Cooper-Standard (CPS) Given Coverage Optimism Score of 0.15

Media coverage about Cooper-Standard (NYSE:CPS) has been trending somewhat positive recently, Accern reports. Accern identifies negative and positive news coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Cooper-Standard earned a coverage optimism score of 0.15 on Accern’s scale. Accern also gave news headlines about the auto parts company an impact score of 45.736791914551 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.

Here are some of the news headlines that may have impacted Accern’s analysis:

Several equities research analysts recently commented on CPS shares. Zacks Investment Research raised Cooper-Standard from a “strong sell” rating to a “hold” rating in a research note on Wednesday, August 16th. Goldman Sachs Group cut Cooper-Standard from a “buy” rating to a “neutral” rating and set a $113.00 target price for the company. in a research note on Monday, October 16th. Buckingham Research decreased their target price on Cooper-Standard from $131.00 to $129.00 and set a “buy” rating for the company in a research note on Thursday, October 19th. Roth Capital raised their target price on Cooper-Standard from $125.00 to $130.00 and gave the stock a “buy” rating in a research note on Thursday, November 2nd. Finally, KeyCorp reaffirmed a “hold” rating on shares of Cooper-Standard in a research note on Friday, November 17th. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating and three have given a buy rating to the stock. The company presently has an average rating of “Hold” and a consensus price target of $117.17.

Shares of Cooper-Standard (NYSE:CPS) traded down $0.89 during trading hours on Tuesday, reaching $119.81. The company’s stock had a trading volume of 93,915 shares, compared to its average volume of 124,363. The company has a market capitalization of $2,168.56, a price-to-earnings ratio of 11.83, a P/E/G ratio of 2.32 and a beta of 0.80. The company has a current ratio of 1.75, a quick ratio of 1.52 and a debt-to-equity ratio of 0.86. Cooper-Standard has a 1-year low of $95.33 and a 1-year high of $128.52.

Cooper-Standard (NYSE:CPS) last announced its quarterly earnings results on Tuesday, October 31st. The auto parts company reported $2.11 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.36 by ($0.25). The firm had revenue of $869.02 million during the quarter, compared to the consensus estimate of $844.14 million. Cooper-Standard had a return on equity of 24.99% and a net margin of 3.88%. The firm’s revenue was up 1.6% on a year-over-year basis. During the same quarter in the previous year, the company posted $2.48 EPS. equities research analysts expect that Cooper-Standard will post 10.84 earnings per share for the current year.

In other Cooper-Standard news, VP Keith Dwayne Stephenson sold 14,000 shares of the stock in a transaction that occurred on Thursday, September 14th. The stock was sold at an average price of $105.04, for a total value of $1,470,560.00. Following the transaction, the vice president now owns 63,584 shares in the company, valued at $6,678,863.36. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, major shareholder Silver Point Capital L.P. sold 30,000 shares of the stock in a transaction that occurred on Wednesday, September 27th. The stock was sold at an average price of $116.30, for a total value of $3,489,000.00. The disclosure for this sale can be found here. In the last quarter, insiders sold 209,950 shares of company stock worth $24,347,124. Corporate insiders own 1.10% of the company’s stock.

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Cooper-Standard 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.

Insider Buying and Selling by Quarter for Cooper-Standard (NYSE:CPS)

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