Revenue Update on Cooper Tire & Rubber Co(NYSE:CTB)
- Author: Zachary Reyes Mar 01, 2017,
Mar 01, 2017, 3:28
The difference between the estimated and actual earnings was $0.04 per share. The Weekly and Monthly Volatility stands at 1.65% and 2.44%. For the current estimate trends of EPS, pool recommendation was $0.60 and for one month was $0.72. The firm's revenue for the quarter was down 4.0% compared to the same quarter a year ago. Comparatively, growth in the past five years was -6.21 percent (per annum). This estimate is provided by 5 analysts. The average analysts gave this company a mean recommendation of 2.50. Shareholders of record on Thursday, March 2nd will be given a $0.105 dividend. Equities research analysts forecast that Cooper Tire & Rubber Co will post $3.68 EPS for the current year. The High end of the Estimate is $153 Million, while the Low end of the Estimate is $111.7 Million.
Price Target plays a critical role when it comes to the Analysis of a Stock. However the company observed 52 week high price on 02/21/17 and witnessed 52 week low price on 07/06/16.
The Goodyear Tire & Rubber Company (NASDAQ:GT), at its latest closing price of $35.26, it has a price-to-book ratio of 1.98, compared to an industry average at 0.92. A common metric is a company's P/E Ratio.
Shares of The Coca-Cola Company (NYSE:KO) knocked down -0.26% to finish at $41.67 in last run as The stock got a shaky start early morning on analyst's remarks. The stock's current distance from 20-Day Simple Moving Average (SMA20) is -10.68% where SMA50 and SMA200 are 0.8% and 31.33% respectively. The stock stands almost $1.25 off versus the 52-week high of $36.61 and $11.05 above the 52-week low of $24.31. The overall volume in the last trading session was 2.56 million shares. The company has Beta Value of 1.47 and ATR value of 0.73.
Looking toward firm's returns performance, it has return on equity of 25.90% and returns on assets were calculated 7.10% with 0.77% year to date performance. The company's Relative strength index is 41.31.
Goodyear Tire & Rubber Co (NASDAQ:GT) fell -0.39% during previous trade. It has been assigned a low target price of $24 and a high target price of $42. The company has a current market capitalization of $2,209 M and it has 5,26,69,503 shares in outstanding. For the current year Goodyear Tire & Rubber Co (NASDAQ:GT) has set to release EPS of $3.92 as per the sentiments of 9 analysts, however according to 10 analysts, the company expected to release $4.93 EPS for next year. Norinchukin Bank The now owns 14,051 shares of the company's stock valued at $454,000 after buying an additional 101 shares during the last quarter.
The Goodyear Tire & Rubber Company (NASDAQ:GT), maintained return on investment for the last twelve months at 11.32, higher than what Reuters data shows regarding industry's average.
In related news, Director John J. Holland sold 4,000 shares of the firm's stock in a transaction that occurred on Wednesday, November 16th. The stock is now trading 9.33 percent higher from its SMA-50.
The company's net profit margin stands at 16.80% whereas its return on equity (ROE) is 44.00%.
The current price is staying below the SMA lines which signify weakens and is generally unhealthy/negative and may provide the momentum for driving the share price lower.
Analysts are also projecting an Average Revenue Estimate for The Goodyear Tire & Rubber Company as $3.84 Billion in the Current Quarter. The firm earned $3.70 billion during the quarter, compared to analyst estimates of $3.87 billion. Cooper Tire & Rubber Company has a 12 month low of $29.29 and a 12 month high of $40.75.
In the past 5 years, the stock showed growth of 38.26% per annum.