Is Coherent Corp (NYSE: COHR) Still On The Rise?

After Hours

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours.

Stocks Info

This NYSE-listed company operates within the Scientific & Technical Instruments industry segment, falling under the Technology sector. The current market capitalization of Coherent Corp is $15.20B. A total of 2.32 million shares were traded on the day, compared to an average of 2.49M shares.

In the most recent transaction, Koeppen Christopher sold 2,916 shares of COHR for 108.84 per share on Dec 16 ’24. After the transaction, the Chief Innovation Officer now owns 55,338 company shares. In a previous transaction on Nov 22 ’24, Koeppen Christopher sold 2,248 shares at 105.00 per share. COHR shares that Chief Innovation Officer owns now total 58,254.

Among the insiders who bought shares, CHRISTOPHER KOEPPEN acquired of 2,916 shares on Dec 16 ’24 at a per-share price of $108.84. In another insider transaction, HOWARD H XIA bought 2,000 shares at $110.72 per share on Dec 04 ’24.

Even though price targets are rarely accurate, they do tend to exert some kind of influence from time to time and are often considered important by markets. In terms of 52-week highs and lows, COHR has a high of $113.60 and a low of $43.24.

As of this writing, COHR has an earnings estimate of $0.67 per share for the current quarter. EPS was calculated based on a consensus of 16.0 estimates, with a high estimate of $0.75 per share and a lower estimate of $0.35.

Balance Sheet Annually/Quarterly

In a balance sheet, you can see what assets and liabilities the company has, as well as how much equity investors have invested. These figures can be used to calculate a company’s financial ratios to give investors a better idea of its prospects. COHR’s latest balance sheet shows that the firm has $2.58B in Cash & Short Term Investments as of fiscal 2022. There were $2.44B in debt and $1.27B in liabilities at the time. Its Book Value Per Share was $35.60, while its Total Shareholder’s Equity was $4.38B.

Analysts Opinion

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for COHR is Buy with a score of 4.29.

Most Popular

Related Posts