Coherent, Inc. (COHR)
| Market Cap | 6.08B |
| Revenue (ttm) | 1.32B |
| Net Income (ttm) | -159.09M |
| Shares Out | 24.39M |
| EPS (ttm) | -6.56 |
| PE Ratio | n/a |
| Forward PE | 29.24 |
| Dividend | n/a |
| Dividend Yield | n/a |
| Trading Day | July 29 |
| Last Price | $245.96 |
| Previous Close | $247.42 |
| Change ($) | -1.46 |
| Change (%) | -0.59% |
| Day's Open | 247.61 |
| Day's Range | 245.37 - 248.00 |
| Day's Volume | 174,006 |
| 52-Week Range | 103.00 - 270.99 |
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 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'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.
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 Ranked Momentum Stocks to Buy for April 7th
Does Coherent (COHR) have what it takes to be a top stock pick for momentum investors? Let's find out.
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.
Lumentum goes home with a $218 million breakup fee, while competing bidder MKS Instruments never had a signed deal.
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 ...
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...
SAN JOSE, Calif., March 25, 2021 /PRNewswire/ -- Lumentum Holdings Inc. ("Lumentum") today announced that Coherent, Inc. (NASDAQ: COHR) ("Coherent") has provided notice of termination of the previously ...
SAN JOSE, Calif., March 23, 2021 /PRNewswire/ -- Lumentum Holdings Inc. ("Lumentum") today confirmed that on March 22, 2021, it delivered to Coherent, Inc.'s (Nasdaq: COHR) Board of Directors a revised ...
SANTA CLARA, Calif., March 23, 2021 /PRNewswire/ -- Coherent, Inc. (NASDAQ: COHR) today announced that it has received a new acquisition proposal from Lumentum Holdings Inc. (NASDAQ: LITE).
II-VI's bid was reportedly the higher of the two, at a total of roughly $285 per share.
The shares of Coherent, Inc. (NASDAQ:COHR) are up 4.7% to trade at $268.93 at last check, after optical components maker II-VI (IIVI) put in a buyout bid of $7 billion, deemed "superior" to the one plac...
Industrial and fiber laser solutions provider Coherent Inc (NASDAQ: COHR) confirmed receipt of a revised acquisition proposal from II-VI Inc (NASDAQ: IIVI). Each share of Coherent would be exchanged for...
SAN JOSE, Calif., March 18, 2021 /PRNewswire/ -- Lumentum Holdings Inc. ("Lumentum") today announced that it has received notice from Coherent, Inc. (NASDAQ: COHR) ("Coherent") of its Board of Directors...
SANTA CLARA, Calif., March 18, 2021 /PRNewswire/ -- Coherent, Inc. (NASDAQ: COHR) today confirmed receipt of a revised acquisition proposal from II-VI Incorporated (NASDAQ: IIVI).
Lumentum raises takeover offer for Coherent to $6.9 billion
Coherent said on Wednesday optical fiber firm Lumentum Holdings had raised its offer for the company to $6.9 billion following a three-way takeover battle for the laser firm. CNBC's David Faber reports.
SAN JOSE, Calif., and MENLO PARK, Calif.
SANTA CLARA, Calif., March 17, 2021 /PRNewswire/ -- Coherent, Inc. (NASDAQ: COHR) today announced that it has received a new acquisition proposal from Lumentum Holdings Inc. (NASDAQ: LITE).
NEW YORK, March 16, 2021 /PRNewswire/ -- If you own shares in any of the companies listed above and would like to discuss our investigations or have any questions concerning this notice or your rights ...
SAN JOSE, Calif., March 12, 2021 /PRNewswire/ -- Lumentum Holdings Inc. ("Lumentum") today announced that it has received notice from Coherent, Inc. (NASDAQ: COHR) ("Coherent") of its Board of Directors...
SANTA CLARA, Calif., March 12, 2021 /PRNewswire/ -- Coherent, Inc. (NASDAQ: COHR) today announced that the company's board of directors, in consultation with its financial and legal advisors, has determ...
NEW YORK, March 11, 2021 /PRNewswire/ -- Halper Sadeh LLP, a global investor rights law firm, announces it is investigating the following companies: Cantel Medical Corp. (NYSE: CMD) concerning potential...
SANTA CLARA, Calif., March 10, 2021 /PRNewswire/ -- Coherent, Inc. (NASDAQ: COHR) today announced that it has entered into a revised merger agreement with Lumentum Holdings Inc. (NASDAQ: LITE).
SAN JOSE, Calif., March 8, 2021 /PRNewswire/ -- Lumentum Holdings Inc. ("Lumentum") today announced that it has received notice from Coherent, Inc. (NASDAQ: COHR) ("Coherent") of its Board of Directors'...
SANTA CLARA, Calif., March 8, 2021 /PRNewswire/ -- Coherent, Inc. (NASDAQ: COHR) ("Coherent") today announced that the company's board of directors, in consultation with its financial and legal advisors...
We have narrowed down our search to five Nasdaq Composite listed technology stocks with strong potential in 2021. These are: AMAT, AMKR, COHR, SANM and SYNA.
As of late, it has definitely been a great time to be an investor in Coherent (COHR).
Coherent Inc. stock is up more than 50% since the beginning of 2020, and at the current price around $252 per share, we believe that Coherent Inc. stock has around 20% potential downside. Why is that?
NEW YORK, Feb. 23, 2021 /PRNewswire/ -- If you own shares in any of the companies listed above and would like to discuss our investigations or have any questions concerning this notice or your rights or...
New York, New York--(Newsfile Corp. - February 23, 2021) - The following statement is being issued by Levi & Korsinsky, LLP:To: All Persons or Entities who purchased Coherent, Inc. ("Coherent" or the "C...
The stock price of Coherent Inc., a laser equipment and components manufacturer, has seen a solid 30% rise over the last ten trading days, while it's up 14% over the last five trading days, and going by...
Coherent (COHR) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
SANTA CLARA, Calif., Feb. 16, 2021 /PRNewswire/ -- Coherent, Inc. (NASDAQ: COHR) today announced that its board of directors has determined to engage in discussions with II-VI Incorporated (NASDAQ: IIVI...
The laser technology specialist has become an in-demand acquisition target.
Even as markets took a pause, there's still plenty of action in individual stock names.
II-VI Incorporated (NASDAQ: IIVI) has made an offer to acquire Coherent, Inc. (NASDAQ: COHR) for a purchase price of $260 per share. The purchase price signifies a premium of 15% to Coherent's last clos...
SANTA CLARA, Calif., Feb. 12, 2021 /PRNewswire/ -- Coherent, Inc. (NASDAQ: COHR) ("Coherent") today announced that it has received an unsolicited acquisition proposal from II–VI Incorporated (NASDAQ: II...
The laser technology specialist has two potential buyers, and its share price hasn't been this high in almost three years.
SANTA CLARA, Calif., Feb. 8, 2021 /PRNewswire/ -- Coherent, Inc. (NASDAQ: COHR) ("Coherent") today announced that it has received an unsolicited acquisition proposal from MKS Instruments, Inc. (NASDAQ: ...
Coherent (COHR) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
Coherent (COHR) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Earnings news continues to come out, as interesting acquisitions take place in the technology space.
About COHR
Coherent, Inc. provides lasers, laser-based technologies, and laser-based system solutions for a range of scientific, commercial, and industrial research applications. It operates in two segments, 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, original equipment manufacturer components and instrume... [Read more...]
| Industry Scientific & Technical Instruments | Founded 1966 |
| CEO Andreas Mattes | Employees 4,875 |
| Stock Exchange NASDAQ | Ticker Symbol COHR |
Analyst Forecasts
According to 11 analysts, the average rating for Coherent stock is "Buy." The 12-month stock price forecast is 223.75, which is a decrease of -9.03% from the latest price.