Coherent Corp: Buy, Hold, or Sell? Analysts Weigh In Amid Market Challenges


Coherent Corp’s stock has seen a smooth market performance. The company’s stock achieved a 1-year high of $67.94 on 03/05/24, and the lowest price during that time was $27.56, recorded on 05/17/23.

52-week price history of COHR Stock

A stock’s 52-week high and low prices can reveal a great deal about its present condition and potential future performance. Coherent Corp’s current trading price is -14.14% away from its 52-week high, while its distance from the 52-week low is 111.65%. The stock’s price range during this period has fluctuated between $27.56 and $67.94. Shares of the company, which operates in the Technology sector, recorded a trading volume of around 2.0 million for the day, which was evidently lower than the average daily volume of 2.01 million over the last three months.

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Financial Performance and Market Capitalization

Coherent Corp (COHR) has experienced a quarterly decline of -3.60% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 8.89B and boasts a workforce of 27000 employees.

Moving average and trading volume data

Based on Barchart.com data, the company’s moving average over the 100-day period was 54.42, with a change in price of +14.32. Similarly, Coherent Corp recorded 2,179,191 in trading volume during the last 100 days, posting a change of +32.54%.

COHR Debt-to-equity ratio analysis

The debt-to-equity (D/E) ratio is a valuable metric that offers insight into a company’s financial health and standing in the market. This ratio is calculated by dividing a company’s current total liabilities by its shareholders’ equity. The D/E ratio illustrates the extent of debt a company is utilizing to support its assets in relation to the value of its shareholders’ equity. At the time of writing, the total D/E ratio for COHR stands at 0.57. Similarly, the long-term debt-to-equity ratio is also 0.55.

COHR Stock Stochastic Average

Coherent Corp’s raw stochastic average for the past 50 days is currently at 50.88%. This represents a fall from the raw stochastic average of the last 20 days, which was recorded at 77.58%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 69.65% and 59.44%, respectively.

COHR Stock Price Performance Analysis

Investors’ outlook regarding the stock price performance over the year has been a mixed bag, with a range of optimism to pessimism depending on their perspective. Until today this year the stock’s price performance recorded an increase of 34.00%. However, over the last six months, the performance has been weaker by 64.63%. The price of COHR increased 12.58% over the last 30 days. And in the last five days, it has surged by 6.99%.

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