Cooper Companies, Inc (NASDAQ: COO) has a price-to-earnings ratio of 45.93x that is above its average ratio. Additionally, the 36-month beta value for COO is 1.00. There are mixed opinions on the stock, with 9 analysts rating it as a “buy,” 2 rating it as “overweight,” 7 rating it as “hold,” and 0 rating it as “sell.”
The public float for COO is 198.58M and currently, short sellers hold a 1.40% ratio of that float. The average trading volume of COO on January 10, 2025 was 1.31M shares.
COO) stock’s latest price update
The stock price of Cooper Companies, Inc (NASDAQ: COO) has plunged by -2.23 when compared to previous closing price of 91.88, but the company has seen a -0.91% decline in its stock price over the last five trading sessions. zacks.com reported 2025-01-10 that COO benefits from strength in its business segments. Its acquisitions are likely to drive the top line.
COO’s Market Performance
COO’s stock has fallen by -0.91% in the past week, with a monthly drop of -9.50% and a quarterly drop of -15.88%. The volatility ratio for the week is 1.99% while the volatility levels for the last 30 days are 2.00% for Cooper Companies, Inc The simple moving average for the past 20 days is -3.43% for COO’s stock, with a -7.78% simple moving average for the past 200 days.
Analysts’ Opinion of COO
Many brokerage firms have already submitted their reports for COO stocks, with Piper Sandler repeating the rating for COO by listing it as a “Overweight.” The predicted price for COO in the upcoming period, according to Piper Sandler is $120 based on the research report published on August 29, 2024 of the previous year 2024.
Jefferies, on the other hand, stated in their research note that they expect to see COO reach a price target of $115, previously predicting the price at $107. The rating they have provided for COO stocks is “Buy” according to the report published on July 16th, 2024.
Redburn Atlantic gave a rating of “Buy” to COO, setting the target price at $125 in the report published on March 19th of the previous year.
COO Trading at -8.92% from the 50-Day Moving Average
After a stumble in the market that brought COO to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -20.06% of loss for the given period.
Volatility was left at 2.00%, however, over the last 30 days, the volatility rate increased by 1.99%, as shares sank -9.25% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -14.78% lower at present.
During the last 5 trading sessions, COO fell by -0.82%, which changed the moving average for the period of 200-days by -10.86% in comparison to the 20-day moving average, which settled at $93.03. In addition, Cooper Companies, Inc saw -2.28% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at COO starting from White Albert G III, who sale 114,992 shares at the price of $110.53 back on Sep 19 ’24. After this action, White Albert G III now owns 165,273 shares of Cooper Companies, Inc, valued at $12,710,041 using the latest closing price.
Albert G. White III, the Officer of Cooper Companies, Inc, proposed sale 114,992 shares at $110.53 during a trade that took place back on Sep 19 ’24, which means that Albert G. White III is holding shares at $12,709,660 based on the most recent closing price.
Stock Fundamentals for COO
Current profitability levels for the company are sitting at:
- 0.18 for the present operating margin
- 0.63 for the gross margin
The net margin for Cooper Companies, Inc stands at 0.1. The total capital return value is set at 0.06. Equity return is now at value 5.02, with 3.27 for asset returns.
Based on Cooper Companies, Inc (COO), the company’s capital structure generated 0.24 points at debt to capital in total, while cash flow to debt ratio is standing at 0.27. The debt to equity ratio resting at 0.32. The interest coverage ratio of the stock is 5.52.
Currently, EBITDA for the company is 705.7 million with net debt to EBITDA at 2.45. When we switch over and look at the enterprise to sales, we see a ratio of 5.26. The receivables turnover for the company is 5.43for trailing twelve months and the total asset turnover is 0.32. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.91.
Conclusion
In conclusion, Cooper Companies, Inc (COO) has seen bad performance in recent times. Analysts have a bullish opinion on the stock, with some rating it as a “buy” and others rating it as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
