Coherent Company Profile (NASDAQ:COHR)

About Coherent

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
  • Exchange: NASDAQ
  • Symbol: COHR
  • CUSIP: 19247910
Key Metrics:
  • Previous Close: $193.60
  • 50 Day Moving Average: $159.56
  • 200 Day Moving Average: $126.44
  • 52-Week Range: $77.77 - $200.53
  • Trailing P/E Ratio: 48.66
  • Foreward P/E Ratio: 17.29
  • P/E Growth: 1.56
  • Market Cap: $4.75B
  • Outstanding Shares: 24,553,000
  • Beta: 0.8
Profitability:
  • Net Margins: 9.64%
  • Return on Equity: 15.22%
  • Return on Assets: 10.06%
Debt:
  • Debt-to-Equity Ratio: 0.73%
  • Current Ratio: 3.58%
  • Quick Ratio: 2.35%
Additional Links:
Companies Related to Coherent:

Analyst Ratings

Consensus Ratings for Coherent (NASDAQ:COHR) (?)
Ratings Breakdown: 2 Hold Ratings, 4 Buy Ratings
Consensus Rating:Buy (Score: 2.67)
Consensus Price Target: $160.00 (17.36% downside)

Analysts' Ratings History for Coherent (NASDAQ:COHR)
Show:
DateFirmActionRatingPrice TargetDetails
2/15/2017Susquehanna Bancshares IncInitiated CoverageNeutral$225.00View Rating Details
2/8/2017Needham & Company LLCReiterated RatingBuy$145.00 -> $205.00View Rating Details
1/9/2017Stifel NicolausBoost Price TargetBuy$145.00 -> $170.00View Rating Details
12/28/2016Benchmark Co.Boost Price TargetBuy$125.00 -> $160.00View Rating Details
10/25/2016Northcoast ResearchInitiated CoverageBuy$130.00View Rating Details
3/22/2016B. RileyReiterated RatingNeutral$70.00View Rating Details
6/15/2015SidotiInitiated CoverageBuy$80.00View Rating Details
(Data available from 2/21/2015 forward)

Earnings

Earnings History for Coherent (NASDAQ:COHR)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
4/26/2017        
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$1.25$210.10 million$209.60 millionViewListenView Earnings Details
7/30/2015Q215$0.68$0.82$203.57 million$188.50 millionViewListenView Earnings Details
4/29/2015Q115$0.86$0.94$203.70 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$0.78$0.82$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)

Estimates

Earnings Estimates for Coherent (NASDAQ:COHR)
Current Year EPS Consensus Estimate: $9.86 EPS
Next Year EPS Consensus Estimate: $11.20 EPS

Dividends

Dividend History for Coherent (NASDAQ:COHR)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
12/10/2012special$1.0012/17/201212/19/201212/27/2012
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Coherent (NASDAQ:COHR)
Insider Ownership Percentage: 1.40%
Institutional Ownership Percentage: 93.52%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
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)

Headlines

Latest Headlines for Coherent (NASDAQ:COHR)
DateHeadline
finance.yahoo.com logoCOHERENT INC Financials (NASDAQ:COHR)
finance.yahoo.com - February 16 at 4:30 PM
finance.yahoo.com logoCoverage initiated on Coherent by Susquehanna (NASDAQ:COHR)
finance.yahoo.com - February 16 at 11:36 AM
investors.com logoPossible OLED Use In Apple Phones Seen Boosting Two Screen Tech Firms (NASDAQ:COHR)
www.investors.com - February 16 at 11:36 AM
finance.yahoo.com logo7 Stocks Near 52-Week High With More Upside Left (NASDAQ:COHR)
finance.yahoo.com - February 16 at 11:36 AM
capitalcube.com logoETFs with exposure to Coherent, Inc. : February 14, 2017 (NASDAQ:COHR)
www.capitalcube.com - February 14 at 5:16 PM
News IconSell-Side Analysts Offering Perspectives on Coherent, Inc. (NASDAQ:COHR) - Rockville Register (NASDAQ:COHR)
rockvilleregister.com - February 13 at 5:07 PM
seekingalpha.com logoWhat To Expect From Coherent In One Chart - Seeking Alpha (NASDAQ:COHR)
seekingalpha.com - February 13 at 5:07 PM
capitalcube.com logoCoherent, Inc.: Leads amongst peers with strong fundamentals (NASDAQ:COHR)
www.capitalcube.com - February 9 at 9:50 PM
nasdaq.com logoCoherent Inc. (COHR) Has Soared To A New High After Stellar Q1 Report (NASDAQ:COHR)
www.nasdaq.com - February 9 at 4:48 PM
rttnews.com logoCoherent Inc. (COHR) Vaulted To A New High After Surge In Q1 Earnings (NASDAQ:COHR)
www.rttnews.com - February 9 at 4:48 PM
us.rd.yahoo.com logoEdited Transcript of COHR earnings conference call or presentation 7-Feb-17 9:30pm GMT (NASDAQ:COHR)
us.rd.yahoo.com - February 9 at 4:48 PM
capitalcube.com logoCoherent, Inc. :COHR-US: Earnings Analysis: Q1, 2017 By the Numbers : February 9, 2017 (NASDAQ:COHR)
www.capitalcube.com - February 9 at 4:48 PM
biz.yahoo.com logoCOHERENT INC Files SEC form 10-Q, Quarterly Report (NASDAQ:COHR)
biz.yahoo.com - February 9 at 4:48 PM
News IconLooking at the Numbers for Coherent, Inc. (NASDAQ:COHR) - Baldwin Journal (NASDAQ:COHR)
baldwinjournal.com - February 9 at 2:50 AM
nasdaq.com logoNotable Wednesday Option Activity: C, COHR, FLT - Nasdaq (NASDAQ:COHR)
www.nasdaq.com - February 8 at 4:44 PM
streetinsider.com logoCoherent, Inc. (COHR): Raising PT By 41% - Needham - StreetInsider.com (NASDAQ:COHR)
www.streetinsider.com - February 8 at 4:44 PM
biz.yahoo.com logoCOHERENT INC Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statements and Exhibits (NASDAQ:COHR)
us.rd.yahoo.com - February 8 at 3:35 AM
seekingalpha.com logoCoherent's (COHR) CEO John Ambroseo on Q1 2017 Results - Earnings Call Transcript (NASDAQ:COHR)
seekingalpha.com - February 7 at 10:33 PM
us.rd.yahoo.com logo4:05 pm Coherent (halted) beats by $0.76, beats on revs (NASDAQ:COHR)
us.rd.yahoo.com - February 7 at 10:33 PM
News IconCoherent, Inc. (COHR) Shares Bought by Johnson Financial Group Inc. (NASDAQ:COHR)
www.topix.com - February 7 at 5:30 PM
rttnews.com logoCoherent Inc. (COHR) Is Surging After Q1 Profit Blew Away Expectations (NASDAQ:COHR)
www.rttnews.com - February 7 at 5:30 PM
biz.yahoo.com logoQ1 2017 Coherent Inc Earnings Release - After Market Close (NASDAQ:COHR)
us.rd.yahoo.com - February 7 at 5:30 PM
us.rd.yahoo.com logoCoherent, Inc. Reports First Fiscal Quarter Results (NASDAQ:COHR)
us.rd.yahoo.com - February 7 at 5:30 PM
sg.finance.yahoo.com logoCoherent posts 1Q profit (NASDAQ:COHR)
sg.finance.yahoo.com - February 7 at 5:30 PM
marketwatch.com logoCoherent shares rally as quarterly earnings top Street view (NASDAQ:COHR)
www.marketwatch.com - February 7 at 5:30 PM
investors.com logoAkamai, Coherent, Twilio Earnings Top Views, But Stocks Diverge Late (NASDAQ:COHR)
www.investors.com - February 7 at 5:30 PM
News IconCoherent Inc Valuation – Initial Coverage $COHR (NASDAQ:COHR)
www.moderngraham.com - February 2 at 9:52 PM
finance.yahoo.com logoZacks.com featured highlights: Coherent, Premier, Teck Resources, Leucadia National and Seagate Technology (NASDAQ:COHR)
finance.yahoo.com - February 2 at 4:47 PM
finance.yahoo.com logoHitch a Ride on These 7 Stocks Near 52-Week High (NASDAQ:COHR)
finance.yahoo.com - February 1 at 4:44 PM
finance.yahoo.com logoPurcell Julie & Lefkowitz LLP Is Investigating Coherent, Inc. for Potential Breaches Of Fiduciary Duty By Its Board of Directors (NASDAQ:COHR)
finance.yahoo.com - February 1 at 4:44 PM
seekingalpha.com logoAmerisourceBergen Is Not A Trump Stock - Cramer's Lightning Round (1/26/17) (NASDAQ:COHR)
seekingalpha.com - January 27 at 10:53 PM
tmcnet.com logoCoherent, Inc. Announces Live Webcast of Second Quarter Fiscal Year 2017 Results (NASDAQ:COHR)
www.tmcnet.com - January 26 at 5:31 PM
zacks.com logoCoherent (COHR) Shares March Higher, Can It Continue? (NASDAQ:COHR)
www.zacks.com - January 26 at 5:31 PM
News IconCoherent, Inc. Announces Live Webcast of First Quarter Fiscal Year 2017 Results (NASDAQ:COHR)
www.forwardgeek.com - January 25 at 5:33 PM
finance.yahoo.com logo/C O R R E C T I O N -- Coherent, Inc./ (NASDAQ:COHR)
finance.yahoo.com - January 25 at 5:33 PM
biz.yahoo.com logoCOHERENT INC Files SEC form 8-K/A, Financial Statements and Exhibits (NASDAQ:COHR)
biz.yahoo.com - January 18 at 4:44 PM
realistinvestor.com logoQuarterly Deferred Tax Assets Of Coherent, Inc. (NASDAQ:COHR) At $24.391 Millions (NASDAQ:COHR)
www.realistinvestor.com - January 13 at 10:07 PM
capitalcube.com logoETFs with exposure to Coherent, Inc. : January 12, 2017 (NASDAQ:COHR)
www.capitalcube.com - January 12 at 4:46 PM
streetinsider.com logoStifel Raises Price Target on Coherent, Inc. (COHR) to $170 as Shares Trade up (NASDAQ:COHR)
www.streetinsider.com - January 9 at 10:36 PM
finance.yahoo.com logoCoherent, Inc. to Present at the 19th Annual Needham Growth Conference (NASDAQ:COHR)
finance.yahoo.com - January 9 at 5:35 PM
seekingalpha.com logo5 Small Cap ETFs And Stocks To Play January And Trump Effect (NASDAQ:COHR)
seekingalpha.com - January 5 at 10:01 PM
finance.yahoo.com logo5 Small Cap ETFs and Stocks to Play January & Trump Effect (NASDAQ:COHR)
finance.yahoo.com - January 5 at 5:00 PM
News IconRating of The Day: Stifel Reaffirmed Coherent (NASDAQ:COHR) As Buy; Has Price Target Of $145 (NASDAQ:COHR)
www.whatsonthorold.com - January 3 at 9:54 PM
marketexclusive.com logoAnalyst Activity – Stifel Nicolaus Raises Its Price Target On Coherent (NASDAQ:COHR) to $145.00 (NASDAQ:COHR)
marketexclusive.com - January 3 at 12:49 PM
nasdaq.com logo7 Stocks Near 52 Week-High with More Room to Run (NASDAQ:COHR)
www.nasdaq.com - December 30 at 4:50 PM
uk.finance.yahoo.com logoEXPERT VIEWS-With crises set to worsen, what are aid groups' priorities for 2017? (NASDAQ:COHR)
uk.finance.yahoo.com - December 28 at 9:27 PM
marketexclusive.com logoAnalyst Activity – Benchmark Co. Reiterates Buy on Coherent (NASDAQ:COHR) (NASDAQ:COHR)
marketexclusive.com - December 28 at 4:27 PM
fool.com logoCoherent Inc. Price Target Hiked 28%: What You Need to Know (NASDAQ:COHR)
www.fool.com - December 28 at 12:43 PM
capitalcube.com logoETFs with exposure to Coherent, Inc. : December 27, 2016 (NASDAQ:COHR)
www.capitalcube.com - December 27 at 4:39 PM
finance.yahoo.com logoTop Ranked Momentum Stocks to Buy for December 19th (NASDAQ:COHR)
finance.yahoo.com - December 20 at 8:50 AM

Social

What is Coherent's stock symbol?

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

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

6 brokers have issued 12-month price objectives for Coherent's stock. Their predictions range from $70.00 to $225.00. On average, they expect Coherent's share price to reach $160.00 in the next twelve months.

When will Coherent announce their earnings?

Coherent is scheduled to release their next quarterly earnings announcement on Wednesday, April, 26th 2017.

What are analysts saying about Coherent stock?

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

  • Benchmark Co. analysts commented, "We estimate the installed base exceeds 250 lasers. As a result of this opportunity, Coherent’s orders and backlog have hit record levels." (12/28/2016)

  • 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. " (11/8/2016)

Who owns Coherent stock?

Coherent's stock is owned by a number of of institutional and retail investors. Top institutional investors include Dimensional Fund Advisors LP (4.89%), NWQ Investment Management Company LLC (2.41%), State Street Corp (2.19%), Royce & Associates LP (1.41%), Systematic Financial Management LP (0.97%) and Allianz Asset Management AG (0.82%). Company insiders that own Coherent stock include Bret Dimarco, John Ambroseo, L William Krause, Luis Spinelli, Mark Stewart Sobey, Paul F Sechrist, Stephen A Skaggs and Susan M James.

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 NWQ Investment Management Company LLC, Dimensional Fund Advisors LP, Royce & Associates LP, Systematic Financial Management LP, Renaissance Technologies LLC, Neumeier Poma Investment Counsel LLC, Turner Investments LLC and Cortina Asset Management LLC. Company insiders that have sold Coherent stock in the last year include Bret Dimarco, John Ambroseo, L William Krause, Luis Spinelli, Mark Stewart Sobey, Paul F Sechrist, Stephen A Skaggs and Susan M James.

Who bought Coherent stock? Who is buying Coherent stock?

Coherent's stock was acquired by a variety of institutional investors in the last quarter, including FMR LLC, Janus Capital Management LLC, Value Holdings Management CO. LLC, Russell Investments Group Ltd., Advisory Research Inc., State Street Corp, Axiom International Investors LLC DE and Federated Investors Inc. PA.

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 $193.60.

Coherent (NASDAQ:COHR) Chart for Tuesday, February, 21, 2017


Institutional Ownership Chart

Institutional Ownership by Quarter for Coherent (NASDAQ:COHR)

Earnings History Chart

Earnings by Quarter for Coherent (NASDAQ:COHR)

Dividend History Chart

Dividend Payments by Quarter for Coherent (NASDAQ:COHR)

Last Updated on 2/21/2017 by MarketBeat.com Staff