Press coverage about Cooper Companies, Inc. (The) (NYSE:COO) has been trending somewhat positive this week, Accern Sentiment Analysis reports. The research firm ranks the sentiment of press coverage by reviewing more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Cooper Companies, Inc. (The) earned a news impact score of 0.21 on Accern’s scale. Accern also assigned news articles about the medical device company an impact score of 46.1342077648991 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
Here are some of the news articles that may have effected Accern Sentiment Analysis’s rankings:
- RSP Permian, Inc. (NYSE:RSPP) Experiences Heavier than Usual Trading Volume (fishinghd.com)
- RSP Permian, Inc. (RSPP) Given Buy Rating at BMO Capital Markets (newstrendstoday.com)
- See what the IHS Markit Score report has to say about Cooper Companies Inc. (finance.yahoo.com)
- The Cooper Cos., Inc. breached its 50 day moving average in a Bearish Manner : COO-US : August 10, 2017 (finance.yahoo.com)
- South Carolina governor lists potential buyers for Santee Cooper utility (seekingalpha.com)
A number of equities research analysts have recently issued reports on the stock. BidaskClub cut shares of Cooper Companies, Inc. (The) from a “buy” rating to a “hold” rating in a research report on Friday, August 4th. KeyCorp reissued a “sector weight” rating on shares of Cooper Companies, Inc. (The) in a research report on Friday, July 21st. Piper Jaffray Companies boosted their target price on shares of Cooper Companies, Inc. (The) to $265.00 and gave the company an “overweight” rating in a research report on Wednesday, July 19th. BMO Capital Markets reissued a “buy” rating and issued a $255.00 target price on shares of Cooper Companies, Inc. (The) in a research report on Thursday, July 13th. Finally, Jefferies Group LLC reissued a “buy” rating and issued a $250.00 target price on shares of Cooper Companies, Inc. (The) in a research report on Thursday, July 6th. Four equities research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. The company has an average rating of “Buy” and an average price target of $242.00.
Cooper Companies, Inc. (COO) traded down 1.12% during midday trading on Thursday, reaching $239.99. 334,091 shares of the company traded hands. The firm has a market capitalization of $11.72 billion, a price-to-earnings ratio of 35.98 and a beta of 0.61. Cooper Companies, Inc. has a one year low of $158.73 and a one year high of $256.39. The firm has a 50-day moving average price of $245.26 and a 200-day moving average price of $214.46.
Cooper Companies, Inc. (The) (NYSE:COO) last issued its earnings results on Thursday, June 1st. The medical device company reported $2.50 EPS for the quarter, topping the consensus estimate of $2.25 by $0.25. The business had revenue of $522.40 million during the quarter, compared to the consensus estimate of $520.71 million. Cooper Companies, Inc. (The) had a return on equity of 15.88% and a net margin of 16.02%. The firm’s revenue was up 8.0% compared to the same quarter last year. During the same quarter last year, the company earned $2.05 EPS. Equities analysts predict that Cooper Companies, Inc. will post $9.63 EPS for the current fiscal year.
The company also recently disclosed a semiannual dividend, which was paid on Monday, August 7th. Investors of record on Friday, July 21st were issued a dividend of $0.03 per share. The ex-dividend date of this dividend was Wednesday, July 19th. This represents a dividend yield of 0.02%. Cooper Companies, Inc. (The)’s dividend payout ratio is 0.90%.
In other Cooper Companies, Inc. (The) news, CEO Paul L. Remmell sold 9,294 shares of Cooper Companies, Inc. (The) stock in a transaction that occurred on Friday, July 14th. The stock was sold at an average price of $248.46, for a total value of $2,309,187.24. Following the transaction, the chief executive officer now directly owns 6,186 shares of the company’s stock, valued at approximately $1,536,973.56. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Carol R. Kaufman sold 44,092 shares of Cooper Companies, Inc. (The) stock in a transaction that occurred on Thursday, June 8th. The stock was sold at an average price of $242.81, for a total value of $10,705,978.52. Following the completion of the transaction, the executive vice president now directly owns 60,419 shares in the company, valued at $14,670,337.39. The disclosure for this sale can be found here. Over the last three months, insiders have sold 67,331 shares of company stock worth $16,400,454. 1.60% of the stock is currently owned by insiders.
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About Cooper Companies, Inc. (The)
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.
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