Cooper-Standard Holdings Inc. (NYSE:CPS) – Equities research analysts at Jefferies Group upped their FY2017 earnings estimates for Cooper-Standard Holdings in a report issued on Tuesday. Jefferies Group analyst D. Kelley now expects that the auto parts company will post earnings per share of $10.79 for the year, up from their previous estimate of $10.46. Jefferies Group also issued estimates for Cooper-Standard Holdings’ Q4 2017 earnings at $3.13 EPS and Q3 2018 earnings at $2.75 EPS.

A number of other equities analysts have also recently issued reports on the stock. Zacks Investment Research upgraded 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 note on Thursday, November 2nd. Buckingham Research dropped their price target on shares of Cooper-Standard Holdings from $131.00 to $129.00 and set a “buy” rating on the stock in a research note on Thursday, October 19th. Goldman Sachs Group, Inc. (The) cut shares of Cooper-Standard Holdings from a “buy” rating to a “neutral” rating and set a $113.00 price target on the stock. in a research note on Monday, October 16th. Finally, BidaskClub upgraded shares of Cooper-Standard Holdings from a “sell” rating to a “hold” rating in a research note on Wednesday, July 12th. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and three have issued a buy rating to the company. The stock has an average rating of “Hold” and a consensus target price of $117.17.

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Cooper-Standard Holdings (CPS) opened at $118.16 on Thursday. The stock has a market cap of $2,043.39, a PE ratio of 11.14, a P/E/G ratio of 2.26 and a beta of 0.74. Cooper-Standard Holdings has a one year low of $82.50 and a one year high of $118.60. The company has a debt-to-equity ratio of 0.86, a current ratio of 1.75 and a quick ratio of 1.52.

Cooper-Standard Holdings (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 Zacks’ 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 Holdings had a return on equity of 24.99% and a net margin of 3.88%. The business’s revenue for the quarter was up 1.6% on a year-over-year basis. During the same quarter in the previous year, the firm earned $2.48 EPS.

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. DekaBank Deutsche Girozentrale increased its position in shares of Cooper-Standard Holdings by 78.2% during the 3rd quarter. DekaBank Deutsche Girozentrale now owns 1,139 shares of the auto parts company’s stock valued at $116,000 after purchasing an additional 500 shares during the last quarter. Riverhead Capital Management LLC increased its position in shares of Cooper-Standard Holdings by 79.0% during the 2nd quarter. Riverhead Capital Management LLC now owns 1,432 shares of the auto parts company’s stock valued at $144,000 after purchasing an additional 632 shares during the last quarter. First Mercantile Trust Co. purchased a new stake in shares of Cooper-Standard Holdings during the 2nd quarter valued at about $146,000. Flinton Capital Management LLC increased its position in shares of Cooper-Standard Holdings by 66.7% during the 2nd quarter. Flinton Capital Management LLC now owns 1,540 shares of the auto parts company’s stock valued at $155,000 after purchasing an additional 616 shares during the last quarter. Finally, Ameritas Investment Partners Inc. increased its position in shares of Cooper-Standard Holdings by 20.2% during the 2nd quarter. Ameritas Investment Partners Inc. now owns 1,540 shares of the auto parts company’s stock valued at $155,000 after purchasing an additional 259 shares during the last quarter. 95.68% of the stock is owned by hedge funds and other institutional investors.

In other Cooper-Standard Holdings news, insider Aleksandra A. Miziolek sold 865 shares of the company’s stock in a transaction dated Tuesday, August 15th. The shares were sold at an average price of $101.00, for a total transaction of $87,365.00. Following the transaction, the insider now owns 866 shares in the company, valued at approximately $87,466. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, major shareholder Silver Point Capital L.P. sold 7,000 shares of the company’s stock in a transaction dated Tuesday, October 3rd. The shares were sold at an average price of $117.51, for a total transaction of $822,570.00. The disclosure for this sale can be found here. Insiders have sold a total of 200,365 shares of company stock worth $23,185,705 in the last 90 days. Company insiders own 1.10% of the company’s stock.

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.

Earnings History and Estimates for Cooper-Standard Holdings (NYSE:CPS)

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