Cooper Companies, Inc. (NASDAQ:COO)’s traded shares stood at 3.27 million during the last session, with the company’s beta value hitting 0.98. At the close of trading, the stock’s price was $107.82, to imply an increase of 0.48% or $0.52 in intraday trading. The COO share’s 52-week high remains $112.38, putting it -4.23% down since that peak but still an impressive 29.58% since price per share fell to its 52-week low of $75.93. The company has a valuation of $21.47B, with an average of 1.42 million shares in intraday trading volume over the past 10 days and average of 1.09 million shares over the past 3 months.
Analysts have given a consensus recommendation of Buy for Cooper Companies, Inc. (COO), translating to a mean rating of 1.95. Of 10 analyst(s) looking at the stock, 0 analyst(s) give COO a Sell rating. 0 of those analysts rate the stock as Overweight while 4 advise Hold as 6 recommend it as a Buy. 0 analyst(s) have given it an Underweight rating. Estimates put the company’s current-quarter earnings per share at 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
After registering a 0.48% upside in the last session, Cooper Companies, Inc. (COO) has traded red over the past five days. The 5-day price performance for the stock is -0.41%, and -1.57% over 30 days. With these gigs, the year-to-date price performance is 13.96%. Short interest in Cooper Companies, Inc. (NASDAQ:COO) saw shorts transact 1.68 million shares and set a 1.5 days time to cover.
The extremes give us $115 and $480 for target low and target high price respectively. As such, COO has been trading -345.19% off suggested target high and -6.66% from its likely low.
Cooper Companies, Inc. (COO) estimates and forecasts
Looking at statistics comparing Cooper Companies, Inc. share performance against respective industry, we note that the company has outperformed competitors. Cooper Companies, Inc. (COO) shares are 21.36% up over the last 6 months, with its year-to-date growth rate higher than industry average at 14.06% against 6.70%. Revenue is forecast to grow 14.90% this quarter before jumping 11.80% for the next one. The rating firms project that company’s revenue will grow 8.70% compared to the previous financial year.
Revenue forecast for the current quarter as set by 12 analysts is 1.03B. Meanwhile, for the current quarter, a total of 7 analyst(s) estimate revenue growth to 1B.Earnings reports from the last fiscal year show that sales brought in 927.1M and 915.94M respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to rise 10.70% before jumping 9.60% in the following quarter.
An assessment of the company’s 5-year growth patterns shows that annual earnings grew an estimated 15.98% for the past 5-year period. While 2024 is set for a 14.13% return in earnings, projections for the next 5 years are at 12.43% annually.
COO Dividends
Cooper Companies, Inc. has its next earnings report out on 2024-Dec-05. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too. The company’s average dividend yield trailing the past 5-year period is 0.02%.
Cooper Companies, Inc. (NASDAQ:COO)’s Major holders
Cooper Companies, Inc. insiders hold 0.54% of total outstanding shares, with institutional holders owning 98.81% of the shares at 99.35% float percentage. In total, 98.81% institutions holds shares in the company, led by VANGUARD GROUP INC. As of 2024-06-30, the company held over 23.72 million shares (or 11.9235% of shares), all amounting to roughly $2.07 billion.
The next major institution holding the largest number of shares is BLACKROCK INC. with 17.4 million shares, or about 8.7499% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $1.52 billion.
We also have Vanguard Total Stock Market Index Fund and Vanguard 500 Index Fund as the top two Mutual Funds with the largest holdings of the Cooper Companies, Inc. (COO) shares. Going by data provided on Jun 30, 2024 , Vanguard Total Stock Market Index Fund holds roughly 6.29 shares. This is just over 3.16% of the total shares, with a market valuation of $677.74 million. Data from the same date shows that the other fund manager holds a little less at 5.1, or 2.56% of the shares, all valued at about 550.01 million.
