Cooper Tire & Rubber Co (NYSE:CTB) – KeyCorp issued their FY2017 EPS estimates for shares of Cooper Tire & Rubber in a research note issued to investors on Tuesday, according to Zacks Investment Research. KeyCorp analyst B. Hoselton expects that the company will post earnings per share of $3.23 for the year. KeyCorp currently has a “Buy” rating and a $42.00 price target on the stock.

Several other research firms also recently weighed in on CTB. Zacks Investment Research raised shares of Cooper Tire & Rubber from a “hold” rating to a “buy” rating and set a $44.00 target price on the stock in a research report on Friday, January 12th. FBR & Co reaffirmed a “buy” rating and issued a $50.00 price objective on shares of Cooper Tire & Rubber in a report on Tuesday, October 31st. Northcoast Research raised shares of Cooper Tire & Rubber from a “neutral” rating to a “buy” rating in a report on Wednesday, January 10th. Jefferies Group reaffirmed a “hold” rating and issued a $35.00 price objective on shares of Cooper Tire & Rubber in a report on Tuesday, October 31st. Finally, B. Riley reaffirmed a “buy” rating and issued a $50.00 price objective on shares of Cooper Tire & Rubber in a report on Monday, December 11th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and seven have assigned a buy rating to the company. Cooper Tire & Rubber has an average rating of “Buy” and an average target price of $45.29.

Cooper Tire & Rubber (NYSE CTB) traded up $0.15 during trading hours on Friday, reaching $39.40. 439,373 shares of the company’s stock traded hands, compared to its average volume of 856,114. The stock has a market cap of $2,020.00, a P/E ratio of 10.17 and a beta of 0.07. Cooper Tire & Rubber has a 12 month low of $31.55 and a 12 month high of $44.50. The company has a debt-to-equity ratio of 0.24, a quick ratio of 1.59 and a current ratio of 2.67.

Cooper Tire & Rubber (NYSE:CTB) last released its earnings results on Monday, October 30th. The company reported $1.18 earnings per share for the quarter, topping the consensus estimate of $0.85 by $0.33. The company had revenue of $733.80 million for the quarter, compared to the consensus estimate of $779.02 million. Cooper Tire & Rubber had a net margin of 7.18% and a return on equity of 17.56%. Cooper Tire & Rubber’s revenue was down 2.3% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.04 EPS.

Hedge funds have recently added to or reduced their stakes in the company. Riverhead Capital Management LLC lifted its stake in shares of Cooper Tire & Rubber by 75.2% in the 2nd quarter. Riverhead Capital Management LLC now owns 4,029 shares of the company’s stock valued at $145,000 after purchasing an additional 1,729 shares during the period. Flinton Capital Management LLC lifted its stake in shares of Cooper Tire & Rubber by 76.7% in the 2nd quarter. Flinton Capital Management LLC now owns 4,452 shares of the company’s stock valued at $161,000 after purchasing an additional 1,932 shares during the period. Advisory Services Network LLC lifted its stake in shares of Cooper Tire & Rubber by 6.8% in the 2nd quarter. Advisory Services Network LLC now owns 4,751 shares of the company’s stock valued at $172,000 after purchasing an additional 304 shares during the period. Unison Advisors LLC acquired a new position in shares of Cooper Tire & Rubber in the 4th quarter valued at $224,000. Finally, Worth Venture Partners LLC acquired a new position in shares of Cooper Tire & Rubber in the 2nd quarter valued at $235,000.

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About Cooper Tire & Rubber

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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