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NASDAQ:COHR - Coherent Stock Price, Forecast & News

$153.56
-11.50 (-6.97 %)
(As of 01/28/2020 06:00 AM ET)
Today's Range
$153.19
Now: $153.56
$161.28
50-Day Range
$144.00
MA: $165.41
$176.50
52-Week Range
$107.18
Now: $153.56
$178.08
Volume245,251 shs
Average Volume200,822 shs
Market Capitalization$3.71 billion
P/E Ratio69.80
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$1.43 billion
Cash Flow$9.31 per share
Book Value$53.57 per share

Profitability

Net Income$53.83 million

Miscellaneous

Employees5,184
Market Cap$3.71 billion
Next Earnings Date2/5/2020 (Confirmed)
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 authorized a share buyback program on Thursday, February 8th 2018, which allows the company to repurchase $100,000,000.00 in shares, according to EventVestor. This repurchase authorization allows the company to buy shares of its stock through open market purchases. Shares repurchase programs are often a sign that the company's board of directors believes its shares are undervalued.

How were Coherent's earnings last quarter?

Coherent, Inc. (NASDAQ:COHR) released its quarterly earnings data on Tuesday, November, 5th. The scientific and technical instruments company reported $0.89 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $0.96 by $0.07. The scientific and technical instruments company earned $335.50 million during the quarter, compared to the consensus estimate of $329.12 million. Coherent had a return on equity of 8.95% and a net margin of 3.76%. The firm's quarterly revenue was down 27.3% compared to the same quarter last year. During the same quarter in the previous year, the business earned $3.22 EPS. View Coherent's Earnings History.

When is Coherent's next earnings date?

Coherent is scheduled to release their next quarterly earnings announcement on Wednesday, February 5th 2020. View Earnings Estimates for Coherent.

How can I listen to Coherent's earnings call?

Coherent will be holding an earnings conference call on Wednesday, February 5th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

What price target have analysts set for COHR?

7 brokers have issued twelve-month price targets for Coherent's stock. Their forecasts range from $170.00 to $205.00. On average, they anticipate Coherent's stock price to reach $186.20 in the next year. This suggests a possible upside of 21.3% from the stock's current price. View Analyst Price Targets for Coherent.

What is the consensus analysts' recommendation for Coherent?

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Coherent in the last year. There are currently 3 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Coherent.

Has Coherent been receiving favorable news coverage?

Media coverage about COHR stock has been trending somewhat negative recently, InfoTrie Sentiment Analysis reports. InfoTrie identifies positive and negative media coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Coherent earned a news sentiment score of -1.4 on InfoTrie's scale. They also gave press coverage about the scientific and technical instruments company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the stock's share price in the near future. View News Stories for Coherent.

Are investors shorting Coherent?

Coherent saw a increase in short interest in January. As of January 15th, there was short interest totalling 1,390,000 shares, an increase of 5.3% from the December 31st total of 1,320,000 shares. Based on an average daily volume of 242,800 shares, the short-interest ratio is presently 5.7 days. Currently, 5.8% 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), Adobe (ADBE), Applied Materials (AMAT), Broadcom (AVGO), Universal Display (OLED), Intuitive Surgical (ISRG), Paypal (PYPL) and Micron Technology (MU).

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 many different of retail and institutional investors. Top institutional shareholders include Boston Trust Walden Corp (0.76%), California Public Employees Retirement System (0.29%), KAMES CAPITAL plc (0.12%), Arizona State Retirement System (0.06%), Calamos Advisors LLC (0.05%) and AE Wealth Management LLC (0.04%). 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 KAMES CAPITAL plc, Westwood Management Corp IL, Arizona State Retirement System, Dupont Capital Management Corp, Zurcher Kantonalbank Zurich Cantonalbank , State of Alaska Department of Revenue and AE Wealth Management LLC. Company insiders that have sold Coherent company stock in the last year include Mark Stewart Sobey and Stephen A Skaggs. 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 California Public Employees Retirement System, Calamos Advisors LLC, Boston Trust Walden Corp, Cerebellum GP LLC, Sciencast Management LP, First National Bank of Omaha, Strs Ohio and Contravisory Investment Management Inc.. 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, Robinhood, Fidelity and Charles Schwab.

What is Coherent's stock price today?

One share of COHR stock can currently be purchased for approximately $153.56.

How big of a company is Coherent?

Coherent has a market capitalization of $3.71 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:  2.6 out of 5 (star star)
Outperform Votes:  468 (Vote Outperform)
Underperform Votes:  417 (Vote Underperform)
Total Votes:  885
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 1/28/2020 by MarketBeat.com Staff

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