Mr. Cooper Group Inc (NASDAQ: COOP) has seen a rise in its stock price by 1.69 in relation to its previous close of 101.44. However, the company has experienced a 12.86% gain in its stock price over the last five trading sessions. businesswire.com reported 2025-01-09 that DALLAS–(BUSINESS WIRE)–Mr. Cooper Group Inc. (NASDAQ: COOP) announced today that Mike Rawls, Chief Executive Officer of Xome®, plans to retire effective June 30, 2025, and Chris Marshall, former Vice Chairman and President at Mr. Cooper, will join Xome to lead its operations. Rawls and Marshall will work together over the coming months to ensure a smooth transition. “Since taking on the role of CEO in 2020, Mike has skillfully led Xome to become the powerhouse real estate marketplace it is to.
Is It Worth Investing in Mr. Cooper Group Inc (NASDAQ: COOP) Right Now?
Mr. Cooper Group Inc (NASDAQ: COOP) has a price-to-earnings ratio of 13.32x that is above its average ratio. Additionally, the 36-month beta value for COOP is 1.43. There are mixed opinions on the stock, with 4 analysts rating it as a “buy,” 3 rating it as “overweight,” 3 rating it as “hold,” and 0 rating it as “sell.”
The public float for COOP is 61.73M and currently, short sellers hold a 3.06% ratio of that float. The average trading volume of COOP on January 17, 2025 was 484.45K shares.
COOP’s Market Performance
The stock of Mr. Cooper Group Inc (COOP) has seen a 12.86% increase in the past week, with a 5.01% rise in the past month, and a 6.33% gain in the past quarter. The volatility ratio for the week is 2.52%, and the volatility levels for the past 30 days are at 2.61% for COOP. The simple moving average for the last 20 days is 8.15% for COOP stock, with a simple moving average of 16.42% for the last 200 days.
Analysts’ Opinion of COOP
Many brokerage firms have already submitted their reports for COOP stocks, with JMP Securities repeating the rating for COOP by listing it as a “Mkt Outperform.” The predicted price for COOP in the upcoming period, according to JMP Securities is $115 based on the research report published on January 14, 2025 of the current year 2025.
Keefe Bruyette, on the other hand, stated in their research note that they expect to see COOP reach a price target of $95. The rating they have provided for COOP stocks is “Mkt Perform” according to the report published on July 22nd, 2024.
Deutsche Bank gave a rating of “Buy” to COOP, setting the target price at $88 in the report published on January 10th of the previous year.
COOP Trading at 6.68% 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 0.10% of gains for the given period.
Volatility was left at 2.61%, however, over the last 30 days, the volatility rate increased by 2.52%, as shares surge +4.76% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +13.84% upper at present.
During the last 5 trading sessions, COOP rose by +12.84%, which changed the moving average for the period of 200-days by +36.00% in comparison to the 20-day moving average, which settled at $95.38. In addition, Mr. Cooper Group Inc saw 7.44% 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 30,000 shares at the price of $94.49 back on Jan 02 ’25. After this action, Bray Jesse K now owns 758,821 shares of Mr. Cooper Group Inc, valued at $2,834,700 using the latest closing price.
Jesse K. Bray, the Director of Mr. Cooper Group Inc, proposed sale 120,000 shares at $96.96 during a trade that took place back on Jan 02 ’25, which means that Jesse K. Bray is holding shares at $11,635,200 based on the most recent closing price.
Stock Fundamentals for COOP
Current profitability levels for the company are sitting at:
- 0.34 for the present operating margin
- 0.44 for the gross margin
The net margin for Mr. Cooper Group Inc stands at 0.24. The total capital return value is set at 0.07. Equity return is now at value 11.43, with 3.45 for asset returns.
Based on Mr. Cooper Group Inc (COOP), the company’s capital structure generated 0.67 points at debt to capital in total, while cash flow to debt ratio is standing at 0.02. The debt to equity ratio resting at 2.0. The interest coverage ratio of the stock is 4.57.
Currently, EBITDA for the company is 699.0 million with net debt to EBITDA at 11.39. When we switch over and look at the enterprise to sales, we see a ratio of 7.13. The receivables turnover for the company is 2.26for trailing twelve months and the total asset turnover is 0.13.
Conclusion
In conclusion, Mr. Cooper Group Inc (COOP) has seen better 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 is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
