Cohu (COHU) Set to Announce Earnings on Thursday

Cohu (NASDAQ:COHU) will be issuing its quarterly earnings data after the market closes on Thursday, May 2nd. Analysts expect the company to announce earnings of ($0.01) per share for the quarter. Parties that wish to register for the company’s conference call can do so using this link.

Cohu (NASDAQ:COHU) last issued its quarterly earnings results on Thursday, February 15th. The semiconductor company reported $0.23 EPS for the quarter, beating the consensus estimate of $0.22 by $0.01. Cohu had a return on equity of 6.73% and a net margin of 4.42%. The firm had revenue of $137.23 million during the quarter, compared to analysts’ expectations of $136.94 million. During the same period in the prior year, the firm posted $0.63 earnings per share. The business’s quarterly revenue was down 28.2% compared to the same quarter last year. On average, analysts expect Cohu to post $0 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Cohu Stock Performance

Shares of NASDAQ COHU opened at $30.36 on Thursday. The stock has a 50 day moving average price of $31.68 and a 200 day moving average price of $32.66. Cohu has a 52 week low of $28.57 and a 52 week high of $43.99. The company has a debt-to-equity ratio of 0.04, a quick ratio of 4.67 and a current ratio of 6.18. The stock has a market capitalization of $1.43 billion, a PE ratio of 51.46 and a beta of 1.52.

Analysts Set New Price Targets

Several analysts have issued reports on the company. Needham & Company LLC restated a “buy” rating and issued a $36.00 price objective on shares of Cohu in a research note on Friday, February 16th. TD Cowen upped their price objective on Cohu from $38.00 to $40.00 and gave the company an “outperform” rating in a research note on Friday, February 16th. One equities research analyst has rated the stock with a hold rating and four have given a buy rating to the stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $43.50.

Cohu Company Profile

Cohu, Inc, through its subsidiaries, provides semiconductor test equipment and services in China, the United States, Taiwan, Malaysia, the Philippines, and internationally. The company supplies semiconductor test and inspection handlers, micro-electromechanical system (MEMS) test modules, test contactors, thermal sub-systems, and semiconductor automated test equipment for semiconductor manufacturers and test subcontractors.