Coherent Corp [COHR] stock prices are up 2.37% to $111.24 at the moment. 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 11.06% over the last week, with a monthly amount glided 11.88%, 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 December 04, 2024, when Jefferies initiated its Buy rating and assigned the stock a price target of $135. On October 22, 2024, downgrade downgraded it’s rating to Neutral but maintained its price target of $105 on the stock. B. Riley Securities downgraded its rating to a Neutral but stick to its price target of $86 on October 18, 2024. Needham reiterated its recommendation of a Buy and raised its price target to $120 on October 14, 2024. Susquehanna upgraded its rating to Positive for this stock on October 01, 2024, but kept the price target unchanged to $120. In a note dated August 16, 2024, Needham reiterated an Buy rating on this stock and boosted its target price from $72 to $84.
The stock price of Coherent Corp [COHR] has been fluctuating between $38.77 and $113.60 over the past year. Currently, Wall Street analysts expect the stock to reach $106.29 within the next 12 months. Coherent Corp [NYSE: COHR] shares were valued at $111.24 at the most recent close of the market. An investor can expect a potential drop of -4.45% based on the average COHR price forecast.
Analyzing the COHR fundamentals
The Coherent Corp [NYSE:COHR] reported sales of 5.00B for trailing twelve months, representing a surge 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 0.02. 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 109.22 points at the first support level, and at 107.21 for the second support level. However, for the 1st resistance point, the stock is sitting at 112.80, and for the 2nd resistance point, it is at 114.37.
Ratios To Look Out For
It’s worth pointing out that Coherent Corp [NYSE:COHR]’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 3.52, the price to book ratio is 3.12.
Transactions by insiders
Recent insider trading involved HOWARD H XIA, Board Member, that happened on Dec 04 ’24 when 2000.0 shares were purchased. Chief Innovation Officer, Koeppen Christopher completed a deal on Dec 03 ’24 to sell 2590.0 shares. Meanwhile, Director Xia Howard H. sold 2000.0 shares on Dec 04 ’24.
