Stock Update on Earnings & Estimates for Cooper Tire & Rubber Company (NYSE:CTB)

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The Goodyear Tire & Rubber Company GT is one of the world's largest tire manufacturing companies, selling under Goodyear, Kelly, Dunlop, Fulda, Debica, Sava and various other brands.

Analysts expect Immune Design Corp (NASDAQ:IMDZ) to report $-0.62 EPS on May, 9.They anticipate $0.01 EPS change or 1.64% from last quarter's $-0.61 EPS. Moreover, Blackrock Institutional Na has 0.03% invested in Goodyear Tire & Rubber Co (NASDAQ:GT) for 7.45 million shares. Goodyear Tire & Rubber Co's revenue was up.2% compared to the same quarter previous year. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 74 cents per share.

International Tire Operations reported a 37.5% rise in revenues to $142 million, mainly due to higher unit volume as well as favorable price and mix, partially offset by a negative foreign currency impact.

Shares added 55 cents to $36 in Friday morning trading. The biggest holder now is Roy V. Armes who owns 302,046 shares (0.57% of those outstanding), whilst Mr. Bradley E. Hughes holds 194,620 (0.37% of shares outstanding) and Brenda S. Harmon holds 78,666 (0.15% of shares outstanding). Goodyear Tire & Rubber Co had a return on equity of 23.51% and a net margin of 8.34%. The ex-dividend date is Thursday, April 27th.

"We feel very good about the performance of commercial truck during the quarter and its potential in the second half of the year", Chief Financial Officer Laura Thompson said on the earnings call.

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The tire maker posted revenue of $3.7 billion in the period, which also beat Street forecasts. It has been assigned a low target price of $17 and a high target price of $25. This scale runs from 1 to 5 where 1 represents Strong Buy and 5 represents Sell. Janney Montgomery Scott LLC raised its stake in Goodyear Tire & Rubber Co by 26.6% in the first quarter. Goodyear Tire & Rubber Co's dividend payout ratio is 8.40%. The Company specializes in the design, manufacture, marketing and sales of passenger auto, light truck, medium truck, motorcycle, and racing tires. The stock has a consensus rating of "Hold" and a consensus price target of $34.94. Deutsche Bank maintained Cooper Tire & Rubber Co (NYSE:CTB) on Friday, August 7 with "Hold" rating. Marcato Capital Management Lp sold 550,000 shares as Goodyear Tire & Rubr Co (GT)'s stock rose 24.71%. Eaton Vance Management now owns 3,915,368 shares of the company's stock worth $126,466,000 after buying an additional 1,641,819 shares during the period. The transaction was disclosed in a filing with the SEC, which is available at the SEC website.

On 3/3/2016 Roy V Armes, CEO, sold 50,000 with an average share price of $39.39 per share and the total transaction amounting to $1,969,500.00.

Goodyear Tire & Rubber Co (NASDAQ:GT) last posted its earnings results on Wednesday, February 8th. The P/E Ratio measures its current share price relative to its per-share earnings. BlackRock Fund Advisors increased its position in shares of Cooper Tire & Rubber Co by 7.9% in the third quarter. Cooper Tire & Rubber Co has a 12-month low of $29.29 and a 12-month high of $44.50. In general, companies with the lowest combined rank may be the higher quality picks. Zacks Investment Research upgraded Cooper Tire & Rubber Co from a "hold" rating to a "buy" rating and set a $49.00 target price for the company in a research report on Tuesday. The Company operates through four segments: North America, Latin America, Europe, and Asia.

Goodyear Tire & Rubber Co (NASDAQ:GT) last released its earnings results on Wednesday, February 8th. They now have a United States dollars 51 price target on the stock. Replacement tire shipments were down 2 percent, according to Goodyear.