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NASDAQ:COO

Cooper Companies (COO) Stock Price, News & Analysis

$105.92
-1.05 (-0.98%)
(As of 10/4/2024 ET)

About Cooper Companies Stock (NASDAQ:COO)

Key Stats

Today's Range
$105.01
$108.06
50-Day Range
$90.97
$111.23
52-Week Range
$75.93
$112.38
Volume
1.05 million shs
Average Volume
1.12 million shs
Market Capitalization
$21.09 billion
P/E Ratio
62.21
Dividend Yield
N/A
Price Target
$115.00
Consensus Rating
Moderate Buy

Company Overview

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. The CooperSurgical segment focuses on family and women's health care, which provides fertility products and services, medical devices, and contraception, as well as cryostorage, such as cord blood and cord tissue storage to health care professionals and patients worldwide. It offers surgical and office products, including endosee endometrial imaging products, fetal pillow cephalic elevation devices for use in cesarean sections, illuminated speculum products, lone star retractor systems, loop electrosurgical excision procedure products, mara water ablation systems, paragard contraceptive IUDs, point-of-care, and uterine positioning products, as well as cryostorage, such as cord blood and cord tissue storage; fertility products and services, such as fertility consumables and equipment, donor gamete services, and genomic services, including genetic testing. The company sells its products to distributors, group purchasing organizations, eye care and health care professionals, including independent practices, corporate retailers, hospitals and clinics, and authorized resellers. The Cooper Companies, Inc. was founded in 1958 and is headquartered in San Ramon, California.

Cooper Companies Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
58th Percentile Overall Score

COO MarketRank™: 

Cooper Companies scored higher than 58% of companies evaluated by MarketBeat, and ranked 487th out of 994 stocks in the medical sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Cooper Companies has received a consensus rating of Moderate Buy. The company's average rating score is 2.77, and is based on 10 buy ratings, 3 hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    Cooper Companies has been the subject of 7 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

  • Read more about Cooper Companies' stock forecast and price target.
  • Earnings Growth

    Earnings for Cooper Companies are expected to grow by 11.23% in the coming year, from $3.65 to $4.06 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Cooper Companies is 62.21, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 118.41.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Cooper Companies is 62.21, which means that it is trading at a less expensive P/E ratio than the Medical sector average P/E ratio of about 109.58.

  • Price to Earnings Growth Ratio

    Cooper Companies has a PEG Ratio of 2.63. PEG Ratios above 1 indicate that a company could be overvalued.

  • Price to Book Value per Share Ratio

    Cooper Companies has a P/B Ratio of 2.66. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Read more about Cooper Companies' valuation and earnings.
  • Percentage of Shares Shorted

    0.97% of the outstanding shares of Cooper Companies have been sold short.
  • Short Interest Ratio / Days to Cover

    Cooper Companies has a short interest ratio ("days to cover") of 1.6, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Cooper Companies has recently decreased by 4.46%, indicating that investor sentiment is improving.
  • Dividend Yield

    Cooper Companies does not currently pay a dividend.

  • Dividend Growth

    Cooper Companies does not have a long track record of dividend growth.

  • Percentage of Shares Shorted

    0.97% of the outstanding shares of Cooper Companies have been sold short.
  • Short Interest Ratio / Days to Cover

    Cooper Companies has a short interest ratio ("days to cover") of 1.6, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Cooper Companies has recently decreased by 4.46%, indicating that investor sentiment is improving.
  • News Sentiment

    Cooper Companies has a news sentiment score of 0.41. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.54 average news sentiment score of Medical companies.
  • News Coverage This Week

    MarketBeat has tracked 17 news articles for Cooper Companies this week, compared to 10 articles on an average week.
  • Search Interest

    Only 2 people have searched for COO on MarketBeat in the last 30 days. This is a decrease of -85% compared to the previous 30 days.
  • MarketBeat Follows

    Only 3 people have added Cooper Companies to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Cooper Companies insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $27,637,427.00 in company stock.

  • Percentage Held by Insiders

    Only 2.00% of the stock of Cooper Companies is held by insiders.

  • Percentage Held by Institutions

    Only 24.39% of the stock of Cooper Companies is held by institutions.

  • Read more about Cooper Companies' insider trading history.
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COO Stock News Headlines

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The IRS is expanding its program that allows people to file their taxes directly with the agency for free
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Days after Hurricane Helene a powerless mess remains in the Southeast
Power is still out for well over 1 million people in Georgia, South Carolina and North Carolina five days after Hurricane Helene tore down trees and destroyed much of the electric grid
How much money are you leaving on the table from the stocks you already own?
Charles Payne here, and I want to let you in on a time-tested trading method that can be used to generate cash flow. Simply put, this time-tested 3-step strategy allows anyone to create cash flow from the stocks you already own without selling a single share in your portfolio. I call it "The Cash Flow Trade", and my team is going to teach you how and when to execute it in this free live event.
Cindy Taff, right, and Brianna Byrd, left, with Sage Geosystems, a startup that aims to make clean …
Profiles in clean energy: Former Shell VP helps create a new way of making clean electricity
At oil and gas giant Shell, Cindy Taff was in charge of drilling wells that are considered unconventional because the oil or natural gas is difficult to access
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Utilities complete transmission line linking Iowa and Wisconsin
A group of utilities has completed a high-voltage transmission linking Iowa and Wisconsin
Cooper Companies (NASDAQ:COO) Sees Strong Trading Volume - Here's Why
See More Headlines

COO Stock Analysis - Frequently Asked Questions

Cooper Companies' stock was trading at $94.61 at the beginning of 2024. Since then, COO stock has increased by 12.0% and is now trading at $105.92.
View the best growth stocks for 2024 here
.

The Cooper Companies, Inc. (NASDAQ:COO) released its quarterly earnings data on Wednesday, August, 28th. The medical device company reported $0.96 EPS for the quarter, topping analysts' consensus estimates of $0.91 by $0.05. Cooper Companies's quarterly revenue was up 7.8% compared to the same quarter last year.

Cooper Companies's stock split on the morning of Tuesday, February 20th 2024. The 4-1 split was announced on Tuesday, February 20th 2024. The newly minted shares were distributed to shareholders after the market closes on Tuesday, February 20th 2024. An investor that had 100 shares of stock prior to the split would have 400 shares after the split.

Cooper Companies subsidiaries include these companies: Cooper Medical Inc., CooperSurgical, CooperSurgical Holdings Ltd., Coopervision, CooperVision Australia Pty Limited, CooperVision Canada Corp., CooperVision Caribbean Corp, and more.

Top institutional investors of Cooper Companies include Handelsbanken Fonder AB (0.28%), Czech National Bank (0.02%), Mirador Capital Partners LP (0.01%) and Park Avenue Securities LLC. Insiders that own company stock include Robert S Weiss, Albert G White III, Jody S Lindell, Daniel G Mcbride, Brian G Andrews, Gary S Petersmeyer, Gerard H Warner III and Agostino Ricupati.
View institutional ownership trends
.

Shares of COO stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Company Calendar

Last Earnings
8/28/2024
Today
10/06/2024
Fiscal Year End
10/31/2024
Next Earnings (Estimated)
12/05/2024

Industry, Sector and Symbol

Sector
Medical
Industry
Ophthalmic goods
Sub-Industry
Health Care Supplies
Current Symbol
NASDAQ:COO
CUSIP
21664840
Employees
15,000
Year Founded
1958

Price Target and Rating

Average Stock Price Target
$115.00
High Stock Price Target
$125.00
Low Stock Price Target
$95.00
Potential Upside/Downside
+8.6%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.77
Research Coverage
13 Analysts

Profitability

Net Income
$294.20 million
Pretax Margin
13.67%

Debt

Sales & Book Value

Annual Sales
$3.80 billion
Cash Flow
$4.90 per share
Book Value
$39.79 per share

Miscellaneous

Free Float
195,138,000
Market Cap
$21.09 billion
Optionable
Optionable
Beta
0.98

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This page (NASDAQ:COO) was last updated on 10/6/2024 by MarketBeat.com Staff
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