Coherent, Inc. (COHR) EPS Estimated At $3.45; Tri-continental (TY) Sentiment Is 1.52

July 17, 2017 - By Dolores Ford

Analysts expect Coherent, Inc. (NASDAQ:COHR) to report $3.45 EPS on August, 1 after the close.They anticipate $2.55 EPS change or 283.33% from last quarter’s $0.9 EPS. COHR’s profit would be $86.48 million giving it 19.86 P/E if the $3.45 EPS is correct. After having $2.71 EPS previously, Coherent, Inc.’s analysts see 27.31% EPS growth. About 277,509 shares traded. Coherent, Inc. (NASDAQ:COHR) has risen 187.82% since July 17, 2016 and is uptrending. It has outperformed by 171.12% the S&P500.

Tri-Continental Corporation is a diversified, closed-end management investment company. The company has market cap of $1.40 billion. The Fund’s objective is to produce future growth of both capital and income while providing reasonable current incomes. It has a 7.49 P/E ratio. The Fund’s permissible investments include preferred and common stocks, convertible securities, including convertible preferred stocks and convertible bonds, debt securities, repurchase agreements, derivatives, including options, futures contracts and equity-linked notes, illiquid securities and securities of foreign issuers, including emerging markets issuers.

Since February 1, 2017, it had 0 buys, and 15 selling transactions for $22.11 million activity. ROGERSON GARRY W sold $909,850 worth of stock. On Monday, May 15 the insider SKAGGS STEPHEN A sold $124,740. 3,500 Coherent, Inc. (NASDAQ:COHR) shares with value of $671,732 were sold by JAMES SUSAN M.. $1.19M worth of stock was sold by SOBEY MARK STEWART on Wednesday, May 24. AMBROSEO JOHN also sold $5.24 million worth of Coherent, Inc. (NASDAQ:COHR) on Monday, February 13. $727,880 worth of Coherent, Inc. (NASDAQ:COHR) was sold by Sechrist Paul F on Wednesday, February 8. $653,175 worth of Coherent, Inc. (NASDAQ:COHR) was sold by DiMarco Bret on Friday, May 5.

Among 6 analysts covering Coherent (NASDAQ:COHR), 5 have Buy rating, 0 Sell and 1 Hold. Therefore 83% are positive. Coherent had 16 analyst reports since August 3, 2015 according to SRatingsIntel. The stock of Coherent, Inc. (NASDAQ:COHR) has “Neutral” rating given on Wednesday, February 15 by Susquehanna. Longbow maintained Coherent, Inc. (NASDAQ:COHR) rating on Monday, June 12. Longbow has “Buy” rating and $325 target. Needham maintained Coherent, Inc. (NASDAQ:COHR) on Thursday, November 3 with “Buy” rating. As per Tuesday, January 3, the company rating was maintained by Stifel Nicolaus. The company was maintained on Friday, January 29 by Stifel Nicolaus. The stock has “Buy” rating by Benchmark on Thursday, November 10. On Monday, March 7 the stock rating was maintained by Stifel Nicolaus with “Buy”. The company was maintained on Friday, January 29 by Needham. As per Monday, January 9, the company rating was maintained by Stifel Nicolaus. Benchmark maintained Coherent, Inc. (NASDAQ:COHR) on Monday, June 12 with “Buy” rating.

Coherent, Inc. is a photonics manufacturer. The company has market cap of $6.87 billion. The Firm is engaged in designing, manufacturing, servicing and marketing of lasers and related accessories for a range of scientific, commercial and industrial applications. It has a 55.22 P/E ratio. It operates through two divisions: Specialty Lasers and Systems and Commercial Lasers and Components (CLC).

Investors sentiment decreased to 1.05 in Q4 2016. Its down 0.03, from 1.08 in 2016Q3. It dived, as 21 investors sold Coherent, Inc. shares while 96 reduced holdings. 58 funds opened positions while 65 raised stakes. 22.39 million shares or 0.42% less from 22.48 million shares in 2016Q3 were reported. Cortina Asset Management Ltd Llc has 58,957 shares for 0.34% of their portfolio. Nomura owns 1,742 shares for 0% of their portfolio. Comerica Savings Bank invested in 26,283 shares. Virginia Retirement Et Al reported 0.02% of its portfolio in Coherent, Inc. (NASDAQ:COHR). Kames Plc reported 395,560 shares or 0% of all its holdings. Voya Inv Mngmt Limited Liability Company invested 0.07% in Coherent, Inc. (NASDAQ:COHR). Federated Investors Incorporated Pa invested 0.01% of its portfolio in Coherent, Inc. (NASDAQ:COHR). Guggenheim Limited Liability Company invested in 0% or 10,693 shares. First Trust Ltd Partnership holds 24,893 shares. Grantham Mayo Van Otterloo And Co Limited holds 0.01% or 10,200 shares. Hanson Mcclain owns 459 shares or 0.01% of their US portfolio. Alliancebernstein Limited Partnership holds 36,599 shares. Westwood Mgmt Corporation Il invested in 6.09% or 230,900 shares. Syntal Capital Prns Limited Co reported 2,774 shares. Panagora Asset has invested 0.11% in Coherent, Inc. (NASDAQ:COHR).

It is down 18.43% since July 17, 2016 and is uptrending. It has outperformed by 1.73% the S&P500.

Since January 1, 0001, it had 1 buy, and 0 selling transactions for $228,628 activity.

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