The Cooper Companies (COO) Posts Quarterly Results
The Cooper Companies (NYSE:COO) posted its quarterly earnings results on Thursday. The company reported $1.64 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.60 by $0.04, American Banking and Market News reports. The company had revenue of $412.30 million for the quarter, compared to the consensus estimate of $411.41 million.
The Cooper Companies (NYSE:COO) traded up 0.05% during mid-day trading on Thursday, hitting $131.13. The stock had a trading volume of 431,291 shares. The Cooper Companies has a 1-year low of $110.33 and a 1-year high of $145.34. The stock’s 50-day moving average is $131.2 and its 200-day moving average is $128.9. The company has a market cap of $6.276 billion and a price-to-earnings ratio of 22.10.
A number of research firms have recently commented on COO. Analysts at KeyCorp initiated coverage on shares of The Cooper Companies in a research note on Wednesday, April 9th. They set a “hold” rating on the stock. Analysts at Zacks reiterated a “neutral” rating on shares of The Cooper Companies in a research note on Wednesday, April 9th. They now have a $137.00 price target on the stock. One research analyst has rated the stock with a sell rating, four have issued a hold rating and four have issued a buy rating to the company. The stock currently has a consensus rating of “Hold” and a consensus target price of $134.50.
The Cooper Companies, Inc is a global medical device company. The Company operates through two business units, CooperVision, Inc and CooperSurgical, Inc CooperVision is a global manufacturer providing products for contact lens wearers.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.