Home News Latest Trend: Coherent (NASDAQ: COHR)

Latest Trend: Coherent (NASDAQ: COHR)

SHARE

Coherent trades as part of the technology sector and trades as part of 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 -0.48% with an open at 155.94 and a close of 155.44. It reached an intraday high of 157.49 and a low of 153.56.

SeekingAlpha:  Coherent CEO retiring

Liquidity:

The stock has a market cap of $3.8b with 24.3m shares outstanding, of which the float is 24.0m shares. Trading volume reached 206,634 shares compared to its average volume of 355,780 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 3.47% and in the past 30 trading days it returned 14.75%. Over three months, it changed 35.78%. In one year it has changed -11.66% and within that year its 52-week high was 192.37 and its 52-week low was 90.10. COHR stock is 72.52% above its 52 Week Low.

Our calculations show a 200 day moving average of 144.85 and a 50 day moving average of 137.60. Currently COHR stock is trading 7.31% above its 200 day moving average.

PR Newswire:  John Ambroseo Announces Retirement as CEO by April 2021 and Enters into a Transition Service Agreement with Coherent, Inc.

Earnings:

The last annual fiscal EPS for the company was reported at 9.94 that ended on 30th of September 2018, which according to the previous close, that is a PE of 15.64. Based on 1 analyst estimate, the estimated EPS for the next quarter is 1.85. The TTM EPS is 11.48, which comes to a TTM PE of 13.54. Historically, the PE high was 78.50 and the PE low was 13.54. COHR stock has set a new PE low record!

Base on our calculations, the intrinsic value per share is 247.94, which means it is possibly undervalued and has a margin of safety of 37.31%

Indicators to Watch:

Based on the latest filings, there is 1.50% of insider ownership and 152.50% of institutional ownership. Short-interest is 0, which is 0.00% of shares outstanding. The short-interest ratio or days-to-cover ratio is 0.00.

The current calculated beta is 1.59

PR Newswire:  John Ambroseo Announces Retirement as CEO by April 2021 and Enters into a Transition Service Agreement with Coherent, Inc.

Fundamental Indicators:

Based on last reported financials, the company’s return on equity is 19.18%, return on assets is 10.64%, profit margin is 13.24%, price-to-sales is 2.86 and price-to-book is 2.88.

Company Scores:

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

SHARE
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.