In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
As of close of business last night, Cooper Companies, Inc’s stock clocked out at $69.74, up 0.06% from its previous closing price of $69.70. In other words, the price has increased by $0.06 from its previous closing price. On the day, 2.02 million shares were traded.
Ratios:
To gain a deeper understanding of COO’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 119.74 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 38.03. 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:
Investing in insider trades can also provide an investor with insight into how management views future 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 33.83, and their Forward P/E ratio for the next fiscal year is 15.78. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 3.49. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.49 while its Price-to-Book (P/B) ratio in mrq is 1.68.
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 -10.04%, while the 200-Day Moving Average is calculated to be -24.60%.
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.
