Cooper-Standard Holdings: Cheap Valuation And Tailwinds Make It Attractive
CPSCooper Standard(CPS) Seeking Alpha·2024-02-23 02:50
igoriss On Friday, the share price of (NYSE:CPS) fell around 26% due to missed market expectations. It is down 24% since my last report. I was bullish on CPS, and I still am bullish on it. I think the fall could be a good opportunity, and I will discuss the reasons behind me saying this. I stay with my buy rating. Financial Analysis It recently posted its Q4 FY23 & FY23 results. The sales for Q4 FY23 were $673.6 million, a rise of 3.7% compared to Q4 FY22. Strong sales growth in South America and Europe ...