Cooper Companies (NASDAQ:COO) Issues FY 2025 Earnings Guidance

Cooper Companies (NASDAQ:COO - Get Free Report) issued an update on its FY 2025 earnings guidance on Thursday morning. The company provided earnings per share guidance of 3.940-4.020 for the period, compared to the consensus earnings per share estimate of 3.980. The company issued revenue guidance of $4.1 billion-$4.2 billion, compared to the consensus revenue estimate of $4.1 billion.

Cooper Companies Trading Down 4.7 %

Cooper Companies stock traded down $3.97 during midday trading on Monday, hitting $81.03. 1,597,831 shares of the stock were exchanged, compared to its average volume of 1,631,372. The company has a current ratio of 1.91, a quick ratio of 1.12 and a debt-to-equity ratio of 0.32. The stock has a market capitalization of $16.17 billion, a price-to-earnings ratio of 41.54, a PEG ratio of 2.25 and a beta of 1.02. The stock's 50-day simple moving average is $92.38 and its 200 day simple moving average is $99.44. Cooper Companies has a fifty-two week low of $81.38 and a fifty-two week high of $112.38.

Cooper Companies (NASDAQ:COO - Get Free Report) last posted its earnings results on Thursday, March 6th. The medical device company reported $0.92 EPS for the quarter, meeting analysts' consensus estimates of $0.92. The company had revenue of $964.70 million for the quarter, compared to the consensus estimate of $981.25 million. Cooper Companies had a return on equity of 9.38% and a net margin of 10.07%. On average, equities analysts anticipate that Cooper Companies will post 3.98 EPS for the current year.

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Analyst Ratings Changes

Several research firms have recently commented on COO. Piper Sandler reissued an "overweight" rating and issued a $115.00 price objective (down previously from $120.00) on shares of Cooper Companies in a research note on Friday. Morgan Stanley reduced their target price on shares of Cooper Companies from $104.00 to $102.00 and set an "equal weight" rating on the stock in a report on Friday, December 6th. StockNews.com downgraded shares of Cooper Companies from a "buy" rating to a "hold" rating in a research note on Wednesday, December 11th. JPMorgan Chase & Co. reduced their price objective on Cooper Companies from $120.00 to $110.00 and set an "overweight" rating on the stock in a research note on Friday. Finally, Needham & Company LLC reiterated a "hold" rating on shares of Cooper Companies in a report on Friday. Three research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company's stock. According to data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average price target of $111.89.

About Cooper Companies

The Cooper Companies, Inc, together with its subsidiaries, develops, manufactures, and markets contact lens wearers. The company operates in two segments, CooperVision and CooperSurgical. The CooperVision segment provides spherical lense, including lenses that correct near and farsightedness; and toric and multifocal lenses comprising lenses correcting vision challenges, such as astigmatism, presbyopia, and myopia in the Americas, Europe, Middle East, Africa, and Asia Pacific.