Coherent Corp (COHR) concluded trading on Thursday at a closing price of $100.46, with 9.09 million shares of worth about $913.04 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 73.39% during that period and on February 06, 2025 the price saw a gain of about 11.50%. Currently the company’s common shares owned by public are about 154.94M shares, out of which, 152.52M shares are available for trading.
Stock saw a price change of 12.02% in past 5 days and over the past one month there was a price change of -0.50%. Year-to-date (YTD), COHR shares are showing a performance of 6.05% which increased to 103.28% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $48.78 but also hit the highest price of $113.60 during that period. The average intraday trading volume for Coherent Corp shares is 3.01 million. The stock is currently trading 7.24% above its 20-day simple moving average (SMA20), while that difference is up 1.86% for SMA50 and it goes to 22.36% higher than SMA200.
Coherent Corp (NYSE: COHR) currently have 154.94M outstanding shares and institutions hold larger chunk of about 92.99% of that.
The stock has a current market capitalization of $15.54B and its 3Y-monthly beta is at 1.67. It has posted earnings per share of -$0.41 in the same period. It has Quick Ratio of 1.64 while making debt-to-equity ratio of 0.53. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for COHR, volatility over the week remained 5.84% while standing at 5.92% over the month.
Stock’s fiscal year EPS is expected to rise by 105.84% while it is estimated to increase by 28.29% in next year.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Jefferies on December 04, 2024 offering a Buy rating for the stock and assigned a target price of $135 to it. Coverage by Citigroup stated Coherent Corp (COHR) stock as a Buy in their note to investors on November 18, 2024, suggesting a price target of $136 for the stock. On October 22, 2024, Rosenblatt Downgrade their recommendations, while on October 18, 2024, B. Riley Securities Downgrade their ratings for the stock with a price target of $86. Stock get a Buy rating from Needham on October 14, 2024.
