The Cooper Companies Inc
COO: XNAS (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$27.00 | Pdpbsw | Rxnfsqm |
Cooper Positioned Well Against Potential Headwinds; Maintaining $359 Fair Value Estimate
Narrow-moat Cooper Companies posted moderate third-quarter results, as organic revenue grew 9% year over year, tempered by a lower adjusted operating margin due to currency and product mix. Looking ahead, we have an optimistic view of the firm’s innovation potential and industry economics. Furthermore, demand for contact lenses and contraception is fairly insulated during recessions. We maintain our fair value estimate of $359 per share.