Cooper Companies Inc has reached a new 52-week low, with its stock price touching 62.18 USD. This milestone underscores a challenging period for the company, as evidenced by its significant 1-year change of -21.62%. The decline in stock value over the past year highlights the market’s cautious sentiment towards the company, which has faced various headwinds impacting its performance. Despite these challenges, analyst targets suggest potential upside, with price targets ranging from $66 to $105.
In other recent news, Cooper Companies reported its third-quarter fiscal 2025 earnings, surpassing earnings per share (EPS) expectations with a reported EPS of $1.10, compared to the forecasted $1.06. The company’s revenue met expectations, totaling $1.06 billion. Despite this positive earnings report, Cooper Companies’ Contact Lens (CVI) division missed revenue estimates, leading to a reduction in CVI revenue guidance for the second consecutive quarter. Stifel, a financial services firm, responded by lowering its price target for Cooper Companies from $90.00 to $85.00, citing revenue concerns. However, Stifel maintained a Buy rating on the stock.
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