Cooper-Standard Holdings Inc (NYSE:CPS) price on Friday, March 21, fall -1.42% below its previous day’s close as a downside momentum from buyers pushed the stock’s value to $16.69.
A look at the stock’s price movement, the close in the last trading session was $16.93, moving within a range at $15.97 and $17.27. The beta value (5-Year monthly) was 2.711. Turning to its 52-week performance, $19.21 and $11.24 were the 52-week high and 52-week low respectively. Overall, CPS moved 12.01% over the past month.
Cooper-Standard Holdings Inc’s market cap currently stands at around $289.18 million, with investors looking forward to this quarter’s earnings report slated for on 2025-Feb-12.
Analysts have a consensus estimate of 670M for the company’s revenue for the quarter, with a low and high estimate of 670M and 670M respectively. The average forecast suggests down to a -0.95% growth in sales growth compared to quarterly growth in the same period last fiscal year. Wall Street analysts have also projected the company’s year-on-year revenue to grow to 2.85B, representing a 4.18% jump on that reported in the last financial year.
Turning to the stock’s technical picture we see that short term indicators suggest on average that CPS is a Hold. On the other hand, the stock is on average a 100% Buy as suggested by medium term indicators while long term indicators are putting the stock in 100% Buy category.
1 analyst(s) have given their forecast ratings for the stock on a scale of 1.00-5.00 for a strong buy to strong sell recommendation. A total of 1 analyst(s) rate the stock as a Hold, 0 recommend CPS as a Buy and 0 give it an Overweight rating. Meanwhile, 0 analyst(s) rate the stock as Underweight and 0 say it is a Sell. As such, the average rating for the stock is Hold which could provide an opportunity for investors keen on increasing their holdings of the company’s stock.
CPS’s current price about 14.76% and 12.42% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 65.39, while 7-day volatility ratio is 7.38% and 5.85% in the 30-day chart. Further, Cooper-Standard Holdings Inc (CPS) has a beta value of 2.53, and an average true range (ATR) of 0.93.
If we refocus on Cooper-Standard Holdings Inc (NYSE:CPS), historical trading data shows that trading volumes averaged 0.31 over the past 10 days and 218.30K over the past 3 months. The company’s latest data on shares outstanding shows there are 17.33 million shares.
The 4.80% of Cooper-Standard Holdings Inc’s shares are in the hands of company insiders while institutional holders own 62.41% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 1.1 million on 2025-02-28, giving us a short ratio of 4.3. The data shows that as of 2025-02-28 short interest in Cooper-Standard Holdings Inc (CPS) stood at 770.0 of shares outstanding, with shares short falling to 1.12 million registered in 2025-01-31. Current price change has pushed the stock 23.08% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the CPS stock continues to rise going into the next quarter.
