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The price of Coherent Corp (NYSE: COHR) closed at $100.52 in the last session, down -2.01% from day before closing price of $102.58. In other words, the price has decreased by -$2.01 from its previous closing price. On the day, 2.78 million shares were traded. COHR stock price reached its highest trading level at $103.28 during the session, while it also had its lowest trading level at $98.07.
Ratios:
We take a closer look at COHR’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 14.11 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 78.03. For the most recent quarter (mrq), Quick Ratio is recorded 1.77 and its Current Ratio is at 2.72. In the meantime, Its Debt-to-Equity ratio is 0.57 whereas as Long-Term Debt/Eq ratio is at 0.56.
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, Needham on October 14, 2024, Reiterated its Buy rating but revised its target price to $120 from $84 previously.
On October 01, 2024, Susquehanna Upgraded its rating to Positive which previously was Neutral but kept the price unchanged to $120.
Needham reiterated its Buy rating for the stock on August 16, 2024, while the target price for the stock was revised from $72 to $84.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Oct 01 ’24 when Koeppen Christopher sold 1,899 shares for $91.35 per share. The transaction valued at 173,474 led to the insider holds 66,148 shares of the business.
CHRISTOPHER KOEPPEN bought 1,899 shares of COHR for $168,840 on Oct 01 ’24. On Sep 13 ’24, another insider, Basso Ronald, who serves as the Chief Legal & Compliance Off. of the company, sold 4,741 shares for $77.92 each. As a result, the insider received 369,395 and left with 39,434 shares of the company.
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 15521091584 and an Enterprise Value of 21540921344. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.30 while its Price-to-Book (P/B) ratio in mrq is 2.95. Its current Enterprise Value per Revenue stands at 4.576 whereas that against EBITDA is 31.542.
Stock Price History:
Over the past 52 weeks, COHR has reached a high of $106.50, while it has fallen to a 52-week low of $28.62. The 50-Day Moving Average of the stock is 24.06%, while the 200-Day Moving Average is calculated to be 54.33%.
Shares Statistics:
According to the various share statistics, COHR traded on average about 2.59M shares per day over the past 3-months and 2469440 shares per day over the past 10 days. A total of 152.78M shares are outstanding, with a floating share count of 152.36M. Insiders hold about 1.33% of the company’s shares, while institutions hold 89.21% stake in the company. Shares short for COHR as of 1727654400 were 6737330 with a Short Ratio of 2.60, compared to 1724976000 on 5252076. Therefore, it implies a Short% of Shares Outstanding of 6737330 and a Short% of Float of 5.3400002.
