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COHR

COHR - Coherent Inc Stock Price, Fair Value and News

61.45USD+0.57 (+0.94%)Delayed as of 28 Mar 2024, 11:55 am ET

Market Summary

COHR
USD61.45+0.57
Delayedas of 28 Mar 2024, 11:55 am
0.94%

COHR Alerts

  • 2 major insider sales recently.
  • Big fall in Revenue (Y/Y)
  • Big jump in Earnings (Y/Y)
  • Losses in recent quarter

COHR Stock Price

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COHR RSI Chart

COHR Valuation

Market Cap

9.3B

Price/Earnings (Trailing)

-34.26

Price/Sales (Trailing)

2

EV/EBITDA

60.09

Price/Free Cashflow

36.15

COHR Price/Sales (Trailing)

COHR Profitability

Operating Margin

80.30%

EBT Margin

-7.86%

Return on Equity

-4.94%

Return on Assets

-1.84%

Free Cashflow Yield

2.77%

COHR Fundamentals

COHR Revenue

Revenue (TTM)

4.6B

Rev. Growth (Yr)

-17.43%

Rev. Growth (Qtr)

7.44%

COHR Earnings

Earnings (TTM)

-270.2M

Earnings Growth (Yr)

40.12%

Earnings Growth (Qtr)

60.03%

Breaking Down COHR Revenue

52 Week Range

26.2962.08
(Low)(High)

Last 7 days

7.7%

Last 30 days

6.0%

Last 90 days

41.9%

Trailing 12 Months

83.6%

How does COHR drawdown profile look like?

COHR Financial Health

Current Ratio

2.88

Debt/Equity

0.76

Debt/Cashflow

0.15

COHR Investor Care

Shares Dilution (1Y)

9.25%

Diluted EPS (TTM)

-2.82

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
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

Tracking the Latest Insider Buys and Sells of Coherent Inc

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Mar 15, 2024
mattera vincent d jr
sold
-294,570
58.9139
-5,000
chief executive officer
Mar 14, 2024
bashaw walter robert ii
acquired
-
-
3,800
president
Mar 14, 2024
bashaw walter robert ii
sold
-492,186
60.2063
-8,175
president
Feb 28, 2024
mocciaro ilaria
sold (taxes)
-
-
-708
svp, cao and corp controller
Feb 15, 2024
koeppen christopher
sold
-124,040
62.02
-2,000
chief innovation officer
Jan 30, 2024
koeppen christopher
sold
-93,000
50.00
-1,860
chief innovation officer
Jan 30, 2024
koeppen christopher
acquired
40,306
21.67
1,860
chief innovation officer
Dec 26, 2023
koeppen christopher
sold
-86,400
45.00
-1,920
chief innovation officer
Dec 26, 2023
koeppen christopher
acquired
34,252
17.84
1,920
chief innovation officer
Dec 14, 2023
xia howard h.
acquired
48,125
13.99
3,440
-

1–10 of 50

Which funds bought or sold COHR recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Mar 22, 2024
PNC FINANCIAL SERVICES GROUP, INC.
added
2.11
588,399
2,214,850
-%
Mar 15, 2024
B. Riley Wealth Advisors, Inc.
reduced
-7.99
749,834
4,052,770
0.11%
Mar 11, 2024
VANGUARD GROUP INC
added
3.44
182,311,000
662,714,000
0.01%
Mar 04, 2024
CONGRESS ASSET MANAGEMENT CO /MA
added
0.3
853,780
3,382,110
0.03%
Mar 04, 2024
TUCKER ASSET MANAGEMENT LLC
sold off
-100
-98.00
-
-%
Mar 01, 2024
Pineridge Advisors LLC
new
-
827
827
-%
Mar 01, 2024
GOLDMAN SACHS GROUP INC
added
115
8,505,310
13,042,900
-%
Feb 29, 2024
Quintet Private Bank (Europe) S.A.
reduced
-0.15
7,259
29,054
-%
Feb 28, 2024
AMERICAN INTERNATIONAL GROUP, INC.
reduced
-2.86
1,767,080
7,748,430
0.03%
Feb 26, 2024
TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY
reduced
-4.57
409,000
1,908,000
0.02%

1–10 of 43

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
Mar 26, 2024
8-K
Current Report
Mar 15, 2024
144
Notice of Insider Sale Intent
Mar 15, 2024
4
Insider Trading
Mar 14, 2024
144
Notice of Insider Sale Intent
Mar 14, 2024
4
Insider Trading
Mar 07, 2024
SC 13D/A
13D - Major Acquisition
Feb 29, 2024
4
Insider Trading
Feb 20, 2024
8-K
Current Report
Feb 16, 2024
4
Insider Trading
Feb 13, 2024
SC 13G/A
Major Ownership Report

What is the Fair Value of COHR?

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>

Cheap
or
Expensive?


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

Coherent Inc News

Latest updates
Simply Wall St • 15 Mar 2024 • 12:10 pm
Yahoo Finance • 12 Mar 2024 • 07:00 am
Seeking Alpha • 09 Feb 2024 • 08:00 am
Seeking Alpha • 07 Feb 2024 • 08:00 am
The Motley Fool • 06 Feb 2024 • 08:00 am
Yahoo Finance • 05 Feb 2024 • 08:00 am
The Motley Fool • 5 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/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Revenue7.4%1,1311,0531,2051,2401,3701,345887828807795808783787728746627666340363342343
Cost Of Revenue--------216217240240233206205203199212227241242234
Gross Profit--------15516815215614112011295.0094.0010910898.00131149
Costs and Expenses2.4%1,1691,1411,4381,2451,4371,396838765727705715690680669706594774371328315308
Operating Expenses--------10012511311433710310396.0054399.0010010510297.00
  S&GA Expenses-1.2%20921225622627428011611811812312712210910713482.0011910562.0060.0058.00
  R&D Expenses-2.0%11111312312612912196.0097.0095.0089.0084.0083.0085.0078.0010095.0010836.0036.0036.0034.00
EBITDA Margin26.1%0.05*0.04*0.04*0.09*0.10*0.14*0.18*0.19*0.19*0.20*0.19*----------
Interest Expenses1.9%75.0073.0079.0075.0071.0062.0049.0043.0017.0012.0014.0013.0016.0017.0026.0029.0028.007.006.006.006.00
Income Taxes57.0%-8.93-20.76-55.20-7.29-21.28-12.325.0014.0012.0016.0011.0012.0018.0013.00-10.5527.00-9.24-4.527.002.006.00
Earnings Before Taxes57.6%-37.41-88.30-233-4.75-66.35-51.0249.0063.0079.0090.0093.0093.0010660.0041.0033.00-107-30.5235.0027.0035.00
EBT Margin2.6%-0.08*-0.08*-0.07*-0.02*0.00*0.04*0.08*0.10*0.11*0.12*0.11*----------
Net Income60.0%-26.99-67.53-1783.00-45.07-38.7044.0049.0068.0074.0082.0081.0088.0046.0051.006.00-98.21-26.0028.0025.0029.00
Net Income Margin1.4%-0.06*-0.06*-0.05*-0.01*0.00*0.03*0.07*0.08*0.10*0.10*0.10*----------
Free Cashflow-117.8%-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/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Assets8.4%14,66313,52113,71114,11814,10913,8317,8457,7677,6496,5166,5136,3625,6475,4715,2355,1075,2085,3711,9541,9421,877
  Current Assets5.5%3,4223,2443,2523,4073,4163,3954,3054,2344,1663,0513,0272,8892,1381,9921,7891,5911,5891,756813817792
    Cash Equivalents-9.4%8569458219068979042,5822,6002,6501,5601,5921,535835684493388377440205221230
  Inventory0.8%1,2921,2811,2721,3941,3671,347903880819747696674657640620628663744296302291
  Net PPE-----------------1,3471,336583570560
  Goodwill2.4%4,5664,4604,5134,5054,4275,2851,2861,2931,2931,2951,2971,29429.0019.001,2391,2821,09775932022.00298
Liabilities1.5%6,5176,4186,4826,6676,7486,6683,4623,3833,3662,3212,3802,3202,4102,4243,1583,0893,1433,239821828804
  Current Liabilities9.7%1,1881,0831,0791,1071,1331,1831,2672,1242,0831,029730679664645673569572546271240250
  Short Term Borrowings--------10.009.0018.0018.0017.0017.0017.0017.0016.0017.0015.0045.0047.0047.00
  Long Term Debt-2.0%4,1374,2194,2354,3504,4234,4941,8979299439561,3131,3231,4091,4682,1862,2132,2282,333443485460
    LT Debt, Current-0.2%75.0075.0075.0075.0075.001294031,3841,37842062.0062.0062.0062.0069.0069.0069.0045.0024.0024.0020.00
    LT Debt, Non Current-2.0%4,1374,2194,2354,3504,4234,4941,8979299439561,3131,3231,4091,4682,1862,2132,2282,333443485460
Shareholder's Equity13.2%5,4714,8324,9885,2395,1795,0093,6163,6283,5373,4583,4063,3253,2373,0472,0772,0182,0662,1311,1331,1141,073
  Retained Earnings-6.8%7898479441,1591,1931,2741,3481,3221,2901,2391,1371,071997916877825819918944916891
  Additional Paid-In Capital--------13112412311397.0089.0080.0066.0045.0034.0034.0024.0035.0052.00
Minority Interest-373--------------------
Float-----4,841---7,195---7,871---3,032---2,023
Cashflow (Last 12 Months)
(In Millions)
Cashflow (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Cashflow From Operations-66.2%67.0019918215222080.0013736.0018852.0012891.0022113417764.0082.00-25.6164.0026.0069.00
  Share Based Compensation-42.3%27.0046.0025.0035.0035.0054.0016.0017.0017.0024.0017.0016.0022.0016.0020.0015.0019.0016.006.007.006.00
Cashflow From Investing-42.5%-91.47-64.17-94.81-97.14-108-5,628-118-100-54.12-47.56-32.14-27.06-43.90-69.86-31.66-29.63-53.81-1,064-27.58-63.44-47.39
Cashflow From Financing5002.8%877-17.88-127-73.55-1573,913-28.33-19.59947-35.97-33.46636-50.16123-38.27-20.15-94.561,327-51.9926.00-61.64
  Buy Backs----------------0.00--2.00--

COHR Income Statement

2023-12-31
Condensed Consolidated Statements of Earnings (Loss) (Unaudited) - USD ($)
$ in Thousands
3 Months Ended6 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2023
Dec. 31, 2022
Income Statement [Abstract]    
Revenues$ 1,131,434$ 1,370,285$ 2,184,517$ 2,714,855
Costs, Expenses, and Other Expense (Income)    
Cost of goods sold780,793959,0971,526,9811,860,093
Internal research and development111,163128,791224,651249,875
Selling, general and administrative209,163274,151420,860554,165
Restructuring charges (recoveries)(1,570)01,4480
Interest expense74,67870,904147,936132,793
Other (income) expense, net(5,386)3,696(11,655)35,301
Total Costs, Expenses, & Other Expense1,168,8411,436,6392,310,2212,832,227
Loss Before Income Taxes(37,407)(66,354)(125,704)(117,372)
Income Tax Benefit(8,932)(21,282)(29,695)(33,602)
Net Loss(28,475)(45,072)(96,009)(83,770)
Net Loss Attributable to Noncontrolling Interests(1,484)0(1,484)0
Net Loss Attributable to Coherent Corp.(26,991)(45,072)(94,525)(83,770)
Less: Dividends on Preferred Stock30,58035,88960,75371,466
Net Loss Available to the Common Shareholders$ (57,571)$ (80,961)$ (155,278)$ (155,236)
Basic loss per share (in usd per share)$ (0.38)$ (0.58)$ (1.03)$ (1.14)
Diluted loss per share (in usd per share)$ (0.38)$ (0.58)$ (1.03)$ (1.14)

COHR Balance Sheet

2023-12-31
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Dec. 31, 2023
Jun. 30, 2023
Current Assets  
Cash and cash equivalents$ 856,255$ 821,310
Restricted cash, current177,07712,023
Accounts receivable - less allowance for doubtful accounts of $11,039 at December 31, 2023 and $8,005 at June 30, 2023856,098901,531
Inventories1,291,6341,272,333
Prepaid and refundable income taxes23,57828,271
Prepaid and other current assets216,961216,530
Total Current Assets3,421,6033,251,998
Property, plant & equipment, net1,849,1191,782,035
Goodwill4,566,0104,512,700
Other intangible assets, net3,704,6923,814,684
Deferred income taxes47,78737,748
Restricted cash, non-current787,3584,233
Other assets286,311307,735
Total Assets14,662,88013,711,133
Current Liabilities  
Current portion of long-term debt74,56974,836
Accounts payable504,052405,308
Accrued compensation and benefits186,739175,564
Operating lease current liabilities37,78838,271
Accrued income taxes payable112,35774,488
Other accrued liabilities272,268310,281
Total Current Liabilities1,187,7731,078,748
Long-term debt4,137,0094,234,962
Deferred income taxes813,970780,307
Operating lease liabilities143,123140,748
Other liabilities234,781247,402
Total Liabilities6,516,6566,482,167
Mezzanine Equity  
Series B redeemable convertible preferred stock, no par value, 5% cumulative; issued - 215,000 shares at December 31, 2023 and June 30, 2023; redemption value - $2,368,075 and $2,309,966, respectively2,302,1682,241,415
Shareholders' Equity  
Series A preferred stock, no par value, 6% cumulative; issued - 0 and 2,300,000 shares at December 31, 2023 and June 30, 2023, respectively0445,319
Common stock, no par value; authorized - 300,000,000 shares; issued - 167,307,654 shares at December 31, 2023; 154,719,413 shares at June 30, 20234,786,0763,781,211
Accumulated other comprehensive income206,374109,726
Retained earnings789,138944,416
Shareholders' equity excluding treasury stock5,781,5885,280,672
Treasury stock, at cost; 15,548,608 shares at December 31, 2023 and 15,135,711 shares at June 30, 2023(310,686)(293,121)
Total Coherent Corp. Shareholders’ Equity5,470,9024,987,551
Noncontrolling interests (NCI)373,1540
Total Equity5,844,0564,987,551
Total Liabilities, Mezzanine Equity and Equity$ 14,662,880$ 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
 WEBSITEwww.coherent.com
 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 Wed Mar 27 2024, market cap of Coherent Inc is 9.26 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 Wed Mar 27 2024, COHR's PE ratio (Price to Earnings) is -34.26 and Price to Sales (PS) ratio is 2. 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 0.153 (multiply by 100 for percentage) rate of return.