Innovative Eyewear (NASDAQ:LUCY) versus Cooper Companies (NYSE:COO) Financial Analysis

Cooper Companies (NYSE:COO – Get Rating) and Innovative Eyewear (NASDAQ:LUCY – Get Rating) are both medical companies, but which is the superior investment? We will contrast the two companies based on the strength of their earnings, profitability, analyst recommendations, dividends, institutional ownership, valuation and risk.

Analyst Ratings

This is a breakdown of recent ratings and price targets for Cooper Companies and Innovative Eyewear, as reported by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Cooper Companies	0	1	7	0	2.88
Innovative Eyewear	0	0	0	0	N/A

Cooper Companies presently has a consensus target price of $398.80, indicating a potential upside of 7.37%. Given Cooper Companies’ higher probable upside, equities research analysts clearly believe Cooper Companies is more favorable than Innovative Eyewear.

Institutional and Insider Ownership

96.8% of Cooper Companies shares are held by institutional investors. Comparatively, 2.9% of Innovative Eyewear shares are held by institutional investors. 2.0% of Cooper Companies shares are held by insiders. Comparatively, 37.8% of Innovative Eyewear shares are held by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company is poised for long-term growth.

Valuation and Earnings

This table compares Cooper Companies and Innovative Eyewear’s top-line revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Cooper Companies	$3.38 billion	5.44	$385.80 million	$7.55	49.20
Innovative Eyewear	$660,000.00	22.96	-$5.68 million	N/A	N/A

Cooper Companies has higher revenue and earnings than Innovative Eyewear.

Profitability

This table compares Cooper Companies and Innovative Eyewear’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Cooper Companies	11.10%	8.39%	5.18%
Innovative Eyewear	N/A	-184.72%	-136.38%

Summary

Cooper Companies beats Innovative Eyewear on 8 of the 10 factors compared between the two stocks.

About Cooper Companies

(Get Rating)

The Cooper Cos, Inc. operates as a medical device company. It operates through the Cooper Vision and Cooper Surgical segments. The Cooper Vision segment develops, manufactures, and markets products for contact lens wearers, which solves vision challenges such as astigmatism, presbyopia, myopia, ocular dryness, and eye fatigues. The Cooper Surgical segment focuses on the provision of advancement for the health of women, babies, and families through women’s health and fertility products and services. The company was founded in 1958 and is headquartered in San Ramon, CA.

About Innovative Eyewear

(Get Rating)

Innovative Eyewear, Inc. develops and sells smart eyeglasses and sunglasses. The company's flagship product is Lucyd Lyte glasses that enable the wearer to listen to music, take and make calls, and use voice assistants to perform various smartphone tasks hands-free. It also offers Vyrb, a social media application that enables the user to receive and send posts through Lucyd Lyte smart glasses with voice. The company sells its products through various e-commerce and retail distribution channels. Innovative Eyewear, Inc. has a partnership with Lucyd. The company was founded in 2019 and is headquartered in North Miami, Florida. Innovative Eyewear, Inc. operates as a subsidiary of Lucyd Ltd.