Added to YB: 2024-08-14
Pitch date: 2024-08-12
CPS [bullish]
Cooper-Standard Holdings Inc.
+162.74%
current return
Author Info
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Company Info
Cooper-Standard Holdings Inc., through its subsidiary, Cooper-Standard Automotive Inc., manufactures and sells sealing, fuel and brake delivery, and fluid transfer systems in the United States, Mexico, China, Poland, Canada, Germany, France, and internationally.
Market Cap
$240.0M
Pitch Price
$12.64
Price Target
N/A
Dividend
N/A
EV/EBITDA
5.46
P/E
-3.09
EV/Sales
0.46
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)