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.
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Industry, Sector and Symbol
Industry Analytical instruments
Sub-IndustryElectronic Equipment & Instruments
SectorComputer and Technology
Phone408-764-4000
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$1.90 billion
Profitability
Miscellaneous
Employees5,418
Next Earnings Date11/5/2019 (Estimated)
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 has approved a share buyback 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 repurchase shares of its stock through open market purchases. Stock buyback plans are often a sign that the company's leadership believes its stock is 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 EPS for the quarter, beating the consensus estimate of $1.05 by $0.28. The scientific and technical instruments company earned $339.17 million during the quarter, compared to the consensus estimate of $348.61 million. Coherent had a net margin of 8.12% and a return on equity of 13.38%. Coherent's quarterly revenue was down 29.7% on a year-over-year basis. During the same quarter in the prior year, the company earned $3.51 EPS. View Coherent's Earnings History.
When is Coherent's next earnings date?
What price target have analysts set for COHR?
9 Wall Street analysts have issued 12 month target prices for Coherent's stock. Their forecasts range from $125.00 to $175.00. On average, they anticipate Coherent's stock price to reach $150.00 in the next year. This suggests that the stock has a possible downside of 0.5%. 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 trended positive recently, according to InfoTrie. The research group identifies positive and negative press 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 -5 to 5, with scores nearest to five being the most favorable. Coherent earned a media sentiment score of 2.1 on InfoTrie's scale. They also gave media coverage 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 effect on the stock's share price in the near future. View News Stories for Coherent.
Are investors shorting Coherent?
Coherent saw a decrease in short interest during the month of September. As of September 15th, there was short interest totalling 1,680,000 shares, a decrease of 6.1% from the August 15th total of 1,790,000 shares. Based on an average trading volume of 340,500 shares, the days-to-cover ratio is presently 4.9 days. Currently, 7.1% of the company's stock are short sold. View Coherent's Current Options Chain.
Who are some of Coherent's key competitors?
Some companies that are related to Coherent include Waters (WAT), Bio-Rad Laboratories (BIO), Bio-Rad Laboratories (BIO.B), PerkinElmer (PKI), Avantor (AVTR), Bruker (BRKR), Horiba (HRIBF), Accelerate Diagnostics (AXDX), Pacific Biosciences of California (PACB), Quanterix (QTRX), Fluidigm (FLDM), Eyepoint Pharmaceuticals (EYPT), Harvard Bioscience (HBIO), Arrayit (ARYC) and HTG Molecular Diagnostics (HTGM).
What other stocks do shareholders of Coherent own?
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 investors include Pacer Advisors Inc. (0.04%), North Star Investment Management Corp. (0.03%) 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 buying Coherent stock?
COHR stock was acquired by a variety of institutional investors in the last quarter, including Pacer Advisors Inc., State of Alaska Department of Revenue and North Star Investment Management Corp.. 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 $150.75.
How big of a company is Coherent?
Coherent has a market capitalization of $3.61 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?
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)
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.
