Latest news with #Coherent
Yahoo
5 days ago
- Business
- Yahoo
Susquehanna Reaffirms Buy on Coherent (COHR) Amid Strong Outlook
On May 28, Susquehanna analyst Christopher Rolland reaffirmed a Buy rating on Coherent Corporation (NYSE:COHR) with an unchanged price target of $100. Rolland's bullish view is supported by the company's strong competitive positioning and encouraging financial guidance. On the fundamental level, the analyst remains confident about Coherent's continued investments in advancing its technologies, such as optical circuit switches and transceivers, which are expected to support long-term growth. He further emphasized the company's efforts to improve cash flows and reduce debt. Coherent is targeting significant market opportunities, including a $44 billion Serviceable Available Market (SAM) in the Data Center & Communications sector and a $23 billion SAM in the Industrial sector by 2030. According to Rolland, the company now views these two areas as its primary focus, aligning with its long-term growth strategy. Rolland is also encouraged by Coherent's financial targets for FY 2025, which include projected revenue growth of 23%, adjusted gross margins of 38%, and adjusted operating margins of 17.8%. Furthermore, the company is expected to achieve a compound annual revenue growth rate (CAGR) of 10% to 15% over the next three to four years. Coherent Corp. (NYSE:COHR) is a developer and manufacturer of engineered materials, networking products, optoelectronic components, and optical and laser systems for the industrial, communications, electronics, and instrumentation markets. The company holds a strong position in the optical communications market, particularly with its innovative solutions for data centers, such as datacom optical transceivers. While we acknowledge the potential of COHR as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than COHR and that has 100x upside potential, check out our report about the cheapest AI stock. READ NEXT: The Best and Worst Dow Stocks for the Next 12 Months and 10 Unstoppable Stocks That Could Double Your Money. Disclosure: None.
Yahoo
6 days ago
- Business
- Yahoo
Coherent Details Growth Strategy and Long-Term Financial Model at 2025 Analyst and Investor Day
SAXONBURG, Pa., May 28, 2025 (GLOBE NEWSWIRE) -- Global photonics leader Coherent Corp. (NYSE: COHR) ('Coherent,' 'We,' or the 'Company') today detailed its long-term growth strategy, key areas of product and technology investment, and target long-term financial model at its 2025 Analyst and Investor Day at the New York Stock Exchange. Investors can access a webcast replay of the event and a copy of the presentation on the Company's Investor Relations website. Jim Anderson, CEO, said, 'Our team has made significant progress over the past fiscal year, with revenue expected to grow by over 22% and EPS expected to increase by 2.8X YoY in FY25. Although we're pleased with our progress, there is much more opportunity ahead of us as we focus on our long-term goals of driving double-digit revenue growth in our key markets, such as AI Datacenters, expanding our gross margin and EPS, and continuing to unlock additional value for shareholders.' Analyst and Investor Day Presentation Highlights Dr. Julie Sheridan Eng, Chief Technology Officer, highlighted Coherent's market opportunity in optical transceivers and components for AI Datacenters, the company's broad and deep optical technology and product portfolio, its market-leading roadmap for pluggable and CPO transceivers, the optical switching market opportunity, and our industry-leading DCI roadmap. Dr. Chris Dorman, Executive Vice President, Lasers, detailed Coherent's Industrial market opportunity and key growth drivers across a broad spectrum of market segments, including semi cap and display equipment, precision manufacturing, and instrumentation. Sherri Luther, CFO, outlined the Company's key financial priorities, focus on accelerating profitable revenue growth, investment strategy, and improved financial target model, and disclosed the organization's new segmentation to better align with its end markets and strategy. Forward-Looking Statements This press release contains forward-looking statements relating to future events and expectations, including, without limitation, our expectations regarding the opportunities ahead of us; our projected fiscal year ended June 30, 2025, financial results; our ability to achieve our long-term goals of driving double-digit revenue growth in our key markets; expanding our gross margin and EPS; and continuing to unlock additional value for shareholders, each of which is based on certain assumptions and contingencies. The forward-looking statements are made pursuant to the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995 and relate to the Company's performance on a going-forward basis. The forward-looking statements contained herein are subject to certain risks and uncertainties that could cause the Company's actual results to differ materially from its historical experience and our present expectations or projections. The Company believes that all forward-looking statements made by it in this press release have a reasonable basis, but there can be no assurance that management's expectations, beliefs, or projections as expressed in the forward-looking statements will actually occur or prove to be correct. In addition to general industry and global economic conditions, factors that could cause actual results to differ materially from those discussed in the forward-looking statements in this presentation include but are not limited to: (i) the failure of any one or more of the assumptions stated herein to prove to be correct; (ii) the terms of the Company's indebtedness and ability to service such debt in connection with its acquisition of Coherent, Inc. (the 'Transaction'), (iii) risks relating to future integration and/or restructuring actions; (iv) fluctuations in purchasing patterns of customers and end users; (v) the ability of the Company to retain and hire key employees; (vi) changes in demand in the Company's end markets along with the Company's ability to respond to such market changes; (vii) the timely release of new products and acceptance of such new products by the market; (viii) the introduction of new products by competitors and other competitive responses; (ix) the Company's ability to assimilate other recently acquired businesses, and realize synergies, cost savings, and opportunities for growth in connection therewith, together with the risks, costs, and uncertainties associated with such acquisitions; (x) the risks to realizing the benefits of investments in R&D and commercialization of innovations; (xi) the risks that the Company's stock price will not trade in line with industrial technology leaders; (xii) the impact of trade protection measures, such as import tariffs by the United States or retaliatory actions taken by other countries; and/or (xiii) the risks relating to forward-looking statements and other 'Risk Factors' identified from time to time in our filings with the Securities and Exchange Commission ('SEC'), including our Annual Report on Form 10-K for the fiscal year ended June 30, 2024, and our subsequently filed Quarterly Reports on Form 10-Q, which filings are available from the SEC. You should not place undue reliance on forward-looking statements, which speak only as of the date they are made. The Company disclaims any obligation to update information contained in these forward-looking statements, whether as a result of new information, future events or developments, or otherwise. About Coherent Coherent empowers market innovators to define the future through breakthrough technologies, from materials to systems. We deliver innovations that resonate with our customers in diversified applications for the industrial, communications, electronics, and instrumentation markets. Coherent has research and development, manufacturing, sales, service, and distribution facilities worldwide. For more information, please visit us at Contact: Paul Silverstein Senior VP, Investor in to access your portfolio
Yahoo
6 days ago
- Business
- Yahoo
Coherent Details Growth Strategy and Long-Term Financial Model at 2025 Analyst and Investor Day
SAXONBURG, Pa., May 28, 2025 (GLOBE NEWSWIRE) -- Global photonics leader Coherent Corp. (NYSE: COHR) ('Coherent,' 'We,' or the 'Company') today detailed its long-term growth strategy, key areas of product and technology investment, and target long-term financial model at its 2025 Analyst and Investor Day at the New York Stock Exchange. Investors can access a webcast replay of the event and a copy of the presentation on the Company's Investor Relations website. Jim Anderson, CEO, said, 'Our team has made significant progress over the past fiscal year, with revenue expected to grow by over 22% and EPS expected to increase by 2.8X YoY in FY25. Although we're pleased with our progress, there is much more opportunity ahead of us as we focus on our long-term goals of driving double-digit revenue growth in our key markets, such as AI Datacenters, expanding our gross margin and EPS, and continuing to unlock additional value for shareholders.' Analyst and Investor Day Presentation Highlights Dr. Julie Sheridan Eng, Chief Technology Officer, highlighted Coherent's market opportunity in optical transceivers and components for AI Datacenters, the company's broad and deep optical technology and product portfolio, its market-leading roadmap for pluggable and CPO transceivers, the optical switching market opportunity, and our industry-leading DCI roadmap. Dr. Chris Dorman, Executive Vice President, Lasers, detailed Coherent's Industrial market opportunity and key growth drivers across a broad spectrum of market segments, including semi cap and display equipment, precision manufacturing, and instrumentation. Sherri Luther, CFO, outlined the Company's key financial priorities, focus on accelerating profitable revenue growth, investment strategy, and improved financial target model, and disclosed the organization's new segmentation to better align with its end markets and strategy. Forward-Looking Statements This press release contains forward-looking statements relating to future events and expectations, including, without limitation, our expectations regarding the opportunities ahead of us; our projected fiscal year ended June 30, 2025, financial results; our ability to achieve our long-term goals of driving double-digit revenue growth in our key markets; expanding our gross margin and EPS; and continuing to unlock additional value for shareholders, each of which is based on certain assumptions and contingencies. The forward-looking statements are made pursuant to the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995 and relate to the Company's performance on a going-forward basis. The forward-looking statements contained herein are subject to certain risks and uncertainties that could cause the Company's actual results to differ materially from its historical experience and our present expectations or projections. The Company believes that all forward-looking statements made by it in this press release have a reasonable basis, but there can be no assurance that management's expectations, beliefs, or projections as expressed in the forward-looking statements will actually occur or prove to be correct. In addition to general industry and global economic conditions, factors that could cause actual results to differ materially from those discussed in the forward-looking statements in this presentation include but are not limited to: (i) the failure of any one or more of the assumptions stated herein to prove to be correct; (ii) the terms of the Company's indebtedness and ability to service such debt in connection with its acquisition of Coherent, Inc. (the 'Transaction'), (iii) risks relating to future integration and/or restructuring actions; (iv) fluctuations in purchasing patterns of customers and end users; (v) the ability of the Company to retain and hire key employees; (vi) changes in demand in the Company's end markets along with the Company's ability to respond to such market changes; (vii) the timely release of new products and acceptance of such new products by the market; (viii) the introduction of new products by competitors and other competitive responses; (ix) the Company's ability to assimilate other recently acquired businesses, and realize synergies, cost savings, and opportunities for growth in connection therewith, together with the risks, costs, and uncertainties associated with such acquisitions; (x) the risks to realizing the benefits of investments in R&D and commercialization of innovations; (xi) the risks that the Company's stock price will not trade in line with industrial technology leaders; (xii) the impact of trade protection measures, such as import tariffs by the United States or retaliatory actions taken by other countries; and/or (xiii) the risks relating to forward-looking statements and other 'Risk Factors' identified from time to time in our filings with the Securities and Exchange Commission ('SEC'), including our Annual Report on Form 10-K for the fiscal year ended June 30, 2024, and our subsequently filed Quarterly Reports on Form 10-Q, which filings are available from the SEC. You should not place undue reliance on forward-looking statements, which speak only as of the date they are made. The Company disclaims any obligation to update information contained in these forward-looking statements, whether as a result of new information, future events or developments, or otherwise. About Coherent Coherent empowers market innovators to define the future through breakthrough technologies, from materials to systems. We deliver innovations that resonate with our customers in diversified applications for the industrial, communications, electronics, and instrumentation markets. Coherent has research and development, manufacturing, sales, service, and distribution facilities worldwide. For more information, please visit us at Contact: Paul Silverstein Senior VP, Investor in to access your portfolio
Yahoo
6 days ago
- Business
- Yahoo
Expand Energy And 2 Stocks That Might Be Priced Below Their Estimated Worth
The United States market has been flat over the last week but is up 11% over the past year, with earnings forecast to grow by 14% annually. In this environment, identifying stocks that are potentially undervalued can be a strategic move for investors looking to capitalize on growth opportunities while navigating a stable yet promising market landscape. Name Current Price Fair Value (Est) Discount (Est) Berkshire Hills Bancorp (NYSE:BHLB) $25.40 $50.02 49.2% Brookline Bancorp (NasdaqGS:BRKL) $10.59 $21.02 49.6% Horizon Bancorp (NasdaqGS:HBNC) $15.03 $29.84 49.6% WesBanco (NasdaqGS:WSBC) $31.44 $62.71 49.9% Hims & Hers Health (NYSE:HIMS) $53.36 $106.29 49.8% Insteel Industries (NYSE:IIIN) $36.58 $71.98 49.2% Array Technologies (NasdaqGM:ARRY) $7.00 $13.84 49.4% Lincoln Educational Services (NasdaqGS:LINC) $23.03 $45.46 49.3% Verra Mobility (NasdaqCM:VRRM) $24.11 $47.86 49.6% Expand Energy (NasdaqGS:EXE) $117.28 $231.50 49.3% Click here to see the full list of 171 stocks from our Undervalued US Stocks Based On Cash Flows screener. We're going to check out a few of the best picks from our screener tool. Overview: Expand Energy Corporation is an independent natural gas production company operating in the United States, with a market cap of $27.60 billion. Operations: The company generates revenue primarily from its exploration and production segment, totaling $6.57 billion. Estimated Discount To Fair Value: 49.3% Expand Energy appears undervalued based on cash flows, with shares trading at US$117.28, significantly below the estimated fair value of US$231.5. Despite a challenging first quarter with a net loss of US$249 million, revenue nearly doubled to US$2.2 billion year-over-year. The company is forecasted to grow earnings by 43.9% annually and become profitable within three years, outpacing the broader market's growth expectations while maintaining its dividend payments amidst shareholder dilution concerns. The growth report we've compiled suggests that Expand Energy's future prospects could be on the up. Navigate through the intricacies of Expand Energy with our comprehensive financial health report here. Overview: Coherent Corp. is a company that specializes in developing, manufacturing, and marketing engineered materials and optoelectronic components for various global markets, with a market cap of approximately $12.20 billion. Operations: The company's revenue is derived from three main segments: Lasers ($1.45 billion), Materials ($1.52 billion), and Networking ($3.21 billion). Estimated Discount To Fair Value: 11.7% Coherent is trading at US$81.19, below its estimated fair value of US$91.98, indicating potential undervaluation based on cash flows. The company reported a third-quarter revenue increase to US$1.5 billion from US$1.2 billion year-over-year and achieved a net income of US$15.71 million compared to a previous net loss. Despite high share price volatility, Coherent's earnings are forecasted to grow significantly by 96% annually, although revenue growth is expected to be slower than the market average. The analysis detailed in our Coherent growth report hints at robust future financial performance. Delve into the full analysis health report here for a deeper understanding of Coherent. Overview: Oracle Corporation provides products and services for enterprise information technology environments globally, with a market cap of approximately $437.38 billion. Operations: Oracle's revenue is primarily derived from three segments: Cloud and License at $47.60 billion, Services at $5.26 billion, and Hardware at $2.93 billion. Estimated Discount To Fair Value: 33.6% Oracle's stock is trading at US$161.91, significantly below its estimated fair value of US$243.92, highlighting potential undervaluation based on cash flows. The company is part of a strategic alliance for the Stargate UAE AI infrastructure project, potentially enhancing future revenue streams. Despite high debt levels, Oracle's earnings are forecasted to grow faster than the market average at 16.6% annually, with a very high return on equity expected in three years. According our earnings growth report, there's an indication that Oracle might be ready to expand. Click here and access our complete balance sheet health report to understand the dynamics of Oracle. Explore the 171 names from our Undervalued US Stocks Based On Cash Flows screener here. Hold shares in these firms? Setup your portfolio in Simply Wall St to seamlessly track your investments and receive personalized updates on your portfolio's performance. Take control of your financial future using Simply Wall St, offering free, in-depth knowledge of international markets to every investor. Explore high-performing small cap companies that haven't yet garnered significant analyst attention. Diversify your portfolio with solid dividend payers offering reliable income streams to weather potential market turbulence. Fuel your portfolio with companies showing strong growth potential, backed by optimistic outlooks both from analysts and management. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include NasdaqGS:EXE NYSE:COHR and NYSE:ORCL. This article was originally published by Simply Wall St. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@
Yahoo
15-05-2025
- Business
- Yahoo
3 Mid-Cap Stocks with Questionable Fundamentals
Many investors pay attention to mid-cap stocks because they have established business models and expansive market opportunities. However, their paths to becoming $100 billion corporations are ripe with competition, ranging from giants with vast resources to agile upstarts eager to disrupt the status quo. This is precisely where StockStory comes in - we do the heavy lifting to identify companies with solid fundamentals so you can invest with confidence. Keeping that in mind, here are three mid-cap stocks to avoid and some other investments you should consider instead. Market Cap: $12.54 billion Created through the 2022 rebranding of II-VI Incorporated, a company with roots dating back to 1971, Coherent (NYSE:COHR) develops and manufactures advanced materials, lasers, and optical components for applications ranging from telecommunications to industrial manufacturing. Why Does COHR Give Us Pause? Incremental sales over the last two years were much less profitable as its earnings per share fell by 6% annually while its revenue grew 11.5 percentage point decline in its free cash flow margin over the last five years reflects the company's increased investments to defend its market position Underwhelming 3.8% return on capital reflects management's difficulties in finding profitable growth opportunities, and its decreasing returns suggest its historical profit centers are aging Coherent is trading at $80.03 per share, or 19.6x forward P/E. If you're considering COHR for your portfolio, see our FREE research report to learn more. Market Cap: $21.28 billion Known for its unique land acquisition strategy, NVR (NYSE:NVR) is a respected homebuilder and mortgage company in the United States. Why Is NVR Not Exciting? Sales pipeline suggests its future revenue growth may not meet our standards as its average backlog growth of 1.5% for the past two years was weak Estimated sales decline of 8.2% for the next 12 months implies a challenging demand environment Earnings growth underperformed the sector average over the last two years as its EPS grew by just 1.1% annually NVR's stock price of $7,168 implies a valuation ratio of 14.8x forward P/E. Read our free research report to see why you should think twice about including NVR in your portfolio, it's free. Market Cap: $10.73 billion Formerly known as PerkinElmer until its rebranding in 2023, Revvity (NYSE:RVTY) provides health science technologies and services that support the complete workflow from discovery to development and diagnosis to cure. Why Should You Dump RVTY? Organic sales performance over the past two years indicates the company may need to make strategic adjustments or rely on M&A to catalyze faster growth Expenses have increased as a percentage of revenue over the last five years as its adjusted operating margin fell by 8.8 percentage points Eroding returns on capital suggest its historical profit centers are aging At $91.02 per share, Revvity trades at 17.6x forward P/E. To fully understand why you should be careful with RVTY, check out our full research report (it's free). Market indices reached historic highs following Donald Trump's presidential victory in November 2024, but the outlook for 2025 is clouded by new trade policies that could impact business confidence and growth. While this has caused many investors to adopt a "fearful" wait-and-see approach, we're leaning into our best ideas that can grow regardless of the political or macroeconomic climate. Take advantage of Mr. Market by checking out our Top 6 Stocks for this week. This is a curated list of our High Quality stocks that have generated a market-beating return of 176% over the last five years. Stocks that made our list in 2020 include now familiar names such as Nvidia (+1,545% between March 2020 and March 2025) as well as under-the-radar businesses like the once-micro-cap company Tecnoglass (+1,754% five-year return). Find your next big winner with StockStory today for free. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
