Equities research analysts predict that Cohu, Inc. (NASDAQ:COHU) will announce $0.79 earnings per share (EPS) for the current fiscal quarter, according to Zacks. Two analysts have issued estimates for Cohu’s earnings. The lowest EPS estimate is $0.75 and the highest is $0.84. The business is expected to report its next earnings results on Tuesday, May 4th.

On average, analysts expect that Cohu will report full-year earnings of $3.08 per share for the current year, with EPS estimates ranging from $2.90 to $3.40. For the next fiscal year, analysts anticipate that the business will post earnings of $3.35 per share, with EPS estimates ranging from $3.23 to $3.60. Zacks Investment Research’s EPS calculations are an average based on a survey of research analysts that follow Cohu.

Cohu (NASDAQ:COHU) last released its quarterly earnings results on Wednesday, February 10th. The semiconductor company reported $0.73 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.61 by $0.12. Cohu had a positive return on equity of 1.57% and a negative net margin of 7.98%. The company had revenue of $202.36 million for the quarter, compared to analyst estimates of $198.15 million.

Several equities research analysts recently weighed in on COHU shares. B. Riley lifted their price target on Cohu from $72.00 to $74.00 and gave the company a “buy” rating in a research report on Friday, March 5th. Deutsche Bank Aktiengesellschaft boosted their target price on Cohu from $38.00 to $43.00 in a report on Thursday, December 17th. Craig Hallum boosted their target price on Cohu from $45.00 to $73.00 in a report on Friday, February 12th. Finally, Needham & Company LLC boosted their target price on Cohu from $50.00 to $55.00 and gave the stock a “buy” rating in a report on Friday, February 12th. Seven investment analysts have rated the stock with a buy rating, The company presently has a consensus rating of “Buy” and an average target price of $44.25.

In other news, Director James A. Donahue sold 20,000 shares of the company’s stock in a transaction on Friday, February 19th. The stock was sold at an average price of $48.00, for a total transaction of $960,000.00. Following the transaction, the director now directly owns 387,056 shares of the company’s stock, valued at $18,578,688. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Over the last ninety days, insiders have sold 60,000 shares of company stock worth $2,764,000. Corporate insiders own 3.07% of the company’s stock.

A number of institutional investors and hedge funds have recently modified their holdings of the business. BlackRock Inc. increased its position in Cohu by 2.2% in the fourth quarter. BlackRock Inc. now owns 6,359,112 shares of the semiconductor company’s stock worth $242,791,000 after buying an additional 139,522 shares in the last quarter. State Street Corp grew its position in shares of Cohu by 1.0% during the third quarter. State Street Corp now owns 1,364,058 shares of the semiconductor company’s stock worth $23,435,000 after purchasing an additional 13,153 shares in the last quarter. Paradigm Capital Management Inc. NY grew its position in shares of Cohu by 21.1% during the fourth quarter. Paradigm Capital Management Inc. NY now owns 606,049 shares of the semiconductor company’s stock worth $23,139,000 after purchasing an additional 105,800 shares in the last quarter. Thornburg Investment Management Inc. purchased a new stake in shares of Cohu during the fourth quarter worth about $21,920,000. Finally, Bank of New York Mellon Corp grew its position in shares of Cohu by 3.5% during the fourth quarter. Bank of New York Mellon Corp now owns 444,236 shares of the semiconductor company’s stock worth $16,962,000 after purchasing an additional 15,221 shares in the last quarter. Institutional investors and hedge funds own 84.32% of the company’s stock.

Shares of NASDAQ COHU traded up $0.95 during mid-day trading on Thursday, hitting $49.86. 7,434 shares of the stock traded hands, compared to its average volume of 714,744. The company has a debt-to-equity ratio of 0.70, a quick ratio of 2.09 and a current ratio of 3.03. Cohu has a 52 week low of $12.30 and a 52 week high of $51.86. The company has a market cap of $2.40 billion, a price-to-earnings ratio of -44.59 and a beta of 1.79. The stock has a fifty day moving average price of $43.59 and a 200-day moving average price of $34.96.

Cohu Company Profile

Cohu, Inc, through its subsidiaries, engages in the semiconductor test and inspection equipment, and printed circuit board (PCB) test equipment businesses in China, the United States, Taiwan, Malaysia, the Philippines, and internationally. It supplies semiconductor test and inspection handlers, micro-electromechanical system (MEMS) test modules, test contactors, thermal sub-systems, semiconductor automated test equipment, and bare board PCB test systems for semiconductor and electronics manufacturers, and test subcontractors.

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