Company name Coherent, Inc.
Stock ticker COHR
Live stock price [stckqut]COHR[/stckqut]
Confident Investor Rating Poor

 

The following company description is from Reuters: https://finance.yahoo.com/quote/cohr/profile?p=cohr

Coherent, Inc. provides lasers, laser-based technologies, and laser-based system solutions for a range of scientific, commercial, and industrial applications. It operates in two segments, OEM Laser Sources and Industrial Lasers & Systems. The company designs, manufactures, markets, and services lasers, laser tools, precision optics, and related accessories; and laser measurement and control products. Its products are used in markets, including microelectronics, materials processing, original equipment manufacturer components and instrumentation, and scientific research and government programs. The company markets its products through a direct sales force in the United States, as well as through direct sales personnel and independent representatives internationally. Coherent, Inc. was founded in 1966 and is headquartered in Santa Clara, California.

Confident Investor comments: At this price and at this time, I do not think that a Confident Investor can confidently invest in Coherent, Inc. It is not possible to confidently invest in a company that is not currently profitable. I am removing Coherent from my Watch List.

If you would like to understand how to evaluate companies like I do on this site, please read my book, The Confident Investor.

 

Company name Coherent, Inc.
Stock ticker COHR
Live stock price [stckqut]COHR[/stckqut]
P/E compared to competitors Good

MANAGEMENT EXECUTION

Employee productivity Poor
Sales growth Good
EPS growth Good
P/E growth Poor
EBIT growth Good

ANALYSIS

Confident Investor Rating Good
Target stock price (TWCA growth scenario) $130.92
Target stock price (averages with growth) $116.73
Target stock price (averages with no growth) $116.73
Target stock price (manual assumptions) $117.04

 

The following company description is from Reuters: https://www.reuters.com/finance/stocks/company-profile/cohr

Coherent, Inc., incorporated on January 11, 1989, is a photonics manufacturer. The Company is engaged in designing, manufacturing, servicing and marketing of lasers and related accessories for a range of scientific, commercial and industrial applications. The Company operates through two segments: Specialty Lasers and Systems (SLS) and Commercial Lasers and Components (CLC). The Specialty Lasers and Systems segment develops and manufactures configurable products serving the microelectronics, scientific research and government programs, and original equipment manufacturer (OEM) components and instrumentation markets. The Commercial Lasers and Components segment focuses on higher volume products that are offered in set configurations. The product architectures are designed for exchange at the point of use such that substantially all product service and repairs are based upon advanced replacement and depot (that is factory) repair. CLC’s primary markets include materials processing, OEM components, and instrumentation and microelectronics.

Confident Investor comments: At this price and at this time, I think that a Confident Investor can confidently invest in Coherent, Inc. as long as the indicators that I describe in my book The Confident Investor are favorable.

If you would like to understand how to evaluate companies like I do on this site, please read my book, The Confident Investor. You can review the best companies that I have found (and I probably invest my own money in most of these companies) in my Watch List.

How was this analysis of Coherent, Inc. calculated?

For owners of my book, “The Confident Investor” I offer the following analysis (you must be logged in to this site as a book owner in order to see the following analysis). If you have registered and cannot see the balance of this article, make sure you are logged in and refresh your browser.
[s2If current_user_can(access_s2member_level1)]

In order to assist you in using the techniques of this book, the values that I used when calculating the Manual pricing above were:

  • Stock price at the time of the calculation: $113.72
  • Growth: 0.11
  • Current EPS (TTM): $7.99
  • P/E: 14
  • Future EPS Calc: $13.46
  • Future Stock Price Calc: $188.49
  • Target stock price: $117.03

[/s2If]
I hope that this makes you a Confident Investor.

Company name Coherent, Inc.
Stock ticker COHR
Live stock price [stckqut]COHR[/stckqut]
P/E compared to competitors Good

MANAGEMENT EXECUTION

Employee productivity Poor
Sales growth Good
EPS growth Good
P/E growth Poor
EBIT growth Good

ANALYSIS

Confident Investor Rating Good
Target stock price (TWCA growth scenario) $235.45
Target stock price (averages with growth) $328.94
Target stock price (averages with no growth) $223.44
Target stock price (manual assumptions) $227.48

The following company description is from Reuters: https://www.reuters.com/finance/stocks/company-profile/cohr

Coherent, Inc., incorporated on January 11, 1989, is a photonics manufacturer. The Company is engaged in designing, manufacturing, servicing, and marketing of lasers and related accessories for a range of scientific, commercial and industrial applications. The Company operates through two segments: Specialty Lasers and Systems (SLS) and Commercial Lasers and Components (CLC). The Specialty Lasers and Systems segment develops and manufactures configurable products serving the microelectronics, scientific research and government programs, and original equipment manufacturer (OEM) components and instrumentation markets. The Commercial Lasers and Components segment focuses on higher volume products that are offered in set configurations. The product architectures are designed for exchange at the point of use such that substantially all product service and repairs are based upon advanced replacement and depot (that is factory) repair. CLC’s primary markets include materials processing, OEM components, and instrumentation and microelectronics.

The Company offers a portfolio of carbon dioxide (CO2) and carbon monoxide (CO) lasers, diode laser systems and fiber lasers, laser cutting and machining tools, continuous wave (CW) solid state, diode lasers, diode-pumped solid-state lasers (DPSS), excimer lasers and ultraviolet (UV) beam delivery, ion lasers, three dimensional (3D) profiling lasers, tunable lasers, industrial short-pulse lasers and ultrafast lasers for science. These products address a range of applications, which are grouped into various markets, including microelectronics, materials processing, OEM components and instrumentation, and scientific research and government programs. The markets in the microelectronics industry that are supported by the Company include flat panel display (FPD) manufacturing, advanced packaging and interconnects (API) and semiconductor front-end (SEMI). It manufactures a range of DPSS lasers for different applications, including semiconductor inspection; advanced packaging and interconnects; laser pumping; spectroscopy; bio-agent detection; Deoxyribonucleic acid (DNA) sequencing; drug discovery; flow cytometry; forensics; computer-to-plate printing; entertainment lighting (display); medical; rapid prototyping and marking, welding and engraving.

 

Confident Investor comments: At this price and at this time, I think that a Confident Investor can confidently invest in Coherent, Inc. as long as the indicators that I describe in my book The Confident Investor are favorable. I am adding Coherent to my Watch List.

 

If you would like to understand how to evaluate companies like I do on this site, please read my book, The Confident Investor. You can review the best companies that I have found (and I probably invest my own money in most of these companies) in my Watch List.

How was this analysis of Coherent, Inc. calculated?

For owners of my book, “The Confident Investor” I offer the following analysis (you must be logged in to this site as a book owner in order to see the following analysis). If you have registered and cannot see the balance of this article, make sure you are logged in and refresh your browser.
[s2If current_user_can(access_s2member_level1)]

In order to assist you in using the techniques of this book, the values that I used when calculating the Manual pricing above were:

  • Stock price at the time of the calculation: $152.44
  • Growth: 0.19
  • Current EPS (TTM): $8.08
  • P/E: 19
  • Future EPS Calc: $19.28
  • Future Stock Price Calc: $366.35
  • Target stock price: $227.47

[/s2If]
I hope that this makes you a Confident Investor.

Company name Coherent, Inc.
Stock ticker COHR
Live stock price [stckqut]COHR[/stckqut]
P/E compared to competitors Good

MANAGEMENT EXECUTION

Employee productivity Poor
Sales growth Poor
EPS growth Poor
P/E growth Fair
EBIT growth Good

ANALYSIS

Confident Investor Rating Poor
Target stock price (TWCA growth scenario) $41.85
Target stock price (averages with growth) $41.6
Target stock price (averages with no growth) $25.75
Target stock price (manual assumptions) $50.78

The following company description is from Google Finance: http://www.google.com/finance?q=cohr

Coherent, Inc. (Coherent) is a suppliers of photonics-based solutions in a range of commercial and scientific research applications. The Company designs, manufactures, service and markets lasers and related accessories for a group of customers. The Company is organized into two operating segments: Commercial Lasers and Components (CLC) and Specialty Lasers and Systems (SLS). CLC’s markets include materials processing, original equipment manufacturer (OEM) components and instrumentation and microelectronics. SLS develops and manufactures configurable, advanced performance products serving the microelectronics, scientific research and government programs and OEM components and instrumentation markets. The Company’s products address a range of applications the Company group into the four markets: Microelectronics, Materials Processing, OEM Components and Instrumentation, and Scientific Research and Government Programs.

 

Confident Investor comments: At this price and at this time, I do not think that a Confident Investor can confidently invest in Coherent, Inc.

If you would like to understand how to evaluate companies like I do on this site, please read my book, The Confident Investor. You can review the best companies that I have found (and I probably invest my own money in most of these companies) in my Watch List.

How was this analysis of Coherent, Inc. calculated?

For owners of my book, “The Confident Investor” I offer the following analysis (you must be logged in to this site as a book owner in order to see the following analysis). If you have registered and cannot see the balance of this article, make sure you are logged in and refresh your browser.
[s2If current_user_can(access_s2member_level1)]

In order to assist you in using the techniques of this book, the values that I used when calculating the Manual pricing above were:

  • Stock price at the time of the calculation: $55.74
  • Growth: 0.08
  • Current EPS (TTM): $2.42
  • P/E: 23
  • Future EPS Calc: $3.55
  • Future Stock Price Calc: $81.78
  • Target stock price: $50.78

I hope that this makes you a better investor. [/s2If]