Cohu (COHU) Getting Somewhat Favorable Press Coverage, Analysis Shows
Media coverage about Cohu (NASDAQ:COHU) has trended somewhat positive on Friday, Accern Sentiment reports. Accern identifies positive and negative news coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Cohu earned a media sentiment score of 0.06 on Accern’s scale. Accern also assigned news coverage about the semiconductor company an impact score of 47.0121872136291 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.
Cohu (NASDAQ:COHU) opened at $22.59 on Friday. The firm has a market capitalization of $631.01, a P/E ratio of 16.26, a price-to-earnings-growth ratio of 1.85 and a beta of 1.00. The company has a debt-to-equity ratio of 0.02, a quick ratio of 2.76 and a current ratio of 3.49. Cohu has a 1-year low of $15.55 and a 1-year high of $26.17.
Cohu (NASDAQ:COHU) last released its quarterly earnings results on Thursday, February 15th. The semiconductor company reported $0.28 earnings per share for the quarter, missing the consensus estimate of $0.31 by ($0.03). The firm had revenue of $84.09 million for the quarter, compared to analysts’ expectations of $84.20 million. Cohu had a net margin of 9.31% and a return on equity of 14.63%. The business’s quarterly revenue was up 19.0% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.24 EPS. equities research analysts expect that Cohu will post 1.49 earnings per share for the current fiscal year.
COHU has been the subject of several research analyst reports. BidaskClub cut Cohu from a “hold” rating to a “sell” rating in a research report on Saturday, February 3rd. Zacks Investment Research cut Cohu from a “hold” rating to a “sell” rating in a research report on Friday, February 23rd. Dougherty & Co reiterated a “buy” rating on shares of Cohu in a research report on Wednesday, February 21st. ValuEngine upgraded Cohu from a “hold” rating to a “buy” rating in a research report on Friday, February 2nd. Finally, B. Riley cut their target price on Cohu from $31.00 to $30.00 and set a “buy” rating for the company in a research report on Friday, February 16th. One investment analyst has 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. Cohu presently has an average rating of “Hold” and a consensus price target of $25.20.
In other Cohu news, Director Robert L. Ciardella sold 5,000 shares of the firm’s stock in a transaction that occurred on Friday, February 23rd. The stock was sold at an average price of $19.53, for a total transaction of $97,650.00. Following the completion of the transaction, the director now owns 80,887 shares in the company, valued at approximately $1,579,723.11. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 6.46% of the company’s stock.
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Cohu, Inc is a supplier of semiconductor test and inspection handlers, micro-electro mechanical system (MEMS) test modules, test contactors and thermal sub-systems used by global semiconductor manufacturers and test subcontractors. It develops, manufactures, sells and services a line of equipment capable of handling a range of integrated circuits and light-emitting diodes.
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