Coherent Corp (NYSE: COHR): Is It A Buying Opportunity Again?

After Hours

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility.

Stocks Info

COHR belongs to the Technology sector of the NYSE while operating in the Scientific & Technical Instruments industry. The current market capitalization of Coherent Corp is $15.52B. A total of 3.18 million shares were traded on the day, compared to an average of 2.52M 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.

While price targets are rarely accurate, they tend to exert some kind of influence from time to time and are often taken into account by investors. In terms of 52-week highs and lows, COHR has a high of $113.60 and a low of $47.14.

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

An organization’s balance sheet depicts the assets and liabilities it has, as well as the amount of equity invested. Investors can measure a company’s prospects by calculating its financial ratios using this information. 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

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. 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.

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