Market Movers

The Cooper Companies, Inc.’s Stock Price Dips to $98.70, Reflecting a 4.39% Decline: An In-depth Analysis

By December 7, 2024 No Comments

The Cooper Companies, Inc. (COO)

98.70 USD -4.53 (-4.39%) Volume: 3.66M

Explore The Cooper Companies, Inc.’s stock price performance, currently standing at 98.70 USD, experiencing a dip of -4.39% this trading session with a trading volume of 3.66M. Despite this, the company shows resilience with a positive year-to-date percentage change of +4.60%.


Latest developments on The Cooper Companies, Inc.

Cooper Companies had a mixed Q4 earnings report, beating estimates but missing on revenues, leading to a drop in their stock price. With lower-than-expected annual revenue forecasts, shares fell further, tumbling 7% as FY guidance disappointed investors. Despite the company’s strong performance, there are concerns about the varied fundamentals and lack of a clear direction for the stock. Wall Street estimates for key metrics are eagerly awaited to see how Cooper Companies will navigate these challenges and potentially regain investor confidence.


A look at The Cooper Companies, Inc. Smart Scores

FactorScoreMagnitude
Value3
Dividend1
Growth3
Resilience2
Momentum4
OVERALL SMART SCORE2.6

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Looking ahead, the long-term outlook for Cooper Cos is mixed, as indicated by the Smartkarma Smart Scores. While the company scores well in terms of growth and momentum, with scores of 3 and 4 respectively, its value and resilience scores are more moderate at 3 and 2. The dividend score, however, is low at 1. This suggests that while Cooper Cos may have strong growth potential and momentum in the market, investors should be cautious of the company’s dividend performance.

The Cooper Companies, Inc. specializes in developing, manufacturing, and marketing specialty healthcare products such as contact lenses for the vision care market and diagnostic products. Additionally, the company offers surgical instruments and accessories for gynecologists and obstetricians. With a mix of scores across different factors, including growth and momentum, Cooper Cos presents a varied outlook for investors to consider when evaluating its long-term prospects.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
Have feedback on this article? Concerned about the content? Get in touch with us directly.


 

πŸ’‘ Before it’s here, it’s on Smartkarma

Sign Up for Free

The Smartkarma Preview Pass is your entry to the Independent Investment Research Network

  • βœ“ Unlimited Research Summaries
  • βœ“ Personalised Alerts
  • βœ“ Custom Watchlists
  • βœ“ Company Analytics and News
  • βœ“ Events & Webinars