A number of firms have modified their ratings and price targets on shares of Cohu (NASDAQ: COHU) recently:

  • 8/2/2017 – Cohu had its “buy” rating reaffirmed by analysts at B. Riley. They now have a $28.00 price target on the stock.
  • 8/2/2017 – Cohu was downgraded by analysts at BidaskClub from a “buy” rating to a “hold” rating.
  • 7/28/2017 – Cohu had its “buy” rating reaffirmed by analysts at B. Riley. They now have a $28.00 price target on the stock.
  • 7/28/2017 – Cohu had its price target raised by analysts at Dougherty & Co from $23.50 to $24.00. They now have a “buy” rating on the stock.
  • 7/20/2017 – Cohu had its “buy” rating reaffirmed by analysts at B. Riley. They now have a $25.00 price target on the stock.
  • 7/19/2017 – Cohu was upgraded by analysts at BidaskClub from a “hold” rating to a “buy” rating.
  • 7/18/2017 – Cohu was downgraded by analysts at Zacks Investment Research from a “strong-buy” rating to a “hold” rating. According to Zacks, “COHU, INC. designs and manufactures electromechanical systems (handlers) that physically put semiconductors in place for testing and interface directly with electronic test equipment (tester) which performs the electrical test of the semiconductor devices. Other products include television cameras, microwave radios and metal detectors for industrial and hobbyist use. “
  • 7/17/2017 – Cohu had its “hold” rating reaffirmed by analysts at Stifel Nicolaus. They now have a $19.00 price target on the stock, up previously from $17.00.
  • 7/15/2017 – Cohu had its “buy” rating reaffirmed by analysts at B. Riley. They now have a $25.00 price target on the stock.
  • 7/14/2017 – Cohu was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “strong-buy” rating. They now have a $20.00 price target on the stock. According to Zacks, “COHU, INC. designs and manufactures electromechanical systems (handlers) that physically put semiconductors in place for testing and interface directly with electronic test equipment (tester) which performs the electrical test of the semiconductor devices. Other products include television cameras, microwave radios and metal detectors for industrial and hobbyist use. “
  • 7/12/2017 – Cohu was upgraded by analysts at BidaskClub from a “sell” rating to a “hold” rating.
  • 7/10/2017 – Cohu had its “buy” rating reaffirmed by analysts at B. Riley. They now have a $25.00 price target on the stock.
  • 6/28/2017 – Cohu was downgraded by analysts at Zacks Investment Research from a “strong-buy” rating to a “hold” rating. According to Zacks, “COHU, INC. designs and manufactures electromechanical systems (handlers) that physically put semiconductors in place for testing and interface directly with electronic test equipment (tester) which performs the electrical test of the semiconductor devices. Other products include television cameras, microwave radios and metal detectors for industrial and hobbyist use. “
  • 6/23/2017 – Cohu was upgraded by analysts at ValuEngine from a “hold” rating to a “buy” rating.

Cohu, Inc. (NASDAQ COHU) opened at 17.84 on Tuesday. The stock has a market cap of $498.79 million, a PE ratio of 25.78 and a beta of 0.88. The company has a 50-day moving average of $17.60 and a 200-day moving average of $17.17. Cohu, Inc. has a 12 month low of $10.01 and a 12 month high of $21.64.

Cohu (NASDAQ:COHU) last posted its quarterly earnings results on Thursday, July 27th. The semiconductor company reported $0.42 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.39 by $0.03. The company had revenue of $93.90 million for the quarter, compared to the consensus estimate of $92.91 million. Cohu had a net margin of 6.21% and a return on equity of 11.59%. The firm’s revenue was up 22.9% compared to the same quarter last year. During the same quarter last year, the firm posted $0.23 EPS. On average, equities analysts forecast that Cohu, Inc. will post $1.54 EPS for the current fiscal year.

The business also recently declared a quarterly dividend, which will be paid on Friday, October 20th. Investors of record on Friday, August 25th will be paid a $0.06 dividend. This represents a $0.24 annualized dividend and a yield of 1.35%. The ex-dividend date of this dividend is Wednesday, August 23rd. Cohu’s dividend payout ratio is presently 34.78%.

In related news, Chairman James A. Donahue sold 25,000 shares of the firm’s stock in a transaction dated Tuesday, May 30th. The shares were sold at an average price of $18.11, for a total value of $452,750.00. Following the transaction, the chairman now owns 431,328 shares of the company’s stock, valued at approximately $7,811,350.08. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, Director James A. Donahue sold 75,000 shares of the firm’s stock in a transaction dated Wednesday, August 2nd. The stock was sold at an average price of $17.87, for a total transaction of $1,340,250.00. Following the completion of the transaction, the director now directly owns 444,049 shares in the company, valued at approximately $7,935,155.63. The disclosure for this sale can be found here. Insiders sold a total of 120,639 shares of company stock worth $2,182,936 in the last ninety days. 5.97% of the stock is currently owned by insiders.

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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