What Are The Risk Factors For Coherent Corp. (COHR)?


At the last check on Thursday, Coherent Corp.’s (NYSE:COHR) stock was up $0.92, moving up 3.01 percent to $31.68. The average number of shares traded per day over the past five days has been 1,339,230 shares. 3 times new highs have been achieved over the past 5 days, with a $1.25 gain in that time frame. In the last twenty days, the average volume was 2,096,067, while in the previous 50 days, it was 1,592,431.

Since last month, COHR stock retreated -3.37%. Shares of the company fell to $26.29 on 05/10/23, the lowest level in the past month. A 52-week high of $64.94 was reached on 02/02/23 after having rallying from a 52-week low of $26.29. Since the beginning of this year, COHR’s stock price has dropped by -9.73% or -$3.31, and marked a new high 14 times. However, the stock has declined by -51.21% since its 52-week high.

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COHR stock investors should be aware that Coherent Corp. (COHR) stock had its last reported insider trading activity 84 days ago on Mar 02. RAYMOND MARY JANE, the CFO & Treasurer of the company, disposed of 4,000 shares for $41.05 on Mar 02. It resulted in a $164,186 divestment by the insider. Xia Howard H. sold 2,270 shares at an average price of $43.17 on Mar 01. The insider now owns 39,601 shares following the transaction. On Nov 15, Director KRAMER FRANCIS J sold 2,936 shares at $40.00 apiece. The transaction was valued at $117,440.

Valuation Metrics

The stock’s beta is 1.51. Besides these, the trailing price-to-sales (P/S) ratio of 0.88, the price-to-book (PB) ratio of 0.89, and the price-to-cash flow ratio of 42.28 may also be considered.

Financial Health

In the three months ended March 30, Coherent Corp.’s quick ratio stood at 1.80, while its current ratio was 3.10, showing that the company is able to pay off its debt. According to company report, the long-term debt-to-equity ratio for the quarter ending March 30 was 0.91, and the total debt-to-equity ratio was 0.92. On the profitability front, the trailing twelve-month gross margin is 33.10% percent. In the year ended March 30, EBITDA margin amounted to 21.14%, whereas operating margins totaled 3.80%. Based on annual data, COHR earned $1.27 billion in gross profit and brought in $3.32 billion in revenue.

A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was 7.00%. Return on equity (ROE) for the past 12 months was -3.80%.

In Coherent Corp.’s quarter-end financial report for March 30, it reported total debt of $4.35 billion. According to the earnings report, the company had a lower net income in the recent quarter than it did in the previous quarter. COHR’s revenue rose 69.0% to $1.37 billion during the quarter, while net income inched up to $1.24 billion. While analysts expected Coherent Corp. to report $0.82 quarterly earnings, the actual figure was $0.58 per share, beating the consensus estimate by -29.30%. During the quarter, the company generated $233.74 million in EBITDA. The liabilities of Coherent Corp. were 8.88 billion at the end of its most recent quarter ended March 30, and its total debt was $4.61 billion. The value of shareholders’ equity is $139.38 million.

Technical Picture

This quick technical analysis looks at Coherent Corp.’s (COHR) price momentum. With a historical volatility rate of 66.41%, the RSI 9-day stood at 54.37% on 24 May.

With respect to its five-day moving average, the current Coherent Corp. price is up by +4.09% percent or $1.25. At present, COHR shares trade -5.05% below its 20-day simple moving average and -9.43% percent below its 100-day simple moving average. However, the stock is currently trading approximately -10.65% below its SMA50 and -37.59% below its SMA200.

Stochastic coefficient K was 77.71% and Stochastic coefficient D was 71.54%, while ATR was 1.46. Given the Stochastic reading of 86.89% for the 14-day period, the RSI (14) reading has been calculated as 49.86%. As of today, the MACD Oscillator reading stands at 1.08, while the 14-day reading stands at 1.13.

Analyst Ratings

Coherent Corp. (COHR) has been rated Overweight by analysts. According to 1 brokerage firm, COHR is a sell, and 3 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 2 analysts rate Coherent Corp. stock as buy, with 13 recommending it as overweight.

With a median target price of $40.00, the current consensus forecast for the stock is $29.00 – $85.00. Based on these forecasts, analysts predict Coherent Corp. (COHR) will achieve an average price target of $41.75.


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