Weiss Ratings Reaffirms Sell (D-) Rating for Cohu (NASDAQ:COHU)

Key Points

• Weiss Ratings has reaffirmed a "sell (D-)" rating for Cohu (NASDAQ: COHU), indicating ongoing concerns regarding the stock's performance.
• Cohu's stock price increased to $19.89 with a market cap of $928.47 million, whereas the company reported $0.02 EPS for the last quarter, exceeding expectations despite a negative net margin of 22.11%.
• Institutional investors hold 94.67% of Cohu's stock, with several hedge funds recently increasing their stakes in the company.

Cohu (NASDAQ:COHU - Get Free Report)'s stock had its "sell (d-)" rating reiterated by analysts at Weiss Ratings in a note issued to investors on Wednesday,Weiss Ratings reports.

Cohu Price Performance

Shares of COHU stock traded up $1.15 during mid-day trading on Wednesday, reaching $19.89. The company's stock had a trading volume of 1,051,677 shares, compared to its average volume of 1,049,598. Cohu has a 1-year low of $12.57 and a 1-year high of $29.42. The company has a market cap of $928.47 million, a P/E ratio of -10.64 and a beta of 1.36. The company has a debt-to-equity ratio of 0.01, a quick ratio of 3.51 and a current ratio of 4.88. The firm's 50-day moving average is $20.29 and its two-hundred day moving average is $18.42.

Cohu (NASDAQ:COHU - Get Free Report) last announced its quarterly earnings data on Thursday, July 31st. The semiconductor company reported $0.02 earnings per share (EPS) for the quarter, beating analysts' consensus estimates 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 in the prior year, the company posted ($0.01) EPS. The business's revenue was up 2.9% on a year-over-year basis. Cohu has set its Q3 2025 guidance at EPS. On average, research analysts predict that Cohu will post -0.36 earnings per share for the current year.

Institutional Investors Weigh In On Cohu

Several hedge funds and other institutional investors have recently added to or reduced their stakes in COHU. Heritage Family Offices LLP acquired a new stake in shares of Cohu during the 3rd quarter worth approximately $217,000. Squarepoint Ops LLC raised its holdings in shares of Cohu by 55.3% during the second quarter. Squarepoint Ops LLC now owns 47,862 shares of the semiconductor company's stock worth $921,000 after acquiring an additional 17,049 shares during the period. Public Sector Pension Investment Board raised its holdings in shares of Cohu by 7.4% during the second quarter. Public Sector Pension Investment Board now owns 158,715 shares of the semiconductor company's stock worth $3,054,000 after acquiring an additional 10,910 shares during the period. CANADA LIFE ASSURANCE Co raised its holdings in shares of Cohu by 0.9% during the second 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 during the period. Finally, Tower Research Capital LLC TRC increased its stake in Cohu by 135.9% in the 2nd quarter. Tower Research Capital LLC TRC now owns 4,526 shares of the semiconductor company's stock valued at $87,000 after buying an additional 2,607 shares during the last quarter. Institutional investors and hedge funds own 94.67% of the company's stock.

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.

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