Alert: New Earnings Report (5/6/24)-Cooper-Standard Holdings Inc (NYSE: CPS).

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For its first fiscal quarter (ending March 31), Cooper-Standard Holdings Inc (NYSE: CPS) has reported E.P.S. of $-1.81 compared to $-7.57 a year ago. For the latest four quarters through March 31, E.P.S. were $-5.93 versus $-16.52 for the same period a year ago.

Recent Price Action

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On 5/6/24, Cooper-Standard Holdings Inc (NYSE: CPS) stock enjoyed a large increase of 2.6%, closing at $16.57. However, below average trading volume at 69% of normal accompanied the advance. The stock has performed in line with the market over the last nine months and has risen 3.6% during the last week.

Current PriceTarget Research Rating

Reflecting future returns on capital that are forecasted to fall short of the cost of capital, CPS is expected to be a major Value Eraser.

Cooper-Standard Holdings is currently unrated.

Rating Review

The stock is currently unrated.

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