Shares of Cohu, Inc. (NASDAQ:COHU – Get Free Report) have received a consensus recommendation of “Moderate Buy” from the five brokerages that are currently covering the firm, Marketbeat Ratings reports. Two investment analysts have rated the stock with a hold recommendation and three have given a buy recommendation to the company. The average twelve-month price target among analysts that have issued a report on the stock in the last year is $35.00.
A number of research analysts recently commented on COHU shares. Citigroup downgraded shares of Cohu from a “buy” rating to a “neutral” rating and set a $36.00 price objective on the stock. in a research report on Monday, July 15th. Needham & Company LLC lowered their price target on shares of Cohu from $37.00 to $33.00 and set a “buy” rating on the stock in a report on Thursday, August 1st. Finally, StockNews.com lowered Cohu from a “hold” rating to a “sell” rating in a report on Friday, August 2nd.
Get Our Latest Stock Analysis on COHU
Institutional Investors Weigh In On Cohu
Cohu Price Performance
COHU opened at $25.57 on Friday. The firm has a market capitalization of $1.20 billion, a P/E ratio of -511.40 and a beta of 1.53. The stock has a fifty day moving average of $26.48 and a 200-day moving average of $29.82. The company has a quick ratio of 5.09, a current ratio of 6.95 and a debt-to-equity ratio of 0.01. Cohu has a 12-month low of $22.80 and a 12-month high of $36.60.
Cohu (NASDAQ:COHU – Get Free Report) last announced its quarterly earnings data on Wednesday, July 31st. The semiconductor company reported ($0.12) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.09) by ($0.03). Cohu had a positive return on equity of 1.27% and a negative net margin of 5.70%. The business had revenue of $104.70 million during the quarter, compared to analysts’ expectations of $105.00 million. Equities analysts forecast that Cohu will post -0.41 EPS for the current fiscal year.
About Cohu
Cohu, Inc, through its subsidiaries, provides semiconductor test equipment and services in China, the United States, Taiwan, Malaysia, the Philippines, and internationally. The company supplies semiconductor test and inspection handlers, micro-electromechanical system (MEMS) test modules, test contactors, thermal sub-systems, and semiconductor automated test equipment for semiconductor manufacturers and test subcontractors.
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