NASDAQ:COHR - Coherent Stock Price, News & Analysis

$141.20
-7.01 (-4.73 %)
(As of 08/25/2019 04:00 PM ET)
Today's Range
$139.96
Now: $141.20
$147.75
50-Day Range
$124.99
MA: $138.42
$155.91
52-Week Range
$90.10
Now: $141.20
$192.37
Volume258,083 shs
Average Volume393,137 shs
Market Capitalization$3.39 billion
P/E Ratio10.83
Dividend YieldN/A
Beta1.82
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$17.5186 per share
Book Value$54.26 per share

Profitability

Net Income$247.35 million

Miscellaneous

Employees5,418
Market Cap$3.39 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 announced that its board has initiated a share buyback plan on Thursday, February 8th 2018, which allows the company to buyback $100,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization allows the company to reacquire shares of its stock through open market purchases. Shares buyback plans are typically an indication that the company's leadership believes its shares are 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 EPS for the quarter, topping the Zacks' consensus estimate of $1.05 by $0.28. The scientific and technical instruments company had revenue of $339.17 million for the quarter, compared to analyst estimates of $348.61 million. Coherent had a net margin of 8.12% and a return on equity of 13.38%. The business's revenue was down 29.7% on a year-over-year basis. During the same quarter in the previous year, the business posted $3.51 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, November 5th 2019. View Earnings Estimates for Coherent.

What price target have analysts set for COHR?

10 Wall Street analysts have issued 12 month price targets for Coherent's stock. Their forecasts range from $125.00 to $174.00. On average, they anticipate Coherent's stock price to reach $148.00 in the next twelve months. This suggests a possible upside of 4.8% from the stock's current price. 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.

What are Wall Street analysts saying about Coherent stock?

Here are some recent quotes from research analysts about Coherent stock:
  • 1. According to Zacks Investment Research, "Coherent, Inc. is an American company, designs, manufactures and markets laser systems and components, laser measurement and control products, optics, and laser accessories, which are used both in industry and scientific research. Their markets are the microelectronics industry (e.g., flat panel display manufacturing, integrated circuit packaging, and integrated circuit inspection), scientific research, OEM components, and materials processing (e.g., CO2 lasers for cutting metals). " (8/5/2019)
  • 2. Benchmark Co. analysts commented, "We maintain our Buy recommendation and $216 target price. Buy Current Price $177.88 Price Target $216.00 52-Wk Range $145.66 – $329.00 Market Cap (B) $4.32 Enterprise Value (B) $4.41 24,300 Avg. Vol. (30 day) (000s) 436.9 FY Sep Revenue (m) 2017A $346.073A $422.833A $464.107A $490.298A $1,723.311A 2018E $477.565A $481.118A $482.342A $480.000E $1,921.025E 2019E $460.000E $440.000E $465.000E $480.000E $1,845.000E Coherent Inc." (9/13/2018)

Has Coherent been receiving favorable news coverage?

Media coverage about COHR stock has been trending positive on Sunday, InfoTrie Sentiment reports. InfoTrie identifies positive and negative press coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Coherent earned a media sentiment score of 2.5 on InfoTrie's scale. They also assigned press coverage about the scientific and technical instruments company a news buzz of 6.0 out of 10, indicating that recent press coverage is somewhat likely to have an impact on the company's share price in the immediate future. View News Stories for Coherent.

Are investors shorting Coherent?

Coherent saw a increase in short interest during the month of July. As of July 15th, there was short interest totalling 1,527,300 shares, an increase of 10.1% from the June 15th total of 1,387,500 shares. Based on an average trading volume of 331,000 shares, the days-to-cover ratio is currently 4.6 days. Approximately 6.4% of the company's stock 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), Broadcom (AVGO), Micron Technology (MU), 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 a variety of of retail and institutional investors. Top institutional shareholders 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, John Ambroseo, Mark Stewart Sobey, Pamela Fletcher, Paul F Sechrist, Sandeep Vij 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 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 institutional investors are buying Coherent stock?

COHR stock was bought 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, Scottrade, Fidelity and Charles Schwab.

What is Coherent's stock price today?

One share of COHR stock can currently be purchased for approximately $141.20.

How big of a company is Coherent?

Coherent has a market capitalization of $3.39 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:  429 (Vote Outperform)
Underperform Votes:  393 (Vote Underperform)
Total Votes:  822
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 8/25/2019 by MarketBeat.com Staff

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