Cohu, Inc. (NASDAQ:COHU - Get Free Report)'s share price reached a new 52-week low during mid-day trading on Monday . The company traded as low as $19.33 and last traded at $19.34, with a volume of 517214 shares trading hands. The stock had previously closed at $21.03.
Wall Street Analysts Forecast Growth
Several analysts have recently issued reports on COHU shares. Stifel Nicolaus decreased their target price on shares of Cohu from $40.00 to $35.00 and set a "buy" rating on the stock in a research report on Friday, February 14th. TD Cowen reduced their price objective on Cohu from $36.00 to $30.00 and set a "buy" rating on the stock in a report on Friday, November 1st. Needham & Company LLC reiterated a "hold" rating on shares of Cohu in a report on Tuesday. Craig Hallum raised Cohu from a "hold" rating to a "buy" rating and set a $30.00 price target on the stock in a research report on Friday, November 1st. Finally, B. Riley lowered their price objective on shares of Cohu from $34.00 to $30.00 and set a "buy" rating for the company in a research note on Friday, February 14th. Two analysts have rated the stock with a sell rating, two have given a hold rating and four have issued a buy rating to the company's stock. According to data from MarketBeat.com, the stock currently has an average rating of "Hold" and a consensus target price of $30.57.
Get Our Latest Report on Cohu
Cohu Trading Down 0.3 %
The stock has a market capitalization of $945.64 million, a PE ratio of -13.53 and a beta of 1.45. 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 moving average of $23.83 and a two-hundred day moving average of $25.11.
Cohu (NASDAQ:COHU - Get Free Report) last released its earnings results on Thursday, February 20th. The semiconductor company reported ($0.25) earnings per share (EPS) for the quarter, missing the consensus estimate 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 predict that Cohu, Inc. will post -0.36 EPS for the current year.
Institutional Trading of Cohu
A number of institutional investors have recently made changes to their positions in the company. Tower Research Capital LLC TRC raised its stake in Cohu by 14.5% during the fourth quarter. Tower Research Capital LLC TRC now owns 3,842 shares of the semiconductor company's stock worth $103,000 after purchasing an additional 486 shares during the period. First Horizon Advisors Inc. grew its stake in shares of 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 buying an additional 535 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in shares of Cohu by 3.3% during the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 26,309 shares of the semiconductor company's stock worth $702,000 after purchasing an additional 837 shares in the last quarter. Vident Advisory LLC boosted its position in Cohu by 5.3% in the 4th quarter. Vident Advisory LLC now owns 18,450 shares of the semiconductor company's stock valued at $493,000 after buying an additional 933 shares during the period. Finally, KBC Group NV increased its holdings in Cohu by 75.7% during the 4th quarter. KBC Group NV now owns 2,627 shares of the semiconductor company's stock worth $70,000 after purchasing an additional 1,132 shares during the period. 94.67% of the stock is owned by institutional investors and hedge funds.
Cohu Company Profile
(
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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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