NASDAQ:COHR - Coherent Stock Price, News, & Analysis

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$114.48 +0.76 (+0.67 %)
(As of 01/15/2019 04:00 PM ET)
Previous Close$113.72
Today's Range$112.17 - $115.28
52-Week Range$90.10 - $329.00
Volume304,929 shs
Average Volume390,371 shs
Market Capitalization$2.81 billion
P/E Ratio8.78
Dividend YieldN/A
Beta1.57
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

Current Ratio3.32
Quick Ratio2.02

Price-To-Earnings

Sales & Book Value

Annual Sales$1.90 billion
Price / Sales1.47
Cash Flow$18.2584 per share
Price / Cash Flow6.27
Book Value$54.10 per share
Price / Book2.12

Profitability

Net Income$247.35 million
Net Margins13.00%
Return on Assets14.37%

Miscellaneous

Employees5,418
Market Cap$2.81 billion
OptionableOptionable

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 of Directors has initiated a stock buyback program on Thursday, February 8th 2018, which authorizes the company to buyback $100,000,000.00 in shares, according to EventVestor. This buyback authorization authorizes the company to buy shares of its stock through open market purchases. Shares buyback programs are usually a sign that the company's leadership believes its shares are undervalued.

How were Coherent's earnings last quarter?

Coherent, Inc. (NASDAQ:COHR) announced its quarterly earnings results on Tuesday, November, 6th. The scientific and technical instruments company reported $3.22 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $2.96 by $0.26. The scientific and technical instruments company earned $461.50 million during the quarter, compared to analysts' expectations of $460.60 million. Coherent had a net margin of 13.00% and a return on equity of 25.89%. The firm's revenue for the quarter was down 5.9% compared to the same quarter last year. During the same period in the previous year, the firm earned $3.72 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 6th 2019. View Earnings Estimates for Coherent.

What guidance has Coherent issued on next quarter's earnings?

Coherent issued an update on its fourth quarter 2018 earnings guidance on Monday, October, 22nd. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $460-461 million, compared to the consensus revenue estimate of $471.87 million.

What price target have analysts set for COHR?

9 analysts have issued 1 year price objectives for Coherent's stock. Their predictions range from $136.00 to $217.00. On average, they anticipate Coherent's stock price to reach $189.2857 in the next twelve months. This suggests a possible upside of 65.3% from the stock's current price. View Analyst Price Targets for Coherent.

What is the consensus analysts' recommendation for Coherent?

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Coherent in the last year. There are currently 3 hold ratings and 6 buy ratings for the stock, resulting in a consensus recommendation of "Buy." 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). " (1/8/2019)
  • 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?

Headlines about COHR stock have trended somewhat positive this week, according to InfoTrie. The research firm ranks the sentiment of news coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Coherent earned a media sentiment score of 1.9 on InfoTrie's scale. They also assigned media stories about the scientific and technical instruments company a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an effect on the stock's share price in the near future.

Who are some of Coherent's key competitors?

Who are Coherent's key executives?

Coherent's management team includes the folowing people:
  • Dr. John R. Ambroseo, Pres, CEO & Director (Age 57)
  • Mr. Kevin S. Palatnik, Exec. VP & CFO (Age 60)
  • Mr. Bret M. DiMarco, Exec. VP, Gen. Counsel & Corp. Sec. (Age 50)
  • Mr. Paul F. Sechrist, Exec. VP of Worldwide Sales, Services & Marketing (Age 59)
  • Dr. Mark S. Sobey, Exec. VP & GM of OEM Laser Sources (Age 58)

Who are Coherent's major shareholders?

Coherent's stock is owned by a number of of retail and institutional investors. Top institutional investors include KAMES CAPITAL plc (0.90%), Retirement Systems of Alabama (0.13%), SG Capital Management LLC (0.04%) and Louisiana State Employees Retirement System (0.03%). Company insiders that own Coherent stock include Bret Dimarco, Garry W Rogerson, 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 major investors are selling Coherent stock?

COHR stock was sold by a variety of institutional investors in the last quarter, including KAMES CAPITAL plc and Louisiana State Employees Retirement System. Company insiders that have sold Coherent company stock in the last year include Mark Stewart Sobey, Pamela Fletcher and Stephen A Skaggs. View Insider Buying and Selling for Coherent.

Which major investors are buying Coherent stock?

COHR stock was acquired by a variety of institutional investors in the last quarter, including SG Capital Management LLC and Retirement Systems of Alabama. 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 $114.48.

How big of a company is Coherent?

Coherent has a market capitalization of $2.81 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.

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:  401 (Vote Outperform)
Underperform Votes:  338 (Vote Underperform)
Total Votes:  739
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 1/15/2019 by MarketBeat.com Staff

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