$0.28 EPS Expected for Cohu, Inc. (COHU)

July 18, 2017 - By Winifred Garcia

 $0.28 EPS Expected for Cohu, Inc. (COHU)
Investors sentiment decreased to 1.23 in 2016 Q4. Its down 0.10, from 1.33 in 2016Q3. It worsened, as 11 investors sold Cohu, Inc. shares while 29 reduced holdings. 10 funds opened positions while 39 raised stakes. 21.12 million shares or 0.43% more from 21.03 million shares in 2016Q3 were reported.
Federated Pa holds 0% of its portfolio in Cohu, Inc. (NASDAQ:COHU) for 336 shares. Principal Financial Grp Incorporated Incorporated invested in 0% or 184,237 shares. Voya Investment Mgmt Limited Liability Company holds 15,820 shares. Thrivent For Lutherans stated it has 0% of its portfolio in Cohu, Inc. (NASDAQ:COHU). State Of Alaska Department Of Revenue, a Alaska-based fund reported 2,690 shares. Needham Investment Mngmt Ltd Liability holds 0.14% of its portfolio in Cohu, Inc. (NASDAQ:COHU) for 40,000 shares. Menta Ltd Liability accumulated 23,034 shares. Riverhead Cap Mngmt Limited Co has invested 0% in Cohu, Inc. (NASDAQ:COHU). Gemmer Asset Management Llc holds 94 shares. Millennium Mngmt Limited Liability Company reported 20,344 shares. Geode Cap holds 0% of its portfolio in Cohu, Inc. (NASDAQ:COHU) for 239,386 shares. Legal & General Group Inc Plc holds 0% of its portfolio in Cohu, Inc. (NASDAQ:COHU) for 41,250 shares. Schwab Charles Invest Mgmt holds 0% of its portfolio in Cohu, Inc. (NASDAQ:COHU) for 86,525 shares. 13,500 are owned by Public Employees Retirement Association Of Colorado. Arizona State Retirement holds 0% or 12,826 shares.

Since February 24, 2017, it had 0 insider purchases, and 11 insider sales for $5.38 million activity. The insider Chiang Hock Woo sold 6,000 shares worth $102,480. BENDUSH WILLIAM sold 5,000 shares worth $93,600. Muller Luis A also sold $1.01 million worth of Cohu, Inc. (NASDAQ:COHU) shares. 25,000 shares were sold by DONAHUE JAMES A, worth $452,750. Jones Jeffrey D had sold 13,750 shares worth $221,788. von Fellenberg IAN sold $48,054 worth of stock or 2,639 shares.

Analysts await Cohu, Inc. (NASDAQ:COHU) to report earnings on July, 27. They expect $0.28 earnings per share, up 64.71 % or $0.11 from last year’s $0.17 per share. COHU’s profit will be $8.08 million for 17.37 P/E if the $0.28 EPS becomes a reality. After $0.31 actual earnings per share reported by Cohu, Inc. for the previous quarter, Wall Street now forecasts -9.68 % negative EPS growth. The stock increased 8.00% or $1.44 during the last trading session, reaching $19.45. About 747,449 shares traded or 198.52% up from the average. Cohu, Inc. (NASDAQ:COHU) has risen 64.54% since July 18, 2016 and is uptrending. It has outperformed by 47.84% the S&P500.

Cohu, Inc. (NASDAQ:COHU) Ratings Coverage

Among 4 analysts covering Cohu (NASDAQ:COHU), 3 have Buy rating, 0 Sell and 1 Hold. Therefore 75% are positive. Cohu had 4 analyst reports since July 31, 2015 according to SRatingsIntel. The firm earned “Buy” rating on Friday, July 31 by Dougherty & Company. The firm earned “Buy” rating on Wednesday, August 19 by Sidoti. B. Riley & Co maintained Cohu, Inc. (NASDAQ:COHU) rating on Monday, July 10. B. Riley & Co has “Buy” rating and $2500 target. The stock of Cohu, Inc. (NASDAQ:COHU) has “Hold” rating given on Thursday, February 25 by Stifel Nicolaus.

Cohu, Inc. is a supplier of semiconductor test and inspection handlers, micro-electro mechanical system test modules, test contactors and thermal sub-systems used by global semiconductor manufacturers and test subcontractors. The company has market cap of $561.35 million. It develops, makes, sells and services a line of equipment capable of handling a range of integrated circuits and light-emitting diodes. It has a 45.56 P/E ratio. It operates through semiconductor equipment segment.

More news for Cohu, Inc. (NASDAQ:COHU) were recently published by: Businesswire.com, which released: “Cohu Announces Strong Preliminary Second Quarter 2017 Results” on July 11, 2017. Seekingalpha.com‘s article titled: “Cohu: Undervalued Small Tech Stock With Strong Growth” and published on July 17, 2017 is yet another important article.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.