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Why Coherent (COHR) Might be Well Poised for a Surge
ZACKS· 2025-11-12 18:21
Core Insights - Coherent (COHR) shows a significant improvement in earnings outlook, making it an attractive investment option as analysts continue to raise earnings estimates [1][2] - The upward trend in earnings estimate revisions indicates growing analyst optimism, which is expected to positively impact the stock price [2][3] Current-Quarter Estimate Revisions - For the current quarter, Coherent is projected to earn $1.20 per share, reflecting a 26.3% increase from the previous year [6] - In the last 30 days, six estimates have been revised upward with no negative revisions, leading to a 10.28% increase in the Zacks Consensus Estimate [6] Current-Year Estimate Revisions - The full-year earnings estimate stands at $5.02 per share, representing a 42.2% increase from the prior year [7] - Over the past month, seven estimates have been raised with no negative revisions, indicating a positive trend for the current year [7] Zacks Rank and Performance - Coherent currently holds a Zacks Rank 2 (Buy), supported by favorable estimate revisions [8] - Stocks with Zacks Rank 1 (Strong Buy) and 2 (Buy) have historically outperformed the S&P 500 [8] Stock Performance - Coherent's stock has risen by 44.5% over the past four weeks due to strong estimate revisions, suggesting potential for further upside [9]
Richtech (RR) Reports Q3 Loss, Lags Revenue Estimates
ZACKS· 2025-08-12 00:06
Core Insights - Richtech (RR) reported a quarterly loss of $0.04 per share, matching the Zacks Consensus Estimate, compared to a loss of $0.02 per share a year ago [1] - The company's revenues for the quarter ended June 2025 were $1.18 million, missing the Zacks Consensus Estimate by 17.11% and down from $1.44 million year-over-year [2] - Richtech shares have declined approximately 32.2% year-to-date, contrasting with the S&P 500's gain of 8.6% [3] Financial Performance - The company has consistently failed to meet consensus EPS estimates over the last four quarters [1] - Richtech's revenue performance has also not surpassed consensus estimates in the same timeframe [2] - Current consensus EPS estimate for the upcoming quarter is -$0.04 on revenues of $1.64 million, and for the current fiscal year, it is -$0.15 on revenues of $5.49 million [7] Market Outlook - The sustainability of Richtech's stock price movement will largely depend on management's commentary during the earnings call [3] - The estimate revisions trend for Richtech was mixed prior to the earnings release, resulting in a Zacks Rank 3 (Hold) for the stock, indicating expected performance in line with the market [6] - The Technology Services industry, to which Richtech belongs, is currently in the top 37% of Zacks industries, suggesting a favorable outlook compared to the bottom 50% [8]
Veritone, Inc. (VERI) Reports Q2 Loss, Beats Revenue Estimates
ZACKS· 2025-08-07 23:56
Group 1 - Veritone, Inc. reported a quarterly loss of $0.18 per share, slightly better than the Zacks Consensus Estimate of a loss of $0.19, and the same as the loss reported a year ago [1] - The company posted revenues of $24.01 million for the quarter ended June 2025, surpassing the Zacks Consensus Estimate by 0.98%, but down from $30.99 million year-over-year [2] - Veritone shares have declined approximately 29.9% since the beginning of the year, contrasting with the S&P 500's gain of 7.9% [3] Group 2 - The current consensus EPS estimate for the upcoming quarter is -$0.12 on revenues of $28.45 million, and for the current fiscal year, it is -$0.58 on revenues of $108.01 million [7] - The Zacks Industry Rank indicates that the Technology Services sector is in the top 38% of over 250 Zacks industries, suggesting a favorable outlook compared to the bottom 50% [8]
Surging Earnings Estimates Signal Upside for Coherent (COHR) Stock
ZACKS· 2025-07-30 17:21
Core Viewpoint - Coherent (COHR) is experiencing solid improvement in earnings estimates, leading to positive short-term price momentum, which is expected to continue due to an improving earnings outlook [1][2]. Earnings Estimate Revisions - The trend in estimate revisions reflects growing analyst optimism regarding Coherent's earnings prospects, which is likely to influence its stock price positively [2]. - The Zacks Rank system indicates a strong correlation between earnings estimate revisions and near-term stock price movements [2]. - Current-quarter earnings estimate is $0.93 per share, showing a year-over-year increase of +52.5% [6]. - The Zacks Consensus Estimate for the current quarter has risen by 5.47% over the last 30 days, with three estimates increasing and no negative revisions [6]. - For the full year, Coherent is expected to earn $3.53 per share, representing a year-over-year change of +111.4% [7]. - The consensus estimate for the current year has increased by 5.68%, with three estimates moving higher and no negative revisions [8]. Zacks Rank and Performance - Coherent has achieved a Zacks Rank 1 (Strong Buy) due to favorable estimate revisions, which is a reliable indicator for investors [9]. - Stocks with Zacks Rank 1 and 2 have historically outperformed the S&P 500 [9]. - The stock has gained 23.5% over the past four weeks, driven by solid estimate revisions and positive earnings growth prospects [10].