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 $86.80 up 0.39% from its previous closing price of $86.46. In other words, the price has increased by $0.39 from its previous closing price. On the day, 3.41 million shares were traded. COHR stock price reached its highest trading level at $87.36 during the session, while it also had its lowest trading level at $84.28.
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 14.47 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 58.66. 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.
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, Jefferies on December 04, 2024, initiated with a Buy rating and assigned the stock a target price of $135.
Rosenblatt Downgraded its Buy to Neutral on October 22, 2024, while the target price for the stock was maintained at $105.
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:
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 13451137024 and an Enterprise Value of 19394557952. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.54 while its Price-to-Book (P/B) ratio in mrq is 2.60. Its current Enterprise Value per Revenue stands at 3.655 whereas that against EBITDA is 21.285.
Stock Price History:
The Beta on a monthly basis for COHR is 1.67, which has changed by 0.52870727 over the last 52 weeks, in comparison to a change of 0.22894537 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 -10.72%, while the 200-Day Moving Average is calculated to be 4.33%.
Shares Statistics:
For the past three months, COHR has traded an average of 3.09M shares per day and 4624910 over the past ten days. A total of 154.94M shares are outstanding, with a floating share count of 152.74M. Insiders hold about 1.41% of the company’s shares, while institutions hold 93.06% stake in the company. Shares short for COHR as of 1738281600 were 5434010 with a Short Ratio of 1.76, compared to 1735603200 on 5278912. Therefore, it implies a Short% of Shares Outstanding of 5434010 and a Short% of Float of 4.29.
