Cohu (NASDAQ:COHU) Stock Price Down 6.8% - Here's What Happened

Key Points

• Cohu's stock price decreased by 6.8%, closing at $18.81, a drop from the previous closing price of $20.19, with trading volume down by 8% compared to average levels.
• Despite the decline, analysts have a consensus rating of "Hold" for Cohu, with a price target of $27.17 and four analysts recommending a Buy.
• The company reported a revenue of $107.68 million for the last quarter, exceeding expectations, and anticipates a fiscal year EPS of -0.36.

Cohu, Inc. (NASDAQ:COHU - Get Free Report)'s share price was down 6.8% during trading on Tuesday . The stock traded as low as $18.87 and last traded at $18.81. Approximately 479,075 shares were traded during mid-day trading, a decline of 8% from the average daily volume of 520,603 shares. The stock had previously closed at $20.19.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reaffirmed a "sell (d-)" rating on shares of Cohu in a research note on Saturday, September 27th. Four investment analysts have rated the stock with a Buy rating, one has assigned a Hold rating and two have given a Sell rating to the company. According to MarketBeat.com, the company currently has a consensus rating of "Hold" and a consensus price target of $27.17.

Cohu Stock Down 7.2%

The business's fifty day moving average is $20.28 and its two-hundred day moving average is $18.41. The stock has a market cap of $874.82 million, a price-to-earnings ratio of -10.02 and a beta of 1.36. The company has a quick ratio of 3.51, a current ratio of 4.88 and a debt-to-equity ratio of 0.01.

Cohu (NASDAQ:COHU - Get Free Report) last issued its quarterly earnings results on Thursday, July 31st. The semiconductor company reported $0.02 EPS for the quarter, beating the consensus estimate of ($0.02) by $0.04. Cohu had a negative net margin of 22.11% and a negative return on equity of 3.74%. The company had revenue of $107.68 million during the quarter, compared to analysts' expectations of $106.00 million. During the same quarter last year, the company posted ($0.01) EPS. The firm's revenue was up 2.9% compared to the same quarter last year. Cohu has set its Q3 2025 guidance at EPS. Equities analysts forecast that Cohu, Inc. will post -0.36 earnings per share for the current fiscal year.

Institutional Trading of Cohu

A number of large investors have recently made changes to their positions in COHU. CANADA LIFE ASSURANCE Co raised its position in shares of Cohu by 0.9% during the 2nd quarter. CANADA LIFE ASSURANCE Co now owns 65,233 shares of the semiconductor company's stock worth $1,255,000 after acquiring an additional 576 shares in the last quarter. PNC Financial Services Group Inc. boosted its holdings in Cohu by 5.8% in the second quarter. PNC Financial Services Group Inc. now owns 12,755 shares of the semiconductor company's stock valued at $245,000 after purchasing an additional 704 shares in the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS increased its stake in Cohu by 7.0% in the second quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 11,939 shares of the semiconductor company's stock valued at $230,000 after purchasing an additional 784 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in Cohu by 3.4% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 27,214 shares of the semiconductor company's stock worth $400,000 after purchasing an additional 905 shares in the last quarter. Finally, US Bancorp DE lifted its position in shares of Cohu by 12.9% during the 1st quarter. US Bancorp DE now owns 10,111 shares of the semiconductor company's stock worth $149,000 after buying an additional 1,159 shares during the last quarter. 94.67% of the stock is currently owned by hedge funds and other institutional investors.

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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