At the time of writing, Mr. Cooper Group Inc [COOP] stock is trading at $81.72, up 2.82%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The COOP shares have gain 7.94% over the last week, with a monthly amount glided 7.77%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Mr. Cooper Group Inc [NASDAQ: COOP] stock has seen the most recent analyst activity on January 10, 2024, when Deutsche Bank initiated its Buy rating and assigned the stock a price target of $88. Previously, UBS started tracking the stock with Buy rating on December 06, 2023, and set its price target to $80. On November 15, 2023, Barclays initiated with a Overweight rating and assigned a price target of $74 on the stock. Keefe Bruyette upgraded its rating to a Outperform and increased its price target to $65 on October 02, 2023. BTIG Research initiated its recommendation with a Neutral. Barclays downgraded its rating to Equal Weight for this stock on April 21, 2021, and downed its price target to $38. In a note dated April 06, 2021, Keefe Bruyette downgraded an Mkt Perform rating on this stock and revised its target price from $39 to $38.
For the past year, the stock price of Mr. Cooper Group Inc fluctuated between $41.74 and $80.21. Currently, Wall Street analysts expect the stock to reach $87 within the next 12 months. Mr. Cooper Group Inc [NASDAQ: COOP] shares were valued at $81.72 at the most recent close of the market. An investor can expect a potential return of 6.46% based on the average COOP price forecast.
Analyzing the COOP fundamentals
According to Mr. Cooper Group Inc [NASDAQ:COOP], the company’s sales were 1.79B for trailing twelve months, which represents an 56.44% jump. Gross Profit Margin for this corporation currently stands at 0.57% with Operating Profit Margin at 0.37%, Pretax Profit Margin comes in at 0.4%, and Net Profit Margin reading is 0.3%. To continue investigating profitability, this company’s Return on Assets is posted at 0.04, Equity is 0.15 and Total Capital is 0.05.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 79.41 points at the first support level, and at 77.11 for the second support level. However, for the 1st resistance point, the stock is sitting at 83.00, and for the 2nd resistance point, it is at 84.29.
Ratios To Look Out For
Considering the valuation of this stock, the price to sales ratio is 2.95, the price to book ratio is 1.23 and price to earnings (TTM) ratio is 11.12.
Transactions by insiders
Recent insider trading involved Bray Jesse K, Chief Executive Officer, that happened on Mar 28 ’24 when 25000.0 shares were sold. Chief Executive Officer, Bray Jesse K completed a deal on Feb 29 ’24 to sell 25000.0 shares. Meanwhile, President Weinbach Michael S bought 17000.0 shares on Feb 13 ’24.
