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

Cooper Companies (NASDAQ:COO) updated its FY 2025 earnings guidance on Thursday. 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 Trading Down 0.4 %

NASDAQ:COO opened at $90.98 on Friday. The company has a market capitalization of $18.16 billion, a PE ratio of 46.66, a P/E/G ratio of 2.25 and a beta of 1.02. Cooper Companies has a 52-week low of $84.76 and a 52-week high of $112.38. The stock’s 50 day moving average price is $92.56 and its 200 day moving average price is $99.51. The company has a quick ratio of 1.12, a current ratio of 1.91 and a debt-to-equity ratio of 0.32.

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

Analyst Ratings Changes

A number of equities analysts recently issued reports on COO shares. StockNews.com lowered Cooper Companies from a “buy” rating to a “hold” rating in a report on Wednesday, December 11th. Needham & Company LLC reaffirmed a “hold” rating on shares of Cooper Companies in a research report on Friday. Citigroup dropped their target price on Cooper Companies from $116.00 to $115.00 and set a “buy” rating on the stock in a report on Friday, December 6th. 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 report on Friday, December 6th. Finally, Wells Fargo & Company lifted their price objective on shares of Cooper Companies from $115.00 to $118.00 and gave the company an “overweight” rating in a research report on Friday, December 6th. Three research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. According to data from MarketBeat, Cooper Companies has a consensus rating of “Moderate Buy” and an average price target of $117.22.

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.