Should You Expect Coherent Corp (NYSE:COHR) To Recover From Its 49.38% Gain From Highs?

ZM Stock

Coherent Corp (NYSE:COHR)’s traded shares stood at 0.69 million during the latest session, with the company’s beta value hitting 1.65. At the last check today, the stock’s price was $56.24, to imply a decrease of -4.99% or -$2.95 in intraday trading. The COHR share’s 52-week high remains $67.94, putting it -20.8% down since that peak but still an impressive 49.38% since price per share fell to its 52-week low of $28.47. The company has a valuation of $8.57B, with an average of 1.93 million shares over the past 3 months.

Coherent Corp (NYSE:COHR) trade information

After registering a -4.99% downside in the latest session, Coherent Corp (COHR) has traded red over the past five days. The stock hit a weekly high of 60.80, dropping -4.99% in its intraday price action. The 5-day price performance for the stock is -4.78%, and 3.50% over 30 days. With these gigs, the year-to-date price performance is 29.20%.

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Coherent Corp (COHR) estimates and forecasts

Looking at statistics comparing Coherent Corp share performance against respective industry, we note that the company has underperformed competitors. Coherent Corp (COHR) shares are 50.94% up over the last 6 months, with its year-to-date growth rate lower than industry average at -45.00% against 19.40%.

COHR Dividends

Coherent Corp has its next earnings report out in June. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too. Coherent Corp has a forward dividend ratio of 0, with the share yield ticking at 0.00% to continue the rising pattern observed over the past year. The company’s average dividend yield trailing the past 5-year period is 0.00%.