Coherent, Inc. (COHR)
| Market Cap | 6.55B |
| Revenue (ttm) | 1.54B |
| Net Income (ttm) | 115.26M |
| Shares Out | 24.81M |
| EPS (ttm) | 4.67 |
| PE Ratio | 56.51 |
| Forward PE | 30.21 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 140,890 |
| Open | 264.00 |
| Previous Close | 263.39 |
| Day's Range | 259.74 - 265.28 |
| 52-Week Range | 222.04 - 278.34 |
| Beta | 1.31 |
| Analysts | Hold |
| Price Target | 264.95 (+0.3%) |
| Earnings Date | May 11, 2022 |
About COHR
Coherent, Inc. provides lasers, laser-based technologies, and laser-based system solutions for a range of commercial, industrial, and scientific research applications. It operates in two segments, Original Equipment Manufacturers (OEM) Laser Sources and Industrial Lasers & Systems. The company designs, manufactures, markets, and services lasers, laser tools, precision optics, and related accessories; and laser measurement and control products. Its products are used for applications in microelectronics, materials processing, OEM components and i...
Financial Performance
In 2021, Coherent's revenue was $1.49 billion, an increase of 21.03% compared to the previous year's $1.23 billion. Losses were -$106.75 million, -74.22% less than in 2020.
Financial StatementsAnalyst Forecast
According to 13 analysts, the average rating for COHR stock is "Hold." The 12-month stock price forecast is 264.95, which is an increase of 0.35% from the latest price.
News
Coherent (COHR) Lags Q2 Earnings and Revenue Estimates
Coherent (COHR) delivered earnings and revenue surprises of -18.27% and 4.69%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?
Coherent (COHR) Q1 Earnings Beat Estimates
Coherent (COHR) delivered earnings and revenue surprises of 38.92% and 5.50%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?
Coherent, Inc. Reports First Fiscal Quarter Results
SANTA CLARA, Calif., Feb. 9, 2022 /PRNewswire/ -- Coherent, Inc. (NASDAQ, COHR), one of the world's leading providers of lasers, laser-based technologies and laser-based system solutions in a broad rang...
Coherent (COHR) to Report Q1 Results: Wall Street Expects Earnings Growth
Coherent (COHR) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
New Strong Sell Stocks for December 8th
COHR, LPRO, FSTR, SANM, and VIOT have been added to the Zacks Rank #5 (Strong Sell) List on December 8, 2021.
Coherent (COHR) Lags Q4 Earnings and Revenue Estimates
Coherent (COHR) delivered earnings and revenue surprises of -5.85% and -5.21%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?
Coherent, Inc. Reports Fourth Fiscal Quarter and Year-End Results
SANTA CLARA, Calif., Nov. 9, 2021 /PRNewswire/ -- Coherent, Inc. (NASDAQ, COHR), one of the world's leading providers of lasers, laser-based technologies and laser-based system solutions in a broad rang...
How Analysts View II-VI's Acquisition Of Coherent?
Barclays analyst Tom O'Malley downgraded II-VI Inc (NASDAQ:IIVI) to Underweight from Equal Weight with a price target of $56, down from $65. The analyst believes II-VI shares will continue to be an unde...
Time to Buy the Dip on This Crucial Tech Company
II-VI sold off after earnings, but its results and outlook remained strong.
Coherent (COHR) Beats Q3 Earnings and Revenue Estimates
Coherent (COHR) delivered earnings and revenue surprises of 5.85% and 5.16%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?
Coherent, Inc. Reports Third Fiscal Quarter Results
SANTA CLARA, Calif., Aug. 11, 2021 /PRNewswire/ -- Coherent, Inc. (NASDAQ, COHR), one of the world's leading providers of lasers, laser-based technologies and laser-based system solutions in a broad ran...
Coherent (COHR) to Report Q3 Results: Wall Street Expects Earnings Growth
Coherent (COHR) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Coherent Stock Could Drop 15% Despite Earnings Improvement
Coherent Inc. stock is up almost 1.8x since the beginning of this year, and at the current price of $264 per share, we believe that Coherent stock has around 15% potential downside. Why is that?
II-VI (IIVI) Shareholders Give Approval to Coherent Buyout
II-VI's (IIVI) Coherent buyout is anticipated to create a leader in laser technology and systems, photonic solutions, and compound semiconductors. Completion is expected by 2021 end or start of 2022.
Coherent, Inc. Reports Second Fiscal Quarter Results
SANTA CLARA, Calif., May 12, 2021 /PRNewswire/ -- Coherent, Inc. (NASDAQ, COHR), one of the world's leading providers of lasers, laser-based technologies and laser-based system solutions in a broad rang...
Top 1st-Quarter Trades of Chuck Royce's Firm
Royce Investment Partners recently released its portfolio updates for the first quarter of 2021, which ended on March 31.
Top Ranked Momentum Stocks to Buy for April 7th
Top Ranked Momentum Stocks to Buy for April 7th
Here's Why Momentum Investors Will Love Coherent (COHR)
Does Coherent (COHR) have what it takes to be a top stock pick for momentum investors? Let's find out.
SHAREHOLDER ALERT: WeissLaw LLP Investigates Coherent, Inc.
NEW YORK, March 31, 2021 /PRNewswire/ -- WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Coherent, Inc. ("Coherent" or the "Com...
II-VI CEO on decision to buy Coherent for $6.8B
II-VI CEO Chuck Mattera joins "Squawk on the Street" to discuss the company's bid to buy laser company Coherent.
Coherent Will Merge With II-VI in a $6.3 Billion Deal
Lumentum goes home with a $218 million breakup fee, while competing bidder MKS Instruments never had a signed deal.
Coherent Inc. agrees to II-VI's buyout offer worth £5.10 billion
Coherent Inc. (NASDAQ: COHR) agreed to a buyout offer worth £5.10 billion from II-VI Inc (NASDAQ: IIVI) on Thursday. The announcement scratched the merger deal with Lumentum Holdings Inc. that Coherent ...
II-VI Incorporated to Acquire Coherent, Creating Global Leader in Photonic Solutions, Compound Semiconductors, and La...
$250 million in annual cost synergies expected to be realized within 36 months of closing Anticipated to be accretive to Non-GAAP EPS in second year following closing
Coherent agrees to cash-and-stock deal from II-IV
Laser technology company Coherent said Thursday that it has agreed to a cash-and-stock buyout deal from engineered materials and optoelectronic components maker II-VI . Under terms of the deal, each sha...
Coherent Board Accepts II-VI Acquisition Proposal
SANTA CLARA, Calif., March 25, 2021 /PRNewswire/ -- Coherent, Inc. (NASDAQ: COHR) today announced that its board of directors has determined, after consultation with its financial and legal advisors, th...