Certainty LLC has acquired 27,582 shares of the Cooper Companies while TD Asset Management invested a whopping $53.05 million into the company. These investments come amidst international revenue growth forecasts for COO and predictions suggesting undervaluation of the company's stock. The corporation released its fiscal Q3 earnings that surpassed Wall Street’s expectations. Q3 also saw a 52-week high, reaching $107.55, and an impressive 0.4% stock rise following the launch of a new inserter for Paragard IUD. While shares were also sold by insiders, this major selling trend does not seem to disturb investors. Cooper Companies has also increased its financial guidance for 2024 following robust revenue growth in the third quarter significantly driven by demand for contact lenses and fertility products. The firm has continued to expand its portfolio by acquiring obp Surgical. A recent stock target upgrade to $125 by Baird and maintaining an overweight rating post 3Q results indicate optimistic sentiments from analysts. However, speculations regarding fair CEO compensation and returns on capital suggest vigilance.
The Cooper Companies COO News Analytics from Tue, 01 Jun 2021 07:00:00 GMT to Sun, 08 Sep 2024 13:21:53 GMT -
Rating 5
- Innovation 4
- Information 8
- Rumor -1
