Cooper Companies (COO) Expected to Announce Quarterly Earnings on Thursday

Cooper Companies (NASDAQ:COO) is projected to issue its quarterly earnings data after the market closes on Thursday, March 6th. Analysts expect the company to announce earnings of $0.92 per share and revenue of $981.25 million for the quarter. Cooper Companies has set its FY25 guidance at $3.92-$4.02 EPS and its FY 2025 guidance at 3.920-4.020 EPS.Individual interested in registering for the company’s earnings conference call can do so using this link.

Cooper Companies (NASDAQ:COO) last announced its earnings results on Thursday, December 5th. The medical device company reported $1.04 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.00 by $0.04. Cooper Companies had a net margin of 10.07% and a return on equity of 9.38%. The company had revenue of $1.02 billion for the quarter, compared to the consensus estimate of $1.03 billion. During the same period in the previous year, the business earned $0.87 EPS. The company’s revenue was up 9.8% on a year-over-year basis. On average, analysts expect Cooper Companies to post $4 EPS for the current fiscal year and $4 EPS for the next fiscal year.

Cooper Companies Trading Up 0.8 %

Shares of NASDAQ COO opened at $90.97 on Thursday. The company has a current ratio of 1.91, a quick ratio of 1.12 and a debt-to-equity ratio of 0.32. The firm has a market capitalization of $18.16 billion, a PE ratio of 46.65, a PEG ratio of 2.25 and a beta of 1.00. The business has a 50-day moving average price of $92.75 and a two-hundred day moving average price of $99.55. Cooper Companies has a one year low of $84.76 and a one year high of $112.38.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on the stock. Wells Fargo & Company lifted their target price on shares of Cooper Companies from $115.00 to $118.00 and gave the company an “overweight” rating in a research note on Friday, December 6th. Morgan Stanley decreased their price objective on shares of Cooper Companies from $104.00 to $102.00 and set an “equal weight” rating for the company in a report on Friday, December 6th. StockNews.com downgraded Cooper Companies from a “buy” rating to a “hold” rating in a research report on Wednesday, December 11th. Needham & Company LLC reaffirmed a “hold” rating on shares of Cooper Companies in a research report on Friday, December 6th. Finally, Citigroup reduced their target price on Cooper Companies from $116.00 to $115.00 and set a “buy” rating for the company in a research report on Friday, December 6th. Three equities research analysts have rated the stock with a hold rating and nine have given a buy rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $117.00.

Cooper Companies Company Profile

The Cooper Companies, Inc, together with its subsidiaries, develops, manufactures, and markets contact lens wearers. The company operates in two segments, CooperVision and CooperSurgical. The CooperVision segment provides spherical lense, including lenses that correct near and farsightedness; and toric and multifocal lenses comprising lenses correcting vision challenges, such as astigmatism, presbyopia, and myopia in the Americas, Europe, Middle East, Africa, and Asia Pacific.