Media stories about Cooper-Standard Holdings (NYSE:CPS) have been trending somewhat negative recently, according to Accern Sentiment. Accern scores the sentiment of press coverage by reviewing more than twenty million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Cooper-Standard Holdings earned a coverage optimism score of -0.12 on Accern’s scale. Accern also assigned media coverage about the auto parts company an impact score of 62 out of 100, indicating that recent press coverage is somewhat likely to have an effect on the company’s share price in the immediate future.
Here are some of the news headlines that may have effected Accern Sentiment’s rankings:
- Cooper-Standard Holdings’ (CPS) “Underperform” Rating Reiterated at Bank of America Corporation (americanbankingnews.com)
- ETFs with exposure to Cooper-Standard Holdings, Inc. : June 15, 2017 (finance.yahoo.com)
- Cooper-Standard Holdings, Inc. – Value Analysis (NYSE:CPS) : June 15, 2017 (finance.yahoo.com)
- Cooper-Standard Holdings Inc. (CPS) Insider Sells $31,693.81 in Stock (americanbankingnews.com)
- Cooper-Standard Holdings Inc. (CPS) Chairman Jeffrey S. Edwards Sells 17,540 Shares (americanbankingnews.com)
Several analysts have commented on CPS shares. Jefferies Group LLC raised their price objective on Cooper-Standard Holdings from $109.00 to $117.00 and gave the company a “hold” rating in a report on Tuesday, February 21st. Bank of America Corporation reaffirmed an “underperform” rating and issued a $85.00 price target (down from $94.00) on shares of Cooper-Standard Holdings in a research note on Friday. Zacks Investment Research raised Cooper-Standard Holdings from a “sell” rating to a “hold” rating in a research note on Friday, May 5th. Finally, ValuEngine lowered Cooper-Standard Holdings from a “strong-buy” rating to a “buy” rating in a research note on Tuesday. One research analyst has rated the stock with a sell rating, two have issued a hold rating and five have issued a buy rating to the company’s stock. The stock has an average rating of “Buy” and a consensus price target of $109.43.
Shares of Cooper-Standard Holdings (NYSE:CPS) traded down 1.96% during trading on Tuesday, reaching $98.02. The company had a trading volume of 222,097 shares. The firm has a market capitalization of $1.75 billion, a P/E ratio of 12.32 and a beta of 0.72. The firm’s 50 day moving average price is $109.37 and its 200 day moving average price is $107.81. Cooper-Standard Holdings has a 12 month low of $74.33 and a 12 month high of $118.59.
Cooper-Standard Holdings (NYSE:CPS) last posted its quarterly earnings data on Thursday, May 4th. The auto parts company reported $2.95 earnings per share for the quarter, topping the consensus estimate of $2.52 by $0.43. Cooper-Standard Holdings had a net margin of 4.27% and a return on equity of 28.80%. The firm had revenue of $902.05 million for the quarter, compared to analysts’ expectations of $866.38 million. Equities analysts predict that Cooper-Standard Holdings will post $10.91 EPS for the current year.
In other news, Chairman Jeffrey S. Edwards sold 17,540 shares of the business’s stock in a transaction on Tuesday, June 13th. The shares were sold at an average price of $108.47, for a total transaction of $1,902,563.80. Following the transaction, the chairman now directly owns 67,199 shares in the company, valued at approximately $7,289,075.53. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, SVP Song Min Lee sold 911 shares of the business’s stock in a transaction on Monday, May 8th. The shares were sold at an average price of $110.70, for a total transaction of $100,847.70. Following the transaction, the senior vice president now owns 15,000 shares in the company, valued at $1,660,500. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 293,033 shares of company stock worth $32,435,282. Corporate insiders own 3.90% of the company’s stock.
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Cooper-Standard Holdings Company Profile
Cooper-Standard Holdings Inc is a holding company. The Company designs, manufactures and sells sealing, fuel and brake delivery, fluid transfer and anti-vibration systems for use in passenger vehicles and light trucks manufactured by global original equipment manufacturers (OEMs). The Company operates through four segments: North America, Europe, Asia Pacific and South America.
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