Intelligent Investor

Cochlear Limited (ASX: COH) - Share Price and Research

- Current share price for COH : $314.770

Cochlear Limited (COH), an ASX-listed company, is a manufacturer and distributor of cochlear implantable devices for hearing impaired. Cochlear have operations in over 30 countries distributing its products in America, Asia Pacific and Europe.

COH General Information +

ASX Code COH
Website http://www.cochlear.com
Industry/Sector Health Care Equipment
Market Cap ($M) 20,615
COH Share Price $314.770
Day High $317.760
Day Low $313.000
Last Close $314.770
COH Share Price Movement - ( No change )
Prices as at 16:40, 16 Apr 2024
+Security prices are delayed by at least 20 minutes and are indicative only.

Recommendation

Cochlear Limited - COH
BUY
below Recommendation Locked
HOLD
up to Recommendation Locked
SELL
above Recommendation Locked
Current price
$314.77 at 16:40 (16 April 2024)

Price at review
$329.15 at (20 February 2024)

Max Portfolio Weighting
Maximum Portfolio Weighting Locked

Business Risk
Business Risk Locked

Share Price Risk
Share Price Risk Locked
All Prices are in AUD ($)
Upsell Banner

COH Related Research

Cochlear Limited (COH) Upcoming Dividends & Yields

Distribution Type Dividend Franking Ex-dividend date Payment date Current Price+ Price 7D Avg Dividend Yield
Result $2.00 70% 21 Mar 2024 15 Apr 2024 $314.770 $319.070 1.18%
HFResult $1.75 70% 18 Sep 2023 11 Oct 2023 $314.770 $319.070 1.18%
Result $1.55 35% 21 Mar 2023 14 Apr 2023 $314.770 $319.070 1.18%

See all dividends from Cochlear Limited (COH) or use our Upcoming Dividends tool to search for dividends across all ASX-listed securities.

Cochlear Limited (COH) Recent ASX Announcements

Headline Annoucement date/time+ Price at announcement+ Current price+ Price 7D Avg Gain/Loss
Notification of cessation of securities - COH 5 Apr 2024 9:36AM $333.590 $314.770 $319.070 fallen by 5.64%
AXX: ACCC will not oppose revised Cochlear, Oticon transacti 4 Apr 2024 9:08AM $329.930 $314.770 $319.070 fallen by 4.59%
Appendix 3Z - Yasmin Allen 2 Apr 2024 9:13AM $337.520 $314.770 $319.070 fallen by 6.74%
  • + Company announcements and prices are delayed by at least 20 minutes. Prices are indicative only.

See all ASX announcements from Cochlear Limited (COH) or use our ASX Announcements tool to search for announcements across all ASX-listed securities.

COH Financial Summary

Year to Jun NPAT EPS EPS chg (%) PER DPS Yield (%) Franking (%)
2025F $435.94 $661.38 11.10% 47.59 460.00 1.46% 100.0%
2024F $392.52 $595.51 28.60% 52.86 420.00 1.33% 100.0%
2023A $305.20 $463.15 10.00% 47.25 330.00 1.51% 53.6%

COH Peer Comparison

Company Mkt Cap EPS Growth (%) P/E (%) Dividend Yield (%)
2023 A 2024 F 2025 F 2023 A 2024 F 2025 F 2023 A 2024 F 2025 F
Cochlear (COH) $20,852M 0.1063 0.3407 0.1157 68.7527 51.2821 45.9628 1.04% 1.32% 1.52%
Fisher & Paykel Hlth (FPH) $14,214M -0.3337 0.0147 0.3119 60.4720 59.5984 45.4274 1.67% 1.34% 1.49%
ResMed (RMD) $17,874M 0.1879 0.0958 0.1089 31.2154 28.4852 25.6870 0.71% 0.96% 1.06%

COH Market Comparison

Earnings P/E Ratio P/B Ratio P/E Growth
Company 1.57 53.50 11.80 2.40
Market 0.64 16.40 1.38 1.28
Sector 0.86 32.50 2.34 2.40

COH Directors

Name Position Start Date
Ms Christine Frances McLoughlin Non-Executive Director 1 Nov 2020
Mr Michael Grenfell Daniell Non-Executive Director 1 Jan 2020
Ms Karen Lee Collett Penrose Non-Executive Director 1 Jul 2022
Mr Glen Francis Boreham Non-Executive Director 1 Jan 2015
Professor Bruce Gregory Robinson Non-Executive Director 13 Dec 2016
Mr Michael del Prado Non-Executive Director 1 Jan 2022
Ms Catriona Alison Deans Non-Executive Director, Non-Executive Chairman 1 Jan 2015
Mr Dig Howitt President, Chief Executive Officer, Managing Director 14 Nov 2017

Cochlear Limited (COH) Changes in Directors' Interest & Trades

Date of change Director Buy/Sell Security Type Qty Trade Price Value
12 Mar 2024 HOWITT, Dig Buy Direct Shares 279 $217.280 $60,621.120
12 Mar 2024 HOWITT, Dig Exercise Options 279 $217.280 $60,621.120
14 Nov 2023 DEL PRADO, Michael Buy Direct Shares 117 $169.220 $19,798.740

See all changes in directors' interest & trades for Cochlear Limited (COH) or use our Changes in directors' interest tool to search for changes & trades across all ASX-listed securities.

COH Management

Name Position
Ray Jarman Company Secretary

COH Substantial Shareholders

Under ASX rules large investors and investment funds must disclose when they own more than a 5% stake in Cochlear Limited (COH). However, you won't necessarily see their names in the company’s annual report, as many trade under nominee names. These shareholders are obliged to provide ongoing substantial notices relating to any change of 1% or more.

Holding Name
4,477,869 (6.82%) BlackRock Group
3,863,824 (5.88%) State Street Corporation and subsidiaries
3,541,229 (5.39%) Algemen Burgerlijk PSF
3,299,003 (5.02%) Pinnacle Investment Management Group Limited

COH Calendar of Events

Date Event
17 February 2025 Report (Interim)
13 August 2024 Report (Annual)
13 August 2024 Report (Prelim)

FAQs about Cochlear Limited (COH)

Cochlear Limited's (COH) current share price is $314.77. This constitutes a price movement of 1.35% when compared to the share price 7 days ago and is -10.11% below COH's 12-month high of $350.17 per share. Prices are delayed by at least 20 minutes.

Relative to the previous close share price of $314.77, Cochlear Limited's (COH) current share price of $314.77 constitutes a movement of or 0%. Cochlear Limited's (COH) share price movement is -1.35% when compared to 7 days ago and is -10.11% below COH's 52-week high of $350.17.

Cochlear Limited's (COH) 52-week high is $350.17 which was reached on 29 Feb 2024. Relative to this, COH's current share price of $314.77 constitutes a -$35.40 or -10.11% drop since that high of $350.17 per COH share.

Cochlear Limited's (COH) 52-week low is $221.56 which was reached on 7 Jul 2023. Relative to this, COH's current share price of $314.77 constitutes a $93.21 or 42.07% gain since that low of $221.56 per COH share.

Over the last 12 months, Cochlear Limited (COH) has a daily average trading volume of 145,221 COH shares per day.

Cochlear Limited (COH) has a current dividend yield of n/a this year. Last year's dividend yield was 1.40%. The dividend yield for COH is a ratio that tells you the percentage of Cochlear Limited's (COH) share price that it pays out in dividends each year.

Cochlear Limited (COH) last dividend payment was $2.00 per share and was paid on 15 Apr 2024. This last COH dividend included 70% franking.

Cochlear Limited (COH) has a franking level of 100%. Franking represents the tax Cochlear Limited (COH) has already paid on any profit it distributes to shareholders as a dividend.

Cochlear Limited (COH) will release its next Annual Report on 13 August 2024. Cochlear Limited's (COH) last annual report was released on 15 Aug 2023. Click here to view Cochlear Limited's (COH) last annual report.

Cochlear Limited (COH) is classified as Health Care. Other companies in this sector include CSL Limited (CSL), ResMed Inc. (RMD), Fisher & Paykel Healthcare Corporation Limited (FPH), and Sonic Healthcare Limited (SHL).

The price-to-earnings (P/E) ratio for Cochlear Limited (COH) is 53.5. The price-to-earnings ratio, also known as P/E ratio, P/E, or PER, is the ratio of Cochlear Limited's (COH) share price to its earnings per COH share.

DISCLOSURE: InvestSMART Group Limited employees may have an interest in the securities and managed funds displayed via this service. Please refer to our Financial Services Guide for more information.

Data shown on this website is sourced by Morningstar
© 2017 Morningstar. All rights reserved. Neither any Morningstar company nor any of their content providers guarantee the data or content contained herein to be accurate, complete or timely nor will they have any liability for its use or distribution. Any general advice has been prepared by Morningstar Australasia Pty Ltd (ABN: 95 090 665 544, AFSL: 240892) and/or Morningstar Research Limited, subsidiaries of Morningstar, Inc, without reference to your objectives, financial situation or needs. You should consider the advice in light of these matters and, if applicable, the relevant Product Disclosure Statement (in respect of Australian products) or Investment Statement (in respect of New Zealand products) before making any decision to invest. No Morningstar-affiliated company or any of their employees is providing you with personalised financial advice. To obtain advice tailored to your particular circumstances, please contact a professional financial adviser. Some material is copyright and published under licence from ASX Operations Pty Limited ACN 004 523 782 ("ASXO"). Data and content is provided for personal use only.