Cohu, Inc. (NASDAQ:COHU – Get Free Report) Director Nina Richardson sold 4,999 shares of Cohu stock in a transaction dated Thursday, October 10th. The shares were sold at an average price of $24.14, for a total transaction of $120,675.86. Following the transaction, the director now directly owns 28,313 shares of the company’s stock, valued at $683,475.82. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.
Cohu Price Performance
COHU opened at $25.18 on Friday. The company has a debt-to-equity ratio of 0.01, a current ratio of 6.95 and a quick ratio of 5.09. The company’s 50 day simple moving average is $25.18 and its 200-day simple moving average is $29.15. Cohu, Inc. has a one year low of $22.80 and a one year high of $36.60. The stock has a market capitalization of $1.19 billion, a P/E ratio of -503.60 and a beta of 1.53.
Cohu (NASDAQ:COHU – Get Free Report) last announced its quarterly earnings data on Wednesday, July 31st. The semiconductor company reported ($0.12) EPS for the quarter, missing analysts’ consensus estimates of ($0.09) by ($0.03). Cohu had a negative net margin of 5.70% and a positive return on equity of 1.27%. The firm had revenue of $104.70 million during the quarter, compared to the consensus estimate of $105.00 million. Sell-side analysts anticipate that Cohu, Inc. will post -0.41 earnings per share for the current fiscal year.
Institutional Trading of Cohu
Wall Street Analyst Weigh In
COHU has been the subject of a number of research analyst reports. StockNews.com cut shares of Cohu from a “hold” rating to a “sell” rating in a research note on Friday, August 2nd. Needham & Company LLC cut their price objective on Cohu from $37.00 to $33.00 and set a “buy” rating for the company in a research report on Thursday, August 1st. Finally, Citigroup lowered Cohu from a “buy” rating to a “neutral” rating and set a $36.00 price objective on the stock. in a research note on Monday, July 15th. One analyst has rated the stock with a sell rating, two have given a hold rating and three have given a buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $35.00.
Read Our Latest Stock Analysis on COHU
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.
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