Cohu (COHU) Earning Somewhat Favorable News Coverage, Accern Reports

Media stories about Cohu (NASDAQ:COHU) have been trending somewhat positive this week, according to Accern Sentiment Analysis. The research group identifies negative and positive press coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Cohu earned a news sentiment score of 0.14 on Accern’s scale. Accern also assigned news coverage about the semiconductor company an impact score of 46.4161762569674 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.

Here are some of the media stories that may have effected Accern Sentiment’s rankings:

Shares of Cohu (NASDAQ:COHU) opened at $24.88 on Thursday. The company has a debt-to-equity ratio of 0.02, a current ratio of 3.62 and a quick ratio of 2.89. The company has a market cap of $718.52, a PE ratio of 19.54 and a beta of 0.89. Cohu has a one year low of $11.90 and a one year high of $26.17.

Cohu (NASDAQ:COHU) last posted its quarterly earnings data on Thursday, November 2nd. The semiconductor company reported $0.43 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.39 by $0.04. The firm had revenue of $93.70 million during the quarter, compared to analyst estimates of $91.43 million. Cohu had a net margin of 8.26% and a return on equity of 14.67%. The company’s revenue for the quarter was up 35.2% on a year-over-year basis. During the same quarter last year, the business posted $0.14 EPS. equities research analysts forecast that Cohu will post 1.37 earnings per share for the current year.

The business also recently announced a quarterly dividend, which will be paid on Tuesday, January 2nd. Stockholders of record on Friday, November 17th will be given a dividend of $0.06 per share. This represents a $0.24 dividend on an annualized basis and a dividend yield of 0.96%. The ex-dividend date is Thursday, November 16th. Cohu’s dividend payout ratio is currently 24.49%.

Several equities analysts have recently weighed in on the stock. B. Riley upped their price objective on shares of Cohu from $28.00 to $31.00 and gave the company a “buy” rating in a report on Friday, November 3rd. Needham & Company LLC reiterated a “buy” rating and set a $24.00 price objective on shares of Cohu in a report on Friday, October 27th. Zacks Investment Research upgraded shares of Cohu from a “hold” rating to a “strong-buy” rating and set a $29.00 price objective on the stock in a report on Tuesday, November 7th. ValuEngine lowered shares of Cohu from a “strong-buy” rating to a “buy” rating in a report on Monday, October 2nd. Finally, Dougherty & Co upped their price objective on shares of Cohu from $23.50 to $24.00 and gave the company a “buy” rating in a report on Friday, July 28th. Two equities research analysts have rated the stock with a hold rating, four have issued a buy rating and one has assigned a strong buy rating to the stock. Cohu currently has an average rating of “Buy” and an average price target of $25.40.

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In other news, Director Steven J. Bilodeau sold 10,000 shares of the stock in a transaction that occurred on Monday, November 20th. The shares were sold at an average price of $24.86, for a total transaction of $248,600.00. Following the completion of the transaction, the director now directly owns 95,184 shares of the company’s stock, valued at approximately $2,366,274.24. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director James A. Donahue sold 75,000 shares of the stock in a transaction that occurred on Tuesday, September 5th. The shares were sold at an average price of $18.72, for a total transaction of $1,404,000.00. Following the transaction, the director now directly owns 444,049 shares of the company’s stock, valued at $8,312,597.28. The disclosure for this sale can be found here. Insiders have sold a total of 242,594 shares of company stock valued at $5,421,372 over the last three months. Insiders own 6.46% of the company’s stock.

About Cohu

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. It develops, manufactures, sells and services a line of equipment capable of handling a range of integrated circuits and light-emitting diodes.

Insider Buying and Selling by Quarter for Cohu (NASDAQ:COHU)

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