With 0.85 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.42 million shares. During the session, the Mortgage Finance company that operates in wider Financial sector, reached to the highest price of $98.755 whereas the lowest price it dropped to was $94.74. The 52-week range on COOP shows that it touched its highest point at $97.35 and its lowest point at $54.07 during that stretch. It currently has a 1-year price target of $112.57. Beta for the stock currently stands at 1.41.
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Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of COOP was up-trending over the past week, with a rise of 11.36%, but this was up by 4.90% over a month. Three-month performance surged to 13.24% while six-month performance rose 17.49%. The stock gained 72.67% in the past year, while it has gained 51.43% so far this year. A look at the trailing 12-month EPS for COOP yields 7.74 with Next year EPS estimates of 13.19. For the next quarter, that number is 2.69. This implies an EPS growth rate of 41.32% for this year and 26.67% for next year. EPS is expected to decline by -3.69% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -11.06%.
Float and Shares Shorts:
At present, 64.60 million COOP shares are outstanding with a float of 61.64 million shares on hand for trading. On 2024-10-15, short shares totaled 1.46 million, which was 229.0 higher than short shares on 1726185600. In addition to Mr. Jesse K. Bray as the firm’s Chairman & CEO, Mr. Kurt G. Johnson serves as its Executive VP & CFO.
Institutional Ownership:
Through their ownership of 0.90259004 of COOP’s outstanding shares, institutional investors have minority control over the company.
An Overview of Recent Financials:
Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-09-30, COOP reported revenue of $651000000.0 and operating income of $117000000.0. The EBITDA in the recently reported quarter was $126000000.0 and diluted EPS was $1.22.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for COOP since 5 analysts follow the stock currently. There are 4 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 1 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With COOP analysts setting a high price target of 126.0 and a low target of 105.0, the average target price over the next 12 months is 112.57. Based on these targets, COOP could surge 27.78% to reach the target high and rise by 6.48% to reach the target low. Reaching the average price target will result in a growth of 14.16% from current levels.
Analysts have provided yearly estimates in a range of $10.54653 being high and $10.20863 being low. For COOP, this leads to a yearly average estimate of $10.41342. The surprise factor in the prior quarter was $2.37. Based on analyst estimates, the high estimate for the next quarter is $3.25 and the low estimate is $3.04. The average estimate for the next quarter is thus $3.15.
