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Investing.com - Stifel lowered its price target on Cooper Companies (NASDAQ:COO) to $85.00 from $90.00 on Thursday, while maintaining a Buy rating on the stock. According to InvestingPro data, the company currently trades at a P/E ratio of 35.7x and maintains a "GOOD" overall financial health score.
The price target reduction follows Cooper Companies’ third-quarter fiscal 2025 results, where the company’s Contact Lens (CVI) division missed Stifel’s Street-low estimate, prompting management to reduce CVI revenue guidance for the second consecutive quarter.
Cooper Surgical (CSI) revenue guidance was also lowered, though by a smaller amount, contributing to the overall downward revision in the company’s financial outlook.
Despite revenue challenges, Stifel noted Cooper Companies is effectively managing operating expenses, as fiscal year 2025 earnings per share guidance of $4.10 (midpoint) is 3% higher than projections from six months ago, even as total company organic sales growth expectations dropped to 4.25% from 7.0%.
Looking ahead to fiscal year 2026, Stifel reduced its CVI revenue growth estimate by approximately 60 basis points to 5.4%, while noting management expressed confidence in recapturing contact lens market share in 2026, supported by increased contribution from MyDay products as capacity constraints resolve and ongoing momentum from MiSight products.
In other recent news, Cooper Companies Inc . reported its Q3 2025 earnings, revealing an earnings per share (EPS) of $1.10, which exceeded the forecast of $1.06. The company’s revenue was in line with expectations, totaling $1.06 billion. These results highlight Cooper Companies’ ability to meet and slightly surpass market predictions, indicating stable financial performance. The announcement reflects positively on the company’s current fiscal health. While the earnings beat expectations, the revenue figures were precisely as analysts had projected. These developments are part of the company’s ongoing financial disclosures. The earnings report is a critical indicator for investors assessing Cooper Companies’ market position and financial trajectory.
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