Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.
The closing price of Coherent Corp (NYSE: COHR) was $69.57 for the day, up 1.90% from the previous closing price of $68.27. In other words, the price has increased by $1.90 from its previous closing price. On the day, 5.9 million shares were traded.
Ratios:
Our analysis of COHR’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 11.60 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 47.02. For the most recent quarter (mrq), Quick Ratio is recorded 1.64 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 0.53.
On December 04, 2024, Jefferies started tracking the stock assigning a Buy rating and target price of $135.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. 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:
For the stock, the TTM Price-to-Sale (P/S) ratio is 2.03 while its Price-to-Book (P/B) ratio in mrq is 2.09.
Stock Price History:
Over the past 52 weeks, COHR has reached a high of $113.60, while it has fallen to a 52-week low of $48.78. The 50-Day Moving Average of the stock is -23.70%, while the 200-Day Moving Average is calculated to be -17.66%.
Shares Statistics:
A total of 154.94M shares are outstanding, with a floating share count of 152.82M. Insiders hold about 1.38% of the company’s shares, while institutions hold 93.14% stake in the company.
Earnings Estimates
The dynamic stock of Coherent Corp (COHR) is currently being evaluated by a team of 17.0 analysts, each contributing to its current rating.The consensus estimate for the next quarter is $0.91, with high estimates of $1.01 and low estimates of $0.85.
Analysts are recommending an EPS of between $3.78 and $3.11 for the fiscal current year, implying an average EPS of $3.45. EPS for the following year is $4.4, with 17.0 analysts recommending between $5.29 and $4.05.
Revenue Estimates
It is expected that $90B in revenue will be generated in the current quarter, according to 16 analysts. It ranges from a high estimate of $1.46B to a low estimate of $1.37B. As of the current estimate, Coherent Corp’s year-ago sales were $1.21BFor the next quarter, 16 analysts are estimating revenue of $1.47B. There is a high estimate of $1.5B for the next quarter, whereas the lowest estimate is $1.41B.
A total of 18 analysts have provided revenue estimates for COHR’s current fiscal year. The highest revenue estimate was $5.72B, while the lowest revenue estimate was $5.44B, resulting in an average revenue estimate of $5.68B. In the same quarter a year ago, actual revenue was $4.71BBased on 18 analysts’ estimates, the company’s revenue will be $6.26B in the next fiscal year. The high estimate is $6.51B and the low estimate is $6.02B.
