Cooper Companies (NASDAQ:COO) Releases FY 2026 Earnings Guidance

Cooper Companies (NASDAQ:COO) updated its FY 2026 earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of 4.580-4.660 for the period, compared to the consensus estimate of 4.620. The company issued revenue guidance of $4.3 billion-$4.3 billion, compared to the consensus revenue estimate of $4.3 billion.

Cooper Companies Price Performance

Shares of NASDAQ COO traded up $1.68 during midday trading on Thursday, hitting $62.02. 3,967,583 shares of the company’s stock were exchanged, compared to its average volume of 2,227,799. The company has a current ratio of 1.34, a quick ratio of 0.79 and a debt-to-equity ratio of 0.22. The business’s fifty day moving average price is $65.34 and its two-hundred day moving average price is $74.64. The company has a market cap of $12.10 billion, a price-to-earnings ratio of 30.70, a PEG ratio of 1.53 and a beta of 0.87. Cooper Companies has a 12-month low of $58.89 and a 12-month high of $89.83.

Cooper Companies (NASDAQ:COO) last posted its quarterly earnings data on Thursday, June 4th. The medical device company reported $1.21 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.10 by $0.11. The firm had revenue of $1.08 billion during the quarter, compared to analysts’ expectations of $1.05 billion. Cooper Companies had a return on equity of 10.34% and a net margin of 9.67%.Cooper Companies has set its FY 2026 guidance at 4.580-4.660 EPS. As a group, research analysts forecast that Cooper Companies will post 4.62 EPS for the current fiscal year.

Wall Street Analyst Weigh In

COO has been the topic of a number of recent research reports. Mizuho set a $85.00 price objective on Cooper Companies and gave the company an “outperform” rating in a research note on Thursday. Rothschild & Co Redburn lowered shares of Cooper Companies from a “buy” rating to a “neutral” rating and set a $85.00 price target on the stock. in a report on Wednesday, March 4th. Piper Sandler set a $86.00 price objective on shares of Cooper Companies and gave the company an “overweight” rating in a research report on Monday. Barclays upped their price objective on shares of Cooper Companies from $98.00 to $103.00 and gave the company an “overweight” rating in a research note on Friday, March 6th. Finally, Citigroup reissued a “neutral” rating and issued a $69.00 target price (down from $80.00) on shares of Cooper Companies in a research note on Thursday, May 28th. One equities research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating, seven have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $87.00.

Key Headlines Impacting Cooper Companies

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

Institutional Trading of Cooper Companies

Several institutional investors have recently added to or reduced their stakes in COO. CYBER HORNET ETFs LLC bought a new stake in Cooper Companies in the 2nd quarter worth about $36,000. MUFG Securities EMEA plc bought a new position in Cooper Companies during the second quarter valued at approximately $42,000. IFP Advisors Inc boosted its holdings in 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. purchased a new stake in Cooper Companies in the third quarter worth approximately $59,000. Finally, Quarry LP bought a new stake in Cooper Companies in the 4th quarter worth approximately $70,000. 24.39% of the stock is currently owned by hedge funds and other institutional investors.

About Cooper Companies

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.