Home News Valuation Today: Coherent (NASDAQ: COHR)

Valuation Today: Coherent (NASDAQ: COHR)


Coherent is part of the technology sector and is in the computer hardware industry. The company CEO is John R. Ambroseo. Coherent Inc is a supplier of photonics-based solutions in a range of commercial and scientific research applications. It designs, manufactures, services and markets lasers and related accessories for a diverse group of customers.

Previous Intraday Trading Performance:

The COHR stock showed a previous change of 2.34% with an open at 159.01 and a close of 161.52. It reached an intraday high of 162.86 and a low of 157.47.

SeekingAlpha:  By The Numbers: High-Quality Stocks In Technology


The stock has a market cap of $4.0b with 24.9m shares outstanding, of which the float is 24.6m shares. Trading volume reached 296,929 shares compared to its average volume of 541,244 shares. Based on the current average volume and close price, the trading liquidity is good.

Historical Trading Performance:

Over the last five trading days, Coherent shares returned 6.05% and in the past 30 trading days it returned -7.22%. Over three months, it changed -6.63%. In one year it has changed -32.61% and within that year its 52-week high was 329.00 and its 52-week low was 145.66. COHR stock is 10.89% above its 52 Week Low.

Our calculations show a 200 day moving average of 228.24 and a 50 day moving average of 166.03. Currently COHR stock is trading -29.23% below its 200 day moving average and may not be a good opportunity to buy as it may continue to trend down.

PR Newswire:  Coherent, Inc. to Present at the CJS Securities, Inc. 18th Annual 'New Ideas' Summer Conference


The last annual fiscal EPS for the company was reported at 8.35 that ended on 30th of September 2017, which according to the previous close, that is a PE of 19.34. Based on 1 analyst estimate, the estimated EPS for the next quarter is 3.52. The TTM EPS is 13.85, which comes to a TTM PE of 11.66. Historically, the PE high was 78.50 and the PE low was 11.66. COHR stock has set a new PE low record!

The following are the last four quarter reported earnings per share:
03-31-2018:  3.37
12-31-2017:  3.54
09-30-2017:  3.58
06-30-2017:  3.36

Base on our calculations, the intrinsic value per share is 291.19, which means it is possibly undervalued and has a margin of safety of 44.53%

Indicators to Watch:

Based on the latest filings, there is 1.30% of insider ownership. Short-interest is 2,214,856, which is 8.90% of shares outstanding. The short-interest ratio or days-to-cover ratio is 3.60. This stock has a moderate level of short interest, but may still be a buying opportunity depending on other indicators.

The current calculated beta is 0.98

PR Newswire:  Coherent, Inc. to Present at the CJS Securities, Inc. 18th Annual 'New Ideas' Summer Conference

Fundamental Indicators:

Based on last reported financials, the company's return on equity is 21.37%, return on assets is 10.73%, profit margin is 12.49%, price-to-sales is 2.71 and price-to-book is 3.04.

Company Scores:

All scores are out of six:
 5  :Valuation Score
 5  :Past Performance Score
 5  :Financial Strength Score
 4  :Future Growth Score
 0  :Dividend Score
 4  :Overall Score

John Jones
Worked for several Wall Street firms: Salomon Smith Barney, UBS, and Charles Schwab. Has developed skills and gained extensive experience over the years that is used today to uncover winning penny stocks. Also was an attorney for small businesses in Scottsdale, Arizona. That experience and understanding of law provides a unique perspective and edge in discovering quality companies in various industries.