10.59% to Target, Benchmark Co. Keeps Buy Rating for Coherent (COHR) Stock; Olympic Steel (ZEUS) Sentiment Is 1.23

July 20, 2017 - By Clifton Ray

Olympic Steel, Inc. is a metals service center. The company has market cap of $194.20 million. The Firm provides metals processing and distribution services for a range of customers. It has a 28.36 P/E ratio. The Firm operates through three divisions: carbon flat products, specialty metals flat products, and tubular and pipe products.

Among 6 analysts covering Coherent (NASDAQ:COHR), 5 have Buy rating, 0 Sell and 1 Hold. Therefore 83% are positive. Coherent has $325 highest and $72 lowest target. $249’s average target is -6.65% below currents $266.74 stock price. Coherent had 16 analyst reports since August 3, 2015 according to SRatingsIntel. The firm has “Buy” rating by Benchmark given on Thursday, November 10. TheStreet downgraded the stock to “Buy” rating in Wednesday, September 2 report. Longbow maintained the shares of COHR in report on Monday, June 12 with “Buy” rating. The rating was maintained by Longbow on Wednesday, June 28 with “Buy”. The company was maintained on Monday, January 9 by Stifel Nicolaus. Needham maintained the stock with “Buy” rating in Friday, January 29 report. Stifel Nicolaus maintained Coherent, Inc. (NASDAQ:COHR) rating on Monday, March 7. Stifel Nicolaus has “Buy” rating and $100 target. The firm has “Buy” rating given on Thursday, November 3 by Needham. The firm has “Neutral” rating by Susquehanna given on Wednesday, February 15. The firm earned “Buy” rating on Tuesday, January 3 by Stifel Nicolaus.

Investors sentiment decreased to 1.05 in Q4 2016. Its down 0.03, from 1.08 in 2016Q3. It dropped, 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. Virginia Retirement System Et Al accumulated 9,400 shares. Cibc Mkts Incorporated reported 0.01% of its portfolio in Coherent, Inc. (NASDAQ:COHR). First Interstate Bank & Trust invested in 0.04% or 1,400 shares. Envestnet Asset invested 0% in Coherent, Inc. (NASDAQ:COHR). Suntrust Banks has invested 0.01% of its portfolio in Coherent, Inc. (NASDAQ:COHR). Deutsche Fincl Bank Ag, a Germany-based fund reported 102,383 shares. Franklin reported 5,100 shares. Northwestern Mutual Wealth Mgmt Co reported 26 shares. 47,711 were reported by Assetmark. Price T Rowe Md owns 427,157 shares. Boston Family Office Limited Liability Company accumulated 3,640 shares or 0.06% of the stock. Etrade Capital Mngmt Ltd Llc has 7,520 shares for 0.05% of their portfolio. Lpl Llc has invested 0.01% in Coherent, Inc. (NASDAQ:COHR). Stifel Finance, Missouri-based fund reported 4,759 shares. Tiaa Cref Invest Ltd Liability Company holds 0.01% or 109,627 shares in its portfolio.

The stock increased 0.47% or $1.26 during the last trading session, reaching $266.74. About shares traded. Coherent, Inc. (NASDAQ:COHR) has risen 187.82% since July 20, 2016 and is uptrending. It has outperformed by 171.12% the S&P500.

Analysts await Coherent, Inc. (NASDAQ:COHR) to report earnings on August, 1 after the close. They expect $3.45 earnings per share, up 283.33% or $2.55 from last year’s $0.9 per share. COHR’s profit will be $82.00 million for 19.33 P/E if the $3.45 EPS becomes a reality. After $2.71 actual earnings per share reported by Coherent, Inc. for the previous quarter, Wall Street now forecasts 27.31% EPS growth.

Since February 1, 2017, it had 0 insider purchases, and 15 selling transactions for $22.11 million activity. $1.19 million worth of Coherent, Inc. (NASDAQ:COHR) was sold by SOBEY MARK STEWART. $794,406 worth of Coherent, Inc. (NASDAQ:COHR) was sold by Sechrist Paul F on Wednesday, February 1. VIJ SANDEEP sold $3.42M worth of Coherent, Inc. (NASDAQ:COHR) on Friday, May 12. AMBROSEO JOHN also sold $5.24 million worth of Coherent, Inc. (NASDAQ:COHR) shares. $671,732 worth of Coherent, Inc. (NASDAQ:COHR) was sold by JAMES SUSAN M. on Friday, February 17. $437,494 worth of Coherent, Inc. (NASDAQ:COHR) was sold by DiMarco Bret. ROGERSON GARRY W sold $1.16M worth of stock or 4,500 shares.

Coherent, Inc. is a photonics manufacturer. The company has market cap of $6.34 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 53.74 P/E ratio. It operates through two divisions: Specialty Lasers and Systems and Commercial Lasers and Components (CLC).

Sg Capital Management Llc holds 0.46% of its portfolio in Olympic Steel, Inc. for 114,727 shares. Ancora Advisors Llc owns 74,093 shares or 0.13% of their US portfolio. Moreover, Foundry Partners Llc has 0.13% invested in the company for 123,035 shares. The United Kingdom-based Gsa Capital Partners Llp has invested 0.09% in the stock. Numeric Investors Llc, a Massachusetts-based fund reported 350,196 shares.

Analysts await Olympic Steel, Inc. (NASDAQ:ZEUS) to report earnings on August, 3 before the open. They expect $0.42 earnings per share, up 10.53% or $0.04 from last year’s $0.38 per share. ZEUS’s profit will be $4.43 million for 10.96 P/E if the $0.42 EPS becomes a reality. After $0.51 actual earnings per share reported by Olympic Steel, Inc. for the previous quarter, Wall Street now forecasts -17.65% negative EPS growth.

Since January 1, 0001, it had 7 buys, and 0 sales for $205,049 activity.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our daily email newsletter.





Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter: