Last $30.83 USD
Change Today +0.46 / 1.51%
Volume 659.9K
CTB On Other Exchanges
Symbol
Exchange
New York
Frankfurt
As of 8:04 PM 08/29/14 All times are local (Market data is delayed by at least 15 minutes).

cooper tire & rubber (CTB) Snapshot

Open
$30.43
Previous Close
$30.37
Day High
$30.95
Day Low
$30.36
52 Week High
09/13/13 - $33.26
52 Week Low
12/16/13 - $20.55
Market Cap
2.0B
Average Volume 10 Days
654.2K
EPS TTM
$1.75
Shares Outstanding
63.6M
EX-Date
08/28/14
P/E TM
17.7x
Dividend
$0.42
Dividend Yield
1.36%
Current Stock Chart for COOPER TIRE & RUBBER (CTB)

cooper tire & rubber (CTB) Related Businessweek News

View More BusinessWeek News

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. Reaches an Option Agreement with Chengshan Group Company Ltd

Cooper Tire & Rubber Co. announced that it reached an option agreement with Chengshan Group Company Ltd. that affirms and provides additional details regarding the previously announced put and call process to resolve the future ownership of Cooper Chengshan (Shandong) Tire Company Ltd. or CCT, as contemplated by the January 29, 2014 agreement among the two companies and the CCT labor union. In addition, the new option agreement extends the option commencement deadline, which is the deadline for the independent valuation firm to deliver its fair market valuation of CCT, to August 24, 2014.

Cooper Tire & Rubber Co. to Invest $36 Million to Establish Global Technical Center at Facility in Findlay, Ohio; Announces Management Changes

Cooper Tire & Rubber Co. announced that it will be investing almost $36 million to establish a Global Technical Center at facility in Findlay, Ohio. This technical center will be the company's worldwide center for tire science technology, advanced technology and innovation, and expects the new center will accelerate research and development of advanced tire material technologies that can be incorporated into new products manufactured around the world. The company announced change of international segment management structure. Brad Hughes is now President of International operation. Brad replaces Hal Miller, who has moved into a new role of an executive adviser. And the company has begun a search for a new CFO to replace Brad in that function. Also, Chris Ostrander, his role has also expanded and he is now President of the Americas operation, as he's assumed market responsibility for Latin America in addition to North America. And Christine Hanneman will be handling the investor relations going forward.

Cooper Tire & Rubber Co. Reports Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2014; Provides Earnings Guidance for the Full Year of 2014

Cooper Tire & Rubber Co. reported unaudited consolidated earnings results for the second quarter and six months ended June 30, 2014. For the quarter, the company reported net sales of $888,685,000 compared to $884,126,000 a year ago. Operating profit was $76,589,000 compared to $69,166,000 a year ago. Income before income taxes was $70,544,000 compared to $61,242,000 a year ago. Net income was $44,758,000 compared to $41,600,000 a year ago. Net income attributable to the company was $38,182,000 compared to $35,486,000 a year ago. Diluted earnings per share were $0.59 compared to $0.55 a year ago. For the six months, the company reported net sales of $1,685,143,000 compared to $1,745,807,000 a year ago. Operating profit was $157,500,000 compared to $165,830,000 a year ago. Income before income taxes was $144,839,000 compared to $151,696,000 a year ago. Net income was $96,486,000 compared to $104,437,000 a year ago. Net income attributable to the company was $83,616,000 compared to $91,566,000 a year ago. Diluted earnings per share were $1.30 compared to $1.43 a year ago. Net cash provided by operating activities was $9,921,000 compared to net cash used in operating activities of $13,971,000 a year ago. Additions to property, plant and equipment and capitalized software were $76,132,000 compared to $93,077,000 a year ago. The company provided earnings guidance for the full year of 2014. For the period, the company expects capital expenditures to be between $175 million and $185 million. This estimate is up slightly from the previous estimate. The company expects its full year tax rate to be in a range of 30% to 35%.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
CTB:US $30.83 USD +0.46

CTB Competitors

Market data is delayed at least 15 minutes.

Company Last Change
Hankook Tire Worldwide Co Ltd 21,850 KRW -50.00
Pirelli & C. SpA €11.63 EUR +0.02
Sumitomo Rubber Industries Ltd ¥1,486 JPY +9.00
Goodyear Tire & Rubber Co/The $25.97 USD +0.20
Yokohama Rubber Co Ltd/The ¥924.00 JPY +1.00
View Industry Companies
 

Industry Analysis

CTB

Industry Average

Valuation CTB Industry Range
Price/Earnings 19.3x
Price/Sales 0.6x
Price/Book 1.9x
Price/Cash Flow 19.0x
TEV/Sales 0.3x
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact COOPER TIRE & RUBBER, please visit www.coopertire.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.