Cooper-Standard Holdings Inc (NYSE:CPS) VP Keith Dwayne Stephenson sold 16,000 shares of Cooper-Standard stock in a transaction on Tuesday, March 13th. The shares were sold at an average price of $122.61, for a total transaction of $1,961,760.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.
Cooper-Standard Holdings Inc (NYSE:CPS) traded down $1.18 during trading on Wednesday, hitting $121.48. 93,414 shares of the stock were exchanged, compared to its average volume of 100,312. Cooper-Standard Holdings Inc has a 12-month low of $95.33 and a 12-month high of $135.00. The company has a debt-to-equity ratio of 0.85, a quick ratio of 1.52 and a current ratio of 1.73. The company has a market cap of $2,199.73, a P/E ratio of 16.90, a PEG ratio of 2.21 and a beta of 0.76.
Cooper-Standard (NYSE:CPS) last posted its earnings results on Thursday, February 15th. The auto parts company reported $3.42 earnings per share for the quarter, topping analysts’ consensus estimates of $3.18 by $0.24. Cooper-Standard had a net margin of 3.74% and a return on equity of 25.31%. The firm had revenue of $937.90 million for the quarter, compared to the consensus estimate of $912.01 million. During the same period in the previous year, the firm posted $2.80 EPS. The business’s quarterly revenue was up 7.1% on a year-over-year basis. sell-side analysts forecast that Cooper-Standard Holdings Inc will post 11.32 earnings per share for the current year.
CPS has been the topic of a number of research reports. Bank of America lifted their price target on shares of Cooper-Standard from $85.00 to $90.00 and gave the company an “underperform” rating in a report on Friday, March 2nd. Roth Capital lifted their price target on shares of Cooper-Standard from $130.00 to $150.00 and gave the company a “buy” rating in a report on Tuesday, January 23rd. Zacks Investment Research downgraded shares of Cooper-Standard from a “hold” rating to a “sell” rating in a report on Thursday, February 22nd. ValuEngine upgraded shares of Cooper-Standard from a “buy” rating to a “strong-buy” rating in a report on Sunday, December 31st. Finally, KeyCorp reiterated a “hold” rating on shares of Cooper-Standard in a report on Friday, November 17th. Two investment analysts have rated the stock with a sell rating, four have assigned a hold rating, two have assigned a buy rating and one has given a strong buy rating to the company. The stock presently has an average rating of “Hold” and a consensus price target of $121.33.
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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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