Cooper-Standard Holdings (CPS) Given Media Impact Rating of 0.19
Media stories about Cooper-Standard Holdings (NYSE:CPS) have been trending somewhat positive this week, Accern Sentiment Analysis reports. Accern ranks the sentiment of press coverage by monitoring more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Cooper-Standard Holdings earned a news sentiment score of 0.19 on Accern’s scale. Accern also assigned news stories about the auto parts company an impact score of 47.1776624055925 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.
Here are some of the news stories that may have effected Accern Sentiment’s analysis:
- $831.98 Million in Sales Expected for Cooper-Standard Holdings Inc. (CPS) This Quarter (americanbankingnews.com)
- Cooper-Standard Holdings Breaks Above 200-Day Moving Average – Bullish for CPS (nasdaq.com)
- Cooper-Standard Holdings Inc. (CPS) VP Sells $1,470,560.00 in Stock (americanbankingnews.com)
- Analysts Anticipate Cooper-Standard Holdings Inc. (CPS) Will Announce Earnings of $2.52 Per Share (americanbankingnews.com)
- Financial Review: Cooper-Standard Holdings (CPS) and BorgWarner (BWA) (americanbankingnews.com)
Shares of Cooper-Standard Holdings (CPS) traded up 1.33% during mid-day trading on Friday, hitting $106.56. The company’s stock had a trading volume of 512,559 shares. The stock’s 50 day moving average price is $101.15 and its 200 day moving average price is $106.06. Cooper-Standard Holdings has a 52-week low of $82.50 and a 52-week high of $118.59. The company has a market cap of $1.89 billion, a price-to-earnings ratio of 13.42 and a beta of 0.73.
Cooper-Standard Holdings (NYSE:CPS) last issued its earnings results on Thursday, August 3rd. The auto parts company reported $2.60 EPS for the quarter, beating the consensus estimate of $2.58 by $0.02. Cooper-Standard Holdings had a return on equity of 26.90% and a net margin of 4.22%. The business had revenue of $909.10 million for the quarter, compared to the consensus estimate of $884.02 million. During the same period last year, the business posted $2.85 EPS. The company’s revenue was up 3.4% compared to the same quarter last year. Equities analysts forecast that Cooper-Standard Holdings will post $10.70 EPS for the current year.
CPS has been the topic of a number of recent analyst reports. BidaskClub upgraded Cooper-Standard Holdings from a “sell” rating to a “hold” rating in a report on Wednesday, July 12th. Bank of America Corporation reiterated an “underperform” rating and set a $85.00 price target (down from $94.00) on shares of Cooper-Standard Holdings in a report on Friday, June 16th. ValuEngine lowered Cooper-Standard Holdings from a “strong-buy” rating to a “buy” rating in a report on Tuesday, June 20th. Finally, Zacks Investment Research upgraded Cooper-Standard Holdings from a “strong sell” rating to a “hold” rating in a report on Wednesday, August 16th. One analyst has rated the stock with a sell rating, three have issued a hold rating and four have assigned a buy rating to the company. The stock currently has a consensus rating of “Hold” and an average target price of $109.67.
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In other news, major shareholder Silver Point Capital L.P. sold 110,500 shares of the firm’s stock in a transaction on Friday, July 14th. The stock was sold at an average price of $105.42, for a total value of $11,648,910.00. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, insider Aleksandra A. Miziolek sold 865 shares of the firm’s stock in a transaction on Tuesday, August 15th. The stock was sold at an average price of $101.00, for a total value of $87,365.00. Following the completion of the transaction, the insider now owns 866 shares in the company, valued at $87,466. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 267,865 shares of company stock worth $28,341,075. Company insiders own 1.10% 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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