Mr. Cooper Group Inc (NASDAQ: COOP) has a price-to-earnings ratio that is above its average at 9.99x. The stock has a 36-month beta value of 1.38. Opinions on the stock are mixed, with 0 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for COOP is 62.24M, and at present, short sellers hold a 1.90% of that float. On July 25, 2024, the average trading volume of COOP was 405.04K shares.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
COOP) stock’s latest price update
Mr. Cooper Group Inc (NASDAQ: COOP)’s stock price has soared by 10.15 in relation to previous closing price of 86.64. Nevertheless, the company has seen a gain of 8.41% in its stock price over the last five trading days. zacks.com reported 2024-07-25 that Although the revenue and EPS for Mr Cooper (COOP) give a sense of how its business performed in the quarter ended June 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
COOP’s Market Performance
Mr. Cooper Group Inc (COOP) has seen a 8.41% rise in stock performance for the week, with a 18.40% gain in the past month and a 16.78% surge in the past quarter. The volatility ratio for the week is 2.57%, and the volatility levels for the past 30 days are at 2.34% for COOP. The simple moving average for the past 20 days is 13.76% for COOP’s stock, with a 33.86% simple moving average for the past 200 days.
Analysts’ Opinion of COOP
Many brokerage firms have already submitted their reports for COOP stocks, with Keefe Bruyette repeating the rating for COOP by listing it as a “Mkt Perform.” The predicted price for COOP in the upcoming period, according to Keefe Bruyette is $95 based on the research report published on July 22, 2024 of the current year 2024.
Deutsche Bank, on the other hand, stated in their research note that they expect to see COOP reach a price target of $88. The rating they have provided for COOP stocks is “Buy” according to the report published on January 10th, 2024.
UBS gave a rating of “Buy” to COOP, setting the target price at $80 in the report published on December 06th of the previous year.
COOP Trading at 14.97% from the 50-Day Moving Average
After a stumble in the market that brought COOP to its low price for the period of the last 52 weeks, the company was able to rebound, for now settling with 5.65% of gains for the given period.
Volatility was left at 2.34%, however, over the last 30 days, the volatility rate increased by 2.57%, as shares surge +16.83% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +16.60% upper at present.
During the last 5 trading sessions, COOP rose by +7.26%, which changed the moving average for the period of 200-days by +73.44% in comparison to the 20-day moving average, which settled at $84.57. In addition, Mr. Cooper Group Inc saw 46.54% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at COOP starting from Bray Jesse K, who sale 25,000 shares at the price of $80.93 back on Jun 28 ’24. After this action, Bray Jesse K now owns 259,631 shares of Mr. Cooper Group Inc, valued at $2,023,250 using the latest closing price.
Bray Jesse K, the Chief Executive Officer of Mr. Cooper Group Inc, sale 25,000 shares at $81.42 during a trade that took place back on May 29 ’24, which means that Bray Jesse K is holding 284,631 shares at $2,035,500 based on the most recent closing price.
Stock Fundamentals for COOP
Current profitability levels for the company are sitting at:
- 0.35 for the present operating margin
- 0.52 for the gross margin
The net margin for Mr. Cooper Group Inc stands at 0.28. The total capital return value is set at 0.09. Equity return is now at value 15.35, with 4.70 for asset returns.
Based on Mr. Cooper Group Inc (COOP), the company’s capital structure generated 0.65 points at debt to capital in total, while cash flow to debt ratio is standing at 0.09. The debt to equity ratio resting at 1.87. The interest coverage ratio of the stock is -2.87.
Currently, EBITDA for the company is 555.0 million with net debt to EBITDA at 9.56. When we switch over and look at the enterprise to sales, we see a ratio of 5.99. The receivables turnover for the company is 2.52for trailing twelve months and the total asset turnover is 0.16.
Conclusion
To sum up, Mr. Cooper Group Inc (COOP) has seen a better performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
