COHERENT CORP (COHR)
(Delayed Data from NYSE)
$52.88 USD
+0.78 (1.50%)
Updated Apr 25, 2024 04:00 PM ET
After-Market: $52.90 +0.02 (0.04%) 7:58 PM ET
3-Hold of 5 3
C Value D Growth A Momentum C VGM
Fundamental Charts
About PEG Ratio (TTM)
The company's trailing twelve month (TTM) PEG ratio is the P/E ratio divided by its long-term growth rate consensus. This ratio essentially compares the P/E to its growth rate, thus, for many, telling a more complete story than just the P/E ratio alone. Conventional wisdom says that a PEG ratio of 1 or less is considered good (at par or undervalued to its growth rate). A value greater than 1, in general, is not as good (overvalued to its growth rate). For example, a company with a P/E ratio of 25 and a growth rate of 20% would have a PEG ratio of 1.25 (25 / 20 = 1.25). A company with a P/E ratio of 40 and a growth rate of 50% would have a PEG ratio of 0.80 (40 / 50 = 0.80). Traditionally, investors would look at the stock with the lower P/E and deem it a bargain. But when compared to its growth rate, it doesn't have the earnings growth to justify its P/E. In this example, the one with the P/E of 40 is the better bargain because it is selling at a discount to its growth rate. So the PEG ratio tells you what you're paying for each unit of earnings growth.
COHR 52.88 +0.78(1.50%)
Will COHR be a Portfolio Killer in April?
Zacks Investment Research is releasing its prediction for COHR based on the 1-3 month trading system that more than doubles the S&P 500.
Zacks News for COHR
Is Adyen (ADYEY) Stock Outpacing Its Business Services Peers This Year?
Semtech (SMTC) to Aid Signal Integrity Segment With LPO Modules
COHR: What are Zacks experts saying now?
Zacks Private Portfolio Services
Waste Connections (WCN) Gains 27% in a Year: Here's How
Genpact (G) Gains From AI Product Portfolio Amid Low Liquidity
Is Adyen (ADYEY) Outperforming Other Business Services Stocks This Year?
Other News for COHR
Coherent Announces Support of DEI-Related Educational Initiatives Through HBCU/MIS and the Optica Foundation
Earth Day 2024: Coherent Corp. Announces Milestones in its Sustainability Journey
Liberty Park Capital Q1 2024 Letter To Partners
Coherent Announces Date of FY2024 Third-Quarter Conference Call
Dodge & Cox Global Stock Fund's 1st-Quarter Commentary: A Look Back