Those aspiring to outpace the market meticulously engage in the process of selecting individual stocks. Strategic choices can be instrumental in accelerating your wealth.
In the latest session, Cooper Companies, Inc (NASDAQ: COO) closed at $68.28 down -14.61% from its previous closing price of $79.96. In other words, the price has decreased by -$14.61 from its previous closing price. On the day, 8.29 million shares were traded.
Ratios:
For a deeper understanding of Cooper Companies, Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 117.51 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 37.32. For the most recent quarter (mrq), Quick Ratio is recorded 1.23 and its Current Ratio is at 2.10. In the meantime, Its Debt-to-Equity ratio is 0.31 whereas as Long-Term Debt/Eq ratio is at 0.30.
On August 29, 2024, Piper Sandler reiterated its Overweight rating and also lowered its target price recommendation from $115 to $120.
Jefferies Upgraded its Hold to Buy on July 16, 2024, whereas the target price for the stock was revised from $107 to $115.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Sep 19 ’24 when White Albert G III sold 114,992 shares for $110.53 per share. The transaction valued at 12,710,041 led to the insider holds 165,273 shares of the business.
Albert G. White III bought 114,992 shares of COO for $12,709,660 on Sep 19 ’24. On Sep 10 ’24, another insider, Ricupati Agostino, who serves as the SVP & CAO of the company, sold 1,601 shares for $108.03 each. As a result, the insider received 172,955 and left with 4,818 shares of the company.
Valuation Measures:
As of this moment, Cooper’s Price-to-Earnings (P/E) ratio for their current fiscal year is 33.12, and their Forward P/E ratio for the next fiscal year is 15.41. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 3.39. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.42 while its Price-to-Book (P/B) ratio in mrq is 1.64.
Stock Price History:
Over the past 52 weeks, COO has reached a high of $112.38, while it has fallen to a 52-week low of $69.81. The 50-Day Moving Average of the stock is -14.92%, while the 200-Day Moving Average is calculated to be -27.21%.
Shares Statistics:
A total of 199.50M shares are outstanding, with a floating share count of 198.67M. Insiders hold about 0.65% of the company’s shares, while institutions hold 100.67% stake in the company.
