Analyst Ratings for Cooper Tire & Rubber Co. (CTB)

Updated: 2017-07-27

An average rating of Overweight has been given to Cooper Tire & Rubber Co. (NYSE:CTB) by analysts covering the stock. CTB had previously received a consensus rating of Overweight a month ago.

A buy rating was issued by 3 analysts, 0 issued an overweight rating, 4 gave a hold rating, 0 gave an underweight rating, and 0 gave a sell rating. Compared to three months ago, there has been an increase of 0 in the number of analysts with a positive outlook on the stock. Over the same time period, there has been an increase of 0 in the number of analysts with a negative outlook on the stock.

A number of analysts gave price targets for CTB. The highest price target was 53, implying a possible profit of 35.98 percent. The most pessimistic price target was 40, implying a possible loss of 2.63 percent. One must be careful with overanalyzing price targets and ratings due to possible conflicts of interest among the analysts releasing them.

Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 2.05 percent. That number becomes -9.01 percent if we expand the time horizon to include the past 3 months instead of just one. Meanwhile, fiscal year estimates have been revised upwards by 0.85 percent, compared to last month. If we look at the last 90 days instead, we find a net average change of -4.65 percent in FY estimates.

People are often interested in whether analysts were united in the direction of their revisions. 2 analysts have revised their quarterly estimates upwards in the past 30 days, while 0 analysts made negative revisions. Also over the last month, 2 analysts increased their estimates for the FY earnings, while 0 analysts decreased their estimates.

CTB has an estimated earnings growth rate of -11.7 percent as forecasted by analysts. Another measure frequently examined by investors is the PEG ratio. A lower PEG ratio is favorable, as that can indicate whether the high price level of a stock is warranted by high growth. Many investors consider PEG ratios between 0 and 1 as preferrable, although it is frequently more appropriate to compare PEG ratios to the company's peers. CTB has a PEG ratio of -0.83.

In the last 52-weeks, CTB has achieved a high of 44.50 and a low of 31.82. Currently the stock is 22.49 percent higher than its low, and 12.42 percent below the high. CTB has a price/earnings ratio of 9.66. Investors typically compare the P/E ratio to a company's peers in the industry. The CTB value stock report compares CTB to some of its peers using value stock charts. The market cap of CTB is $2.07 billion. CTB is estimated to release their earnings results for the quarter on 0000-00-00, days from today.