Cohu (NASDAQ:COHU) Posts Quarterly Earnings Results, Misses Expectations By $0.18 EPS

Cohu (NASDAQ:COHU) announced its quarterly earnings data on Thursday. The semiconductor company reported ($0.25) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.07) by ($0.18), Zacks reports. Cohu had a negative net margin of 11.35% and a negative return on equity of 1.01%. Cohu updated its Q1 2025 guidance to EPS.

Cohu Trading Up 2.9 %

COHU traded up $0.60 during trading on Thursday, reaching $21.47. 662,708 shares of the company’s stock were exchanged, compared to its average volume of 368,149. The company has a current ratio of 6.38, a quick ratio of 4.69 and a debt-to-equity ratio of 0.01. Cohu has a one year low of $20.76 and a one year high of $36.60. The firm has a fifty day moving average price of $25.07 and a two-hundred day moving average price of $25.57. The stock has a market capitalization of $1.00 billion, a PE ratio of -19.88 and a beta of 1.45.

Wall Street Analyst Weigh In

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