Cooper Tire & Rubber (CTB) Set to Announce Quarterly Earnings on Thursday

Cooper Tire & Rubber (NYSE:CTB) is scheduled to be issuing its quarterly earnings data before the market opens on Thursday, February 15th. Analysts expect the company to announce earnings of $0.62 per share for the quarter.

Shares of Cooper Tire & Rubber (NYSE:CTB) opened at $38.25 on Thursday. Cooper Tire & Rubber has a 1 year low of $31.55 and a 1 year high of $44.50. The firm has a market cap of $1,897.13, a price-to-earnings ratio of 9.54 and a beta of 0.17. The company has a debt-to-equity ratio of 0.24, a current ratio of 2.67 and a quick ratio of 1.59.

CTB has been the topic of several research reports. Zacks Investment Research upgraded shares of Cooper Tire & Rubber from a “hold” rating to a “buy” rating and set a $44.00 price target on the stock in a research report on Friday, January 12th. FBR & Co restated a “buy” rating and issued a $50.00 price target on shares of Cooper Tire & Rubber in a research report on Tuesday, October 31st. Northcoast Research upgraded shares of Cooper Tire & Rubber from a “neutral” rating to a “buy” rating in a research report on Wednesday, January 10th. Longbow Research initiated coverage on shares of Cooper Tire & Rubber in a research report on Wednesday, January 31st. They issued a “buy” rating and a $50.00 price target on the stock. Finally, Jefferies Group restated a “hold” rating and issued a $35.00 price target on shares of Cooper Tire & Rubber in a research report on Tuesday, October 31st. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and eight have given a buy rating to the company. Cooper Tire & Rubber has an average rating of “Buy” and a consensus target price of $45.88.

COPYRIGHT VIOLATION NOTICE: This piece was posted by American Banking News and is owned by of American Banking News. If you are reading this piece on another website, it was stolen and republished in violation of United States & international copyright legislation. The legal version of this piece can be accessed at https://www.americanbankingnews.com/2018/02/08/cooper-tire-rubber-ctb-set-to-announce-quarterly-earnings-on-thursday.html.

Cooper Tire & Rubber Company Profile

Cooper Tire & Rubber Company is a manufacturer and marketer of replacement tires. The Company specializes in the design, manufacture, marketing and sales of passenger car, light truck, medium truck, motorcycle, and racing tires. The Company operates through four segments: North America, Latin America, Europe, and Asia.

Earnings History for Cooper Tire & Rubber (NYSE:CTB)

Receive News & Ratings for Cooper Tire & Rubber Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cooper Tire & Rubber and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply