Cooper Companies (NASDAQ:COO) Updates FY 2025 Earnings Guidance

Cooper Companies (NASDAQ:COO) issued an update on its FY 2025 earnings guidance on Thursday morning. The company provided earnings per share guidance of 3.940-4.020 for the period, compared to the consensus earnings per share estimate of 3.980. The company issued revenue guidance of $4.1 billion-$4.2 billion, compared to the consensus revenue estimate of $4.1 billion.

Cooper Companies Stock Performance

Shares of NASDAQ COO opened at $85.00 on Friday. The business’s 50-day moving average price is $92.52 and its two-hundred day moving average price is $99.45. The company has a debt-to-equity ratio of 0.32, a current ratio of 1.91 and a quick ratio of 1.12. Cooper Companies has a one year low of $82.61 and a one year high of $112.38. The company has a market capitalization of $16.96 billion, a P/E ratio of 43.59, a price-to-earnings-growth ratio of 2.25 and a beta of 1.02.

Cooper Companies (NASDAQ:COO) last issued its earnings results on Thursday, March 6th. The medical device company reported $0.92 EPS for the quarter, meeting analysts’ consensus estimates of $0.92. Cooper Companies had a return on equity of 9.38% and a net margin of 10.07%. The firm had revenue of $964.70 million for the quarter, compared to the consensus estimate of $981.25 million. Analysts anticipate that Cooper Companies will post 3.98 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of research analysts have commented on COO shares. StockNews.com downgraded Cooper Companies from a “buy” rating to a “hold” rating in a research note on Wednesday, December 11th. Morgan Stanley decreased their price target on Cooper Companies from $104.00 to $102.00 and set an “equal weight” rating for the company in a research note on Friday, December 6th. JPMorgan Chase & Co. decreased their price target on Cooper Companies from $120.00 to $110.00 and set an “overweight” rating for the company in a research note on Friday. Stifel Nicolaus decreased their price target on Cooper Companies from $115.00 to $105.00 and set a “buy” rating for the company in a research note on Friday. Finally, Needham & Company LLC reiterated a “hold” rating on shares of Cooper Companies in a research note on Friday. Three investment analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $111.89.

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.