Garry Rogerson - Coherent Independent Chairman of the Board

COHR Stock  USD 49.26  1.74  3.41%   

Chairman

Dr. Garry W. Rogerson, Ph.D., is an Independent Chairman of the Board of the Company. Mr. Rogerson has served as Coherent Chairman of the Board since June 2007. Since September 2015, Mr. Rogerson was a private investor. From August 2011 to September 2015, Mr. Rogerson was Chief Executive Officer and a member of the Board of Directors of Advanced Energy Industries, Inc., a provider of power and control technologies for thin film manufacturing and solarpower generation, after which he agreed to serve as a special advisor for a period of time. He was Chairman and Chief Executive Officer of Varian, Inc., a major supplier of scientific instruments and consumable laboratory supplies, vacuum products and services, from February 2009 and 2004, respectively, until the purchase of Varian by Agilent Technologies, Inc. in May 2010. Mr. Rogerson served as Varian Chief Operating Officer from 2002 to 2004, as Senior Vice President, Scientific Instruments from 2001 to 2002, and as Vice President, Analytical Instruments from 1999 to 2001 since 2007.
Age 65
Tenure 17 years
Professional MarksPh.D
Address 375 Saxonburg Boulevard, Saxonburg, PA, United States, 16056
Phone724 352 4455
Webhttps://www.coherent.com
Rogerson received an honours degree and Ph.D. in biochemistry as well as an honorary doctoral science degree from the University of Kent at Canterbury.

Coherent Management Efficiency

The company has return on total asset (ROA) of 0.0153 % which means that it generated a profit of $0.0153 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (0.035) %, meaning that it created substantial loss on money invested by shareholders. Coherent's management efficiency ratios could be used to measure how well Coherent manages its routine affairs as well as how well it operates its assets and liabilities. As of 04/19/2024, Return On Tangible Assets is likely to grow to -0.05. In addition to that, Return On Capital Employed is likely to drop to 0. At this time, Coherent's Intangibles To Total Assets are relatively stable compared to the past year. As of 04/19/2024, Debt To Assets is likely to grow to 0.31, though Return On Tangible Assets are likely to grow to (0.05).
The company currently holds 4.49 B in liabilities with Debt to Equity (D/E) ratio of 0.56, which is about average as compared to similar companies. Coherent has a current ratio of 3.33, suggesting that it is liquid enough and is able to pay its financial obligations when due. Debt can assist Coherent until it has trouble settling it off, either with new capital or with free cash flow. So, Coherent's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Coherent sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Coherent to invest in growth at high rates of return. When we think about Coherent's use of debt, we should always consider it together with cash and equity.

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Coherent Corp. develops, manufactures, and markets engineered materials, optoelectronic components, and devices worldwide. Coherent Corp. was incorporated in 1971 and is headquartered in Saxonburg, Pennsylvania. Coherent Corp operates under Scientific Technical Instruments classification in the United States and is traded on NASDAQ Exchange. It employs 23658 people. Coherent (COHR) is traded on New York Stock Exchange in USA. It is located in 375 Saxonburg Boulevard, Saxonburg, PA, United States, 16056 and employs 26,000 people. Coherent is listed under Electronic Equipment, Instruments & Components category by Fama And French industry classification.

Management Performance

Coherent Leadership Team

Elected by the shareholders, the Coherent's board of directors comprises two types of representatives: Coherent inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Coherent. The board's role is to monitor Coherent's management team and ensure that shareholders' interests are well served. Coherent's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Coherent's outside directors are responsible for providing unbiased perspectives on the board's policies.
Garry Rogerson, Independent Chairman of the Board
Mark Sobey, Executive VP and General Manager of Specialty Laser Systems
Sandeep Vij, Independent Director
William Krause, Independent Director
Julie Eng, Chief Officer
Steve Skaggs, Independent Director
Helene Simonet, CFO, Executive Vice President
Christopher Koeppen, Chief Officer
Mark Lourie, VP Communications
Dr Mattera, Board CEO
Giovanni Barbarossa, President Officer
Mary Raymond, NonExecutive Officer
Stephen Skaggs, Independent Director
Anantha Ganga, Chief Officer
Pamela Fletcher, Director
Carl Johnson, CoFounder
Michael McMullen, Director
Paul Sechrist, Executive VP of Worldwide Sales and Services
Bret DiMarco, Executive VP, General Counsel and Corporate Secretary
Thomas Merk, Executive Vice President and General Manager, Industrial Lasers & Systems
Luis Spinelli, Executive Vice President CTO
Richard Martucci, Interim Treasurer
Paul JD, Vice Relations
John Ambroseo, CEO and President and Director
Kevin Palatnik, CFO, Executive Vice President
Walter II, President
Susan James, Independent Director
Jay Flatley, Independent Director
Ronald JD, Compliance Legal
Kay Matthews, Director
Ilaria Mocciaro, Chief VP

Coherent Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Coherent a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Coherent Investors Sentiment

The influence of Coherent's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Coherent. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Coherent's public news can be used to forecast risks associated with an investment in Coherent. The trend in average sentiment can be used to explain how an investor holding Coherent can time the market purely based on public headlines and social activities around Coherent. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Coherent's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Coherent's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Coherent's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Coherent.

Coherent Implied Volatility

    
  77.39  
Coherent's implied volatility exposes the market's sentiment of Coherent stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Coherent's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Coherent stock will not fluctuate a lot when Coherent's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Coherent in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Coherent's short interest history, or implied volatility extrapolated from Coherent options trading.

Pair Trading with Coherent

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Coherent position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Coherent will appreciate offsetting losses from the drop in the long position's value.

Moving together with Coherent Stock

  0.65DYSL Dynasil OfPairCorr

Moving against Coherent Stock

  0.76FCUV Focus UniversalPairCorr
The ability to find closely correlated positions to Coherent could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Coherent when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Coherent - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Coherent to buy it.
The correlation of Coherent is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Coherent moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Coherent moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Coherent can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Coherent is a strong investment it is important to analyze Coherent's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Coherent's future performance. For an informed investment choice regarding Coherent Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Coherent. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in rate.
To learn how to invest in Coherent Stock, please use our How to Invest in Coherent guide.
Note that the Coherent information on this page should be used as a complementary analysis to other Coherent's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.

Complementary Tools for Coherent Stock analysis

When running Coherent's price analysis, check to measure Coherent's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Coherent is operating at the current time. Most of Coherent's value examination focuses on studying past and present price action to predict the probability of Coherent's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Coherent's price. Additionally, you may evaluate how the addition of Coherent to your portfolios can decrease your overall portfolio volatility.
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Is Coherent's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Coherent. If investors know Coherent will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Coherent listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.61)
Earnings Share
(2.82)
Revenue Per Share
31.913
Quarterly Revenue Growth
(0.17)
Return On Assets
0.0153
The market value of Coherent is measured differently than its book value, which is the value of Coherent that is recorded on the company's balance sheet. Investors also form their own opinion of Coherent's value that differs from its market value or its book value, called intrinsic value, which is Coherent's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Coherent's market value can be influenced by many factors that don't directly affect Coherent's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Coherent's value and its price as these two are different measures arrived at by different means. Investors typically determine if Coherent is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Coherent's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.