Alert: New Earnings Report (11/6/23)-Coherent Corp (NYSE: COHR).


Coherent Corp (NYSE: COHR) has reported E.P.S. of $-0.65 for its first fiscal quarter (ending September 30) versus $-0.56 for the same period a year ago. Relative to the consensus estimate of $0.12, this was a shortfall of $-0.77. For the latest four quarters through September 30, E.P.S. were $-3.01 compared to $0.47 a year ago — a decline of -740%.


Recent Price Action

Coherent Corp (NYSE: COHR) stock closed at $32.82 on 11/6/23 after a slight decline of -0.09%. The stock has performed in line with the market over the last nine months and has risen 12.6% during the last week.

Current PriceTarget Research Rating

Reflecting future returns on capital that are forecasted to exceed the cost of capital, COHR is expected to continue to be a modest Value Builder.

Coherent has a current Value Trend Rating of B (Positive). The Value Trend Rating reflects inconsistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Coherent has a good Appreciation Score of 82 but a neutral Power Rating of 47, resulting in the Positive Value Trend Rating.

Rating Review

In light of this new information we are reviewing our current Overall Rating of B. This review will be completed in the next several days.

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