Currently, Coherent Corp [COHR] is trading at $106.24, up 5.62%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The COHR shares have gain 6.67% over the last week, with a monthly amount drifted -0.28%, and not seem to be holding up well over a long-time horizon.
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.
This stock has fluctuated between a low of $40.12 and a high of $113.60 over the last 52 weeks. Currently, Wall Street analysts expect the stock to reach $106.29 within the next 12 months. Coherent Corp [NYSE: COHR] shares were valued at $106.24 at the most recent close of the market. An investor can expect a potential return of 0.05% 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 -4.26, Equity is -0.01 and Total Capital is 23.58. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.76.
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 102.78 points at the first support level, and at 99.33 for the second support level. However, for the 1st resistance point, the stock is sitting at 108.22, and for the 2nd resistance point, it is at 110.21.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Coherent Corp [NYSE:COHR] is 2.67. Also, the Quick Ratio is 1.65, while the Cash Ratio stands at 0.75. Considering the valuation of this stock, the price to sales ratio is 3.47, the price to book ratio is 2.98.
Transactions by insiders
Recent insider trading involved Koeppen Christopher, Chief Innovation Officer, that happened on Dec 16 ’24 when 2916.0 shares were sold. Chief Innovation Officer, Koeppen Christopher completed a deal on Nov 22 ’24 to sell 2248.0 shares. Meanwhile, Officer CHRISTOPHER KOEPPEN bought 2916.0 shares on Dec 16 ’24.
