Last $30.39 USD
Change Today +0.10 / 0.33%
Volume 377.8K
CTB On Other Exchanges
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As of 8:04 PM 10/24/14 All times are local (Market data is delayed by at least 15 minutes).

cooper tire & rubber (CTB) Snapshot

Open
$30.28
Previous Close
$30.29
Day High
$30.57
Day Low
$30.19
52 Week High
07/22/14 - $31.34
52 Week Low
12/16/13 - $20.55
Market Cap
1.9B
Average Volume 10 Days
817.2K
EPS TTM
$1.75
Shares Outstanding
63.6M
EX-Date
08/28/14
P/E TM
17.4x
Dividend
$0.42
Dividend Yield
1.38%
Current Stock Chart for COOPER TIRE & RUBBER (CTB)

cooper tire & rubber (CTB) Related Businessweek News

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cooper tire & rubber (CTB) Details

Cooper Tire & Rubber Company, together with its subsidiaries, manufactures and markets replacement tires worldwide. It operates in two segments, North American Tire Operations and International Tire Operations. The North American Tire Operations segment offers passenger car and light truck tires, as well as distributes tires for racing, medium trucks, and motorcycles to independent tire dealers, wholesale distributors, regional and national retail tire chains, and other automotive product retail chains. This segment sells its products through three own retail stores. The International Tire Operations segment manufactures and markets passenger car, light truck, motorcycle, and racing tires and tire retread material. The company was founded in 1913 and is based in Findlay, Ohio.

13,280 Employees
Last Reported Date: 03/14/14
Founded in 1913

cooper tire & rubber (CTB) Top Compensated Officers

Chairman, Chief Executive Officer and Preside...
Total Annual Compensation: $1.0M
Chief Financial Officer, President of Interna...
Total Annual Compensation: $470.7K
Senior Vice President and President of Americ...
Total Annual Compensation: $414.8K
Chief Human Resources Officer and Senior Vice...
Total Annual Compensation: $389.7K
Executive Advisor to the Chief Executive Offi...
Total Annual Compensation: $400.9K
Compensation as of Fiscal Year 2013.

cooper tire & rubber (CTB) Key Developments

Cooper Tire & Rubber Co. Introduces New Discoverer SRX Luxury Sport Utility Tire

Cooper Tire & Rubber Co. Discoverer SRX, a new premium sport utility and crossover vehicle tire designed to provide dependable all-season highway traction, superior handling, and a quiet, comfortable ride for a wide range of CUVs and SUVs. The Discoverer SRX features Cooper's innovative Wear Square. First introduced on the company's CS5 Touring tire, the Wear Square is exclusive to Cooper and features a visual indicator that is part of the tread design, allowing drivers to quickly assess the approximate tread remaining on their tires. As the tire wears, the Wear Square transitions among five stages, beginning with a full square design on new tires and ending with an exclamation mark when the tread reaches 2/32s of an inch, the minimum tread depth permitted in most states. Located at six points of reference around the inside and outside of the tire, the Wear Square can also signal uneven tire wear and possible wheel alignment issues. Together with visual inspections and proper maintenance, the Wear Square will provide consumers more confidence on the road. The SRX also boasts a new generation silica tread compound, with increased road-gripping performance and reduced rolling resistance. This new tread compound, combined with patented Stabiledge(TM) technology and specially developed 3D Micro-Gauge sipes, delivers more road surface grip for increased traction in wet weather conditions and light snow, resulting in superior handling and improved stopping distances. Boosting snow-on-snow traction, this tire's new winter-edge feature creates a snow grip tread area to help drivers conquer the winter elements. Collectively, these elements complement each other to ensure a smooth and confident ride for everyday road trips. In addition to Cooper's premium 65,000-mile treadwear protection warranty, the Discoverer SRX is also backed by a 45-day road test guarantee. This all-season luxury tire is now available at Cooper Tire dealers nationwide in six SUV and CUV sizes, including five sizes new to Cooper's SUV highway product line-up and the sixth being the most popular size in the SUV market. An additional 30 sizes will be available in early 2015.

Cooper Tire & Rubber Introduces New Four-Season Discoverer X/T4 Tire

Cooper Tire & Rubber Company has introduced its new all-terrain, new four-season Discoverer X/T4 tire. The Discoverer X/T4 SUV/light truck offering combines a number of progressive features specifically designed for exceptional performance, handling and reliable tread wear while giving drivers the confidence of a winter tire. The Discoverer X/T4's aggressive five-rib all-terrain tread pattern and optimized silica tread compound work together to increase wet grip and winter traction capabilities without sacrificing tread wear, achieving the "severe snow" rating as indicated by the three-peak mountain snowflake symbol. In addition, full-length, full-depth micro-gauge corrugated siping and Snowgroove 2.0 technology provide multiple biting edges to generate higher snow-on-snow traction and ice traction to combat even the harshest winter conditions, leaving stopping shorter and more confidently in poor driving conditions. Stone ejector ribs that help resist stone drilling and twin tie-bars for added stability are strategically placed on the Discoverer X/T4 to support a longer tread life. This premium all-terrain, severe weather rated tire is available in 23 SUV and light truck sizes. All sizes come with an impressive tread wear protection warranty, up to 100,000 kilometers for SUVs and 85,000 kilometers for light trucks. The Discoverer X/T4 will be distributed exclusively in Canada by Cooper Tire dealers.

Cooper Tire & Rubber Launches New SUV/Light Truck Tire

Cooper Tire & Rubber Company has launched the new SUV/light truck tire, the Discoverer A/TW. The Cooper Discoverer A/TW provides a reliable all-terrain design with both off-road and on-road capabilities aggressive enough to achieve the "severe snow" rating via the 3-peak mountain snowflake symbol. Micro-gauge corrugated siping and Snowgroove 2.0 technology give numerous biting edges for fierce snow-on-snow traction and superior winter performance for geographies that experience harsh winter conditions. This premium all-terrain, severe weather rated tire will be available in 23 SUV and light truck sizes beginning September 2014. Additional sizes will be added in the spring of 2015. All sizes come with a tread wear protection warranty. The Discoverer A/TW will be distributed in Canada exclusively at Canadian Tire stores and is available in the US through Cooper's network of independent tire dealers.

 

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CTB Competitors

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Company Last Change
Hankook Tire Worldwide Co Ltd 20,850 KRW -150.00
Pirelli & C. SpA €10.45 EUR -0.20
Sumitomo Rubber Industries Ltd ¥1,442 JPY +7.00
Goodyear Tire & Rubber Co/The $20.81 USD -0.16
Yokohama Rubber Co Ltd/The ¥915.00 JPY +6.00
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Industry Analysis

CTB

Industry Average

Valuation CTB Industry Range
Price/Earnings 19.0x
Price/Sales 0.6x
Price/Book 1.8x
Price/Cash Flow 18.8x
TEV/Sales 0.3x
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