Cohu Inc. (NASDAQ:COHU) posted its quarterly earnings data on Thursday. The company reported $0.14 earnings per share for the quarter, topping analysts’ consensus estimates of $0.06 by $0.08. Cohu had a return on equity of 3.23% and a net margin of 1.38%. The business had revenue of $69.30 million for the quarter, compared to analyst estimates of $67.95 million. During the same quarter in the prior year, the company earned $0.17 earnings per share. The company’s revenue was up 2.7% on a year-over-year basis.

Cohu (NASDAQ:COHU) traded up 0.65% during trading on Thursday, reaching $10.87. The stock has a 50 day moving average of $11.25 and a 200-day moving average of $11.25. The stock has a market capitalization of $289.98 million, a price-to-earnings ratio of 76.01 and a beta of 0.88. Cohu has a one year low of $10.01 and a one year high of $13.43.

Earnings History for Cohu (NASDAQ:COHU)

The firm also recently announced a quarterly dividend, which will be paid on Monday, January 2nd. Investors of record on Friday, November 18th will be issued a $0.06 dividend. This represents a $0.24 annualized dividend and a yield of 2.21%. Cohu’s dividend payout ratio (DPR) is presently 171.43%.

Institutional investors have recently bought and sold shares of the stock. Guggenheim Capital LLC raised its position in shares of Cohu by 0.3% in the second quarter. Guggenheim Capital LLC now owns 11,103 shares of the company’s stock worth $121,000 after buying an additional 30 shares in the last quarter. American International Group Inc. raised its position in shares of Cohu by 0.3% in the second quarter. American International Group Inc. now owns 19,444 shares of the company’s stock worth $211,000 after buying an additional 65 shares in the last quarter. Louisiana State Employees Retirement System raised its position in shares of Cohu by 1.8% in the second quarter. Louisiana State Employees Retirement System now owns 11,200 shares of the company’s stock worth $122,000 after buying an additional 200 shares in the last quarter. Arizona State Retirement System raised its position in shares of Cohu by 3.1% in the second quarter. Arizona State Retirement System now owns 13,126 shares of the company’s stock worth $142,000 after buying an additional 400 shares in the last quarter. Finally, California State Teachers Retirement System raised its position in shares of Cohu by 0.8% in the second quarter. California State Teachers Retirement System now owns 55,323 shares of the company’s stock worth $600,000 after buying an additional 419 shares in the last quarter. Institutional investors and hedge funds own 86.57% of the company’s stock.

A number of analysts have recently weighed in on the company. B. Riley reaffirmed a “buy” rating and set a $14.00 price objective on shares of Cohu in a research report on Friday, July 29th. TheStreet lowered Cohu from a “buy” rating to a “hold” rating in a research report on Friday, July 29th. Finally, Zacks Investment Research raised Cohu from a “sell” rating to a “hold” rating in a report on Tuesday, August 9th. Three analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. Cohu has a consensus rating of “Hold” and an average price target of $14.00.

Cohu Company Profile

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. The Company develops, manufactures, sells and services a line of equipment capable of handling a range of integrated circuits and light-emitting diodes (LEDs).

5 Day Chart for NASDAQ:COHU

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