Cohu, Inc. (NASDAQ:COHU) will be posting its quarterly earnings results after the market closes on Thursday, November 2nd. Analysts expect Cohu to post earnings of $0.39 per share for the quarter.

Cohu (NASDAQ:COHU) last released its quarterly earnings data on Thursday, July 27th. The semiconductor company reported $0.42 earnings per share for the quarter, beating the consensus estimate of $0.39 by $0.03. The business had revenue of $93.90 million for the quarter, compared to analyst estimates 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% compared to the same quarter last year. During the same period last year, the firm posted $0.23 earnings per share. On average, analysts expect Cohu to post $1.54 EPS for the current fiscal year and $1.71 EPS for the next fiscal year.

Shares of Cohu, Inc. (COHU) opened at 24.95 on Thursday. Cohu, Inc. has a 1-year low of $10.76 and a 1-year high of $25.34. The firm has a market capitalization of $697.58 million, a price-to-earnings ratio of 36.05 and a beta of 0.92. The company has a 50-day moving average price of $22.83 and a 200 day moving average price of $19.38.

In other news, VP Hock Woo Chiang sold 10,844 shares of the stock in a transaction dated Thursday, August 31st. The stock was sold at an average price of $18.77, for a total transaction of $203,541.88. Following the transaction, the vice president now directly owns 90,332 shares in the company, valued at approximately $1,695,531.64. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director James A. Donahue sold 75,000 shares of the stock in a transaction dated Wednesday, August 2nd. The shares were sold at an average price of $17.87, for a total value of $1,340,250.00. Following the transaction, the director now owns 444,049 shares in the company, valued at $7,935,155.63. The disclosure for this sale can be found here. Insiders have sold a total of 235,844 shares of company stock worth $4,736,542 over the last quarter. Corporate insiders own 6.46% of the company’s stock.

TRADEMARK VIOLATION NOTICE: “Cohu, Inc. (COHU) to Release Earnings on Thursday” was originally posted by American Banking News and is the property of of American Banking News. If you are reading this report on another website, it was copied illegally and republished in violation of U.S. & international copyright & trademark legislation. The legal version of this report can be read at https://www.americanbankingnews.com/2017/10/26/cohu-inc-cohu-to-release-earnings-on-thursday.html.

A number of brokerages have weighed in on COHU. B. Riley restated a “buy” rating and issued a $28.00 target price on shares of Cohu in a research note on Friday, July 28th. BidaskClub upgraded Cohu from a “sell” rating to a “hold” rating in a research note on Wednesday, August 16th. Dougherty & Co upped their target price on Cohu from $23.50 to $24.00 and gave the stock a “buy” rating in a research note on Friday, July 28th. Finally, Stifel Nicolaus restated a “hold” rating and issued a $19.00 target price (up from $17.00) on shares of Cohu in a research note on Monday, July 17th. Three investment analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. The company currently has an average rating of “Buy” and an average price target of $23.00.

Cohu Company Profile

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.

Earnings History for Cohu (NASDAQ:COHU)

Receive News & Ratings for Cohu Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cohu Inc. and related companies with MarketBeat.com's FREE daily email newsletter.