News coverage about Cohu (NASDAQ:COHU) has trended somewhat positive this week, according to Accern Sentiment. The research group ranks the sentiment of news coverage by monitoring more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Cohu earned a media sentiment score of 0.17 on Accern’s scale. Accern also assigned headlines about the semiconductor company an impact score of 46.3226006340341 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.
A number of research analysts recently issued reports on COHU shares. Zacks Investment Research downgraded Cohu from a “buy” rating to a “hold” rating in a research note on Wednesday, January 3rd. B. Riley cut their price objective on Cohu from $31.00 to $30.00 and set a “buy” rating for the company in a research note on Friday, February 16th. BidaskClub upgraded Cohu from a “sell” rating to a “hold” rating in a research note on Thursday, March 1st. ValuEngine upgraded Cohu from a “hold” rating to a “buy” rating in a research note on Friday, February 2nd. Finally, Dougherty & Co reiterated a “buy” rating on shares of Cohu in a research note on Wednesday, February 21st. One analyst has rated the stock with a sell rating, two have issued a hold rating and four have assigned a buy rating to the stock. The stock presently has an average rating of “Hold” and a consensus price target of $25.20.
Shares of NASDAQ:COHU traded up $0.30 during mid-day trading on Tuesday, reaching $23.74. 6,474 shares of the company traded hands, compared to its average volume of 231,350. The company has a market cap of $668.11, a PE ratio of 17.72, a price-to-earnings-growth ratio of 1.95 and a beta of 0.94. The company has a current ratio of 3.49, a quick ratio of 2.76 and a debt-to-equity ratio of 0.02. Cohu has a 52 week low of $15.55 and a 52 week high of $26.17.
The business also recently disclosed a quarterly dividend, which was paid on Friday, April 13th. Investors of record on Tuesday, February 27th were paid a dividend of $0.06 per share. The ex-dividend date was Monday, February 26th. This represents a $0.24 dividend on an annualized basis and a dividend yield of 1.01%. Cohu’s dividend payout ratio (DPR) is presently 17.91%.
In related news, Director Robert L. Ciardella sold 5,000 shares of the business’s stock in a transaction that occurred on Friday, February 23rd. The stock was sold at an average price of $19.53, for a total value of $97,650.00. Following the transaction, the director now directly owns 80,887 shares of the company’s stock, valued at approximately $1,579,723.11. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Insiders own 3.88% of the company’s stock.
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Cohu Company Profile
Cohu, Inc, through its subsidiaries, engages in the development, manufacture, sale, and servicing of semiconductor test and inspection handlers, micro-electro mechanical system (MEMS) test modules, test contactors, and thermal sub-systems for semiconductor manufacturers and test subcontractors worldwide.
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