Coherent Stock Performance
| COHR Stock | USD 55.84 0.78 1.42% |
On a scale of 0 to 100, Coherent holds a performance score of 7. The firm shows a Beta (market volatility) of 2.69, which signifies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Coherent will likely underperform. Please check Coherent's value at risk, and the relationship between the jensen alpha and skewness , to make a quick decision on whether Coherent's price patterns will revert.
Risk-Adjusted Performance
7 of 100
Weak | Strong |
Modest
Compared to the overall equity markets, risk-adjusted returns on investments in Coherent are ranked lower than 7 (%) of all global equities and portfolios over the last 90 days. Even with relatively unsteady technical indicators, Coherent reported solid returns over the last few months and may actually be approaching a breakup point. ...more
Actual Historical Performance (%)
One Day Return 1.42 | Five Day Return 4.26 | Year To Date Return 32.57 | Ten Year Return 289.94 | All Time Return 13.6 K |
Last Split Factor 2:1 | Dividend Date 2012-12-27 | Ex Dividend Date 2012-12-17 | Last Split Date 2011-06-27 |
1 | Disposition of 2000 shares by Christopher Koeppen of Coherent at 62.02 subject to Rule 16b-3 | 02/15/2024 |
2 | Exercise or conversion by Wagner David G of 2134 shares of Coherent subject to Rule 16b-3 | 02/21/2024 |
3 | Disposition of 708 shares by Ilaria Mocciaro of Coherent subject to Rule 16b-3 | 02/28/2024 |
4 | Coherent Debuts Extended CL-Band Grisms With Unmatched Efficiency and Performance | 03/15/2024 |
5 | Coherent Corp., Juniper Networks and Marvell Deliver Public Demonstration of Industry-First Comprehensive 800ZR System at OFC24 | 03/25/2024 |
6 | B.Riley ups Coherent shares target, eyeing optical industry leap and AI market grip | 04/01/2024 |
7 | Coherent Corp. president sells over 264k in company stock | 04/02/2024 |
8 | Coherent Seems To Use Debt Quite Sensibly | 04/05/2024 |
9 | Coherent Secures 15 Million in CHIPS Act Funding Through the CLAWS Hub to Accelerate Commercialization of Wide- and Ultrawide-Bandgap Semiconductors | 04/10/2024 |
10 | Disposition of 2704 shares by Mattera Vincent D Jr of Coherent at 53.6748 subject to Rule 16b-3 | 04/15/2024 |
11 | Coherent to layoff 61 in Santa Clara by June | 04/17/2024 |
12 | Coherent Announces Support of DEI-Related Educational Initiatives Through HBCUMIS and the Optica Foundation | 04/23/2024 |
13 | Optical Transceiver Market Size growing at a CAGR of 13.0 percent 2029 | 04/24/2024 |
| Begin Period Cash Flow | 2.6 B | |
| Total Cashflows From Investing Activities | -5.9 B |
Coherent |
Coherent Relative Risk vs. Return Landscape
If you would invest 4,754 in Coherent on January 31, 2024 and sell it today you would earn a total of 830.00 from holding Coherent or generate 17.46% return on investment over 90 days. Coherent is currently generating 0.317% in daily expected returns and assumes 3.4874% risk (volatility on return distribution) over the 90 days horizon. In different words, 30% of stocks are less volatile than Coherent, and 94% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Coherent Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Coherent's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Coherent, and traders can use it to determine the average amount a Coherent's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0909
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 3.49 actual daily | 30 70% of assets are more volatile |
Expected Return
| 0.32 actual daily | 6 94% of assets have higher returns |
Risk-Adjusted Return
| 0.09 actual daily | 7 93% of assets perform better |
Based on monthly moving average Coherent is performing at about 7% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Coherent by adding it to a well-diversified portfolio.
Coherent Fundamentals Growth
Coherent Stock prices reflect investors' perceptions of the future prospects and financial health of Coherent, and Coherent fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Coherent Stock performance.
| Return On Equity | -0.035 | ||||
| Return On Asset | 0.0153 | ||||
| Profit Margin | (0.06) % | ||||
| Operating Margin | 0.03 % | ||||
| Current Valuation | 14.55 B | ||||
| Shares Outstanding | 151.81 M | ||||
| Price To Earning | 21.61 X | ||||
| Price To Book | 1.49 X | ||||
| Price To Sales | 1.76 X | ||||
| Revenue | 5.16 B | ||||
| Gross Profit | 1.78 B | ||||
| EBITDA | 732.1 M | ||||
| Net Income | (259.46 M) | ||||
| Cash And Equivalents | 2.58 B | ||||
| Cash Per Share | 19.73 X | ||||
| Total Debt | 4.49 B | ||||
| Debt To Equity | 0.56 % | ||||
| Current Ratio | 3.40 X | ||||
| Book Value Per Share | 36.05 X | ||||
| Cash Flow From Operations | 634.02 M | ||||
| Earnings Per Share | (2.82) X | ||||
| Market Capitalization | 8.25 B | ||||
| Total Asset | 13.71 B | ||||
| Retained Earnings | 944.42 B | ||||
| Working Capital | 2.17 B | ||||
| Current Asset | 815.64 M | ||||
| Current Liabilities | 201.49 M | ||||
About Coherent Performance
To evaluate Coherent Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Coherent generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Coherent Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Coherent market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Coherent's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 118.01 | 100.86 | |
| Return On Tangible Assets | (0.06) | (0.05) | |
| Return On Capital Employed | 0 | 0 | |
| Return On Assets | (0.02) | (0.02) | |
| Return On Equity | (0.06) | (0.06) |
Things to note about Coherent performance evaluation
Checking the ongoing alerts about Coherent for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Coherent help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Coherent had very high historical volatility over the last 90 days | |
| The company reported the previous year's revenue of 5.16 B. Net Loss for the year was (259.46 M) with profit before overhead, payroll, taxes, and interest of 1.78 B. | |
| Over 90.0% of the company shares are held by institutions such as insurance companies | |
| Latest headline from finance.yahoo.com: Optical Transceiver Market Size growing at a CAGR of 13.0 percent 2029 |
- Analyzing Coherent's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Coherent's stock is overvalued or undervalued compared to its peers.
- Examining Coherent's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Coherent's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Coherent's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Coherent's stock. These opinions can provide insight into Coherent's potential for growth and whether the stock is currently undervalued or overvalued.
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 Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
Complementary Tools for Coherent Stock analysis
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.
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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.
Quarterly Earnings Growth (0.61) | Earnings Share (2.82) | Revenue Per Share 31.913 | Quarterly Revenue Growth (0.17) | Return On Assets 0.0153 |
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.