Coherent (NASDAQ: COHR) is one of 105 publicly-traded companies in the “Semiconductors” industry, but how does it weigh in compared to its peers? We will compare Coherent to similar companies based on the strength of its institutional ownership, profitability, risk, analyst recommendations, dividends, valuation and earnings.

Volatility & Risk

Coherent has a beta of 0.76, suggesting that its stock price is 24% less volatile than the S&P 500. Comparatively, Coherent’s peers have a beta of 1.07, suggesting that their average stock price is 7% more volatile than the S&P 500.

Institutional & Insider Ownership

90.2% of Coherent shares are owned by institutional investors. Comparatively, 67.0% of shares of all “Semiconductors” companies are owned by institutional investors. 1.4% of Coherent shares are owned by company insiders. Comparatively, 6.6% of shares of all “Semiconductors” companies are owned by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock will outperform the market over the long term.

Earnings & Valuation

This table compares Coherent and its peers top-line revenue, earnings per share and valuation.

Gross Revenue EBITDA Price/Earnings Ratio
Coherent $1.48 billion $403.41 million 35.47
Coherent Competitors $4.58 billion $1.32 billion 84.69

Coherent’s peers have higher revenue and earnings than Coherent. Coherent is trading at a lower price-to-earnings ratio than its peers, indicating that it is currently more affordable than other companies in its industry.

Profitability

This table compares Coherent and its peers’ net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
Coherent 11.08% 24.98% 12.59%
Coherent Competitors -47.26% 0.04% -0.12%

Analyst Ratings

This is a breakdown of current ratings and price targets for Coherent and its peers, as provided by MarketBeat.com.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Coherent 0 0 8 0 3.00
Coherent Competitors 1150 5274 8857 413 2.54

Coherent presently has a consensus price target of $296.13, suggesting a potential upside of 25.92%. As a group, “Semiconductors” companies have a potential upside of 12.45%. Given Coherent’s stronger consensus rating and higher probable upside, equities analysts clearly believe Coherent is more favorable than its peers.

Summary

Coherent beats its peers on 7 of the 13 factors compared.

Coherent Company Profile

Coherent, Inc. is a photonics manufacturer. The Company is engaged in designing, manufacturing, servicing and marketing of lasers and related accessories for a range of scientific, commercial and industrial applications. It operates through two segments: Specialty Lasers and Systems (SLS) and Commercial Lasers and Components (CLC). SLS develops and manufactures configurable products serving the microelectronics, scientific research and government programs, and original equipment manufacturer (OEM) components and instrumentation markets. The Commercial Lasers and Components segment focuses on higher volume products that are offered in set configurations. The product architectures are designed for exchange at the point of use such that substantially all product service and repairs are based upon advanced replacement and depot (that is factory) repair. CLC’s primary markets include materials processing, OEM components, and instrumentation and microelectronics.

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