|Bid||376.08 x 2200|
|Ask||376.55 x 800|
|Day's Range||371.33 - 378.61|
|52 Week Range||236.68 - 382.54|
|Beta (5Y Monthly)||0.82|
|PE Ratio (TTM)||78.36|
|Forward Dividend & Yield||0.06 (0.02%)|
|Ex-Dividend Date||Jan 21, 2021|
|1y Target Est||N/A|
What are the early trends we should look for to identify a stock that could multiply in value over the long term? One...
In the current market session, Cooper Companies Inc. (NYSE:COO) is trading at $362.98, after a 0.52% drop. However, over the past month, the stock went up by 7.40%, and in the past year, by 9.21%. Shareholders might be interested in knowing whether the stock is overvalued, even if the company is not performing up to par in the current session.Assuming that all other factors are held constant, this could present itself as an opportunity for shareholders trying to capitalize on the higher share price. The stock is currently under from its 52 week high by 2.32%.The P/E ratio measures the current share price to the company's earnings per share. It is used by long-term investors to analyze the company's current performance against its past earnings, historical data and aggregate market data for the industry or the indices, such as S&P 500. A higher P/E indicates that investors expect the company to perform better in the future, and the stock is probably overvalued, but not necessarily. It also shows that investors are willing to pay a higher share price currently, because they expect the company to perform better in the upcoming quarters. This leads investors to also remain optimistic about rising dividends in the future.View more earnings on COODepending on the particular phase of a business cycle, some industries will perform better than others.Compared to the aggregate P/E ratio of the 117.22 in the Health Care Equipment & Supplies industry, Cooper Companies Inc. has a lower P/E ratio of 75.9. Shareholders might be inclined to think that the stock might perform worse than its industry peers. It's also possible that the stock is undervalued.There are many limitations to price to earnings ratio. It is sometimes difficult to determine the nature of the earnings makeup of a company. Shareholders might not get what they're looking for, from trailing earnings.See more from Benzinga * Click here for options trades from Benzinga * Price Over Earnings Overview: Taiwan Semiconductor * A Look Into Chart Industries Price Over Earnings(C) 2021 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Cooper Companies (COO) continues to benefit from solid CVI and CSI product portfolios.