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After finishing at $99.08 in the prior trading day, Cooper Companies, Inc (NASDAQ: COO) closed at $99.28, up 0.20%. In other words, the price has increased by $0.20 from its previous closing price. On the day, 1.17 million shares were traded. COO stock price reached its highest trading level at $100.47 during the session, while it also had its lowest trading level at $98.58.
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 183.98 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 68.78. For the most recent quarter (mrq), Quick Ratio is recorded 1.12 and its Current Ratio is at 1.91. In the meantime, Its Debt-to-Equity ratio is 0.35 whereas as Long-Term Debt/Eq ratio is at 0.34.
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:
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 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 19814600704 and an Enterprise Value of 23358732288. As of this moment, Cooper’s Price-to-Earnings (P/E) ratio for their current fiscal year is 50.76, and their Forward P/E ratio for the next fiscal year is 22.28. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 4.26. For the stock, the TTM Price-to-Sale (P/S) ratio is 5.09 while its Price-to-Book (P/B) ratio in mrq is 2.45. Its current Enterprise Value per Revenue stands at 6.14 whereas that against EBITDA is 22.834.
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 $83.45. The 50-Day Moving Average of the stock is -4.54%, while the 200-Day Moving Average is calculated to be 1.11%.
Shares Statistics:
The stock has traded on average 1.25M shares per day over the past 3-months and 1758830 shares per day over the last 10 days, according to various share statistics. A total of 199.60M shares are outstanding, with a floating share count of 198.58M. Insiders hold about 0.50% of the company’s shares, while institutions hold 97.59% stake in the company. Shares short for COO as of 1731628800 were 2214019 with a Short Ratio of 1.92, compared to 1728950400 on 1756486. Therefore, it implies a Short% of Shares Outstanding of 2214019 and a Short% of Float of 1.26.
Dividends & Splits
The stock’s 5-year Average Dividend Yield is 0.02.
