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NASDAQ:COO

Cooper Companies (COO) Stock Price, News & Analysis

Cooper Companies logo
$104.68
-0.52 (-0.49%)
(As of 10/31/2024 ET)

About Cooper Companies Stock (NASDAQ:COO)

Key Stats

Today's Range
$104.45
$105.38
50-Day Range
$94.35
$111.23
52-Week Range
$77.01
$112.38
Volume
1.13 million shs
Average Volume
1.13 million shs
Market Capitalization
$20.85 billion
P/E Ratio
58.32
Dividend Yield
N/A
Price Target
$117.00
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
69th Percentile Overall Score

COO MarketRank™: 

Cooper Companies scored higher than 69% of companies evaluated by MarketBeat, and ranked 366th out of 993 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 2.75, and is based on 9 buy ratings, 3 hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    Cooper Companies has been the subject of 6 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 58.32, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 135.44.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Cooper Companies is 58.32, which means that it is trading at a less expensive P/E ratio than the Medical sector average P/E ratio of about 140.98.

  • Price to Earnings Growth Ratio

    Cooper Companies has a PEG Ratio of 2.53. 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 2.75. 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

    0.88% 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 1.7, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Cooper Companies has recently increased by 4.76%, indicating that investor sentiment is decreasing.
  • 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

    0.88% 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 1.7, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Cooper Companies has recently increased by 4.76%, indicating that investor sentiment is decreasing.
  • News Sentiment

    Cooper Companies has a news sentiment score of 0.25. 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 0.68 average news sentiment score of Medical companies.
  • News Coverage This Week

    MarketBeat has tracked 18 news articles for Cooper Companies this week, compared to 10 articles on an average week.
  • Search Interest

    Only 1 people have searched for COO on MarketBeat in the last 30 days. This is a decrease of -50% compared to the previous 30 days.
  • MarketBeat Follows

    3 people have added Cooper Companies to their MarketBeat watchlist in the last 30 days. This is an increase of 200% 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

Chinese President Xi Jinping, left, and Russian President Vladimir Putin, right, speak during Outre…
Putin presides over BRICS summit seeking to expand Russia's clout
Russian President Vladimir Putin has presided over a closing session of a summit of the BRICS bloc of developing economies, hailing its role as a counterbalance to the West
North Carolina Gov
North Carolina lawmakers convene again to address Hurricane Helene's billions in damages
North Carolina state legislators are returning to work to consider further relief for recovery from Hurricane Helene
Unveiled: NVIDIA’s "Secret Royalty" Program
Did you know that there's an investment that will give you the opportunity to collect "royalties" every time Nvidia makes a chip?
Homes lie in a debris field in the aftermath of Hurricane Helene, Thursday, October 3, 2024, in Pen…
North Carolina government calculates Hurricane Helene damages, needs at least $53B
North Carolina officials say the catastrophic flooding and destruction caused by Hurricane Helene is likely to have caused at least $53 billion in damages and recovery needs in the state
From left, Indian Prime Minister Narendra Modi, Russian President Vladimir Putin and Chinese Presid…
Financial cooperation and BRICS expansion are on the table as Putin hosts Global South leaders
Russia’s President Vladimir Putin is hosting China’s Xi Jinping, India’s Narendra Modi and other world leaders at a summit of the BRICS bloc of developing economies, part of Kremlin efforts to challenge Western global clout
See More Headlines

COO Stock Analysis - Frequently Asked Questions

Cooper Companies' stock was trading at $94.61 at the beginning of the year. Since then, COO stock has increased by 10.6% and is now trading at $104.68.
View the best growth stocks for 2024 here
.

The Cooper Companies, Inc. (NASDAQ:COO) released its quarterly earnings results on Wednesday, August, 28th. The medical device company reported $0.96 earnings per share for the quarter, topping the consensus estimate of $0.91 by $0.05. The company's quarterly revenue was up 7.8% on a year-over-year basis.

Cooper Companies's stock split on Tuesday, February 20th 2024. The 4-1 split was announced on Tuesday, February 20th 2024. The newly created shares were payable 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 others.

Top institutional shareholders of Cooper Companies include Veritas Asset Management LLP (2.21%), Impax Asset Management Group plc (1.15%), Swedbank AB (0.72%) and Boston Trust Walden Corp (0.63%). 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.

Based on aggregate information from My MarketBeat watchlists, some other companies that Cooper Companies investors own include NVIDIA (NVDA), Meta Platforms (META), Netflix (NFLX), Advanced Micro Devices (AMD), Tesla (TSLA), JPMorgan Chase & Co. (JPM) and Visa (V).

Company Calendar

Last Earnings
8/28/2024
Today
10/31/2024
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
$117.00
High Stock Price Target
$125.00
Low Stock Price Target
$104.00
Potential Upside/Downside
+11.7%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.75
Research Coverage
12 Analysts

Profitability

Net Income
$294.20 million
Pretax Margin
13.67%

Debt

Sales & Book Value

Annual Sales
$3.80 billion
Cash Flow
$5.02 per share
Book Value
$38.12 per share

Miscellaneous

Free Float
195,173,000
Market Cap
$20.87 billion
Optionable
Optionable
Beta
0.98

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This page (NASDAQ:COO) was last updated on 10/31/2024 by MarketBeat.com Staff
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