Coherent Inc.

Coherent is a provider of lasers, laser-based technologies and laser-based system solutions in a range of commercial, industrial and scientific applications. The company is organized into two reporting segments: OEM Laser Sources (OLS) and Industrial Lasers and Systems (ILS). OLS business segment is focused on laser sources and optical sub-systems primarily used in microelectronics manufacturing, medical diagnostics and therapeutic medical applications. The company's ILS business segment delivers laser sources, sub-systems and tools primarily used for industrial laser materials processing, serving end markets like automotive, machine tool, consumer goods and medical device manufacturing.
  • TickerCOHR
  • ISINUS1924791031
  • ExchangeNASDAQ Stock Market
  • SectorElectronic & Electrical Equipment
  • CountryUnited States

Analysts

Feasibility Study Results in December to be a Catalyst for this Junior

Feasibility Study Results in December to be a Catalyst for this Junior

COHERENT INCO. sees a downgrade to Slightly Negative on account of less fundamental stars

The independent financial analyst theScreener just lowered the general evaluation of COHERENT INCO. (US), active in the Semiconductors industry. As regards its fundamental valuation, the title now shows 2 out of 4 stars while market behaviour can be considered risky. theScreener believes that the title remains under pressure due to the loss of a star(s) and downgrades its general evaluation to Slightly Negative. As of the analysis date November 22, 2019, the closing price was USD 150.86 and its target price was estimated at USD 119.02.

Valens Research

Valens Equity Insights and Inflections - 2019 11 19

LVS currently trades below corporate averages relative to UAFRS-based (Uniform) Earnings, with an 18.2x Uniform P/E. At these levels, the market is pricing in expectations for Uniform ROA to decline from 18% in 2018 to 16% in 2023, accompanied by immaterial Uniform Asset growth going forward. Meanwhile, analysts have similar expectations, projecting Uniform ROA to fall slightly to 17% levels through 2020, accompanied by 1% Uniform Asset growth. Meanwhile, management is confident about their resort growth, profitability, and Macao. Current valuations appear to be pricing in overly bearish expec...

Feasibility Study Results in December to be a Catalyst for this Junior

Feasibility Study Results in December to be a Catalyst for this Junior