Coherent (COHR) Competitors

$54.35
-0.28 (-0.51%)
(As of 05/1/2024 ET)

COHR vs. PSN, CFLT, WEX, FCN, CART, STN, NOV, RHI, ULS, and FUTU

Should you be buying Coherent stock or one of its competitors? The main competitors of Coherent include Parsons (PSN), Confluent (CFLT), WEX (WEX), FTI Consulting (FCN), Maplebear (CART), Stantec (STN), NOV (NOV), Robert Half (RHI), UL Solutions (ULS), and Futu (FUTU). These companies are all part of the "business services" sector.

Coherent vs.

Parsons (NYSE:PSN) and Coherent (NYSE:COHR) are both mid-cap business services companies, but which is the better business? We will compare the two businesses based on the strength of their community ranking, media sentiment, earnings, dividends, valuation, institutional ownership, profitability, risk and analyst recommendations.

Parsons has a net margin of 2.96% compared to Parsons' net margin of -5.84%. Coherent's return on equity of 10.32% beat Parsons' return on equity.

Company Net Margins Return on Equity Return on Assets
Parsons2.96% 10.32% 5.04%
Coherent -5.84%4.96%1.77%

Coherent received 433 more outperform votes than Parsons when rated by MarketBeat users. Likewise, 62.57% of users gave Coherent an outperform vote while only 56.67% of users gave Parsons an outperform vote.

CompanyUnderperformOutperform
ParsonsOutperform Votes
102
56.67%
Underperform Votes
78
43.33%
CoherentOutperform Votes
535
62.57%
Underperform Votes
320
37.43%

In the previous week, Parsons had 33 more articles in the media than Coherent. MarketBeat recorded 37 mentions for Parsons and 4 mentions for Coherent. Parsons' average media sentiment score of 0.31 beat Coherent's score of 0.26 indicating that Coherent is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Parsons
6 Very Positive mention(s)
4 Positive mention(s)
19 Neutral mention(s)
5 Negative mention(s)
0 Very Negative mention(s)
Neutral
Coherent
1 Very Positive mention(s)
1 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral

98.0% of Parsons shares are held by institutional investors. Comparatively, 83.3% of Coherent shares are held by institutional investors. 56.0% of Parsons shares are held by insiders. Comparatively, 1.3% of Coherent shares are held by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company is poised for long-term growth.

Parsons has higher revenue and earnings than Coherent. Coherent is trading at a lower price-to-earnings ratio than Parsons, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Parsons$5.44B1.51$161.15M$1.4254.66
Coherent$5.16B1.60-$259.46M-$2.81-19.34

Parsons has a beta of 0.86, suggesting that its share price is 14% less volatile than the S&P 500. Comparatively, Coherent has a beta of 1.69, suggesting that its share price is 69% more volatile than the S&P 500.

Parsons presently has a consensus target price of $81.89, suggesting a potential upside of 5.50%. Coherent has a consensus target price of $58.27, suggesting a potential upside of 7.21%. Given Parsons' higher possible upside, analysts plainly believe Coherent is more favorable than Parsons.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Parsons
0 Sell rating(s)
1 Hold rating(s)
7 Buy rating(s)
1 Strong Buy rating(s)
3.00
Coherent
0 Sell rating(s)
4 Hold rating(s)
9 Buy rating(s)
0 Strong Buy rating(s)
2.69

Summary

Parsons beats Coherent on 12 of the 19 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding COHR and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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COHR vs. The Competition

MetricCoherentOptical instruments & lenses IndustryBusiness SectorNYSE Exchange
Market Cap$8.29B$15.66B$5.83B$17.29B
Dividend YieldN/A1.23%3.03%3.57%
P/E Ratio-19.3417.5427.5921.05
Price / Sales1.606.431,028.5810.38
Price / Cash6.62112.0925.9317.55
Price / Book1.6719.964.454.86
Net Income-$259.46M$426.27M$121.98M$964.63M
7 Day Performance2.78%1.32%0.21%-0.11%
1 Month Performance-7.72%1.33%-3.95%-3.34%
1 Year Performance64.45%59.54%7.67%96.46%

Coherent Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
PSN
Parsons
2.9514 of 5 stars
$78.50
-1.1%
$79.00
+0.6%
+77.5%$8.31B$5.44B55.2818,500Analyst Upgrade
Gap Up
CFLT
Confluent
1.7922 of 5 stars
$28.12
-2.6%
$30.64
+9.0%
+30.5%$8.79B$776.95M-19.132,744Upcoming Earnings
Positive News
WEX
WEX
4.5112 of 5 stars
$211.26
-3.4%
$240.00
+13.6%
+20.3%$8.85B$2.55B34.355,500Upcoming Earnings
Gap Down
FCN
FTI Consulting
4.363 of 5 stars
$213.79
+0.1%
$255.00
+19.3%
+19.5%$7.63B$3.49B24.867,990Earnings Report
Insider Selling
Analyst Revision
CART
Maplebear
1.9214 of 5 stars
$34.13
-1.0%
$38.79
+13.7%
N/A$9.08B$3.04B0.003,380Upcoming Earnings
Analyst Report
Insider Selling
News Coverage
STN
Stantec
3.8259 of 5 stars
$79.60
-2.1%
$105.00
+31.9%
+33.2%$9.08B$4.80B36.1828,000Upcoming Earnings
News Coverage
NOV
NOV
4.9486 of 5 stars
$18.48
-4.5%
$24.07
+30.3%
+9.9%$7.31B$8.58B7.4233,676Earnings Report
Analyst Report
Options Volume
Analyst Revision
RHI
Robert Half
4.212 of 5 stars
$69.14
-1.3%
$68.14
-1.4%
-5.3%$7.27B$6.39B20.7015,000Earnings Report
Dividend Announcement
ULS
UL Solutions
0 of 5 stars
$35.10
+0.5%
N/AN/A$7.02BN/A0.0015,233Positive News
FUTU
Futu
2.1792 of 5 stars
$64.31
-1.5%
$62.83
-2.3%
+47.3%$9.67B$10.01B16.452,784

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This page (NYSE:COHR) was last updated on 5/2/2024 by MarketBeat.com Staff

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