After finishing at $94.51 in the prior trading day, Cooper Companies, Inc. (NASDAQ: COO) closed at $93.60, down -0.96%. In other words, the price has decreased by -$0.91 from its previous closing price. On the day, 2338579 shares were traded. COO stock price reached its highest trading level at $95.05 during the session, while it also had its lowest trading level at $93.43.
Ratios:
Our goal is to gain a better understanding of COO by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 153.86 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 86.52. For the most recent quarter (mrq), Quick Ratio is recorded 1.00 and its Current Ratio is at 1.76. In the meantime, Its Debt-to-Equity ratio is 0.37 whereas as Long-Term Debt/Eq ratio is at 0.36.
On October 30, 2023, BofA Securities started tracking the stock assigning a Buy rating and target price of $380.
Redburn Atlantic Downgraded its Overweight to Neutral on October 05, 2023, whereas the target price for the stock was revised from $390 to $343.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Jan 04 when PETERSMEYER GARY S sold 150 shares for $336.03 per share. The transaction valued at 50,404 led to the insider holds 2,297 shares of the business.
WEISS ROBERT S sold 79,370 shares of COO for $28,955,135 on Dec 19. The Director now owns 70,693 shares after completing the transaction at $364.81 per share. On Dec 14, another insider, PETERSMEYER GARY S, who serves as the Director of the company, sold 300 shares for $368.55 each. As a result, the insider received 110,565 and left with 2,464 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, COO now has a Market Capitalization of 18.58B and an Enterprise Value of 21.03B. As of this moment, Cooper’s Price-to-Earnings (P/E) ratio for their current fiscal year is 63.41, and their Forward P/E ratio for the next fiscal year is 24.05. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 6.34. For the stock, the TTM Price-to-Sale (P/S) ratio is 5.18 while its Price-to-Book (P/B) ratio in mrq is 2.45. Its current Enterprise Value per Revenue stands at 5.91 whereas that against EBITDA is 23.73.
Stock Price History:
Over the past 52 weeks, COO has reached a high of $99.90, while it has fallen to a 52-week low of $75.93. The 50-Day Moving Average of the stock is 94.10, while the 200-Day Moving Average is calculated to be 90.13.
Shares Statistics:
The stock has traded on average 1.11M shares per day over the past 3-months and 1.35M shares per day over the last 10 days, according to various share statistics. A total of 198.00M shares are outstanding, with a floating share count of 197.70M. Insiders hold about 0.52% of the company’s shares, while institutions hold 99.59% stake in the company. Shares short for COO as of Feb 15, 2024 were 2.94M with a Short Ratio of 2.53, compared to 2.92M on Jan 12, 2024. Therefore, it implies a Short% of Shares Outstanding of 1.48% and a Short% of Float of 1.68%.
Dividends & Splits
In the trailing 12 months, COO’s forward annual dividend rate was 0.01, compared to 0.03 this year. Against a Trailing Annual Dividend Yield of 0.02%, it implies a Forward Annual Dividend Yield of 0.02%. The stock’s 5-year Average Dividend Yield is 0.02.
Earnings Estimates
Its stock is currently analyzed by 15 different market analysts. On average, analysts expect EPS of $0.78 for the current quarter, with a high estimate of $0.82 and a low estimate of $0.75, while EPS last year was $0.72. The consensus estimate for the next quarter is $0.82, with high estimates of $0.84 and low estimates of $0.78.
Analysts are recommending an EPS of between $3.51 and $3.45 for the fiscal current year, implying an average EPS of $3.46. EPS for the following year is $3.89, with 18 analysts recommending between $3.96 and $3.79.
Revenue Estimates
A total of 20 analysts have provided revenue estimates for COO’s current fiscal year. The highest revenue estimate was $3.9B, while the lowest revenue estimate was $3.59B, resulting in an average revenue estimate of $3.85B. In the same quarter a year ago, actual revenue was $3.59B, up 7.10% from the average estimate. Based on 19 analysts’ estimates, the company’s revenue will be $4.1B in the next fiscal year. The high estimate is $4.19B and the low estimate is $3.84B. The average revenue growth estimate for next year is up 6.70% from the average revenue estimate for this year.
