At the time of writing, Cooper Companies, Inc. [COO] stock is trading at $90.67, down -0.87%. 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 gain 0.59% over the last week, with a monthly amount drifted -0.92%, 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 July 16, 2024, when Jefferies upgraded its rating to a Buy and also boosted its price target to $115 from $107. Previously, Redburn Atlantic upgraded its rating to Buy on March 19, 2024, and kept the price target unchanged to $125. On March 13, 2024, upgrade upgraded it’s rating to Overweight and revised its price target to $120 on the stock. BofA Securities initiated its recommendation with a Buy and recommended $380 as its price target on October 30, 2023. Redburn Atlantic downgraded its rating to Neutral for this stock on October 05, 2023, and downed its price target to $343. In a note dated May 30, 2023, Morgan Stanley initiated an Equal-Weight rating and provided a target price of $410 on this stock.
For the past year, the stock price of Cooper Companies, Inc. fluctuated between $75.93 and $104.07. Currently, Wall Street analysts expect the stock to reach $298 within the next 12 months. Cooper Companies, Inc. [NASDAQ: COO] shares were valued at $90.67 at the most recent close of the market. An investor can expect a potential return of 228.66% based on the average COO price forecast.
Analyzing the COO fundamentals
According to Cooper Companies, Inc. [NASDAQ:COO], the company’s sales were 3.73B for trailing twelve months, which represents an 7.43% jump. 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 90.00 points at the first support level, and at 89.32 for the second support level. However, for the 1st resistance point, the stock is sitting at 91.67, and for the 2nd resistance point, it is at 92.66.
Ratios To Look Out For
It is important to note that Cooper Companies, Inc. [NASDAQ:COO] has a current ratio of 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 4.84, the price to book ratio is 2.31 and price to earnings (TTM) ratio is 53.33.
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.
