The Cooper Companies Inc. (COO): Mean Target Price for Healthcare Sector stood at $330.00


The Cooper Companies Inc. (NYSE:COO) changes shares on Tuesday trading session, with a change of 0.52% or $1.55 shares. The trading starts at $293.79 and closed at $295.36 throughout the day. The trading session low price was $291.20 and day high was $299.38 on Tuesday, August 04. After the session, the Healthcare sector daily volume shifted to 0.41 million while its average volume is 379.99K. In other hand, the COO market cap reached to $15.82B. While, its current target price is $328.27.

On June 4, 2020, BRIEF-Cooper Companies Reports Q2 GAAP Earnings Per Share $0.23. According to the news reported on Reuters, * Q2 REVENUE $524.9 MILLION VERSUS REFINITIV IBES ESTIMATE OF $591.6 MILLION

Checking out the performance report which defines the increase or decrease of prices for a specific period. For the last 5 trading sessions, its performance is up 5.47% and up 4.11% for month. Its quarterly performance was 2.07% above, while its half year performance is down -15.20%. COO yearly performance stood at negative -8.83% and fall -7.59% for year-to-date. Current recommendation for The Cooper Companies Inc. is 2.10.

Earnings per share or EPS is an important financial measure, which defines the profitability of a company. COO EPS (TTM) for 12-month is 6.75. EPS for this year is 29.20%, while for the next year its value is 12.17. Sales growth for the current quarter is 4.40 while its EPS Q/Q reached -90.60%. It has an EPS of 10.80% up for past five years and for the next five years will be up 10.00%.

Let’s take a look on the analyst recommendations on COO for the current month and previous month. For the current month, 6 of 13 analysts recommend stock as Buy while 0 as Sell, 1 as overweight, 0 as underweight and 6 as Hold. As compared with the previous month ratings, 13 analysts participate in stock recommendation. Out of 13, 0 rated it sell, 6 rated it as Buy and 5 as Hold Ratings. On the other hand, target price ranges from $285.00 – $351.00. Average target price for COO was reached at $324.64.

The insider ownership moved to 0.30% and institutional holding shifted to 90.90%.

The company posted an EPS (TTM) of 6.75. According to the most recent quarter report on (Jul 2020), 13 analysts estimated an average EPS of 1.51, while 3.23 EPS posted a year ago period. Analyst Estimated EPS for COO published in the report was $1.19 – $1.79 during the same period. Comparing with last year, the average estimated EPS was 3.23 which is higher than 1.51 which was posted for recent quarter EPS.

A brief look on simple moving average (SMA) that determines the market price can impact a market. The SMA for COO fall -3.09% for period of 200 days. SMA for 50 days was 1.09% which is showing green signal, while SMA-20 was 3.33%. The moving average value for The Cooper Companies Inc. (COO) is 851.2k and 1.61% for 200 and 50 days respectively.

Let’s take a look on the insider transactions, in which multiple shareholders are showing interest in COO stock. On Jul 08, White Albert G III, President & CEO, bought 1,000 trading shares at the cost of $278.23, which valued at 0.28 million. On Jul 08, Sheffield Holly R, EVP, CSO, bought 534 shares at the cost of $280.20, with total shares of 1,414. On Jul 08, Sheffield Holly R, EVP, CSO, bought 355 shares at the cost of 280.00. After this transaction, Sheffield Holly R total shares reached to 1,285 which valued at 99400.0.