Brokerages Set Cohu, Inc. (NASDAQ:COHU) PT at $30.57

Shares of Cohu, Inc. (NASDAQ:COHU - Get Free Report) have earned an average rating of "Hold" from the seven ratings firms that are covering the stock, MarketBeat reports. One research 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 12 month price objective among analysts that have issued a report on the stock in the last year is $30.57.

Several equities analysts recently weighed in on the company. The Goldman Sachs Group lowered their target price on Cohu from $26.00 to $23.00 and set a "sell" rating on the stock in a research report on Friday, November 1st. B. Riley lowered 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. Craig Hallum upgraded Cohu from a "hold" rating to a "buy" rating and set a $30.00 target price on the stock in a research report on Friday, November 1st. Stifel Nicolaus lowered 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. Finally, Needham & Company LLC reiterated a "hold" rating on shares of Cohu in a research report on Friday, February 14th.

Cohu Stock Performance

Shares of COHU stock traded up $0.07 on Monday, reaching $21.46. The stock had a trading volume of 444,423 shares, compared to its average volume of 392,027. The stock has a market cap of $1.00 billion, a P/E ratio of -14.31 and a beta of 1.45. Cohu has a 1 year low of $19.52 and a 1 year high of $36.60. The company has a debt-to-equity ratio of 0.01, a quick ratio of 4.69 and a current ratio of 6.38. The company has a 50 day simple moving average of $24.52 and a 200 day simple moving average of $25.27.

Cohu (NASDAQ:COHU - Get Free Report) last released its quarterly earnings results on Thursday, February 20th. The semiconductor company reported ($0.25) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.07) by ($0.18). Cohu had a negative return on equity of 3.18% and a negative net margin of 17.38%. Equities research analysts expect that Cohu will post 0.48 EPS for the current year.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the stock. Creative Planning increased its position in shares of Cohu by 219.4% in the 3rd quarter. Creative Planning now owns 27,237 shares of the semiconductor company's stock valued at $700,000 after acquiring an additional 18,709 shares during the period. International Assets Investment Management LLC purchased a new stake in Cohu during the 3rd quarter valued at about $528,000. Assenagon Asset Management S.A. increased its holdings in shares of Cohu by 286.1% in the third quarter. Assenagon Asset Management S.A. now owns 107,817 shares of the semiconductor company's stock valued at $2,771,000 after purchasing an additional 79,890 shares during the period. Tributary Capital Management LLC raised its stake in shares of Cohu by 46.4% in the third quarter. Tributary Capital Management LLC now owns 521,047 shares of the semiconductor company's stock worth $13,391,000 after purchasing an additional 165,135 shares during the last quarter. Finally, US Bancorp DE lifted its holdings in shares of Cohu by 59.7% during the third quarter. US Bancorp DE now owns 8,823 shares of the semiconductor company's stock worth $227,000 after purchasing an additional 3,297 shares during the period. Institutional investors and hedge funds own 94.67% of the company's stock.

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.