Coherent Corp (NYSE:COHR)’s traded shares stood at 1.15 million during the latest session, with the company’s beta value hitting 1.69. At the last check today, the stock’s price was $78.47, to imply an increase of 0.09% or $0.07 in intraday trading. The COHR share’s 52-week high remains $113.60, putting it -44.77% down since that peak but still an impressive 37.84% since price per share fell to its 52-week low of $48.78.
Analysts have given a consensus recommendation of Buy for Coherent Corp (COHR), translating to a mean rating of 1.68. Of 19 analyst(s) looking at the stock, 0 analyst(s) give COHR a Sell rating. 0 of those analysts rate the stock as Overweight while 4 advise Hold as 15 recommend it as a Buy. 0 analyst(s) have given it an Underweight rating. Estimates put the company’s current-quarter earnings per share at 0.86.
Coherent Corp (NYSE:COHR) trade information
After registering a 0.09% upside in the latest session, Coherent Corp (COHR) has traded red over the past five days. The 5-day price performance for the stock is -9.01%, and -4.87% over 30 days. With these gigs, the year-to-date price performance is -17.16%.
The extremes give us $86 and $120 for target low and target high price respectively. As such, COHR has been trading -52.92% off suggested target high and -9.6% from its likely low.
Coherent Corp (COHR) estimates and forecasts
The rating firms project that company’s revenue will grow 20.66% compared to the previous financial year.
Revenue forecast for the current quarter as set by 16 analysts is 1.44B. Meanwhile, for the current quarter, a total of 16 analyst(s) estimate revenue growth to 1.47B.Earnings reports from the last fiscal year show that sales brought in 1.21B and 1.31B respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to rise 18.81% before jumping 11.70% in the following quarter.
COHR Dividends
Coherent Corp has its next earnings report out in March. 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.
The next major institution holding the largest number of shares is DODGE & COX with 14.01 million shares, or about 9.1832% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $1.02 billion.
We also have Dodge & Cox Stock Fund and iShares Core S&P Midcap ETF as the top two Mutual Funds with the largest holdings of the Coherent Corp (COHR) shares. Going by data provided on Sep 30, 2024 , Dodge & Cox Stock Fund holds roughly 6.61 shares. This is just over 4.27% of the total shares, with a market valuation of $513.96 million. Data from the same date shows that the other fund manager holds a little less at 4.92, or 3.18% of the shares, all valued at about 382.66 million.
