Cooper Tire & Rubber Company

  • Investors Should Avoid These Tire Stocks

    By Michael Hooper - August 16, 2013 | Tickers: CTB, GT

    Tire manufacturing is a tough business. Tire companies must be careful to keep production costs down in order to turn a profit. Expenses for labor, raw materials and upkeep of legacy plants are huge. Net margins are thin.

    India tire manufacturer Apollo Tyres will receive access to the U.S. tire market in the acquisition of Cooper Tire & Rubber Co. (NYSE: CTB), a merger expected to close by year end more »

  • Undervalued Auto Industry Stocks

    By Chris Johnson - August 2, 2013 | Tickers: AAP, CTB, GM

    Note: Due to an impending merger, we have removed Cooper Tire from this article. Motley Fool apologizes for its initial inclusion.

    The auto industry has been hit very hard over the last few years, and most investors have turned away from the once-booming sector.  As a result, there is value to be found in the auto industry and money to be made. Additionally, with the city of Detroit claiming bankruptcy more »

  • Should You Follow India Into the Tire Biz?

    By Robert Hanley - August 1, 2013 | Tickers: CTB, GM, GT

    In June 2012, India-based tiremaker Apollo Tyres made a bid to join the industry’s upper echelon, offering to acquire Cooper Tire & Rubber (NYSE: CTB) for $35 per share in cash or roughly $2.5 billion.  The combination would make Apollo the world’s sixth largest tiremaker and add a strong presence in the U.S.  While the original equipment tire segment is controlled by giants like Goodyear (NASDAQ: GTmore »)

  • Invest Like Ken Fisher With These 3 Stocks

    By Adem Tahiri - July 31, 2013 | Tickers: CTB, F, MTW, NOV, GT

    Ken Fisher is a famed investor, and the son of investing icon Philip Fisher. Through his best selling book Super Stocks and his track record at his firm, Fisher Investments, Fisher has established himself as a growth stock authority.

    In his aforementioned book Super Stocks, Mr. Fisher introduced the investing world to a new valuation metric, the price-to-sales ratio. Since the days of Ben Graham investors had happily measured price more »

  • The Synergies in the Apollo-Cooper Deal

    By Saurabh Mishra - July 29, 2013 | Tickers: BRDCY, CTB, MGDDY.PK, GT

    That investors punished Apollo after the announced acquisition of Cooper (NYSE: CTB) for $2.5 billion in cash is not new in financial markets. In most acquisitions, the shareholders of the target firm walk away with great benefits and the markets punish the acquirer stating, 'Did you pay too much?'

    The graph below demonstrates the stock price movements of both the companies before and after announcement of the acquisition deal more »

  • Cooper Tire & Rubber: Receives A Buy-Out Bid From Apollo

    By Neha Gupta - July 13, 2013 | Tickers: CTB

    Cooper Tire & Rubber (CTB) engages in manufacturing and marketing of tires and other related goods. The company is headquartered in Findlay, Ohio. It has more than 60 manufacturing, sales, distribution, technical and design facilities spanned across 11 countries world over. It is the 9th largest tire company in the world.

    The company operates through business segments; namely, North American Tire Operations, which accounted for 66% of the total net sales more »

  • Did Cooper Tire & Rubber Get a Good Buyout Offering Price?

    By Anh HOANG - June 28, 2013 | Tickers: BRDCY, CTB, GT

    Recently, Cooper Tire & Rubber (NYSE: CTB) received a buyout offer from an Indian high-performance tire manufacturer, Apollo Tyres. Apollo would like to acquire Cooper Tire & Rubber at around $35 per share, which is 40% higher than the company’s 30-day volume-weighted average price. The total transaction is worth around $2.5 billion. However, a company’s shareholder has commented that an offer of $35 per share was too low. Let more »

  • Shakedown in the Tire Industry

    By Vanina Egea - June 19, 2013 | Tickers: CTB, GT, TWI

    The latest news regarding Indian company Apollo Tyres acquiring Cooper Tire and Rubber (NYSE: CTB), one of the largest US tire producers, has been a surprise for all of us. At $2.5 billion, it is one of the biggest acquisitions involving an Indian acquirer and a US target. The combined entity will be a major worldwide player, and Cooper will help Apollo to get into the European and US more »

  • Apollo Tyres Bought Cooper: Will the Tire Industry Grow Again?

    By Louie Grint - June 18, 2013 | Tickers: CTB, GT, TWI

    The very recent acquisition of Cooper Tire & Rubber (NYSE: CTB) by Apollo Tyres of India is proof that that the tire sector is gaining dynamism after being hit by the long recession in the automobile industry.

    With the exception of Europe, increasing auto sales around the world are starting to drive profits for tire companies again. However, not every company will profit as much as its peers from this incipient more »

  • Are Tire Makers in for a Big Deflation?

    By Howard Rothman - June 6, 2013 | Tickers: CTB, GT

    The past 12 months have been pretty good for the tire market and for those who had invested in it. Shares of passenger and light truck tire makers like Goodyear (NASDAQ: GT) Bridgestone, Michelin, Cooper (NYSE: CTB), Continental, and General are all up around 50% to 75% over last year at this time.

    The boom is largely a result of increased auto sales around the world — with the notable exception more »

  • Is There More Steam Left in Rubber Companies?

    By Jacob Wolinsky - May 31, 2013 | Tickers: CTB, GT, TWI

    Declining rubber prices this year have helped consumers of the commodity in a big way. Tire producers such as Cooper Tire & Rubber (NYSE: CTB), The Goodyear Tire & Rubber (NASDAQ: GT), and Titan International (NYSE: TWI) have benefited from the trend so far, but it remains to be seen if the rally can be sustained.

    Earlier this month, Cooper Tire reported what could be called a disappointing quarterly report in a more »

  • Cooper's Tires - Rolling On...

    By andrew wyles - May 30, 2013 | Tickers: CTB


    Coopers are an established higher end tyre manufacturer with strong niche brands particularly in specialty and commercial applications. The business has mature US operations and has investments in both Chinese and European operations.

    Trading on a low trailing free cash flow (approx. 6.6x on 2012F) multiples along with reasonable debt levels ( 1.7x 2012 earnings – although cash nets off approx.. 2/3’s of the liability) the business more »

  • A Good Year for This Stock?

    By Marshall Hargrave - May 28, 2013 | Tickers: CTB, F, GM, GT

    Goodyear Tire & Rubber (NASDAQ: GT) is poised to have a great year. Goodyear saw its stock jump some 16% over the last month, and I believe there is still room for the stock to move higher.  

    Higher demand for tires should be driven by an improving U.S. and global economy, which will promote an increase in miles driven and only further add to the pent-up demand for replacement parts more »
  • This Undervalued Tire Company Is Smoking Estimates

    By Daniel James - May 6, 2013 | Tickers: BRDCY, CTB, GT

    The recovery in the US auto market is a fact, as evidenced by a significant increase in sales. One way to play this recovery is buying stocks of automakers. However, several commentators have pointed to the possibilities inherent in auto parts manufacturers, which often provide strong growth at attractive valuations. This often neglected industry may prove to be an enticing alternative to traditional car manufacturers. One company, Cooper Tire & Rubber more »

  • A Safer Way to Play the Automobile Recovery

    By Piyush Arora - April 5, 2013 | Tickers: CTB, F, GM

    According to recent economic data, sales of automobiles have risen more than 10% annually since 2010, and J.D. Power forecasts double-digit growth for FY13 as well. Furthermore, sales of light vehicle have risen 8.4% in the first two months of 2013, and automakers are looking to ramp up their production in the U.S.

    This certainly presents a bullish case for companies like General Motors (NYSE: GM) and more »

  • Is This Tire Company One Of The Last Bargains In This Market?

    By Matthew Frankel - April 3, 2013 | Tickers: AZO, CTB, GT

    Goodyear Tire & Rubber Co (NASDAQ: GT), the largest U.S. tire manufacturer, has a leading market share not only in North America, but in Latin America, China, and India as well. Although sales dropped following the financial (and automaker) crisis of about five years ago, the company has grown its revenues to higher levels than they had ever been. Despite this, shares are trading for under $13 per share, a more »

  • A Safer Way to Play the Automobile Recovery

    By Piyush Arora - April 2, 2013 | Tickers: CTB, F, GT, TM

    According to recent economic data, sales of automobiles have risen by more than 10% annually since 2010, and JD power estimates double digit growth rate for FY13 as well. Furthermore, light vehicle sales have risen by 8.4% in the first two months of 2013 and automakers are looking to ramp up their production in the US. This certainly presents a bullish case for companies like General Motor (NYSE: TMmore »)

  • Three Future Winners You Should Look At

    By Rupert Hargreaves - March 10, 2013 | Tickers: CTB, CYBX, SONC

    It can be hard to pick future winners. In fact, it is almost impossible to consistently pick small cap stocks that are destined for greatness. However, based on vigorous screening criteria, I have picked three stocks that I believe are destined for greatness, based on their current financial information.

    I have been searching for future winning equities based on the following criteria:

    1. Small market cap. – greater than $300 million but more »
  • When the Rubber Hits the Road, Which U.S. Tire Stock Wins?

    By Meena Krishnamsetty - January 28, 2013 | Tickers: CTB, F, GM, GT, TM

    Auto sales reported in last week's retail sales figures showed higher vehicle sales in 2012 compared to 2011, with Ford (NYSE: F) and General Motors (NYSE: GM) taking the lead in the U.S. market while Toyota (NYSE: TM) nearly tied Ford in domestic sales. The industry as a whole saw sales of about 14.4 million units, which was 13% higher than 2011 sales (Look at which auto more »

  • An Indirect Way To Play The Automarket

    By Rupert Hargreaves - January 28, 2013 | Tickers: KMX, CTB, MGDDF, GT

    The economic recovery is under way across the US and China is also starting to recover.

    I believe one of the best ways to play the recovery is through the demand for new cars which is already starting to pick up. However, in my opinion the auto stocks such as Ford and GM are too risky, with much more cyclical exposure than I would like. The alternative to auto manufactures more »

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