Cooper Companies, Inc (NASDAQ: COO) is -5.95% lower on its value in year-to-date trading and has touched a low of $84.76 and a high of $112.38 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 $87.29 in the last trading session, with the day’s loss setting it -0.83%.
Currently trading at $86.46, the stock is -8.51% and -8.08% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 5.22 million and changing -0.95% at the moment leaves the stock -11.19% off its SMA200. COO registered -7.67% loss for a year compared to 6-month loss of -8.16%.
The stock witnessed a -7.30% gain in the last 1 month and extending the period to 3 months gives it a -13.42%, and is -7.48% down 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 2.94% over the week and 2.22% over the month.
Cooper Companies, Inc (COO) has around 16000 employees, a market worth around $17.26B and $3.90B in sales. Current P/E ratio is 44.21 and Fwd P/E is 19.51. Profit margin for the company is 10.07%. Distance from 52-week low is 2.01% and -23.06% from its 52-week high. The company has generated returns on investments over the last 12 months (3.61%).
with sales reaching $981.25M over the same period.The EPS is expected to grow by 7.85% this year, but quarterly earnings will post 5.91% year-over-year. Quarterly sales are estimated to grow 5.33% in year-over-year returns.
The shares outstanding are 199.60M, and float is at 198.26M with Short Float at 1.45%.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 23.72 million shares valued at $2.07 billion. The investor’s holdings represent 11.9235 of the COO Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 17.4 million shares valued at $1.52 billion to account for 8.7499 of the shares outstanding. The other top investors are STATE STREET CORP which holds 8.49 million shares representing 4.2623 and valued at over $740.84 million, while KAYNE ANDERSON RUDNICK INVESTMENT MANAGEMENT LLC holds 3.928 of the shares totaling 7.82 million with a market value of $682.74 million.
Cooper Companies, Inc (COO) Insider Activity
The most recent transaction is an insider sale by White Albert G III, the company’s President & CEO. SEC filings show that White Albert G III sold 114,992 shares of the company’s common stock on Sep 19 ’24 at a price of $110.53 per share for a total of $12.71 million. Following the sale, the insider now owns 0.17 million shares.
Still, SEC filings show that on Sep 10 ’24, Ricupati Agostino (SVP & CAO) disposed off 1,601 shares at an average price of $108.03 for $0.17 million. The insider now directly holds 4,818 shares of Cooper Companies, Inc (COO).
