Cohu, Inc. (NASDAQ:COHU) Receives Consensus Rating of “Hold” from Analysts

Cohu, Inc. (NASDAQ:COHU) has received a consensus recommendation of “Hold” from the seven research firms that are presently covering the stock, MarketBeat.com reports. One analyst has rated the stock with a sell recommendation, two have given a hold recommendation and four have given a buy recommendation to the company. The average 1 year price target among brokers that have issued ratings on the stock in the last year is $30.57.

A number of research analysts have issued reports on the company. Stifel Nicolaus decreased their target price on Cohu from $40.00 to $35.00 and set a “buy” rating on the stock in a research report on Friday, February 14th. Needham & Company LLC reiterated a “hold” rating on shares of Cohu in a research report on Tuesday, February 25th. Finally, B. Riley decreased their target price on Cohu from $34.00 to $30.00 and set a “buy” rating on the stock in a research report on Friday, February 14th.

Institutional Trading of Cohu

Hedge funds and other institutional investors have recently made changes to their positions in the company. Mitsubishi UFJ Asset Management Co. Ltd. grew its holdings in shares of Cohu by 1,225.7% during the fourth quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 1,392 shares of the semiconductor company’s stock worth $37,000 after purchasing an additional 1,287 shares during the last quarter. Sterling Capital Management LLC boosted its holdings in Cohu by 826.9% in the fourth quarter. Sterling Capital Management LLC now owns 1,483 shares of the semiconductor company’s stock valued at $40,000 after acquiring an additional 1,323 shares during the last quarter. First Horizon Advisors Inc. boosted its holdings in Cohu by 49.2% in the third quarter. First Horizon Advisors Inc. now owns 1,622 shares of the semiconductor company’s stock valued at $42,000 after acquiring an additional 535 shares during the last quarter. Smartleaf Asset Management LLC boosted its holdings in Cohu by 413.3% in the fourth quarter. Smartleaf Asset Management LLC now owns 1,740 shares of the semiconductor company’s stock valued at $46,000 after acquiring an additional 1,401 shares during the last quarter. Finally, KBC Group NV boosted its holdings in Cohu by 75.7% in the fourth quarter. KBC Group NV now owns 2,627 shares of the semiconductor company’s stock valued at $70,000 after acquiring an additional 1,132 shares during the last quarter. 94.67% of the stock is currently owned by institutional investors.

Cohu Stock Down 1.3 %

COHU stock opened at $16.89 on Friday. The company has a market cap of $788.93 million, a PE ratio of -11.26 and a beta of 1.50. The business has a 50-day simple moving average of $20.92 and a 200 day simple moving average of $24.17. Cohu has a 52 week low of $15.61 and a 52 week high of $36.60. The company has a quick ratio of 4.69, a current ratio of 6.38 and a debt-to-equity ratio of 0.01.

Cohu (NASDAQ:COHU) last posted its quarterly earnings results on Thursday, February 20th. The semiconductor company reported ($0.25) EPS for the quarter, missing analysts’ consensus estimates of ($0.07) by ($0.18). Cohu had a negative net margin of 17.38% and a negative return on equity of 3.18%. Sell-side analysts anticipate that Cohu will post -0.36 EPS for the current fiscal year.

Cohu Company Profile

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.