Cooper Companies, Inc. (NASDAQ: COO) is -1.00% lower on its value in year-to-date trading and has touched a low of $75.93 and a high of $104.07 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The COO stock was last observed hovering at around $95.89 in the last trading session, with the day’s loss setting it -2.23%.
Currently trading at $93.66, the stock is 0.84% and 2.86% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.23 million and changing -2.33% at the moment leaves the stock 1.16% off its SMA200. COO registered 0.69% gain for a year compared to 6-month loss of -4.51%.
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
The stock witnessed a 3.30% gain in the last 1 month and extending the period to 3 months gives it a -3.20%, and is 2.45% 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 2.15% over the week and 2.34% over the month.
Cooper Companies, Inc. (COO) has around 15000 employees, a market worth around $18.65B and $3.73B in sales. Current P/E ratio is 55.08 and Fwd P/E is 23.58. Profit margin for the company is 9.11%. Distance from 52-week low is 23.34% and -10.00% from its 52-week high. The company has generated returns on investments over the last 12 months (3.24%).
The EPS is expected to grow by 11.61% this year
941.0 institutions hold shares in Cooper Companies, Inc. (COO), with institutional investors hold 99.50% of the company’s shares. The shares outstanding are 198.00M, and float is at 197.93M with Short Float at 1.13%. Institutions hold 98.96% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 23.1 million shares valued at $2.34 billion. The investor’s holdings represent 11.6139 of the COO Shares outstanding. As of 2024-03-31, the second largest holder is BLACKROCK INC. with 17.53 million shares valued at $1.78 billion to account for 8.8124 of the shares outstanding. The other top investors are STATE STREET CORP which holds 8.41 million shares representing 4.2287 and valued at over $853.37 million, while KAYNE ANDERSON RUDNICK INVESTMENT MANAGEMENT LLC holds 3.8157 of the shares totaling 7.59 million with a market value of $770.02 million.
Cooper Companies, Inc. (COO) Insider Activity
The most recent transaction is an insider sale by Ricupati Agostino, the company’s SVP & CAO. SEC filings show that Ricupati Agostino sold 54,724 shares of the company’s common stock on Mar 18 ’24 at a price of $100.89 per share for a total of $5.52 million. Following the sale, the insider now owns 5081.0 shares.
Cooper Companies, Inc. disclosed in a document filed with the SEC on Mar 07 ’24 that WEISS ROBERT S (Director) sold a total of 153,213 shares of the company’s common stock. The trade occurred on Mar 07 ’24 and was made at $102.21 per share for $15.66 million. Following the transaction, the insider now directly holds 0.28 million shares of the COO stock.
Still, SEC filings show that on Mar 08 ’24, WEISS ROBERT S (Director) disposed off 88,075 shares at an average price of $102.18 for $9.0 million. The insider now directly holds 282,772 shares of Cooper Companies, Inc. (COO).
