's 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.
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.
Want to participate in a research study? Help shape the future of investing tools and earn a $60 gift card! When Cooper Tire & Rubber Company (NYSE:CTB) released its most recent earnings update (31 December 2018), I wanted to underst...
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.
Moody's Investors Service ("Moody's") downgraded Cooper Tire & Rubber Company's ("Cooper Tire") Speculative Grade Liquidity Rating to SGL-3 from SGL-2. In a related action, Moody's affirmed Cooper Tire's Corporate Family and Probability of Default ratings at Ba3 and Ba3-PD, and the ratings on the senior unsecured notes at B1.
Cooper Tire (CTB) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Cooper Tire has launched a new long haul steer (LHS) tire as part of its Cooper® PRO Series™ product line. The tire joins the Cooper PRO Series long haul drive (LHD) tire introduced last year. The Cooper PRO Series LHS was designed from the ground up to offer low cost of ownership through long miles to removal, fuel efficiency, and design elements to help ensure uniform wear and retreadability.
In 2016 Brad Hughes was appointed CEO of Cooper Tire & Rubber Company (NYSE:CTB). This report will, first, examine the CEO compensation levels in comparison to CEO compensation at companiesRead More...
The Manufacturing Institute has recognized Kathleen Slocum, Senior Manager, Corporate Quality for Cooper Tire & Rubber Company, with a Women in Manufacturing STEP (Science, Technology, Engineering and Production) Ahead Award for 2019. Slocum is among 130 women nationally who earned the honor this year from a field of hundreds of nominees. The STEP Ahead Awards program, now in its seventh year, recognizes women who have demonstrated excellence and leadership in their careers and represent all levels of manufacturing, from the factory floor to senior executive leadership.
While revenues of BorgWarner (BWA) and American Axle (AXL) beat, Cooper Tire (CTB) misses estimates. Revenues of Genuine Parts (GPC) and Advance Auto Parts (AAP) meet estimates.
Cooper Tire's (CTB) Americas Tire Operations segment witnesses sales growth in fourth-quarter 2018 while International Tire Operations reports decline in revenues.
Revenue for the quarter came in at $770 million vs. the consensus estimate of $773.82 million. "As stated at the beginning of 2018, we expected operating margin improvement throughout the year, and we delivered on this expectation as our strategic initiatives took hold," Cooper Tire CEO Brad Hughes said in the earnings statement. For the full year, Cooper Tire reported net income of $77 million, or $1.51 a share, compared with $95 million, or $1.81 a share, the year before.
The Findlay, Ohio-based company said it had a loss of 1 cent per share. Earnings, adjusted for asset impairment costs, were 66 cents per share. The results surpassed Wall Street expectations. The average ...
Cooper Tire & Co. shares rose 2.8% in premarket trade Tuesday, after an adjusted profit beat that offset weaker-than-expected sales for the fourth quarter. The company said it had a loss of $419,000, or 1 cent a share, in the quarter, after a loss of $42.2 million, or 82 cents a share, in the year-earlier period. Adjusted per-share earnings came to 66 cents, ahead of the 57 cents FactSet consensus. Sales rose 1.8% to $770 million, just below the $775 million FactSet consensus. "As projected, in the fourth quarter we drove unit volume growth in the U.S., which was offset by volume declines in our other regions, reflecting economic and political factors," Chief Executive Brad Hughes said in a statement. The company is expecting macro-conditions to support growth in tire demand in 2019 and expect full-year operating profit margins to improve. Shares have fallen 4.3% in the last 12 months, while the S&P 500 has gained 1.6%.
Cooper Tire & Rubber Company today reported full year 2018 net income of $77 million, or diluted earnings per share of $1.51, compared with $95 million, or $1.81 per share, last year.
Cooper Tire & Rubber Company (CTB) today confirmed that members of United Steelworkers (USW) Local 556L in Clarksdale, Mississippi, have ratified a new four-year labor agreement, which covers more than 40 USW members. According to Joseph Qualls, President of USW Local 556L, “We are pleased a contract was reached that works for the company and our union members.
Cooper Tire & Rubber Company today announced a quarterly dividend of 10.5 cents per share on common stock, payable March 29, 2019 to stockholders of record at the close of business March 1, 2019.