Stock Ideas
Stocks
Funds
Screener
Sectors
Watchlists
COHR

COHR - Coherent Inc Stock Price, Fair Value and News

73.43USD-0.55 (-0.74%)Delayed

Market Summary

COHR
USD73.43-0.55
Delayed
-0.74%

COHR Alerts

  • 7 major insider sales recently.
  • Big fall in earnings (Y/Y)
  • Losses in recent quarter

COHR Stock Price

View Fullscreen

COHR RSI Chart

COHR Valuation

Market Cap

11.2B

Price/Earnings (Trailing)

-38.95

Price/Sales (Trailing)

2.43

EV/EBITDA

80.61

Price/Free Cashflow

49.76

COHR Price/Sales (Trailing)

COHR Profitability

Operating Margin

80.16%

EBT Margin

-8.50%

Return on Equity

-5.39%

Return on Assets

-1.98%

Free Cashflow Yield

2.01%

COHR Fundamentals

COHR Revenue

Revenue (TTM)

4.6B

Rev. Growth (Yr)

-2.53%

Rev. Growth (Qtr)

6.84%

COHR Earnings

Earnings (TTM)

-287.4M

Earnings Growth (Yr)

-617.95%

Earnings Growth (Qtr)

53.69%

Breaking Down COHR Revenue

Last 7 days

9.8%

Last 30 days

26.3%

Last 90 days

22.4%

Trailing 12 Months

33.8%

How does COHR drawdown profile look like?

COHR Financial Health

Current Ratio

2.71

Debt/Equity

0.77

Debt/Cashflow

0.14

COHR Investor Care

Shares Dilution (1Y)

9.39%

Diluted EPS (TTM)

-2.87

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
20244.6B000
20234.8B5.2B4.9B4.6B
20223.2B3.3B3.9B4.4B
20213.0B3.1B3.2B3.2B
20202.0B2.4B2.8B2.9B
20191.3B1.4B1.4B1.7B
20181.1B1.2B1.2B1.3B
2017939.8M972.0M1.0B1.1B
2016782.4M827.2M859.5M899.9M
2015733.2M742.0M745.3M760.0M
2014649.4M683.3M719.1M724.0M
2013534.0M551.1M573.1M619.8M
2012529.5M534.6M524.3M522.6M
2011484.3M502.8M521.0M526.9M
2010331.9M345.1M399.7M451.8M
20090292.2M305.4M318.7M
GRUFITY'S FAIR VALUE MODEL

Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index

Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

PurpleZone


Returns of $10,000 invested in:

Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224


Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

Russell 2000 Index
Very Expensive Stocks
Very Cheap Stocks
Try For Just $1.99

Tracking the Latest Insider Buys and Sells of Coherent Inc

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Jun 05, 2024
dreyer michael l
sold
-948,505
66.6132
-14,239
-
Jun 04, 2024
corasanti joseph j
acquired
160,046
13.99
11,440
-
Jun 04, 2024
corasanti joseph j
sold
-752,798
65.804
-11,440
-
Jun 03, 2024
anderson james robert
acquired
-
-
147,214
chief executive officer
Jun 03, 2024
bashaw walter robert ii
acquired
400,140
27.00
14,820
president
Jun 03, 2024
basso ronald
sold
-230,448
68.443
-3,367
chief legal & compliance off.
Jun 03, 2024
bashaw walter robert ii
sold
-1,332,170
69.4017
-19,195
president
May 23, 2024
xia howard h.
sold
-121,830
60.915
-2,000
-
May 23, 2024
xia howard h.
acquired
13,990
13.99
1,000
-
May 16, 2024
xia howard h.
acquired
13,990
13.99
1,000
-

1–10 of 50

Which funds bought or sold COHR recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Jun 13, 2024
KEYNOTE FINANCIAL SERVICES LLC
new
-
929,123
929,123
0.78%
Jun 11, 2024
EverSource Wealth Advisors, LLC
added
40.57
3,524
8,139
-%
Jun 11, 2024
American Trust
new
-
242,965
242,965
0.02%
May 30, 2024
CAMBRIDGE TRUST CO
sold off
-100
-6,530
-
-%
May 28, 2024
TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY
unchanged
-
749,000
2,657,000
0.02%
May 28, 2024
Boston Partners
sold off
-100
-24,236,100
-
-%
May 24, 2024
Cetera Investment Advisers
new
-
1,249,500
1,249,500
-%
May 23, 2024
Wellington Shields & Co., LLC
new
-
363,720
363,720
0.06%
May 21, 2024
China Universal Asset Management Co., Ltd.
new
-
1,212,400
1,212,400
0.15%
May 16, 2024
Tidal Investments LLC
added
286
1,228,060
1,508,350
0.03%

1–10 of 39

Are Funds Buying or Selling COHR?

Are funds buying COHR calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own COHR
No. of Funds

Unveiling Coherent Inc's Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Mar 07, 2024
bcpe watson (de) bml, lp
15.6%
28,111,651
SC 13D/A
Feb 13, 2024
dodge & cox
12.4%
18,735,408
SC 13G/A
Jan 26, 2024
blackrock inc.
7.9%
11,963,779
SC 13G/A
Jan 10, 2024
vanguard group inc
10.05%
15,224,213
SC 13G/A
Oct 11, 2022
wellington management group llp
0.00%
0
SC 13G/A
Mar 11, 2022
blackrock inc.
8.8%
2,160,905
SC 13G/A
Feb 11, 2022
hartford mutual funds inc/ct
0%
0
SC 13G
Feb 11, 2022
pentwater capital management lp
5.66%
1,402,000
SC 13G
Feb 09, 2022
vanguard group inc
9.33%
2,304,898
SC 13G/A
Feb 09, 2022
goldman sachs group inc
7.5%
1,857,603
SC 13G

Recent SEC filings of Coherent Inc

View All Filings
Date Filed Form Type Document
Jun 18, 2024
144
Notice of Insider Sale Intent
Jun 17, 2024
144
Notice of Insider Sale Intent
Jun 06, 2024
4
Insider Trading
Jun 06, 2024
8-K
Current Report
Jun 05, 2024
144
Notice of Insider Sale Intent
Jun 05, 2024
4
Insider Trading
Jun 04, 2024
4
Insider Trading
Jun 04, 2024
4
Insider Trading
Jun 04, 2024
4
Insider Trading
Jun 04, 2024
3
Insider Trading

Coherent Inc News

Latest updates
Simply Wall St10 Jun 202407:04 pm
Yahoo Finance04 Jun 202407:00 am
The Motley Fool03 Jun 202407:00 am
Yahoo Finance01 May 202407:00 am
The Motley Fool4 months ago

Coherent Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Revenue6.8%1,2091,1311,0531,2051,2401,3701,345887828807795808783787728746627666340363342
Cost Of Revenue---------216217240240233206205203199212227241242
Gross Profit---------15516815215614112011295.0094.0010910898.00131
Costs and Expenses6.1%1,2411,1691,1411,4381,2451,4371,396838765727705715690680669706594774371328315
Operating Expenses---------10012511311433710310396.0054399.00100105102
  S&GA Expenses-1.9%20520921225622627428011611811812312712210910713482.0011910562.0060.00
  R&D Expenses14.7%12711111312312612912196.0097.0095.0089.0084.0083.0085.0078.0010095.0010836.0036.0036.00
EBITDA Margin-13.9%0.04*0.05*0.04*0.04*0.09*0.10*0.14*0.18*0.19*0.19*0.20*0.19*---------
Interest Expenses-2.6%73.0075.0073.0079.0075.0071.0062.0049.0043.0017.0012.0014.0013.0016.0017.0026.0029.0028.007.006.006.00
Income Taxes-80.5%-16.12-8.93-20.76-55.20-7.29-21.28-12.325.0014.0012.0016.0011.0012.0018.0013.00-10.5527.00-9.24-4.527.002.00
Earnings Before Taxes14.9%-31.85-37.41-88.30-233-4.75-66.35-51.0249.0063.0079.0090.0093.0093.0010660.0041.0033.00-107-30.5235.0027.00
EBT Margin-8.2%-0.09*-0.08*-0.08*-0.07*-0.02*0.00*0.04*0.08*0.10*0.11*0.12*0.11*---------
Net Income53.7%-13.19-28.47-67.53-1783.00-45.07-38.7044.0049.0068.0074.0082.0081.0088.0046.0051.006.00-98.21-26.0028.0025.00
Net Income Margin-6.5%-0.06*-0.06*-0.06*-0.05*-0.01*0.00*0.03*0.07*0.08*0.10*0.10*0.10*---------
Free Cashflow199.5%24.00-24.3013788.0055.00114-59.4119.00-58.381345.0086.00---------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Assets-1.0%14,52014,66313,52113,71114,11814,10913,8317,8457,7677,6496,5166,5136,3625,6475,4715,2355,1075,2085,3711,9541,942
  Current Assets3.8%3,5503,4223,2443,2523,4073,4163,3954,3054,2344,1663,0513,0272,8892,1381,9921,7891,5911,5891,756813817
    Cash Equivalents4.9%8998569458218848979042,5822,6002,6501,5601,5921,535835684493388377440205221
  Inventory0.0%1,2921,2921,2811,2721,3941,3671,347903880819747696674657640620628663744296302
  Net PPE------------------1,3471,336583570
  Goodwill-1.6%4,4934,5664,4604,5134,5054,4275,2851,2861,2931,2931,2951,2971,29429.0019.001,2391,2821,09775932022.00
Liabilities-0.5%6,4816,5176,4186,4826,6676,7486,6683,4623,3833,3662,3212,3802,3202,4102,4243,1583,0893,1433,239821828
  Current Liabilities10.3%1,3111,1881,0831,0791,1071,1331,1831,2672,1242,0831,029730679664645673569572546271240
  Short Term Borrowings---------10.009.0018.0018.0017.0017.0017.0017.0016.0017.0015.0045.0047.00
  Long Term Debt-1.3%4,0834,1374,2194,2354,3504,4234,4941,8979299439561,3131,3231,4091,4682,1862,2132,2282,333443485
    LT Debt, Current1.2%75.0075.0075.0075.0075.0075.001294031,3841,37842062.0062.0062.0062.0069.0069.0069.0045.0024.0024.00
    LT Debt, Non Current-1.3%4,0834,1374,2194,2354,3504,4234,4941,8979299439561,3131,3231,4091,4682,1862,2132,2282,333443485
Shareholder's Equity-8.7%5,3355,8444,8324,9885,2395,1795,0093,6163,6283,5373,4583,4063,3253,2373,0472,0772,0182,0662,1311,1331,114
  Retained Earnings-5.6%7457898479441,1591,1931,2741,3481,3221,2901,2391,1371,071997916877825819918944916
  Additional Paid-In Capital---------13112412311397.0089.0080.0066.0045.0034.0034.0024.0035.00
Minority Interest-0.8%370373-------------------
Float------4,841---7,195---7,871---3,032---
Cashflow (Last 12 Months)
(In Millions)
Cashflow (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Cashflow From Operations74.8%11767.0019918215222080.0013736.0018852.0012891.0022113417764.0082.00-25.6164.0026.00
  Share Based Compensation-4.6%25.0027.0046.0025.0035.0035.0054.0016.0017.0017.0024.0017.0016.0022.0016.0020.0015.0019.0016.006.007.00
Cashflow From Investing-2.1%-93.38-91.47-64.17-94.81-97.14-108-5,628-118-100-54.12-47.56-32.14-27.06-43.90-69.86-31.66-29.63-53.81-1,064-27.58-63.44
Cashflow From Financing-104.4%-38.84877-17.88-127-73.55-1573,913-28.33-19.59947-35.97-33.46636-50.16123-38.27-20.15-94.561,327-51.9926.00
  Buy Backs-----------------0.00--2.00-
Get Full Access to Grufity – and Unlimited Downloads
Gain full access to fair value, watchlists, stock screener, unlimited page visits, and additional features by joining as a member today for just $1.99.
Try For Just $1.99

COHR Income Statement

2024-03-31
Condensed Consolidated Statements of Earnings (Loss) (Unaudited) - USD ($)
$ in Thousands
3 Months Ended9 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Mar. 31, 2024
Mar. 31, 2023
Income Statement [Abstract]    
Revenues$ 1,208,809$ 1,240,194$ 3,393,326$ 3,955,049
Costs, Expenses, and Other Expense (Income)    
Cost of goods sold842,322820,0382,369,3032,680,131
Internal research and development127,485126,382352,136376,257
Selling, general and administrative205,167226,386626,027780,551
Restructuring charges11,530012,9780
Interest expense72,75375,183220,689207,976
Other income, net(18,597)(3,048)(30,252)32,253
Total Costs, Expenses, & Other Expense1,240,6601,244,9413,550,8814,077,168
Loss Before Income Taxes(31,851)(4,747)(157,555)(122,119)
Income Tax Benefit(16,121)(7,293)(45,816)(40,895)
Net Earnings (Loss)(15,730)2,546(111,739)(81,224)
Net Loss Attributable to Noncontrolling Interests(2,543)0(4,027)0
Net Earnings (Loss) Attributable to Coherent Corp.(13,187)2,546(107,712)(81,224)
Less: Dividends on Preferred Stock31,19336,07191,946107,537
Net Loss Available to the Common Shareholders$ (44,380)$ (33,525)$ (199,658)$ (188,761)
Basic Loss Per Share (in usd per share)$ (0.29)$ (0.24)$ (1.32)$ (1.38)
Diluted Loss Per Share (in usd per share)$ (0.29)$ (0.24)$ (1.32)$ (1.38)

COHR Balance Sheet

2024-03-31
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2024
Jun. 30, 2023
Current Assets  
Cash and cash equivalents$ 898,578$ 821,310
Restricted cash, current183,61112,023
Accounts receivable - less allowance for doubtful accounts of $10,605 at March 31, 2024 and $8,005 at June 30, 2023955,644901,531
Inventories1,291,7031,272,333
Prepaid and refundable income taxes18,97128,271
Prepaid and other current assets201,727216,530
Total Current Assets3,550,2343,251,998
Property, plant & equipment, net1,851,3831,782,035
Goodwill4,493,2254,512,700
Other intangible assets, net3,586,3023,814,684
Deferred income taxes39,48537,748
Restricted cash, non-current710,2704,233
Other assets289,513307,735
Total Assets14,520,41213,711,133
Current Liabilities  
Current portion of long-term debt75,46974,836
Accounts payable593,504405,308
Accrued compensation and benefits177,399175,564
Operating lease current liabilities38,32138,271
Accrued income taxes payable116,45574,488
Other accrued liabilities309,480310,281
Total Current Liabilities1,310,6281,078,748
Long-term debt4,082,6564,234,962
Deferred income taxes748,453780,307
Operating lease liabilities138,305140,748
Other liabilities201,240247,402
Total Liabilities6,481,2826,482,167
Mezzanine Equity  
Series B redeemable convertible preferred stock, no par value, 5% cumulative; issued - 215,000 shares at March 31, 2024 and June 30, 2023; redemption value - $2,397,885 and $2,309,966, respectively2,333,3612,241,415
Shareholders' Equity  
Series A preferred stock, no par value, 6% cumulative; issued - 0 and 2,300,000 shares at March 31, 2024 and June 30, 2023, respectively0445,319
Common stock, no par value; authorized - 300,000,000 shares; issued - 167,990,097 shares at March 31, 2024; 154,719,413 shares at June 30, 20234,835,2613,781,211
Accumulated other comprehensive income67,352109,726
Retained earnings744,792944,416
Shareholders' equity excluding treasury stock5,647,4055,280,672
Treasury stock, at cost; 15,572,135 shares at March 31, 2024 and 15,135,711 shares at June 30, 2023(311,953)(293,121)
Total Coherent Corp. Shareholders’ Equity5,335,4524,987,551
Noncontrolling interests (NCI)370,3170
Total Equity5,705,7694,987,551
Total Liabilities, Mezzanine Equity and Equity$ 14,520,412$ 13,711,133
COHR
Coherent Corp. develops, manufactures, and markets engineered materials, optoelectronic components, and devices worldwide. It operates through two segments: Compound Semiconductors and Photonic Solutions. The Compound Semiconductors segment provides optical and electro-optical components and materials used in CO2 lasers, fiber-lasers, and direct diode lasers for materials processing applications; infrared optical components and high-precision optical assemblies for aerospace and defense, medical, and commercial laser imaging applications; semiconductor lasers and detectors for optical interconnects and sensing applications; engineered materials for thermoelectric, ceramics, and silicon carbide various applications; and compound semiconductor epitaxial wafers for applications in optical and wireless communication. The Photonic Solutions segment manufactures transceivers for data centers and telecom optical networks; pump lasers, optical amplifiers, wavelength selective switches, and advanced components for telecom networks; and crystal materials, optics, lasers, and optoelectronic modules in a range of applications, including optical communications, life sciences, and consumer electronics markets. It serves original equipment manufacturers, laser end users, system integrators of high-power lasers, U.S. government prime contractors, and various U.S. government agencies, as well as manufacturers of equipment and devices for industrial, optical communications, electronics, and instrumentation applications. The company was formerly known as II-VI Incorporated and changed its name to Coherent Corp. in September 2022. Coherent Corp. was incorporated in 1971 and is headquartered in Saxonburg, Pennsylvania.
 CEO
 WEBSITEcoherent.com
 INDUSTRYConsumer Electronics
 EMPLOYEES26622

Coherent Inc Frequently Asked Questions


What is the ticker symbol for Coherent Inc? What does COHR stand for in stocks?

COHR is the stock ticker symbol of Coherent Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Coherent Inc (COHR)?

As of Tue Jun 18 2024, market cap of Coherent Inc is 11.2 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of COHR stock?

You can check COHR's fair value in chart for subscribers.

What is the fair value of COHR stock?

You can check COHR's fair value in chart for subscribers. The fair value of Coherent Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Coherent Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for COHR so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Coherent Inc a good stock to buy?

The fair value guage provides a quick view whether COHR is over valued or under valued. Whether Coherent Inc is cheap or expensive depends on the assumptions which impact Coherent Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for COHR.

What is Coherent Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Tue Jun 18 2024, COHR's PE ratio (Price to Earnings) is -38.95 and Price to Sales (PS) ratio is 2.43. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. COHR PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Coherent Inc's stock?

In the past 10 years, Coherent Inc has provided 0.178 (multiply by 100 for percentage) rate of return.