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The closing price of Cooper Companies, Inc (NASDAQ: COO) was $84.98 for the day, up 1.34% from the previous closing price of $83.86. In other words, the price has increased by $1.34 from its previous closing price. On the day, 2.26 million shares were traded. COO stock price reached its highest trading level at $85.27 during the session, while it also had its lowest trading level at $83.21.
Ratios:
Our analysis of COO’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 168.26 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 44.18. For the most recent quarter (mrq), Quick Ratio is recorded 1.14 and its Current Ratio is at 1.99. In the meantime, Its Debt-to-Equity ratio is 0.31 whereas as Long-Term Debt/Eq ratio is at 0.31.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Piper Sandler on August 29, 2024, Reiterated its Overweight rating but revised its target price to $120 from $115 previously.
On July 16, 2024, Jefferies Upgraded its rating to Buy which previously was Hold and also upped its target price recommendation from $107 to $115.
Redburn Atlantic Upgraded its Neutral to Buy on March 19, 2024, while the target price for the stock was maintained at $125.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. 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:
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 16992346112 and an Enterprise Value of 19433601024. As of this moment, Cooper’s Price-to-Earnings (P/E) ratio for their current fiscal year is 41.09, and their Forward P/E ratio for the next fiscal year is 19.18. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 4.09. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.33 while its Price-to-Book (P/B) ratio in mrq is 2.09. Its current Enterprise Value per Revenue stands at 4.947 whereas that against EBITDA is 17.569.
Stock Price History:
The Beta on a monthly basis for COO is 1.02, which has changed by -0.14369208 over the last 52 weeks, in comparison to a change of 0.08572841 over the same period for the S&P500. Over the past 52 weeks, COO has reached a high of $112.38, while it has fallen to a 52-week low of $77.05. The 50-Day Moving Average of the stock is -5.10%, while the 200-Day Moving Average is calculated to be -11.65%.
Shares Statistics:
COO traded an average of 1.79M shares per day over the past three months and 2318130 shares per day over the past ten days. A total of 199.90M shares are outstanding, with a floating share count of 198.69M. Insiders hold about 0.64% of the company’s shares, while institutions hold 98.98% stake in the company. Shares short for COO as of 1741910400 were 3945861 with a Short Ratio of 2.20, compared to 1739491200 on 3002945. Therefore, it implies a Short% of Shares Outstanding of 3945861 and a Short% of Float of 2.0399998999999998.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0The stock’s 5-year Average Dividend Yield is 0.02. The current Payout Ratio is 0.00% for COO, which recently paid a dividend on 2023-07-26 with an ex-dividend date of 1690329600. Stock splits for the company last occurred on 2024-02-20 when the company split stock in a 4:1 ratio.
