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Coherent Corp (COHR)
NYSE:COHR
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COHR Stock Chart & Stats
Day’s Range― - ―
52-Week Range$47.14 - $113.60
Previous CloseN/A
Volume960.46K
Average Volume (3M)2.49M
Market Cap
$15.52B
Enterprise Value$19.56B
Total Cash (Recent Filing)$271.89M
Total Debt (Recent Filing)$322.02M
Price to Earnings (P/E)―
Beta3.49
Next Earnings
Feb 05, 2025EPS Estimate
0.69Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-1.23
Shares Outstanding154,663,990
10 Day Avg. Volume2,871,456
30 Day Avg. Volume2,491,658
Standard Deviation0.15
R-Squared0.35
Alpha0.00842
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)3.10
Price to Cash Flow (P/CF)25.40
P/FCF Ratio63.70
Enterprise Value/Market Cap1.26
Enterprise Value/Revenue3.91
Enterprise Value/Gross Profit13.44
Enterprise Value/Ebitda25.88
Forecast
1Y Price Target
$122.09Price Target Upside42.66% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering11
Coherent Corp News
Bulls Say, Bears Say
Bulls Say
Financial PerformanceThe business is considered to be attractively valued, with potential for price-to-earnings multiple expansion due to restructuring and transceiver business upside.
LeadershipThe new CEO Jim Anderson's track record at Lattice speaks for itself, and he has a great opportunity to create value at Coherent.
Market DemandCoherent will benefit from very strong end-market demand as well as the shift to AI in the Datacom transceivers market.
Bears Say
Consumer Electronics SegmentA product design change by the firm’s largest customer within the Consumer Electronics segment has impacted results.
Industrial Market PerformanceIndustrial market sales fell by 10% sequentially, and precision manufacturing is experiencing demand headwinds.
Restructuring EffortsCoherent has spent nearly $500 million on restructuring with no significant financial benefits observed so far.
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Ownership Overview
1.15% Insiders
32.57% Mutual Funds
0.49% Other Institutional Investors
43.90% 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 $47.14 and its highest was $113.60 in the past 12 months.
What is Coherent Corp’s market cap?
Coherent Corp’s market cap is $15.52B.
When is Coherent Corp’s upcoming earnings report date?
Coherent Corp’s upcoming earnings report date is Feb 05, 2025 which is in 6 days.
How were Coherent Corp’s earnings last quarter?
Coherent Corp released its earnings results on Nov 06, 2024. The company reported $0.74 earnings per share for the quarter, beating the consensus estimate of $0.613 by $0.127.
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 0.69.
How many shares outstanding does Coherent Corp have?
Coherent Corp has 154,663,990 shares outstanding.
What happened to Coherent Corp’s price movement after its last earnings report?
Coherent Corp reported an EPS of $0.74 in its last earnings report, beating expectations of $0.613. Following the earnings report the stock price went up 10.077%.
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 946M.
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Coherent Corp Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Strong Buy
Average Price Target:
$122.09 (42.66% Upside)
$122.09 (42.66% Upside)
Blogger Sentiment
Bullish
COHR Sentiment 80%
Sector Average 67%
Sector Average 67%
Hedge Fund Trend
Decreased
By 3.9M Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $1.7M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▲ 7.7%
Last 30 Days ▲ 25.3%
Last 30 Days ▲ 25.3%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
109.02%
12-Months-Change
Fundamentals
Return on Equity
-1.14%
Trailing 12-Months
Asset Growth
8.71%
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
Q1 2024
0:00 / 0:00
Earnings Call Sentiment|Positive
The earnings call highlighted significant growth in datacom and networking segments, debt reduction, and non-GAAP EPS improvement. However, there were challenges in industrial and materials segments due to market weaknesses. Overall, positive performance in key growth areas outweighs the lowlights.Read More>---
COHR Stock 12 Month Forecast
Average Price Target
$122.09
▲(42.66% Upside)
Technical Analysis
Best Analysts Covering COHR
1 Year
1 Year Success Rate
16/20 ratings generated profit
1 Year Average Return
+37.24%
reiterated a buy rating 15 days ago
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