Coherent, Inc. (COHR)

NASDAQ: COHR · IEX Real-Time Price · USD
264.03
0.64 (0.24%)
May 20, 2022 4:00 PM EDT - Market closed
Market Cap6.55B
Revenue (ttm)1.54B
Net Income (ttm)115.26M
Shares Out24.81M
EPS (ttm)4.67
PE Ratio56.51
Forward PE30.21
Dividendn/a
Ex-Dividend Daten/a
Volume140,890
Open264.00
Previous Close263.39
Day's Range259.74 - 265.28
52-Week Range222.04 - 278.34
Beta1.31
AnalystsHold
Price Target264.95 (+0.3%)
Earnings DateMay 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...

IndustryElectronic Equipment, Instruments & Components
Founded1966
CEOAndreas Mattes
Employees5,085
Stock ExchangeNASDAQ
Ticker SymbolCOHR
Full Company Profile

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 Statements

Analyst 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.

Price Target
$264.95
(0.35% upside)
Analyst Consensus: Hold
Stock Forecasts

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?

1 week ago - Zacks Investment Research

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?

3 months ago - Zacks Investment Research

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...

3 months ago - PRNewsWire

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.

3 months ago - Zacks Investment Research

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.

Other symbols:FSTRLPROSANMVIOT
5 months ago - Zacks Investment Research

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?

6 months ago - Zacks Investment Research

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...

6 months ago - PRNewsWire

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...

Other symbols:IIVI
7 months ago - Benzinga

Time to Buy the Dip on This Crucial Tech Company

II-VI sold off after earnings, but its results and outlook remained strong.

Other symbols:IIVI
9 months ago - The Motley Fool

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?

9 months ago - Zacks Investment Research

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...

9 months ago - PRNewsWire

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.

9 months ago - Zacks Investment Research

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?

10 months ago - Forbes

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.

Other symbols:IIVI
10 months ago - Zacks Investment Research

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...

1 year ago - PRNewsWire

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.

Other symbols:SEICUFPI
1 year ago - GuruFocus

Top Ranked Momentum Stocks to Buy for April 7th

Top Ranked Momentum Stocks to Buy for April 7th

Other symbols:CENTLPX
1 year ago - Zacks Investment Research

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.

1 year ago - Zacks Investment Research

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...

Other symbols:IIVI
1 year ago - PRNewsWire

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.

Other symbols:IIVI
1 year ago - CNBC Television

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.

Other symbols:IIVI
1 year ago - The Motley Fool

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 ...

Other symbols:IIVI
1 year ago - Invezz

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

Other symbols:IIVI
1 year ago - GlobeNewsWire

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...

Other symbols:IIVI
1 year ago - Market Watch

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...

Other symbols:IIVI
1 year ago - PRNewsWire