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Coherent Corp (COHR)
NYSE:COHR
Coherent Corp (COHR) Stock Price & Analysis
2,050 Followers
COHR Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$26.29 - $67.94
Previous Close$53.05
Volume1.69M
Average Volume (3M)2.35M
Market Cap
$7.91B
Enterprise Value$11.82B
Total Cash (Recent Filing)$856.25M
Total Debt (Recent Filing)$4.39B
Price to Earnings (P/E)-18.9
Beta2.10
Next Earnings
May 01, 2024EPS Estimate
$0.41Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-2.81
Shares Outstanding151,813,356
10 Day Avg. Volume1,404,850
30 Day Avg. Volume2,354,792
Standard Deviation0.15
R-Squared0.35
Alpha-0.00126
Financial Highlights & Ratios
Price to Book (P/B)-2.91
Price to Sales (P/S)1.53
Price to Cash Flow (P/CF)30.30
P/FCF Ratio22.50
Enterprise Value/Market CapN/A
Enterprise Value/Revenue2.39
Enterprise Value/Gross Profit7.31
Enterprise Value/Ebitda38.49
Forecast
1Y Price Target
$64.55Price Target Upside21.68% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering12
Coherent Corp News
Bulls Say, Bears Say
Bulls Say
Financial PerformanceAnalysts maintain a Buy rating for COHR, indicating a positive view on the stock's future performance, with a target price increase from $40 to $65.
Market ExpansionCoherent now expects a 25% CAGR for the Datacom transceiver market over the next five years, indicating strong long-term growth prospects for the company.
Product GrowthCOHR's AI-related transceiver business is experiencing healthy growth which is expected to continue, supporting positive momentum for the company's stock.
Bears Say
Financial PerformanceTotal orders decreased year-over-year by 4% and sequentially by 7% due to ongoing macroeconomic uncertainty.
Leadership ChangeLong-time CEO Chuck Mattera to retire by end of CY24.
Market CompetitionCompetition from Innolight still present and could create long-term pricing/margin pressure.
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Ownership Overview
5.96% Insiders
38.83% Mutual Funds
23.82% Other Institutional Investors
31.40% 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 $26.29 and its highest was $67.94 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 May 01, 2024 which is in 13 days.
How were Coherent Corp’s earnings last quarter?
Coherent Corp released its earnings results on Feb 05, 2024. The company reported $0.36 earnings per share for the quarter, beating the consensus estimate of $0.255 by $0.105.
Is Coherent Corp overvalued?
According to Wall Street analysts Coherent Corp’s price is currently Undervalued.
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 $0.41.
How many shares outstanding does Coherent Corp have?
Coherent Corp has 151,813,350 shares outstanding.
What happened to Coherent Corp’s price movement after its last earnings report?
Coherent Corp reported an EPS of $0.36 in its last earnings report, beating expectations of $0.255. Following the earnings report the stock price went up 17.361%.
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 816M.
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Coherent Corp Stock Smart Score
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$64.55 (21.68% Upside)
$64.55 (21.68% Upside)
Blogger Sentiment
Bullish
COHR Sentiment 100%
Sector Average 70%
Sector Average 70%
Hedge Fund Trend
Increased
By 919.8K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.0%
Last 30 Days ▼ 5.6%
Last 30 Days ▼ 5.6%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
56.48%
12-Months-Change
Fundamentals
Return on Equity
-3.57%
Trailing 12-Months
Asset Growth
3.93%
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
Q2 2024
0:00 / 0:00
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COHR Stock 12 Months Forecast
Average Price Target
$64.55
▲(21.68% Upside)
Technical Analysis
Best Analysts Covering COHR
1 Year
1 Year Success Rate
20/30 ratings generated profit
1 Year Average Return
+18.79%
assigned a buy rating 2 months ago
Copying Richard Shannon's trades and holding each position for 1 Year would result in 66.67% of your transactions generating a profit, with an average return of +18.79% per trade.
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