Coherent Corp (NYSE: COHR) is -15.02% lower on its value in year-to-date trading and has touched a low of $45.58 and a high of $113.60 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The COHR stock was last observed hovering at around $76.78 in the last trading session, with the day’s gains setting it 3.72%.
Currently trading at $80.50, the stock is 4.34% and 18.29% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.15 million and changing 4.85% at the moment leaves the stock -4.71% off its SMA200. COHR registered 36.00% gain for a year compared to 6-month loss of -17.93%. The firm has a 50-day simple moving average (SMA 50) of $68.0548 and a 200-day simple moving average (SMA200) of $84.4828.
The stock witnessed a 12.37% gain in the last 1 month and extending the period to 3 months gives it a 15.71%, and is -0.85% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 4.10% over the week and 3.11% over the month.
Coherent Corp (COHR) has around 26000 employees, a market worth around $12.51B and $5.60B in sales. Fwd P/E is 18.07. Profit margin for the company is -0.57%. Distance from 52-week low is 76.61% and -29.14% from its 52-week high. The company has generated returns on investments over the last 12 months (-0.27%).
The EPS is expected to grow by 108.98% this year.
Coherent Corp (COHR) Top Institutional Holders
771.0 institutions hold shares in Coherent Corp (COHR), with institutional investors hold 95.53% of the company’s shares. The shares outstanding are 155.35M, and float is at 153.64M with Short Float at 4.70%. Institutions hold 94.43% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 15.41 million shares valued at $1.12 billion. The investor’s holdings represent 10.0966% of the COHR Shares outstanding. As of 2024-06-30, the second largest holder is DODGE & COX with 14.01 million shares valued at $$1.02 billion to account for 9.1832 of the shares outstanding. The other top investors are BLACKROCK INC. which holds 12.29 million shares representing 8.0557% and valued at over $890.76 million, while INVESCO LTD. holds 5.6351 of the shares totaling 8.6 million with a market value of $623.1 million.
Coherent Corp (COHR) Insider Activity
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Coherent Corp disclosed in a document filed with the SEC on May 28 ’25 that Neal-Graves Lisa (Director) sold a total of 1,200 shares of the company’s common stock. The trade occurred on May 28 ’25 and was made at $79.65 per share for $95577.0. Following the transaction, the insider now directly holds 12682.0 shares of the COHR stock.
Still, SEC filings show that on May 28 ’25, LISA NEAL-GRAVES (Director) Proposed Sale 1,200 shares at an average price of $79.65 for $95577.0. The insider now directly holds shares of Coherent Corp (COHR).
