Coherent Corp (NYSE:COHR)’s traded shares stood at 1.86 million during the last session, with the company’s beta value hitting 1.86. At the close of trading, the stock’s price was $68.71, to imply a decrease of -1.52% or -$1.06 in intraday trading. The COHR share’s 52-week high remains $113.60, putting it -65.33% down since that peak but still an impressive 29.01% since price per share fell to its 52-week low of $48.78. The company has a valuation of $10.65B, with an average of 4.53 million shares in intraday trading volume over the past 10 days and average of 3.86 million shares over the past 3 months.
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.
Coherent Corp (NYSE:COHR) trade information
After registering a -1.52% downside in the last session, Coherent Corp (COHR) has traded red over the past five days. The 5-day price performance for the stock is 10.11%, and -20.46% over 30 days. With these gigs, the year-to-date price performance is -27.47%. Short interest in Coherent Corp (NYSE:COHR) saw shorts transact 5.17 million shares and set a 1.25 days time to cover.
The extremes give us $86 and $120 for target low and target high price respectively. As such, COHR has been trading -74.65% off suggested target high and -25.16% from its likely low.
COHR Dividends
Coherent Corp has its next earnings report out on 2025-Feb-04. 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 (NYSE:COHR)’s Major holders
Coherent Corp insiders hold 1.16% of total outstanding shares, with institutional holders owning 94.89% of the shares at 96.00% float percentage. In total, 94.89% institutions holds shares in the company, led by VANGUARD GROUP INC. As of 2024-06-30, the company held over 15.41 million shares (or 10.0679% of shares), all amounting to roughly $1.12 billion.
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 Mid-Cap ETF as the top two Mutual Funds with the largest holdings of the Coherent Corp (COHR) shares. Going by data provided on Dec 31, 2024 , Dodge & Cox Stock Fund holds roughly 6.61 shares. This is just over 4.26% of the total shares, with a market valuation of $453.98 million. Data from the same date shows that the other fund manager holds a little less at 5.05, or 3.26% of the shares, all valued at about 346.81 million.
