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

Cooper Companies (NASDAQ:COO) updated its FY 2025 earnings guidance on Thursday. The company provided EPS guidance of 3.940-4.020 for the period, compared to the consensus EPS 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.

Wall Street Analyst Weigh In

COO has been the subject of a number of research analyst reports. Citigroup reduced their price target on Cooper Companies from $116.00 to $115.00 and set a “buy” rating for the company in a report on Friday, December 6th. Needham & Company LLC reissued a “hold” rating on shares of Cooper Companies in a report on Friday, December 6th. Wells Fargo & Company increased their price target on Cooper Companies from $115.00 to $118.00 and gave the company an “overweight” rating in a research note on Friday, December 6th. StockNews.com cut shares of Cooper Companies from a “buy” rating to a “hold” rating in a research report on Wednesday, December 11th. Finally, Morgan Stanley dropped their price objective on shares of Cooper Companies from $104.00 to $102.00 and set an “equal weight” rating on the stock in a research report on Friday, December 6th. Three analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $117.22.

Cooper Companies Stock Performance

NASDAQ:COO traded down $0.35 during mid-day trading on Thursday, reaching $90.98. 2,850,441 shares of the company’s stock were exchanged, compared to its average volume of 1,546,592. Cooper Companies has a one year low of $84.76 and a one year high of $112.38. The business’s fifty day simple moving average is $92.56 and its two-hundred day simple moving average is $99.51. The firm has a market capitalization of $18.16 billion, a PE ratio of 46.66, a price-to-earnings-growth ratio of 2.25 and a beta of 1.02. The company has a debt-to-equity ratio of 0.32, a quick ratio of 1.12 and a current ratio of 1.91.

Cooper Companies (NASDAQ:COO) last announced its quarterly earnings data on Thursday, December 5th. The medical device company reported $1.04 earnings per share for the quarter, beating the consensus estimate of $1.00 by $0.04. Cooper Companies had a return on equity of 9.38% and a net margin of 10.07%. The firm had revenue of $1.02 billion during the quarter, compared to analysts’ expectations of $1.03 billion. During the same period in the previous year, the firm earned $0.87 EPS. The company’s quarterly revenue was up 9.8% compared to the same quarter last year. Analysts anticipate that Cooper Companies will post 3.98 earnings per share for the current fiscal year.

About Cooper Companies

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.