Cooper-Standard Holdings Inc. (NYSE:CPS) insider Miguel Posada Juan Fernando De sold 3,028 shares of the stock in a transaction dated Friday, November 10th. The stock was sold at an average price of $119.38, for a total transaction of $361,482.64. Following the sale, the insider now directly owns 16,389 shares in the company, valued at $1,956,518.82. The transaction was disclosed in a filing with the SEC, which can be accessed through this link.
Cooper-Standard Holdings Inc. (NYSE:CPS) opened at $119.17 on Wednesday. Cooper-Standard Holdings Inc. has a 1 year low of $88.09 and a 1 year high of $120.99. The company has a debt-to-equity ratio of 0.86, a quick ratio of 1.52 and a current ratio of 1.75. The firm has a market cap of $2,100.54, a PE ratio of 11.45, a P/E/G ratio of 2.27 and a beta of 0.74.
Cooper-Standard Holdings (NYSE:CPS) last released its quarterly earnings results on Tuesday, October 31st. The auto parts company reported $2.11 earnings per share for the quarter, missing the consensus estimate of $2.36 by ($0.25). Cooper-Standard Holdings had a return on equity of 24.99% and a net margin of 3.88%. The company had revenue of $869.02 million for the quarter, compared to analyst estimates of $844.14 million. During the same quarter last year, the company earned $2.48 EPS. The firm’s revenue for the quarter was up 1.6% on a year-over-year basis. analysts forecast that Cooper-Standard Holdings Inc. will post 10.75 earnings per share for the current year.
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Several equities research analysts have recently issued reports on CPS shares. Zacks Investment Research raised shares of Cooper-Standard Holdings from a “sell” rating to a “hold” rating in a research note on Friday, November 3rd. Roth Capital upped their price target on shares of Cooper-Standard Holdings from $125.00 to $130.00 and gave the stock a “buy” rating in a research report on Thursday, November 2nd. Goldman Sachs Group, Inc. (The) downgraded shares of Cooper-Standard Holdings from a “buy” rating to a “neutral” rating and set a $113.00 price target for the company. in a research report on Monday, October 16th. Finally, Buckingham Research reduced their price target on shares of Cooper-Standard Holdings from $131.00 to $129.00 and set a “buy” rating for the company in a research report on Thursday, October 19th. One analyst has rated the stock with a sell rating, four have issued a hold rating and three have given a buy rating to the stock. Cooper-Standard Holdings presently has a consensus rating of “Hold” and an average target price of $117.17.
Hedge funds have recently added to or reduced their stakes in the business. DekaBank Deutsche Girozentrale raised its holdings in Cooper-Standard Holdings by 78.2% in the 3rd quarter. DekaBank Deutsche Girozentrale now owns 1,139 shares of the auto parts company’s stock valued at $116,000 after acquiring an additional 500 shares during the last quarter. Riverhead Capital Management LLC raised its holdings in Cooper-Standard Holdings by 79.0% in the 2nd quarter. Riverhead Capital Management LLC now owns 1,432 shares of the auto parts company’s stock valued at $144,000 after acquiring an additional 632 shares during the last quarter. First Mercantile Trust Co. acquired a new stake in Cooper-Standard Holdings in the 2nd quarter valued at about $146,000. Flinton Capital Management LLC raised its holdings in Cooper-Standard Holdings by 66.7% in the 2nd quarter. Flinton Capital Management LLC now owns 1,540 shares of the auto parts company’s stock valued at $155,000 after acquiring an additional 616 shares during the last quarter. Finally, Ameritas Investment Partners Inc. raised its holdings in Cooper-Standard Holdings by 20.2% in the 2nd quarter. Ameritas Investment Partners Inc. now owns 1,540 shares of the auto parts company’s stock valued at $155,000 after acquiring an additional 259 shares during the last quarter. Institutional investors own 95.50% of the company’s stock.
About Cooper-Standard Holdings
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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