S&P 500   4,594.62
DOW   34,899.34
QQQ   391.20
S&P 500   4,594.62
DOW   34,899.34
QQQ   391.20
S&P 500   4,594.62
DOW   34,899.34
QQQ   391.20
S&P 500   4,594.62
DOW   34,899.34
QQQ   391.20
NASDAQ:COHR

Coherent Stock Forecast, Price & News

$258.30
-2.94 (-1.13%)
(As of 11/26/2021 12:00 AM ET)
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Today's Range
$256.93
$259.90
50-Day Range
$248.93
$261.24
52-Week Range
$118.57
$270.99
Volume
54,723 shs
Average Volume
315,182 shs
Market Capitalization
$6.34 billion
P/E Ratio
N/A
Dividend Yield
N/A
Beta
1.51
30 days | 90 days | 365 days | Advanced Chart
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Coherent logo

About Coherent

Coherent, Inc. engages in the design, manufacture, and service of lasers and related accessories. It operates through the following business segments: OEM Laser Sources (OLS), and Industrial Lasers and Systems (ILS). The OLS segment focuses on laser sources and complex optical sub-systems, typically used in microelectronics manufacturing, medical diagnostics, and therapeutic medical applications. The ILS segment covers laser sources, sub-systems, and tools primarily used for industrial laser materials processing. The company was founded by Eugene Watson on May 26, 1966 and is headquartered in Santa Clara, CA.

Headlines

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Industry, Sector and Symbol

Industry
Analytical instruments
Sub-Industry
Electronic Equipment & Instruments
Current Symbol
NASDAQ:COHR
CUSIP
19247910
Employees
4,875
Year Founded
1966

Sales & Book Value

Annual Sales
$1.49 billion
Cash Flow
$4.75 per share
Book Value
$35.38 per share

Profitability

Net Income
$-106.75 million
Pretax Margin
-7.77%

Debt

Price-To-Earnings

Miscellaneous

Free Float
24,371,000
Market Cap
$6.34 billion
Optionable
Optionable

Company Calendar

Last Earnings
11/09/2021
Today
11/27/2021
Next Earnings (Estimated)
2/09/2022
Fiscal Year End
9/30/2022

Social Links


MarketRank

Overall MarketRank

1.44 out of 5 stars

Computer And Technology Sector

715th out of 891 stocks

Analytical Instruments Industry

29th out of 33 stocks

Analyst Opinion: 1.0Community Rank: 4.5Dividend Strength: 0.0Insider Behavior: 1.7Valuation: 0.0 5 -4 -3 -2 -1 -












Coherent (NASDAQ:COHR) Frequently Asked Questions

Is Coherent a buy right now?

6 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Coherent in the last year. There are currently 6 hold ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" Coherent stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in COHR, but not buy additional shares or sell existing shares.
View analyst ratings for Coherent
or view top-rated stocks.

How has Coherent's stock been impacted by COVID-19?

Coherent's stock was trading at $116.87 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, COHR shares have increased by 121.0% and is now trading at $258.30.
View which stocks have been most impacted by COVID-19
.

When is Coherent's next earnings date?

Coherent is scheduled to release its next quarterly earnings announcement on Wednesday, February 9th 2022.
View our earnings forecast for Coherent
.

How were Coherent's earnings last quarter?

Coherent, Inc. (NASDAQ:COHR) posted its quarterly earnings results on Tuesday, November, 9th. The scientific and technical instruments company reported $1.77 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.02 by $0.25. The scientific and technical instruments company earned $391.67 million during the quarter, compared to analyst estimates of $413.20 million. Coherent had a negative net margin of 7.18% and a positive trailing twelve-month return on equity of 13.24%.
View Coherent's earnings history
.

What price target have analysts set for COHR?

6 analysts have issued 12 month target prices for Coherent's stock. Their forecasts range from $140.00 to $273.00. On average, they expect Coherent's stock price to reach $234.20 in the next twelve months. This suggests that the stock has a possible downside of 9.3%.
View analysts' price targets for Coherent
or view top-rated stocks among Wall Street analysts.

Who are Coherent's key executives?

Coherent's management team includes the following people:
  • Andreas Walter Mattes, President, Chief Executive Officer & Director
  • Mark Stewart Sobey, Chief Operating Officer & Executive Vice President
  • Bret Morgan DiMarco, Secretary, Chief Legal Officer & Executive VP
  • David Nicholas Gee, Chief Marketing Officer & Senior Vice President
  • Jeff Nolan, Director-Global Marketing & Communications

What is Andy Mattes' approval rating as Coherent's CEO?

25 employees have rated Coherent CEO Andy Mattes on Glassdoor.com. Andy Mattes has an approval rating of 100% among Coherent's employees. This puts Andy Mattes in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.

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), Applied Materials (AMAT), Broadcom (AVGO), Micron Technology (MU), Universal Display (OLED), Adobe (ADBE), PayPal (PYPL) and Alphabet (GOOG).

What is Coherent's stock symbol?

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

Who are Coherent's major shareholders?

Coherent's stock is owned by a number of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (8.64%), Westchester Capital Management LLC (3.37%), Magnetar Financial LLC (2.74%), Alpine Associates Management Inc. (2.55%), Goldman Sachs Group Inc. (1.99%) and American Century Companies Inc. (1.81%). Company insiders that own Coherent stock include Mark Stewart Sobey, Pamela Fletcher 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 Goldman Sachs Group Inc., Wellington Management Group LLP, Morgan Stanley, Citigroup Inc., Hudson Bay Capital Management LP, Equitec Proprietary Markets LLC, Picton Mahoney Asset Management, and Verition Fund Management LLC.
View insider buying and selling activity for Coherent
or view top insider-selling stocks.

Which institutional investors are buying Coherent stock?

COHR stock was purchased by a variety of institutional investors in the last quarter, including Natixis, Omni Partners US LLC, Bank of Nova Scotia, Balyasny Asset Management LLC, Berry Street Capital Management LLP, Alpine Associates Management Inc., Westchester Capital Management LLC, and Marshall Wace LLP.
View insider buying and selling activity for Coherent
or or view top insider-buying stocks.

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Coherent's stock price today?

One share of COHR stock can currently be purchased for approximately $258.30.

How much money does Coherent make?

Coherent has a market capitalization of $6.34 billion and generates $1.49 billion in revenue each year. The scientific and technical instruments company earns $-106.75 million in net income (profit) each year or ($4.41) on an earnings per share basis.

How many employees does Coherent have?

Coherent employs 4,875 workers across the globe.

Does Coherent have any subsidiaries?

The following companies are subsidiares of Coherent: Beam Dynamics, CBL Verwaltungsgesellschaft mbH, COHR International Investment C.V., COHR Malaysia SDN. BHD., Coherent (Beijing) Commercial Company Ltd., Coherent (Deutschland) GmbH, Coherent (Thailand) Co. Ltd., Coherent (UK) Holdings Ltd., Coherent (UK) Limited, Coherent Asia Inc., Coherent Canada Inc., Coherent Dutch Merger Sub B.V., Coherent Europe B.V., Coherent France SAS, Coherent Germany GmbH, Coherent GmbH, Coherent Holding BV & Co. KG, Coherent International LLC, Coherent Israel Ltd., Coherent Italia S.r.l., Coherent Japan KK, Coherent Kaiserslautern GmbH, Coherent Korea Ltd., Coherent LaserSystems GmbH & Co. KG, Coherent Munich GmbH & Co. KG, Coherent NA Inc., Coherent Nanjing Laser Co. Ltd., Coherent Real Estate 1 GmbH & Co. KG, Coherent Real Estate 2 GmbH & Co. KG, Coherent Real Estate GmbH, Coherent Rofin B.V., Coherent Scotland Limited, Coherent Services Vietnam Limited Liability Company, Coherent Shared Services B.V., Coherent Singapore Pte. Ltd., Coherent Switzerland AG, Coherent TIOS Inc., Corelase Oy, Crystal Associates, DILAS Diode Laser Inc., DILAS Diodenlaser GmbH, DeMaria ElectroOptics Systems, E.S. Technology Limited, Hypertronics, Innolight Innovative Laser and Systemtechnik, LUMERA LASER, Lambda Physik, Lasertec, MiDaz Lasers, MiDaz Lasers Limited, Microlase Optical Systems, Molectron Detector, Nanjing Eastern Laser Co. Ltd., Nanjing Eastern Technologies Co. Ltd., Nufern, Nufern International Inc., Nufern US Inc., Nufibre Pty Ltd., Nuvonyx, O.R. Lasertechnologie GmbH, Ondax Inc., Optoskand AB, PMB Elektronik GmbH, Picometrix, Positive Light, Rasant-Alcotec Beschichtungstechnik GmbH, Raydiance, Rofin - Sinar, Rofin-Baasel China Company Ltd., Rofin-Baasel Espana S.L., Rofin-Baasel Inc., Rofin-Baasel Korea Co. Ltd., Rofin-Baasel Singapore Pte Ltd., Rofin-Baasel Taiwan Ltd., Rofin-Baasel UK LIMITED, Rofin-Sinar Laser GmbH, Rofin-Sinar Technologies Europe S.L., Rofin-Sinar Technologies LLC, StockerYale, Tinsley Laboratories, TuiLaser, and iolon inc..

When was Coherent founded?

Coherent was founded in 1966.

What is Coherent's official website?

The official website for Coherent is www.coherent.com.

Where are Coherent's headquarters?

Coherent is headquartered at 5100 Patrick Henry Drive, Santa Clara CA, 95054.

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, via email at [email protected], or via fax at 408-764-4800.


This page was last updated on 11/27/2021 by MarketBeat.com Staff

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