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 $66.99 for the day, up 4.18% from the previous closing price of $64.30. In other words, the price has increased by $4.18 from its previous closing price. On the day, 5.8 million shares were traded. COHR stock price reached its highest trading level at $67.51 during the session, while it also had its lowest trading level at $64.165.
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 11.17 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 45.27. 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:
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 10381239296 and an Enterprise Value of 16324656128. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.96 while its Price-to-Book (P/B) ratio in mrq is 2.01. Its current Enterprise Value per Revenue stands at 3.077 whereas that against EBITDA is 17.916.
Stock Price History:
The Beta on a monthly basis for COHR is 1.89, which has changed by 0.15499997 over the last 52 weeks, in comparison to a change of 0.09589827 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 $48.78. The 50-Day Moving Average of the stock is -21.68%, while the 200-Day Moving Average is calculated to be -21.03%.
Shares Statistics:
COHR traded an average of 3.71M shares per day over the past three months and 4912260 shares per day over the past ten days. A total of 154.94M shares are outstanding, with a floating share count of 152.81M. Insiders hold about 1.39% of the company’s shares, while institutions hold 93.17% stake in the company. Shares short for COHR as of 1740700800 were 5165412 with a Short Ratio of 1.39, compared to 1738281600 on 5434010. Therefore, it implies a Short% of Shares Outstanding of 5165412 and a Short% of Float of 4.0799997999999995.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
