Cooper Companies, Inc (COO) average volume reaches $1.20M: Is Wall Street expecting a rally?

Cooper Companies, Inc (NASDAQ: COO) kicked off on Tuesday, up 0.23% from the previous trading day, before settling in for the closing price of $102.40. Over the past 52 weeks, COO has traded in a range of $82.21-$112.38.

Over the past five-year period, the growth rate of yearbook sales for the company of the Healthcare sector was 8.41%. While this was happening, its average annual earnings per share was recorded 14.20%. With a float of $198.16 million, this company’s outstanding shares have now reached $199.16 million.

Considering the fact that the conglomerate employs 15000 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 62.39%, operating margin of 16.9%, and the pretax margin is 13.67%.

Cooper Companies, Inc (COO) Insider Activity

Our next focus will be how large-scale investors are participating in this stock of the Medical Instruments & Supplies Industry. The insider ownership of Cooper Companies, Inc is 0.50%, while institutional ownership is 97.84%. The most recent insider transaction that took place on Sep 19 ’24, was worth 12,710,041. In this transaction President & CEO of this company sold 114,992 shares at a rate of $110.53, taking the stock ownership to the 165,273 shares. Before that another transaction happened on Sep 19 ’24, when Company’s Officer proposed sale 114,992 for $110.53, making the entire transaction worth $12,709,660.

Cooper Companies, Inc (COO) Earnings and Forecasts

According to the Wall Street analysts, stocks earnings will be around 14.20% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 12.43% during the next five years compared to 15.98% growth over the previous five years of trading.

Cooper Companies, Inc (NASDAQ: COO) Trading Performance Indicators

Take a look at Cooper Companies, Inc’s (COO) current performance indicators. Last quarter, stock had a quick ratio of 1.18. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 5.37. Likewise, its price to free cash flow for the trailing twelve months is 108.04.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.79, a number that is poised to hit 1.00 in the next quarter and is forecasted to reach 4.07 in one year’s time.

Technical Analysis of Cooper Companies, Inc (COO)

Compared to the last year’s volume of 1.13 million, its volume of 1.51 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 69.03%. Additionally, its Average True Range was 2.07.

During the past 100 days, Cooper Companies, Inc’s (COO) raw stochastic average was set at 64.71%, which indicates a significant decrease from 68.28% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 13.99% in the past 14 days, which was lower than the 24.52% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $105.59, while its 200-day Moving Average is $97.83. Nevertheless, the first resistance level for the watch stands at $103.72 in the near term. At $104.81, the stock is likely to face the second major resistance level. The third major resistance level sits at $106.12. If the price goes on to break the first support level at $101.32, it is likely to go to the next support level at $100.01. Should the price break the second support level, the third support level stands at $98.92.

Cooper Companies, Inc (NASDAQ: COO) Key Stats

The company with the Market Capitalisation of 20.44 billion has total of 199,156K Shares Outstanding. Its annual sales at the moment are 3,593 M in contrast with the sum of 294,200 K annual income. Company’s last quarter sales were recorded 1,003 M and last quarter income was 104,700 K.