A share price of Coherent Corp [COHR] is currently trading at $103.38, down -0.83%. 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 0.65% over the last week, with a monthly amount glided 6.83%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Previously, Rosenblatt downgraded its rating to Neutral on October 22, 2024, and kept the price target unchanged to $105. On October 18, 2024, downgrade downgraded it’s rating to Neutral but maintained its price target of $86 on the stock. Needham reiterated its Buy rating and increased its price target to $120 on October 14, 2024. Susquehanna upgraded its rating to a Positive but $120 remained the price target by the analyst firm on October 01, 2024. Needham reiterated a Buy rating for this stock on August 16, 2024, and upped its price target to $84. In a note dated August 12, 2024, BofA Securities upgraded an Buy rating on this stock and boosted its target price from $65 to $75.
Coherent Corp experienced fluctuations in its stock price throughout the past year between $34.98 and $111.66. Currently, Wall Street analysts expect the stock to reach $88.46 within the next 12 months. Coherent Corp [NYSE: COHR] shares were valued at $103.38 at the most recent close of the market. An investor can expect a potential drop of -14.43% based on the average COHR price forecast.
Analyzing the COHR fundamentals
Trailing Twelve Months sales for Coherent Corp [NYSE:COHR] were 5.00B which represents 28.02% growth. 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 101.15 points at the first support level, and at 98.93 for the second support level. However, for the 1st resistance point, the stock is sitting at 104.77, and for the 2nd resistance point, it is at 106.17.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Coherent Corp [NYSE:COHR] 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 3.20, the price to book ratio is 2.90.
Transactions by insiders
Recent insider trading involved Koeppen Christopher, Chief Innovation Officer, that happened on Nov 14 ’24 when 4176.0 shares were sold. Chief Innovation Officer, Koeppen Christopher completed a deal on Nov 15 ’24 to sell 2000.0 shares. Meanwhile, Officer CHRISTOPHER KOEPPEN bought 2000.0 shares on Nov 15 ’24.
