Economy

This Weeks Target Prices For Cooper Tire & Rubber Company (NYSE:CTB)

This Weeks Target Prices For Cooper Tire & Rubber Company (NYSE:CTB)”

The ERP5 of Cooper Tire & Rubber Company (NYSE:CTB) is 964. -9.75% (High), 25.18%, (Low). The average 1 year target price among brokers that have covered the stock in the last year is $42.00. The dividend was $0.105 per share for the quarter which comes to $0.42 on an annualized basis.

FT reports, The 8 analysts offering 12 month price targets for Goodyear Tire & Rubber Co have a median target of 36.50, with a high estimate of 46.00 and a low estimate of 34.00. For the next fiscal year, analysts anticipate that the firm will report sales of $15.59 billion per share, with estimates ranging from $15.42 billion to $15.81 billion.

The Goodyear Tire & Rubber (NASDAQ:GT) last posted its earnings results on Friday, July 28th. During the same quarter a year ago, the business posted $1.16 EPS.

Cooper Tire & Rubber Company (NYSE:CTB) now has a Montier C-score of 2. The business had revenue of $3.69 billion for the quarter, compared to analyst estimates of $3.70 billion. As of December 31, 2016, the Company operated nine manufacturing facilities and 20 distribution centers in 10 countries. Goodyear Tire had 22 analyst reports since October 28, 2015 according to SRatingsIntel. Finally, Zacks Investment Research upgraded Cooper Tire & Rubber from a "hold" rating to a "buy" rating and set a $41.00 target price on the stock in a research report on Tuesday, August 1st. The stock tapped a 52-week high of US$8.94 while the mean 12-month price target for the shares is US$10.17.

01/08/2015 - Cooper Tire & Rubber Company was upgraded to "hold" by analysts at BB&T Capital Markets. Expectations are typically that future earnings will be higher, and thus the stock price is expected to rise as well. Finally, Guggenheim started coverage on shares of The Goodyear Tire & Rubber in a research note on Wednesday, June 21st. Two analysts have rated the stock with a sell rating, four have given a hold rating and four have given a buy rating to the company's stock. Goldman Sachs downgraded Goodyear Tire & Rubber Co (NASDAQ:GT) on Thursday, March 30 to "Neutral" rating.

Goodyear Tire Rubber (GT)'s MACD Histogram reading is now above the zero line, indicating a positive chart trend for the shares. 1,549,300 shares of the company's stock traded hands. The latest exchange of 1.31 Million shares is below its average trading activity of 934.52 Million shares.

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Cooper Tire & Rubber Company's P/E ratio is 10.50 and the market value is 1.98B. Experts say the higher the value, the better, as it means that the free cash flow is high, or the variability of free cash flow is low or both. The total value of its holdings decreased 17.1%. On August 7 Deutsche Bank maintained a company rating of "Hold" and moved up the price target from $40.00 to $45.00. The sale was disclosed in a legal filing with the SEC, which is available through this link. They help determine the company's ability to continue operating. Investors may use Price to Book to display how the market portrays the value of a stock. During the same period past year, the firm earned $1.27 earnings per share.

A number of institutional investors and hedge funds have recently bought and sold shares of the business.

A number of other institutional investors have also modified their holdings of GT. Gateway Investment Advisers LLC grew its stake in The Goodyear Tire & Rubber by 0.3% during the second quarter. Riverhead Capital Management LLC now owns 4,029 shares of the company's stock worth $145,000 after purchasing an additional 1,729 shares in the last quarter.

Cooper Tire & Rubber (NYSE:CTB) last released its quarterly earnings results on Friday, August 4th. The Company manufactures and sells tires under the Goodyear, Dunlop, Kelly, Debica, Sava and Fulda brands, and various other Goodyear owned house brands, and the private-label brands of certain customers. Thrivent Financial For Lutherans boosted its holdings in The Goodyear Tire & Rubber by 1.5% in the first quarter. FNY Partners Fund LP purchased a new stake in Cooper Tire & Rubber in the 1st quarter worth approximately $110,000. The FCF Score of Cooper Tire & Rubber Company (NYSE:CTB) is -0.171302. Louisiana State Employees Retirement System now owns 15,600 shares of the company's stock worth $545,000 after acquiring an additional 100 shares during the period.

A stock rating usually tells investors how well a stock's market value relates to what analysts think is a fair value for the stock, based on an independent evaluation of the company. If you are accessing this piece of content on another domain, it was stolen and republished in violation of USA and worldwide copyright and trademark law. GT 's 20-day moving average now sits above its 100-day moving average.

Cooper Tire & Rubber Company (NYSE:CTB) presently has a current ratio of 2.74. The Company operates through three segments: Americas; Europe, Middle East and Africa (EMEA), and Asia Pacific.



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