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MarketBeat
Sat, May 9, 2026 astatine 5:06 PM CDT 7 min read
Key Points
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Interested successful Cooper-Standard Holdings Inc.? Here are 5 stocks we similar better.
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Cooper-Standard’s Q1 income roseate 2.9% to $686.4 million, with gross borderline improving to 12.0% contempt accumulation headwinds and inflation. Adjusted EBITDA fell to $51 cardinal chiefly due to the fact that past twelvemonth included astir $10 cardinal successful royalty payments that did not recur.
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The institution said it is well positioned to conscionable oregon transcend full-year targets, backed by $128 cardinal successful nett caller concern awards successful the archetypal 4th and ongoing outgo savings. Management remains assured successful its extremity to much than treble the Fluid Handling concern implicit the adjacent 5 to 7 years.
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Liquidity improved aft refinancing, with astir $286 cardinal disposable astatine quarter-end and yearly currency involvement expected to driblet by astir $6 million. The refinancing besides extended enactment maturities to 2031, giving the institution much fiscal flexibility.
Cooper-Standard (NYSE:CPS) reported higher first-quarter income and improved gross margin, portion absorption said the car supplier remains connected way to conscionable oregon transcend its full-year targets contempt accumulation headwinds, inflationary pressures and broader geopolitical uncertainty.
Chairman and Chief Executive Officer Jeff Edwards said the institution began 2026 with operational show accordant with 2025, including 99% greenish lawsuit scorecards for prime and work and 97% greenish scorecards for caller programme launches. He besides highlighted information performance, saying Cooper-Standard recorded a full incidental complaint of 0.18 reportable incidents per 200,000 hours worked during the quarter, beneath what the institution described arsenic a world-class benchmark of 0.35.
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“Our works managers and our works employees continued to present outstanding show and worth for our customers done their dedication and committedness to excellence,” Edwards said.
Sales Rise, While Adjusted EBITDA Declines connected Royalty Comparison
Executive Vice President and Chief Financial Officer John Banas said first-quarter 2026 income were $686.4 million, up 2.9% from the archetypal 4th of 2025. The summation was driven chiefly by favorable overseas exchange, partially offset by unfavorable measurement and premix nett of lawsuit recoveries.
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Gross borderline improved 40 ground points from the prior-year play to 12.0% of sales. Banas called the borderline betterment “a beardown result” fixed accumulation measurement headwinds connected definite cardinal platforms successful North America.
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