Beyond market averages, investors seeking exceptional growth focus on the art of stock selection. The right picks can significantly contribute to the expansion of your wealth.
In the latest session, Coherent Corp (NYSE: COHR) closed at $76.13 down -5.10% from its previous closing price of $80.22. In other words, the price has decreased by -$5.10 from its previous closing price. On the day, 6.11 million shares were traded.
Ratios:
For a deeper understanding of Coherent Corp’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 12.69 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 51.45. 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:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. 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 2.22 while its Price-to-Book (P/B) ratio in mrq is 2.28.
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 -19.33%, while the 200-Day Moving Average is calculated to be -9.40%.
Shares Statistics:
A total of 154.94M shares are outstanding, with a floating share count of 152.82M. Insiders hold about 1.39% of the company’s shares, while institutions hold 93.01% stake in the company.
