Cooper Tire & Rubber Co. (CTB) Set to Announce Quarterly Earnings on Friday
Cooper Tire & Rubber Co. (NYSE:CTB) is set to issue its Q114 quarterly earnings data on Friday, May 2nd. Analysts expect the company to announce earnings of $0.49 per share and revenue of $836.15 million for the quarter.
Cooper Tire & Rubber Co. (NYSE:CTB) last released its earnings data on Friday, March 14th. The company reported $0.31 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.26 by $0.05. The company had revenue of $861.00 million for the quarter, compared to the consensus estimate of $774.32 million. Cooper Tire & Rubber Co.’s revenue was down 19.0% compared to the same quarter last year. On average, analysts expect Cooper Tire & Rubber Co. to post $2.18 EPS for the current fiscal year and $2.38 EPS for the next fiscal year.
Cooper Tire & Rubber Co. (NYSE:CTB) opened at 25.15 on Thursday. Cooper Tire & Rubber Co. has a 52 week low of $20.55 and a 52 week high of $34.79. The stock’s 50-day moving average is $24.44 and its 200-day moving average is $24.12. The company has a market cap of $1.642 billion and a P/E ratio of 14.72.
A number of research firms have recently commented on CTB. Analysts at Zacks reiterated a “neutral” rating on shares of Cooper Tire & Rubber Co. in a research note on Monday, March 3rd. They now have a $26.00 price target on the stock. Analysts at Ned Davis Research upgraded shares of Cooper Tire & Rubber Co. from a “neutral” rating to a “buy” rating in a research note on Tuesday, February 18th. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and one has given a buy rating to the stock. The company presently has a consensus rating of “Hold” and an average price target of $14.25.
Cooper Tire & Rubber Company (NYSE:CTB) is a manufacturer and marketer of replacement tires.
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