The Cooper Companies Stock Z Score

COO Stock

USD 90.64 0.89 0.99%

Altman Z Score is one of the simplest fundamental models to determine how likely your company is to fail. The module uses available fundamental data of a given equity to approximate the Altman Z score. Altman Z Score is determined by evaluating five fundamental price points available from the company's current public disclosure documents. Check out Cooper Companies Piotroski F Score and Cooper Companies Valuation analysis.

At this time, Cooper Companies' Additional Paid In Capital is very stable compared to the past year. As of the 6th of May 2024, Net Invested Capital is likely to grow to about 3.2 B, while Capital Surpluse is likely to drop about 1.6 B. At this time, Cooper Companies' Operating Income is very stable compared to the past year. As of the 6th of May 2024, EBIT is likely to grow to about 625.7 M, though Total Other Income Expense Net is likely to grow to (12.7 M).

The Cooper Companies Company Z Score Analysis

Cooper Companies' Z-Score is a simple linear, multi-factor model that measures the financial health and economic stability of a company. The score is used to predict the probability of a firm going into bankruptcy within next 24 months or two fiscal years from the day stated on the accounting statements used to calculate it. The model uses five fundamental business ratios that are weighted according to algorithm of Professor Edward Altman who developed it in the late 1960s at New York University..

Z Score

Sum Of

5 Factors

More About Z Score | All Equity Analysis

First Factor

1.2 * (

Working Capital

/

Total Assets )

Second Factor

1.4 * (

Retained Earnings

/

Total Assets )

Thrid Factor

3.3 * (

EBITAD

/

Total Assets )

Fouth Factor

0.6 * (

Market Value of Equity

/

Total Liabilities )

Fifth Factor

0.99 * (

Revenue

/

Total Assets )

Cooper Z Score Driver Correlations

Understanding the fundamental principles of building solid financial models for Cooper Companies is extremely important. It helps to project a fair market value of Cooper Stock properly, considering its historical fundamentals such as Z Score. Since Cooper Companies' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Cooper Companies' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Cooper Companies' interrelated accounts and indicators.

	Total Assets	Total Stockholder Equity	Net Debt	Retained Earnings	Net Receivables	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Accounts Payable	Common Stock	Long Term Debt	Good Will	Treasury Stock	Property Plant Equipment	Short Term Investments	Current Deferred Revenue	Net Tangible Assets	Total Permanent Equity	Capital Surpluse	Accumulated Depreciation	Short Long Term Debt	Long Term Debt Total	Cash And Equivalents	Net Invested Capital	Net Working Capital	Capital Stock
Total Assets		0.99	0.93	0.99	0.99	0.97	0.99	0.09	0.93	0.97	0.54	0.94	0.96	-0.82	0.96	-0.02	0.57	0.81	0.77	0.87	-0.89	-0.64	0.79	0.66	-0.66	0.15	0.73
Total Stockholder Equity	0.99		0.88	1.0	0.98	0.93	0.98	0.02	0.88	0.95	0.53	0.9	0.93	-0.79	0.96	-0.04	0.57	0.87	0.73	0.85	-0.86	-0.61	0.76	0.66	-0.74	0.22	0.74
Net Debt	0.93	0.88		0.89	0.94	0.99	0.93	0.27	0.95	0.93	0.55	0.98	0.95	-0.85	0.91	-0.01	0.46	0.59	0.8	0.86	-0.88	-0.71	0.78	0.58	-0.42	-0.02	0.63
Retained Earnings	0.99	1.0	0.89		0.98	0.94	0.98	0.05	0.9	0.95	0.47	0.9	0.92	-0.8	0.95	0.04	0.6	0.87	0.76	0.85	-0.88	-0.62	0.77	0.67	-0.73	0.2	0.74
Net Receivables	0.99	0.98	0.94	0.98		0.97	1.0	0.13	0.94	0.97	0.54	0.94	0.95	-0.83	0.97	0.0	0.53	0.78	0.8	0.88	-0.9	-0.65	0.76	0.63	-0.6	0.1	0.74
Total Liab	0.97	0.93	0.99	0.94	0.97		0.96	0.21	0.96	0.96	0.52	0.98	0.96	-0.84	0.92	0.03	0.55	0.67	0.8	0.87	-0.89	-0.67	0.81	0.64	-0.5	0.02	0.69
Total Current Assets	0.99	0.98	0.93	0.98	1.0	0.96		0.11	0.93	0.97	0.56	0.94	0.95	-0.84	0.97	-0.04	0.51	0.78	0.81	0.89	-0.9	-0.67	0.75	0.62	-0.6	0.13	0.74
Short Term Debt	0.09	0.02	0.27	0.05	0.13	0.21	0.11		0.26	0.1	0.2	0.07	0.14	-0.44	0.13	0.03	-0.21	-0.21	0.26	0.22	-0.33	-0.12	-0.03	0.04	0.33	-0.85	-0.2
Intangible Assets	0.93	0.88	0.95	0.9	0.94	0.96	0.93	0.26		0.9	0.47	0.92	0.88	-0.84	0.87	0.16	0.47	0.62	0.84	0.85	-0.91	-0.63	0.82	0.53	-0.42	-0.08	0.62
Accounts Payable	0.97	0.95	0.93	0.95	0.97	0.96	0.97	0.1	0.9		0.6	0.95	0.98	-0.79	0.95	-0.13	0.56	0.7	0.74	0.87	-0.85	-0.62	0.78	0.67	-0.54	0.1	0.74
Common Stock	0.54	0.53	0.55	0.47	0.54	0.52	0.56	0.2	0.47	0.6		0.54	0.67	-0.65	0.67	-0.69	-0.18	0.22	0.48	0.75	-0.58	-0.51	0.41	0.28	-0.21	0.05	0.28
Long Term Debt	0.94	0.9	0.98	0.9	0.94	0.98	0.94	0.07	0.92	0.95	0.54		0.96	-0.77	0.9	-0.04	0.55	0.63	0.77	0.84	-0.82	-0.69	0.82	0.59	-0.49	0.14	0.7
Good Will	0.96	0.93	0.95	0.92	0.95	0.96	0.95	0.14	0.88	0.98	0.67	0.96		-0.82	0.95	-0.24	0.47	0.66	0.75	0.88	-0.84	-0.69	0.73	0.6	-0.52	0.09	0.69
Treasury Stock	-0.82	-0.79	-0.85	-0.8	-0.83	-0.84	-0.84	-0.44	-0.84	-0.79	-0.65	-0.77	-0.82		-0.87	0.06	-0.13	-0.53	-0.85	-0.9	0.97	0.75	-0.6	-0.42	0.39	0.14	-0.35
Property Plant Equipment	0.96	0.96	0.91	0.95	0.97	0.92	0.97	0.13	0.87	0.95	0.67	0.9	0.95	-0.87		-0.19	0.37	0.76	0.75	0.89	-0.89	-0.67	0.67	0.57	-0.6	0.14	0.68
Short Term Investments	-0.02	-0.04	-0.01	0.04	0.0	0.03	-0.04	0.03	0.16	-0.13	-0.69	-0.04	-0.24	0.06	-0.19		0.38	0.13	0.08	-0.1	-0.04	0.12	0.21	0.13	-0.07	-0.06	0.05
Current Deferred Revenue	0.57	0.57	0.46	0.6	0.53	0.55	0.51	-0.21	0.47	0.56	-0.18	0.55	0.47	-0.13	0.37	0.38		0.61	0.21	0.29	-0.26	-0.1	0.65	0.75	-0.57	0.27	0.62
Net Tangible Assets	0.81	0.87	0.59	0.87	0.78	0.67	0.78	-0.21	0.62	0.7	0.22	0.63	0.66	-0.53	0.76	0.13	0.61		0.49	0.61	-0.64	-0.41	0.56	0.61	-0.92	0.44	0.67
Total Permanent Equity	0.77	0.73	0.8	0.76	0.8	0.8	0.81	0.26	0.84	0.74	0.48	0.77	0.75	-0.85	0.75	0.08	0.21	0.49		0.81	-0.88	-0.78	0.61	0.3	-0.3	-0.1	0.45
Capital Surpluse	0.87	0.85	0.86	0.85	0.88	0.87	0.89	0.22	0.85	0.87	0.75	0.84	0.88	-0.9	0.89	-0.1	0.29	0.61	0.81		-0.89	-0.71	0.8	0.63	-0.52	0.12	0.62
Accumulated Depreciation	-0.89	-0.86	-0.88	-0.88	-0.9	-0.89	-0.9	-0.33	-0.91	-0.85	-0.58	-0.82	-0.84	0.97	-0.89	-0.04	-0.26	-0.64	-0.88	-0.89		0.73	-0.68	-0.47	0.48	0.08	-0.43
Short Long Term Debt	-0.64	-0.61	-0.71	-0.62	-0.65	-0.67	-0.67	-0.12	-0.63	-0.62	-0.51	-0.69	-0.69	0.75	-0.67	0.12	-0.1	-0.41	-0.78	-0.71	0.73		-0.48	-0.2	0.31	-0.15	-0.36
Long Term Debt Total	0.79	0.76	0.78	0.77	0.76	0.81	0.75	-0.03	0.82	0.78	0.41	0.82	0.73	-0.6	0.67	0.21	0.65	0.56	0.61	0.8	-0.68	-0.48		0.76	-0.52	0.24	0.62
Cash And Equivalents	0.66	0.66	0.58	0.67	0.63	0.64	0.62	0.04	0.53	0.67	0.28	0.59	0.6	-0.42	0.57	0.13	0.75	0.61	0.3	0.63	-0.47	-0.2	0.76		-0.58	0.26	0.66
Net Invested Capital	-0.66	-0.74	-0.42	-0.73	-0.6	-0.5	-0.6	0.33	-0.42	-0.54	-0.21	-0.49	-0.52	0.39	-0.6	-0.07	-0.57	-0.92	-0.3	-0.52	0.48	0.31	-0.52	-0.58		-0.58	-0.54
Net Working Capital	0.15	0.22	-0.02	0.2	0.1	0.02	0.13	-0.85	-0.08	0.1	0.05	0.14	0.09	0.14	0.14	-0.06	0.27	0.44	-0.1	0.12	0.08	-0.15	0.24	0.26	-0.58		0.4
Capital Stock	0.73	0.74	0.63	0.74	0.74	0.69	0.74	-0.2	0.62	0.74	0.28	0.7	0.69	-0.35	0.68	0.05	0.62	0.67	0.45	0.62	-0.43	-0.36	0.62	0.66	-0.54	0.4

Click cells to compare fundamentals

To calculate a Z-Score, one would need to know a company's current working capital, its total assets and liabilities, and the amount of its latest earnings as well as earnings before interest and tax. Z-Scores can be used to compare the odds of bankruptcy of companies in a similar line of business or firms operating in the same industry. Companies with Z-Scores above 3.1 are generally considered to be stable and healthy with a low probability of bankruptcy. Scores that fall between 1.8 and 3.1 lie in a so-called 'grey area,' with scores of less than 1 indicating the highest probability of distress. Z Score is a used widely measure by financial auditors, accountants, money managers, loan processors, wealth advisers, and day traders. In the last 25 years, many financial models that utilize z-scores proved it to be successful as a predictor of corporate bankruptcy.

Competition

Predict Cooper Companies

In accordance with the company's disclosures, The Cooper Companies has a Z Score of 0.0. This is 100.0% lower than that of the Health Care Equipment & Supplies sector and 100.0% lower than that of the Health Care industry. The z score for all United States stocks is 100.0% higher than that of the company.

Cooper Companies ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Cooper Companies' sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Cooper Companies' managers, analysts, and investors.

Environment Score

Governance Score

Social Score

Cooper Companies Institutional Holders

Institutional Holdings refers to the ownership stake in Cooper Companies that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Cooper Companies' outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Cooper Companies' value.

		Shares
Generation Investment Management Llp	2023-12-31	1.1 M
Victory Capital Management Inc.	2023-12-31	995.2 K
Hhg Plc	2023-12-31	904.9 K
Jpmorgan Chase & Co	2023-12-31	887.4 K
Macquarie Group Ltd	2023-12-31	816.8 K
Fidelity International Ltd	2023-12-31	645.7 K
Amvescap Plc.	2023-12-31	626.4 K
Massachusetts Financial Services Company	2023-12-31	588.8 K
Norges Bank	2023-12-31	518 K
Vanguard Group Inc	2023-12-31	5.7 M
Blackrock Inc	2023-12-31	4.4 M

Cooper Fundamentals

	Return On Equity	0.0387
	Return On Asset	0.0269
	Profit Margin	0.08 %
	Operating Margin	0.16 %
	Current Valuation	20.93 B
	Shares Outstanding	198.76 M
	Shares Owned By Insiders	0.54 %
	Shares Owned By Institutions	99.46 %
	Number Of Shares Shorted	2.15 M
	Price To Earning	35.89 X
	Price To Book	2.42 X
	Price To Sales	5.07 X
	Revenue	3.59 B
	Gross Profit	2.36 B
	EBITDA	704.4 M
	Net Income	294.2 M
	Cash And Equivalents	138.2 M
	Cash Per Share	4.99 X
	Total Debt	2.57 B
	Debt To Equity	0.44 %
	Current Ratio	1.16 X
	Book Value Per Share	38.73 X
	Cash Flow From Operations	607.5 M
	Short Ratio	2.12 X
	Earnings Per Share	1.46 X
	Price To Earnings To Growth	11.55 X
	Target Price	108.36
	Number Of Employees	15 K
	Beta	0.95
	Market Capitalization	18.02 B
	Total Asset	11.66 B
	Retained Earnings	6.88 B
	Working Capital	735.9 M
	Current Asset	934.46 M
	Current Liabilities	536.46 M
	Annual Yield	0.0002 %
	Five Year Return	0.02 %
	Net Asset	11.66 B
	Last Dividend Paid	0.008

About Cooper Companies Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze The Cooper Companies's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Cooper Companies using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of The Cooper Companies based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Please read more on our fundamental analysis page.

Cooper Companies Investors Sentiment

The influence of Cooper Companies' investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Cooper. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.

Investor biases related to Cooper Companies' public news can be used to forecast risks associated with an investment in Cooper. The trend in average sentiment can be used to explain how an investor holding Cooper can time the market purely based on public headlines and social activities around The Cooper Companies. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.

Cooper Companies' market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Cooper Companies' and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Cooper Companies' news discussions. The higher the estimated score, the more favorable is the investor's outlook on Cooper Companies.

Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Cooper Companies in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Cooper Companies' short interest history, or implied volatility extrapolated from Cooper Companies options trading.

Pair Trading with Cooper Companies

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Cooper Companies position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Cooper Companies will appreciate offsetting losses from the drop in the long position's value.

Moving together with Cooper Stock

0.65	EW	Edwards Lifesciences Corp	Pair Corr
0.74	ENSG	Ensign Group	Pair Corr

Moving against Cooper Stock

0.7	GKOS	Glaukos Corp	Pair Corr
0.55	INSP	Inspire Medical Systems Financial Report 7th of May 2024	Pair Corr

The ability to find closely correlated positions to Cooper Companies could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Cooper Companies when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Cooper Companies - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling The Cooper Companies to buy it.

The correlation of Cooper Companies is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Cooper Companies moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Cooper Companies moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Cooper Companies can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

When determining whether Cooper Companies offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Cooper Companies' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of The Cooper Companies Stock. Outlined below are crucial reports that will aid in making a well-informed decision on The Cooper Companies Stock:

How To Invest In Cooper

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Is Cooper Stock a good investment?

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What is Cooper Companies' Net Worth?

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Largest Health Care Equipment & Supplies Companies

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Largest Health Care Equipment & Services Companies

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Check out Cooper Companies Piotroski F Score and Cooper Companies Valuation analysis.

You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.

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When running Cooper Companies' price analysis, check to measure Cooper Companies' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Cooper Companies is operating at the current time. Most of Cooper Companies' value examination focuses on studying past and present price action to predict the probability of Cooper Companies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cooper Companies' price. Additionally, you may evaluate how the addition of Cooper Companies to your portfolios can decrease your overall portfolio volatility.

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Is Cooper Companies' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Cooper Companies. If investors know Cooper will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Cooper Companies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

(0.04)

Dividend Share

0.008

Earnings Share

1.46

Revenue Per Share

18.496

Quarterly Revenue Growth

0.085

The market value of Cooper Companies is measured differently than its book value, which is the value of Cooper that is recorded on the company's balance sheet. Investors also form their own opinion of Cooper Companies' value that differs from its market value or its book value, called intrinsic value, which is Cooper Companies' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Cooper Companies' market value can be influenced by many factors that don't directly affect Cooper Companies' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Cooper Companies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Cooper Companies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cooper Companies' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

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The Cooper Companies Stock Z Score

The Cooper Companies Company Z Score Analysis

Z Score

Sum Of

5 Factors

First Factor

1.2 * (

Working Capital

/

Total Assets )

Second Factor

1.4 * (

Retained Earnings

/

Total Assets )

Thrid Factor

3.3 * (

EBITAD

/

Total Assets )

Fouth Factor

0.6 * (

Market Value of Equity

/

Total Liabilities )

Fifth Factor

0.99 * (

Revenue

/

Total Assets )

Cooper Z Score Driver Correlations

Cooper Companies ESG Sustainability

Cooper Companies Institutional Holders

Cooper Fundamentals

About Cooper Companies Fundamental Analysis

Cooper Companies Investors Sentiment

Pair Trading with Cooper Companies

Moving together with Cooper Stock

Moving against Cooper Stock

Complementary Tools for Cooper Stock analysis

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