Published: Sat, May 20, 2017
World | By Paul Elliott

Cooper Tire & Rubber Co (CTB) Trading Down 9.8% After Earnings Miss


Intrcontinentalexchange now has $35.34 billion valuation. The stock declined 0.28% or $0.09 reaching $31.97 on the news. About 538,995 shares traded. It has by 0.00% the S&P500.

Now have a look at past performance (weekly performance to year to date performance) how Cooper Tire & Rubber Company (CTB) has been moved; whether it performed well or not. Deroy & Devereaux Private Investment Counsel Inc bought 105,655 shares as the company's stock 0.00%. State Street Corp now owns 1,758,619 shares of the company's stock valued at $77,994,000 after buying an additional 638,424 shares during the last quarter.

Goodyear Tire & Rubber Co (NASDAQ:GT) institutional sentiment increased to 0.88 in 2016 Q4. About 353,065 shares traded. Goodyear Tire & Rubber Co (NASDAQ:GT) has risen 6.00% since April 19, 2017 and is uptrending. For the past full year, shares are 16.77%. 3 funds opened positions while 7 raised stakes. Northwestern Mutual Wealth Management Co holds 5,987 shares. Panagora Asset Mgmt stated it has 0% of its portfolio in SCYNEXIS Inc (NASDAQ:SCYX). Commercial Bank Of America De owns 7,550 shares or 0% of their U.S. portfolio. For the past full year, shares are 18.33%. Deutsche Comml Bank Ag owns 72,349 shares for 0% of their portfolio. Northern Corporation reported 45,118 shares. Tower Rech Lc (Trc) invested in 1,466 shares or 0.01% of the stock. EPS breaks down the profitability of the company on a single share basis. The last session's volume of 6.41 million shares was lower than its average volume of 9.23 million shares. Whittier Co reported 4,944 shares. Zacks Invest Mgmt invested in 0.02% or 21,435 shares. Intercontinental Exchange had 37 analyst reports since August 6, 2015 according to SRatingsIntel. RBC Capital Markets has "Outperform" rating and $17 target. The firm earned "Neutral" rating on Monday, May 2 by JP Morgan. As per Sunday, August 9, the company rating was maintained by Standpoint Research. The stock of SCYNEXIS Inc (NASDAQ:SCYX) has "Buy" rating given on Thursday, August 20 by Needham. The firm has "Buy" rating by Goldman Sachs given on Tuesday, January 5. Bryn Mawr Tru owns 102,281 shares. This represents a $0.42 annualized dividend and a dividend yield of 1.17%. McClellan Stephen R sold $220,316 worth of Goodyear Tire & Rubber Co (NASDAQ:GT) on Monday, April 10. BIALOSKY DAVID L sold $891,985 worth of stock. FBR & Co reissued a "positive" rating and set a $48.00 target price on shares of Cooper Tire & Rubber Co in a research report on Tuesday, February 21st.

Among 6 analysts covering Goodyear Tire (NASDAQ:GT), 3 have Buy rating, 0 Sell and 3 Hold. Therefore 50% are positive.

EPS growth is an important number as it provides an indication of the future prospects of a company. Jefferies initiated the stock with "Buy" rating in Tuesday, November 29 report. The firm earned "Hold" rating on Friday, February 24 by Jefferies. Finally, JPMorgan Chase & Co. raised Cooper Tire & Rubber Co from a neutral rating to an overweight rating and upped their price objective for the stock from $47.00 to $51.00 in a research report on Tuesday, March 14th.

Cooper Tire & Rubber Co (NYSE:CTB) traded down 2.632% during trading on Wednesday, hitting $36.075. The company was upgraded on Thursday, April 7 by KeyBanc Capital Markets. Two analysts have rated the stock with a sell rating, four have given a hold rating and three have given a buy rating to the company's stock. As per Wednesday, March 30, the company rating was downgraded by Standpoint Research. During the same period in the prior year, the firm posted $1.05 EPS. GT's profit will be $222.85M for 9.05 P/E if the $0.89 EPS becomes a reality.

The consensus analysts recommendation at this point stands at 2.10 on The Goodyear Tire & Rubber Company (NASDAQ:GT). Its up 0.15, from 0.73 in 2016Q3. Sold All: 53 Reduced: 163 Increased: 136 New Position: 53. The investment managers in our partner's database now possess: 230.74 million shares, down from 236.64 million shares in 2016Q3. Horrell Capital Management Inc. boosted its stake in Cooper Tire & Rubber Co by 0.4% in the first quarter. 14,682 were reported by Nuveen Asset Mngmt Ltd Llc. Federated Pa has invested 0.03% in SCYNEXIS Inc (NASDAQ:SCYX). Advantus Mgmt holds 0.02% or 25,955 shares. Korea-based Natl Pension Service has invested 0% in Goodyear Tire & Rubber Co (NASDAQ:GT). Principal Financial Grp Inc has 0% invested in SCYNEXIS Inc (NASDAQ:SCYX). Cornerstone Capital Mgmt Ltd Liability Corporation owns 46,548 shares for 0.01% of their portfolio. "Has $1.523 Million Stake in Cooper Tire & Rubber Co (CTB)" was first published by Markets Daily and is the sole property of of Markets Daily. Cambria Investment Management L.P. increased its position in shares of Cooper Tire & Rubber Co by 1.2% in the first quarter. BlackRock Group LTD now owns 45,660 shares of the company's stock worth $1,736,000 after buying an additional 326 shares in the last quarter. 22,135 are held by Ngam Lp.

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