Coherent Company Profile (NASDAQ:COHR)

About Coherent (NASDAQ:COHR)

Coherent, 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: Semiconductors
Sub-Industry: Electronic Equipment & Instruments
Symbol: NASDAQ:COHR
CUSIP: 19247910
Web: www.coherent.com

Capitalization:

Market Cap: $6.25 billion
Outstanding Shares: 24,631,000

Average Prices:

50 Day Moving Avg: $243.88
200 Day Moving Avg: $235.78
52 Week Range: $100.01 - $281.00

P/E:

Trailing P/E Ratio: 38.22
Foreward P/E Ratio: 17.57
P/E Growth: 0.39

Sales & Book Value:

Annual Revenue: $1.48 billion
Price / Sales: 4.23
Book Value: $43.36 per share
Price / Book: 5.85

Profitability:

EBITDA: $403.41 million
Net Margins: 11.08%
Return on Equity: 24.98%
Return on Assets: 12.59%

Debt:

Debt-to-Equity Ratio: 0.61%
Current Ratio: 3.33%
Quick Ratio: 2.26%

Misc:

Average Volume: 580,145 shs.
Beta: 0.78
Short Ratio: 1.89

Frequently Asked Questions for Coherent (NASDAQ:COHR)

What is Coherent's stock symbol?

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

How were Coherent's earnings last quarter?

Coherent, Inc. (NASDAQ:COHR) released its quarterly earnings data on Tuesday, August, 1st. The company reported $3.36 earnings per share for the quarter, missing the consensus estimate of $3.45 by $0.09. The company had revenue of $464.10 million for the quarter, compared to the consensus estimate of $466.90 million. Coherent had a return on equity of 24.98% and a net margin of 11.08%. The business's revenue was up 112.1% compared to the same quarter last year. During the same period in the prior year, the business earned $1.07 earnings per share. View Coherent's Earnings History.

When will Coherent make its next earnings announcement?

Coherent is scheduled to release their next quarterly earnings announcement on Tuesday, October, 31st 2017. View Earnings Estimates for Coherent.

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

8 equities research analysts have issued 12-month price objectives for Coherent's stock. Their predictions range from $270.00 to $325.00. On average, they expect Coherent's stock price to reach $296.13 in the next year. View Analyst Ratings for Coherent.

What are analysts saying about Coherent stock?

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

1. Benchmark Co. analysts commented, "We believe it is likely that Apple will employ OLED displays in all its iPhones by no later than 2019 and that other smartphone manufacturers will shift to OLED displays during this period." (10/12/2017)
2. According to Zacks Investment Research, "Coherent, 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. " (10/3/2017)
3. Needham & Company LLC analysts commented, "We hosted COHR mgmt. at a series of investor meetings late last week in the mid-Atlantic. We came away from the meetings incrementally more positive about the business over the next year. We believe there is the potential for COHR's display business to provide upside both from stronger equipment sales as well as a more rapid ramp in the service portion of the business. Beyond this key area of the business, where most investor interest has been focused, we have become more optimistic about upside opportunities in the materials processing market, benefiting from what we expect will be a stronger contribution from the recently acquired Rofin business. We are tweaking our F18 estimates higher while maintaining our aboveconsensus estimate for F17. COHR shares remain attractively valued, in our view. We reiterate our Buy." (3/13/2017)

Who are some of Coherent's key competitors?

Some companies that are related to Coherent include Freescale Semiconductor Ltd (FSL), Advanced Semiconductor Engineering (ASX), Flextronics International (FLEX), Marvell Technology Group (MRVL), ON Semiconductor Corporation (ON), Arrow Electronics (ARW), Semiconductor Manufacturing International Corporation (SMI), United Microelectronics Corporation (UMC), Microsemi Corporation (MSCC), Cypress Semiconductor Corporation (CY), Jabil Circuit (JBL), Siliconware Precision Industries Company (SPIL), Monolithic Power Systems (MPWR), Cavium (CAVM), Integrated Device Technology (IDTI), Silicon Laboratories (SLAB), Advanced Energy Industries (AEIS) and Vishay Intertechnology (VSH).

Who are Coherent's key executives?

Coherent's management team includes the folowing people:

Garry W. Rogerson Ph.D., Independent Chairman of the Board
John R. Ambroseo Ph.D., President, Chief Executive Officer, Director
Kevin S. Palatnik, Chief Financial Officer, Executive Vice President
Luis A. Spinelli, Executive Vice President, Chief Technology Officer
Bret M. DiMarco, Executive Vice President, General Counsel, Corporate Secretary
Mark Stewart Sobey Ph.D., Executive Vice President, General Manager - Specialty Laser Systems
Paul F. Sechrist, Executive Vice President - Worldwide Sales and Service
Pamela Fletcher, Director
Jay T. Flatley, Independent Director
Susan M. James CPA, Independent Director

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.

What is Coherent's stock price today?

One share of Coherent stock can currently be purchased for approximately $253.87.

MarketBeat Community Rating for Coherent (NASDAQ COHR)

Community Ranking:		3.1 out of 5 ( )
Outperform Votes:		248 (Vote Outperform)
Underperform Votes:		157 (Vote Underperform)
Total Votes:		405

MarketBeat's community ratings are surveys of what our community members think about Coherent and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Consensus Ratings for Coherent (NASDAQ:COHR) (How are Consensus Ratings Calculated?)

Ratings Breakdown:	8 Buy Ratings
Consensus Rating:	Buy (Score: 3.00)
Consensus Price Target:	$296.13 (16.64% upside)

Consensus Price Target History for Coherent (NASDAQ:COHR)

Analysts' Ratings History for Coherent (NASDAQ:COHR)

Show:

Date	Firm	Action	Rating	Price Target	Impact on Share Price
10/12/2017	Benchmark Co.	Reiterated Rating	Buy	$290.00	N/A
9/23/2017	Summit Redstone	Reiterated Rating	Buy	$320.00	Medium
9/13/2017	Stifel Nicolaus	Reiterated Rating	Buy	$290.00	Medium
9/12/2017	Northcoast Research	Reiterated Rating	Buy	$311.00 -> $314.00	Medium
9/5/2017	Susquehanna Bancshares Inc	Reiterated Rating	Positive	$275.00	Medium
8/7/2017	Barclays PLC	Initiated Coverage	Overweight -> Overweight	$285.00	Medium
8/2/2017	Needham & Company LLC	Reiterated Rating	Buy	$265.00 -> $270.00	Medium
6/28/2017	Longbow Research	Reiterated Rating	Buy	$325.00	Low
3/22/2016	B. Riley	Reiterated Rating	Neutral	$70.00	N/A

(Data available from 10/16/2015 forward)

Earnings History for Coherent (NASDAQ:COHR)

Earnings by Quarter for Coherent (NASDAQ:COHR)

Earnings History by Quarter for Coherent (NASDAQ COHR)

Date	Quarter	Consensus Estimate	Actual EPS	Revenue Estimate	Actual Revenue	Release Link	Conference Call
10/31/2017		$3.48					N/A
8/1/2017	Q3 2017	$3.45	$3.36	$466.90 million	$464.10 million	View	Listen
5/9/2017	Q2 2017	$2.55	$2.71	$404.36 million	$422.80 million	View	Listen
2/7/2017	Q217	$1.76	$2.57	$316.98 million	$346.10 million	View	Listen
11/2/2016	Q416	$1.52	$1.65	$241.76 million	$248.50 million	View	N/A
7/27/2016	Q316	$1.11	$1.07	$211.94 million	$218.80 million	View	Listen
4/28/2016	Q216	$0.99	$1.04	$197.44 million	$199.90 million	View	Listen
1/28/2016	Q116	$0.89	$0.99	$196.32 million	$190.30 million	View	Listen
11/4/2015	Q415	$0.98	$1.12	$210.10 million	$209.60 million	View	Listen
7/30/2015	Q215	$0.68	$0.69	$203.57 million	$188.50 million	View	Listen
4/29/2015	Q115	$0.66	$0.94	$202.17 million	$203.72 million	View	Listen
1/29/2015	Q414	$0.77	$0.87	$196.02 million	$200.60 million	View	Listen
11/4/2014	Q4	$0.93	$0.96	$209.44 million	$205.30 million	View	N/A
7/30/2014	Q314	$0.80	$0.73	$201.20 million	$196.52 million	View	N/A
4/30/2014	Q214	$0.67	$0.68	$200.20 million	$199.20 million	View	N/A
1/29/2014	Q114	$0.81	$0.68	$197.43 million	$193.56 million	View	N/A
10/30/2013	Q413	$0.87	$1.03	$207.34 million	$213.10 million	View	Listen
7/30/2013	Q3 2013	$0.83	$0.91	$207.72 million	$213.70 million	View	Listen
4/24/2013	Q2 2013	$0.77	$0.84	$198.17 million	$200.10 million	View	N/A
1/24/2013	Q1 2013	$0.71	$0.71	$186.55 million	$183.20 million	View	N/A
10/31/2012	Q412	$0.85	$0.71	$195.33 million	$188.70 million	View	N/A
7/26/2012		$0.74	$0.83			View	N/A
4/26/2012		$0.83	$0.73			View	N/A
1/25/2012		$0.82	$0.82			View	N/A
11/2/2011		$0.84	$0.96			View	N/A
7/27/2011		$0.81	$0.83			View	N/A
5/3/2011		$0.78	$0.83			View	N/A
1/27/2011		$0.69	$0.85			View	N/A

(Data available from 1/1/2011 forward)

Earnings Estimates for Coherent (NASDAQ:COHR)

2017 EPS Consensus Estimate: $3.42
2018 EPS Consensus Estimate: $15.30

Quarter	Number of Estimates	Low Estimate	High Estimate	Average Estimate
Q4 2017	1	$3.42	$3.42	$3.42
Q1 2018	1	$3.27	$3.27	$3.27
Q2 2018	1	$3.42	$3.42	$3.42
Q3 2018	1	$4.15	$4.15	$4.15
Q4 2018	1	$4.46	$4.46	$4.46

(Data provided by Zacks Investment Research)

Dividend History by Quarter for Coherent (NASDAQ COHR)

Announced	Period	Amount	Yield	Ex-Dividend Date	Record Date	Payable Date
12/10/2012	special	$1.00		12/17/2012	12/19/2012	12/27/2012

(Data available from 1/1/2013 forward)

Insider Trading and Institutional Ownership History for Coherent (NASDAQ:COHR)

Insider Ownership Percentage: 1.40%
Institutional Ownership Percentage: 90.21%

Institutional Ownership by Quarter for Coherent (NASDAQ:COHR)

Insider Trades by Quarter for Coherent (NASDAQ:COHR)

Transaction Date	Insider Name	Title	Buy/Sell	Number of Shares	Average Share Price	Total Transaction
9/12/2017	John Ambroseo	CEO	Sell	25,000	$250.00	$6,250,000.00
8/14/2017	Stephen A Skaggs	Director	Sell	500	$217.58	$108,790.00
5/24/2017	Mark Stewart Sobey	EVP	Sell	4,904	$243.02	$1,191,770.08
5/22/2017	John Ambroseo	CEO	Sell	24,970	$248.08	$6,194,557.60
5/16/2017	Garry W Rogerson	Director	Sell	4,500	$257.03	$1,156,635.00
5/15/2017	Stephen A Skaggs	Director	Sell	500	$249.48	$124,740.00
5/5/2017	Bret Dimarco	VP	Sell	2,903	$225.00	$653,175.00
11/14/2016	Luis Spinelli	VP	Sell	4,328	$126.02	$545,414.56
11/9/2016	Bret Dimarco	VP	Sell	4,951	$120.00	$594,120.00
11/9/2016	Mark Stewart Sobey	EVP	Sell	4,593	$119.00	$546,567.00
10/3/2016	Bret Dimarco	VP	Sell	953	$109.75	$104,591.75
9/21/2016	John Ambroseo	CEO	Sell	25,979	$110.00	$2,857,690.00
8/15/2016	Stephen A Skaggs	Director	Sell	500	$108.60	$54,300.00
8/4/2016	L William Krause	Director	Sell	22,785	$106.10	$2,417,488.50
8/1/2016	Bret Dimarco	VP	Sell	1,039	$106.70	$110,861.30
8/1/2016	Susan M James	Director	Sell	5,000	$106.75	$533,750.00
5/24/2016	L William Krause	Director	Sell	7,700	$88.55	$681,835.00
5/18/2016	Luis Spinelli	VP	Sell	3,027	$84.90	$256,992.30
5/16/2016	L William Krause	Director	Sell	2,000	$86.39	$172,780.00
5/10/2016	L William Krause	Director	Sell	1,800	$88.15	$158,670.00
5/4/2016	L William Krause	Director	Sell	10,000	$89.68	$896,800.00
3/18/2016	Paul F Sechrist	EVP	Sell	19,000	$90.00	$1,710,000.00
2/17/2016	Paul F Sechrist	EVP	Sell	15,000	$80.00	$1,200,000.00
2/8/2016	Luis Spinelli	VP	Sell	2,451	$77.46	$189,854.46
11/10/2015	Luis Spinelli	VP	Sell	5,500	$63.40	$348,700.00
2/17/2015	Susan M James	Director	Sell	3,500	$64.78	$226,730.00
2/4/2015	Luis Spinelli	VP	Sell	5,500	$65.05	$357,775.00
12/10/2014	Bret Dimarco	VP	Sell	4,400	$60.00	$264,000.00
5/5/2014	Bret Dimarco	VP	Sell	1,808	$60.00	$108,480.00
2/28/2014	Helene Simonet	CFO	Sell	7,206	$68.72	$495,196.32
2/28/2014	Luis Spinelli	VP	Sell	3,000	$68.43	$205,290.00
11/11/2013	Mark Stewart Sobey	EVP	Sell	2,969	$65.21	$193,608.49
11/7/2013	Lawrence Tomlinson	Director	Sell	2,500	$65.88	$164,700.00
10/31/2013	John Ambroseo	CEO	Sell	60,491	$66.26	$4,008,133.66
10/22/2013	John Ambroseo	CEO	Sell	2,139	$66.02	$141,216.78
10/21/2013	John Ambroseo	CEO	Sell	12,370	$66.07	$817,285.90
10/11/2013	Helene Simonet	CFO	Sell	4,296	$63.61	$273,268.56
10/11/2013	John Ambroseo	CEO	Sell	25,200	$64.04	$1,613,808.00
9/23/2013	Helene Simonet	CFO	Sell	10,041	$60.25	$604,970.25
9/11/2013	Helene Simonet	CFO	Sell	8,878	$59.50	$528,241.00
7/9/2013	Bret Dimarco	VP	Sell	7,000	$60.00	$420,000.00
7/9/2013	Paul F Sechrist	EVP	Sell	10,000	$60.00	$600,000.00
5/28/2013	Bret Dimarco	VP	Sell	2,855	$59.00	$168,445.00
2/14/2013	Helene Simonet	CFO	Sell	12,957	$59.05	$765,110.85
12/3/2012	Garry W Rogerson	Director	Sell	6,000	$46.06	$276,360.00
11/27/2012	John Ambroseo	CEO	Sell	7,598	$44.53	$338,338.94

(Data available from 1/1/2013 forward)

Headline Trends for Coherent (NASDAQ:COHR) Latest Headlines for Coherent (NASDAQ:COHR)

Source:

Date	Headline
	ETFs with exposure to Coherent, Inc. : October 16, 2017 finance.yahoo.com - October 16 at 6:09 PM
	Coherent, Inc. (COHR) Rating Reiterated by Benchmark Co. www.americanbankingnews.com - October 14 at 9:00 PM
	Coherent Announces the Completion of Divestiture of Hull, England Operations finance.yahoo.com - October 12 at 6:13 PM
	How These Scientific & Technical Instruments Stocks are Performing ... - PR Newswire (press release) www.prnewswire.com - October 11 at 4:41 AM
	Coherent (COHR) & Its Peers Head to Head Contrast www.americanbankingnews.com - October 8 at 10:38 AM
	Coherent, Inc. (COHR) Receives Consensus Rating of "Buy" from Analysts www.americanbankingnews.com - October 7 at 7:14 PM
	Contrasting Coherent (COHR) & Arrow Electronics (ARW) www.americanbankingnews.com - October 7 at 10:28 AM
	Head to Head Contrast: Coherent (COHR) & Its Competitors www.americanbankingnews.com - October 7 at 12:18 AM
	ETFs with exposure to Coherent, Inc. : October 3, 2017 finance.yahoo.com - October 3 at 5:18 PM
	ETFs with exposure to Coherent, Inc. : October 3, 2017 finance.yahoo.com - October 3 at 5:18 PM
	Coherent, Inc. breached its 50 day moving average in a Bearish Manner : COHR-US : September 29, 2017 finance.yahoo.com - October 3 at 5:03 AM
	Should You Be Tempted To Sell Coherent Inc (COHR) At Its Current Price? finance.yahoo.com - October 3 at 5:03 AM
	Head-To-Head Comparison: Coherent (COHR) versus Its Rivals www.americanbankingnews.com - September 23 at 4:20 PM
	Summit Redstone Reaffirms Buy Rating for Coherent, Inc. (COHR) www.americanbankingnews.com - September 23 at 3:32 PM
	ETFs with exposure to Coherent, Inc. : September 22, 2017 finance.yahoo.com - September 22 at 4:24 PM
	Coherent Can Ride the OLED and Fiber Laser Trains, Says Summit Redstone finance.yahoo.com - September 21 at 5:18 PM
	Noteworthy Tuesday Option Activity: AET, URI, COHR www.nasdaq.com - September 19 at 5:25 PM
	Analysts Anticipate Coherent, Inc. (COHR) to Announce $3.42 Earnings Per Share www.americanbankingnews.com - September 14 at 4:14 PM
	Northcoast Research Analysts Raise Earnings Estimates for Coherent, Inc. (COHR) www.americanbankingnews.com - September 14 at 10:31 AM
	John Ambroseo Sells 25,000 Shares of Coherent, Inc. (COHR) Stock www.americanbankingnews.com - September 13 at 7:18 PM
	Coherent, Inc. (COHR): Folding Smartphone Could Be A Catalyst - Stifel - StreetInsider.com www.streetinsider.com - September 13 at 6:40 PM
	Coherent, Inc. (COHR) Given "Buy" Rating at Stifel Nicolaus www.americanbankingnews.com - September 13 at 9:52 AM
	Northcoast Research Analysts Increase Earnings Estimates for Coherent, Inc. (COHR) www.americanbankingnews.com - September 13 at 9:02 AM
	Coherent, Inc. (COHR) Given Average Rating of "Buy" by Brokerages www.americanbankingnews.com - September 12 at 6:48 PM
	Coherent, Inc. breached its 50 day moving average in a Bullish Manner : COHR-US : September 12, 2017 finance.yahoo.com - September 12 at 6:05 PM
	Coherent, Inc. (COHR) Receives "Buy" Rating from Northcoast Research www.americanbankingnews.com - September 12 at 4:30 PM
	ETFs with exposure to Coherent, Inc. : September 12, 2017 finance.yahoo.com - September 11 at 11:10 PM
	Coherent's (COHR) Positive Rating Reaffirmed at Susquehanna Bancshares Inc www.americanbankingnews.com - September 5 at 9:46 PM
	Coherent, Inc. (COHR): Checks Support Upside Thesis ... - StreetInsider.com www.streetinsider.com - September 5 at 6:58 PM
	ETFs with exposure to Coherent, Inc. : September 1, 2017 finance.yahoo.com - September 1 at 10:45 PM
	Coherent, Inc. :COHR-US: Earnings Analysis: Q3, 2017 By the Numbers : August 29, 2017 finance.yahoo.com - August 29 at 5:48 PM
	$476.40 Million in Sales Expected for Coherent, Inc. (COHR) This Quarter www.americanbankingnews.com - August 29 at 12:56 PM
	Coherent, Inc. (COHR) Sees Significant Increase in Short Interest www.americanbankingnews.com - August 28 at 1:48 AM
	Brokerages Anticipate Coherent, Inc. (COHR) to Post $3.42 Earnings Per Share www.americanbankingnews.com - August 27 at 4:24 AM
	Reviewing Mellanox Technologies (MLNX) & Coherent (COHR) www.americanbankingnews.com - August 23 at 4:26 AM
	Coherent (COHR) & Xilinx (XLNX) Head to Head Comparison www.americanbankingnews.com - August 20 at 10:12 PM
	Coherent, Inc. (COHR) Receives Average Recommendation of "Buy" from Brokerages www.americanbankingnews.com - August 18 at 6:32 PM
	Stephen A. Skaggs Sells 500 Shares of Coherent, Inc. (COHR) Stock www.americanbankingnews.com - August 17 at 1:28 PM
	Coherent, Inc. – Value Analysis (NASDAQ:COHR) : August 17, 2017 finance.yahoo.com - August 16 at 10:50 PM
	See what the IHS Markit Score report has to say about Coherent Inc. finance.yahoo.com - August 12 at 4:54 PM
	IHS Markit Score downgrades Coherent Inc to 32 out of 100, ranking positively in only one out of three available IHS Markit categories. finance.yahoo.com - August 11 at 5:52 PM
	Analyzing Intersil Corp (ISIL) & Coherent (COHR) www.americanbankingnews.com - August 9 at 7:24 AM
	ETFs with exposure to Coherent, Inc. : August 7, 2017 finance.yahoo.com - August 7 at 5:46 PM
	Northcoast Research Analysts Cut Earnings Estimates for Coherent, Inc. (NASDAQ:COHR) www.americanbankingnews.com - August 7 at 8:09 AM
	Cabot Microelectronics Corporation (CCMP) versus Coherent (COHR) Financial Survey www.americanbankingnews.com - August 5 at 12:46 PM
	Coherent: Buy On The Drop? - Seeking Alpha seekingalpha.com - August 4 at 10:39 PM
	Q4 2017 Earnings Estimate for Coherent, Inc. (COHR) Issued By Northcoast Research www.americanbankingnews.com - August 4 at 2:40 PM
	Coherent, Inc. breached its 50 day moving average in a Bearish Manner : COHR-US : August 3, 2017 finance.yahoo.com - August 3 at 6:49 PM
	BUZZ-US STOCKS ON THE MOVE-Apple, AMC Entertainment, Match Group - Nasdaq www.nasdaq.com - August 2 at 11:13 PM
	Coherent is Now Oversold (COHR) www.nasdaq.com - August 2 at 6:11 PM