CSIMarket
 
Cooper standard Holdings Inc   (CPS)
Other Ticker:  
 
 
Price: $11.7700 $-0.32 -2.647%
Day's High: $11.9899 Week Perf: -5.16 %
Day's Low: $ 11.51 30 Day Perf: -19.66 %
Volume (M): 129 52 Wk High: $ 22.74
Volume (M$): $ 1,520 52 Wk Avg: $15.62
Open: $11.78 52 Wk Low: $11.24



 Market Capitalization (Millions $) 206
 Shares Outstanding (Millions) 17
 Employees 29,000
 Revenues (TTM) (Millions $) 2,810
 Net Income (TTM) (Millions $) -104
 Cash Flow (TTM) (Millions $) 11
 Capital Exp. (TTM) (Millions $) 68

Cooper Standard Holdings Inc

Cooper-Standard Holdings Inc. is a leading manufacturer of sealing, fuel and brake delivery, fluid transfer and anti-vibration systems. Our products are primarily for use in passenger vehicles and light trucks that are manufactured by global automotive original equipment manufacturers (“OEMs”) and replacement markets. We conduct substantially all of our activities through our subsidiaries.
Cooper Standard is a New York Stock Exchange (“NYSE”) listed company under the ticker symbol “CPS”. The Company has more than 29,000 employees with 98 facilities in 20 countries. We believe we are the largest global producer of sealing systems, the second largest global producer of the types of fuel and brake delivery products that we manufacture, the third largest global producer of fluid transfer systems, and one of the largest North American producers of anti-vibration systems. We design and manufacture our products in each major region of the world through a disciplined and sustained approach to engineering and operational excellence. We operate in 79 manufacturing locations and 19 design, engineering, and administrative locations.

Cooper-Standard Holdings Inc. was established in 2004 as a Delaware corporation and began operating on December 23, 2004 when it acquired the automotive segment of Cooper Tire & Rubber Company (the “2004 Acquisition”). Cooper-Standard Holdings Inc. operates the business primarily through its principal operating subsidiary, Cooper-Standard Automotive Inc. (“CSA U.S.”). Since the 2004 Acquisition, the Company has expanded and diversified its customer base through a combination of organic growth and strategic acquisitions.
In August 2009, following the onset of the financial crisis and economic downturn that severely impacted the global
automotive industry, Cooper-Standard Holdings Inc. and its wholly-owned subsidiaries in the United States and Canada commenced reorganization proceedings in the United States (the “Chapter 11 proceedings”) and Canada. In May 2010, the Company consummated its reorganization pursuant to a court-confirmed plan of reorganization and emerged from the Chapter 11 proceedings and the Canadian proceedings.


In October 2013, Cooper Standard’s common stock was listed on the NYSE and began trading under the ticker symbol “CPS.” Prior to the NYSE listing, the Company’s common stock was traded on the Over-the-Counter (“OTC”) Bulletin Board under the symbol “COSH.”


From 2006 to 2013, the Company accelerated its growth through a number of strategic acquisitions including the Fluid Handling Systems Operations in North America, Europe and China (collectively, “FHS”) from ITT Industries, Inc.; Metzeler Automotive Profile Systems; a hose manufacturing operation in Mexico from the Gates Corporation; USi, Inc.; the sealing business of Sigit S.p.A.; a joint venture with Fonds de Modernisation des Equipementiers Automobiles (“FMEA”); and Jyco Sealing Technology.


We continued strategic acquisitions and partnerships in 2014 and 2015 with the acquisition of Cikautxo Borja, S.L.U. in Spain, a manufacturer of heating and cooling hoses; the purchase of an additional 47.5% of Huayu-Cooper Standard Sealing Systems Co. (“Shenya”), increasing our equity ownership to 95% and positioning the Company as a leader in sealing systems in the Chinese automotive market; the formation of a joint venture with Polyrub Extrusions (India) Private Limited to grow the Company’s fluid transfer systems business in Asia; and a joint venture with INOAC Corporation of Japan accelerating our fluid transfer systems strategy in Asia.

As part of its profitable growth strategy, the Company implemented the Cooper Standard Operating System (“CSOS”) to fully position the Company for growth and ensure global consistency in engineering design, program management, manufacturing process, purchasing and IT systems. Standardization across all regions is especially critical in support of customers’ global platforms that require the same design, quality and delivery standards everywhere across the world.

We utilize our technical expertise to provide customers with innovative solutions. Our engineers combine product design with a broad understanding of material characteristics for enhanced vehicle performance. We believe our reputation for successful innovation in product design and materials is the reason our customers consult us early in their vehicle development and design process of their next generation vehicles.


Cooper Standard has evolved and further energized its approach to innovation with its i3 Innovation Process (Imagine, Initiate, Innovate). This approach is used as a mechanism to capture ideas from across our Company and supply partners while promoting a culture of innovation.


Ideas are carefully evaluated by a Global Technology Council and those that are selected are put on an accelerated development cycle with a dedicated innovation team focused on breakthrough ideas. This team is developing game-changing technologies based on materials expertise, process know-how, and application vision, which will drive future product direction. Among recently announced technologies is ArmorHose™, a breakthrough technology which results in significantly more durable coolant hoses and eliminates the need for separate abrasion sleeves on under-hood hose assemblies. Several other significant technologies, especially related to advanced materials, processing and weight reduction, have recently been realized. These include: Fortrex™, a revolutionary material that provides higher performance and lower weight to weather seals; and MagAlloy™, a new processing technology for brake lines that increases long term durability through superior corrosion resistance.

The automotive industry is one of the world’s largest and most competitive. Consumer demand for new vehicles largely determines sales and production volumes of global OEMs.


The automotive supplier industry is generally characterized by high barriers to entry, significant start-up costs and long-standing customer relationships. The criteria by which OEMs judge automotive suppliers include quality, price, service, performance, design and engineering capabilities, innovation, timely delivery, financial stability and global footprint. Over the last decade, suppliers that have been able to achieve manufacturing scale, reduce structural costs, diversify their customer base and establish a global manufacturing footprint have been successful.



   Company Address: 40300 Traditions Drive Northville 48168 MI
   Company Phone Number: 596-5900   Stock Exchange / Ticker: NYSE CPS
   


Customers Net Income grew by CPS's Customers Net Profit Margin grew to

4.45 %

9.5 %

• Customers Performance • Customers Expend. • Customers Efficiency • List of Customers


   

Stock Performances by Major Competitors

5 Days Decrease / Increase
     
APTV   -11.75%    
CAAS   -7.46%    
DAN   -6.83%    
OMTK   -6.83%    
EMR   -2.09%    
ETN   -1.23%    
• View Complete Report
   



Cooper Standard Holdings Inc

Impressive Turnaround and Growth Signal Positive Momentum for Cooper Standard Holdings Inc.

Cooper-Standard Holdings Inc. (NYSE: CPS) is off to a strong start in fiscal 2024, evident from its impressive performance in the first quarter. The company showcased its resilience by turning around its loss per share from $-7.57 a year prior to $-1.81 per share, hinting at positive momentum in its operations.
Not only did Cooper Standard improve its EPS, but it also demonstrated significant growth by boosting earnings from $-3.12 per share in the previous financial reporting period. This remarkable progress signifies the company's commitment to enhancing shareholder value and driving profitability.

Cooper Standard Holdings Inc

Cooper Standard Holdings Inc. Beats Expectations with Positive Revenue Growth Amid Industry Contractions

Cooper Standard Holdings Inc. (NYSE: CPS) recently reported its financial results for the fourth quarter of 2023, with a net loss per share of $-3.12 compared to $-5.10 in the same quarter a year prior. Despite the net loss, revenue for the quarter increased by 3.907% to $674.70 million, showing a positive trend in the company's performance.
This positive revenue growth comes at a time when the rest of the Auto & Truck Parts industry is experiencing a 2.50% contraction in top-line revenue. Cooper Standard Holdings Inc.'s ability to buck this trend and post revenue growth is an encouraging sign for investors.

Cooper Standard Holdings Inc

Cooper Standard Holdings Inc Achieves Remarkable Recovery, Reporting Impressive Revenue Growth of 12.029% in Q3 2023

Cooper Standard Holdings Inc (CPS) has reason to celebrate as it recently turned a corner and returned to profitability. During the interval of July to September 30, 2023, CPS posted an impressive EPS of $0.65 per share, a significant improvement from the negative EPS of $-1.90 per share reported in the same period the year before. Furthermore, net profit per share also turned positive, with a noteworthy increase from $-1.61 per share in the preceding reporting season.
The company's revenue also saw a substantial boost, with an impressive uptick of 12.029% to $735.53 million in comparison to $656.56 million in the corresponding reporting season a year ago. In addition, CPS's revenue sequentially advanced by 1.633% from $723.71 million. It's noteworthy to mention that CPS's revenue growth surpassed that of its competitors in the Auto & Truck Parts industry during the third quarter of 2023. Many other companies in the sector saw an average revenue growth of 5.78% compared to the third quarter of 2022, making CPS a standout performer.

Cooper Standard Holdings Inc

A Remarkable Surge: Cooper Standard Holdings Inc Witnesses Robust Double-Digit Growth in Profit Margins During the Fiscal Period Ending June 30, 2023



Cooper Standard Holdings Inc, a prominent player in the Auto & Truck Parts industry, has recently reported some positive financial figures, with a notable increase in revenue and a decrease in loss per share. However, a closer analysis reveals several concerning factors that suggest a bleak outlook for the company in the near future. This article will examine the financials, market performance, and industry trends to provide a comprehensive bearish perspective on Cooper Standard Holdings Inc.
1. Declining Loss Per Share, but Still at a Significant Loss:
While it is encouraging to see that Cooper Standard Holdings Inc managed to decrease its loss per share to $-1.61 from $-3.58 compared to the previous year, it is important to note that the company is still operating at a significant loss. In the competitive Auto & Truck Parts industry, where margins are already narrow, such losses are concerning and raise questions about the company's ability to achieve sustainable profitability.

Cooper Standard Holdings Inc

Cooper Standard Holdings Inc Reports Strong Revenue Growth in Q1 2023, But Profitability Falls Short

Cooper Standard Holdings Inc, a leading automotive and industrial supplier, has recently announced its financial results for the first quarter of 2023. Unfortunately, the news is not good for investors, as the company recorded a cumulative net loss of $-260 million, resulting in a negative return on assets (ROA) of -12.29%.
While this news is undoubtedly a disappointment,
it is important to note that within the Consumer Discretionary sector, 62 other companies had a higher return on assets, highlighting the highly competitive nature of the sector. Additionally, despite the negative ROA, CPS revenue did increase by 13.488% from the corresponding quarter a year before, reaching $682.46 million in the Mar 31 2023 report.
However, on the downside, CPS increased a shortfall per share at $-7.57 shortfall per share. This represents a decline from the previous quarter, where revenue advanced by just 3.851% from $657.15 million and advanced shortfall from $-1.90 per share.






 

Cooper Standard Holdings Inc's Segments
 
 
• View Complete Report
  Company Estimates  
  Revenue Outlook
Cooper Standard Holdings Inc does not provide revenue guidance.

Earnings Outlook
Cooper standard Holdings Inc does not provide earnings estimates.

 
Geographic Revenue Dispersion




Help

About us

Advertise

CSIMarket Company, Sector, Industry, Market Analysis, Stock Quotes, Earnings, Economy, News and Research. 
   Copyright © 2024 CSIMarket, Inc. All rights reserved. This site uses cookies to make your browsing experince better. By using this site, you agree to the Terms of Service and Privacy Policy - UPDATED (Read about our Privacy Policy)

Intraday data delayed per exchange requirements. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com