Cohu (NASDAQ:COHU) was downgraded by stock analysts at TheStreet from a “b-” rating to a “c” rating in a report released on Wednesday.

A number of other analysts also recently issued reports on COHU. BidaskClub upgraded shares of Cohu from a “sell” rating to a “hold” rating in a report on Tuesday, November 27th. Zacks Investment Research downgraded shares of Cohu from a “hold” rating to a “strong sell” rating in a report on Monday, December 3rd. Stifel Nicolaus downgraded shares of Cohu from a “buy” rating to a “hold” rating and reduced their price target for the company from $30.00 to $20.00 in a report on Wednesday, January 23rd. ValuEngine upgraded shares of Cohu from a “sell” rating to a “hold” rating in a report on Monday, February 4th. Finally, B. Riley reiterated a “buy” rating on shares of Cohu in a report on Tuesday, March 5th. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and two have given a buy rating to the stock. Cohu has an average rating of “Hold” and a consensus target price of $24.75.

COHU opened at $15.43 on Wednesday. The company has a debt-to-equity ratio of 0.01, a quick ratio of 2.87 and a current ratio of 3.58. Cohu has a fifty-two week low of $14.08 and a fifty-two week high of $27.83. The firm has a market cap of $665.45 million, a P/E ratio of 12.44, a PEG ratio of 1.42 and a beta of 1.42.

Cohu (NASDAQ:COHU) last released its earnings results on Tuesday, March 12th. The semiconductor company reported $0.15 earnings per share for the quarter, beating analysts’ consensus estimates of $0.13 by $0.02. The company had revenue of $170.64 million for the quarter, compared to analysts’ expectations of $173.50 million. Cohu had a negative net margin of 7.12% and a positive return on equity of 13.00%. As a group, equities analysts expect that Cohu will post 1.24 earnings per share for the current year.

Hedge funds and other institutional investors have recently made changes to their positions in the business. Pearl River Capital LLC bought a new stake in Cohu in the 4th quarter valued at $26,000. Zurcher Kantonalbank Zurich Cantonalbank increased its holdings in Cohu by 43.4% in the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,387 shares of the semiconductor company’s stock valued at $38,000 after acquiring an additional 722 shares during the last quarter. Flinton Capital Management LLC increased its holdings in Cohu by 27.6% in the 4th quarter. Flinton Capital Management LLC now owns 4,592 shares of the semiconductor company’s stock valued at $74,000 after acquiring an additional 992 shares during the last quarter. Meeder Asset Management Inc. increased its holdings in shares of Cohu by 958.7% in the 3rd quarter. Meeder Asset Management Inc. now owns 4,150 shares of the semiconductor company’s stock worth $105,000 after buying an additional 3,758 shares during the last quarter. Finally, Pacer Advisors Inc. increased its holdings in shares of Cohu by 296.4% in the 3rd quarter. Pacer Advisors Inc. now owns 4,400 shares of the semiconductor company’s stock worth $110,000 after buying an additional 3,290 shares during the last quarter. Institutional investors own 92.50% of the company’s stock.

Cohu Company Profile

Cohu, Inc, through its subsidiaries, engages in the development, manufacture, sale, and servicing of semiconductor test and inspection handlers, micro-electro mechanical system (MEMS) test modules, test contactors, and thermal sub-systems for semiconductor manufacturers and test subcontractors worldwide.

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