Beyond market averages, investors seeking exceptional growth focus on the art of stock selection. The right picks can significantly contribute to the expansion of your wealth.
In the latest session, Cooper Companies, Inc (NASDAQ: COO) closed at $87.29 down -0.92% from its previous closing price of $88.10. In other words, the price has decreased by -$0.92 from its previous closing price. On the day, 1.75 million shares were traded.
Ratios:
For a deeper understanding of Cooper Companies, Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 161.76 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 60.47. 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:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. 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 44.63, and their Forward P/E ratio for the next fiscal year is 19.70. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 4.32. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.47 while its Price-to-Book (P/B) ratio in mrq is 2.16.
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 $84.76. The 50-Day Moving Average of the stock is -7.56%, while the 200-Day Moving Average is calculated to be -10.36%.
Shares Statistics:
A total of 199.60M shares are outstanding, with a floating share count of 198.26M. Insiders hold about 0.66% of the company’s shares, while institutions hold 99.13% stake in the company.
Earnings Estimates
The company has 15.0 analysts who recommend its stock at the moment. The consensus estimate for the next quarter is $0.93, with high estimates of $0.97 and low estimates of $0.89.
Analysts are recommending an EPS of between $4.04 and $3.88 for the fiscal current year, implying an average EPS of $3.98. EPS for the following year is $4.44, with 17.0 analysts recommending between $4.61 and $4.3.
Revenue Estimates
A total of 14 analysts believe the company’s revenue will be $981.25M this quarter.It ranges from a high estimate of $1B to a low estimate of $967.88M. As of the current estimate, Cooper Companies, Inc’s year-ago sales were $931.6MFor the next quarter, 14 analysts are estimating revenue of $1B. There is a high estimate of $1.02B for the next quarter, whereas the lowest estimate is $993.4M.
A total of 19 analysts have provided revenue estimates for COO’s current fiscal year. The highest revenue estimate was $4.18B, while the lowest revenue estimate was $4.08B, resulting in an average revenue estimate of $4.13B. In the same quarter a year ago, actual revenue was $3.9BBased on 18 analysts’ estimates, the company’s revenue will be $4.4B in the next fiscal year. The high estimate is $4.48B and the low estimate is $4.35B.
