A share price of Cooper Companies, Inc [COO] is currently trading at $90.06, up 1.79%. 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 2.22% over the last week, with a monthly amount drifted -5.87%, and not seem to be holding up well over a long-time horizon.
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.
Cooper Companies, Inc experienced fluctuations in its stock price throughout the past year between $84.76 and $112.38. Currently, Wall Street analysts expect the stock to reach $250.86 within the next 12 months. Cooper Companies, Inc [NASDAQ: COO] shares were valued at $90.06 at the most recent close of the market. An investor can expect a potential return of 178.55% based on the average COO price forecast.
Analyzing the COO fundamentals
Trailing Twelve Months sales for Cooper Companies, Inc [NASDAQ:COO] were 3.90B which represents 9.85% growth. Gross Profit Margin for this corporation currently stands at 0.63% with Operating Profit Margin at 0.18%, Pretax Profit Margin comes in at 0.15%, and Net Profit Margin reading is 0.1%. 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. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.32.
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 88.71 points at the first support level, and at 87.35 for the second support level. However, for the 1st resistance point, the stock is sitting at 91.15, and for the 2nd resistance point, it is at 92.23.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Cooper Companies, Inc [NASDAQ:COO] is 1.91. In addition, the Quick Ratio stands at 1.12 and the Cash Ratio stands at 0.11. Considering the valuation of this stock, the price to sales ratio is 4.62, the price to book ratio is 2.22 and price to earnings (TTM) ratio is 46.05.
Transactions by insiders
Recent insider trading involved White Albert G III, President & CEO, that happened on Sep 19 ’24 when 0.11 million shares were sold. Officer, Albert G. White III completed a deal on Sep 19 ’24 to buy 0.11 million shares. Meanwhile, SVP & CAO Ricupati Agostino sold 1601.0 shares on Sep 10 ’24.
