Coherent Stock Analysis

COHR
 Stock
  

USD 36.82  0.89  2.48%   

The big decline in price over the last few months for Coherent Corp could raise concerns from retail investors as the firm is trading at a share price of 36.82 on 371,842 in volume. The company directors and management failed to add value to investors and position the firm supply of money to exploit market volatility in October. However, diversifying your holdings with Coherent Corp or similar stocks can still protect your portfolios during high-volatility market scenarios. The stock standard deviation of daily returns for 90 days investing horizon is currently 3.78. The above-average risk is mostly attributed to market volatility and speculations regarding some of the upcoming earning calls from Coherent Corp partners.
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The Coherent Corp stock analysis report makes it easy to digest most publicly released information about Coherent Corp and get updates on important government artifacts, including earning estimates, SEC corporate filings, and announcements. Coherent Stock analysis module also helps to analyze the Coherent Corp price relationship with some important fundamental indicators such as market cap and management efficiency.

Coherent Stock Analysis Notes

About 77.0% of the company shares are held by institutions such as insurance companies. The company has price-to-book (P/B) ratio of 1.08. Some equities with similar Price to Book (P/B) outperform the market in the long run. Coherent Corp has Price/Earnings To Growth (PEG) ratio of 0.59. The entity last dividend was issued on the 17th of December 2012. The firm had 2:1 split on the 27th of June 2011. Coherent Corp. develops, manufactures, and markets engineered materials, optoelectronic components, and devices worldwide. Coherent Corp. was incorporated in 1971 and is headquartered in Saxonburg, Pennsylvania. Coherent Corp operates under Scientific Technical Instruments classification in the United States and is traded on NASDAQ Exchange. It employs 23658 people. For more info on Coherent Corp please contact John Ambroseo at 724 352-4455 or go to www.ii-vi.com.

Coherent Corp Investment Alerts

Many investors view ongoing market volatility as an opportunity to purchase more stocks at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. Coherent Corp's investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding Coherent Corp or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
Coherent Corp generated a negative expected return over the last 90 days
Coherent Corp has high historical volatility and very poor performance
Over 77.0% of the company shares are held by institutions such as insurance companies

Coherent Corp Upcoming and Recent Events

Earnings reports are used by Coherent Corp to provide an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Every quarterly earnings report provides investors with three things: an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Coherent Corp previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
Upcoming Quarterly Report9th of February 2022
Next Financial Report11th of May 2022
Next Fiscal Quarter End31st of December 2021
Next Fiscal Year End8th of November 2022
Last Quarter Report30th of September 2021
Last Financial Announcement31st of December 2020

Coherent Largest EPS Surprises

Earnings surprises can significantly impact Coherent Corp's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
2002-11-06
2002-09-300.080.090.0112 
2002-04-23
2002-03-310.060.070.0116 
2009-08-04
2009-06-30-0.07-0.09-0.0228 
View All Earnings Estimates

Coherent Corp SEC Filings

SEC filings are important regulatory documents required of all public companies to provide to potential investors. Coherent Corp prospectus issued under the guidelines of SEC is a legal declaration of facts and statements to ensure that Coherent Corp investors are not misled. SEC filings are required by law to meet strict transparency standards and other important legal constraints. Although many companies may choose careful wording to disguise some material information, SEC filings make crucial Coherent Corp specific information freely available to individual and institutional investors to make a timely investment decision.
9th of September 2022
Financial Statements and Exhibits. Regulation FD Disclosure. Unclassified Corporate Event
View
8th of September 2022
Financial Statements and Exhibits. Other Events. Amendments to Articles of Incorporation or Bylaws; and/or Change in Fiscal Year
View
1st of September 2022
Other Events
View
24th of August 2022
Financial Statements and Exhibits. Regulation FD Disclosure. Results of Operations and Financial Condition
View
23rd of August 2022
Financial Statements and Exhibits. Other Events. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers
View
4th of August 2022
Financial Statements and Exhibits
View
11th of July 2022
Unclassified Corporate Event
View
1st of July 2022
Unclassified Corporate Event. Unclassified Corporate Event. Unclassified Corporate Event. Unclassified Corporate Event. Completion of Acquisition or Disposition of Assets
View

Coherent Corp Thematic Classifications

In addition to having Coherent Corp stock in your portfolios, you can add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your favorite investment opportunity, you can then obtain an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility. If you are a result-oriented investor, you can benefit from optimizing one of our existing themes to build an efficient portfolio against your specific investing outlook.
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Large and mid-sized technology companies, funds, and technology-based ETFs that are considered growing

Coherent Stock Institutional Investors

Have you ever been surprised when a price of an equity instrument such as Coherent Corp is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Coherent Corp backward and forwards among themselves. Coherent Corp's institutional investor refers to the entity that pools money to purchase Coherent Corp's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Security TypeSharesValue
Zweigdimenna Associates LlcCommon Shares58.7 KM
Zweigdimenna Associates LlcCommon Shares58.7 KM
Zweigdimenna Associates LlcCommon Shares58.7 K4.3 M
Zweigdimenna Associates LlcCommon Shares117.2 KM
Zweigdimenna Associates LlcCommon Shares59.4 K4.1 M
Zweigdimenna Associates LlcCommon Shares67 K5.1 M
Zweigdimenna Associates LlcCommon Shares178 K6.6 M
Zurcher Kantonalbank Zurich CantonalbankDebt400 K453 K
Note, although Coherent Corp's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Coherent Market Capitalization

The company currently falls under 'Mid-Cap' category with current market capitalization of 6.59 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Coherent Corp's market, we take the total number of its shares issued and multiply it by Coherent Corp's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and these looking for more risk prefer small-cap and mid-cap equities.

Coherent Profitablity

Coherent Corp's profitability indicators refer to fundamental financial ratios that showcase Coherent Corp's ability to generate income relative to its revenue or operating costs. If, let's say, Coherent Corp is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Coherent Corp's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Coherent Corp's profitability requires more research than a typical breakdown of Coherent Corp's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
The company has Profit Margin (PM) of 7.08 %, which can signify that it executes well on its competitive strategies and has good control over its expenditures. This is very large. Similarly, it shows Operating Margin (OM) of 12.49 %, which suggests for every 100 dollars of sales, it generated a net operating income of 0.12.
Last ReportedProjected for 2022
Return on Investment 6.80  9.20 
Return on Average Assets 3.27  3.36 
Return on Average Equity 5.51  7.92 
Return on Invested Capital 0.11  0.11 
Return on Sales 0.12  0.11 

Management Efficiency

The entity has return on total asset (ROA) of 3.61 % which means that it generated profit of $3.61 on every $100 spent on asset. This is normal as compared to the sector avarege. Similarly, it shows return on stockholders equity (ROE) of 5.51 %, meaning that it created $5.51 on every $100 dollars invested by stockholders. Coherent Corp management efficiency ratios could be used to measure how well coherent corp manages its routine affairs as well as how well it operates its assets and liabilities. Coherent Corp Return on Investment is relatively stable at the moment as compared to the past year. Coherent Corp reported last year Return on Investment of 6.80. As of 11/27/2022, Return on Average Assets is likely to grow to 3.36, while Return on Sales is likely to drop 0.11. Coherent Corp Asset Turnover is relatively stable at the moment as compared to the past year. Coherent Corp reported last year Asset Turnover of 0.46. As of 11/27/2022, Return on Average Assets is likely to grow to 3.36, while Tax Assets are likely to drop slightly above 41 M.
Last ReportedProjected for 2022
Book Value per Share 33.97  28.02 
Enterprise Value over EBIT 13.00  13.34 
Enterprise Value over EBITDA 7.65  10.53 
Price to Book Value 1.50  1.88 
Tangible Assets Book Value per Share 55.64  60.04 
Enterprise Value5.3 B4.5 B
Tangible Asset Value5.9 B6.4 B

Technical Drivers

As of the 27th of November, Coherent Corp shows the mean deviation of 2.78, and Risk Adjusted Performance of (0.19). Coherent Corp technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We have analyze and collected data for nineteen technical drivers for Coherent Corp, which can be compared to its rivals. Please confirm Coherent Corp variance, as well as the relationship between the value at risk and skewness to decide if Coherent Corp is priced correctly, providing market reflects its regular price of 36.82 per share. Given that Coherent Corp has jensen alpha of (0.62), we suggest you to validate Coherent Corp's prevailing market performance to make sure the company can sustain itself at a future point.

Coherent Corp Price Movement Analysis

The output start index for this execution was one with a total number of output elements of sixty. The Parabolic SAR indicator is used to determine the direction of Coherent Corp's momentum and the point in time when Coherent Corp has higher than normal probability directional change.
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Coherent Corp Insider Trading Activities

Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Coherent Corp insiders, such as employees or executives, is commonly permitted as long as it does not rely on Coherent Corp's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Coherent Corp insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.

Coherent Corp Predictive Daily Indicators

Coherent Corp intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Coherent Corp stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.

Coherent Corp Forecast Models

Coherent Corp time-series forecasting models is one of many Coherent Corp's stock analysis techniquest aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Coherent Corp's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

About Coherent Stock Analysis

Stock analysis is the technique used by a trader or investor to examine and evaluate how Coherent Corp prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Coherent shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas, a specific sector, or an individual Stock such as Coherent Corp. By using and applying Coherent Stock analysis, traders can create a robust methodology for identifying Coherent entry and exit points for their positions.
Last ReportedProjected for 2022
Operating Margin 12.49  13.23 
EBITDA Margin 18.40  19.93 
Gross Margin 38.16  35.92 
Profit Margin 7.08  8.60 

Current Coherent Analysis - Recommendations

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Coherent analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Coherent analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Target PriceAdvice# of Analysts
252.0Hold4Odds
Coherent Corp current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Coherent analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Coherent stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Coherent Corp, talking to its executives and customers, or listening to Coherent conference calls.
Coherent Analyst Advice Details

Coherent Stock Analysis Indicators

Coherent Corp stock analysis indicators help investors evaluate how Coherent Corp stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Coherent Corp shares will generate the highest return on investment. By understating and applying Coherent Corp stock analysis, traders can identify Coherent Corp position entry and exit signals to maximize returns.
Quick Ratio2.59
Fifty Two Week Low29.90
Revenue Growth9.80%
Shares Short Prior Month6.35M
Average Daily Volume Last 10 Day2.32M
Average Daily Volume In Three Month1.88M
Earnings Growth-60.90%
Shares Percent Shares Out4.92%
Earnings Quarterly Growth-47.00%
Gross Margins38.16%
Short Percent Of Float5.74%
Forward Price Earnings8.24
Float Shares104.52M
Fifty Two Week High75.05
Enterprise Value To Ebitda7.80
Fifty Day Average35.54
Two Hundred Day Average53.36
Enterprise Value To Revenue1.65
Continue to Trending Equities. Note that the Coherent Corp information on this page should be used as a complementary analysis to other Coherent Corp's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Analyst Recommendations module to analyst recommendations and target price estimates broken down by several categories.

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When running Coherent Corp price analysis, check to measure Coherent Corp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Coherent Corp is operating at the current time. Most of Coherent Corp's value examination focuses on studying past and present price action to predict the probability of Coherent Corp's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Coherent Corp's price. Additionally, you may evaluate how the addition of Coherent Corp to your portfolios can decrease your overall portfolio volatility.
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Is Coherent Corp's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Coherent Corp. If investors know Coherent will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Coherent Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth YOY
(0.61) 
Market Capitalization
6.6 B
Quarterly Revenue Growth YOY
0.69
Return On Assets
0.0299
Return On Equity
0.0214
The market value of Coherent Corp is measured differently than its book value, which is the value of Coherent that is recorded on the company's balance sheet. Investors also form their own opinion of Coherent Corp's value that differs from its market value or its book value, called intrinsic value, which is Coherent Corp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Coherent Corp's market value can be influenced by many factors that don't directly affect Coherent Corp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Coherent Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine Coherent Corp value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Coherent Corp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.