Cohu, Inc. (NASDAQ:COHU – Get Free Report) has received a consensus recommendation of “Moderate Buy” from the five research firms that are presently covering the company, MarketBeat Ratings reports. Two analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The average 12 month target price among brokers that have issued ratings on the stock in the last year is $35.00.
COHU has been the subject of several recent analyst reports. StockNews.com cut shares of Cohu from a “hold” rating to a “sell” rating in a report on Friday, August 2nd. Needham & Company LLC lowered their price target on Cohu from $37.00 to $33.00 and set a “buy” rating on the stock in a report on Thursday, August 1st. Finally, Citigroup downgraded Cohu from a “buy” rating to a “neutral” rating and set a $36.00 price objective for the company. in a research note on Monday, July 15th.
Hedge Funds Weigh In On Cohu
Cohu Price Performance
Shares of NASDAQ:COHU opened at $24.79 on Friday. The stock has a market cap of $1.17 billion, a price-to-earnings ratio of -495.80 and a beta of 1.53. The company has a debt-to-equity ratio of 0.01, a current ratio of 6.95 and a quick ratio of 5.09. Cohu has a 12 month low of $22.80 and a 12 month high of $36.60. The stock’s 50 day moving average price is $27.25 and its 200 day moving average price is $30.01.
Cohu (NASDAQ:COHU – Get Free Report) last issued its quarterly earnings results on Wednesday, July 31st. The semiconductor company reported ($0.12) 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 the consensus estimate of $105.00 million. Equities research analysts anticipate that Cohu will post -0.41 earnings per share 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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