Stock Surge: Cooper Companies, Inc. (COO) Closes at 86.04, Marking a -0.54 Increase/Decrease

The pursuit of market outperformance leads investors to the practice of hand-picking stocks. Skillful choices can be a catalyst for significant wealth enhancement.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

In the latest session, Cooper Companies, Inc. (NASDAQ: COO) closed at $86.04 down -0.54% from its previous closing price of $86.51. In other words, the price has decreased by -$0.54 from its previous closing price. On the day, 0.61 million shares were traded. COO stock price reached its highest trading level at $86.32 during the session, while it also had its lowest trading level at $85.02.

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 152.15 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 140.08. For the most recent quarter (mrq), Quick Ratio is recorded 1.14 and its Current Ratio is at 1.95. In the meantime, Its Debt-to-Equity ratio is 0.35 whereas as Long-Term Debt/Eq ratio is at 0.34.

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:

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 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 17026751488 and an Enterprise Value of 19905441792. As of this moment, Cooper’s Price-to-Earnings (P/E) ratio for their current fiscal year is 50.60, and their Forward P/E ratio for the next fiscal year is 21.70. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 4.48. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.59 while its Price-to-Book (P/B) ratio in mrq is 2.20. Its current Enterprise Value per Revenue stands at 5.334 whereas that against EBITDA is 20.155.

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 -6.94%, while the 200-Day Moving Average is calculated to be -5.16%.

Shares Statistics:

For the past three months, COO has traded an average of 1.10M shares per day and 1317800 over the past ten days. A total of 199.12M shares are outstanding, with a floating share count of 198.09M. Insiders hold about 0.52% of the company’s shares, while institutions hold 96.01% stake in the company. Shares short for COO as of 1718323200 were 2968989 with a Short Ratio of 2.70, compared to 1715731200 on 2621159. Therefore, it implies a Short% of Shares Outstanding of 2968989 and a Short% of Float of 1.6900001000000002.

Dividends & Splits

According to the company, the forward annual dividend rate for COO is 0.01, from 0.008 in the trailing year. Against a Trailing Annual Dividend Yield of 9.247486e-05The stock’s 5-year Average Dividend Yield is 0.02.

Most Popular