Analysts anticipate Cohu, Inc. (NASDAQ:COHU) to publish $188.75 million in gross sales for the present fiscal quarter, in accordance with Zacks. Two analysts have made estimates for Cohu’s earnings. The very best gross sales estimate is $189.00 million and the bottom is $188.50 million. Cohu posted gross sales of $202.36 million throughout the identical quarter final yr, which suggests a unfavorable year-over-year development charge of 6.7%. The enterprise is scheduled to report its subsequent quarterly earnings report on Thursday, February tenth.
In keeping with Zacks, analysts anticipate that Cohu will report full-year gross sales of $884.10 million for the present monetary yr, with estimates starting from $883.80 million to $884.40 million. For the following fiscal yr, analysts anticipate that the enterprise will report gross sales of $864.70 million, with estimates starting from $859.00 million to $870.40 million. Zacks’ gross sales averages are a imply common primarily based on a survey of sell-side analysts that comply with Cohu.
Cohu (NASDAQ:COHU) final introduced its quarterly earnings outcomes on Thursday, October twenty eighth. The semiconductor firm reported $0.70 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.69 by $0.01. Cohu had a internet margin of 17.97% and a return on fairness of 18.61%. The corporate had income of $225.06 million throughout the quarter, in comparison with the consensus estimate of $227.98 million. Throughout the identical interval within the prior yr, the enterprise earned $0.21 earnings per share. The corporate’s income for the quarter was up 49.4% in comparison with the identical quarter final yr.
Quite a lot of equities analysts have not too long ago commented on the inventory. Rosenblatt Securities started protection on shares of Cohu in a report on Monday, November 1st. They issued a “purchase” ranking and a $45.00 worth goal on the inventory. The Goldman Sachs Group lifted their worth goal on shares of Cohu from $30.00 to $33.00 and gave the inventory a “promote” ranking in a analysis be aware on Friday, December seventeenth. DA Davidson lower their goal worth on shares of Cohu from $61.00 to $50.00 and set a “purchase” ranking for the corporate in a analysis be aware on Friday, October twenty ninth. Zacks Investment Research lowered Cohu from a “maintain” ranking to a “promote” ranking in a analysis report on Monday, November 1st. Lastly, Needham & Firm LLC lower their worth goal on Cohu from $45.00 to $42.00 and set a “purchase” ranking on the inventory in a analysis be aware on Friday, October twenty ninth. Two analysts have rated the inventory with a promote ranking and 6 have given a purchase ranking to the corporate’s inventory. Based mostly on knowledge from MarketBeat.com, Cohu presently has a median ranking of “Purchase” and a median goal worth of $46.50.
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In different Cohu information, Director William Bendush bought 5,000 shares of the agency’s inventory in a transaction that occurred on Monday, November eighth. The shares have been bought at a median worth of $36.34, for a complete worth of $181,700.00. The sale was disclosed in a authorized submitting with the Securities & Change Fee, which is accessible via this link. Additionally, Director Andrew M. Caggia bought 4,988 shares of the corporate’s inventory in a transaction on Tuesday, November 2nd. The inventory was bought at a median worth of $35.00, for a complete worth of $174,580.00. The disclosure for this sale will be discovered here. Insiders bought a complete of 11,188 shares of firm inventory value $398,280 within the final quarter. Firm insiders personal 2.06% of the corporate’s inventory.
A number of hedge funds have not too long ago added to or lowered their stakes within the inventory. Metropolitan Life Insurance coverage Co NY elevated its holdings in shares of Cohu by 2.7% within the third quarter. Metropolitan Life Insurance coverage Co NY now owns 13,213 shares of the semiconductor firm’s inventory valued at $422,000 after buying a further 344 shares over the last quarter. Cornercap Funding Counsel Inc. elevated its stake in Cohu by 1.1% within the third quarter. Cornercap Funding Counsel Inc. now owns 32,833 shares of the semiconductor firm’s inventory valued at $1,049,000 after buying a further 361 shares over the last quarter. Arizona State Retirement System raised its holdings in Cohu by 2.9% throughout the third quarter. Arizona State Retirement System now owns 13,192 shares of the semiconductor firm’s inventory value $421,000 after buying a further 369 shares within the final quarter. US Bancorp DE lifted its place in shares of Cohu by 47.8% throughout the 2nd quarter. US Bancorp DE now owns 1,222 shares of the semiconductor firm’s inventory value $45,000 after shopping for a further 395 shares over the last quarter. Lastly, Quadrature Capital Ltd boosted its holdings in shares of Cohu by 6.0% within the third quarter. Quadrature Capital Ltd now owns 8,374 shares of the semiconductor firm’s inventory valued at $267,000 after shopping for a further 473 shares within the final quarter. Hedge funds and different institutional traders personal 85.93% of the corporate’s inventory.
NASDAQ:COHU opened at $36.35 on Friday. The agency has a market cap of $1.77 billion, a price-to-earnings ratio of 10.85 and a beta of 1.73. The corporate has a debt-to-equity ratio of 0.13, a fast ratio of two.90 and a present ratio of three.68. Cohu has a 52 week low of $29.00 and a 52 week excessive of $51.86. The agency has a 50-day shifting common worth of $36.14 and a two-hundred day shifting common worth of $34.42.
Cohu Firm Profile
Cohu, Inc engages within the provision of back-end semiconductor gear and companies. It presents check and dealing with capital gear, interface merchandise, and associated companies to the semiconductor and electronics manufacturing industries. It operates via the Semiconductor Check and Inspection; and Printed Circuit Board Check segments.
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