Coherent (NASDAQ:COHR) is set to issue its quarterly earnings data after the market closes on Tuesday, November 6th. Analysts expect the company to announce earnings of $3.39 per share for the quarter. Parties interested in registering for the company’s conference call can do so using this link.
COHR opened at $135.07 on Friday. Coherent has a 52-week low of $115.53 and a 52-week high of $329.00. The company has a debt-to-equity ratio of 0.34, a quick ratio of 1.87 and a current ratio of 3.28. The stock has a market cap of $3.28 billion, a PE ratio of 9.86 and a beta of 1.37.
In other news, EVP Mark Stewart Sobey sold 13,000 shares of the company’s stock in a transaction dated Tuesday, August 14th. The shares were sold at an average price of $181.86, for a total transaction of $2,364,180.00. Following the transaction, the executive vice president now owns 17,887 shares in the company, valued at $3,252,929.82. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Corporate insiders own 1.40% of the company’s stock.
Coherent, Inc provides lasers and laser-based technology in a range of scientific, commercial, and industrial applications worldwide. It operates through two segments, Specialty Lasers and Systems, and Commercial Lasers and Components. The company designs, manufactures, services, and markets lasers, laser tools, precision optics, and related accessories.
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