During the last session, Cooper Companies, Inc. (NASDAQ:COO)’s traded shares were 0.89 million, with the beta value of the company hitting 0.99. At the end of the trading day, the stock’s price was $106.74, reflecting an intraday gain of 0.41% or $0.44. The 52-week high for the COO share is $112.38, that puts it down -5.28 from that peak though still a striking 28.86% gain since the share price plummeted to a 52-week low of $75.93. The company’s market capitalization is $21.26B, and the average intraday trading volume over the past 10 days was 0.97 million shares, and the average trade volume was 1.14 million shares over the past three months.
Cooper Companies, Inc. (COO) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 1.95. COO has a Sell rating from 0 analyst(s) out of 10 analysts who have looked at this stock. 4 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 6 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be 1.0.
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
Cooper Companies, Inc. (NASDAQ:COO) trade information
Cooper Companies, Inc. (COO) registered a 0.41% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 0.41% in intraday trading to $106.74, hitting a weekly high. The stock’s 5-day price performance is 0.77%, and it has moved by -1.95% in 30 days. Based on these gigs, the overall price performance for the year is 37.40%. The short interest in Cooper Companies, Inc. (NASDAQ:COO) is 1.68 million shares and it means that shorts have 1.5 day(s) to cover.
The consensus price target of analysts on Wall Street is $368, which implies an increase of 70.99% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $115 and $480 respectively. As a result, COO is trading at a discount of -349.69% off the target high and -7.74% off the low.
Cooper Companies, Inc. (COO) estimates and forecasts
Statistics show that Cooper Companies, Inc. has outperformed its competitors in share price, compared to the industry in which it operates. Cooper Companies, Inc. (COO) shares have gone up 14.14% during the last six months, with a year-to-date growth rate more than the industry average at 13.75% against 6.90. Yet analysts are ramping up their growth forecast for the fiscal year 2024. Revenue is predicted to grow 14.90% this quarter and then jump 11.80% in the quarter after that. In the rating firms’ projections, revenue will increase 8.70% compared to the previous financial year.
As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 1.03B as predicted by 12 analyst(s). Meanwhile, a consensus of 7 analyst(s) estimates revenue growth to 1B by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 927.1M and 915.94M respectively. In this case, analysts expect current quarter sales to grow by 10.70% and then jump by 9.60% in the coming quarter.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings grew an estimated 15.98%. While earnings are projected to return 14.13% in 2024, the next five years will return 12.43% per annum.
COO Dividends
Cooper Companies, Inc. is due to release its next quarterly earnings on 2024-Dec-05. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance. The average dividend yield of the company for the last 5 years is 0.02%.
Cooper Companies, Inc. (NASDAQ:COO)’s Major holders
Cooper Companies, Inc. insiders own 0.54% of total outstanding shares while institutional holders control 98.96%, with the float percentage being 99.50%. VANGUARD GROUP INC is the largest shareholder of the company, while 947.0 institutions own stock in it. As of 2024-06-30, the company held over 23.72 million shares (or 11.9235% of all shares), a total value of $2.07 billion in shares.
The next largest institutional holding, with 17.4 million shares, is of BLACKROCK INC.’s that is approximately 8.7499% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $1.52 billion.
Also, the Mutual Funds coming in first place with the largest holdings of Cooper Companies, Inc. (COO) shares are Vanguard Total Stock Market Index Fund and Vanguard 500 Index Fund . Data provided on Jun 30, 2024 indicates that Vanguard Total Stock Market Index Fund owns about 6.29 shares. This amounts to just over 3.16 percent of the company’s overall shares, with a $670.95 million market value. The same data shows that the other fund manager holds slightly less at 5.1, or about 2.56% of the stock, which is worth about $544.5 million.
