Cohu (COHU) Stock Rating Lowered by TheStreet

Cohu (NASDAQ:COHU) was downgraded by TheStreet from a “b-” rating to a “c” rating in a report released on Wednesday.

COHU has been the topic of a number of other reports. B. Riley restated a “buy” rating on shares of Cohu in a report on Tuesday, March 5th. BidaskClub downgraded shares of Cohu from a “hold” rating to a “sell” rating in a report on Friday, March 1st. Stifel Nicolaus downgraded shares of Cohu from a “buy” rating to a “hold” rating and reduced their target price for the stock from $30.00 to $20.00 in a report on Wednesday, January 23rd. Zacks Investment Research downgraded shares of Cohu from a “hold” rating to a “strong sell” rating in a report on Monday, December 3rd. Finally, DA Davidson restated a “buy” rating on shares of Cohu in a report on Wednesday. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and two have issued a buy rating to the company. The stock presently has a consensus rating of “Hold” and an average target price of $24.75.

Cohu stock opened at $15.43 on Wednesday. Cohu has a twelve month low of $14.08 and a twelve month high of $27.83. The company has a debt-to-equity ratio of 0.01, a quick ratio of 2.87 and a current ratio of 3.58. The stock has a market capitalization of $665.45 million, a PE ratio of 12.44, a price-to-earnings-growth ratio of 1.42 and a beta of 1.42.



Cohu (NASDAQ:COHU) last posted its earnings results on Tuesday, March 12th. The semiconductor company reported $0.15 earnings per share for the quarter, topping analysts’ consensus estimates of $0.13 by $0.02. Cohu had a negative net margin of 7.12% and a positive return on equity of 13.00%. The firm had revenue of $170.64 million for the quarter, compared to the consensus estimate of $173.50 million. On average, equities analysts forecast that Cohu will post 1.24 earnings per share for the current fiscal year.

Large investors have recently modified their holdings of the stock. Sensato Investors LLC bought a new position in Cohu during the 3rd quarter valued at about $243,000. BlackRock Inc. grew its holdings in Cohu by 2.7% during the 3rd quarter. BlackRock Inc. now owns 4,197,349 shares of the semiconductor company’s stock valued at $105,353,000 after purchasing an additional 110,952 shares during the last quarter. Pacer Advisors Inc. grew its holdings in Cohu by 296.4% during the 3rd quarter. Pacer Advisors Inc. now owns 4,400 shares of the semiconductor company’s stock valued at $110,000 after purchasing an additional 3,290 shares during the last quarter. Afam Capital Inc. grew its holdings in Cohu by 8.1% during the 3rd quarter. Afam Capital Inc. now owns 132,324 shares of the semiconductor company’s stock valued at $3,321,000 after purchasing an additional 9,934 shares during the last quarter. Finally, Bank of New York Mellon Corp grew its holdings in Cohu by 10.2% during the 3rd quarter. Bank of New York Mellon Corp now owns 434,585 shares of the semiconductor company’s stock valued at $10,908,000 after purchasing an additional 40,299 shares during the last quarter. Institutional investors own 92.50% of the company’s stock.

Cohu Company Profile

Cohu, Inc, through its subsidiaries, engages in the development, manufacture, sale, and servicing of semiconductor test and inspection handlers, micro-electro mechanical system (MEMS) test modules, test contactors, and thermal sub-systems for semiconductor manufacturers and test subcontractors worldwide.

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