Cohu, Inc. (COHU) Receives Consensus Recommendation of “Hold” from Brokerages

Share on StockTwits

Cohu, Inc. (NASDAQ:COHU) has been assigned an average recommendation of “Hold” from the seven brokerages that are currently covering the company, Marketbeat.com reports. One analyst has rated the stock with a sell recommendation, two have given a hold recommendation and three have assigned a buy recommendation to the company. The average 12-month target price among brokerages that have updated their coverage on the stock in the last year is $23.00.

COHU has been the topic of several recent analyst reports. ValuEngine upgraded shares of Cohu from a “sell” rating to a “hold” rating in a report on Monday, February 4th. BidaskClub lowered shares of Cohu from a “hold” rating to a “sell” rating in a report on Friday, March 1st. B. Riley reiterated a “buy” rating on shares of Cohu in a report on Tuesday, March 5th. DA Davidson reiterated a “buy” rating on shares of Cohu in a report on Wednesday, March 13th. Finally, TheStreet lowered shares of Cohu from a “b-” rating to a “c” rating in a report on Wednesday, March 13th.

In other news, Director William Bendush sold 3,000 shares of the business’s stock in a transaction dated Monday, May 13th. The shares were sold at an average price of $16.52, for a total transaction of $49,560.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, VP Jeffrey D. Jones bought 4,000 shares of the firm’s stock in a transaction dated Thursday, May 23rd. The shares were acquired at an average cost of $14.35 per share, with a total value of $57,400.00. The disclosure for this purchase can be found here. 3.52% of the stock is currently owned by corporate insiders.

Several large investors have recently bought and sold shares of the company. Zebra Capital Management LLC increased its position in shares of Cohu by 7.6% during the first quarter. Zebra Capital Management LLC now owns 11,599 shares of the semiconductor company’s stock worth $171,000 after acquiring an additional 817 shares in the last quarter. Wellington Management Group LLP grew its position in Cohu by 6.2% in the 1st quarter. Wellington Management Group LLP now owns 3,464,533 shares of the semiconductor company’s stock worth $51,102,000 after purchasing an additional 202,144 shares in the last quarter. Pinebridge Investments L.P. grew its position in Cohu by 5.5% in the 1st quarter. Pinebridge Investments L.P. now owns 16,185 shares of the semiconductor company’s stock worth $239,000 after purchasing an additional 838 shares in the last quarter. Geode Capital Management LLC grew its position in Cohu by 7.4% in the 1st quarter. Geode Capital Management LLC now owns 489,211 shares of the semiconductor company’s stock worth $7,215,000 after purchasing an additional 33,758 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. grew its position in Cohu by 4.5% in the 1st quarter. Charles Schwab Investment Management Inc. now owns 231,300 shares of the semiconductor company’s stock worth $3,412,000 after purchasing an additional 9,867 shares in the last quarter. 91.62% of the stock is owned by institutional investors.

COHU stock traded up $0.18 during midday trading on Monday, hitting $14.71. The stock had a trading volume of 258,097 shares, compared to its average volume of 467,672. The firm has a market cap of $603.36 million, a price-to-earnings ratio of 11.86, a PEG ratio of 4.50 and a beta of 1.36. The company has a quick ratio of 2.27, a current ratio of 3.22 and a debt-to-equity ratio of 0.70. Cohu has a 1-year low of $14.08 and a 1-year high of $27.83.

Cohu (NASDAQ:COHU) last released its earnings results on Monday, May 6th. The semiconductor company reported ($0.10) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.09) by ($0.01). The firm had revenue of $147.81 million during the quarter, compared to analyst estimates of $145.00 million. Cohu had a negative net margin of 12.48% and a positive return on equity of 6.17%. Cohu’s quarterly revenue was up 55.3% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.36 EPS. Research analysts expect that Cohu will post 0.33 earnings per share for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, July 26th. Stockholders of record on Friday, June 14th will be issued a dividend of $0.06 per share. The ex-dividend date of this dividend is Thursday, June 13th. This represents a $0.24 annualized dividend and a dividend yield of 1.63%. Cohu’s dividend payout ratio is currently 19.35%.

About Cohu

Cohu, Inc, through its subsidiaries, provides semiconductor test and inspection handlers, micro-electro mechanical system (MEMS) test modules, test contactors, thermal sub-systems, semiconductor automated test equipment (ATE), and bare board printed circuit board (PCB) test systems for semiconductor and electronics manufacturers, and test subcontractors worldwide.

Read More: What is Compound Interest?

Receive News & Ratings for Cohu Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cohu and related companies with MarketBeat.com's FREE daily email newsletter.



Latest News

Autoliv  PT Lowered to $62.00 at Buckingham Research
Autoliv PT Lowered to $62.00 at Buckingham Research
Shotspotter  Cut to “Market Perform” at Northland Securities
Shotspotter Cut to “Market Perform” at Northland Securities
Buckingham Research Increases Sonic Automotive  Price Target to $20.00
Buckingham Research Increases Sonic Automotive Price Target to $20.00
Vail Resorts  Earns Market Perform Rating from Analysts at Wells Fargo & Co
Vail Resorts Earns Market Perform Rating from Analysts at Wells Fargo & Co
Johnson Outdoors  Downgraded by Sidoti
Johnson Outdoors Downgraded by Sidoti
Autoliv  Stock Rating Upgraded by Robert W. Baird
Autoliv Stock Rating Upgraded by Robert W. Baird


© 2006-2019 Ticker Report