In last trading session, Coherent Corp (NYSE:COHR) saw 2.82 million shares changing hands with its beta currently measuring 1.67. Company’s recent per share price level of $86.24 trading at -$0.14 or -0.16% at ring of the bell on the day assigns it a market valuation of $13.36B. That closing price of COHR’s stock is at a discount of -31.73% from its 52-week high price of $113.60 and is indicating a premium of 43.44% from its 52-week low price of $48.78.
For Coherent Corp (COHR), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 1.68. Splitting up the data highlights that, out of 19 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 4 suggested the stock as a Hold whereas 15 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of 0.86 in the current quarter.
Coherent Corp (NYSE:COHR) trade information
Upright in the red during last session for losing -0.16%, in the last five days COHR remained trading in the red while hitting it’s week-highest on Tuesday, 02/18/25 when the stock touched $86.24 price level, adding 4.39% to its value on the day. Coherent Corp’s shares saw a change of -8.96% in year-to-date performance and have moved -1.21% in past 5-day. Coherent Corp (NYSE:COHR) showed a performance of -16.43% in past 30-days.
Wall Street analysts have assigned a consensus price target of 114 to the stock, which implies a rise of 24.35% to its current value. Analysts have been projecting 86 as a low price target for the stock while placing it at a high target of 120. It follows that stock’s current price would jump 0.28% in reaching the projected high whereas dropping to the targeted low would mean a gain of 0.28% for stock’s current value.
Coherent Corp (COHR) estimates and forecasts
This year revenue growth is estimated to rise 20.49% from the last financial year’s standing.
16 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 1.44B for the same. And 16 analysts are in estimates of company making revenue of 1.47B in the next quarter. Company posted 1.21B and 1.31B of sales in current and next quarters respectively a year earlier.
In 2025, company’s earnings growth rate is likely to be around 106.05% while estimates for its earnings growth in next 5 years are of 44.22%.
Coherent Corp (NYSE:COHR)’s Major holders
VANGUARD GROUP INC is the top institutional holder at COHR for having 15.41 million shares of worth $1.12 billion. And as of 2024-06-30, it was holding 10.0679 of the company’s outstanding shares.
The second largest institutional holder is DODGE & COX, which was holding about 14.01 million shares on 2024-06-30. The number of shares represents firm’s hold over 9.1832 of outstanding shares, having a total worth of $1.02 billion.
