The Cooper Cos Inc (NASDAQ: COO) has reported E.P.S. of $1.70 for its fourth fiscal quarter (ending October 31) versus $1.33 for the same period a year ago — an increase of 28%. However, this performance was $-1.78 short of the consensus estimate of $3.48. E.P.S. were $5.91 for the latest four quarters through October 31 versus $7.83 for the same period a year ago — a decline of -25%.
Recent Price Action
The Cooper Cos Inc (NASDAQ: COO) stock rose modestly by 0.7% on 12/7/23. The stock closed at $344.95. This advance was accompanied by normal trading volume. The stock has performed in line with the market over the last nine months and has risen 4.0% during the last week.
Current PriceTarget Research Rating
COO’s future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to continue to be a modest Value Builder.
Cooper has a current Value Trend Rating of C (Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing highly consistent signals. Cooper has a neutral Power Rating of 53 and a neutral Appreciation Score of 59, leading to the Neutral Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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