Is Coherent Stock a Good Investment?
Coherent Investment Advice | COHR |
- Examine Coherent's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research Coherent's leadership team and their track record. Good management can help Coherent navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Electronic Equipment, Instruments & Components space and any emerging trends that could impact Coherent's business and its evolving consumer preferences.
- Compare Coherent's performance and market position to its competitors. Analyze how Coherent is positioned in terms of product offerings, innovation, and market share.
- Check if Coherent pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Coherent's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Coherent stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Coherent is a good investment.
Sell | Buy |
Strong Sell
Market Performance | Good | Details | |
Volatility | Very steady | Details | |
Hype Condition | Under hyped | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Actively responds to the market | Details | |
Investor Sentiment | Impartial | Details | |
Analyst Consensus | Strong Buy | Details | |
Financial Strenth (F Score) | Healthy | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Possible Manipulator | Details |
Examine Coherent Stock
Researching Coherent's stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 95.0% of the company shares are held by institutions such as insurance companies. The book value of Coherent was currently reported as 35.6. The company has Price/Earnings To Growth (PEG) ratio of 0.34. Coherent recorded a loss per share of 1.23. The entity last dividend was issued on the 17th of December 2012. The firm had 2:1 split on the 27th of June 2011.
To determine if Coherent is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Coherent's research are outlined below:
| Coherent appears to be risky and price may revert if volatility continues | |
| The company reported the previous year's revenue of 4.71 B. Net Loss for the year was (158.76 M) with profit before overhead, payroll, taxes, and interest of 1.78 B. | |
| Over 95.0% of the company shares are held by institutions such as insurance companies | |
| Latest headline from finance.yahoo.com: Elisa Oyj Launches Worlds First 800ZR Coherent Services with Juniper Networks, Pioneering Finlands Mobile and Fiber Infrastructure |
Coherent Quarterly Cost Of Revenue |
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Coherent uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Coherent. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Coherent's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 5th of February 2024 Upcoming Quarterly Report | View | |
| 8th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 20th of August 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 30th of June 2023 Last Financial Announcement | View |
Earnings surprises can significantly impact Coherent's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate. Below are the table of largest EPS Surprises Coherent's investors have experienced.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2005-04-20 | 2005-03-31 | 0.1 | 0.11 | 0.01 | 10 | ||
2003-08-06 | 2003-06-30 | 0.05 | 0.06 | 0.01 | 20 | ||
2003-04-23 | 2003-03-31 | 0.04 | 0.05 | 0.01 | 25 | ||
2002-10-16 | 2002-09-30 | 0.03 | 0.04 | 0.01 | 33 | ||
2002-08-07 | 2002-06-30 | 0.02 | 0.03 | 0.01 | 50 | ||
2001-08-08 | 2001-06-30 | 0.04 | 0.05 | 0.01 | 25 | ||
2008-04-22 | 2008-03-31 | 0.2 | 0.22 | 0.02 | 10 | ||
2005-10-19 | 2005-09-30 | 0.1 | 0.12 | 0.02 | 20 |
Know Coherent's Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Coherent is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Coherent backward and forwards among themselves. Coherent's institutional investor refers to the entity that pools money to purchase Coherent's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Westport Asset Management Inc | 2024-06-30 | 3.5 K | 1620 Investment Advisors Inc | 2024-09-30 | 2.4 K | Huntington National Bank | 2024-09-30 | 2.0 | Maxi Investments Cy Ltd | 2024-06-30 | 0.0 |
Coherent's market capitalization trends
The company currently falls under 'Large-Cap' category with a current market capitalization of 15.17 B.Market Cap |
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Coherent's profitablity analysis
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | (0.04) | (0.04) | |
| Return On Capital Employed | 0.01 | 0.01 | |
| Return On Assets | (0.02) | (0.02) | |
| Return On Equity | (0.04) | (0.04) |
Determining Coherent's profitability involves analyzing its financial statements and using various financial metrics to determine if Coherent is a good buy. For example, gross profit margin measures Coherent's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Coherent's profitability and make more informed investment decisions.
Coherent's Earnings Breakdown by Geography
Evaluate Coherent's management efficiency
Coherent has return on total asset (ROA) of 0.0107 % which means that it generated a profit of $0.0107 on every $100 spent on assets. This is way below average. Coherent's management efficiency ratios could be used to measure how well Coherent manages its routine affairs as well as how well it operates its assets and liabilities. As of 11/30/2024, Return On Tangible Assets is likely to grow to -0.04. In addition to that, Return On Capital Employed is likely to drop to 0.01. At this time, Coherent's Intangible Assets are relatively stable compared to the past year. As of 11/30/2024, Other Assets is likely to grow to about 422.3 M, while Non Current Assets Total are likely to drop slightly above 10.5 B.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 52.40 | 55.02 | |
| Tangible Book Value Per Share | (0.14) | (0.13) | |
| Enterprise Value Over EBITDA | 21.10 | 22.15 | |
| Price Book Value Ratio | 1.46 | 1.75 | |
| Enterprise Value Multiple | 21.10 | 22.15 | |
| Price Fair Value | 1.46 | 1.75 | |
| Enterprise Value | 832.6 M | 874.2 M |
Examining the leadership quality of Coherent offers valuable insights into its operational efficiency and financial health. This analysis assists investors in making informed decisions regarding the stock.
Beta 1.654 |
Basic technical analysis of Coherent Stock
As of the 30th of November, Coherent shows the Risk Adjusted Performance of 0.1028, downside deviation of 3.35, and Mean Deviation of 2.43. Coherent technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Please confirm Coherent variance, as well as the relationship between the value at risk and skewness to decide if Coherent is priced correctly, providing market reflects its regular price of 100.16 per share. Given that Coherent has jensen alpha of 0.1926, we suggest you to validate Coherent's prevailing market performance to make sure the company can sustain itself at a future point.Coherent's insider trading activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Coherent insiders, such as employees or executives, is commonly permitted as long as it does not rely on Coherent's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Coherent insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Richard Martucci over three months ago Acquisition by Richard Martucci of 12867 shares of Coherent subject to Rule 16b-3 | ||
Xia Howard H. over three months ago Disposition of 1000 shares by Xia Howard H. of Coherent at 13.99 subject to Rule 16b-3 | ||
Julie Eng over six months ago Disposition of 3670 shares by Julie Eng of Coherent subject to Rule 16b-3 | ||
Ilaria Mocciaro over six months ago Disposition of 708 shares by Ilaria Mocciaro of Coherent subject to Rule 16b-3 | ||
Christopher Koeppen over six months ago Disposition of 2000 shares by Christopher Koeppen of Coherent at 62.02 subject to Rule 16b-3 | ||
Xia Howard H over six months ago Exercise or conversion by Xia Howard H of 3440 shares of Coherent subject to Rule 16b-3 | ||
Xia Howard H over a year ago Acquisition by Xia Howard H of 5700 shares of Coherent subject to Rule 16b-3 |
Coherent's Outstanding Corporate Bonds
Coherent issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Coherent uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Coherent bonds can be classified according to their maturity, which is the date when Coherent has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
| Boeing Co 2196 Corp BondUS097023DG73 | View | |
| HSBC Holdings PLC Corp BondUS404280DR76 | View | |
| CCOI 7 15 JUN 27 Corp BondUS19240CAE30 | View | |
| US19240CAC73 Corp BondUS19240CAC73 | View | |
| MPLX LP 52 Corp BondUS55336VAL45 | View | |
| Morgan Stanley 3591 Corp BondUS61744YAK47 | View |
Understand Coherent's technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Coherent's various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | 0.1028 | |||
| Market Risk Adjusted Performance | 0.2506 | |||
| Mean Deviation | 2.43 | |||
| Semi Deviation | 2.95 | |||
| Downside Deviation | 3.35 | |||
| Coefficient Of Variation | 804.02 | |||
| Standard Deviation | 3.38 | |||
| Variance | 11.4 | |||
| Information Ratio | 0.0836 | |||
| Jensen Alpha | 0.1926 | |||
| Total Risk Alpha | (0.15) | |||
| Sortino Ratio | 0.0844 | |||
| Treynor Ratio | 0.2406 | |||
| Maximum Drawdown | 15.34 | |||
| Value At Risk | (4.90) | |||
| Potential Upside | 6.27 | |||
| Downside Variance | 11.21 | |||
| Semi Variance | 8.68 | |||
| Expected Short fall | (2.50) | |||
| Skewness | 0.2268 | |||
| Kurtosis | 1.17 |
| Risk Adjusted Performance | 0.1028 | |||
| Market Risk Adjusted Performance | 0.2506 | |||
| Mean Deviation | 2.43 | |||
| Semi Deviation | 2.95 | |||
| Downside Deviation | 3.35 | |||
| Coefficient Of Variation | 804.02 | |||
| Standard Deviation | 3.38 | |||
| Variance | 11.4 | |||
| Information Ratio | 0.0836 | |||
| Jensen Alpha | 0.1926 | |||
| Total Risk Alpha | (0.15) | |||
| Sortino Ratio | 0.0844 | |||
| Treynor Ratio | 0.2406 | |||
| Maximum Drawdown | 15.34 | |||
| Value At Risk | (4.90) | |||
| Potential Upside | 6.27 | |||
| Downside Variance | 11.21 | |||
| Semi Variance | 8.68 | |||
| Expected Short fall | (2.50) | |||
| Skewness | 0.2268 | |||
| Kurtosis | 1.17 |
Consider Coherent's intraday indicators
Coherent intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Coherent stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
| Accumulation Distribution | 25592.35 | |||
| Daily Balance Of Power | 0.8961 | |||
| Rate Of Daily Change | 1.02 | |||
| Day Median Price | 100.03 | |||
| Day Typical Price | 100.07 | |||
| Price Action Indicator | 1.17 | |||
| Period Momentum Indicator | 2.07 | |||
| Relative Strength Index | 74.29 |
Coherent Corporate Filings
F4 | 27th of November 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
8K | 19th of November 2024 An amendment to a previously filed Form 8-K | ViewVerify |
8K | 18th of November 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
13A | 7th of November 2024 An amended filing to the original Schedule 13G | ViewVerify |
Coherent Stock media impact
Far too much social signal, news, headlines, and media speculation about Coherent that are available to investors today. That information is available publicly through Coherent media outlets and privately through word of mouth or via Coherent internal channels. However, regardless of the origin, that massive amount of Coherent data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of Coherent news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Coherent relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Coherent's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Coherent alpha.
Coherent Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards Coherent can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Coherent Historical Investor Sentiment
Investor biases related to Coherent's public news can be used to forecast risks associated with an investment in Coherent. The trend in average sentiment can be used to explain how an investor holding Coherent can time the market purely based on public headlines and social activities around Coherent. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Coherent's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Coherent and other traded tickers. The bigger the bubble, the more accurate the estimated score. Higher bars for a given day show more participation in the average Coherent news discussions. The higher the estimate score, the more favorable the investor's outlook on Coherent.
Coherent Corporate Management
| Julie Eng | Chief Officer | Profile | |
| Rob Beard | Chief Secretary | Profile | |
| Beck Mason | Executive Telecommunications | Profile | |
| Marie Martin | Chief Officer | Profile | |
| Christopher Koeppen | Chief Officer | Profile | |
| Sanjai Parthasarathi | Chief Officer | Profile |
Additional Tools for Coherent Stock Analysis
When running Coherent's price analysis, check to measure Coherent's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Coherent is operating at the current time. Most of Coherent's value examination focuses on studying past and present price action to predict the probability of Coherent's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Coherent's price. Additionally, you may evaluate how the addition of Coherent to your portfolios can decrease your overall portfolio volatility.