COO Stock Summary and Trading Ideas (Cooper Companies | NASDAQ:COO)

CooperCompanies is one of the largest eyecare companies in the us. It operates in two segments: CooperVision and CooperSurgical. CooperVision is a pure-play contact lens business with a suite of spherical, multifocal, and toric contact lenses. The company also has one of the most comprehensive specialty lens portfolios in the world. With brands including Proclear, Biofinity, MyDay, and Clariti, Cooper controls roughly one fourth of the us contact lens market. CooperSurgical, founded in 1990, is made up of equipment related to reproductive care, fertility, and women's care. Cooper has the broadest medical device coverage of the entire IVF cycle. It also has Paragard, the only hormone-free IUD in the us, and controls 17% of the us IUD market.

Cooper Companies trades on the NASDAQ stock market under the symbol COO.

As of March 5, 2025, COO stock price climbed to $91.33 with 1,793,569 million shares trading.

COO has a beta of 0.46, meaning it tends to be less sensitive to market movements. COO has a correlation of 0.06 to the broad based SPY ETF.

COO has a market cap of $18.26 billion. This is considered a Large Cap stock.

Last quarter Cooper Companies reported $1 billion in Revenue and $1.04 earnings per share. This fell short of revenue expectation by $-12 million and exceeded earnings estimates by $.04.

In the last 3 years, COO traded as high as $112.38 and as low as $61.05.

The top ETF exchange traded funds that COO belongs to (by Net Assets): VTI, VOO, VO, SPY, IVV.

COO has underperformed the market in the last year with a return of -11.1%, while the SPY ETF gained +15.2%. In the last 3 month period, COO fell short of the market, returning -13.0%, while SPY returned -3.7%. However, in the most recent 2 weeks COO has outperformed the stock market by returning +4.6%, while SPY returned -4.6%.

COO support price is $89.33 and resistance is $92.01 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that COO shares will trade within this expected range on the day.