Cooper Companies, Inc [NASDAQ: COO] loss -0.89% or -0.73 points to close at $81.57 with a heavy trading volume of 1901475 shares.
The daily chart for COO points out that the company has recorded -22.46% loss over the past six months.
If we look at the average trading volume of 2.08M shares, COO reached to a volume of 1901475 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying about Cooper Companies, Inc [COO]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for COO shares is $107.79 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on COO stock is a recommendation set at 1.76. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Piper Sandler have made an estimate for Cooper Companies, Inc shares, keeping their opinion on the stock as Overweight, with their previous recommendation back on August 29, 2024. While these analysts kept the previous recommendation, Jefferies raised their target price from $107 to $115. The new note on the price target was released on July 16, 2024, representing the official price target for Cooper Companies, Inc stock. Previously, the target price had yet another raise to $125, while Redburn Atlantic analysts kept a Buy rating on COO stock. On March 13, 2024, analysts increased their price target for COO shares from 100 to 120.
The Average True Range (ATR) for Cooper Companies, Inc is set at 2.55, with the Price to Sales ratio for COO stock in the period of the last 12 months amounting to 4.15. The Price to Book ratio for the last quarter was 2.01, with the Price to Cash per share for the same quarter was set at 0.51. Price to Free Cash Flow for COO in the course of the last twelve months was 42.40 with Quick ratio for the last quarter at 1.14.
Trading performance analysis for COO stock
Cooper Companies, Inc [COO] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -0.34. With this latest performance, COO shares gained by 4.35% in over the last four-week period, additionally sinking by -22.46% over the last 6 months – not to mention a drop of -9.02% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for COO stock in for the last two-week period is set at 52.08, with the RSI for the last a single of trading hit 54.63, and the three-weeks RSI is set at 49.70 for Cooper Companies, Inc [COO]. The present Moving Average for the last 50 days of trading for this stock 82.10, while it was recorded at 81.78 for the last single week of trading, and 94.86 for the last 200 days.
Cooper Companies, Inc [COO]: A deeper dive into fundamental analysis
Cooper Companies, Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.14 and a Current Ratio set at 1.99.
Cooper Companies, Inc [COO]: An earnings per share (EPS) analysis
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for COO. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Cooper Companies, Inc go to 10.03%.
An analysis of Institutional ownership at Cooper Companies, Inc [COO]
The top three institutional holders of COO stocks are: VANGUARD GROUP INC with ownership of 23.72 million shares, which is approximately 11.9116%. BLACKROCK INC., holding 17.4 million shares of the stock with an approximate value of $$1.52 billion in COO stocks shares; and BLACKROCK INC., currently with $$740.84 million in COO stock with ownership which is approximately 4.2623%.
