The Cooper Companies Inc
COO: XNAS (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$77.00 | Wzvjbx | Xtkqyqq |
Cooper Earnings: Robust Product Offerings Bring Strong Growth Momentum Into the New Year
Narrow-moat Cooper Companies reported fiscal first-quarter results slightly above our expectations. Total sales were up 8.5% year over year, mainly driven by the strong performance of premium toric and multifocal lenses and contributions from the acquired Cook Medical assets. We maintain our $86 fair value estimate as our model adjustments were not significant enough to change our valuation.