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Coherent Corp (NYSE: COHR) closed the day trading at $92.05 up 2.43% from the previous closing price of $89.87. In other words, the price has increased by $2.43 from its previous closing price. On the day, 3.66 million shares were traded. COHR stock price reached its highest trading level at $92.52 during the session, while it also had its lowest trading level at $86.29.
Ratios:
For a better understanding of COHR, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 13.29 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 115.46. For the most recent quarter (mrq), Quick Ratio is recorded 1.65 and its Current Ratio is at 2.67. In the meantime, Its Debt-to-Equity ratio is 0.53 whereas as Long-Term Debt/Eq ratio is at 0.52.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Jefferies on December 04, 2024, initiated with a Buy rating and assigned the stock a target price of $135.
Rosenblatt Downgraded its Buy to Neutral on October 22, 2024, while the target price for the stock was maintained at $105.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Dec 16 ’24 when Koeppen Christopher sold 2,916 shares for $108.84 per share. The transaction valued at 317,377 led to the insider holds 55,338 shares of the business.
Koeppen Christopher sold 2,248 shares of COHR for $236,051 on Nov 22 ’24. The Chief Innovation Officer now owns 58,254 shares after completing the transaction at $105.00 per share. On Dec 16 ’24, another insider, CHRISTOPHER KOEPPEN, who serves as the Officer of the company, bought 2,916 shares for $108.84 each.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, COHR now has a Market Capitalization of 14236821504 and an Enterprise Value of 20169793536. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.85 while its Price-to-Book (P/B) ratio in mrq is 2.59. Its current Enterprise Value per Revenue stands at 4.032 whereas that against EBITDA is 25.207.
Stock Price History:
The Beta on a monthly basis for COHR is 1.67, which has changed by 0.9900354 over the last 52 weeks, in comparison to a change of 0.22263205 over the same period for the S&P500. Over the past 52 weeks, COHR has reached a high of $113.60, while it has fallen to a 52-week low of $40.87. The 50-Day Moving Average of the stock is -8.57%, while the 200-Day Moving Average is calculated to be 16.70%.
Shares Statistics:
Over the past 3-months, COHR traded about 2.50M shares per day on average, while over the past 10 days, COHR traded about 2612280 shares per day. A total of 154.52M shares are outstanding, with a floating share count of 152.52M. Insiders hold about 1.38% of the company’s shares, while institutions hold 93.41% stake in the company. Shares short for COHR as of 1734048000 were 5490853 with a Short Ratio of 2.11, compared to 1731628800 on 5714607. Therefore, it implies a Short% of Shares Outstanding of 5490853 and a Short% of Float of 4.35.
