Mr. Cooper Group Inc. (NASDAQ: COOP) is 6.34% higher on its value in year-to-date trading and has touched a low of $35.81 and a high of $52.34 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The COOP stock was last observed hovering at around $43.51 in the last trading session, with the day’s gains setting it 0.74%.
Currently trading at $44.25, the stock is 6.52% and 4.92% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.23 million and changing 1.70% at the moment leaves the stock 1.99% off its SMA200. COOP registered 5.13% gain for a year compared to 6-month gain of 5.43%.
The stock witnessed a -0.90% loss in the last 1 month and extending the period to 3 months gives it a -2.04%, and is 2.74% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.92% over the week and 4.12% over the month.
Mr. Cooper Group Inc. (COOP) has around 8200 employees, a market worth around $3.09B and $2.79B in sales. Current P/E ratio is 3.08 and Fwd P/E is 9.32. Profit margin for the company is 38.70%. Distance from 52-week low is 23.57% and -15.46% from its 52-week high. The company has generated returns on investments over the last 12 months (13.70%).
Mr. Cooper Group Inc. (COOP) Analyst Forecasts
The EPS is expected to grow by 418.00% this year
Mr. Cooper Group Inc. (COOP) Top Institutional Holders
The shares outstanding are 71.17M, and float is at 69.06M with Short Float at 4.90%.
Mr. Cooper Group Inc. (COOP) Insider Activity
A total of 6 insider transactions have happened at Mr. Cooper Group Inc. (COOP) in the last six months, with sales accounting for 6 and purchases happening 0 times. The most recent transaction is an insider sale by Bray Jesse K, the company’s Chief Executive Officer. SEC filings show that Bray Jesse K sold 21,000 shares of the company’s common stock on Oct 28 at a price of $40.18 per share for a total of $0.84 million. Following the sale, the insider now owns 0.74 million shares.
Mr. Cooper Group Inc. disclosed in a document filed with the SEC on Sep 28 that Bray Jesse K (Chief Executive Officer) sold a total of 21,000 shares of the company’s common stock. The trade occurred on Sep 28 and was made at $40.89 per share for $0.86 million. Following the transaction, the insider now directly holds 0.76 million shares of the COOP stock.
Still, SEC filings show that on Aug 22, Bray Jesse K (Chief Executive Officer) disposed off 46,000 shares at an average price of $43.41 for $2.0 million. The insider now directly holds 562,767 shares of Mr. Cooper Group Inc. (COOP).