Home News Latest Technicals: Coherent (NASDAQ: COHR)

Latest Technicals: Coherent (NASDAQ: COHR)


Coherent trades as part of the computer hardware industry and trades as part of the technology sector. 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 3.47% with an open at 115.07 and a close of 116.53. It reached an intraday high of 117.37 and a low of 114.69.

SeekingAlpha:  Applied Energetics To Acquire Applied Optical Sciences For Ultra-Short Pulsed Laser Tech


The stock has a market cap of $2.8b with 24.2m shares outstanding, of which the float is 23.8m shares. Trading volume reached 270,668 shares compared to its average volume of 376,841 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 3.01% and in the past 30 trading days it returned -25.27%. Over three months, it changed -14.34%. In one year it has changed -29.98% and within that year its 52-week high was 192.37 and its 52-week low was 90.10. COHR stock is 29.33% above its 52 Week Low.

Our calculations show a 200 day moving average of 139.25 and a 50 day moving average of 138.85. Currently COHR stock is trading -16.32% below its 200 day moving average and may not be a good opportunity to buy as it may continue to trend down.

SeekingAlpha:  Applied Energetics To Acquire Applied Optical Sciences For Ultra-Short Pulsed Laser Tech


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 11.72. 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 10.15. Historically, the PE high was 78.50 and the PE low was 10.15. COHR stock has set a new PE low record!

Below was the last reported quarterly diluted earnings per share:

1stQtr of 2019 (Reported on 04/30/2019): 0.85
4thQtr of 2018 (Reported on 01/29/2019): 1.45
3rdQtr of 2018 (Reported on 11/06/2018): 2.99
2ndQtr of 2018 (Reported on 07/31/2018): 2.69
1stQtr of 2018 (Reported on 05/01/2018): 2.61

Base on our calculations, the intrinsic value per share is 85.70, which means it may be overvalued by -35.97%.

Indicators to Watch:

The current calculated beta is 1.74.

PR Newswire:  Energizer Holdings, Inc. Announces Agreement To Sell The Europe-Based Varta® Consumer Battery Business For $401.0 Million

Fundamental Indicators:

Based on last reported financials, the company’s return on assets is 8.62%, profit margin is 11.56%, price-to-sales is 1.60 and price-to-book is 2.08.

Company Scores:

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