The Cooper Cos Inc (NASDAQ: COO) has reported earnings for its second fiscal quarter (ending April 30) of $0.44 versus $0.80 for the same period a year ago. For the latest four quarters through April 30, E.P.S. were $1.71 compared to $5.84 a year ago.
Recent Price Action
The Cooper Cos Inc (NASDAQ: COO) stock closed at $90.23 on 5/30/24 after a slight decline of -1.0%. Moreover, unusually high trading volume at 174% of normal accompanied the decline. The stock has declined -6.7% during the last week but has been strong relative to the market over the last nine months.
Current PriceTarget Research Rating
COO’s future returns on capital are forecasted to exceed the cost of capital. Accordingly, the company is expected to continue to be a Value Builder.
Cooper has a current Value Trend Rating of B (Positive). This rating combines inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. Cooper has a neutral Appreciation Score of 57 but a good Power Rating of 75, with the Positive Value Trend Rating the result.
Rating Review
In light of this new information we are reviewing our current Overall Rating of B. This review will be completed in the next several days.
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