Cooper Companies (COO) Updates FY18 Earnings Guidance

Cooper Companies (NYSE:COO) updated its FY18 earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of $11.35-11.65 for the period, compared to the Thomson Reuters consensus 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.

A number of brokerages recently weighed in on COO. Raymond James Financial reaffirmed a buy rating and set a $265.00 price objective on shares of Cooper Companies in a research report on Monday. Zacks Investment Research raised shares of Cooper Companies from a hold rating to a buy rating and set a $257.00 price objective for the company in a research report on Tuesday, November 14th. KeyCorp reissued a hold rating on shares of Cooper Companies in a research note on Friday, October 20th. Robert W. Baird set a $273.00 target price on shares of Cooper Companies and gave the company a buy rating in a research note on Monday, October 16th. Finally, BMO Capital Markets reissued a buy rating and set a $272.00 target price on shares of Cooper Companies in a research note on Friday, October 13th. Six investment analysts have rated the stock with a hold rating and nine have issued a buy rating to the company. 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 on Thursday, reaching $234.07. 497,100 shares of the company’s stock were exchanged, compared to its average volume of 421,463. The company has a debt-to-equity ratio of 0.38, a current ratio of 2.51 and a quick ratio of 1.29. The firm has a market cap of $11,350.84, a price-to-earnings ratio of 24.80, a price-to-earnings-growth ratio of 1.94 and a beta of 0.54. Cooper Companies has a 52-week low of $164.27 and a 52-week high of $256.39.

In other news, Director Gary S. Petersmeyer sold 3,977 shares of the company’s stock in a transaction that occurred on Thursday, September 14th. The shares were sold at an average price of $244.94, for a total value of $974,126.38. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Corporate insiders own 1.60% of the company’s stock.

TRADEMARK VIOLATION WARNING: This piece of content was originally published by Chaffey Breeze and is the sole property of of Chaffey Breeze. If you are accessing this piece of content on another site, it was stolen and republished in violation of international copyright and trademark law. The correct version of this piece of content can be accessed at

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)

Receive News & Ratings for Cooper Companies Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cooper Companies Inc and related companies with's FREE daily email newsletter.

Latest News

Leave a Reply