The stock price of Coherent Corp (NYSE: COHR) has jumped by 5.00 compared to previous close of 98.29. Despite this, the company has seen a gain of 12.11% in its stock price over the last five trading days. zacks.com reported 2025-01-21 that 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.
Is It Worth Investing in Coherent Corp (NYSE: COHR) Right Now?
The stock has a 36-month beta value of 1.67. Opinions on the stock are mixed, with 8 analysts rating it as a “buy,” 6 as “overweight,” 5 as “hold,” and 0 as “sell.”
The public float for COHR is 152.52M, and at present, short sellers hold a 3.46% of that float. On January 22, 2025, the average trading volume of COHR was 2.50M shares.
COHR’s Market Performance
COHR stock saw a decrease of 12.11% in the past week, with a monthly decline of -0.09% and a quarterly a decrease of 1.11%. The volatility ratio for the week is 3.90%, and the volatility levels for the last 30 days are 4.82% for Coherent Corp (COHR). The simple moving average for the last 20 days is 6.05% for COHR’s stock, with a simple moving average of 29.30% for the last 200 days.
Analysts’ Opinion of COHR
Many brokerage firms have already submitted their reports for COHR stocks, with Jefferies repeating the rating for COHR by listing it as a “Buy.” The predicted price for COHR in the upcoming period, according to Jefferies is $135 based on the research report published on December 04, 2024 of the previous year 2024.
Citigroup, on the other hand, stated in their research note that they expect to see COHR reach a price target of $136, previously predicting the price at $106. The rating they have provided for COHR stocks is “Buy” according to the report published on November 18th, 2024.
Rosenblatt gave a rating of “Neutral” to COHR, setting the target price at $105 in the report published on October 22nd of the previous year.
COHR Trading at 2.10% from the 50-Day Moving Average
After a stumble in the market that brought COHR to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -9.15% of loss for the given period.
Volatility was left at 4.82%, however, over the last 30 days, the volatility rate increased by 3.90%, as shares surge +6.03% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +10.29% upper at present.
During the last 5 trading sessions, COHR rose by +12.11%, which changed the moving average for the period of 200-days by +73.62% in comparison to the 20-day moving average, which settled at $97.31. In addition, Coherent Corp saw 8.94% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at COHR starting from Koeppen Christopher, who sale 2,916 shares at the price of $108.84 back on Dec 16 ’24. After this action, Koeppen Christopher now owns 55,338 shares of Coherent Corp, valued at $317,377 using the latest closing price.
Koeppen Christopher, the Chief Innovation Officer of Coherent Corp, sale 2,248 shares at $105.00 during a trade that took place back on Nov 22 ’24, which means that Koeppen Christopher is holding 58,254 shares at $236,051 based on the most recent closing price.
Stock Fundamentals for COHR
Current profitability levels for the company are sitting at:
- -6.33 for the present operating margin
- 0.32 for the gross margin
The net margin for Coherent Corp stands at -0.01. The total capital return value is set at 23.58. Equity return is now at value -0.84, with -0.44 for asset returns.
Based on Coherent Corp (COHR), the company’s capital structure generated 0.43 points at debt to capital in total, while cash flow to debt ratio is standing at 36.44. The debt to equity ratio resting at 0.76. The interest coverage ratio of the stock is -112.37.
Currently, EBITDA for the company is 682.94 million with net debt to EBITDA at 3.98. When we switch over and look at the enterprise to sales, we see a ratio of 3.83. The receivables turnover for the company is 6.1for trailing twelve months and the total asset turnover is 340.33. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.67.
Conclusion
To sum up, Coherent Corp (COHR) has seen a better performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
