Analysts expect Cohu, Inc. (NASDAQ:COHU) to announce earnings per share (EPS) of $0.31 for the current fiscal quarter, Zacks reports. Two analysts have issued estimates for Cohu’s earnings. The lowest EPS estimate is $0.30 and the highest is $0.32. Cohu reported earnings of $0.24 per share in the same quarter last year, which would suggest a positive year-over-year growth rate of 29.2%. The business is scheduled to issue its next quarterly earnings report on Thursday, February 15th.

According to Zacks, analysts expect that Cohu will report full-year earnings of $1.58 per share for the current year, with EPS estimates ranging from $1.56 to $1.59. For the next fiscal year, analysts forecast that the company will report earnings of $1.75 per share, with EPS estimates ranging from $1.73 to $1.76. Zacks Investment Research’s EPS averages are a mean average based on a survey of sell-side analysts that cover Cohu.

Cohu (NASDAQ:COHU) last released its earnings results on Thursday, November 2nd. The semiconductor company reported $0.43 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.39 by $0.04. The company had revenue of $93.70 million for the quarter, compared to the consensus estimate of $91.43 million. Cohu had a net margin of 8.26% and a return on equity of 14.67%. Cohu’s quarterly revenue was up 35.2% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.14 EPS.

A number of analysts have commented on COHU shares. Needham & Company LLC upgraded shares of Cohu from a “hold” rating to a “buy” rating and set a $24.00 price target for the company in a research note on Monday, September 18th. B. Riley restated a “buy” rating and set a $28.00 price target on shares of Cohu in a research note on Saturday, August 26th. ValuEngine lowered shares of Cohu from a “strong-buy” rating to a “buy” rating in a research note on Monday, October 2nd. Zacks Investment Research lowered shares of Cohu from a “buy” rating to a “hold” rating in a research note on Wednesday, September 27th. Finally, BidaskClub upgraded shares of Cohu from a “sell” rating to a “hold” rating in a research note on Wednesday, August 16th. Two analysts have rated the stock with a hold rating, four have issued a buy rating and one has issued a strong buy rating to the company’s stock. Cohu presently has a consensus rating of “Buy” and an average price target of $25.40.

Shares of Cohu (COHU) traded up $0.14 during mid-day trading on Thursday, reaching $21.92. 208,100 shares of the company’s stock were exchanged, compared to its average volume of 245,914. The company has a market cap of $616.11, a price-to-earnings ratio of 16.75 and a beta of 0.84. The company has a quick ratio of 2.89, a current ratio of 3.62 and a debt-to-equity ratio of 0.02. Cohu has a fifty-two week low of $12.60 and a fifty-two week high of $26.17.

The company also recently announced a quarterly dividend, which will be paid on Tuesday, January 2nd. Stockholders of record on Friday, November 17th will be paid a $0.06 dividend. The ex-dividend date of this dividend is Thursday, November 16th. This represents a $0.24 annualized dividend and a dividend yield of 1.09%. Cohu’s payout ratio is 24.49%.

In related news, Director Steven J. Bilodeau sold 10,000 shares of the stock in a transaction dated Monday, November 20th. The shares were sold at an average price of $24.86, for a total transaction of $248,600.00. Following the completion of the transaction, the director now owns 95,184 shares in the company, valued at $2,366,274.24. The transaction was disclosed in a document filed with the SEC, which is available through this link. Also, Director James A. Donahue sold 36,750 shares of the stock in a transaction dated Wednesday, November 1st. The shares were sold at an average price of $24.76, for a total transaction of $909,930.00. Following the transaction, the director now owns 443,472 shares of the company’s stock, valued at approximately $10,980,366.72. The disclosure for this sale can be found here. In the last quarter, insiders sold 156,750 shares of company stock valued at $3,813,830. Company insiders own 6.46% of the company’s stock.

Institutional investors and hedge funds have recently bought and sold shares of the stock. Cubist Systematic Strategies LLC grew its position in Cohu by 34.9% during the second quarter. Cubist Systematic Strategies LLC now owns 16,410 shares of the semiconductor company’s stock valued at $258,000 after buying an additional 4,243 shares during the period. Swiss National Bank grew its position in Cohu by 10.8% during the second quarter. Swiss National Bank now owns 46,141 shares of the semiconductor company’s stock valued at $726,000 after buying an additional 4,500 shares during the period. AJO LP grew its position in Cohu by 73.4% during the second quarter. AJO LP now owns 210,071 shares of the semiconductor company’s stock valued at $3,307,000 after buying an additional 88,949 shares during the period. Bank of America Corp DE lifted its holdings in Cohu by 38.4% during the first quarter. Bank of America Corp DE now owns 43,752 shares of the semiconductor company’s stock valued at $808,000 after purchasing an additional 12,147 shares during the last quarter. Finally, Texas Permanent School Fund lifted its holdings in Cohu by 2.7% during the second quarter. Texas Permanent School Fund now owns 18,558 shares of the semiconductor company’s stock valued at $292,000 after purchasing an additional 480 shares during the last quarter. Institutional investors own 83.22% of the company’s stock.

TRADEMARK VIOLATION NOTICE: This report was reported by American Banking News and is owned by of American Banking News. If you are viewing this report on another site, it was copied illegally and republished in violation of United States and international copyright legislation. The legal version of this report can be viewed at https://www.americanbankingnews.com/2017/12/07/cohu-inc-cohu-expected-to-announce-earnings-of-0-31-per-share.html.

About Cohu

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.

Get a free copy of the Zacks research report on Cohu (COHU)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

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.