Coherent Corp (NYSE: COHR) Emerges As Guiding Light For Investors

Coherent Corp (NYSE:COHR) currently has a daily average trading volume of 4.45M but it saw 3576209 shares traded in last market. With a market cap of 8.54B USD, the company’s current market price of $59.34 came rising about 7.64 while comparing to the previous closing price of $55.13. In past 52 weeks, the stock remained buoying in the range of price level as high as $113.60 and as low as $45.58. In the recent trading on the day, stock has struck highest price mark of $58.87 while lowest mark touched by it was $63.71.

Taking a look at 20-day trading activity of Coherent Corp (COHR) gives us an average price of $58.69, while its current price level is -47.76% below from 52-week high level whereas it is 30.19% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $68.13 while that of 200 days or SMA-200 reads an average of $83.83. A closer look into the stock’s movement over the week reveals that its volatility is standing at 5.81% during that period while stretching the period over a month that increases to 9.55%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 47.94 which implies that the stock is in neutral territory.

Rosenblatt upgraded its recommendation for the stock as a “Buy” from “Neutral” on April 04, 2025 while assigning a price target of $85. Raymond James also issued its recommendations for the stock as it upgraded the price target for the stock in the range of between $110 and $91.

Over the week, COHR’s stock price is moving 4.95% up while it is -22.64% when we observe its performance for the past one month. Year-to-date it is -37.36% down and over the past year, the stock is showing an upside performance of 20.46%.

The company is expected to be releasing its next quarterly report on 2025-Feb-04, for which analysts forecasted an EPS of 0.86 while estimate for next year EPS is 3.46. In next quarter, company is expected to be making quarterly sales of $1.47B as analysts are expecting the sales for current fiscal year at $5.7B and seeing the company making $6.24B in sales next year. Moreover, analysts are in estimates of $1.44B for current-quarter revenue.

Currently, Coherent Corp’s total number of outstanding shares is 154.94M with 1.16% of that held by the insiders while 95.71% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -0.51% and return on equity (ROE) at 0.88%. It has a 13.58 of forward P/E ratio. Stock’s beta reads 1.93. Stock has a price to book (P/B) ratio of 1.78 while price to sale or P/S ratio amounts to 1.61. Its return on asset (ROA) is 0.47% on average.