Added to YB: 2024-08-14
Pitch date: 2024-08-12
CPS [bullish]
Cooper-Standard Holdings Inc.
+121.6%
current return
Author Info
Framp Files shares stock pitches on his blog and Seeking Alpha. Sign up for the newsletter.
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
$12.64
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 – Business Improves, Macro Doesn’t
CPS: Auto supplier turnaround progressing - Moody's upgrade, Q2 margins up, market share gain despite industry decline. FCF negative due to $25M debt paydown. 2025 targets: 10% EBITDA margin, $270M EBITDA. Key risks: macro headwinds, high leverage. Success depends on avoiding bankruptcy, enhancing op leverage, awaiting higher auto production. Multibagger potential remains, but slower than planned.
Read full article (4 min)