Cooper Companies
About: CooperCompanies is one of the largest eyecare companies in the us. It operates in two segments: CooperVision and CooperSurgical. CooperVision is a pure-play contact lens business with a suite of spherical, multifocal, and toric contact lenses. The company also has one of the most comprehensive specialty lens portfolios in the world. With brands including Proclear, Biofinity, MyDay, and Clariti, Cooper controls roughly one fourth of the us contact lens market. CooperSurgical, founded in 1990, is made up of equipment related to reproductive care, fertility, and women's care. Cooper has the broadest medical device coverage of the entire IVF cycle. It also has Paragard, the only hormone-free IUD in the us, and controls 17% of the us IUD market.
Employees: 15,000
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
72% more call options, than puts
Call options by funds: $13.9M | Put options by funds: $8.09M
30% more first-time investments, than exits
New positions opened: 90 | Existing positions closed: 69
1% more funds holding
Funds holding: 649 [Q3] → 653 (+4) [Q4]
0.45% more ownership
Funds ownership: 97.65% [Q3] → 98.1% (+0.45%) [Q4]
9% less repeat investments, than reductions
Existing positions increased: 228 | Existing positions reduced: 250
15% less capital invested
Capital invested by funds: $21.4B [Q3] → $18.1B (-$3.29B) [Q4]
33% less funds holding in top 10
Funds holding in top 10: 6 [Q3] → 4 (-2) [Q4]
Research analyst outlook
3 Wall Street Analysts provided 1 year price targets over the past 3 months
3 analyst ratings
Citigroup Joanne Wuensch 73% 1-year accuracy 35 / 48 met price target | 30%upside $115 | Buy Maintained | 6 Dec 2024 |
Morgan Stanley Patrick Wood 64% 1-year accuracy 7 / 11 met price target | 15%upside $102 | Equal-Weight Maintained | 6 Dec 2024 |
Wells Fargo Larry Biegelsen 66% 1-year accuracy 31 / 47 met price target | 33%upside $118 | Overweight Maintained | 6 Dec 2024 |
Financial journalist opinion
