Professional
Added to YB: 2019-01-29
Pitch date: 2019-01-29
COHR [bullish]
Coherent Corp.
+439.44%
current return
Author Info
No bio for this author
Company Info
Coherent Corp. develops, manufactures, and markets engineered materials, optoelectronic components and devices, and laser systems for the use in the industrial, communications, electronics, and instrumentation markets worldwide.
Market Cap
$31.0B
Pitch Price
$33.06
Price Target
N/A
Dividend
N/A
EV/EBITDA
29.87
P/E
259.45
EV/Sales
6.04
Sector
Electronic Equipment, Instruments and Components
Category
growth
Appleseed Fund holding: Coherent (COHR)
COHR: Coherent's laser tech is vital for OLED displays, a market with long runway for double-digit growth. Stock down on tech selloff & Samsung OLED strategy shift. Trades at 5yr low ~10x earnings vs fiber laser leader IPGP at 18x. Room for margin expansion. Attractive M&A target.
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