The Cooper Companies Inc. (NYSE:COO) went down by -0.77% during the previous trading session, and it is maintaining the win ahead of Wednesday’s trading session. The share price of the Medical Instruments & Supplies giant went up by $280.08 to trade ended Wednesday trading at $282.26. This is down from the $282.26 price recorded on Tuesday’s trading session. Its performance from the start of the year has also been negative, with COO down by -12.83% year-to-date.
The Cooper Companies Inc. (COO) started the day trading at $282.91 and recorded an intraday high of $283.81. It also recorded an intraday low of $277.6 during Wednesday’s trading session. The Cooper Companies Inc. is a very active stock that recorded a trading volume that is more than 16.07% of the average daily trading volume on Wednesday. The stock’s trading volume on Wednesday was 448170, which is more than 16.07 of the total average daily trading volume of 376.16K.
The Cooper Companies Inc. (NYSE:COO) 2020 Performance Impressive
The increase in COO’s stock price on Wednesday saw its overall performance boost over the past few months. We can quantify the performance of the stock so far this year using a few metrics. The 52-week high price of COO currently stands at $365.68, which is higher than the current trading price of the stock by 23.41%. However, COO’s current trading price is -18.34% lower than the 52-week low price of $236.68. In terms of trading volume, The Cooper Companies Inc. currently experienced healthy participation during the last trading session. 448170 shares of The Cooper Companies Inc. were traded on the stock exchange on Wednesday, which is more than 16.07% of the 376.16K average trading volume of the stock.
The performance of the stock has been positive over the past year. COO’s performance over the past one year has seen it plunge by -15.87%, while the stock has gone down by -13.57% in the last six months. The quarterly performance of COO currently stands at -4.29%, and it is down by -12.56% in the last month. The only negative figure was from the weekly performance, which currently reads -1.26%. At the time of writing COO’s report, the company has a total market cap of $14.81B, making it one of the largest publicly-traded companies in the world.The Cooper Companies Inc. also has over 12000 employees all over the world.
COO Insider Activities
For The Cooper Companies Inc., insiders hold 91.60% of all company shares. The insider transactions over the past six months are up by 12.10%. During that period, insiders bought 22,156 shares in 19 transactions. In that same period, insiders sold 14,183 of their shares in 17 transactions. After these transactions, insiders at The Cooper Companies Inc. now hold 259.91k shares, which is over 92.91% of the total company stocks. Institutional investors currently hold a large chunk of the COO shares, as they control 0.53% of the company’s total stock.
COO Fundamental Analysis
For The Cooper Companies Inc., the stock’s diluted earnings per share (EPS) stands at 6.75. In the coming year, analysts expect the EPS to be 12.27. The EPS growth will up over the next five years to 10.00% after surging by 10.80% in the previous five years. In terms of revenue, The Cooper Companies Inc.’s quarterly sales (YOY) is growing at 1.53, which is lower than the average annual revenue of 10.80% over the past half a decade.
The Return on Investment (ROI) on The Cooper Companies Inc.’s stock currently stands at 9.70%, and it has a net profit margin of 13.50%. The operating margin of the company is 16.90%, and its gross margin is 65.10%.
COO Analysts Prediction
Stifel and Stifel also believe that The Cooper Companies Inc.’s stock is outperforming at the moment. COO received a positive rating from Stifel, which set a price target of $275-$265 for the stock.
At the moment, The Cooper Companies Inc.’s Total Debt to Equity ratio stands at 0.52, and they have a long-term Debt to Equity ratio of 0.37.
COO Technical Analysis
The Simple Moving Average (SMA) is one of the most powerful technical indicators. The 20-day Simple Moving Average of COO currently stands at -3.25%, while the SMA50 is -5.58%. The biggest one is the SMA200, which is currently reading -8.78% ahead of Wednesday’s trading session. The Relative Strength Index of this stock is 41.45, while its price to earnings ratio (P/E) is 41.47.