Coherent Corp (NYSE:COHR) has a beta value of 1.87 and has seen 0.95 million shares traded in the recent trading session. The company, currently valued at $12.23B, closed the recent trade at $78.69 per share which meant it gained $0.92 on the day or 1.18% during that session. The COHR stock price is -44.36% off its 52-week high price of $113.60 and 42.08% above the 52-week low of $45.58.
The consensus among analysts is that Coherent Corp (COHR) is Buy stock at the moment, with a recommendation rating of 1.45. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 4 out of 19 have rated it as a Hold, with 15 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is 0.91.
Coherent Corp (NYSE:COHR) trade information
Sporting 1.18% in the green today, the stock has traded in the green over the last five days, with the highest price hit on recent trading when the COHR stock price touched $78.69 or saw a rise of 1.04%. Year-to-date, Coherent Corp shares have moved -16.93%, while the 5-day performance has seen it change 12.75%. Over the past 30 days, the shares of Coherent Corp (NYSE:COHR) have changed 42.55%.
Wall Street analysts have a consensus price target for the stock at $91, which means that the shares’ value could jump 13.53% from the levels at last check today.. The projected low price target is $91.0 while the price target rests at a high of $91.0. In that case, then, we find that the latest price level in today’s session is -15.64% off the targeted high while a plunge would see the stock gain -15.64% from the levels at last check today..
Coherent Corp (COHR) estimates and forecasts
The company’s shares have lost -28.10% over the past 6 months. Revenue growth from the last financial year stood is estimated to be 22.57%.
16 analysts offering their estimates for the company have set an average revenue estimate of 1.5B for the current quarter. 15 have an estimated revenue figure of 1.53B for the next ending quarter. Year-ago sales stood 1.31B and 1.35B respectively for this quarter and the next, and analysts expect sales will grow by 14.15% for the current quarter and 22.57% for the next.
Earnings growth for 2025 is a modest 108.85% while over the next 5 years, the company’s earnings are expected to increase by 46.87%.
COHR Dividends
Coherent Corp is expected to release its next earnings report in June this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
Coherent Corp (NYSE:COHR)’s Major holders
The top two institutional holders are VANGUARD GROUP INC with over 15.41 million shares worth more than $1.12 billion. As of 2024-06-30, VANGUARD GROUP INC held 10.0966% of shares outstanding.
The other major institutional holder is DODGE & COX, with the holding of over 14.01 million shares as of 2024-06-30. The firm’s total holdings are worth over $1.02 billion and represent 9.1832% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are Dodge & Cox Funds-Dodge & Cox Stock Fund and iShares Trust-iShares Core S&P Mid-Cap ETF . As of Dec 31, 2024 , the former fund manager holds about 4.25% shares in the company for having 6.61 shares of worth $521.11 million while later fund manager owns 5.06 shares of worth $399.21 million as of Mar 31, 2025 , which makes it owner of about 3.26% of company’s outstanding stock.