Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
The price of Cooper Companies, Inc (NASDAQ: COO) closed at $70.88 in the last session, down -0.76% from day before closing price of $71.42. In other words, the price has decreased by -$0.76 from its previous closing price. On the day, 1.44 million shares were traded.
Ratios:
We take a closer look at COO’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 121.70 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 38.65. 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:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. 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 34.38, and their Forward P/E ratio for the next fiscal year is 16.03. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 3.55. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.55 while its Price-to-Book (P/B) ratio in mrq is 1.71.
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 $65.00. The 50-Day Moving Average of the stock is -9.04%, while the 200-Day Moving Average is calculated to be -23.57%.
Shares Statistics:
A total of 199.50M shares are outstanding, with a floating share count of 198.21M. Insiders hold about 0.65% of the company’s shares, while institutions hold 100.92% stake in the company.
Earnings Estimates
The current assessment of Cooper Companies, Inc (COO) involves the perspectives of 15.0 analysts closely monitoring its market dynamics.The consensus estimate for the next quarter is $1.12, with high estimates of $1.15 and low estimates of $1.06.
Analysts are recommending an EPS of between $4.09 and $3.98 for the fiscal current year, implying an average EPS of $4.06. EPS for the following year is $4.42, with 17.0 analysts recommending between $4.56 and $4.21.
Revenue Estimates
According to 13 analysts, the current quarter’s revenue is expected to be $1.06B. It ranges from a high estimate of $1.07B to a low estimate of $1.05B. As of the current estimate, Cooper Companies, Inc’s year-ago sales were $1BFor the next quarter, 13 analysts are estimating revenue of $1.09B. There is a high estimate of $1.1B for the next quarter, whereas the lowest estimate is $1.08B.
A total of 18 analysts have provided revenue estimates for COO’s current fiscal year. The highest revenue estimate was $4.13B, while the lowest revenue estimate was $4.11B, resulting in an average revenue estimate of $4.12B. In the same quarter a year ago, actual revenue was $3.9BBased on 18 analysts’ estimates, the company’s revenue will be $4.38B in the next fiscal year. The high estimate is $4.44B and the low estimate is $4.33B.
