Mr. Cooper Group Inc (NASDAQ: COOP) on Tuesday, soared 1.29% from the previous trading day, before settling in for the closing price of $91.36. Within the past 52 weeks, COOP’s price has moved between $52.50 and $96.00.
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During the last 5-year period, the sales growth of Financial Sector giant was 3.13%. The company achieved an average annual earnings per share of 39.24%. With a float of $62.12 million, this company’s outstanding shares have now reached $64.60 million.
Let’s determine the extent of company efficiency that accounts for 6800 employees. In terms of profitability, gross margin is 48.37%, operating margin of 38.82%, and the pretax margin is 40.93%.
Mr. Cooper Group Inc (COOP) Breakdown of a Key Holders of the stock
Observing investor behavior towards Mortgage Finance industry stocks is more important than anything else. The insider ownership of Mr. Cooper Group Inc is 3.67%, while institutional ownership is 88.63%. The most recent insider transaction that took place on Oct 01 ’24, was worth 2,729,700. In this transaction Chief Executive Officer of this company sold 30,000 shares at a rate of $90.99, taking the stock ownership to the 179,631 shares. Before that another transaction happened on Oct 01 ’24, when Company’s Director proposed sale 90,000 for $91.71, making the entire transaction worth $8,253,900.
Mr. Cooper Group Inc (COOP) Recent Fiscal highlights
According to the Wall Street analysts, stocks earnings will be around 39.24% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will plunge by -3.69% during the next five years compared to -11.06% drop over the previous five years of trading.
Mr. Cooper Group Inc (NASDAQ: COOP) Trading Performance Indicators
Mr. Cooper Group Inc (COOP) is currently performing well based on its current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.89. Likewise, its price to free cash flow for the trailing twelve months is 12.03.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 10.59, a number that is poised to hit 2.56 in the next quarter and is forecasted to reach 12.82 in one year’s time.
Technical Analysis of Mr. Cooper Group Inc (COOP)
Looking closely at Mr. Cooper Group Inc (NASDAQ: COOP), its last 5-days average volume was 0.42 million, which is a drop from its year-to-date volume of 0.44 million. As of the previous 9 days, the stock’s Stochastic %D was 66.70%. Additionally, its Average True Range was 2.08.
During the past 100 days, Mr. Cooper Group Inc’s (COOP) raw stochastic average was set at 80.56%, which indicates a significant increase from 49.96% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 17.93% in the past 14 days, which was lower than the 27.13% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $90.18, while its 200-day Moving Average is $79.66. However, in the short run, Mr. Cooper Group Inc’s stock first resistance to watch stands at $92.97. Second resistance stands at $93.41. The third major resistance level sits at $94.19. If the price goes on to break the first support level at $91.75, it is likely to go to the next support level at $90.97. Now, if the price goes above the second support level, the third support stands at $90.53.
Mr. Cooper Group Inc (NASDAQ: COOP) Key Stats
Market capitalization of the company is 5.97 billion based on 64,721K outstanding shares. Right now, sales total 1,794 M and income totals 500,000 K. The company made 583,000 K in profit during its latest quarter, and 204,000 K in sales during its previous quarter.
