Viewing Company Cooper Tire & Rubber | StockChase
stockchase picture

Compiling comments that experts make about stocks while on public TV.

Cooper Tire & Rubber Stock Symbol: CTB-N

Last Price Recorded: $34.4000 on 2017-09-18

Globe 5 day average
Google Discussions (view only)
yahoo discussion
Bloomberg
Date Signal Expert Opinion Price
2017-09-12 COMMENT Cameron Hurst

This has an interesting trajectory right now. It’s been a very volatile stock. Their recent earnings were a beat. He has some pretty cautious perspectives on OEMs, but the parts have held in OK. The chart shows a lot of volatility, and that doesn’t check his box. It’s in a subsector that he is comfortable with, but the volatility is too much. There are safer places to be.


Price:
$35.300
Subject:
US EQUITIES
Bias:
BEARISH on CANADIAN MARKET
Owned:
Unknown
2017-05-02 TOP PICK Gordon Reid

(His theme today is economically sensitive stocks, and ones that have disappointed lately.) This has done well over the years. They are in the replacement tire business. Tire volumes are expected to grow 4% annually for the foreseeable future. Recent earnings were disappointing, but it was well understood that rubber prices had risen. When that happens, costs of goods rise and margins shrink. One shouldn’t take a quarterly view of that. This is trading at 9X earnings. Dividend yield of 1.1%. (Analysts’ price target is $48.)


Price:
$37.500
Subject:
US EQUITIES
Bias:
OPTIMISTIC
Owned:
Yes
2014-05-09 SELL Don Vialoux

Seasonally it does well mid-March until this time of each year.  There will be other opportunities.  Mid Oct until end of year is the next period.


Price:
$27.480
Subject:
TECHNICAL ANALYSIS & SEASONAL INVESTING
Bias:
CAUTIOUS
Owned:
Unknown
2014-04-23 DON'T BUY Lorne Steinberg

In the replacement tire business so are not selling tires to car manufacturers, but to garages, etc. They were involved for a while in a takeover bid that didn’t pan out. Not a great business really. Earnings should be fairly stable for the next couple of years, but there is not enough upside for him.


Price:
$25.430
Subject:
VALUE STOCKS & HIGH YIELD BONDS
Bias:
CAUTIOUS
Owned:
No
2014-01-29 PAST TOP PICK Gordon Reid

(A Top Pick Jan 10/13. Down 13.8%.) Had attempted to buy/merge with Apollo and that fell apart. This was an all cash deal, no regulatory issues. Still thinks this is a good company.


Price:
$22.400
Subject:
US EQUITIES
Bias:
OPTIMISTIC
Owned:
Yes
2014-01-14 BUY on WEAKNESS Brian Acker, CA

Close at $24.69 and he has a model price of $30.28, a 23% upside. He would wait for it to reach the $23 level. 1.7% yield. Likes the automotive space.


Price:
$24.910
Subject:
NORTH AMERICAN - LARGE
Bias:
BULLISH on US MARKET
Owned:
Unknown
2014-01-06 DON'T BUY Lorne Steinberg

Manufactures tires for the aftermarket business. An incredibly cyclical company. Not a brilliant company. A competitive company in a brutal business. You need to buy it when it is not doing well and wildly out of favour.


Price:
$25.180
Subject:
GLOBAL & VALUE
Bias:
SELECTIVE
Owned:
No
2013-10-21 HOLD Gordon Reid

A $35 offer came in from Apollo tire.  All cash. Both board approved it and there were no competition issues.  Some of the union negotiations that needed to be completed did not complete and they are in court.  If the deal comes to pass he will tender his stock otherwise he is happy to own it.  Thinks it is miss-priced here.  Their competition is up 30% and they aren’t. 


Price:
$24.710
Subject:
US EQUITIES
Bias:
SELECTIVE
Owned:
Yes
2013-03-13 BUY Gordon Reid

Primarily in the replacement tire business, as opposed to an original equipment manufacturer. They don’t have the debt levels or unfunded pension liabilities that Goodyear Tire (GT-Q) has. Good multiple at around 8-9 times. Expect they will earn about $3 a share this year. The worry would be that they are subject to raw material costs but currently rubber costs have come down. Good place to be.


Price:
$26.940
Subject:
US EQUITIES
Bias:
BULLISH
Owned:
Yes
2013-01-10 TOP PICK Gordon Reid

Mostly in the replacement tire business. As the American car gets older and older, that sort of plays into this company. Average US car is 11 years old. Input costs (rubber) have been falling over the last several months. Yield of 1.59%.


Price:
$26.400
Subject:
US EQUITIES
Bias:
UNKNOWN
Owned:
Yes
Showing 1 to 10 of 10 entries

No Comments.


You must be logged in to comment.