The Cooper Companies, Inc. (NASDAQ:COO – Get Free Report) was the target of some unusual options trading on Tuesday. Investors purchased 4,056 call options on the stock. This is an increase of approximately 411% compared to the typical volume of 794 call options.
Analysts Set New Price Targets
Several equities research analysts have issued reports on COO shares. Stifel Nicolaus cut their price objective on shares of Cooper Companies from $95.00 to $85.00 and set a “buy” rating for the company in a research report on Friday, June 5th. Wells Fargo & Company reiterated a “sell” rating and set a $66.00 price objective (down from $82.00) on shares of Cooper Companies in a research note on Friday, June 5th. Wall Street Zen upgraded Cooper Companies from a “hold” rating to a “buy” rating in a research note on Sunday, June 21st. BNP Paribas Exane decreased their price target on shares of Cooper Companies from $95.00 to $92.00 and set an “outperform” rating on the stock in a report on Monday, June 8th. Finally, JPMorgan Chase & Co. lowered their target price on Cooper Companies from $80.00 to $71.00 and set a “neutral” rating for the company in a report on Friday, June 5th. One analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, six have assigned a Hold rating and three have issued a Sell rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $81.64.
Check Out Our Latest Stock Report on Cooper Companies
Institutional Investors Weigh In On Cooper Companies
Cooper Companies Trading Down 2.4%
COO traded down $1.84 during trading on Tuesday, hitting $73.96. The company’s stock had a trading volume of 126,403 shares, compared to its average volume of 2,335,153. The firm has a market capitalization of $14.42 billion, a P/E ratio of 62.67, a PEG ratio of 1.99 and a beta of 0.83. The stock’s fifty day moving average price is $72.09 and its 200-day moving average price is $71.07. The company has a quick ratio of 0.78, a current ratio of 1.27 and a debt-to-equity ratio of 0.23. Cooper Companies has a twelve month low of $58.89 and a twelve month high of $89.83.
Cooper Companies (NASDAQ:COO – Get Free Report) last issued its earnings results on Thursday, June 4th. The medical device company reported $1.21 EPS for the quarter, beating analysts’ consensus estimates of $1.10 by $0.11. Cooper Companies had a return on equity of 10.88% and a net margin of 5.57%.The business had revenue of $1.08 billion during the quarter, compared to analyst estimates of $1.05 billion. During the same period in the previous year, the company posted $0.96 EPS. The firm’s revenue was up 7.9% compared to the same quarter last year. Cooper Companies has set its FY 2026 guidance at 4.580-4.660 EPS. Analysts anticipate that Cooper Companies will post 4.63 EPS for the current year.
About Cooper Companies
Cooper Companies, Inc (NASDAQ: COO) is a global medical device company headquartered in San Ramon, California. Founded in 1958, the company has grown through strategic acquisitions and organic development to become a major provider of vision care and women’s health products. Cooper Companies operates through two primary business segments—CooperVision and CooperSurgical—each serving specialized markets within the healthcare industry.
The CooperVision segment develops, manufactures and markets a broad range of soft contact lenses, as well as related accessories.
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