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NASDAQ:COHR - Coherent Stock Price, Forecast & News

$142.54
-7.79 (-5.18 %)
(As of 02/23/2020 04:00 PM ET)
Today's Range
$142.02
Now: $142.54
$149.30
50-Day Range
$141.43
MA: $159.83
$176.50
52-Week Range
$109.06
Now: $142.54
$178.08
Volume323,724 shs
Average Volume279,349 shs
Market Capitalization$3.44 billion
P/E Ratio143.98
Dividend YieldN/A
Beta1.88
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$9.48 per share
Book Value$54.07 per share

Profitability

Net Income$53.83 million

Miscellaneous

Employees5,184
Market Cap$3.44 billion
Next Earnings Date5/5/2020 (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 were Coherent's earnings last quarter?

Coherent, Inc. (NASDAQ:COHR) posted its quarterly earnings results on Wednesday, February, 5th. The scientific and technical instruments company reported $0.86 earnings per share for the quarter, topping the Zacks' consensus estimate of $0.77 by $0.09. The scientific and technical instruments company earned $320.80 million during the quarter, compared to the consensus estimate of $315.53 million. Coherent had a net margin of 1.76% and a return on equity of 6.46%. Coherent's revenue for the quarter was down 16.3% compared to the same quarter last year. During the same period in the previous year, the firm posted $2.09 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, May 5th 2020. View Earnings Estimates for Coherent.

What price target have analysts set for COHR?

5 Wall Street analysts have issued 1-year price objectives for Coherent's shares. Their forecasts range from $160.00 to $205.00. On average, they expect Coherent's stock price to reach $184.67 in the next year. This suggests a possible upside of 29.6% from the stock's current price. View Analyst Price Targets for Coherent.

What is the consensus analysts' recommendation for Coherent?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Coherent in the last year. There are currently 1 hold rating 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?

News articles about COHR stock have been trending somewhat negative this week, according to InfoTrie. The research firm identifies positive and negative press coverage by reviewing more than six thousand blog and news sources in real time. 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 news sentiment score of -1.8 on InfoTrie's scale. They also gave media headlines about the scientific and technical instruments company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the stock's share price in the next several days. View News Stories for Coherent.

Are investors shorting Coherent?

Coherent saw a increase in short interest during the month of January. As of January 31st, there was short interest totalling 1,500,000 shares, an increase of 7.9% from the January 15th total of 1,390,000 shares. Based on an average daily trading volume, of 244,500 shares, the short-interest ratio is currently 6.1 days. Currently, 6.3% of the shares of the company 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), Applied Materials (AMAT), Broadcom (AVGO), Universal Display (OLED), Adobe (ADBE), Micron Technology (MU), Paypal (PYPL) and Netflix (NFLX).

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 number of of institutional and retail investors. Top institutional shareholders include Victory Capital Management Inc. (5.04%), Victory Capital Management Inc. (4.99%), Eagle Asset Management Inc. (3.97%), Franklin Resources Inc. (2.39%), State Street Corp (2.35%) and Pictet Asset Management Ltd. (2.14%). 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 DekaBank Deutsche Girozentrale, First Trust Advisors LP, Franklin Resources Inc., KAMES CAPITAL plc, NWQ Investment Management Company LLC, Goldman Sachs Group Inc., FMR LLC and Royce & Associates LP. 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 purchased by a variety of institutional investors in the last quarter, including Point72 Asset Management L.P., Pictet Asset Management Ltd., FIL Ltd, UBS Group AG, Russell Investments Group Ltd., Banco Bilbao Vizcaya Argentaria S.A., Earnest Partners 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, Robinhood, Fidelity and Charles Schwab.

What is Coherent's stock price today?

One share of COHR stock can currently be purchased for approximately $142.54.

How big of a company is Coherent?

Coherent has a market capitalization of $3.44 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:  2.7 out of 5 (star star)
Outperform Votes:  478 (Vote Outperform)
Underperform Votes:  423 (Vote Underperform)
Total Votes:  901
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 2/23/2020 by MarketBeat.com Staff

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