EPS Estimates Revision Screen: Cooper Tire & Rubber Company (CTB)

Cornelia Mascio
Dicembre 8, 2017

It has outperformed by 27.03% the S&P500. LSV Asset Management grew its stake in The Goodyear Tire & Rubber by 6.6% in the 2nd quarter. The firm's quarterly revenue was up 1.9% compared to the same quarter past year. The company holds 250.00 million outstanding shares and 245.94 million shares are floating in market. The stock decreased 0.13% or $0.04 during the last trading session, reaching $31.32. About 1.47M shares traded. The Goodyear Tire & Rubber Company (NASDAQ:GT) has risen 17.26% since December 7, 2016 and is uptrending. It has outperformed by 0.56% the S&P500.

According to Zacks brokerage recommendations, Cooper Tire & Rubber Company (NYSE:CTB)'s Buy count is 0 and Strong Buy is 3 while the number of analysts recommending Sell and Strong Sell are 0 and 3, respectively. Therefore 50% are positive. The sales growth rate helps investors determine how strong the overall growth-orientation is for a stock or portfolio. The company has a consensus rating of "Hold" and a consensus price target of $37.70. The company was maintained on Tuesday, May 3 by Goldman Sachs. The company was downgraded on Friday, October 7 by Standpoint Research. As per Thursday, February 18, the company rating was maintained by Deutsche Bank. Prnewswire.com's news article titled: "Goodyear and Sandia Labs Mark 25 Years of Technical Collaboration to Improve ..." with publication date: December 06, 2017 was also an interesting one. Also Seekingalpha.com published the news titled: "Goodyear Tire Is A Buy" on November 28, 2017. Pillar Pacific Cap Ltd Liability Com owns 112,995 shares or 0.54% of their United States portfolio. 225.19 million shares or 2.30% less from 230.50 million shares in 2017Q1 were reported. (NASDAQ:ASNA) by 180,960 shares to 423,800 shares, valued at $911,000 in 2017Q2, according to the filing. Comparatively, 91.6% of Goodyear Tire & Rubber Co shares are held by institutional investors. Therefore 58% are positive.

In other The Goodyear Tire & Rubber news, insider Jean Claude Kihn sold 7,500 shares of the firm's stock in a transaction dated Monday, October 2nd. It seems that Halcon Resources Corporation (NYSE:HK) might see muted action given an ABR of 2.1 or Hold rating. The firm earned "Hold" rating on Wednesday, March 1 by Standpoint Research. The rating was maintained by Jefferies with "Hold" on Friday, September 8.

The Goodyear Tire & Rubber Company (GT) stock is attractive participant of Wall Street Market in Wednesday trading. The stock of The Goodyear Tire & Rubber Company (NASDAQ:GT) has "Buy" rating given on Tuesday, June 20 by Jefferies. The company was initiated on Tuesday, November 29 by Jefferies. CT acquired a new position in shares of The Goodyear Tire & Rubber during the second quarter worth approximately $101,396,000.

The Goodyear Tire & Rubber Company (NasdaqGS:GT) has a current ERP5 Rank of 3540. The 43160 consensus earnings estimates for the company have stabilized at US$0.72 per share. The business's revenue for the quarter was down 2.3% compared to the same quarter last year. analysts forecast that Cooper Tire & Rubber Company will post 3.22 EPS for the current fiscal year. GT's profit will be $179.82 million for 10.84 P/E if the $0.73 EPS becomes a reality.

Now, the FactSet Research estimate calls for 43070 earnings of US$0.62. Investors of record on Friday, December 1st will be paid a dividend of $0.105 per share. Its up 0.03, from 1.11 in 2017Q1. It increased, as 47 investors sold GT shares while 141 reduced holdings. 56 funds opened positions while 158 raised stakes. Gsa Cap Prtnrs Llp reported 10,363 shares.

Halcon Resources Corporation (NYSE:HK)'s latest quote $6.97 $-0.86 -2.65% will find technical support in $6.78 a share and a breakdown below this region would be a significantly bearish signal for Halcon Resources Corporation traders. The Return on Assets for The Goodyear Tire & Rubber Company (NasdaqGS:GT) is 0.058508. The original version of this story can be read at https://www.thelincolnianonline.com/2017/12/07/the-goodyear-tire-rubber-company-gt-shares-bought-by-legal-general-group-plc.html. Proshare Advsrs Limited accumulated 8,663 shares. The Goodyear Tire & Rubber's dividend payout ratio (DPR) is 14.47%. Kames Public Ltd Limited Liability Company accumulated 153,198 shares. 316,860 were reported by King Luther Cap Mngmt. Parametric Portfolio Associates LLC grew its stake in The Goodyear Tire & Rubber by 94.1% in the 2nd quarter. State Of Tennessee Treasury Department has 178,868 shares. 13,388 were accumulated by Pnc Financial Svcs Group Incorporated.

The Goodyear Tire & Rubber (NASDAQ:GT) last released its quarterly earnings data on Friday, October 27th.

The Goodyear Tire & Rubber Company (GT) delivered a increase of 0.47% return at the end of last trading. This is an increase from The Goodyear Tire & Rubber's previous quarterly dividend of $0.10.

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