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Coherent Stock Price, Forecast & Analysis (NASDAQ:COHR)

$155.84
+2.61 (+1.70 %)
(As of 11/15/2019 04:00 PM ET)
Today's Range
$153.97
Now: $155.84
$156.89
50-Day Range
$145.56
MA: $154.55
$168.48
52-Week Range
$90.10
Now: $155.84
$173.92
Volume153,400 shs
Average Volume316,819 shs
Market Capitalization$3.74 billion
P/E Ratio31.87
Dividend YieldN/A
Beta1.76
Coherent, Inc provides lasers, laser-based technologies, and laser-based system solutions for a range of scientific, commercial, and industrial applications. It operates through two segments, OEM Laser Sources and Industrial Lasers & Systems. The company designs, manufactures, markets, and services lasers, laser tools, precision optics, and related accessories; and laser measurement and control products. Read More…

Industry, Sector and Symbol

Industry Analytical instruments
Sub-IndustryElectronic Equipment & Instruments
SectorComputer and Technology
Current SymbolNASDAQ:COHR
CUSIP19247910
Phone408-764-4000

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.43 billion
Cash Flow$5.60 per share
Book Value$53.57 per share

Profitability

Net Income$53.83 million

Miscellaneous

Employees5,418
Market Cap$3.74 billion
Next Earnings Date2/4/2020 (Estimated)
OptionableOptionable

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Coherent (NASDAQ:COHR) Frequently Asked Questions

What is Coherent's stock symbol?

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

How will Coherent's stock buyback program work?

Coherent announced that its board has initiated a stock repurchase program on Thursday, February 8th 2018, which authorizes the company to buyback $100,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization authorizes the company to repurchase shares of its stock through open market purchases. Shares buyback programs are generally an indication that the company's board believes its stock is undervalued.

How were Coherent's earnings last quarter?

Coherent, Inc. (NASDAQ:COHR) posted its quarterly earnings data on Tuesday, November, 5th. The scientific and technical instruments company reported $0.89 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $0.96 by $0.07. The scientific and technical instruments company earned $335.50 million during the quarter, compared to analysts' expectations of $329.12 million. Coherent had a return on equity of 8.95% and a net margin of 3.76%. The firm's revenue was down 27.3% on a year-over-year basis. During the same quarter in the prior year, the company earned $3.22 earnings per share. View Coherent's Earnings History.

When is Coherent's next earnings date?

Coherent is scheduled to release their next quarterly earnings announcement on Tuesday, February 4th 2020. View Earnings Estimates for Coherent.

What price target have analysts set for COHR?

8 brokerages have issued twelve-month target prices for Coherent's shares. Their forecasts range from $125.00 to $182.00. On average, they expect Coherent's share price to reach $151.40 in the next twelve months. This suggests that the stock has a possible downside of 2.8%. View Analyst Price Targets for Coherent.

What is the consensus analysts' recommendation for Coherent?

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Coherent in the last year. There are currently 5 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Coherent.

Has Coherent been receiving favorable news coverage?

News coverage about COHR stock has trended very positive on Saturday, InfoTrie reports. The research group scores the sentiment of news coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Coherent earned a media sentiment score of 3.1 on InfoTrie's scale. They also gave media coverage about the scientific and technical instruments company a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an impact on the company's share price in the next several days. View News Stories for Coherent.

Are investors shorting Coherent?

Coherent saw a decline in short interest during the month of October. As of October 31st, there was short interest totalling 1,240,000 shares, a decline of 19.5% from the September 30th total of 1,540,000 shares. Based on an average daily trading volume, of 315,400 shares, the days-to-cover ratio is currently 3.9 days. Approximately 5.2% of the company's shares are short sold. View Coherent's Current Options Chain.

Who are some of Coherent's key competitors?

What other stocks do shareholders of Coherent own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Coherent investors own include NVIDIA (NVDA), Alibaba Group (BABA), Lam Research (LRCX), Adobe (ADBE), Applied Materials (AMAT), Broadcom (AVGO), Micron Technology (MU), Universal Display (OLED), Netflix (NFLX) and Paypal (PYPL).

Who are Coherent's key executives?

Coherent's management team includes the folowing people:
  • Dr. John R. Ambroseo, Pres, CEO & Director (Age 58)
  • Mr. Kevin S. Palatnik, Exec. VP & CFO (Age 61)
  • Mr. Bret M. DiMarco, Exec. VP, Gen. Counsel & Corp. Sec. (Age 51)
  • Mr. Paul F. Sechrist, Exec. VP of Worldwide Sales & Services (Age 60)
  • Dr. Mark S. Sobey, Exec. VP & GM of OEM Laser Sources (Age 59)

Who are Coherent's major shareholders?

Coherent's stock is owned by many different of retail and institutional investors. Top institutional shareholders include Eagle Asset Management Inc. (4.09%), Carillon Tower Advisers Inc. (3.04%), Fisher Asset Management LLC (1.50%), First Trust Advisors LP (1.05%), Minneapolis Portfolio Management Group LLC (0.96%) and Boston Trust Walden Corp (0.75%). Company insiders that own Coherent stock include Jay T Flatley, Mark Stewart Sobey, Pamela Fletcher, Paul F Sechrist and Stephen A Skaggs. View Institutional Ownership Trends for Coherent.

Which institutional investors are selling Coherent stock?

COHR stock was sold by a variety of institutional investors in the last quarter, including State of New Jersey Common Pension Fund D, KAMES CAPITAL plc, Oakview Capital Management L.P., Skylands Capital LLC, Eagle Asset Management Inc., Carillon Tower Advisers Inc., Minneapolis Portfolio Management Group LLC and Terril Brothers Inc.. View Insider Buying and Selling for Coherent.

Which institutional investors are buying Coherent stock?

COHR stock was acquired by a variety of institutional investors in the last quarter, including Fisher Asset Management LLC, First Trust Advisors LP, Russell Investments Group Ltd., SG Americas Securities LLC, California Public Employees Retirement System, Pacer Advisors Inc., Boston Trust Walden Corp and Greatmark Investment Partners Inc.. View Insider Buying and Selling for Coherent.

How do I buy shares of Coherent?

Shares of COHR can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

What is Coherent's stock price today?

One share of COHR stock can currently be purchased for approximately $155.84.

How big of a company is Coherent?

Coherent has a market capitalization of $3.74 billion and generates $1.43 billion in revenue each year. The scientific and technical instruments company earns $53.83 million in net income (profit) each year or $4.89 on an earnings per share basis. Coherent employs 5,418 workers across the globe.View Additional Information About Coherent.

What is Coherent's official website?

The official website for Coherent is http://www.coherent.com/.

How can I contact Coherent?

Coherent's mailing address is 5100 Patrick Henry Drive, Santa Clara CA, 95054. The scientific and technical instruments company can be reached via phone at 408-764-4000.


MarketBeat Community Rating for Coherent (NASDAQ COHR)

Community Ranking:  2.6 out of 5 (star star)
Outperform Votes:  450 (Vote Outperform)
Underperform Votes:  400 (Vote Underperform)
Total Votes:  850
MarketBeat's community ratings are surveys of what our community members think about Coherent and other stocks. Vote "Outperform" if you believe COHR will outperform the S&P 500 over the long term. Vote "Underperform" if you believe COHR will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 11/16/2019 by MarketBeat.com Staff

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