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Cooper-Standard Automotive Inc. - $CPS STOCK NEWS

Welcome to our dedicated page for Cooper-Standard Automotive news (Ticker: $CPS), a resource for investors and traders seeking the latest updates and insights on Cooper-Standard Automotive stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Cooper-Standard Automotive's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Cooper-Standard Automotive's position in the market.

Rhea-AI Summary
Cooper-Standard Holdings Inc. reported its Q3 2023 results, with sales increasing by 12.0% to $736.0 million compared to Q3 2022. Gross profit also increased by 176.3% to $106.5 million, and net income improved by $44.0 million to $11.4 million. Adjusted EBITDA increased by $58.6 million to $79.1 million.
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Rhea-AI Sentiment
End-of-Day
43.83%
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Rhea-AI Summary
Cooper-Standard Holdings Inc. to release Q3 2023 financial results on Nov. 2
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-5.23%
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Rhea-AI Summary
Cooper Standard recognized by Nissan for sustainable business practices
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8.18%
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Rhea-AI Summary
Cooper Standard's mixing facility in Aguascalientes, Mexico has been named a 2023 IndustryWeek Best Plant Winner. The facility has demonstrated operational excellence, customer service, and employee engagement. It has contributed to increased sales, improved quality, and inventory control for Cooper Standard.
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Rhea-AI Sentiment
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-2.16%
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2.72%
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management
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Rhea-AI Summary
Cooper-Standard Holdings Inc. reports Q2 2023 results with sales of $723.7M (+19.4% YoY), gross profit of $77.7M (+405.4% YoY), net loss of $27.8M (improved by $5.4M YoY), and adjusted EBITDA of $47.9M (+$58.3M YoY). Net new business awards of $84.9M, including $36.4M for new EV programs. CEO expects positive trends and margin expansion to continue in H2 2023.
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Rhea-AI Sentiment
End-of-Day
17.23%
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Rhea-AI Summary
Cooper Standard (CPS) to Participate in J.P. Morgan 2023 Auto Conference, Chairman and CEO to Discuss Business Strategies
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-2.42%
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Rhea-AI Summary
Cooper-Standard Holdings Inc. (NYSE: CPS) completes sale of Technical Rubber business to Holcim, a Switzerland-based company. The sale, finalized on July 31, 2023, involves versatile sheeting, compounding, and flooring solutions. Holcim will continue CSTR's business activities under the new name of Holcim Technical Solutions & Products GmbH, aiming to leverage the expertise of the Technical Rubber team for future success.
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-0.37%
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-0.73%
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-1.15%
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Cooper-Standard Automotive Inc.

NYSE:CPS

CPS Rankings

CPS Stock Data

279.24M
15.70M
3.21%
70.69%
5.55%
Motor Vehicle Gasoline Engine and Engine Parts Manufacturing
Manufacturing
Link
United States of America
NORTHVILLE

About CPS

at cooper standard, we have an unwavering commitment to our strategic vision for driving value through culture, innovation and results. we know what we do well and we focus intently on doing it better than anyone else. we’ve created a precise blueprint for product development, design and manufacturing. we have standardized practices across the organization to ensure safety, quality, reliability and sustained excellence – year-after-year – in every area of the business. a firm commitment to process and healthy competition means we never veer from advancing our top priorities: a relentless focus on the voice of the customer; superior products and innovation; a highly engaged workforce; and world-class global operations.