In the latest trading session,, 1.01 million Coherent Corp (NYSE:COHR) shares changed hands as the company’s beta touched 1.88. With the company’s most recent per share price at $81.98 changing hands around $2.53 or 3.18% at last look, the market valuation stands at $12.74B. COHR’s current price is a discount, trading about -38.57% off its 52-week high of $113.60. The share price had its 52-week low at $45.58, which suggests the last value was 44.4% up since then.
Analysts gave the Coherent Corp (COHR) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.45. If we narrow down to specifics, the data shows that 0 out of 19 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 4 recommended COHR as a Hold, 15 felt it is a Buy and 0 rated the stock as Underweight.
Coherent Corp (NYSE:COHR) trade information
Instantly COHR is in green as seen in intraday trades today. With action 1.59%, the performance over the past five days has been green. The company’s shares are showing year-to-date downside of -13.46%, with the 5-day performance at 1.59% in the green. However, in the 30-day time frame, Coherent Corp (NYSE:COHR) is 48.70% up.
The consensus price target for the stock as assigned by Wall Street analysts is 91, meaning bulls need an upside of 9.91% from its recent market value. According to analyst projections, COHR’s forecast low is 91 with 91 as the target high. To hit the forecast high, the stock’s price needs a -11.0% plunge from its current level, while the stock would need to soar -11.0% for it to hit the projected low.
The 2025 estimates are for Coherent Corp earnings to increase by 109.04%, but the outlook for the next 5-year period is at 46.87% per year.
COHR Dividends
Coherent Corp is expected to release its next quarterly earnings report in June.
DODGE & COX holds the second largest percentage of outstanding shares, with 9.1832% or 14.01 million shares worth $1.02 billion as of 2024-06-30.
Among Mutual Funds, the top two as of Dec 31, 2024 were Dodge & Cox Funds-Dodge & Cox Stock Fund and iShares Trust-iShares Core S&P Mid-Cap ETF . With 6.61 shares estimated at $540.34 million under it, the former controlled 4.25% of total outstanding shares. On the other hand, iShares Trust-iShares Core S&P Mid-Cap ETF held about 3.26% of the shares, roughly 5.06 shares worth around $413.94 million.
