News headlines about Cooper Companies (NYSE:COO) have been trending positive recently, according to Accern Sentiment Analysis. Accern scores the sentiment of news coverage by reviewing more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Cooper Companies earned a news sentiment score of 0.26 on Accern’s scale. Accern also gave headlines about the medical device company an impact score of 46.0673798471718 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.
Here are some of the headlines that may have impacted Accern’s rankings:
- Cooper Companies Inc (COO) Expected to Post Quarterly Sales of $581.91 Million (americanbankingnews.com)
- Form 4 Cooper-Standard Holdings For: Feb 13 Filed by: PUMPHREY WILLIAM (streetinsider.com)
- The Industry Pulse: Updates on Mr. Cooper, Black Knight, and More … (dsnews.com)
- New Concept: Mobile Makeup Artists Innovative Solution on Wheels (prweb.com)
- BRIEF-Efore Initiates A Review Process In Order To Secure Profitability Of Telecom Business And Starts Cooperation Negotiations (feeds.reuters.com)
Cooper Companies (NYSE:COO) traded down $0.06 during mid-day trading on Friday, hitting $232.47. The stock had a trading volume of 410,608 shares, compared to its average volume of 453,125. The stock has a market cap of $11,395.91, a P/E ratio of 30.91, a P/E/G ratio of 1.87 and a beta of 0.57. Cooper Companies has a 52-week low of $189.41 and a 52-week high of $256.39. The company has a current ratio of 2.41, a quick ratio of 1.26 and a debt-to-equity ratio of 0.36.
The company also recently declared a semiannual dividend, which was paid on Friday, February 9th. Stockholders of record on Tuesday, January 23rd were paid a $0.03 dividend. The ex-dividend date was Monday, January 22nd. This represents a dividend yield of 0.03%. Cooper Companies’s dividend payout ratio (DPR) is currently 0.80%.
Several brokerages have commented on COO. Zacks Investment Research downgraded Cooper Companies from a “buy” rating to a “hold” rating in a research note on Wednesday, November 1st. Oppenheimer set a $250.00 target price on Cooper Companies and gave the company a “hold” rating in a research note on Friday, December 8th. Stifel Nicolaus reiterated a “buy” rating and set a $265.00 target price (down from $275.00) on shares of Cooper Companies in a research note on Friday, December 8th. Raymond James Financial reiterated a “buy” rating and set a $265.00 target price on shares of Cooper Companies in a research note on Monday, December 4th. Finally, Cleveland Research downgraded Cooper Companies from a “buy” rating to a “hold” rating in a research note on Friday, February 9th. Eight equities research analysts have rated the stock with a hold rating and six have given a buy rating to the company. The stock has a consensus rating of “Hold” and a consensus target price of $259.70.
In related news, Director Allan E. Rubenstein sold 6,450 shares of Cooper Companies stock in a transaction on Friday, January 12th. The stock was sold at an average price of $228.79, for a total transaction of $1,475,695.50. Following the transaction, the director now directly owns 8,628 shares in the company, valued at $1,974,000.12. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Stanley Md Zinberg sold 5,000 shares of Cooper Companies stock in a transaction on Thursday, January 4th. The shares were sold at an average price of $224.66, for a total value of $1,123,300.00. Following the transaction, the director now owns 6,090 shares in the company, valued at $1,368,179.40. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 54,385 shares of company stock worth $12,289,463. Company insiders own 1.60% of the company’s stock.
About Cooper Companies
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.
Receive News & Ratings for Cooper Companies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cooper Companies and related companies with MarketBeat.com's FREE daily email newsletter.