Why The Cooper Companies (COO) is a Top Growth Stock for the Long-Term

According to Zacks, The Cooper Companies (COO), a specialty medical device company, is a stock to watch for growth investors. COO currently holds a Zacks Rank #3 (Hold) with a VGM Score of A and a Growth Style Score of B, projecting a 9.8% year-over-year earnings growth for the current fiscal year; furthermore, the consensus estimate for fiscal year 2025 has increased by $0.07 to $4.05 per share following upward revisions by seven analysts in the last 60 days.

Analysis

The Cooper Companies (COO), a global specialty medical device company, currently holds a Zacks Rank #3 (Hold) yet exhibits strong growth characteristics, making it a noteworthy stock for investors. The company scores an 'A' for VGM and a 'B' for Growth under the Zacks Style Scores system, indicative of its potential. This is supported by a forecasted 9.8% year-over-year earnings growth for the current fiscal year. Furthermore, positive sentiment from analysts is evident, with seven upward revisions to fiscal 2025 earnings estimates in the last 60 days, pushing the Zacks Consensus Estimate up by $0.07 to $4.05 per share. COO also boasts an average earnings surprise of 3.2%, suggesting a track record of exceeding expectations. According to Zacks' methodology, a #3 ranked stock with A or B Style Scores, like COO, warrants consideration for its upside potential, aligning with the article's presentation of COO as a top growth stock for the long-term.

Key Decisions for Investors

• Investors with a growth focus should consider The Cooper Companies for their watchlist, given its strong B Growth Score, A VGM Score, and projected 9.8% current-year earnings growth, despite the current Zacks #3 (Hold) rating.
• Monitor for any upward changes in COO's Zacks Rank, as this could further validate the positive outlook suggested by the recent upward revisions in fiscal 2025 earnings estimates to $4.05 per share and its consistent 3.2% average earnings surprise.
• While the 'Hold' rating merits a degree of caution, the combination of favorable style scores and positive analyst estimate revisions suggests that COO may present an opportunity for investors willing to look beyond the headline rank for underlying growth potential.