CooperCompanies ("Cooper") is a global medical device company. Cooper operates through two business units, CooperVision and CooperSurgical. CooperVision brings a refreshing perspective on vision care with a commitment to developing a wide range of high-quality products for contact lens wearers and providing focused practitioner support. CooperSurgical is committed to advancing the health of women, babies and families with its diversified portfolio of products and services focusing on medical devices and fertility & genomics. Headquartered in San Ramon, CA, Cooper has a workforce of more than 12,000 with products sold in over 100 countries.
6101 Bollinger Canyon Rd Ste 500
San Ramon, California 94583
Phone: 19254603600
www.coopercos.com
The Cooper Companies, Inc. (NASDAQ: COO ) is well-poised for growth, backed by strong prospects in its CooperVision and CooperSurgical business segments. Acquisitions boost the company''s portfolio and buoy optimism. However, unfavorable currency movements and rising costs continue to hurt revenues and margins, respectively. Shares of this Zacks Rank #2 (Buy) company have lost 4.1% year to date against the industry''s 0.4% growth. The S&P 500 Index has gained 17.1% in the said time frame. The Cooper Companies, with a market capitalization of $18.21 billion, is a global specialty medical device company. The company''s bottom line is estimated to improve 11.3% over the next five years. Its earnings beat estimates in two of the trailing four quarters and met the mark in the other two, delivering an average surprise of 2.50%. Image Source: Zacks Investment Research What''s Driving COO''s Performance? The Cooper Companies has been leading the specialty lenses market, owing to innovative product portfolios, market-leading flexibility and strength in key accounts.
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