Seeking to outpace the market, investors engage in the art of selecting individual stocks. The right picks can play a pivotal role in boosting your wealth.
As of close of business last night, Coherent Corp’s stock clocked out at $66.48, up 5.84% from its previous closing price of $62.81. In other words, the price has increased by $5.84 from its previous closing price. On the day, 4.68 million shares were traded.
Ratios:
To gain a deeper understanding of COHR’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 11.08 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 44.93. 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:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. 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 1.94 while its Price-to-Book (P/B) ratio in mrq is 1.99.
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 -24.49%, while the 200-Day Moving Average is calculated to be -21.51%.
Shares Statistics:
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.
