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Coherent Stock Price, News & Analysis (NASDAQ:COHR)

$158.74
+1.36 (+0.86 %)
(As of 10/18/2019 04:00 PM ET)
Today's Range
$157.31
Now: $158.74
$161.38
50-Day Range
$139.06
MA: $154.32
$169.92
52-Week Range
$90.10
Now: $158.74
$173.92
Volume219,507 shs
Average Volume347,561 shs
Market Capitalization$3.81 billion
P/E Ratio12.17
Dividend YieldN/A
Beta1.78
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$19.10 per share
Book Value$54.10 per share

Profitability

Net Income$247.35 million

Miscellaneous

Employees5,418
Market Cap$3.81 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 approved a share repurchase plan on Thursday, February 8th 2018, which permits the company to buyback $100,000,000.00 in shares, according to EventVestor. This buyback authorization permits the company to purchase shares of its stock through open market purchases. Shares buyback plans are typically a sign that the company's management believes its shares are undervalued.

How were Coherent's earnings last quarter?

Coherent, Inc. (NASDAQ:COHR) released its earnings results on Tuesday, July, 30th. The scientific and technical instruments company reported $1.33 earnings per share (EPS) for the quarter, beating the Thomson Reuters' 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 company's quarterly revenue was down 29.7% on a year-over-year basis. During the same quarter in the prior year, the business posted $3.51 EPS. 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?

9 Wall Street analysts have issued 12 month price targets for Coherent's shares. Their forecasts range from $125.00 to $175.00. On average, they expect Coherent's share price to reach $150.00 in the next year. This suggests that the stock has a possible downside of 5.5%. 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 5 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Coherent.

Has Coherent been receiving favorable news coverage?

Media stories about COHR stock have been trending somewhat negative recently, InfoTrie Sentiment reports. InfoTrie ranks the sentiment of media coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Coherent earned a news impact score of -1.5 on InfoTrie's scale. They also gave news coverage about the scientific and technical instruments company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the stock's share price in the next several days. View News Stories for Coherent.

Are investors shorting Coherent?

Coherent saw a decline in short interest in September. As of September 15th, there was short interest totalling 1,680,000 shares, a decline of 6.1% from the August 15th total of 1,790,000 shares. Based on an average daily volume of 340,500 shares, the short-interest ratio is presently 4.9 days. Currently, 7.1% 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), Adobe (ADBE), Micron Technology (MU), Broadcom (AVGO), 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 many different of retail and institutional investors. Top institutional shareholders include Robecosam AG (0.54%), Envestnet Asset Management Inc. (0.04%), Pacer Advisors Inc. (0.04%), North Star Investment Management Corp. (0.03%), Supplemental Annuity Collective Trust of NJ (0.02%) and State of Alaska Department of Revenue (0.02%). Company insiders that own Coherent stock include Bret Dimarco, Jay T Flatley, 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 Supplemental Annuity Collective Trust of NJ. 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 Pacer Advisors Inc., Robecosam AG, Oakbrook Investments LLC, State of Alaska Department of Revenue, Envestnet Asset Management Inc., North Star Investment Management Corp., Whittier Trust Co. of Nevada Inc. and Zurcher Kantonalbank Zurich Cantonalbank . 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 $158.74.

How big of a company is Coherent?

Coherent has a market capitalization of $3.81 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.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:  445 (Vote Outperform)
Underperform Votes:  398 (Vote Underperform)
Total Votes:  843
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 10/18/2019 by MarketBeat.com Staff

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