Equities analysts predict that Cohu, Inc. (NASDAQ:COHU) will report $92.03 million in sales for the current fiscal quarter, Zacks Investment Research reports. Three analysts have made estimates for Cohu’s earnings. The highest sales estimate is $92.10 million and the lowest is $92.00 million. Cohu reported sales of $93.65 million during the same quarter last year, which would suggest a negative year over year growth rate of 1.7%. The business is expected to announce its next quarterly earnings results on Thursday, November 1st.

On average, analysts expect that Cohu will report full year sales of $381.00 million for the current year. For the next fiscal year, analysts forecast that the business will report sales of $417.75 million, with estimates ranging from $415.00 million to $420.50 million. Zacks Investment Research’s sales calculations are an average based on a survey of research analysts that follow Cohu.

Cohu (NASDAQ:COHU) last announced its quarterly earnings results on Thursday, August 2nd. The semiconductor company reported $0.64 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.47 by $0.17. Cohu had a return on equity of 15.21% and a net margin of 9.50%. The firm had revenue of $99.80 million during the quarter, compared to analyst estimates of $99.57 million. During the same quarter in the previous year, the business earned $0.48 EPS. Cohu’s revenue for the quarter was up 6.3% compared to the same quarter last year.

COHU has been the subject of several recent analyst reports. BidaskClub lowered Cohu from a “strong-buy” rating to a “buy” rating in a research note on Saturday, August 18th. Stifel Nicolaus lifted their price target on Cohu from $29.00 to $30.00 and gave the company a “buy” rating in a research note on Tuesday, October 2nd. ValuEngine lowered Cohu from a “buy” rating to a “hold” rating in a research note on Friday, September 7th. Finally, DA Davidson initiated coverage on Cohu in a research note on Monday, September 24th. They issued a “buy” rating and a $30.00 price target for the company. One research analyst has rated the stock with a sell rating, two have given a hold rating and five have assigned a buy rating to the company’s stock. The company presently has an average rating of “Buy” and an average price target of $28.20.

In other Cohu news, VP Hock Woo Chiang sold 15,825 shares of the business’s stock in a transaction that occurred on Tuesday, August 14th. The stock was sold at an average price of $27.59, for a total transaction of $436,611.75. Following the completion of the sale, the vice president now directly owns 71,947 shares in the company, valued at approximately $1,985,017.73. The transaction was disclosed in a document filed with the SEC, which is available through this link. 3.88% of the stock is owned by insiders.

Large investors have recently bought and sold shares of the business. Itau Unibanco Holding S.A. purchased a new stake in Cohu during the 2nd quarter worth approximately $124,000. Piedmont Investment Advisors LLC purchased a new stake in Cohu during the 2nd quarter worth approximately $164,000. WINTON GROUP Ltd purchased a new stake in Cohu during the 1st quarter worth approximately $201,000. California Public Employees Retirement System purchased a new stake in Cohu during the 2nd quarter worth approximately $208,000. Finally, Los Angeles Capital Management & Equity Research Inc. purchased a new stake in Cohu during the 2nd quarter worth approximately $212,000. Institutional investors own 97.49% of the company’s stock.

Shares of Cohu stock traded up $0.14 on Friday, hitting $21.98. The company’s stock had a trading volume of 298,800 shares, compared to its average volume of 287,354. The company has a quick ratio of 2.93, a current ratio of 3.66 and a debt-to-equity ratio of 0.01. Cohu has a 1 year low of $18.60 and a 1 year high of $27.83. The firm has a market cap of $725.12 million, a PE ratio of 16.30, a P/E/G ratio of 1.59 and a beta of 0.98.

The firm also recently declared a quarterly dividend, which will be paid on Friday, October 19th. Investors of record on Friday, August 24th will be paid a $0.06 dividend. The ex-dividend date is Thursday, August 23rd. This represents a $0.24 annualized dividend and a dividend yield of 1.09%. Cohu’s dividend payout ratio is presently 17.91%.

About Cohu

Cohu, Inc, through its subsidiaries, engages in the development, manufacture, sale, and servicing of semiconductor test and inspection handlers, micro-electro mechanical system (MEMS) test modules, test contactors, and thermal sub-systems for semiconductor manufacturers and test subcontractors worldwide.

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