Cooper Cos. (COO) Misses Q4 EPS by 11c, FY16 & Q1 Guidance Fall Short

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Piper Jaffray Cuts Numbers on Cooper Companies (COO) Amid 'Disappointing' Q4; Guidance Still 'Achievable'

December 4, 2015 9:42 AM EST

Piper Jaffray maintained an Overweight rating on Cooper Companies (NYSE: COO), and cut the price target to $145.00 (from $205.00), following the company's 4Q earnings report. COO reported Q4 revenue of $455.5M, which missed consensus estimates by about $20 million. The miss was driven by three factors; 1) Integration disruptions in Europe; 2) Heightened competition from JNJ with its new 1-day Oasys; 3) Weaker-than-expected solutions sales.

Management provided... More

Stifel Maintains Bullish View on Cooper Cos (COO) Despite Another Frustrating Quarter

December 4, 2015 8:41 AM EST

Stifel reiterated a Buy rating and $180.00 price target on Cooper Companies (NYSE: COO) following the company's 4Q earnings report. Coopers guidance was below anticipation, and likely causes another leg down in the stock. Back in September, management provided preliminary FY2016 EPS growth guidance of low-to-mid teens. Last night, Cooper provided FY16 EPS guidance of $7.75 at the mid-point.

Analyst Jonathan Block commented, "Our diligence earlier this week highlighted several near-term challenges that... More

JPMorgan Downgrades Cooper Companies (COO) to Neutral

December 4, 2015 7:27 AM EST

JPMorgan downgraded Cooper Companies (NYSE: COO) from Overweight to Neutral with a price target of $145.00 (from $175.00).

For an analyst ratings summary and ratings history on Cooper Companies click here. For more ratings news on Cooper Companies click here.

Shares of Cooper Companies closed at $142.05 yesterday.

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