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

Cooper Companies (NASDAQ:COO) issued an update on its FY 2025 earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of 3.940-4.020 for the period, compared to the consensus 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 Stock Performance

Cooper Companies stock opened at $85.00 on Friday. The company has a market cap of $16.96 billion, a price-to-earnings ratio of 43.59, 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 current ratio of 1.91 and a quick ratio of 1.12. Cooper Companies has a 12 month low of $82.61 and a 12 month high of $112.38. The stock’s 50-day moving average is $92.52 and its 200-day moving average is $99.45.

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

Wall Street Analyst Weigh In

Several brokerages recently commented on COO. Morgan Stanley dropped their target price on Cooper Companies from $104.00 to $102.00 and set an “equal weight” rating on the stock in a report on Friday, December 6th. Piper Sandler restated an “overweight” rating and set a $115.00 price objective (down from $120.00) on shares of Cooper Companies in a report on Friday. Stifel Nicolaus dropped their price objective on Cooper Companies from $115.00 to $105.00 and set a “buy” rating on the stock in a report on Friday. StockNews.com downgraded Cooper Companies from a “buy” rating to a “hold” rating in a report on Wednesday, December 11th. Finally, Wells Fargo & Company lifted their price objective on Cooper Companies from $115.00 to $118.00 and gave the stock an “overweight” rating in a report on Friday, December 6th. Three investment analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. According to MarketBeat, Cooper Companies has an average rating of “Moderate Buy” and a consensus price target of $111.89.

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.