A number of research firms have changed their ratings and price targets for Cohu (NASDAQ: COHU):

  • 8/8/2017 – Cohu was downgraded by analysts at BidaskClub from a “hold” rating to a “sell” rating.
  • 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 firm has a market capitalization of $498.79 million, a price-to-earnings ratio of 25.78 and a beta of 0.88. Cohu, Inc. has a 1-year low of $10.01 and a 1-year high of $21.64. The stock’s 50 day moving average is $17.60 and its 200 day moving average is $17.17.

Cohu (NASDAQ:COHU) last issued its quarterly earnings results on Thursday, July 27th. The semiconductor company reported $0.42 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.39 by $0.03. The company had revenue of $93.90 million during the quarter, compared to the consensus estimate of $92.91 million. Cohu had a return on equity of 11.59% and a net margin of 6.21%. Cohu’s revenue was up 22.9% on a year-over-year basis. During the same period last year, the company earned $0.23 earnings per share. Analysts predict 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 given a $0.06 dividend. The ex-dividend date is Wednesday, August 23rd. This represents a $0.24 dividend on an annualized basis and a yield of 1.35%. Cohu’s dividend payout ratio is presently 34.78%.

In related news, VP Fellenberg Ian Von sold 2,639 shares of the firm’s stock in a transaction on Tuesday, May 30th. The stock was sold at an average price of $18.21, for a total value of $48,056.19. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, Director James A. Donahue sold 75,000 shares of the firm’s stock in a transaction on Wednesday, August 2nd. The stock was sold at an average price of $17.87, for a total value of $1,340,250.00. Following the completion of the sale, the director now owns 444,049 shares of the company’s stock, valued at $7,935,155.63. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 120,639 shares of company stock valued at $2,182,936. 5.97% of the stock is owned by corporate 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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