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.

CTB was given price targets by several analysts. The most optimistic analyst gave a price target of 53, implying potential capital gains of 35.98 percent. The most pessimistic price target was 40, implying potential capital losses of 2.63 percent. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.

In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average 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. On the other hand, earnings estimates for the fiscal year have been revised upwards by 0.85 percent, as compared to a month ago. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -4.65 percent.

Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. Over the past month, 2 analysts increased their quarterly estimates, while 0 analysts revised their estimates downwards. During this time, 2 analysts made positive revisions in their estimates for this fiscal year's earnings, while 0 analysts decreased their estimates.

CTB has an estimated earnings growth rate of -11.7 percent as forecasted by analysts. People on Wall Street often look at a company's PEG ratio. Investors like to see smaller values for the PEG ratio, because that is often interpreted as the company being fairly priced relative to its growth rate. 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 stock has a market capitalization of $2.07 billion. CTB will post this quarters earnings in days, on 0000-00-00.