Cooper Companies (NYSE:COO) updated its FY18 earnings guidance on Thursday. The company provided earnings per share guidance of $11.35-11.65 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $11.21. The company issued revenue guidance of $2.48-2.53 billion, compared to the consensus revenue estimate of $2.39 billion.

Several research firms have commented on COO. Jefferies Group reissued a buy rating and issued a $250.00 target price on shares of Cooper Companies in a report on Tuesday, September 12th. Stephens restated an equal weight rating and issued a $250.00 price target (up from $235.00) on shares of Cooper Companies in a research note on Tuesday, September 12th. Zacks Investment Research upgraded shares of Cooper Companies from a hold rating to a buy rating and set a $265.00 price target on the stock in a research note on Tuesday, October 10th. KeyCorp restated a hold rating on shares of Cooper Companies in a research note on Monday, August 28th. Finally, Piper Jaffray Companies raised their price target on shares of Cooper Companies from $265.00 to $280.00 and gave the company an overweight rating in a research note on Friday, September 1st. Six analysts have rated the stock with a hold rating and nine have issued a buy rating to the company’s stock. Cooper Companies currently has a consensus rating of Buy and a consensus price target of $260.70.

Cooper Companies (COO) traded up $2.18 during trading hours on Thursday, reaching $234.07. 497,100 shares of the company traded hands, compared to its average volume of 421,463. 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 has a twelve month low of $164.27 and a twelve month high of $256.39. The firm has a market cap of $11,350.84, a P/E ratio of 24.80, a PEG ratio of 1.94 and a beta of 0.54.

In related news, Director Gary S. Petersmeyer sold 3,977 shares of Cooper Companies 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 transaction was disclosed in a filing with the SEC, which can be accessed through this link. 1.60% of the stock is owned by company insiders.

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Cooper Companies 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.

Earnings History and Estimates for Cooper Companies (NYSE:COO)

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