Coherent Corp [COHR] stock is trading at $104.67, down -4.86%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The COHR shares have gain 15.14% over the last week, with a monthly amount glided 0.05%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Coherent Corp [NYSE: COHR] stock has seen the most recent analyst activity on October 22, 2024, when Rosenblatt downgraded its rating to a Neutral but kept the price target unchanged to $105 for it. Previously, B. Riley Securities downgraded its rating to Neutral on October 18, 2024, and kept the price target unchanged to $86. On October 14, 2024, Needham reiterated its Buy rating and revised its price target to $120 on the stock. Susquehanna upgraded its rating to a Positive but stick to its price target of $120 on October 01, 2024. Needham reiterated its recommendation of a Buy and raised its price target to $84 on August 16, 2024. BofA Securities upgraded its rating to Buy for this stock on August 12, 2024, and upped its price target to $75. In a note dated January 16, 2024, Barclays upgraded an Overweight rating on this stock and boosted its target price from $38 to $60.
Coherent Corp [COHR] stock has fluctuated between $32.55 and $111.66 over the past year. Currently, Wall Street analysts expect the stock to reach $88.46 within the next 12 months. Coherent Corp [NYSE: COHR] shares were valued at $104.67 at the most recent close of the market. An investor can expect a potential drop of -15.49% based on the average COHR price forecast.
Analyzing the COHR fundamentals
Coherent Corp [NYSE:COHR] reported sales of 5.00B for the trailing twelve months, which represents a growth of 28.02%. Gross Profit Margin for this corporation currently stands at 0.32% with Operating Profit Margin at -6.33%, Pretax Profit Margin comes in at -0.01%, and Net Profit Margin reading is -0.01%. To continue investigating profitability, this company’s Return on Assets is posted at -0.0, Equity is -0.0 and Total Capital is -0.0. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.76.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 101.32 points at the first support level, and at 97.96 for the second support level. However, for the 1st resistance point, the stock is sitting at 109.22, and for the 2nd resistance point, it is at 113.76.
Ratios To Look Out For
For context, Coherent Corp’s Current Ratio is 2.67. As well, the Quick Ratio is 1.65, while the Cash Ratio is 0.75. Considering the valuation of this stock, the price to sales ratio is 3.25, the price to book ratio is 2.94.
Transactions by insiders
Recent insider trading involved Koeppen Christopher, Chief Innovation Officer, that happened on Oct 01 ’24 when 1899.0 shares were sold. Officer, CHRISTOPHER KOEPPEN completed a deal on Oct 01 ’24 to buy 1899.0 shares. Meanwhile, Chief Legal & Compliance Off. Basso Ronald sold 4741.0 shares on Sep 13 ’24.
