Cooper Companies Reaches New 52-Week High (COO)

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model.

NEW YORK ( TheStreet) -- Cooper Companies (NYSE: COO) hit a new 52-week high Tuesday as it is currently trading at $97.08, above its previous 52-week high of $95.92 with 215,972 shares traded as of 10:40 a.m. ET. Average volume has been 460,900 shares over the past 30 days.

Cooper Companies has a market cap of $4.52 billion and is part of the health care sector and health services industry. Shares are up 33.4% year to date as of the close of trading on Monday.

The Cooper Companies, Inc. engages in the provision of medical devices for healthcare professionals worldwide. The company has a P/E ratio of 19.8, equal to the average health services industry P/E ratio and above the S&P 500 P/E ratio of 17.7.

  • ACTIVE STOCK TRADERS: Get full access to Jim Cramer's thoughts for less than $3/week - sometimes before he says them on TV! Start with a 14-Day Free Trial.

TheStreet Ratings rates Cooper Companies as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, impressive record of earnings per share growth, compelling growth in net income and attractive valuation levels. We feel these strengths outweigh the fact that the company shows weak operating cash flow. You can view the full Cooper Companies Ratings Report.

See all 52-week high stocks or get investment ideas from our investment research center.

FREE from Real Money's Jim Cramer: Winners and Losers Election 2012 - Steps to take NOW so you can profit no matter who is in charge! Free download now.
null

If you liked this article you might like

Good News Is Actually Good for the Stock Market: Market Recon

Market Recon: Banks Like JPMorgan Are Looking Sloppy, China Seems Ugly -- What Else Could Go Wrong?

Market Recon: With Snap, Only a Significant Discount Would Do for Me

Analyst Says Cooper is Poised to Gain Market Share

Water-Logged And Getting Wetter: Cooper Companies (COO)