Coherent Company Profile (NASDAQ:COHR)

About Coherent (NASDAQ:COHR)

Coherent logoCoherent, Inc. is a photonics manufacturer. The Company is engaged in designing, manufacturing, servicing and marketing of lasers and related accessories for a range of scientific, commercial and industrial applications. It operates through two segments: Specialty Lasers and Systems (SLS) and Commercial Lasers and Components (CLC). SLS develops and manufactures configurable products serving the microelectronics, scientific research and government programs, and original equipment manufacturer (OEM) components and instrumentation markets. The Commercial Lasers and Components segment focuses on higher volume products that are offered in set configurations. The product architectures are designed for exchange at the point of use such that substantially all product service and repairs are based upon advanced replacement and depot (that is factory) repair. CLC's primary markets include materials processing, OEM components, and instrumentation and microelectronics.

Industry, Sector and Symbol:
  • Sector: Computer and Technology
  • Industry: Scientific & Technical Instruments
  • Sub-Industry: Electronic Equipment & Instruments
  • Symbol: NASDAQ:COHR
  • CUSIP: 19247910
  • Web:
  • Market Cap: $6.15 billion
  • Outstanding Shares: 24,625,000
Average Prices:
  • 50 Day Moving Avg: $216.87
  • 200 Day Moving Avg: $171.29
  • 52 Week Range: $83.56 - $260.25
  • Trailing P/E Ratio: 50.63
  • Foreward P/E Ratio: 17.90
  • P/E Growth: 1.59
Sales & Book Value:
  • Annual Revenue: $1.24 billion
  • Price / Sales: 4.96
  • Book Value: $39.72 per share
  • Price / Book: 6.29
  • EBIDTA: $276.91 million
  • Net Margins: 9.64%
  • Return on Equity: 15.22%
  • Return on Assets: 10.06%
  • Debt-to-Equity Ratio: 0.73%
  • Current Ratio: 3.58%
  • Quick Ratio: 2.35%
  • Average Volume: 371,227 shs.
  • Beta: 0.8
  • Short Ratio: 2.94

Frequently Asked Questions for Coherent (NASDAQ:COHR)

What is Coherent's stock symbol?

Coherent trades on the NASDAQ under the ticker symbol "COHR."

How were Coherent's earnings last quarter?

Coherent, Inc. (NASDAQ:COHR) posted its earnings results on Tuesday, May, 9th. The company reported $2.71 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $2.55 by $0.16. The company earned $422.80 million during the quarter, compared to analysts' expectations of $404.36 million. Coherent had a net margin of 9.64% and a return on equity of 15.22%. Coherent's quarterly revenue was up 111.5% on a year-over-year basis. During the same period last year, the company posted $1.04 earnings per share. View Coherent's Earnings History.

Where is Coherent's stock going? Where will Coherent's stock price be in 2017?

5 brokers have issued 12-month price objectives for Coherent's shares. Their forecasts range from $130.00 to $270.00. On average, they anticipate Coherent's stock price to reach $213.00 in the next year. View Analyst Ratings for Coherent.

What are analysts saying about Coherent stock?

Here are some recent quotes from research analysts about Coherent stock:

  • 1. According to Zacks Investment Research, "COHERENT INC. designs, manufactures, and supplies electro-optical systems and medical instruments utilizing laser, precision optic and microelectronic technologies. Co. integrates these technologies into a wide variety of products and systems designed to meet the productivity and performance needs of customers. Major markets include the scientific research community; medical institutions, clinics and private practices; lasers also support commercial applications, ranging from semiconductors and disk mastering to light shows and entertainment. " (5/15/2017)
  • 2. Benchmark Co. analysts commented, "Electronic Arts’ F4Q17 non-GAAP revenues/EPS of $1.09B/$0.85 topped our $1.08B/ $0.75E and the Street’s $1.09B/$0.75E. FY18 annual non-GAAP (deferred included) revenue target of $5.1B is slightly behind consensus view of $5.2B. While nothing singular stood out this quarter, each of the growth drivers helped EA deliver a solid quarter. Its strategy of maximizing IP through many channels (DLC/MTX, full digital downloads) is gaining momentum. Battlefield 1 was strong (19M players through end of FY17—up 50% vs. BF4). FIFA continues to defy expectations; the Ultimate Team player base grew 13% Y/Y Overall, extra content grew 31% Y/Y." (5/10/2017)
  • 3. Needham & Company LLC analysts commented, "We hosted COHR mgmt. at a series of investor meetings late last week in the mid-Atlantic. We came away from the meetings incrementally more positive about the business over the next year. We believe there is the potential for COHR's display business to provide upside both from stronger equipment sales as well as a more rapid ramp in the service portion of the business. Beyond this key area of the business, where most investor interest has been focused, we have become more optimistic about upside opportunities in the materials processing market, benefiting from what we expect will be a stronger contribution from the recently acquired Rofin business. We are tweaking our F18 estimates higher while maintaining our aboveconsensus estimate for F17. COHR shares remain attractively valued, in our view. We reiterate our Buy." (3/13/2017)

Are investors shorting Coherent?

Coherent saw a increase in short interest in April. As of April 28th, there was short interest totalling 1,315,165 shares, an increase of 2.4% from the April 13th total of 1,284,488 shares. Based on an average daily volume of 232,862 shares, the short-interest ratio is currently 5.6 days.

Who are some of Coherent's key competitors?

Who owns Coherent stock?

Coherent's stock is owned by a variety of of retail and institutional investors. Top institutional investors include BlackRock Inc. (10.13%), Vanguard Group Inc. (8.19%), EAGLE ASSET MANAGEMENT INC (6.21%), Eagle Asset Management Inc. (6.16%), Dimensional Fund Advisors LP (4.39%) and OppenheimerFunds Inc. (4.33%). Company insiders that own Coherent stock include Bret Dimarco, Garry W Rogerson, John Ambroseo, L William Krause, Luis Spinelli, Mark Stewart Sobey, Paul F Sechrist, Stephen A Skaggs and Susan M James. View Institutional Ownership Trends for Coherent.

Who sold Coherent stock? Who is selling Coherent stock?

Coherent's stock was sold by a variety of institutional investors in the last quarter, including Wellington Management Group LLP, Janus Capital Management LLC, Dimensional Fund Advisors LP, Systematic Financial Management LP, Principal Financial Group Inc., Royce & Associates LP, Earnest Partners LLC and Vanguard Group Inc.. Company insiders that have sold Coherent stock in the last year include Bret Dimarco, Garry W Rogerson, John Ambroseo, L William Krause, Luis Spinelli, Mark Stewart Sobey, Stephen A Skaggs and Susan M James. View Insider Buying and Selling for Coherent.

Who bought Coherent stock? Who is buying Coherent stock?

Coherent's stock was bought by a variety of institutional investors in the last quarter, including BlackRock Inc., Epoch Investment Partners Inc., Alliancebernstein L.P., State Street Corp, FMR LLC, Hood River Capital Management LLC, TIAA CREF Investment Management LLC and State of Wisconsin Investment Board. View Insider Buying and Selling for Coherent.

How do I buy Coherent stock?

Shares of Coherent can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of Coherent stock cost?

One share of Coherent stock can currently be purchased for approximately $249.85.

Analyst Ratings

Consensus Ratings for Coherent (NASDAQ:COHR) (?)
Ratings Breakdown: 1 Hold Rating, 4 Buy Ratings
Consensus Rating:Buy (Score: 2.80)
Consensus Price Target: $213.00 (14.75% downside)

Analysts' Ratings History for Coherent (NASDAQ:COHR)
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
5/10/2017Susquehanna Bancshares IncReiterated RatingNeutral$225.00 -> $240.00LowView Rating Details
5/10/2017Needham & Company LLCBoost Price TargetBuy -> Buy$215.00 -> $265.00HighView Rating Details
5/10/2017Stifel NicolausBoost Price TargetBuy -> Buy$220.00 -> $270.00HighView Rating Details
5/10/2017Benchmark Co.Reiterated RatingBuyHighView Rating Details
10/25/2016Northcoast ResearchInitiated CoverageBuy$130.00N/AView Rating Details
3/22/2016B. RileyReiterated RatingNeutral$70.00N/AView Rating Details
6/15/2015SidotiInitiated CoverageBuy$80.00N/AView Rating Details
(Data available from 5/22/2015 forward)


Earnings History for Coherent (NASDAQ:COHR)
Earnings by Quarter for Coherent (NASDAQ:COHR)
Earnings History by Quarter for Coherent (NASDAQ:COHR)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
5/9/2017Q2 2017$2.55$2.71$404.36 million$422.80 millionViewListenView Earnings Details
2/7/2017Q217$1.76$2.57$316.98 million$346.10 millionViewListenView Earnings Details
11/2/2016Q416$1.52$1.65$241.76 million$248.50 millionViewN/AView Earnings Details
7/27/2016Q316$1.11$1.07$211.94 million$218.80 millionViewListenView Earnings Details
4/28/2016Q216$0.99$1.04$197.44 million$199.90 millionViewListenView Earnings Details
1/28/2016Q116$0.89$0.99$196.32 million$190.30 millionViewListenView Earnings Details
11/4/2015Q415$0.98$1.12$210.10 million$209.60 millionViewListenView Earnings Details
7/30/2015Q215$0.68$0.69$203.57 million$188.50 millionViewListenView Earnings Details
4/29/2015Q115$0.66$0.94$202.17 million$203.72 millionViewListenView Earnings Details
1/29/2015Q414$0.77$0.87$196.02 million$200.60 millionViewListenView Earnings Details
11/4/2014Q4$0.93$0.96$209.44 million$205.30 millionViewN/AView Earnings Details
7/30/2014Q314$0.80$0.73$201.20 million$196.52 millionViewN/AView Earnings Details
4/30/2014Q214$0.67$0.68$200.20 million$199.20 millionViewN/AView Earnings Details
1/29/2014Q114$0.81$0.68$197.43 million$193.56 millionViewN/AView Earnings Details
10/30/2013Q413$0.87$1.03$207.34 million$213.10 millionViewListenView Earnings Details
7/30/2013Q3 2013$0.83$0.91$207.72 million$213.70 millionViewListenView Earnings Details
4/24/2013Q2 2013$0.77$0.84$198.17 million$200.10 millionViewN/AView Earnings Details
1/24/2013Q1 2013$0.71$0.71$186.55 million$183.20 millionViewN/AView Earnings Details
10/31/2012Q412$0.85$0.71$195.33 million$188.70 millionViewN/AView Earnings Details
7/26/2012$0.74$0.83ViewN/AView Earnings Details
4/26/2012$0.83$0.73ViewN/AView Earnings Details
1/25/2012$0.82$0.82ViewN/AView Earnings Details
11/2/2011$0.84$0.96ViewN/AView Earnings Details
7/27/2011$0.81$0.83ViewN/AView Earnings Details
5/3/2011$0.78$0.83ViewN/AView Earnings Details
1/27/2011$0.69$0.85ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)


Earnings Estimates for Coherent (NASDAQ:COHR)
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20181$2.33$2.33$2.33
Q2 20181$3.23$3.23$3.23
(Data provided by Zacks Investment Research)


Dividend History by Quarter for Coherent (NASDAQ:COHR)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Coherent (NASDAQ:COHR)
Insider Ownership Percentage: 1.40%
Institutional Ownership Percentage: 93.52%
Insider Trades by Quarter for Coherent (NASDAQ:COHR)
Institutional Ownership by Quarter for Coherent (NASDAQ:COHR)
Insider Trades by Quarter for Coherent (NASDAQ:COHR)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
5/16/2017Garry W RogersonDirectorSell4,500$257.03$1,156,635.00View SEC Filing  
5/15/2017Stephen A SkaggsDirectorSell500$249.48$124,740.00View SEC Filing  
5/5/2017Bret DimarcoVPSell2,903$225.00$653,175.00View SEC Filing  
11/14/2016Luis SpinelliVPSell4,328$126.02$545,414.56View SEC Filing  
11/9/2016Bret DimarcoVPSell4,951$120.00$594,120.00View SEC Filing  
11/9/2016Mark Stewart SobeyEVPSell4,593$119.00$546,567.00View SEC Filing  
10/3/2016Bret DimarcoVPSell953$109.75$104,591.75View SEC Filing  
9/21/2016John AmbroseoCEOSell25,979$110.00$2,857,690.00View SEC Filing  
8/15/2016Stephen A SkaggsDirectorSell500$108.60$54,300.00View SEC Filing  
8/4/2016L William KrauseDirectorSell22,785$106.10$2,417,488.50View SEC Filing  
8/1/2016Bret DimarcoVPSell1,039$106.70$110,861.30View SEC Filing  
8/1/2016Susan M JamesDirectorSell5,000$106.75$533,750.00View SEC Filing  
5/24/2016L William KrauseDirectorSell7,700$88.55$681,835.00View SEC Filing  
5/18/2016Luis SpinelliVPSell3,027$84.90$256,992.30View SEC Filing  
5/16/2016L William KrauseDirectorSell2,000$86.39$172,780.00View SEC Filing  
5/10/2016L William KrauseDirectorSell1,800$88.15$158,670.00View SEC Filing  
5/4/2016L William KrauseDirectorSell10,000$89.68$896,800.00View SEC Filing  
3/18/2016Paul F SechristEVPSell19,000$90.00$1,710,000.00View SEC Filing  
2/17/2016Paul F SechristEVPSell15,000$80.00$1,200,000.00View SEC Filing  
2/8/2016Luis SpinelliVPSell2,451$77.46$189,854.46View SEC Filing  
11/10/2015Luis SpinelliVPSell5,500$63.40$348,700.00View SEC Filing  
2/17/2015Susan M JamesDirectorSell3,500$64.78$226,730.00View SEC Filing  
2/4/2015Luis SpinelliVPSell5,500$65.05$357,775.00View SEC Filing  
12/10/2014Bret DimarcoVPSell4,400$60.00$264,000.00View SEC Filing  
5/5/2014Bret DimarcoVPSell1,808$60.00$108,480.00View SEC Filing  
2/28/2014Helene SimonetCFOSell7,206$68.72$495,196.32View SEC Filing  
2/28/2014Luis SpinelliVPSell3,000$68.43$205,290.00View SEC Filing  
11/11/2013Mark Stewart SobeyEVPSell2,969$65.21$193,608.49View SEC Filing  
11/7/2013Lawrence TomlinsonDirectorSell2,500$65.88$164,700.00View SEC Filing  
10/31/2013John AmbroseoCEOSell60,491$66.26$4,008,133.66View SEC Filing  
10/22/2013John AmbroseoCEOSell2,139$66.02$141,216.78View SEC Filing  
10/21/2013John AmbroseoCEOSell12,370$66.07$817,285.90View SEC Filing  
10/11/2013Helene SimonetCFOSell4,296$63.61$273,268.56View SEC Filing  
10/11/2013John AmbroseoCEOSell25,200$64.04$1,613,808.00View SEC Filing  
9/23/2013Helene SimonetCFOSell10,041$60.25$604,970.25View SEC Filing  
9/11/2013Helene SimonetCFOSell8,878$59.50$528,241.00View SEC Filing  
7/9/2013Bret DimarcoVPSell7,000$60.00$420,000.00View SEC Filing  
7/9/2013Paul F SechristEVPSell10,000$60.00$600,000.00View SEC Filing  
5/28/2013Bret DimarcoVPSell2,855$59.00$168,445.00View SEC Filing  
2/14/2013Helene SimonetCFOSell12,957$59.05$765,110.85View SEC Filing  
12/3/2012Garry W RogersonDirectorSell6,000$46.06$276,360.00View SEC Filing  
11/27/2012John AmbroseoCEOSell7,598$44.53$338,338.94View SEC Filing  
(Data available from 1/1/2013 forward)


Headline Trends for Coherent (NASDAQ:COHR)
Latest Headlines for Coherent (NASDAQ:COHR)
DateHeadline logoETFs with exposure to Coherent, Inc. : May 19, 2017 - May 19 at 4:20 PM logoCoherent, Inc. (COHR) Director Sells $1,156,635.00 in Stock - May 17 at 7:26 PM featured highlights: Coherent, Lantheus Holdings and Ultra Clean Holdings - May 17 at 11:30 AM logoCoherent, Inc. (COHR) Director Sells $124,740.00 in Stock - May 16 at 8:23 PM logoCoherent, Inc. (COHR) Lifted to Strong-Buy at Zacks Investment Research - May 15 at 11:30 PM logoImplied Volatility Surging for Coherent (COHR) Stock Options - May 15 at 12:06 PM logoCoherent, Inc. (COHR) Expected to Post Q1 2018 Earnings of $2.33 Per Share - May 15 at 9:12 AM logoCoherent, Inc. (COHR) Price Target Increased to $265.00 by Analysts at Needham & Company LLC - May 14 at 3:26 PM logoCoherent, Inc. (COHR) Short Interest Up 2.4% in April - May 12 at 6:46 PM logoCoherent Inc. (COHR) Soared To A New High After Q2 Profit Trounced Estimates - May 12 at 3:05 AM logoCoherent, Inc. (COHR) Stock Rating Reaffirmed by Susquehanna Bancshares Inc - May 10 at 11:54 PM logoCoherent Inc. (COHR) Has Jumped To A New High On Strong Q2 Earnings - May 10 at 4:37 PM logoWhy Coherent Stock Is Hopping 15% Higher Today - May 10 at 4:29 PM logoCoherent, Inc. (COHR) PT Raised to $270.00 at Stifel Nicolaus - May 10 at 8:22 AM logoEdited Transcript of COHR earnings conference call or presentation 9-May-17 8:30pm GMT - May 10 at 8:15 AM logoCoherent, Inc. (COHR) Earns "Buy" Rating from Benchmark Co. - May 10 at 7:58 AM logoCoherent, Inc. (COHR) Releases Earnings Results - May 9 at 9:42 PM logoInsider Selling: Coherent, Inc. (COHR) VP Sells 2,903 Shares of Stock - May 9 at 7:41 PM logoCoherent posts 2Q profit - May 9 at 6:45 PM logoCoherent, Inc. Reports Second Fiscal Quarter Results - May 9 at 4:24 PM logoApple, OLED Stock Play Coherent Beats Fiscal Q2 Views - May 9 at 4:24 PM logoCoherent, Inc. (COHR) Receives Average Recommendation of "Buy" from Brokerages - May 8 at 11:14 AM logoCoherent, Inc. (COHR) Expected to Announce Quarterly Sales of $403.55 Million - May 6 at 9:02 AM logoCoherent, Inc. (COHR) Expected to Post Earnings of $2.55 Per Share - May 4 at 1:28 PM logoCoherent (COHR) Receives Media Impact Score of 0.57 - May 2 at 2:56 PM logoFavorable Media Coverage Somewhat Unlikely to Affect Coherent (COHR) Share Price - April 29 at 9:15 PM logoCoherent (COHR) Getting Favorable Press Coverage, Analysis Finds - April 25 at 10:06 AM logoCoherent (COHR) Receiving Favorable Media Coverage, Analysis Finds - April 22 at 12:55 PM logoAffinity Wealth Management Buys PowerShares QQQ Trust Series 1, iShares S&P 500 Growth, ... - April 19 at 12:46 PM logoCoherent (COHR) Earns Daily Media Impact Rating of 0.38 - April 19 at 10:53 AM logoCoherent (COHR) Given News Impact Score of 0.29 - April 16 at 11:51 AM logo$403.55 Million in Sales Expected for Coherent, Inc. (COHR) This Quarter - April 15 at 8:58 AM logoCoherent, Inc. (COHR) Short Interest Up 74.2% in March - April 15 at 7:10 AM logoZacks: Brokerages Expect Coherent, Inc. (COHR) to Post $2.55 EPS - April 13 at 1:06 PM logoVery Favorable Press Coverage Somewhat Unlikely to Effect Coherent (COHR) Stock Price - April 13 at 8:24 AM logoZacks Investment Research Lowers Coherent, Inc. (COHR) to Hold - April 11 at 10:18 PM logoAlibaba Is Inexpensive Considering Its Growth Rate - Cramer's Lightning Round (4/10/2017) - April 11 at 1:01 PM logoCoherent, Inc. (COHR) Receives Average Rating of "Buy" from Analysts - April 11 at 9:09 AM logoAct Brave! Buy Semi Niche Stocks - March 29 at 4:51 PM logoCree, Ledvance Sign Cross Licensing Deal on LED Technology - March 24 at 4:42 PM logoCoherent, Inc. (COHR) Upgraded at Zacks Investment Research - March 24 at 11:32 AM logoRunning Before You Walk: Zacks Strategy - March 23 at 4:50 PM logoThe Zacks Analyst Blog Highlights: Coherent, Ternium and Howden Joinery - March 15 at 4:51 PM logoCOHERENT INC Files SEC form 8-K, Change in Directors or Principal Officers, Submission of Matters to a Vote of Securi - March 8 at 5:11 PM logoNotable ETF Inflow Detected - IJR, TTWO, COHR, TCBI - February 22 at 4:38 PM logoCoherent Is Pointed Higher, and More Gains Are Showing in the Charts - February 22 at 11:16 AM logoCOHERENT INC Financials - February 16 at 4:30 PM logoCoverage initiated on Coherent by Susquehanna - February 16 at 11:36 AM logo7 Stocks Near 52-Week High With More Upside Left - February 16 at 11:36 AM logoWhat To Expect From Coherent In One Chart - Seeking Alpha - February 13 at 5:07 PM


Coherent (COHR) Chart for Monday, May, 22, 2017

This page was last updated on 5/22/2017 by Staff