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As of close of business last night, Coherent Corp’s stock clocked out at $97.18, down -1.37% from its previous closing price of $98.53. In other words, the price has decreased by -$1.37 from its previous closing price. On the day, 1.52 million shares were traded. COHR stock price reached its highest trading level at $98.12 during the session, while it also had its lowest trading level at $95.58.
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 13.64 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 75.44. 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.
On October 18, 2024, B. Riley Securities Downgraded its rating to Neutral which previously was Buy but kept the price unchanged to $86.
Needham reiterated its Buy rating for the stock on October 14, 2024, while the target price for the stock was revised from $84 to $120.
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 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 15213819904 and an Enterprise Value of 21028898816. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.19 while its Price-to-Book (P/B) ratio in mrq is 2.85. Its current Enterprise Value per Revenue stands at 4.467 whereas that against EBITDA is 30.792.
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 10.80%, while the 200-Day Moving Average is calculated to be 42.48%.
Shares Statistics:
It appears that COHR traded 2.61M shares on average per day over the past three months and 2021050 shares per day over the past ten days. A total of 152.78M shares are outstanding, with a floating share count of 152.24M. Insiders hold about 1.40% of the company’s shares, while institutions hold 89.26% stake in the company. Shares short for COHR as of 1728950400 were 6700681 with a Short Ratio of 2.57, compared to 1726185600 on 5286044. Therefore, it implies a Short% of Shares Outstanding of 6700681 and a Short% of Float of 5.3100000000000005.
