Cohu, Inc. (NASDAQ:COHU) Receives $30.57 Consensus Price Target from Analysts

Shares of Cohu, Inc. (NASDAQ:COHU) have received an average rating of “Hold” from the seven ratings firms that are currently covering the stock, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and four have issued a buy rating on the company. The average 1 year target price among brokerages that have updated their coverage on the stock in the last year is $30.57.

COHU has been the topic of several recent research reports. Needham & Company LLC reissued a “hold” rating on shares of Cohu in a research report on Tuesday, February 25th. Stifel Nicolaus reduced 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. Finally, B. Riley dropped their price target on shares of Cohu from $34.00 to $30.00 and set a “buy” rating on the stock in a research note on Friday, February 14th.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in COHU. Tower Research Capital LLC TRC grew its position in shares of Cohu by 14.5% in the 4th quarter. Tower Research Capital LLC TRC now owns 3,842 shares of the semiconductor company’s stock worth $103,000 after acquiring an additional 486 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in Cohu by 3.3% in 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 during the period. Vident Advisory LLC increased its stake in Cohu by 5.3% during the fourth quarter. Vident Advisory LLC now owns 18,450 shares of the semiconductor company’s stock valued at $493,000 after purchasing an additional 933 shares during the last quarter. KBC Group NV raised its holdings in shares of Cohu by 75.7% during the fourth 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. Finally, Orion Portfolio Solutions LLC lifted its position in shares of Cohu by 3.2% in the 3rd quarter. Orion Portfolio Solutions LLC now owns 36,725 shares of the semiconductor company’s stock worth $944,000 after buying an additional 1,141 shares during the last quarter. 94.67% of the stock is owned by institutional investors and hedge funds.

Cohu Stock Performance

Shares of COHU stock opened at $14.30 on Tuesday. The company has a current ratio of 6.38, a quick ratio of 4.69 and a debt-to-equity ratio of 0.01. The company has a market cap of $665.52 million, a PE ratio of -9.53 and a beta of 1.39. The company’s fifty day simple moving average is $17.98 and its 200-day simple moving average is $23.04. Cohu has a 52 week low of $12.57 and a 52 week high of $36.60.

Cohu (NASDAQ:COHU) last released its quarterly earnings data on Thursday, February 20th. The semiconductor company reported ($0.25) 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%. As a group, equities research analysts anticipate that Cohu will post -0.36 EPS for the current year.

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.