Cohu (NASDAQ:COHU - Get Free Report) released its quarterly earnings data on Thursday. The semiconductor company reported ($0.25) EPS for the quarter, missing analysts' consensus estimates of ($0.07) by ($0.18), Zacks reports. Cohu had a negative net margin of 11.35% and a negative return on equity of 1.01%.
Cohu Trading Down 1.6 %
Shares of NASDAQ COHU traded down $0.35 during mid-day trading on Monday, hitting $21.12. The stock had a trading volume of 976,146 shares, compared to its average volume of 354,178. The company has a debt-to-equity ratio of 0.01, a quick ratio of 4.69 and a current ratio of 6.38. Cohu has a 1 year low of $19.52 and a 1 year high of $36.60. The business has a 50 day moving average price of $24.74 and a two-hundred day moving average price of $25.33. The firm has a market cap of $984.40 million, a P/E ratio of -19.56 and a beta of 1.45.
Analyst Upgrades and Downgrades
COHU has been the subject of several research analyst reports. Needham & Company LLC reiterated a "hold" rating on shares of Cohu in a research report on Friday. Craig Hallum upgraded shares of Cohu from a "hold" rating to a "buy" rating and set a $30.00 target price for the company in a research report on Friday, November 1st. Stifel Nicolaus dropped their target price on shares of Cohu from $40.00 to $35.00 and set a "buy" rating for the company in a research report on Friday. TD Cowen dropped their target price on shares of Cohu from $36.00 to $30.00 and set a "buy" rating for the company in a research report on Friday, November 1st. Finally, B. Riley dropped their target price on shares of Cohu from $34.00 to $30.00 and set a "buy" rating for the company in a research report on Friday. Two research analysts have rated the stock with a sell rating, two have assigned a hold rating and four have given a buy rating to the company. According to data from MarketBeat.com, the company currently has an average rating of "Hold" and an average target price of $30.57.
Get Our Latest Stock Analysis on COHU
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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