At the time of writing, Cooper Companies, Inc. [COO] stock is trading at $106.59, up 0.08%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The COO shares have gain 0.81% over the last week, with a monthly amount glided 16.11%, and 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 August 29, 2024, when Piper Sandler reiterated its Overweight rating and also boosted its price target to $120 from $115. Previously, Jefferies upgraded its rating to Buy on July 16, 2024, and elevated its price target to $115. On March 19, 2024, upgrade upgraded it’s rating to Buy but maintained its price target of $125 on the stock. JP Morgan upgraded its rating to a Overweight and increased its price target to $120 on March 13, 2024. BofA Securities started tracking with a Buy rating for this stock on October 30, 2023, and assigned it a price target of $380. In a note dated October 05, 2023, Redburn Atlantic downgraded an Neutral rating on this stock and revised its target price from $390 to $343.
For the past year, the stock price of Cooper Companies, Inc. fluctuated between $75.93 and $107.46. Currently, Wall Street analysts expect the stock to reach $298 within the next 12 months. Cooper Companies, Inc. [NASDAQ: COO] shares were valued at $106.59 at the most recent close of the market. An investor can expect a potential return of 179.58% based on the average COO price forecast.
Analyzing the COO fundamentals
According to Cooper Companies, Inc. [NASDAQ:COO], the company’s sales were 3.80B for trailing twelve months, which represents an 7.80% jump. Gross Profit Margin for this corporation currently stands at 0.62% with Operating Profit Margin at 0.17%, Pretax Profit Margin comes in at 0.14%, 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 0.05 and Total Capital is 0.06. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.33.
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 105.77 points at the first support level, and at 104.94 for the second support level. However, for the 1st resistance point, the stock is sitting at 107.62, and for the 2nd resistance point, it is at 108.64.
Ratios To Look Out For
It is important to note that Cooper Companies, Inc. [NASDAQ:COO] has a current ratio of 1.99. As well, the Quick Ratio is 1.18, while the Cash Ratio is 0.11. Considering the valuation of this stock, the price to sales ratio is 5.58, the price to book ratio is 2.68 and price to earnings (TTM) ratio is 59.38.
Transactions by insiders
Recent insider trading involved Andrews Brian G, EVP, CFO & Treasurer, that happened on Sep 05 ’24 when 24788.0 shares were sold. EVP & Chief Operating Officer, McBride Daniel G completed a deal on Sep 04 ’24 to sell 0.11 million shares. Meanwhile, Officer Brian G. Andrews bought 24788.0 shares on Sep 05 ’24.
