Equities research analysts expect Cohu, Inc. (NASDAQ:COHU) to report $0.31 earnings per share for the current quarter, according to Zacks Investment Research. Two analysts have provided estimates for Cohu’s earnings, with the highest EPS estimate coming in at $0.32 and the lowest estimate coming in at $0.30. Cohu reported earnings per share of $0.24 during the same quarter last year, which would indicate a positive year over year growth rate of 29.2%. The company is expected to issue its next earnings report on Thursday, February 15th.

On average, analysts expect that Cohu will report full year earnings of $1.58 per share for the current year, with EPS estimates ranging from $1.56 to $1.59. For the next financial year, analysts expect that the business will post earnings of $1.75 per share, with EPS estimates ranging from $1.73 to $1.76. Zacks’ EPS calculations are a mean average based on a survey of sell-side analysts that follow Cohu.

Cohu (NASDAQ:COHU) last posted its quarterly earnings results on Thursday, November 2nd. The semiconductor company reported $0.43 EPS for the quarter, beating the consensus estimate of $0.39 by $0.04. The firm had revenue of $93.70 million during the quarter, compared to analysts’ expectations of $91.43 million. Cohu had a return on equity of 14.67% and a net margin of 8.26%. The business’s revenue for the quarter was up 35.2% on a year-over-year basis. During the same quarter last year, the firm earned $0.14 earnings per share.

Several research analysts recently weighed in on COHU shares. Needham & Company LLC upgraded Cohu from a “hold” rating to a “buy” rating and set a $24.00 price objective for the company in a research report on Monday, September 18th. B. Riley increased their price objective on Cohu from $28.00 to $31.00 and gave the stock a “buy” rating in a research report on Friday, November 3rd. Zacks Investment Research lowered Cohu from a “buy” rating to a “hold” rating in a research report on Wednesday, September 27th. Finally, ValuEngine lowered Cohu from a “strong-buy” rating to a “buy” rating in a research report on Monday, October 2nd. Three equities research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. Cohu presently has a consensus rating of “Buy” and a consensus price target of $25.40.

Shares of Cohu (NASDAQ:COHU) traded down $0.10 during trading on Wednesday, reaching $23.29. The company had a trading volume of 207,400 shares, compared to its average volume of 198,167. The stock has a market capitalization of $651.19, a price-to-earnings ratio of 23.29 and a beta of 0.85. Cohu has a 52 week low of $12.64 and a 52 week high of $26.17. The company has a quick ratio of 2.89, a current ratio of 3.62 and a debt-to-equity ratio of 0.02.

The company also recently declared a quarterly dividend, which was paid on Tuesday, January 2nd. Stockholders of record on Friday, November 17th were given a dividend of $0.06 per share. The ex-dividend date of this dividend was Thursday, November 16th. This represents a $0.24 annualized dividend and a dividend yield of 1.03%. Cohu’s dividend payout ratio is currently 24.00%.

In other news, Director James A. Donahue sold 36,750 shares of the firm’s stock in a transaction on Wednesday, November 1st. The stock was sold at an average price of $24.76, for a total transaction of $909,930.00. Following the completion of the transaction, the director now directly owns 443,472 shares in the company, valued at $10,980,366.72. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, Director Steven J. Bilodeau sold 10,000 shares of the firm’s stock in a transaction on Monday, November 20th. The stock was sold at an average price of $24.86, for a total value of $248,600.00. Following the transaction, the director now owns 95,184 shares of the company’s stock, valued at $2,366,274.24. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 81,750 shares of company stock valued at $2,025,080. Company insiders own 6.46% of the company’s stock.

Several institutional investors and hedge funds have recently added to or reduced their stakes in COHU. SG Americas Securities LLC purchased a new position in shares of Cohu during the third quarter worth $102,000. Cornerstone Capital Management Holdings LLC. purchased a new position in Cohu in the third quarter valued at $106,000. BNP Paribas Arbitrage SA boosted its holdings in Cohu by 67.7% in the second quarter. BNP Paribas Arbitrage SA now owns 8,085 shares of the semiconductor company’s stock valued at $127,000 after purchasing an additional 3,264 shares during the period. Tudor Investment Corp ET AL purchased a new position in Cohu in the second quarter valued at $197,000. Finally, PNC Financial Services Group Inc. boosted its holdings in Cohu by 14.9% in the second quarter. PNC Financial Services Group Inc. now owns 12,452 shares of the semiconductor company’s stock valued at $197,000 after purchasing an additional 1,613 shares during the period. Institutional investors and hedge funds own 83.10% of the company’s stock.

TRADEMARK VIOLATION WARNING: This piece was first published by Watch List News and is the property of of Watch List News. If you are viewing this piece on another website, it was stolen and reposted in violation of US and international trademark and copyright legislation. The legal version of this piece can be accessed at https://www.watchlistnews.com/1801663-2/1801663.html.

About Cohu

Cohu, Inc is a supplier of semiconductor test and inspection handlers, micro-electro mechanical system (MEMS) test modules, test contactors and thermal sub-systems used by global semiconductor manufacturers and test subcontractors. It develops, manufactures, sells and services a line of equipment capable of handling a range of integrated circuits and light-emitting diodes.

Get a free copy of the Zacks research report on Cohu (COHU)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Receive News & Ratings for Cohu Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cohu and related companies with MarketBeat.com's FREE daily email newsletter.