NASDAQ:COHR - Coherent Stock Price, News & Analysis

$159.50
+0.54 (+0.34 %)
(As of 09/19/2019 01:16 PM ET)
Today's Range
$157.45
Now: $159.50
$160.51
50-Day Range
$124.99
MA: $146.37
$169.92
52-Week Range
$90.10
Now: $159.50
$189.39
Volume7,302 shs
Average Volume292,949 shs
Market Capitalization$3.82 billion
P/E Ratio12.27
Dividend YieldN/A
Beta1.78
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$1.90 billion
Cash Flow$18.2913 per share
Book Value$54.10 per share

Profitability

Net Income$247.35 million

Miscellaneous

Employees5,418
Market Cap$3.82 billion
Next Earnings Date11/5/2019 (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 declared that its board has authorized a share buyback plan on Thursday, February 8th 2018, which authorizes the company to repurchase $100,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to reacquire shares of its stock through open market purchases. Shares repurchase plans are often an indication that the company's leadership believes its stock is undervalued.

How were Coherent's earnings last quarter?

Coherent, Inc. (NASDAQ:COHR) released its quarterly earnings data on Tuesday, July, 30th. The scientific and technical instruments company reported $1.33 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.05 by $0.28. The scientific and technical instruments company earned $339.17 million during the quarter, compared to the consensus estimate of $348.61 million. Coherent had a return on equity of 13.38% and a net margin of 8.12%. The business's quarterly revenue was down 29.7% on a year-over-year basis. During the same quarter in the prior year, the company earned $3.51 EPS. View Coherent's Earnings History.

When is Coherent's next earnings date?

Coherent is scheduled to release their next quarterly earnings announcement on Tuesday, November 5th 2019. View Earnings Estimates for Coherent.

What price target have analysts set for COHR?

10 brokers have issued 1-year price targets for Coherent's shares. Their forecasts range from $125.00 to $175.00. On average, they anticipate Coherent's stock price to reach $150.00 in the next twelve months. This suggests that the stock has a possible downside of 6.1%. View Analyst Price Targets for Coherent.

What is the consensus analysts' recommendation for Coherent?

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Coherent in the last year. There are currently 6 hold ratings and 4 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 headlines about COHR stock have trended negative this week, according to InfoTrie. The research firm identifies positive and negative news coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Coherent earned a media sentiment score of -2.9 on InfoTrie's scale. They also assigned news headlines about the scientific and technical instruments company a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an effect on the company's share price in the next few days. View News Stories for Coherent.

Are investors shorting Coherent?

Coherent saw a increase in short interest during the month of August. As of August 31st, there was short interest totalling 1,750,400 shares, an increase of 14.0% from the July 31st total of 1,535,200 shares. Based on an average daily volume of 321,000 shares, the short-interest ratio is presently 5.5 days. Approximately 7.4% of the shares of the company are sold short. 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), Micron Technology (MU), Broadcom (AVGO), Netflix (NFLX), Paypal (PYPL), NetEase (NTES) and Applied Materials (AMAT).

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 institutional and retail investors. Top institutional investors include Vanguard Group Inc. (9.34%), BlackRock Inc. (9.27%), BlackRock Inc. (9.27%), Victory Capital Management Inc. (4.98%), Eagle Asset Management Inc. (4.17%) and Invesco Ltd. (2.66%). Company insiders that own Coherent stock include Bret Dimarco, Jay T Flatley, Mark Stewart Sobey, Pamela Fletcher, Paul F Sechrist, Sandeep Vij and Stephen A Skaggs. View Institutional Ownership Trends for Coherent.

Which major investors are selling Coherent stock?

COHR stock was sold by a variety of institutional investors in the last quarter, including Price T Rowe Associates Inc. MD, Point72 Asset Management L.P., Westwood Management Corp IL, Wells Fargo & Company MN, Pictet Asset Management Ltd., First Trust Advisors LP, Bamco Inc. NY and BlackRock Inc.. View Insider Buying and Selling for Coherent.

Which major investors are buying Coherent stock?

COHR stock was purchased by a variety of institutional investors in the last quarter, including Invesco Ltd., DekaBank Deutsche Girozentrale, Westfield Capital Management Co. LP, Victory Capital Management Inc., State of New Jersey Common Pension Fund D, Minneapolis Portfolio Management Group LLC, Nuveen Asset Management LLC and Bank of America Corp DE. 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 $159.77.

How big of a company is Coherent?

Coherent has a market capitalization of $3.83 billion and generates $1.90 billion in revenue each year. The scientific and technical instruments company earns $247.35 million in net income (profit) each year or $13.04 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:  436 (Vote Outperform)
Underperform Votes:  393 (Vote Underperform)
Total Votes:  829
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 9/19/2019 by MarketBeat.com Staff

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