Cooper Companies (NASDAQ:COO) Releases Quarterly Earnings Results, Beats Estimates By $0.11 EPS

Cooper Companies (NASDAQ:COO) announced its quarterly earnings results on Thursday. The medical device company reported $1.21 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.10 by $0.11, FiscalAI reports. The company had revenue of $1.08 billion during the quarter, compared to the consensus estimate of $1.05 billion. Cooper Companies had a net margin of 9.67% and a return on equity of 10.34%. Cooper Companies updated its FY 2026 guidance to 4.580-4.660 EPS.

Cooper Companies Trading Up 2.8%

Shares of Cooper Companies stock traded up $1.68 during trading on Thursday, hitting $62.02. The company’s stock had a trading volume of 3,915,194 shares, compared to its average volume of 2,227,562. The company has a debt-to-equity ratio of 0.22, a current ratio of 1.34 and a quick ratio of 0.79. Cooper Companies has a 52 week low of $58.89 and a 52 week high of $89.83. The stock has a market cap of $12.10 billion, a price-to-earnings ratio of 30.70, a price-to-earnings-growth ratio of 1.53 and a beta of 0.87. The stock has a 50-day moving average price of $65.34 and a two-hundred day moving average price of $74.64.

Institutional Trading of Cooper Companies

Institutional investors have recently modified their holdings of the business. CYBER HORNET ETFs LLC bought a new stake in shares of Cooper Companies in the second quarter worth $36,000. MUFG Securities EMEA plc bought a new stake in shares of Cooper Companies in the second quarter worth $42,000. IFP Advisors Inc grew its stake in shares of Cooper Companies by 2,647.8% in the third quarter. IFP Advisors Inc now owns 632 shares of the medical device company’s stock worth $43,000 after purchasing an additional 609 shares during the last quarter. Johnson Financial Group Inc. bought a new stake in shares of Cooper Companies in the third quarter worth $59,000. Finally, Quarry LP bought a new stake in shares of Cooper Companies in the fourth quarter worth $70,000. Institutional investors own 24.39% of the company’s stock.

Cooper Companies News Roundup

Here are the key news stories impacting Cooper Companies this week:

• Positive Sentiment: Quarterly EPS came in at $1.21, above the $1.10 consensus, showing better-than-expected profitability. View Press Release
• Positive Sentiment: Revenue reached $1.08 billion, topping the $1.05 billion estimate and signaling solid demand across the business. View Press Release
• Neutral Sentiment: Management raised FY 2026 EPS guidance to 4.58-4.66, which is slightly below the Street’s 4.62 estimate at the midpoint, suggesting the outlook is good but not a big upside surprise. View Press Release
• Neutral Sentiment: The company also kept revenue guidance roughly in line with expectations, limiting the chance of a major re-rating from guidance alone. View Press Release

Analyst Upgrades and Downgrades

Several research analysts have recently issued reports on COO shares. Piper Sandler set a $86.00 price target on shares of Cooper Companies and gave the stock an “overweight” rating in a report on Monday. Barclays upped their price target on shares of Cooper Companies from $98.00 to $103.00 and gave the stock an “overweight” rating in a report on Friday, March 6th. Wall Street Zen upgraded shares of Cooper Companies from a “hold” rating to a “buy” rating in a report on Saturday, February 28th. The Goldman Sachs Group set a $61.00 price target on shares of Cooper Companies in a report on Wednesday, May 27th. Finally, Citigroup reiterated a “neutral” rating and set a $69.00 price target (down from $80.00) on shares of Cooper Companies in a report on Thursday, May 28th. One investment analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, seven have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $87.00.

Cooper Companies Company Profile

Cooper Companies, Inc (NASDAQ: COO) is a global medical device company headquartered in San Ramon, California. Founded in 1958, the company has grown through strategic acquisitions and organic development to become a major provider of vision care and women’s health products. Cooper Companies operates through two primary business segments—CooperVision and CooperSurgical—each serving specialized markets within the healthcare industry.

The CooperVision segment develops, manufactures and markets a broad range of soft contact lenses, as well as related accessories.