Cohu Inc. [COHU] Stock Looks Poised to Climb Further

Cohu Inc. [COHU] has traded in a range of $8.89 to $31.44 in the last 1 year. As of this writing, the stock is at $33.95, up 11.24%. To check whether the stock’s short-term amount has a thrust, its good to check stock’s recent movement. Over the last week, COHU shares are 10.62% up with the monthly amount drift of 33.98% and seems well in a long time frame.

On 1, December 2020, Cohu Provides Business Update for the Fourth Quarter Ending December 26, 2020. According to news published on Yahoo Finance, Cohu, Inc. (NASDAQ: COHU), a global leader in back-end semiconductor equipment and services, today provided a business update and an upward revision to its fiscal fourth quarter 2020 guidance:.

Analyst Birdseye View:

The most recent analyst activity for Cohu Inc. [NASDAQ:COHU] stock was on June 16, 2020, when it was Initiated with a Buy rating from Needham, which also raised its 12-month price target on the stock to $20. Before that, on July 31, 2020, Cowen Recapitulated an Outperform rating and elevated its amount target to $24. On April 17, 2020, Cowen Initiated an Outperform rating and boosted its price target on this stock to $20. On April 13, 2020, B. Riley FBR Upgrade a Buy rating and increased its price target from $11 to $19. On March 19, 2020, B. Riley FBR Downgrade a Neutral rating and decreased its price target to $11. On January 13, 2020, Deutsche Bank Initiated a Buy rating and boosted its amount on this stock to $27. On September 05, 2019, Craig Hallum Initiated a Buy rating and boosted its target amount on this stock to $20. On May 07, 2019, Stifel Upgrade a Buy rating and amplified its amount target to $22.

In the past 52 weeks of trading, this stock has oscillated between a low of $8.89 and a peak of $31.44. Right now, the middling Wall Street analyst 12-month amount mark is $44.00. At the most recent market close, shares of Cohu Inc. [NASDAQ:COHU] were valued at $33.95. According to the average price forecast, investors can expect a potential return of 27.93%.

FUNDAMENTAL ANALYSIS

Cohu Inc. [NASDAQ:COHU] most recently reported quarterly sales of 150.65 billion, which represented growth of 4.90%. This publicly-traded organization’s revenue is $182,290 per employee, while its income is -$21,563 per employee. This company’s Gross Margin is currently 40.80%, its Operating Margin is -5.00%, its Pretax Margin is -12.36, and its Net Margin is -11.83. Continuing to look at profitability, this corporation’s Return on Assets, Equity, Whole Principal & invested Principal is sitting at -6.24, -13.41, -4.03 and -7.88 respectively.

If looking now at the Principal structure of this organization, it shows its whole liability to the whole Principal at 44.67 and the whole liability to whole assets at 36.18. It shows enduring liability to the whole principal at 43.00 and enduring liability to assets at 0.35 while looking for an extended time period.

Readers are usually of view to make a close observation to the indicators that support and make resistance before moving to any particular stock. As of now, the company’s stock is sitting at 29.39 points at 1st support level, the second support level is making up to 28.27. But as of 1st resistance point, this stock is sitting at 31.54 and at 32.57 for 2nd resistance point.

Cohu Inc. [COHU] reported its earnings at $0.27 per share in the fiscal quarter closing of 9/29/2020. The Analysts for Wall Street were expecting to report its earnings at $0.19/share signifying the difference of 0.08 and 42.10% surprise value. Comparing the previous quarter ending of 6/29/2020, the stated earnings were $0.17 calling estimates for $0.07/share with the difference of 0.1 depicting the surprise of 142.90%.

Important Ratio’s To Watch

Meanwhile, turning our focus to liquidity, the Current Ratio for Cohu Inc. [NASDAQ:COHU] is 3.00. Likewise, the Quick ratio is also the same, showing Cash ratio at 1.05. Now if looking for a valuation of this stock’s amount to sales ratio it’s 1.57 and it’s amount to book ratio is 1.91.

Insider Stories

The most recent insider trade was by Muller Luis A, President & CEO, and it was the sale of 22000.0 shares on Dec 01. Muller Luis A, the President & CEO, completed a sale of 10000.0 shares on Nov 17. On Nov 16, Muller Luis A, President & CEO, completed a sale of 5000.0 shares.