Coherent Company Profile (NASDAQ:COHR)

About Coherent (NASDAQ:COHR)

Coherent logoCoherent, 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: $6.45 billion
  • Outstanding Shares: 24,631,000
Average Prices:
  • 50 Day Moving Avg: $247.84
  • 200 Day Moving Avg: $237.23
  • 52 Week Range: $100.01 - $281.00
P/E:
  • Trailing P/E Ratio: 39.42
  • Foreward P/E Ratio: 18.12
  • P/E Growth: 0.40
Sales & Book Value:
  • Annual Revenue: $1.48 billion
  • Price / Sales: 4.36
  • Book Value: $43.36 per share
  • Price / Book: 6.04
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: 560,283 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) issued its earnings results on Tuesday, August, 1st. The company reported $3.36 EPS for the quarter, missing analysts' consensus estimates of $3.45 by $0.09. The firm earned $464.10 million during the quarter, compared to analyst estimates of $466.90 million. Coherent had a net margin of 11.08% and a return on equity of 24.98%. The business's revenue for the quarter was up 112.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $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 brokerages have issued 1 year price objectives for Coherent's stock. Their forecasts range from $270.00 to $325.00. On average, they anticipate 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?

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

Who owns Coherent stock?

Coherent's stock is owned by a variety of of institutional and retail investors. Top institutional investors include Skylands Capital LLC (0.65%), Mutual of America Capital Management LLC (0.09%), State Treasurer State of Michigan (0.04%) and Robeco Institutional Asset Management B.V. (0.02%). Company insiders that own Coherent stock include Bret Dimarco, Garry W Rogerson, John Ambroseo, L William Krause, Luis Spinelli, Mark Stewart Sobey, Paul F Sechrist, Stephen A Skaggs and Susan M James. View Institutional Ownership Trends for Coherent.

Who sold Coherent stock? Who is selling Coherent stock?

Coherent's stock was sold by a variety of institutional investors in the last quarter, including State Treasurer State of Michigan. Company insiders that have sold Coherent stock in the last year include Bret Dimarco, Garry W Rogerson, John Ambroseo, Luis Spinelli, Mark Stewart Sobey and Stephen A Skaggs. View Insider Buying and Selling for Coherent.

Who bought Coherent stock? Who is buying Coherent stock?

Coherent's stock was purchased by a variety of institutional investors in the last quarter, including Skylands Capital LLC, Robeco Institutional Asset Management B.V. and Mutual of America Capital Management LLC. View Insider Buying and Selling for Coherent.

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 $261.80.


MarketBeat Community Rating for Coherent (NASDAQ COHR)
Community Ranking:  3.1 out of 5 (star star star)
Outperform Votes:  250 (Vote Outperform)
Underperform Votes:  159 (Vote Underperform)
Total Votes:  409
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.

Analyst Ratings

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 (13.11% upside)
Consensus Price Target History for Coherent (NASDAQ:COHR)
Price Target History for Coherent (NASDAQ:COHR)
Analysts' Ratings History for Coherent (NASDAQ:COHR)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
10/12/2017Benchmark Co.Reiterated RatingBuy$290.00N/AView Rating Details
9/23/2017Summit RedstoneReiterated RatingBuy$320.00MediumView Rating Details
9/13/2017Stifel NicolausReiterated RatingBuy$290.00MediumView Rating Details
9/12/2017Northcoast ResearchReiterated RatingBuy$311.00 -> $314.00MediumView Rating Details
9/5/2017Susquehanna Bancshares IncReiterated RatingPositive$275.00MediumView Rating Details
8/7/2017Barclays PLCInitiated CoverageOverweight -> Overweight$285.00MediumView Rating Details
8/2/2017Needham & Company LLCReiterated RatingBuy$265.00 -> $270.00MediumView Rating Details
6/28/2017Longbow ResearchReiterated RatingBuy$325.00LowView Rating Details
3/22/2016B. RileyReiterated RatingNeutral$70.00N/AView Rating Details
(Data available from 10/23/2015 forward)

Earnings

Earnings History for Coherent (NASDAQ:COHR)
Earnings by Quarter for Coherent (NASDAQ:COHR)
Earnings History by Quarter for Coherent (NASDAQ COHR)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/31/2017$3.48N/AView Earnings Details
8/1/2017Q3 2017$3.45$3.36$466.90 million$464.10 millionViewListenView Earnings Details
5/9/2017Q2 2017$2.55$2.71$404.36 million$422.80 millionViewListenView Earnings Details
2/7/2017Q217$1.76$2.57$316.98 million$346.10 millionViewListenView Earnings Details
11/2/2016Q416$1.52$1.65$241.76 million$248.50 millionViewN/AView Earnings Details
7/27/2016Q316$1.11$1.07$211.94 million$218.80 millionViewListenView Earnings Details
4/28/2016Q216$0.99$1.04$197.44 million$199.90 millionViewListenView Earnings Details
1/28/2016Q116$0.89$0.99$196.32 million$190.30 millionViewListenView Earnings Details
11/4/2015Q415$0.98$1.12$210.10 million$209.60 millionViewListenView Earnings Details
7/30/2015Q215$0.68$0.69$203.57 million$188.50 millionViewListenView Earnings Details
4/29/2015Q115$0.66$0.94$202.17 million$203.72 millionViewListenView Earnings Details
1/29/2015Q414$0.77$0.87$196.02 million$200.60 millionViewListenView Earnings Details
11/4/2014Q4$0.93$0.96$209.44 million$205.30 millionViewN/AView Earnings Details
7/30/2014Q314$0.80$0.73$201.20 million$196.52 millionViewN/AView Earnings Details
4/30/2014Q214$0.67$0.68$200.20 million$199.20 millionViewN/AView Earnings Details
1/29/2014Q114$0.81$0.68$197.43 million$193.56 millionViewN/AView Earnings Details
10/30/2013Q413$0.87$1.03$207.34 million$213.10 millionViewListenView Earnings Details
7/30/2013Q3 2013$0.83$0.91$207.72 million$213.70 millionViewListenView Earnings Details
4/24/2013Q2 2013$0.77$0.84$198.17 million$200.10 millionViewN/AView Earnings Details
1/24/2013Q1 2013$0.71$0.71$186.55 million$183.20 millionViewN/AView Earnings Details
10/31/2012Q412$0.85$0.71$195.33 million$188.70 millionViewN/AView Earnings Details
7/26/2012$0.74$0.83ViewN/AView Earnings Details
4/26/2012$0.83$0.73ViewN/AView Earnings Details
1/25/2012$0.82$0.82ViewN/AView Earnings Details
11/2/2011$0.84$0.96ViewN/AView Earnings Details
7/27/2011$0.81$0.83ViewN/AView Earnings Details
5/3/2011$0.78$0.83ViewN/AView Earnings Details
1/27/2011$0.69$0.85ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Coherent (NASDAQ:COHR)
2017 EPS Consensus Estimate: $3.42
2018 EPS Consensus Estimate: $15.30
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q4 20171$3.42$3.42$3.42
Q1 20181$3.27$3.27$3.27
Q2 20181$3.42$3.42$3.42
Q3 20181$4.15$4.15$4.15
Q4 20181$4.46$4.46$4.46
(Data provided by Zacks Investment Research)

Dividends

Dividend History by Quarter for Coherent (NASDAQ COHR)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
12/10/2012special$1.0012/17/201212/19/201212/27/2012
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Coherent (NASDAQ:COHR)
Insider Ownership Percentage: 1.40%
Institutional Ownership Percentage: 90.21%
Insider Trades by Quarter for Coherent (NASDAQ:COHR)
Institutional Ownership by Quarter for Coherent (NASDAQ:COHR)
Insider Trades by Quarter for Coherent (NASDAQ:COHR)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
9/12/2017John AmbroseoCEOSell25,000$250.00$6,250,000.00View SEC Filing  
8/14/2017Stephen A SkaggsDirectorSell500$217.58$108,790.00View SEC Filing  
5/24/2017Mark Stewart SobeyEVPSell4,904$243.02$1,191,770.08View SEC Filing  
5/22/2017John AmbroseoCEOSell24,970$248.08$6,194,557.60View SEC Filing  
5/16/2017Garry W RogersonDirectorSell4,500$257.03$1,156,635.00View SEC Filing  
5/15/2017Stephen A SkaggsDirectorSell500$249.48$124,740.00View SEC Filing  
5/5/2017Bret DimarcoVPSell2,903$225.00$653,175.00View SEC Filing  
11/14/2016Luis SpinelliVPSell4,328$126.02$545,414.56View SEC Filing  
11/9/2016Bret DimarcoVPSell4,951$120.00$594,120.00View SEC Filing  
11/9/2016Mark Stewart SobeyEVPSell4,593$119.00$546,567.00View SEC Filing  
10/3/2016Bret DimarcoVPSell953$109.75$104,591.75View SEC Filing  
9/21/2016John AmbroseoCEOSell25,979$110.00$2,857,690.00View SEC Filing  
8/15/2016Stephen A SkaggsDirectorSell500$108.60$54,300.00View SEC Filing  
8/4/2016L William KrauseDirectorSell22,785$106.10$2,417,488.50View SEC Filing  
8/1/2016Bret DimarcoVPSell1,039$106.70$110,861.30View SEC Filing  
8/1/2016Susan M JamesDirectorSell5,000$106.75$533,750.00View SEC Filing  
5/24/2016L William KrauseDirectorSell7,700$88.55$681,835.00View SEC Filing  
5/18/2016Luis SpinelliVPSell3,027$84.90$256,992.30View SEC Filing  
5/16/2016L William KrauseDirectorSell2,000$86.39$172,780.00View SEC Filing  
5/10/2016L William KrauseDirectorSell1,800$88.15$158,670.00View SEC Filing  
5/4/2016L William KrauseDirectorSell10,000$89.68$896,800.00View SEC Filing  
3/18/2016Paul F SechristEVPSell19,000$90.00$1,710,000.00View SEC Filing  
2/17/2016Paul F SechristEVPSell15,000$80.00$1,200,000.00View SEC Filing  
2/8/2016Luis SpinelliVPSell2,451$77.46$189,854.46View SEC Filing  
11/10/2015Luis SpinelliVPSell5,500$63.40$348,700.00View SEC Filing  
2/17/2015Susan M JamesDirectorSell3,500$64.78$226,730.00View SEC Filing  
2/4/2015Luis SpinelliVPSell5,500$65.05$357,775.00View SEC Filing  
12/10/2014Bret DimarcoVPSell4,400$60.00$264,000.00View SEC Filing  
5/5/2014Bret DimarcoVPSell1,808$60.00$108,480.00View SEC Filing  
2/28/2014Helene SimonetCFOSell7,206$68.72$495,196.32View SEC Filing  
2/28/2014Luis SpinelliVPSell3,000$68.43$205,290.00View SEC Filing  
11/11/2013Mark Stewart SobeyEVPSell2,969$65.21$193,608.49View SEC Filing  
11/7/2013Lawrence TomlinsonDirectorSell2,500$65.88$164,700.00View SEC Filing  
10/31/2013John AmbroseoCEOSell60,491$66.26$4,008,133.66View SEC Filing  
10/22/2013John AmbroseoCEOSell2,139$66.02$141,216.78View SEC Filing  
10/21/2013John AmbroseoCEOSell12,370$66.07$817,285.90View SEC Filing  
10/11/2013Helene SimonetCFOSell4,296$63.61$273,268.56View SEC Filing  
10/11/2013John AmbroseoCEOSell25,200$64.04$1,613,808.00View SEC Filing  
9/23/2013Helene SimonetCFOSell10,041$60.25$604,970.25View SEC Filing  
9/11/2013Helene SimonetCFOSell8,878$59.50$528,241.00View SEC Filing  
7/9/2013Bret DimarcoVPSell7,000$60.00$420,000.00View SEC Filing  
7/9/2013Paul F SechristEVPSell10,000$60.00$600,000.00View SEC Filing  
5/28/2013Bret DimarcoVPSell2,855$59.00$168,445.00View SEC Filing  
2/14/2013Helene SimonetCFOSell12,957$59.05$765,110.85View SEC Filing  
12/3/2012Garry W RogersonDirectorSell6,000$46.06$276,360.00View SEC Filing  
11/27/2012John AmbroseoCEOSell7,598$44.53$338,338.94View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for Coherent (NASDAQ:COHR)
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Coherent (COHR) Chart for Monday, October, 23, 2017

This page was last updated on 10/23/2017 by MarketBeat.com Staff

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