News coverage about Cooper Tire & Rubber (NYSE:CTB) has trended somewhat positive this week, Accern Sentiment Analysis reports. The research firm ranks the sentiment of news coverage by monitoring more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Cooper Tire & Rubber earned a coverage optimism score of 0.14 on Accern’s scale. Accern also gave media stories about the company an impact score of 45.9638800991619 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the near term.
These are some of the news articles that may have impacted Accern Sentiment’s scoring:
CTB has been the topic of several research analyst reports. ValuEngine raised Cooper Tire & Rubber from a “hold” rating to a “buy” rating in a research note on Thursday, November 30th. Zacks Investment Research downgraded Cooper Tire & Rubber from a “hold” rating to a “sell” rating in a research note on Tuesday, October 10th. FBR & Co reissued a “buy” rating and issued a $53.00 price target on shares of Cooper Tire & Rubber in a research note on Tuesday, September 5th. Jefferies Group reissued a “hold” rating and issued a $40.00 price target on shares of Cooper Tire & Rubber in a research note on Sunday, September 10th. Finally, KeyCorp reaffirmed a “buy” rating and issued a $42.00 target price on shares of Cooper Tire & Rubber in a research report on Wednesday, November 1st. Two research analysts have rated the stock with a sell rating, four have issued a hold rating and four have issued a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and an average price target of $44.00.
Cooper Tire & Rubber (NYSE:CTB) opened at $35.45 on Friday. Cooper Tire & Rubber has a 1-year low of $31.55 and a 1-year high of $44.50. The company has a current ratio of 2.67, a quick ratio of 1.59 and a debt-to-equity ratio of 0.24. The company has a market capitalization of $1,856.11, a PE ratio of 9.33, a P/E/G ratio of 1.17 and a beta of 0.07.
Cooper Tire & Rubber (NYSE:CTB) last posted its quarterly earnings results on Monday, October 30th. The company reported $1.18 EPS for the quarter, topping analysts’ consensus estimates of $0.85 by $0.33. Cooper Tire & Rubber had a return on equity of 17.56% and a net margin of 7.18%. The business had revenue of $733.80 million during the quarter, compared to analysts’ expectations of $779.02 million. During the same quarter last year, the company posted $1.04 earnings per share. Cooper Tire & Rubber’s quarterly revenue was down 2.3% on a year-over-year basis. analysts forecast that Cooper Tire & Rubber will post 3.22 EPS for the current fiscal year.
The business also recently declared a quarterly dividend, which will be paid on Friday, December 29th. Investors of record on Friday, December 1st will be paid a $0.105 dividend. This represents a $0.42 annualized dividend and a dividend yield of 1.18%. The ex-dividend date of this dividend is Thursday, November 30th. Cooper Tire & Rubber’s dividend payout ratio (DPR) is currently 10.82%.
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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.
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