Somewhat Positive News Coverage Somewhat Unlikely to Affect Cooper Standard (CPS) Stock Price

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 0.08 on Accern’s scale. Accern also gave news headlines about the auto parts company an impact score of 47.017242547981 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.

A number of brokerages have commented on CPS. ValuEngine raised Cooper Standard from a “buy” rating to a “strong-buy” rating in a research note on Saturday, February 17th. Zacks Investment Research cut Cooper Standard from a “hold” rating to a “sell” rating in a research note on Thursday, February 22nd. Roth Capital raised their price objective on Cooper Standard from $130.00 to $150.00 and gave the company a “buy” rating in a research note on Tuesday, January 23rd. Finally, Bank of America raised their price objective on Cooper Standard from $85.00 to $90.00 and gave the company an “underperform” rating in a research note on Friday, March 2nd. Two equities research analysts have rated the stock with a sell rating, four have given a hold rating, two have given a buy rating and one has issued a strong buy rating to the stock. Cooper Standard currently has a consensus rating of “Hold” and a consensus price target of $121.33.

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Shares of Cooper Standard stock opened at $129.91 on Thursday. The company has a quick ratio of 1.52, a current ratio of 1.73 and a debt-to-equity ratio of 0.85. Cooper Standard has a 52 week low of $95.33 and a 52 week high of $135.00. The company has a market capitalization of $2,306.50, a price-to-earnings ratio of 11.72 and a beta of 0.74.



Cooper Standard (NYSE:CPS) last announced its quarterly earnings data on Thursday, February 15th. The auto parts company reported $3.42 EPS for the quarter, beating the Zacks’ consensus estimate of $3.18 by $0.24. Cooper Standard had a return on equity of 25.31% and a net margin of 3.74%. The firm had revenue of $937.90 million during the quarter, compared to analysts’ expectations of $912.01 million. During the same quarter last year, the firm posted $2.80 earnings per share. The company’s revenue for the quarter was up 7.1% compared to the same quarter last year. research analysts predict that Cooper Standard will post 11.32 EPS for the current year.

In other news, VP Keith Dwayne Stephenson sold 16,000 shares of the firm’s stock in a transaction that occurred on Tuesday, March 13th. The stock was sold at an average price of $122.61, for a total value of $1,961,760.00. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, insider Aleksandra A. Miziolek sold 1,700 shares of the firm’s stock in a transaction that occurred on Tuesday, February 27th. The shares were sold at an average price of $123.95, for a total value of $210,715.00. Following the completion of the transaction, the insider now owns 2,709 shares in the company, valued at approximately $335,780.55. The disclosure for this sale can be found here. Insiders sold 22,530 shares of company stock valued at $2,764,102 in the last three months. Insiders own 3.00% of the company’s stock.

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Cooper Standard Company Profile

Cooper-Standard Holdings Inc, through its subsidiary, Cooper-Standard Automotive Inc, designs, manufactures, and sells sealing, fuel and brake delivery, fluid transfer, and anti-vibration systems worldwide. It operates in four segments: North America, Europe, Asia Pacific, and South America. The company's sealing systems include dynamic and static seals, encapsulated glasses, stainless steel trims, flush glass systems, variable extrusions, and specialty sealing products.

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

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