Coherent Corp (COHR): Not A Time To Panic Nor Freeze

Coherent Corp (COHR) concluded trading on Wednesday at a closing price of $63.04, with 8.04 million shares of worth about $506.92 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -33.77% during that period and on April 09, 2025 the price saw a gain of about 22.67%. Currently the company’s common shares owned by public are about 154.94M shares, out of which, 153.00M shares are available for trading.

Stock saw a price change of -6.66% in past 5 days and over the past one month there was a price change of -5.17%. Year-to-date (YTD), COHR shares are showing a performance of -33.45% which increased to 9.84% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $45.58 but also hit the highest price of $113.60 during that period. The average intraday trading volume for Coherent Corp shares is 4.35 million. The stock is currently trading -2.35% below its 20-day simple moving average (SMA20), while that difference is down -15.43% for SMA50 and it goes to -25.47% lower than SMA200.

Coherent Corp (NYSE: COHR) currently have 154.94M outstanding shares and institutions hold larger chunk of about 93.08% of that.

The stock has a current market capitalization of $9.77B and its 3Y-monthly beta is at 1.90. 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 19.47% while standing at 9.46% over the month.

Stock’s fiscal year EPS is expected to rise by 106.01% while it is estimated to increase by 27.92% in next year.

Coverage by Rosenblatt stated Coherent Corp (COHR) stock as a Buy in their note to investors on April 04, 2025, suggesting a price target of $85 for the stock. Stock get a Buy rating from Jefferies on December 04, 2024.

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