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.

Several price targets were given for CTB by the analysts covering the stock. The highest price target was 53, implying potential capital gains of 35.98 percent. The most pessimistic price target was 40, implying potential capital losses of 2.63 percent. Many analysts are not unbiased in their coverage of stocks, including price targets and stock ratings, so care must be taken in interpreting numbers released by them.

Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 2.05 percent. This can be compared with the average change in earnings estimates over the past 3 months, which is -9.01 percent. Over the past 30 days, FY earnings estimates have also changed upwards by 0.85 percent. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -4.65 percent.

Another thing investors often look at is the level of agreement among analysts' revisions. 2 analysts made positive revisions to their quarterly estimates over the past month, while 0 analysts revised their estimates downwards. Over the same time period, 2 analysts revised their FY earnings estimates upwards, while 0 analysts made negative revisions to their fiscal year's 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. Investors like to see smaller values for the PEG ratio, as that can indicate whether the high price level of a stock is warranted by high growth. Wall Street investors typically prefer a PEG ratio to be smaller than 1, even though it may be more relevant to compare the ratio to that of a firm's competitors. CTB has a PEG ratio of -0.83.

In the trailing 52-weeks, CTB hit 44.50 at the highest peak, while it's lowest trading point was 31.82. Today's price is 22.49 percent above the 52-week low, and below the high by 12.42 percent. 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 will post this quarters earnings in days, on 0000-00-00.