News headlines about Cohu (NASDAQ:COHU) have been trending somewhat positive recently, Alpha One Sentiment Analysis reports. The research group, a division of Accern, scores the sentiment of media coverage by reviewing more than twenty million news and blog sources in real-time. Alpha One 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 0.07 on Alpha One’s scale. Alpha One also assigned media stories about the semiconductor company an impact score of 0 out of 100, indicating that recent media coverage is extremely unlikely to have an effect on the stock’s share price in the next few days.
Here are some of the news articles that may have effected AlphaOne’s rankings:
- Thermo Fisher Scientific Inc (TMO) Position Increased by Connable Office Inc (fumbleboard.com)
- COHU, INC. : ex-dividend day (4-traders.com)
- Cohu, Inc. breached its 50 day moving average in a Bearish Manner : COHU-US : June 13, 2017 (finance.yahoo.com)
- Cohu to Host Corporate Access Day (finance.yahoo.com)
Shares of Cohu (COHU) traded up 0.75% during mid-day trading on Friday, hitting $17.37. The stock had a trading volume of 351,015 shares. The firm has a market cap of $474.72 million, a P/E ratio of 42.47 and a beta of 0.87. The company has a 50 day moving average price of $18.66 and a 200 day moving average price of $16.19. Cohu has a 12-month low of $10.01 and a 12-month high of $21.64.
Cohu (NASDAQ:COHU) last issued its earnings results on Thursday, April 27th. The semiconductor company reported $0.31 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.19 by $0.12. The business had revenue of $81.10 million for the quarter, compared to analysts’ expectations of $78.30 million. Cohu had a return on equity of 8.63% and a net margin of 3.94%. The company’s quarterly revenue was up 23.3% on a year-over-year basis. During the same period in the previous year, the firm posted $0.06 EPS. Equities analysts forecast that Cohu will post $1.45 earnings per share for the current fiscal year.
The business also recently announced a quarterly dividend, which will be paid on Friday, July 28th. Investors of record on Friday, June 16th will be issued a $0.06 dividend. This represents a $0.24 dividend on an annualized basis and a dividend yield of 1.38%. The ex-dividend date of this dividend is Wednesday, June 14th. Cohu’s payout ratio is 55.82%.
Several analysts have recently issued reports on the company. B. Riley restated a “buy” rating and issued a $25.00 price objective on shares of Cohu in a research report on Wednesday, May 3rd. Needham & Company LLC restated a “hold” rating on shares of Cohu in a research report on Friday, February 17th. Finally, Zacks Investment Research upgraded Cohu from a “hold” rating to a “strong-buy” rating and set a $19.00 price objective on the stock in a research report on Thursday, February 23rd.
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In related news, CEO Luis A. Muller sold 120,721 shares of Cohu stock in a transaction on Friday, May 5th. The stock was sold at an average price of $19.34, for a total value of $2,334,744.14. Following the transaction, the chief executive officer now directly owns 364,686 shares in the company, valued at approximately $7,053,027.24. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Chairman James A. Donahue sold 25,000 shares of Cohu stock in a transaction on Tuesday, May 30th. The stock was sold at an average price of $18.11, for a total value of $452,750.00. Following the completion of the transaction, the chairman now owns 431,328 shares in the company, valued at $7,811,350.08. The disclosure for this sale can be found here. Insiders sold a total of 240,110 shares of company stock worth $4,637,918 over the last 90 days. Insiders own 5.97% of the company’s stock.
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. It develops, manufactures, sells and services a line of equipment capable of handling a range of integrated circuits and light-emitting diodes.
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