CPS Stock Summary and Trading Ideas (Cooper-Standard Holdings | NYSE:CPS)

Cooper-Standard Holdings Inc is a supplier of rubber and resin products for the automotive industry. The company produces rubber and plastic sealings, fuel and brake lines, fluid transfer hoses, and anti-vibration systems used by original equipment manufacturers and replacement markets for passenger vehicles and light trucks. The largest customers include Ford, GM, FCA, Peugeot Citroen, and Volkswagen. Cooper Standard generates the majority of its revenue with its sealing systems products such as Fortrex, dynamic and static seals, stainless steel trims, flush glass systems, and variable extrusions.

Cooper-Standard Holdings trades on the NYSE stock market under the symbol CPS.

As of April 19, 2024, CPS stock price climbed to $15.47 with 34,979 million shares trading.

CPS has a beta of 3.09, meaning it tends to be more sensitive to market movements. CPS has a correlation of 0.23 to the broad based SPY ETF.

CPS has a market cap of $266.05 million. This is considered a Small Cap stock.

Last quarter Cooper-Standard Holdings reported $674 million in Revenue and -$1.79 earnings per share. This fell short of revenue expectation by $-19 million and missed earnings estimates by -$1.00.

In the last 3 years, CPS stock traded as high as $36.40 and as low as $3.53.

The top ETF exchange traded funds that CPS belongs to (by Net Assets): VTI, FNDA, IWM, VXF, IWN.

CPS has outperformed the market in the last year with a price return of +26.0% while the SPY ETF gained +20.9%. However, in the short term, CPS had mixed performance relative to the market. It has underperformed in the last 3 months, returning -6.6% vs +4.0% return in SPY. But in the last 2 weeks, CPS shares have fared better than the market returning -2.4% compared to SPY -3.7%.

CPS support price is $14.66 and resistance is $15.96 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that CPS stock will trade within this expected range on the day.