News articles about Cohu (NASDAQ:COHU) have trended somewhat positive on Wednesday, Accern Sentiment Analysis reports. The research firm rates the sentiment of news coverage by monitoring more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Cohu earned a coverage optimism score of 0.08 on Accern’s scale. Accern also assigned news stories about the semiconductor company an impact score of 45.8660601854328 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.
These are some of the news stories that may have impacted Accern Sentiment’s analysis:
- Cohu Secures Major European Automotive Customer (finance.yahoo.com)
- Cohu, Inc. (COHU) Expected to Announce Quarterly Sales of $84.20 Million (americanbankingnews.com)
- Cohu (COHU) vs. Amkor Technology (AMKR) Head-To-Head Analysis (americanbankingnews.com)
- Analysts Anticipate Cohu, Inc. (COHU) Will Announce Earnings of $0.31 Per Share (americanbankingnews.com)
Cohu (NASDAQ:COHU) opened at $23.10 on Wednesday. The stock has a market capitalization of $651.47, a price-to-earnings ratio of 23.57 and a beta of 0.85. The company has a debt-to-equity ratio of 0.02, a current ratio of 3.62 and a quick ratio of 2.89. Cohu has a 52-week low of $12.64 and a 52-week high of $26.17.
Cohu (NASDAQ:COHU) last released its quarterly earnings data on Thursday, November 2nd. The semiconductor company reported $0.43 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.39 by $0.04. The firm had revenue of $93.70 million during the quarter, compared to analysts’ expectations of $91.43 million. Cohu had a return on equity of 14.67% and a net margin of 8.26%. Cohu’s revenue was up 35.2% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.14 earnings per share. equities analysts expect that Cohu will post 1.37 EPS for the current fiscal year.
The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, January 2nd. Shareholders of record on Friday, November 17th were given a $0.06 dividend. This represents a $0.24 annualized dividend and a yield of 1.04%. The ex-dividend date of this dividend was Thursday, November 16th. Cohu’s payout ratio is 24.49%.
COHU has been the subject of several recent research reports. B. Riley increased their price target on Cohu from $28.00 to $31.00 and gave the stock a “buy” rating in a report on Friday, November 3rd. Zacks Investment Research downgraded Cohu from a “buy” rating to a “hold” rating in a report on Wednesday, January 3rd. Needham & Company LLC reaffirmed a “buy” rating and set a $24.00 price target on shares of Cohu in a report on Friday, October 27th. Finally, ValuEngine cut Cohu from a “strong-buy” rating to a “buy” rating in a research report on Monday, October 2nd. Three investment analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. The company has an average rating of “Buy” and an average price target of $25.40.
In other news, VP Jeffrey D. Jones sold 25,000 shares of the firm’s stock in a transaction on Wednesday, November 8th. The stock was sold at an average price of $24.75, for a total value of $618,750.00. Following the completion of the transaction, the vice president now owns 198,081 shares in the company, valued at $4,902,504.75. The sale was disclosed in a document filed with the SEC, which is available at this link. Also, Director James A. Donahue sold 36,750 shares of the firm’s stock in a transaction on Wednesday, November 1st. The shares were sold at an average price of $24.76, for a total value of $909,930.00. Following the completion of 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. Insiders sold 81,750 shares of company stock valued at $2,025,080 in the last quarter. 6.46% of the stock is currently owned by company insiders.
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.
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