COHR - Coherent Inc Stock Price, Fair Value and News

54.39USD+0.70 (+1.30%)Market Closed

Market Summary

USD54.39+0.70

Market Closed

1.30%

COHR Alerts

2 major insider sales recently.

Big fall in earnings (Y/Y)
Losses in recent quarter

COHR Stock Price

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COHR RSI Chart

COHR Valuation

Market Cap

8.3B

Price/Earnings (Trailing)

-28.74

Price/Sales (Trailing)

1.8

EV/EBITDA

59.08

Price/Free Cashflow

36.86

COHR Price/Sales (Trailing)

COHR Profitability

Operating Margin

80.16%

EBT Margin

-8.50%

Return on Equity

-5.06%

Return on Assets

-1.99%

Free Cashflow Yield

2.71%

COHR Fundamentals

COHR Revenue

Revenue (TTM)

4.6B

Rev. Growth (Yr)

-2.53%

Rev. Growth (Qtr)

6.84%

COHR Earnings

Earnings (TTM)

-288.5M

Earnings Growth (Yr)

-717.83%

Earnings Growth (Qtr)

41.72%

Breaking Down COHR Revenue

Last 7 days

-6.1%

Last 30 days

1.5%

Last 90 days

-10.2%

Trailing 12 Months

95.6%

How does COHR drawdown profile look like?

COHR Financial Health

Current Ratio

2.71

Debt/Equity

0.72

Debt/Cashflow

0.14

COHR Investor Care

Shares Dilution (1Y)

9.39%

Diluted EPS (TTM)

-2.87

Historical Charts for Stock Metrics

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Net sales

Year	Q1	Q2	Q3	Q4
2024	4.6B	0	0	0
2023	4.8B	5.2B	4.9B	4.6B
2022	3.2B	3.3B	3.9B	4.4B
2021	3.0B	3.1B	3.2B	3.2B
2020	2.0B	2.4B	2.8B	2.9B
2019	1.3B	1.4B	1.4B	1.7B
2018	1.1B	1.2B	1.2B	1.3B
2017	939.8M	972.0M	1.0B	1.1B
2016	782.4M	827.2M	859.5M	899.9M
2015	733.2M	742.0M	745.3M	760.0M
2014	649.4M	683.3M	719.1M	724.0M
2013	534.0M	551.1M	573.1M	619.8M
2012	529.5M	534.6M	524.3M	522.6M
2011	484.3M	502.8M	521.0M	526.9M
2010	331.9M	345.1M	399.7M	451.8M
2009	0	292.2M	305.4M	318.7M

Get all data in R, Python etc through our Historical Stock Data APIs

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Russell 2000 Index: $10,334
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Tracking the Latest Insider Buys and Sells of Coherent Inc

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
May 01, 2024	bashaw walter robert ii	sold	-238,503	54.5149	-4,375	president
Apr 15, 2024	mattera vincent d jr	sold	-265,483	53.0966	-5,000	chief executive officer
Apr 01, 2024	bashaw walter robert ii	sold	-264,414	60.4374	-4,375	president
Mar 15, 2024	mattera vincent d jr	sold	-294,570	58.9139	-5,000	chief executive officer
Mar 14, 2024	bashaw walter robert ii	acquired	-	-	3,800	president
Mar 14, 2024	bashaw walter robert ii	sold	-492,186	60.2063	-8,175	president
Feb 28, 2024	mocciaro ilaria	sold (taxes)	-	-	-708	svp, cao and corp controller
Feb 15, 2024	koeppen christopher	sold	-124,040	62.02	-2,000	chief innovation officer
Jan 30, 2024	koeppen christopher	sold	-93,000	50.00	-1,860	chief innovation officer

Which funds bought or sold COHR recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 10, 2024	BlackRock Inc.	added	2.82	224,906,000	745,689,000	0.02%
May 10, 2024	CIBC Private Wealth Group, LLC	new	-	82,800	82,800	-%
May 10, 2024	Kopion Asset Management, LLC	reduced	-36.77	-1,321,000	9,736,660	6.92%
May 10, 2024	MACKENZIE FINANCIAL CORP	sold off	-100	-515,482	-	-%
May 10, 2024	WELLS FARGO & COMPANY/MN	reduced	-21.96	2,056,920	25,747,200	0.01%
May 10, 2024	Pacer Advisors, Inc.	reduced	-6.1	425,722	1,809,630	-%
May 10, 2024	PNC Financial Services Group, Inc.	added	4.64	1,012,680	3,227,530	-%
May 10, 2024	DIMENSIONAL FUND ADVISORS LP	reduced	-4.32	48,003,800	192,417,000	0.05%
May 10, 2024	OSAIC HOLDINGS, INC.	added	39.23	340,903	703,971	-%
May 10, 2024	LPL Financial LLC	reduced	-0.3	1,210,650	4,327,260	-%

Are Funds Buying or Selling COHR?

Are funds buying COHR calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own COHR

No. of Funds

Unveiling Coherent Inc's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Mar 07, 2024	bcpe watson (de) bml, lp	15.6%	28,111,651	SC 13D/A
Feb 13, 2024	dodge & cox	12.4%	18,735,408	SC 13G/A
Jan 26, 2024	blackrock inc.	7.9%	11,963,779	SC 13G/A
Jan 10, 2024	vanguard group inc	10.05%	15,224,213	SC 13G/A
Oct 11, 2022	wellington management group llp	0.00%	0	SC 13G/A
Mar 11, 2022	blackrock inc.	8.8%	2,160,905	SC 13G/A
Feb 11, 2022	hartford mutual funds inc/ct	0%	0	SC 13G
Feb 11, 2022	pentwater capital management lp	5.66%	1,402,000	SC 13G
Feb 09, 2022	vanguard group inc	9.33%	2,304,898	SC 13G/A
Feb 09, 2022	goldman sachs group inc	7.5%	1,857,603	SC 13G

Recent SEC filings of Coherent Inc

View All Filings

Date Filed	Form Type	Document
May 10, 2024	144	Notice of Insider Sale Intent
May 10, 2024	4	Insider Trading
May 10, 2024	4/A	Insider Trading
May 07, 2024	10-Q	Quarterly Report
May 06, 2024	8-K	Current Report
May 01, 2024	144	Notice of Insider Sale Intent
May 01, 2024	4	Insider Trading
Apr 15, 2024	144	Notice of Insider Sale Intent
Apr 15, 2024	4	Insider Trading
Apr 03, 2024	8-K	Current Report

Coherent Inc News

Latest updates

Coherent Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Income Statement (Quarterly)																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	6.8%	1,209	1,131	1,053	1,205	1,240	1,370	1,345	887	828	807	795	808	783	787	728	746	627	666	340	363	342
Cost Of Revenue	-	-	-	-	-	-	-	-	-	216	217	240	240	233	206	205	203	199	212	227	241	242
Gross Profit	-	-	-	-	-	-	-	-	-	155	168	152	156	141	120	112	95.00	94.00	109	108	98.00	131
Costs and Expenses	6.1%	1,241	1,169	1,141	1,438	1,245	1,437	1,396	838	765	727	705	715	690	680	669	706	594	774	371	328	315
Operating Expenses	-	-	-	-	-	-	-	-	-	100	125	113	114	337	103	103	96.00	543	99.00	100	105	102
S&GA Expenses	-1.9%	205	209	212	256	226	274	280	116	118	118	123	127	122	109	107	134	82.00	119	105	62.00	60.00
R&D Expenses	14.7%	127	111	113	123	126	129	121	96.00	97.00	95.00	89.00	84.00	83.00	85.00	78.00	100	95.00	108	36.00	36.00	36.00
EBITDA Margin	-13.6%	0.04*	0.05*	0.04*	0.04*	0.09*	0.10*	0.14*	0.18*	0.19*	0.19*	0.20*	0.19*	-	-	-	-	-	-	-	-	-
Interest Expenses	-2.6%	73.00	75.00	73.00	79.00	75.00	71.00	62.00	49.00	43.00	17.00	12.00	14.00	13.00	16.00	17.00	26.00	29.00	28.00	7.00	6.00	6.00
Income Taxes	-80.5%	-16.12	-8.93	-20.76	-55.20	-7.29	-21.28	-12.32	5.00	14.00	12.00	16.00	11.00	12.00	18.00	13.00	-10.55	27.00	-9.24	-4.52	7.00	2.00
Earnings Before Taxes	14.9%	-31.85	-37.41	-88.30	-233	-4.75	-66.35	-51.02	49.00	63.00	79.00	90.00	93.00	93.00	106	60.00	41.00	33.00	-107	-30.52	35.00	27.00
EBT Margin	-8.2%	-0.09*	-0.08*	-0.08*	-0.07*	-0.02*	0.00*	0.04*	0.08*	0.10*	0.11*	0.12*	0.11*	-	-	-	-	-	-	-	-	-
Net Income	41.7%	-15.73	-26.99	-67.53	-178	3.00	-45.07	-38.70	44.00	49.00	68.00	74.00	82.00	81.00	88.00	46.00	51.00	6.00	-98.21	-26.00	28.00	25.00
Net Income Margin	-7.5%	-0.06*	-0.06*	-0.06*	-0.05*	-0.01*	0.00*	0.03*	0.07*	0.08*	0.10*	0.10*	0.10*	-	-	-	-	-	-	-	-	-
Free Cashflow	199.5%	24.00	-24.30	137	88.00	55.00	114	-59.41	19.00	-58.38	134	5.00	86.00	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Assets	-1.0%	14,520	14,663	13,521	13,711	14,118	14,109	13,831	7,845	7,767	7,649	6,516	6,513	6,362	5,647	5,471	5,235	5,107	5,208	5,371	1,954	1,942
Current Assets	3.8%	3,550	3,422	3,244	3,252	3,407	3,416	3,395	4,305	4,234	4,166	3,051	3,027	2,889	2,138	1,992	1,789	1,591	1,589	1,756	813	817
Cash Equivalents	109.3%	1,792	856	945	821	906	897	904	2,582	2,600	2,650	1,560	1,592	1,535	835	684	493	388	377	440	205	221
Inventory	0.0%	1,292	1,292	1,281	1,272	1,394	1,367	1,347	903	880	819	747	696	674	657	640	620	628	663	744	296	302
Net PPE	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,347	1,336	583	570
Goodwill	-1.6%	4,493	4,566	4,460	4,513	4,505	4,427	5,285	1,286	1,293	1,293	1,295	1,297	1,294	29.00	19.00	1,239	1,282	1,097	759	320	22.00
Liabilities	-0.5%	6,481	6,517	6,418	6,482	6,667	6,748	6,668	3,462	3,383	3,366	2,321	2,380	2,320	2,410	2,424	3,158	3,089	3,143	3,239	821	828
Current Liabilities	10.3%	1,311	1,188	1,083	1,079	1,107	1,133	1,183	1,267	2,124	2,083	1,029	730	679	664	645	673	569	572	546	271	240
Short Term Borrowings	-	-	-	-	-	-	-	-	-	10.00	9.00	18.00	18.00	17.00	17.00	17.00	17.00	16.00	17.00	15.00	45.00	47.00
Long Term Debt	-1.3%	4,083	4,137	4,219	4,235	4,350	4,423	4,494	1,897	929	943	956	1,313	1,323	1,409	1,468	2,186	2,213	2,228	2,333	443	485
LT Debt, Current	1.2%	75.00	75.00	75.00	75.00	75.00	75.00	129	403	1,384	1,378	420	62.00	62.00	62.00	62.00	69.00	69.00	69.00	45.00	24.00	24.00
LT Debt, Non Current	-100.0%	-	4,137	4,219	4,235	4,350	4,423	4,494	1,897	929	943	956	1,313	1,323	1,409	1,468	2,186	2,213	2,228	2,333	443	485
Shareholder's Equity	4.3%	5,706	5,471	4,832	4,988	5,239	5,179	5,009	3,616	3,628	3,537	3,458	3,406	3,325	3,237	3,047	2,077	2,018	2,066	2,131	1,133	1,114
Retained Earnings	-5.6%	745	789	847	944	1,159	1,193	1,274	1,348	1,322	1,290	1,239	1,137	1,071	997	916	877	825	819	918	944	916
Additional Paid-In Capital	-	-	-	-	-	-	-	-	-	131	124	123	113	97.00	89.00	80.00	66.00	45.00	34.00	34.00	24.00	35.00
Minority Interest	-0.8%	370	373	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Float	-	-	-	-	-	-	4,841	-	-	-	7,195	-	-	-	7,871	-	-	-	3,032	-	-	-

Cashflow (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Cashflow (Quarterly)																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	74.8%	117	67.00	199	182	152	220	80.00	137	36.00	188	52.00	128	91.00	221	134	177	64.00	82.00	-25.61	64.00	26.00
Share Based Compensation	-4.6%	25.00	27.00	46.00	25.00	35.00	35.00	54.00	16.00	17.00	17.00	24.00	17.00	16.00	22.00	16.00	20.00	15.00	19.00	16.00	6.00	7.00
Cashflow From Investing	-2.1%	-93.38	-91.47	-64.17	-94.81	-97.14	-108	-5,628	-118	-100	-54.12	-47.56	-32.14	-27.06	-43.90	-69.86	-31.66	-29.63	-53.81	-1,064	-27.58	-63.44
Cashflow From Financing	-104.4%	-38.84	877	-17.88	-127	-73.55	-157	3,913	-28.33	-19.59	947	-35.97	-33.46	636	-50.16	123	-38.27	-20.15	-94.56	1,327	-51.99	26.00
Buy Backs	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.00	-	-	2.00	-

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COHR Income Statement

2024-03-31

Condensed Consolidated Statements of Earnings (Loss) (Unaudited) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Mar. 31, 2024	Mar. 31, 2023	Mar. 31, 2024	Mar. 31, 2023
Income Statement [Abstract]
Revenues	$ 1,208,809	$ 1,240,194	$ 3,393,326	$ 3,955,049
Costs, Expenses, and Other Expense (Income)
Cost of goods sold	842,322	820,038	2,369,303	2,680,131
Internal research and development	127,485	126,382	352,136	376,257
Selling, general and administrative	205,167	226,386	626,027	780,551
Restructuring charges	11,530	0	12,978	0
Interest expense	72,753	75,183	220,689	207,976
Other income, net	(18,597)	(3,048)	(30,252)	32,253
Total Costs, Expenses, & Other Expense	1,240,660	1,244,941	3,550,881	4,077,168
Loss Before Income Taxes	(31,851)	(4,747)	(157,555)	(122,119)
Income Tax Benefit	(16,121)	(7,293)	(45,816)	(40,895)
Net Earnings (Loss)	(15,730)	2,546	(111,739)	(81,224)
Net Loss Attributable to Noncontrolling Interests	(2,543)	0	(4,027)	0
Net Earnings (Loss) Attributable to Coherent Corp.	(13,187)	2,546	(107,712)	(81,224)
Less: Dividends on Preferred Stock	31,193	36,071	91,946	107,537
Net Loss Available to the Common Shareholders	$ (44,380)	$ (33,525)	$ (199,658)	$ (188,761)
Basic Loss Per Share (in usd per share)	$ (0.29)	$ (0.24)	$ (1.32)	$ (1.38)
Diluted Loss Per Share (in usd per share)	$ (0.29)	$ (0.24)	$ (1.32)	$ (1.38)

COHR Balance Sheet

2024-03-31

Condensed Consolidated Balance Sheets (Unaudited) - USD ($) $ in Thousands	Mar. 31, 2024	Jun. 30, 2023
Current Assets
Cash and cash equivalents	$ 898,578	$ 821,310
Restricted cash, current	183,611	12,023
Accounts receivable - less allowance for doubtful accounts of $10,605 at March 31, 2024 and $8,005 at June 30, 2023	955,644	901,531
Inventories	1,291,703	1,272,333
Prepaid and refundable income taxes	18,971	28,271
Prepaid and other current assets	201,727	216,530
Total Current Assets	3,550,234	3,251,998
Property, plant & equipment, net	1,851,383	1,782,035
Goodwill	4,493,225	4,512,700
Other intangible assets, net	3,586,302	3,814,684
Deferred income taxes	39,485	37,748
Restricted cash, non-current	710,270	4,233
Other assets	289,513	307,735
Total Assets	14,520,412	13,711,133
Current Liabilities
Current portion of long-term debt	75,469	74,836
Accounts payable	593,504	405,308
Accrued compensation and benefits	177,399	175,564
Operating lease current liabilities	38,321	38,271
Accrued income taxes payable	116,455	74,488
Other accrued liabilities	309,480	310,281
Total Current Liabilities	1,310,628	1,078,748
Long-term debt	4,082,656	4,234,962
Deferred income taxes	748,453	780,307
Operating lease liabilities	138,305	140,748
Other liabilities	201,240	247,402
Total Liabilities	6,481,282	6,482,167
Mezzanine Equity
Series B redeemable convertible preferred stock, no par value, 5% cumulative; issued - 215,000 shares at March 31, 2024 and June 30, 2023; redemption value - $2,397,885 and $2,309,966, respectively	2,333,361	2,241,415
Shareholders' Equity
Series A preferred stock, no par value, 6% cumulative; issued - 0 and 2,300,000 shares at March 31, 2024 and June 30, 2023, respectively	0	445,319
Common stock, no par value; authorized - 300,000,000 shares; issued - 167,990,097 shares at March 31, 2024; 154,719,413 shares at June 30, 2023	4,835,261	3,781,211
Accumulated other comprehensive income	67,352	109,726
Retained earnings	744,792	944,416
Shareholders' equity excluding treasury stock	5,647,405	5,280,672
Treasury stock, at cost; 15,572,135 shares at March 31, 2024 and 15,135,711 shares at June 30, 2023	(311,953)	(293,121)
Total Coherent Corp. Shareholders’ Equity	5,335,452	4,987,551
Noncontrolling interests (NCI)	370,317	0
Total Equity	5,705,769	4,987,551
Total Liabilities, Mezzanine Equity and Equity	$ 14,520,412	$ 13,711,133

About Coherent Inc

Coherent Corp. develops, manufactures, and markets engineered materials, optoelectronic components, and devices worldwide. It operates through two segments: Compound Semiconductors and Photonic Solutions. The Compound Semiconductors segment provides optical and electro-optical components and materials used in CO2 lasers, fiber-lasers, and direct diode lasers for materials processing applications; infrared optical components and high-precision optical assemblies for aerospace and defense, medical, and commercial laser imaging applications; semiconductor lasers and detectors for optical interconnects and sensing applications; engineered materials for thermoelectric, ceramics, and silicon carbide various applications; and compound semiconductor epitaxial wafers for applications in optical and wireless communication. The Photonic Solutions segment manufactures transceivers for data centers and telecom optical networks; pump lasers, optical amplifiers, wavelength selective switches, and advanced components for telecom networks; and crystal materials, optics, lasers, and optoelectronic modules in a range of applications, including optical communications, life sciences, and consumer electronics markets. It serves original equipment manufacturers, laser end users, system integrators of high-power lasers, U.S. government prime contractors, and various U.S. government agencies, as well as manufacturers of equipment and devices for industrial, optical communications, electronics, and instrumentation applications. The company was formerly known as II-VI Incorporated and changed its name to Coherent Corp. in September 2022. Coherent Corp. was incorporated in 1971 and is headquartered in Saxonburg, Pennsylvania.

CEO	Dr. Vincent D. Mattera Jr., Ph.D.
WEBSITE	coherent.com
INDUSTRY	Consumer Electronics
EMPLOYEES	26622

Coherent Inc Frequently Asked Questions

What is the ticker symbol for Coherent Inc? What does COHR stand for in stocks?

COHR is the stock ticker symbol of Coherent Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Coherent Inc (COHR)?

As of Mon May 13 2024, market cap of Coherent Inc is 8.29 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of COHR stock?

You can check COHR's fair value in chart for subscribers.

What is the fair value of COHR stock?

You can check COHR's fair value in chart for subscribers. The fair value of Coherent Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Coherent Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for COHR so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Coherent Inc a good stock to buy?

The fair value guage provides a quick view whether COHR is over valued or under valued. Whether Coherent Inc is cheap or expensive depends on the assumptions which impact Coherent Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for COHR.

What is Coherent Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Mon May 13 2024, COHR's PE ratio (Price to Earnings) is -28.74 and Price to Sales (PS) ratio is 1.8. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. COHR PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Coherent Inc's stock?

In the past 10 years, Coherent Inc has provided 0.15 (multiply by 100 for percentage) rate of return.