Alert: Positive Investment/Fundamental Signals (11/8/23)-Cooper-Standard Holdings Inc (NYSE: CPS)

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Recent exceptional positive changes in investment behavior have benefitted Cooper-Standard Holdings Inc (NYSE: CPS): the stock’s recent price rise disrupted its longer term downtrend, its longer term price trend turned up, and its shorter term price trend turned up.

Cooper-Standard Holdings Inc (NYSE: CPS) has benefited from marginal positive changes in fundamentals: the stock’s power rating rose above 70.

In light of these very positive signals we are reviewing our current Overall Rating of D. We would view the shares with optimism pending completion of this review in the next several days.

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Current PriceTarget Research Rating

CPS’ future returns on capital are forecasted to be in line with the cost of capital. Accordingly, the company is expected to continue to be Value Creation neutral.

Cooper-Standard Holdings has a current Value Trend Rating of D (Negative). This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Cooper-Standard Holdings has a very low Appreciation Score of 6 but a good Power Rating of 75, resulting in the Negative Value Trend Rating.

Recent Price Action

Cooper-Standard Holdings Inc (NYSE: CPS) stock enjoyed a large increase of 2.6% on 11/8/23. The stock closed at $19.27. The stock has been strong relative to the market over the last nine months and has risen 55.2% during the last week.

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