Equities research analysts expect that Cooper-Standard Holdings Inc. (NYSE:CPS) will announce $910.50 million in sales for the current fiscal quarter, according to Zacks Investment Research. Four analysts have provided estimates for Cooper-Standard Holdings’ earnings, with the highest sales estimate coming in at $932.00 million and the lowest estimate coming in at $894.80 million. Cooper-Standard Holdings reported sales of $875.43 million in the same quarter last year, which would suggest a positive year-over-year growth rate of 4%. The business is expected to report its next quarterly earnings results on Thursday, February 15th.

On average, analysts expect that Cooper-Standard Holdings will report full year sales of $910.50 million for the current financial year, with estimates ranging from $3.58 billion to $3.61 billion. For the next financial year, analysts forecast that the company will post sales of $3.72 billion per share, with estimates ranging from $3.67 billion to $3.76 billion. Zacks Investment Research’s sales averages are an average based on a survey of sell-side research firms that cover Cooper-Standard Holdings.

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

A number of research firms recently commented on CPS. 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. Goldman Sachs Group, Inc. (The) lowered shares of Cooper-Standard Holdings from a “buy” rating to a “neutral” rating and set a $113.00 price objective on the stock. in a research note on Monday, October 16th. Buckingham Research lowered their price objective 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. Finally, Roth Capital raised their price objective on shares of Cooper-Standard Holdings from $125.00 to $130.00 and gave the company a “buy” rating in a research note on Thursday, November 2nd. One 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’s stock. Cooper-Standard Holdings has a consensus rating of “Hold” and a consensus price target of $117.17.

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Cooper-Standard Holdings (NYSE CPS) traded down $0.65 during midday trading on Wednesday, hitting $119.17. 78,600 shares of the company were exchanged, compared to its average volume of 125,249. Cooper-Standard Holdings has a fifty-two week low of $88.09 and a fifty-two week high of $120.99. The company has a quick ratio of 1.52, a current ratio of 1.75 and a debt-to-equity ratio of 0.86. The firm has a market capitalization of $2,100.54, a price-to-earnings ratio of 11.45, a PEG ratio of 2.27 and a beta of 0.74.

In related news, VP Keith Dwayne Stephenson sold 14,000 shares of the firm’s stock in a transaction that occurred on Thursday, September 14th. The shares were sold at an average price of $105.04, for a total transaction of $1,470,560.00. Following the completion of the sale, the vice president now directly owns 63,584 shares in the company, valued at $6,678,863.36. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, insider Miguel Posada Juan Fernando De sold 3,028 shares of the firm’s stock in a transaction that occurred on 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 owns 16,389 shares of the company’s stock, valued at $1,956,518.82. The disclosure for this sale can be found here. Insiders have sold 202,528 shares of company stock worth $23,459,823 in the last quarter. Company insiders own 1.10% of the company’s stock.

A number of large investors have recently modified their holdings of the stock. Suntrust Banks Inc. boosted its holdings in Cooper-Standard Holdings by 1.7% during the second quarter. Suntrust Banks Inc. now owns 2,889 shares of the auto parts company’s stock worth $291,000 after buying an additional 49 shares in the last quarter. CS Mckee LP boosted its holdings in Cooper-Standard Holdings by 0.4% during the second quarter. CS Mckee LP now owns 13,550 shares of the auto parts company’s stock worth $1,367,000 after buying an additional 50 shares in the last quarter. PNC Financial Services Group Inc. boosted its holdings in Cooper-Standard Holdings by 1.4% during the second quarter. PNC Financial Services Group Inc. now owns 3,863 shares of the auto parts company’s stock worth $390,000 after buying an additional 52 shares in the last quarter. Louisiana State Employees Retirement System boosted its holdings in Cooper-Standard Holdings by 1.4% during the second quarter. Louisiana State Employees Retirement System now owns 7,300 shares of the auto parts company’s stock worth $736,000 after buying an additional 100 shares in the last quarter. Finally, Arizona State Retirement System boosted its holdings in Cooper-Standard Holdings by 1.1% during the second quarter. Arizona State Retirement System now owns 9,300 shares of the auto parts company’s stock worth $938,000 after buying an additional 100 shares in the last quarter. Hedge funds and other 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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Earnings History and Estimates for Cooper-Standard Holdings (NYSE:CPS)

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