Added to YB: 2024-09-23
Pitch date: 2024-09-23
CPS [bullish]
Cooper-Standard Holdings Inc.
+108.41%
current return
Author Info
No bio for this author
Company Info
Cooper-Standard Holdings Inc., through its subsidiary, manufactures sealing systems and fluid handling systems in the North America, Europe, the Asia Pacific, and the South America.
Market Cap
$476.9M
Pitch Price
$13.44
Price Target
N/A
Dividend
N/A
EV/EBITDA
6.52
P/E
-12.34
EV/Sales
0.58
Sector
Automobile Components
Category
turnaround
Cooper-Standard Holdings ($CPS)
CPS: Auto parts maker w/ high op leverage. Expect 10% EBITDA margins & double-digit ROIC by 2025. Trading at ~3x 2026 EBITDA. Pent-up demand due to aging fleet. Risk: high leverage. Moody's upgrade, margins improving. Bull case: production volumes rising, cheaper vehicles, rate cuts. Q2 earnings preview positive.