Somewhat Favorable Media Coverage Somewhat Unlikely to Impact Cooper Companies, Inc. (The) (COO) Share Price
Headlines about Cooper Companies, Inc. (The) (NYSE:COO) have trended somewhat positive recently, Accern Sentiment reports. The research group scores the sentiment of news coverage by reviewing more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Cooper Companies, Inc. (The) earned a daily sentiment score of 0.16 on Accern’s scale. Accern also assigned press coverage about the medical device company an impact score of 46.6495764320276 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.
These are some of the media headlines that may have effected Accern’s scoring:
- ‘We can no longer tolerate these chronic trade abuses’: Trump lashes out at China and others (cnbc.com)
- Trump to set out vision for Asia in Vietnam (feeds.reuters.com)
- White House says Trump and Putin will not have separate meeting at APEC (feeds.reuters.com)
- Putin and Trump to meet on Friday at APEC summit: agencies cite Kremlin (feeds.reuters.com)
- Kremlin says Putin meeting with Trump at APEC ‘highly likely’ (feeds.reuters.com)
Cooper Companies, Inc. (COO) opened at $231.95 on Friday. Cooper Companies, Inc. has a 1-year low of $158.73 and a 1-year high of $256.39. The stock has a market cap of $11,281.82, a P/E ratio of 24.65, a PEG ratio of 1.98 and a beta of 0.55. The company has a current ratio of 2.51, a quick ratio of 1.29 and a debt-to-equity ratio of 0.38.
Cooper Companies, Inc. (The) (NYSE:COO) last released its earnings results on Thursday, August 31st. The medical device company reported $2.64 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $2.58 by $0.06. Cooper Companies, Inc. (The) had a net margin of 16.45% and a return on equity of 16.00%. The firm had revenue of $556.00 million during the quarter, compared to analyst estimates of $552.32 million. During the same period last year, the business earned $2.30 earnings per share. The business’s revenue was up 8.0% on a year-over-year basis. sell-side analysts predict that Cooper Companies, Inc. will post 9.72 EPS for the current fiscal year.
A number of analysts have recently weighed in on COO shares. Zacks Investment Research lowered shares of Cooper Companies, Inc. (The) from a “buy” rating to a “hold” rating in a report on Monday, September 18th. KeyCorp reiterated a “hold” rating on shares of Cooper Companies, Inc. (The) in a report on Monday, August 28th. Robert W. Baird reiterated a “buy” rating and set a $267.00 target price (up from $251.00) on shares of Cooper Companies, Inc. (The) in a report on Sunday, September 3rd. BidaskClub lowered shares of Cooper Companies, Inc. (The) from a “strong-buy” rating to a “buy” rating in a report on Tuesday, July 25th. Finally, BMO Capital Markets reiterated a “buy” rating and set a $272.00 target price on shares of Cooper Companies, Inc. (The) in a report on Friday, October 13th. Seven investment analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. The stock has a consensus rating of “Buy” and a consensus target price of $261.11.
In related news, Director Gary S. Petersmeyer sold 3,977 shares of the firm’s stock in a transaction that occurred on Thursday, September 14th. The shares were sold at an average price of $244.94, for a total transaction of $974,126.38. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. 1.60% of the stock is owned by company insiders.
Cooper Companies, Inc. (The) Company Profile
The Cooper Companies, Inc is a global medical device company. The Company operates through two business units: CooperVision, Inc and CooperSurgical, Inc CooperVision offers soft contact lenses for the vision correction market. CooperVision develops, manufactures and markets a range of single-use, two-week and monthly contact lenses.
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