Cooper Tire & Rubber (NYSE:CTB) is scheduled to announce its earnings results before the market opens on Tuesday, February 20th. Analysts expect the company to announce earnings of $0.62 per share for the quarter.
Shares of Cooper Tire & Rubber (NYSE CTB) opened at $35.60 on Monday. 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 cap of $1,825.35, a P/E ratio of 9.18 and a beta of 0.17. Cooper Tire & Rubber has a fifty-two week low of $31.55 and a fifty-two week high of $44.50.
The business also recently declared a quarterly dividend, which will be paid on Thursday, March 29th. Investors of record on Thursday, March 1st will be issued a dividend of $0.105 per share. This represents a $0.42 annualized dividend and a dividend yield of 1.18%. Cooper Tire & Rubber’s dividend payout ratio is currently 10.82%.
Several analysts recently commented on CTB shares. FBR & Co restated a “buy” rating and set a $50.00 price target on shares of Cooper Tire & Rubber in a report on Tuesday, October 31st. Longbow Research started coverage on shares of Cooper Tire & Rubber in a report on Wednesday, January 31st. They set a “buy” rating and a $50.00 price target for the company. Zacks Investment Research
upgraded shares of Cooper Tire & Rubber from a “hold” rating to a “buy” rating and set a $44.00 price target for the company in a report on Friday, January 12th. Northcoast Research upgraded shares of Cooper Tire & Rubber from a “neutral” rating to a “buy” rating in a report on Wednesday, January 10th. Finally, B. Riley restated a “buy” rating and set a $50.00 price target on shares of Cooper Tire & Rubber in a report on Monday, December 11th. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and eight have given a buy rating to the company’s stock. Cooper Tire & Rubber presently has an average rating of “Buy” and a consensus target price of $45.88.
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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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