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NASDAQ:COHR - Coherent Stock Price, Forecast & News

$99.75
-6.66 (-6.26 %)
(As of 04/2/2020 06:00 AM ET)
Today's Range
$99.04
Now: $99.75
$103.90
50-Day Range
$82.09
MA: $124.48
$159.61
52-Week Range
$78.21
Now: $99.75
$178.08
Volume122,777 shs
Average Volume299,415 shs
Market Capitalization$2.41 billion
P/E Ratio100.76
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. Its products are used in markets, including microelectronics, materials processing, original equipment manufacturer components and instrumentation, and scientific research and government programs. The company markets its products through a direct sales force in the United States, as well as through direct sales personnel and independent representatives internationally. Coherent, Inc. was founded in 1966 and is headquartered in Santa Clara, California.
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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$9.38 per share
Book Value$53.57 per share

Profitability

Net Income$53.83 million

Miscellaneous

Employees5,184
Market Cap$2.41 billion
Next Earnings Date5/5/2020 (Estimated)
OptionableOptionable

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Coherent (NASDAQ:COHR) Frequently Asked Questions

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

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 stock has decreased by 14.6% and is now trading at $99.75. View which stocks have been mosted impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Coherent?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Coherent in the last year. There are currently 1 hold rating and 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Coherent.

When is Coherent's next earnings date?

Coherent is scheduled to release its next quarterly earnings announcement on Tuesday, May 5th 2020. View our earnings forecast for Coherent.

How were Coherent's earnings last quarter?

Coherent, Inc. (NASDAQ:COHR) issued its quarterly earnings results on Wednesday, February, 5th. The scientific and technical instruments company reported $0.86 earnings per share for the quarter, topping the consensus estimate of $0.77 by $0.09. The scientific and technical instruments company had revenue of $320.80 million for the quarter, compared to analyst estimates of $315.53 million. Coherent had a net margin of 1.76% and a return on equity of 6.46%. The business's quarterly revenue was down 16.3% on a year-over-year basis. During the same quarter last year, the business posted $2.09 EPS. View Coherent's earnings history.

What price target have analysts set for COHR?

5 brokers have issued twelve-month target prices for Coherent's shares. Their forecasts range from $160.00 to $205.00. On average, they anticipate Coherent's stock price to reach $184.67 in the next year. This suggests a possible upside of 85.1% from the stock's current price. View analysts' price targets for Coherent.

Has Coherent been receiving favorable news coverage?

News coverage about COHR stock has trended very negative on Thursday, according to InfoTrie. InfoTrie scores the sentiment of press coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Coherent earned a media sentiment score of -3.3 on InfoTrie's scale. They also gave news headlines about the scientific and technical instruments company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the stock's share price in the near term. View the latest news aboutCoherent.

Are investors shorting Coherent?

Coherent saw a increase in short interest during the month of March. As of March 13th, there was short interest totaling 1,279,000 shares, an increase of 8.4% from the February 27th total of 1,180,000 shares. Based on an average trading volume of 249,000 shares, the short-interest ratio is currently 5.1 days. Approximately 5.4% 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), Broadcom (AVGO), Applied Materials (AMAT), Universal Display (OLED), Micron Technology (MU), Adobe (ADBE), Paypal (PYPL) and Alphabet (GOOG).

Who are Coherent's key executives?

Coherent's management team includes the following 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)

What is Coherent's stock symbol?

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

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 $99.75.

How big of a company is Coherent?

Coherent has a market capitalization of $2.41 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 5,184 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:  2.7 out of 5 (star star)
Outperform Votes:  484 (Vote Outperform)
Underperform Votes:  429 (Vote Underperform)
Total Votes:  913
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 4/2/2020 by MarketBeat.com Staff

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