Coherent Corp [COHR] stock is trading at $68.71, down -1.52%. An important factor to consider is whether the stock is rising or falling in short-term value. The COHR shares have gain 10.11% over the last week, with a monthly amount drifted -20.46%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Previously, Jefferies started tracking the stock with Buy rating on December 04, 2024, and set its price target to $135. Rosenblatt downgraded its rating to a Neutral but stick to its price target of $105 on October 22, 2024. B. Riley Securities downgraded its rating to a Neutral but $86 remained the price target by the analyst firm on October 18, 2024. Needham reiterated a Buy rating for this stock on October 14, 2024, and upped its price target to $120. In a note dated October 01, 2024, Susquehanna upgraded an Positive rating on this stock but restated the target price of $120.
Coherent Corp [COHR] stock has fluctuated between $48.78 and $113.60 over the past year. Currently, Wall Street analysts expect the stock to reach $109.83 within the next 12 months. Coherent Corp [NYSE: COHR] shares were valued at $68.71 at the most recent close of the market. An investor can expect a potential return of 59.85% based on the average COHR price forecast.
Analyzing the COHR fundamentals
Coherent Corp [NYSE:COHR] reported sales of 5.31B for the trailing twelve months, which represents a growth of 26.80%. Gross Profit Margin for this corporation currently stands at 0.33% with Operating Profit Margin at -5.95%, Pretax Profit Margin comes in at 0.02%, 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 0.01 and Total Capital is -2.45. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.79.
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 67.75 points at the first support level, and at 66.79 for the second support level. However, for the 1st resistance point, the stock is sitting at 70.19, and for the 2nd resistance point, it is at 71.67.
Ratios To Look Out For
For context, Coherent Corp’s Current Ratio is 2.67. On the other hand, the Quick Ratio is 1.64, and the Cash Ratio is 0.7. Considering the valuation of this stock, the price to sales ratio is 2.01, the price to book ratio is 2.06.
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.
