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Coherent Corp (COHR)
NYSE:COHR
Coherent Corp (COHR) Stock Price & Analysis
2,086 Followers
COHR Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$28.47 - $72.49
Previous Close$71.75
Volume2.57M
Average Volume (3M)2.06M
Market Cap
$10.94B
Enterprise Value$14.85B
Total Cash (Recent Filing)$856.25M
Total Debt (Recent Filing)$4.39B
Price to Earnings (P/E)―
Beta2.43
Next Earnings
Aug 13, 2024EPS Estimate
$0.6Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-2.86
Shares Outstanding152,461,013
10 Day Avg. Volume3,056,920
30 Day Avg. Volume2,059,780
Standard Deviation0.15
R-Squared0.34
Alpha-0.00016
Financial Highlights & Ratios
Price to Book (P/B)-21.98
Price to Sales (P/S)2.12
Price to Cash Flow (P/CF)40.70
P/FCF Ratio30.20
Enterprise Value/Market CapN/A
Enterprise Value/Revenue3.00
Enterprise Value/Gross Profit9.18
Enterprise Value/Ebitda49.19
Forecast
1Y Price Target
$60.92Price Target Upside-15.09% Downside
Rating ConsensusModerate Buy
Number of Analyst Covering12
Coherent Corp News
PremiumCompany Announcements
Coherent Corp Incentivizes New CEO with Stock Plans
PremiumThe Fly
Coherent rises 17.8%
Bulls Say, Bears Say
Bulls Say
Financial PerformanceCoherent reported a net non-GAAP net income of $0.53 per diluted share on sales of $1.21 billion, surpassing the consensus estimate.
LeadershipCoherent appoints Jim Anderson as the Company’s new Chief Executive Officer, bringing in a leader with a proven track record of driving corporate strategy and achieving record operating profits.
Market PotentialStrong sales outlook with 800G transceiver sales expected to grow significantly, indicating a solid product demand levered to AI deployments.
Bears Say
Financial PerformanceExecution remains lumpy with gross margins and EBIT margins materially below semiconductor peers, limiting multiple expansion.
ManagementAn overhang on COHR over the last 3-4 months has been the announced departure of the long time CEO, Chuck Mattera, compounding the still outstanding permanent CFO role.
RevenueCoherent's backlog declined QOQ to $2.74B and a book-to-bill ratio below 1 in March indicates potential future revenue decline.
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Ownership Overview
6.00% Insiders
36.36% Mutual Funds
56.80% Other Institutional Investors
0.84% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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COHR FAQ
What was Coherent Corp’s price range in the past 12 months?
Coherent Corp lowest stock price was $28.47 and its highest was $72.49 in the past 12 months.
What is Coherent Corp’s market cap?
Currently, no data Available
When is Coherent Corp’s upcoming earnings report date?
Coherent Corp’s upcoming earnings report date is Aug 13, 2024 which is in 57 days.
How were Coherent Corp’s earnings last quarter?
Coherent Corp released its earnings results on May 06, 2024. The company reported $0.53 earnings per share for the quarter, beating the consensus estimate of $0.429 by $0.101.
Is Coherent Corp overvalued?
According to Wall Street analysts Coherent Corp’s price is currently Overvalued.
Does Coherent Corp pay dividends?
Coherent Corp does not currently pay dividends.
What is Coherent Corp’s EPS estimate?
Coherent Corp’s EPS estimate is $0.6.
How many shares outstanding does Coherent Corp have?
Coherent Corp has 152,461,010 shares outstanding.
What happened to Coherent Corp’s price movement after its last earnings report?
Coherent Corp reported an EPS of $0.53 in its last earnings report, beating expectations of $0.429. Following the earnings report the stock price went down -4.523%.
Which hedge fund is a major shareholder of Coherent Corp?
Among the largest hedge funds holding Coherent Corp’s share is Dodge & Cox. It holds Coherent Corp’s shares valued at 915M.
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Coherent Corp Stock Smart Score
Neutral
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Analyst Consensus
Moderate Buy
Average Price Target:
$60.92 (-15.09% Downside)
$60.92 (-15.09% Downside)
Blogger Sentiment
Bullish
COHR Sentiment 100%
Sector Average 69%
Sector Average 69%
Hedge Fund Trend
Decreased
By 1.6M Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $3.1M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▲ 1.2%
Last 30 Days ▲ 3.9%
Last 30 Days ▲ 3.9%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
46.69%
12-Months-Change
Fundamentals
Return on Equity
-3.78%
Trailing 12-Months
Asset Growth
2.85%
Trailing 12-Months
Company Description
Coherent Corp
II-VI, Inc. engages in the development, refinement, manufacturing, and marketing of engineered materials and opto-electronic components and devices for precision in the field of industrial materials processing, optical communications, aerospace and defense, consumer electronics, semiconductor capital equipment, life sciences, and automotive applications and markets. It operates through the following three segments: Laser Solutions, Photonics, and Performance Products. The Laser Solutions segment designs, manufactures, and markets optical and electro-optical components and materials sold under the II-VI Infrared brand name. The Photonics segment manufactures crystal materials, optics, microchip lasers, and optoelectronic modules for use in optical communications networks and other diverse consumer, life sciences, and commercial applications. The Performance Products segment designs, manufactures, and markets infrared optical components and high-precision optical assemblies for aerospace and defense, medical, and commercial laser imaging applications. The company was founded Carl J. Johnson in 1971 and is headquartered in 1971 and is headquartered in Saxonburg, PA.
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COHR Company Deck
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COHR Earnings Call
Q3 2024
0:00 / 0:00
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COHR Stock 12 Month Forecast
Average Price Target
$60.92
▼(-15.09% Downside)
Technical Analysis
Best Analysts Covering COHR
1 Year
1 Year Success Rate
15/17 ratings generated profit
1 Year Average Return
+33.29%
reiterated a buy rating last month
Copying Samik Chatterjee's trades and holding each position for 1 Year would result in 88.24% of your transactions generating a profit, with an average return of +33.29% per trade.
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