NYSE:COHR Coherent (COHR) Stock Price, News & Analysis $70.52 +3.07 (+4.55%) (As of 07/26/2024 ET) Add Compare Share Share Today's Range$68.59▼$71.2650-Day Range$57.06▼$80.4552-Week Range$28.47▼$80.93Volume1.97 million shsAverage Volume2.18 million shsMarket Capitalization$10.75 billionP/E RatioN/ADividend YieldN/APrice Target$59.08 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrendsStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrends Get Coherent alerts: Email Address Coherent MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.69 Rating ScoreUpside/Downside16.2% Downside$59.08 Price TargetShort InterestHealthy3.73% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.05Based on 3 Articles This WeekInsider TradingSelling Shares$3.66 M Sold Last QuarterProj. Earnings Growth142.86%From $0.98 to $2.38 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.1.13 out of 5 starsBusiness Services Sector257th out of 317 stocksOptical Instruments & Lenses Industry5th out of 5 stocks 1.3 Analyst's Opinion Consensus RatingCoherent has received a consensus rating of Moderate Buy. The company's average rating score is 2.69, and is based on 9 buy ratings, 4 hold ratings, and no sell ratings.Amount of Analyst CoverageCoherent has only been the subject of 4 research reports in the past 90 days.Read more about Coherent's stock forecast and price target. Previous Next 3.0 Short Interest Percentage of Shares Shorted3.73% of the float of Coherent has been sold short.Short Interest Ratio / Days to CoverCoherent has a short interest ratio ("days to cover") of 2.7, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Coherent has recently increased by 4.31%, indicating that investor sentiment is decreasing. Previous Next 0.0 Dividend Strength Dividend YieldCoherent does not currently pay a dividend.Dividend GrowthCoherent does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for COHR. Previous Next 1.7 News and Social Media Coverage News SentimentCoherent has a news sentiment score of 0.05. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.57 average news sentiment score of Business Services companies.News Coverage This WeekMarketBeat has tracked 3 news articles for Coherent this week, compared to 5 articles on an average week.Search InterestOnly 37 people have searched for COHR on MarketBeat in the last 30 days. This is a decrease of -26% compared to the previous 30 days.MarketBeat Follows6 people have added Coherent to their MarketBeat watchlist in the last 30 days. This is an increase of 500% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Coherent insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $3,661,040.00 in company stock.Percentage Held by InsidersOnly 1.30% of the stock of Coherent is held by insiders.Percentage Held by Institutions83.33% of the stock of Coherent is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Coherent's insider trading history. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Coherent are expected to grow by 142.86% in the coming year, from $0.98 to $2.38 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Coherent is -24.66, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Coherent is -24.66, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Growth RatioCoherent has a PEG Ratio of 2.54. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioCoherent has a P/B Ratio of 2.16. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.Read more about Coherent's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad American Hartford Gold GroupDave Ramsey Makes Big Mistake Live On AirDave Ramsey Is Dangerously Wrong And Here’s Why>> Asked whether we’re on the cusp of a US Dollar crash, Dave Ramsey made a stunning miscalculation while live on air: “Am I worried about this? Absolutely not.” Frankly, I've never seen someone so confident in being wrong… Because what’s happening to the US Dollar is not something you should “keep an eye on”… But instead, is an imminent threat you should get ahead of right NOW.GET THE FREE GUIDE About Coherent Stock (NYSE:COHR)Coherent Corp. develops, manufactures, and markets engineered materials, optoelectronic components, and devices worldwide. It operates through two segments: Compound Semiconductors and Photonic Solutions. The Compound Semiconductors segment provides optical and electro-optical components and materials used in CO2 lasers, fiber-lasers, and direct diode lasers for materials processing applications; infrared optical components and high-precision optical assemblies for aerospace and defense, medical, and commercial laser imaging applications; semiconductor lasers and detectors for optical interconnects and sensing applications; engineered materials for thermoelectric, ceramics, and silicon carbide various applications; and compound semiconductor epitaxial wafers for applications in optical and wireless communication. The Photonic Solutions segment manufactures transceivers for data centers and telecom optical networks; pump lasers, optical amplifiers, wavelength selective switches, and advanced components for telecom networks; and crystal materials, optics, lasers, and optoelectronic modules in a range of applications, including optical communications, life sciences, and consumer electronics markets. It serves original equipment manufacturers, laser end users, system integrators of high-power lasers, U.S. government prime contractors, and various U.S. government agencies, as well as manufacturers of equipment and devices for industrial, optical communications, electronics, and instrumentation applications. The company was formerly known as II-VI Incorporated and changed its name to Coherent Corp. in September 2022. Coherent Corp. was incorporated in 1971 and is headquartered in Saxonburg, Pennsylvania.Read More COHR Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart COHR Stock News HeadlinesJuly 25 at 4:33 PM | globenewswire.comCoherent Corp. Reaches Milestone in Thirty Meter Telescope (TMT) ProjectJuly 24 at 9:51 AM | uk.finance.yahoo.comWrist Dive Computer Market reach $330.80 million by 2031, growing at a CAGR of 5.2%, says Coherent Market InsightsJuly 26, 2024 | Traders Agency (Ad)top AI stock (it’s not MSFT, GOOGL, AMZN or AAPL)AI was by far the biggest tech investing trend right now. But Ross Givens says the #1 artificial intelligence stock[/lin] is NOT Microsoft, Google, Amazon or Apple. Nope — his research is pointing to a tiny, under-the-radar stock that’s trading for just a few dollars right now… And could soon shoot to the moon, handing early investors a windfall.July 23 at 11:46 PM | finanznachrichten.deGlobal Cardiovascular Health Supplements Market worth $16.06 billion by 2030, Exclusive Report by Coherent Market InsightsJuly 19, 2024 | finance.yahoo.comQ4 Rundown: Coherent (NYSE:COHR) Vs Other Electronic Components StocksJuly 19, 2024 | markets.businessinsider.comThe Analyst Landscape: 5 Takes On CoherentJuly 19, 2024 | benzinga.comCoherent's Options: A Look at What the Big Money is ThinkingJune 25, 2024 | fool.comForget Nvidia: Prominent Billionaires Are Selling It in Favor of These 7 Top-Notch StocksJuly 26, 2024 | Traders Agency (Ad)top AI stock (it’s not MSFT, GOOGL, AMZN or AAPL)AI was by far the biggest tech investing trend right now. But Ross Givens says the #1 artificial intelligence stock[/lin] is NOT Microsoft, Google, Amazon or Apple. Nope — his research is pointing to a tiny, under-the-radar stock that’s trading for just a few dollars right now… And could soon shoot to the moon, handing early investors a windfall.June 12, 2024 | globenewswire.comCoherent Reaches a Manufacturing Milestone: 300 Million Transceivers Shipped From Ipoh, Malaysia, FacilityJune 7, 2024 | fool.comWhy EV Chip Stocks Axcelis Technologies, Coherent, and Aehr Test Systems Rallied This WeekJune 6, 2024 | gurufocus.comInsider Sale: Director Michael Dreyer Sells 14,239 Shares of Coherent Corp (COHR)June 5, 2024 | seekingalpha.comCoherent Stock: New CEO Likely To Supercharge AI ProspectsJune 5, 2024 | seekingalpha.comCoherent Stock: New CEO Likely To Supercharge AI ProspectsJune 3, 2024 | investopedia.comLattice Semiconductor Plunges as CEO Departs For Coherent, Whose Stock SoarsJune 3, 2024 | fool.comWhy Coherent Stock Exploded 20% Higher on MondayJune 3, 2024 | globenewswire.comCoherent Appoints Jim Anderson as Chief Executive OfficerMay 30, 2024 | globenewswire.comCoherent Introduces High-Power Laser SensorSee More Headlines Receive COHR Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Coherent and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings5/06/2024Today7/26/2024Next Earnings (Estimated)8/20/2024Fiscal Year End6/30/2025Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorBusiness Services Industry Optical instruments & lenses Sub-IndustryElectronic Equipment & Instruments Current SymbolNYSE:COHR CUSIP19247910 CIK21510 Webwww.coherent.com Phone(724) 352-4455Fax408-764-4800Employees26,622Year Founded1966Price Target and Rating Average Stock Price Target$59.08 High Stock Price Target$90.00 Low Stock Price Target$35.00 Potential Upside/Downside-16.2%Consensus RatingModerate Buy Rating Score (0-4)2.69 Research Coverage13 Analysts Profitability EPS (Most Recent Fiscal Year)($2.86) Trailing P/E RatioN/A Forward P/E Ratio71.96 P/E Growth2.54Net Income$-259,460,000.00 Net Margins-6.22% Pretax Margin-8.50% Return on Equity4.80% Return on Assets1.78% Debt Debt-to-Equity Ratio0.72 Current Ratio2.71 Quick Ratio1.72 Sales & Book Value Annual Sales$5.16 billion Price / Sales2.08 Cash Flow$8.30 per share Price / Cash Flow8.50 Book Value$32.59 per share Price / Book2.16Miscellaneous Outstanding Shares152,460,000Free Float150,479,000Market Cap$10.75 billion OptionableOptionable Beta1.65 Social Links 10 Best Cheap Stocks to Buy NowMarketBeat just released its list of 10 cheap stocks that have been overlooked by the market and may be seriously undervalued. Click the link below to see which companies made the list.Get This Free Report Key ExecutivesDr. Vincent D. Mattera Jr. (Age 67)Ph.D., Board Chair & CEO Comp: $2.3MMr. Walter Robert Bashaw II (Age 59)President Comp: $657.02kDr. Giovanni Barbarossa Ph.D. (Age 64)President of Materials Segment & Chief Strategy Officer Comp: $722.28kDr. Carl J. Johnson (Age 82)Co-Founder Comp: $119kMr. Richard J. Martucci (Age 56)Interim CFO & Treasurer Ms. Ilaria Mocciaro (Age 53)Senior VP, Chief Accounting Officer, Corporate Controller & Principal Accounting Officer Dr. Julie Sheridan Eng (Age 57)Chief Technology Officer Mr. Anantha GangaChief Information OfficerMr. Paul Jonas Silverstein J.D.Vice President of Investor RelationsMr. Ronald Basso J.D. (Age 64)Chief Legal, Compliance Officer & Company Secretary More ExecutivesKey CompetitorsCognexNASDAQ:CGNXBadger MeterNYSE:BMIItronNASDAQ:ITRIOSI SystemsNASDAQ:OSISDaktronicsNASDAQ:DAKTView All CompetitorsInsiders & InstitutionsSkylands Capital LLCSold 18,200 shares on 7/26/2024Ownership: 0.105%Legato Capital Management LLCBought 1,685 shares on 7/26/2024Ownership: 0.023%State of Michigan Retirement SystemSold 500 shares on 7/26/2024Ownership: 0.021%Cambridge Investment Research Advisors Inc.Bought 2,176 shares on 7/26/2024Ownership: 0.010%RiverPark Advisors LLCBought 3,818 shares on 7/26/2024Ownership: 0.003%View All Insider TransactionsView All Institutional Transactions COHR Stock Analysis - Frequently Asked Questions How have COHR shares performed this year? Coherent's stock was trading at $43.53 at the beginning of 2024. Since then, COHR shares have increased by 62.0% and is now trading at $70.52. View the best growth stocks for 2024 here. How were Coherent's earnings last quarter? Coherent Corp. (NYSE:COHR) issued its quarterly earnings data on Monday, May, 6th. The scientific and technical instruments company reported $0.40 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.27 by $0.13. The scientific and technical instruments company had revenue of $1.21 billion for the quarter, compared to analyst estimates of $1.17 billion. Coherent had a positive trailing twelve-month return on equity of 4.80% and a negative net margin of 6.22%. Does Coherent have any subsidiaries? Coherent subsidiaries include these companies: Rofin - Sinar, Raydiance, Tinsley Laboratories, LUMERA LASER, Innolight Innovative Laser and Systemtechnik, MiDaz Lasers, Hypertronics, and more. Who are Coherent's major shareholders? Top institutional shareholders of Coherent include Artemis Investment Management LLP (0.88%), Bank of New York Mellon Corp (0.77%), North Growth Management Ltd. (0.22%) and Raymond James & Associates (0.11%). Insiders that own company stock include Vincent D Mattera Jr, Vincent D Mattera Jr, Francis J Kramer, Mary Jane Raymond, Walter Robert Bashaw II, Joseph J Corasanti, Christopher Koeppen, Howard H Xia, Ronald Basso, Julie Sheridan Eng, Richard J Martucci and David L Motley. View institutional ownership trends. How do I buy shares of Coherent? Shares of COHR stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. This page (NYSE:COHR) was last updated on 7/26/2024 by MarketBeat.com Staff From Our Partners625,000% GainImagine swapping your daily coffee expense for a future free of financial worries. It might seem far-fetche...Crypto Swap Profits | Sponsored“Generational Bull Run” IncomingLIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 sp...Unstoppable Prosperity | SponsoredThis student turned $1,300 into $45,000 in just 4 Months!With the help of S.A.M. (my new AI-powered scanner) it's now easier than ever to find these unique trades... ...Monument Traders Alliance | SponsoredCollapse of the PetrodollarThe death of the "petrodollar" seems imminent. And the implications could not be worse for Americans. Ru...Colonial Metals | SponsoredRare signal predicts 50% market drop - before electionThe market is near all-time highs, we're told that unemployment is low, AI's a gift to humanity, and the FED w...Behind the Markets | SponsoredBrace Yourself: Experts calling for Bitcoin to hit $100kFor the past few months, Bitcoin has been trading flat… It's been stuck around the $60,000 to $72,000 range...Crypto 101 Media | Sponsored5 Stocks that could triple in a week Robinhood traders have piled $78 billion into this market... Driving tiny tech stock gains of 3,000%, 8,942...Traders Agency | SponsoredBreaking News: Elon Musk Invents New Type of A.I. (Shocking)Could Elon's New Device be Bigger than the iPhone? According to 30-year Silicon Valley and Wall Street vete...InvestorPlace | Sponsored Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Coherent Corp. Please log in to your account or sign up in order to add this asset to your watchlist. Share Coherent With A Colleague Link copied to clipboard. Get 30 Days of MarketBeat All Access for Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools. Start Your 30-Day Trial MarketBeat All Access Features Best-in-Class Portfolio Monitoring Get personalized stock ideas. Compare portfolio to indices. Check stock news, ratings, SEC filings, and more. Stock Ideas and Recommendations See daily stock ideas from top analysts. Receive short-term trading ideas from MarketBeat. Identify trending stocks on social media. Advanced Stock Screeners and Research Tools Use our seven stock screeners to find suitable stocks. Stay informed with MarketBeat's real-time news. Export data to Excel for personal analysis. Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Email Address Required Your Password: Password Required Log In or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Please enter your email address. Please enter a valid email address Choose a Password: Please enter your password. Your password must be at least 8 characters long and contain at least 1 number, 1 letter, and 1 special character. Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.