Mixed Analyst Attention: Cooper Tire & Rubber Company (NYSE:CTB), Fortress Transportation and Infrastructure Investors LLC (NYSE:FTAI)

The shares of Cooper Tire & Rubber Company (NYSE:CTB) has been pegged with a rating of Neutral by Northcoast in its latest research note that was published on October 29, 2019. Northcoast wasn’t the only research firm that published a report of Cooper Tire & Rubber Company, with other equities research analysts also giving their opinion on the stock. The stock had earned Underperform rating from Wolfe Research Markets when it published its report on October 02, 2018. Longbow was of a view that CTB is Buy in its latest report on January 31, 2018. Northcoast thinks that CTB is worth Buy rating.

Amongst the analysts that rated the stock, 0 have recommended investors to sell it, 3 believe it has the potential for further growth, thus rating it as Hold while 3 advised investors to purchase the stock. The consensus currently stands at a Overweight while its average price target is $34.25. The price of the stock the last time has raised by 35.96% from its 52-Week high price while it is -43.65% than its 52-Week low price. A look at the stock’s other technical shows that its 14-day RSI now stands at 41.75.

The shares of the company added by 7.80% during the trading session on Wednesday, reaching a low of $15.73 while ending the day at $18.79. During the trading session, a total of 822163.0 shares were traded which represents a -118.54% decline from the average session volume which is 376200.0 shares. CTB had ended its last session trading at $17.43. Cooper Tire & Rubber Company debt-to-equity ratio currently stands at 0.26, while its quick ratio hovers at 1.60 CTB 52-week low price stands at $13.82 while its 52-week high price is $33.35.

The company in its last quarterly report recorded $1.02 earnings per share which is above the predicted by most analysts. The Cooper Tire & Rubber Company generated 391.33 million in revenue during the last quarter. In the second quarter last year, the firm recorded $0.58 earnings per share. Compared to the same quarter last year, the firm’s revenue was up by 78.43%. Cooper Tire & Rubber Company has the potential to record 2.33 EPS for the current fiscal year, according to equities analysts.

Investment analysts at BTIG Research published a research note on December 02, 2019 where it informed investors and clients that Fortress Transportation and Infrastructure Investors LLC (NYSE:FTAI) is now rated as Buy. Stifel also rated FTAI as Initiated on November 26, 2019, with its price target of $22 suggesting that FTAI could surge by 63.44% from its current share price. Even though the stock has been trading at $7.19/share, analysts expect it to surge by 12.38% to reach $22.10/share. It started the day trading at $8.6514 and traded between $6.39 and $8.08 throughout the trading session.

A look at its technical shows that FTAI’s 50-day SMA is 16.76 while its 200-day SMA stands at 16.36. The stock has a high of $21.73 for the year while the low is $3.69. The stock, however, witnessed a rise in its short on 03/13/20. Compared to previous close which recorded 425453.73 shorted shares, the short percentage went lower by -10.41%, as 381,164 CTB shares were shorted. The company’s P/E ratio currently sits at 4.63, while the P/B ratio is 0.53. The company’s average trading volume currently stands at 586.18K shares, which means that the short-interest ratio is just 0.73 days. Over the past seven days, the company moved, with its shift of 42.50%. Looking further, the stock has dropped -59.40% over the past 90 days while it lost -48.96% over the last six months.

Following these latest developments, around 0.60% of Fortress Transportation and Infrastructure Investors LLC stocks are owned by institutional investors and hedge funds.