Cooper Companies, Inc. [COO] stock prices are down -0.15% to $85.55 at the moment. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The COO shares have lost -1.11% over the last week, with a monthly amount drifted -9.36%, and not seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Cooper Companies, Inc. [NASDAQ: COO] stock has seen the most recent analyst activity on March 19, 2024, when Redburn Atlantic upgraded its rating to a Buy but kept the price target unchanged to $125 for it. Previously, JP Morgan upgraded its rating to Overweight on March 13, 2024, and elevated its price target to $120. BofA Securities started tracking the stock assigning a Buy rating and suggested a price target of $380 on October 30, 2023. Redburn Atlantic downgraded its rating to a Neutral and reduced its price target to $343 on October 05, 2023. Morgan Stanley started tracking with a Equal-Weight rating for this stock on May 30, 2023, and assigned it a price target of $410. In a note dated December 22, 2022, Mizuho initiated an Buy rating and provided a target price of $375 on this stock.
The stock price of Cooper Companies, Inc. [COO] has been fluctuating between $75.93 and $104.07 over the past year. Currently, Wall Street analysts expect the stock to reach $345.86 within the next 12 months. Cooper Companies, Inc. [NASDAQ: COO] shares were valued at $85.55 at the most recent close of the market. An investor can expect a potential return of 304.28% based on the average COO price forecast.
Analyzing the COO fundamentals
The Cooper Companies, Inc. [NASDAQ:COO] reported sales of 3.73B for trailing twelve months, representing a surge of 7.43%. Gross Profit Margin for this corporation currently stands at 0.64% with Operating Profit Margin at 0.16%, Pretax Profit Margin comes in at 0.13%, and Net Profit Margin reading is 0.09%. To continue investigating profitability, this company’s Return on Assets is posted at 0.03, Equity is 0.04 and Total Capital is 0.05. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.35.
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 84.72 points at the first support level, and at 83.88 for the second support level. However, for the 1st resistance point, the stock is sitting at 86.46, and for the 2nd resistance point, it is at 87.36.
Ratios To Look Out For
It’s worth pointing out that Cooper Companies, Inc. [NASDAQ:COO]’s Current Ratio is 1.95. In addition, the Quick Ratio stands at 1.14 and the Cash Ratio stands at 0.12. Considering the valuation of this stock, the price to sales ratio is 4.57, the price to book ratio is 2.18 and price to earnings (TTM) ratio is 50.31.
Transactions by insiders
Recent insider trading involved Ricupati Agostino, SVP & CAO, that happened on Mar 18 ’24 when 54724.0 shares were sold. Director, WEISS ROBERT S completed a deal on Mar 08 ’24 to sell 88075.0 shares. Meanwhile, Director WEISS ROBERT S sold 0.15 million shares on Mar 07 ’24.
