How to Buy Cooper Companies Stock
Cooper Companies Inc
The Cooper Companies, Inc. , together with its subsidiaries, develops, manufactures, and markets contact lens wearers. The company operates in two segments, CooperVision and CooperSurgical.
Cooper Companies stock last closed at $91.68, up 1.82% from the previous day, and has decreased 4.87% in one year. It has overperformed other stocks in the Medical Instruments & Supplies industry by 0.08 percentage points. Cooper Companies stock is currently +20.73% from its 52-week low of $75.94, and -11.91% from its 52-week high of $104.07.
As of Apr 23, 2024, there are 198.76M shares of COO outstanding. The market value of COO is $18.22B. In the past 24 hours, 874,961 COO shares were traded.
How to Buy Cooper Companies Stock
Not sure how to invest in Cooper Companies stock? Here's how.
- Choose where to buy Cooper Companies stock: You need to pick an online brokerage, but don't worry - we've analyzed dozens of online brokerages and apps to help you determine where to buy Cooper Companies stock.
- Sign up for your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
- Fund your brokerage account: Pick your payment method and add your information.
- Research Cooper Companies stock: The Cooper Companies ticker symbol is COO. Is Cooper Companies stock a good investment? Should you buy shares of COO? How do COO's underlying business fundamentals look? Do top analysts think Cooper Companies is a good buy? Why has COO's stock price moved recently? (Hint: Our stock market analysis website can help you decide if COO is a good stock to buy).
- Execute your COO purchase: Decide if you will purchase COO shares at the current market price or use a limit order to buy COO shares at a specific price.
- Track your COO investment: Create a watchlist to key updates about your position in Cooper Companies stock.
Step 1: Choose where to buy Cooper Companies stock
You will need a brokerage account in order to access the NASDAQ market and buy COO stock.
Our favorite brokerage: eToro
In our opinion, eToro is the best online stock brokerage. eToro gives you:
- Invest in stocks with zero commissions: Invest without paying trading commissions.
- Buy fractional shares: Even if you don't have the money to buy a full share, you can still invest in the stock.
- Access to global markets: From Technology to Energy, New York to Shanghai — you can fill your portfolio with stocks from the world's leading stock exchanges.
- Social investing: eToro boasts a community of more than 20 million users worldwide. Talk to, learn from, and copy the crypto trades of other investors.
- Security: eToro is a regulated and licensed brokerage platform.
- Buy other financial assets: Such as ETFs and cryptocurrencies.
Get $10 towards your purchase of stock by opening an account with eToro now.
Open eToro AccountStep 2: Sign up for your brokerage account
Now that you've selected the best brokerage, you'll need to fill out some personal details so you are able to buy COO stock today.
How to Open a New Investment Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Enter your personal details to start your new trading account.
- Submit your application by hitting the "Create Account" button. Get started with eToro today
Step 3: Fund your brokerage account
Now that you have filled out your info on apps for stocks, you need to deposit funds:
Check out this video walkthrough if you need help depositing funds into your new brokerage account.
Step 4: Research Cooper Companies stock
Once you have decided on the best place to buy Cooper Companies stock, it's important to evaluate their stock before you buy, so you actually comprehend the risk as well as the opportunity.
Overview of key COO info
COO Due Diligence Checks
WallStreetZen was designed to help everyday investors perform more in-depth fundamental analysis in minutes instead of hours.
You can see all of the due diligence checks on COO's stock page.
What is the fair value of COO stock?
You can use a variety of different financial metrics, analyses, models, and charts to gauge COO's intrinsic value.
Using relative valuations ratios:
- COO may be overvalued based on its P/E ratio of 62.58x, relative to Medical Instruments & Supplies industry P/E ratio of 48.7x
- COO may be undervalued based on its P/B ratio of 2.37x, relative to Medical Instruments & Supplies industry P/B ratio of 3.54x
- COO could be undervalued based on its PEG ratio of 0.9x
You can access more valuation analysis on COO's stock here.
COO Financial Overview
Passed Health Checks:
- There are more short-term assets than short-term liabilities on the COO balance sheet.
- Total COO debt is lower than 5 years ago, relative to shareholder equity.
- COO's operating cash flow of $563.60M allows it to safely service it's debt of $2.77B.
Failed Health Checks:
- COO profit margin has gone down from 11.1% to 7.9% in the past year.
- COO earnings of $519.90M is not enough to cover its interest payments.
- COO has a relatively high debt to equity ratio of 0.56.
- There are more long-term liabilities than short-term assets on the COO balance sheet.
Is it a good time to buy COO stock, according to Wall Street analysts?
Out of 8 Equities analysts who monitor COO, the consensus analyst rating on COO is a Strong Buy
Please note that analyst forecasts are not stock recommendations, nor are they investment advice.
Most Recent COO Analyst Ratings
Anthony Petrone, a top 15% analyst from Mizuho maintains COO with a strong buy rating and raises their COO price target from $102.50 to $115.00, on Mar 1, 2024.
Patrick Wood, a top 19% analyst from Morgan Stanley maintains COO with a hold rating and lowers their COO price target from $102.50 to $88.75, on Dec 4, 2023.
Craig Bijou, a top 5% analyst from Bank of America initiates coverage on COO with a strong buy rating and announces their COO price target of $95.00, on Oct 30, 2023.
You can dig deeper into what analysts are saying on the Cooper Companies stock forecast page.
Metrics for Advanced COO Traders
COO Performance Metrics
Last year, COO earnings were $290.80M. In the past five year, COO's earnings have grown by -4.63% per year. This was slower than the Medical Instruments & Supplies industry average of 16.98%.
Last year, COO revenue was $3.67B. During the past 5 year, COO's revenue has increased by 7.36% per year. This was slower than the Medical Instruments & Supplies industry average of 9.47%.
You can research COO's earnings and revenue performance here.
Latest Insiders Trades at COO
Over the past year, insiders at COO have sold more shares than they have bought.
Agostino Ricupati, SVP CAO of COO, was the latest COO insider to sell. They sold $2,979,138.98 worth of COO shares on Mar 18, 2024.
Dig into more about who owns COO stock here.
Can I rely on COO as an income stream?
Cooper Companies pays a dividend of 0.01%, compared to the Medical Instruments & Supplies industry's average dividend yield of 1.3%. If you owned $1,000 worth of COO stock, you would have received $0.08 last year.
Cooper Companies dividend payments have not consistently grown over the past decade but have remained stable.
Get more analysis about Cooper Companies dividend yield and history here.
Get analysis from other traders
One of the biggest reasons eToro is our favorite brokerage is because of its social trading community.
Click below to see what other traders have to say.
Step 5: Execute your COO purchase
There are two primary options:
- Market order: A market order is an order to buy or sell a stock at the best available price.
Market orders are usually fine. - Limit order: A limit order is an order to buy or sell a stock at a specific price (or better).
If you want to be certain you're buying or selling at a given dollar amount limit, use a limit order.
Press the Open button and eToro will place your order.
If you need more help with buying stocks on eToro, watch the how to video below:
Step 6: Track your COO investment
Now that you own some COO stock, you'll want to stay up-to-date on your investment.
Make a watchlist to see the latest developments about your COO stock.
COO Feed
How to Buy Stock in Cooper Companies
To reiterate, here are the 6 steps you need to take to buy Cooper Companies stock right now:
- Choose where to buy Cooper Companies stock
- Sign up for your brokerage account
- Fund your brokerage account
- Research Cooper Companies stock
- Execute your COO purchase
- Track your COO investment
If you need a place to buy stocks, eToro is our recommended option.
Get Started with eToro TodayIf you would like to keep track of your investment in Cooper Companies, click below.
More Content You May Enjoy
FAQ
Company
AboutNewsBlogStock Investing FAQPlansPrivacy PolicyTerms of ServiceCancellation & RefundsHelp GuidesContactTwitterYouTubeNewsletterInformation is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.