Coherent Stock Analysis

Coherent Stock Analysis Notes

About 89.0% of the company shares are held by institutions such as insurance companies. The company has price-to-book (P/B) ratio of 1.49. Some equities with similar Price to Book (P/B) outperform the market in the long run. Coherent has Price/Earnings To Growth (PEG) ratio of 0.34. The entity recorded a loss per share of 2.82. The firm last dividend was issued on the 17th of December 2012. Coherent had 2:1 split on the 27th of June 2011. Coherent Corp. develops, manufactures, and markets engineered materials, optoelectronic components, and devices worldwide. Coherent Corp. was incorporated in 1971 and is headquartered in Saxonburg, Pennsylvania. Coherent Corp operates under Scientific Technical Instruments classification in the United States and is traded on NASDAQ Exchange. It employs 23658 people. For more info on Coherent please contact Dr Mattera at 724 352 4455 or go to https://www.coherent.com.

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Coherent Thematic Classifications

Coherent Stock Institutional Investors

Note, although Coherent's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Coherent Market Capitalization

The company currently falls under 'Mid-Cap' category with a current market capitalization of 7.93 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Coherent's market, we take the total number of its shares issued and multiply it by Coherent's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

Coherent Profitablity

The company has Profit Margin (PM) of (0.06) %, which may suggest that it does not properly executes on its current pricing strategies or is unable to control all of the operational costs. This is way below average. Similarly, it shows Operating Margin (OM) of 0.03 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.03.

Management Efficiency

Coherent has return on total asset (ROA) of 0.0153 % which means that it generated a profit of $0.0153 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (0.035) %, meaning that it created substantial loss on money invested by shareholders. 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 04/17/2024, Return On Tangible Assets is likely to grow to -0.05. In addition to that, Return On Capital Employed is likely to drop to 0. At this time, Coherent's Intangibles To Total Assets are relatively stable compared to the past year. As of 04/17/2024, Debt To Assets is likely to grow to 0.31, though Return On Tangible Assets are likely to grow to (0.05).

Technical Drivers

As of the 17th of April 2024, Coherent shows the Downside Deviation of 2.25, mean deviation of 2.41, and Risk Adjusted Performance of 0.0794. 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. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We have analyze and collected data for nineteen technical drivers for Coherent, which can be compared to its peers. 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 51.81 per share. Given that Coherent has jensen alpha of 0.2718, we suggest you to validate Coherent's prevailing market performance to make sure the company can sustain itself at a future point.

Coherent Price Movement Analysis

Coherent Insider Trading Activities

Coherent Predictive Daily Indicators

Coherent Corporate Filings

Coherent Forecast Models

Coherent's time-series forecasting models are one of many Coherent's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Coherent's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

Stock analysis is the technique used by a trader or investor to examine and evaluate how Coherent prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Coherent shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Coherent. By using and applying Coherent Stock analysis, traders can create a robust methodology for identifying Coherent entry and exit points for their positions.

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Coherent analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Coherent analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.

Coherent stock analysis indicators help investors evaluate how Coherent stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Coherent shares will generate the highest return on investment. By understating and applying Coherent stock analysis, traders can identify Coherent position entry and exit signals to maximize returns.

Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Coherent. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in rate. To learn how to invest in Coherent Stock, please use our How to Invest in Coherent guide.Note that the Coherent information on this page should be used as a complementary analysis to other Coherent's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.

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.

Is Coherent's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Coherent. If investors know Coherent will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Coherent listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

The market value of Coherent is measured differently than its book value, which is the value of Coherent that is recorded on the company's balance sheet. Investors also form their own opinion of Coherent's value that differs from its market value or its book value, called intrinsic value, which is Coherent's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Coherent's market value can be influenced by many factors that don't directly affect Coherent's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Coherent's value and its price as these two are different measures arrived at by different means. Investors typically determine if Coherent is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Coherent's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.