The Cooper Companies Inc
COO: XNAS (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$11.00 | Dqnyrl | Cyjlfft |
Maintaining Cooper's FVE as Shares Appear Fairly Valued
Business Strategy and Outlook
As a cash-pay business with sticky customers and few competitors, the contact lens industry is an attractive market, in our opinion. Four main players (Johson & Johnson, Alcon, Bausch & Lomb, and Cooper) dominate the global market, and industry regulations paired with specialized manufacturing and technological ability creates strong barriers to entry, keeping new entrants away.