The stock declined 1.06% or $0.63 reaching $58.67 on the news.
CTB has been the subject of several other reports. Also, the number of hedge funds holding Cooper Tire & Rubber Co in their top 10 positions was flat from 1 to 1 for the same number. Next quarter's EPS is forecasted to be $1.12 with next year's EPS projected to be $4.08. Northwestern Mutual Investment Management Company LLC bought a new stake in Cooper Tire & Rubber during the first quarter worth approximately $403,000. Telemus Capital LLC now owns 16,135 shares of the company's stock valued at $581,000 after buying an additional 2,285 shares during the last quarter. Tiaa Cref Investment Limited Co owns 0% invested in Provident Financial Holdings, Inc. Finally, Envestnet Asset Management Inc. boosted its position in Cooper Tire & Rubber by 9.0% in the fourth quarter. MA now owns 1,295,362 shares of the company's stock valued at $46,633,000 after buying an additional 1,110,842 shares during the period. Profund Advisors LLC bought a new position in Cooper Tire & Rubber during the first quarter valued at about $481,000.
Shares of Cooper Tire & Rubber (CTB) traded down 6.16% during mid-day trading on Thursday, hitting $36.55. Envestnet Asset Management Inc. now owns 3,912 shares of the company's stock valued at $152,000 after buying an additional 323 shares during the last quarter. The firm has a market capitalization of $7.82 billion, a P/E ratio of 6.766 and a beta of 1.53. The firm has a 50 day moving average of $36.67 and a 200 day moving average of $38.73. Hartford Invest Mngmt stated it has 0.04% in Goodyear Tire & Rubber Co (NASDAQ:GT).
Cooper Tire & Rubber (NYSE:CTB) last posted its quarterly earnings data on Thursday, April 27th. Bank of Montreal Can now owns 225,890 shares of the company's stock worth $10,018,000 after buying an additional 129,748 shares in the last quarter.
ESports Could Become an Olympic Sport Starting at Paris 2024
Let us know if you think if E-Sports should be a part of the 2024 Olympics by commenting in the comments section below. Paris has yet to be officially announced as the host of the 2024 games, but that's expected to happen in September.
03/23/2017 - Cooper Tire & Rubber Company had its "outperform" rating reiterated by analysts at FBR Capital Markets. The firm had revenue of $643.03 million for the quarter, compared to the consensus estimate of $687.92 million. The company was maintained on Tuesday, August 1 by Credit Suisse. The company's revenue for the quarter was up.2% on a year-over-year basis. In the latest earnings report the EPS was $4.04 and is estimated to be $3.40 for the current year with 52,933,000 shares outstanding.
The business also recently announced a quarterly dividend, which will be paid on Friday, September 1st. The ex-dividend date will be Tuesday May 30th, 2017. The Goodyear Tire & Rubber's dividend payout ratio (DPR) is now 8.77%. BidaskClub upgraded Cooper Tire & Rubber from a "sell" rating to a "hold" rating in a research note on Wednesday, July 19th. If you are viewing this piece of content on another domain, it was copied illegally and republished in violation of US & worldwide copyright laws. The legal version of this article can be read at https://transcriptdaily.com/2017/08/09/brokerages-expect-the-goodyear-tire-rubber-company-gt-to-post-0-78-eps-updated-updated-updated.html.
06/20/2017 - Cooper Tire & Rubber Company was upgraded to "accumulate" by analysts at Standpoint Research. Morgan Stanley set a $52.00 price target on shares of The Goodyear Tire & Rubber and gave the company a "buy" rating in a research report on Friday, July 28th. Zacks Investment Research lowered The Goodyear Tire & Rubber from a "hold" rating to a "sell" rating in a research note on Monday, July 31st. Zacks' sales calculations are a mean average based on a survey of research firms that follow Cooper Tire & Rubber. The stock has "Buy" rating by Jefferies on Tuesday, June 20. Finally, Guggenheim began coverage on The Goodyear Tire & Rubber in a research note on Wednesday, June 21st. The stock has "Hold" rating by Standpoint Research on Wednesday, October 28.
Equity analyst KeyBanc issued its first research report on the stock with a rating of "Hold". Jefferies Group LLC restated a "hold" rating and set a $40.00 target price on shares of Cooper Tire & Rubber in a report on Thursday, July 6th. The shares were sold at an average price of $35.29, for a total transaction of $220,562.50. GT exchanged 3.86 million shares in recent session versus to the average volume of 3.13 million shares while its relative volume is 1.23. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Jefferies maintained Goodyear Tire & Rubber Co (NASDAQ:GT) rating on Monday, August 7. The Company operates through three segments.
- Investors expect higher earnings growth on Southwest Airlines Co. (LUV)
- Teenager stabbed to death in south London
- SP MLC Ashok Bajpai resign from UP Council
- Barcelona raises Coutinho offer as Liverpool star pushes for move
- Maharatna loses sheen: BHEL obsolete and inefficient, says CAG report
- SPDR Dow Jones Industrial Average ETF (DIA) Declares Monthly Dividend of $0.24
- Coen Brothers' 'The Ballad Of Buster Scruggs' Western Anthology Lands At Netflix
- 'Wonder Woman' Was Secretly Bankrolled by Billionaire Koch Brothers
- Houghton Mifflin Harcourt Company (NASDAQ:HMHC) Receives Hold Rating from Stifel Nicolaus
- Capitals home renamed Capital One Arena