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Cooper Companies, Inc. (NASDAQ: COO) closed the day trading at $89.93 down -0.30% from the previous closing price of $90.20. In other words, the price has decreased by -$0.30 from its previous closing price. On the day, 0.84 million shares were traded. COO stock price reached its highest trading level at $90.8606 during the session, while it also had its lowest trading level at $88.13.
Ratios:
For a better understanding of COO, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 132.11 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 131.43. For the most recent quarter (mrq), Quick Ratio is recorded 1.08 and its Current Ratio is at 1.86. In the meantime, Its Debt-to-Equity ratio is 0.36 whereas as Long-Term Debt/Eq ratio is at 0.35.
On March 13, 2024, JP Morgan Upgraded its rating to Overweight which previously was Neutral and also upped its target price recommendation from $100 to $120.
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 Mar 18 ’24 when Ricupati Agostino sold 54,724 shares for $100.89 per share. The transaction valued at 5,521,230 led to the insider holds 5,081 shares of the business.
WEISS ROBERT S sold 88,075 shares of COO for $8,999,732 on Mar 08 ’24. The Director now owns 282,772 shares after completing the transaction at $102.18 per share. On Mar 07 ’24, another insider, WEISS ROBERT S, who serves as the Director of the company, sold 153,213 shares for $102.21 each. As a result, the insider received 15,659,610 and left with 282,772 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 17874126848 and an Enterprise Value of 20792852480. As of this moment, Cooper’s Price-to-Earnings (P/E) ratio for their current fiscal year is 61.74, and their Forward P/E ratio for the next fiscal year is 22.76. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 5.49. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.88 while its Price-to-Book (P/B) ratio in mrq is 2.32. Its current Enterprise Value per Revenue stands at 5.671 whereas that against EBITDA is 23.551.
Stock Price History:
Over the past 52 weeks, COO has reached a high of $104.07, while it has fallen to a 52-week low of $75.93. The 50-Day Moving Average of the stock is -7.67%, while the 200-Day Moving Average is calculated to be -1.29%.
Shares Statistics:
Over the past 3-months, COO traded about 1.13M shares per day on average, while over the past 10 days, COO traded about 1050410 shares per day. A total of 198.00M shares are outstanding, with a floating share count of 197.74M. Insiders hold about 0.51% of the company’s shares, while institutions hold 99.27% stake in the company. Shares short for COO as of 1713139200 were 2146009 with a Short Ratio of 1.90, compared to 1710460800 on 2475188. Therefore, it implies a Short% of Shares Outstanding of 2146009 and a Short% of Float of 1.2200001.
Dividends & Splits
COO’s forward annual dividend rate is 0.03, up from 0.008 a year ago. Against a Trailing Annual Dividend Yield of 8.8691806e-05The stock’s 5-year Average Dividend Yield is 0.02.
