The Cooper Companies Inc. (NYSE:COO) shares fell to a low of $381.12 before closing at $385.00. Intraday shares traded counted 0.19 million, which was 27.63% higher than its 30-day average trading volume of 262.31K. COO’s previous close was $378.99 while the outstanding shares total 49.10M. The firm has a beta of 0.84, a 12-month trailing P/E ratio of 80.09, and a growth ratio of 8.01. The stock’s Relative Strength Index (RSI) is 59.74, with weekly volatility at 1.60% and ATR at 8.76. The COO stock’s 52-week price range has touched low of $236.68 and a $391.96 high. The stock traded higher over the last trading session, gaining 1.59% on 02/11/21.
Investors have identified the Medical Instruments & Supplies company The Cooper Companies Inc. as an interesting stock but before investments are made there, an in-depth look at its trading activities will have to be conducted. The share is trading with a market value of around $18.78 billion, the company now has both obstacles and catalysts that affect them and they came from their mode of operations. With the company affected by events currently, it is a perfect time to analyze the numbers behind the firm in order to come up with a rather realistic picture of what this stock is.
The Cooper Companies Inc. (COO) Fundamentals that are to be considered.
When analyzing a stock, the first fundamental thing to take into account is the balance sheet. How healthy the balance sheet of a company is will determine if the company will be able to carry out all its financial and non-financial obligations and also keep the faith of its investors. For COO, the company has in raw cash 115.9 million on their books with 409.3 million currently as liabilities. How the trend is over time is what investors should be concerned about. The company has a healthy balance sheet as their debt profile has been on a decline. In terms of their assets, the company currently has 1.27 billion total, with 1.0 billion as their total liabilities.
Having a look at the company’s valuation, the company is expected to record 14.13 total earnings per share during the next fiscal year. It is very important though to remember that the importance of trend far outweighs that of outlook. This analysis has been great and getting further updates on COO sounds very interesting.
Is the stock of COO attractive?
In related news, Special Advisor to the CEO, Auerbach Robert D sold 2,538 shares of the company’s stock in a transaction that recorded on Oct 08. The sale was performed at an average price of 350.00, for a total value of 888,300. As the sale deal closes, the Director, PETERSMEYER GARY S now sold 1,000 shares of the company’s stock, valued at 348,540. Also, Director, Lindell Jody S sold 6,500 shares of the company’s stock in a deal that was recorded on Sep 16. The shares were price at an average price of 338.69 per share, with a total market value of 2,201,453. Following this completion of acquisition, the President & CEO, White Albert G III now holds 1,000 shares of the company’s stock, valued at 278,230. In the last 6 months, insiders have changed their ownership in shares of company stock by 0.20%.
7 out of 15 analysts covering the stock have rated it a Buy, while 5 have maintained a Hold recommendation on The Cooper Companies Inc.. 1 analysts has assigned a Sell rating on the COO stock. The 12-month mean consensus price target for the company’s shares has been set at $374.92.