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.
Company profile
Ticker
CPS
Exchange
Website
CEO
Jeffrey Edwards
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Icahn Enterprises • Magna International • Aptiv • Adient • Lear • Autoliv • BorgWarner • Visteon • Dana • Allison Transmission ...
Former names
CSA Acquisition Corp.
SEC CIK
Corporate docs
Subsidiaries
Cooper-Standard Automotive (Australia) Pty. Ltd. • CSA (Barbados) Investment Co. Ltd. • Cooper-Standard Automotive Brasil Sealing Ltda. • Itatiaia Standard Industrial Ltda. • Cooper-Standard Automotive Canada Limited • Cooper (Wuhu) Automotive Co., Ltd. • Cooper Standard (Shandong) Automotive Parts Co., Ltd. • Cooper Standard Automotive (Kunshan) Co., Ltd. • Cooper Standard Automotive (Suzhou) Co., Ltd. • Cooper Standard Chongqing Automotive Co., Ltd. ...
IRS number
201945088
CPS stock data
Latest filings (excl ownership)
8-K/A
Submission of Matters to a Vote of Security Holders
19 Sep 23
10-Q
2023 Q2
Quarterly report
4 Aug 23
8-K
Strong Sales Growth and Continuing Margin Improvement Highlight
4 Aug 23
8-K
Departure of Directors or Certain Officers
24 May 23
S-8
Registration of securities for employees
18 May 23
10-Q
2023 Q1
Quarterly report
4 May 23
8-K
Year-over-year Sales Growth and Gross Profit Improvement Highlight
4 May 23
SD
Conflict minerals disclosure
26 Apr 23
DEFA14A
Additional proxy soliciting materials
6 Apr 23
DEF 14A
Definitive proxy
6 Apr 23
Transcripts
CPS
Earnings call transcript
2023 Q2
4 Aug 23
CPS
Earnings call transcript
2022 Q4
16 Feb 23
CPS
Earnings call transcript
2022 Q3
5 Nov 22
CPS
Earnings call transcript
2022 Q2
6 Aug 22
CPS
Earnings call transcript
2022 Q1
13 May 22
CPS
Earnings call transcript
2021 Q4
18 Feb 22
CPS
Earnings call transcript
2021 Q3
6 Nov 21
CPS
Earnings call transcript
2021 Q2
8 Aug 21
CPS
Earnings call transcript
2021 Q1
9 May 21
CPS
Earnings call transcript
2020 Q4
18 Feb 21
Latest ownership filings
4
MaryAnn Peterson Kanary
9 Aug 23
3
MaryAnn Peterson Kanary
9 Aug 23
4
Amy B. Kulikowski
12 Jul 23
4
Richard Joseph Freeland
19 May 23
4
Christine M Moore
19 May 23
4
David John Mastrocola
19 May 23
4
John G. Boss
19 May 23
4
OSS STEPHEN A VAN
19 May 23
4
Flores Adriana E. Macouzet
19 May 23
4
ROBERT J REMENAR
19 May 23
Financial summary
| Quarter (USD) | Jun 23 | Mar 23 | Dec 22 | Sep 22 | |
|---|---|---|---|---|---|
| Revenue | |||||
| Cost of revenue | |||||
| Operating income | |||||
| Operating margin | |||||
| Net income | |||||
| Net profit margin | |||||
| Cash on hand | |||||
| Change in cash | |||||
| Diluted EPS |
| Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
|---|---|---|---|---|---|
| Revenue | |||||
| Cost of revenue | |||||
| Operating income | |||||
| Operating margin | |||||
| Net income | |||||
| Net profit margin | |||||
| Cash on hand | |||||
| Change in cash | |||||
| Diluted EPS |
| Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
|---|---|---|---|---|---|---|
| Cash on hand (at last report) | 81.23 mm | 81.23 mm | 81.23 mm | 81.23 mm | 81.23 mm | 81.23 mm |
| Cash burn (monthly) | 11.47 mm | 15.09 mm | 7.89 mm | 21.80 mm | 4.41 mm | 1.56 mm |
| Cash used (since last report) | 36.35 mm | 47.82 mm | 24.99 mm | 69.09 mm | 13.97 mm | 4.96 mm |
| Cash remaining | 44.88 mm | 33.41 mm | 56.24 mm | 12.14 mm | 67.26 mm | 76.28 mm |
| Runway (months of cash) | 3.9 | 2.2 | 7.1 | 0.6 | 15.3 | 48.8 |
Institutional ownership, Q2 2023
72.4% owned by funds/institutions
| 13F holders | Current |
|---|---|
| Total holders | 70 |
| Opened positions | 22 |
| Closed positions | 15 |
| Increased positions | 26 |
| Reduced positions | 18 |
| 13F shares | Current |
|---|---|
| Total value | 153.29 bn |
| Total shares | 12.46 mm |
| Total puts | 199.20 k |
| Total calls | 185.90 k |
| Total put/call ratio | 1.1 |
| Largest owners | Shares | Value |
|---|---|---|
| Thrivent Financial For Lutherans | 3.28 mm | $46.82 bn |
| Charles Schwab Investment Management | 1.16 mm | $16.61 bn |
| Millstreet Capital Management | 931.97 k | $0.00 |
| Vanguard | 824.72 k | $11.76 bn |
| BLK Blackrock | 803.01 k | $11.45 bn |
| Dimensional Fund Advisors | 564.20 k | $8.05 bn |
| Acadian Asset Management | 510.58 k | $7.28 mm |
| Pacific Ridge Capital Partners | 488.13 k | $6.96 bn |
| IVZ Invesco | 362.42 k | $5.17 bn |
| Millennium Management | 355.37 k | $5.07 bn |
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 7 Aug 23 | MaryAnn Peterson Kanary | RSU Common stock | Grant | Acquire A | No | No | 0 | 10,856 | 0.00 | 10,856 |
| 11 Jul 23 | Amy B. Kulikowski | Common stock | Payment of exercise | Dispose F | No | No | 14.21 | 368 | 5.23 k | 926 |
| 11 Jul 23 | Amy B. Kulikowski | Common stock | Option exercise | Acquire M | No | No | 0 | 1,294 | 0.00 | 1,294 |
| 11 Jul 23 | Amy B. Kulikowski | RSU Common stock | Option exercise | Dispose M | No | No | 0 | 1,294 | 0.00 | 2,590 |
| 18 May 23 | Sidlik Thomas W | RSU Common stock | Grant | Acquire A | No | No | 0 | 10,092 | 0.00 | 10,092 |
| 18 May 23 | Sepahban Sonya F. | RSU Common stock | Grant | Acquire A | No | No | 0 | 10,092 | 0.00 | 10,092 |
News
12 Consumer Discretionary Stocks Moving In Wednesday's Pre-Market Session
9 Aug 23
12 Consumer Discretionary Stocks Moving In Tuesday's Intraday Session
8 Aug 23
12 Consumer Discretionary Stocks Moving In Thursday's After-Market Session
3 Aug 23
Cooper-Standard Holdings Q2 EPS $(1.15) Beats $(1.86) Estimate, Sales $723.74M Beat $702.50M Estimate
3 Aug 23
Earnings Scheduled For August 3, 2023
3 Aug 23
Press releases
Cooper Standard Aguascalientes, Mexico Facility Wins IndustryWeek Best Plants Award
31 Aug 23
Cooper Standard Appoints Kanary to Senior Vice President, Chief Legal Officer and Secretary
7 Aug 23
Strong Sales Growth and Continuing Margin Improvement Highlight Cooper Standard's Second Quarter 2023 Results
3 Aug 23
Cooper Standard to Present at the 2023 J.P. Morgan Auto Conference
2 Aug 23
Cooper Standard Announces Date for Release of Second Quarter 2023 Results, Provides Details for Management Conference Call
20 Jul 23