Cohu (COHU) Expected to Announce Quarterly Earnings on Thursday

Cohu (NASDAQ:COHU) is expected to be issuing its quarterly earnings data before the market opens on Thursday, February 20th. Analysts expect the company to announce earnings of ($0.11) per share and revenue of $95.11 million for the quarter. Individual that are interested in registering for the company’s earnings conference call can do so using this link.

Cohu Price Performance

Shares of COHU stock opened at $20.87 on Thursday. The firm’s 50-day moving average is $25.07 and its two-hundred day moving average is $25.57. The company has a market capitalization of $972.75 million, a PE ratio of -19.32 and a beta of 1.45. Cohu has a 12 month low of $20.76 and a 12 month high of $36.60. The company has a debt-to-equity ratio of 0.01, a current ratio of 6.38 and a quick ratio of 4.69.

Wall Street Analyst Weigh In

A number of research analysts recently weighed in on the stock. Needham & Company LLC cut shares of Cohu from a “buy” rating to a “hold” rating in a report on Monday, January 13th. TD Cowen reduced their price target on shares of Cohu from $36.00 to $30.00 and set a “buy” rating for the company in a research report on Friday, November 1st. The Goldman Sachs Group cut their price objective on shares of Cohu from $26.00 to $23.00 and set a “sell” rating for the company in a research report on Friday, November 1st. Finally, Craig Hallum raised shares of Cohu from a “hold” rating to a “buy” rating and set a $30.00 price target on the stock in a research note on Friday, November 1st. Two investment analysts have 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. According to MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $31.50.

About Cohu

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.