Are Analysts Too Bullish On Cohu, Inc (COHU)

Cohu, Inc (NASDAQ:COHU) currently has a daily average trading volume of 559.76K but it saw 478973 shares traded in last market. With a market cap of 654.35M USD, the company’s current market price of $14.06 came rising about 0.93 while comparing to the previous closing price of $13.93. In past 52 weeks, the stock remained buoying in the range of price level as high as $36.60 and as low as $12.57. In the recent trading on the day, stock has struck highest price mark of $13.76 while lowest mark touched by it was $14.115.

Taking a look at 20-day trading activity of Cohu, Inc (COHU) gives us an average price of $14.94, while its current price level is -61.58% below from 52-week high level whereas it is 11.85% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $17.48 while that of 200 days or SMA-200 reads an average of $24.35. A closer look into the stock’s movement over the week reveals that its volatility is standing at 4.60% during that period while stretching the period over a month that increases to 6.30%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 38.74 which implies that the stock is in neutral territory.

Craig Hallum upgraded its recommendation for the stock as a “Buy” from “Hold” on November 01, 2024 while assigning a price target of $30. TD Cowen issued its recommendations for the stock as it reiterated the price target for the stock in the range of between $36 and $30.

Over the week, COHU’s stock price is moving -1.68% down while it is -17.87% when we observe its performance for the past one month. Year-to-date it is -47.34% down and over the past year, the stock is showing a downside performance of -53.86%.

The company is expected to be releasing its next quarterly report on 2025-Feb-12, for which analysts forecasted an EPS of -0.17 while estimate for next year EPS is -0.0. In next quarter, company is expected to be making quarterly sales of $102.19M as analysts are expecting the sales for current fiscal year at $438.86M and seeing the company making $513.92M in sales next year. Moreover, analysts are in estimates of $96.61M for current-quarter revenue.

Currently, Cohu, Inc’s total number of outstanding shares is 49.60M with 2.87% of that held by the insiders while 97.25% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -7.99% and return on equity (ROE) at -7.73%. It has a 17.93 of forward P/E ratio. Stock’s beta reads 1.22. Stock has a price to book (P/B) ratio of 0.81 while price to sale or P/S ratio amounts to 1.63. Its return on asset (ROA) is -6.50% on average.