From MarketBeat:

Cohu, Inc. (NASDAQ:COHU) fell 3.2% on Monday, trading at a low of $31.96 with 74,275 shares traded, down 66% from the average volume. The stock closed at $33.03.

Analysts recently downgraded Cohu, resulting in a consensus rating of “Moderate Buy” and a consensus target price of $46.67.

Cohu has a quick ratio of 4.30, a current ratio of 5.59, and a debt-to-equity ratio of 0.04. Its market capitalization is $1.56 billion, with a P/E ratio of 30.58 and a beta of 1.51.

The company last reported quarterly earnings of $0.27 EPS, beating analysts’ estimates by $0.02, with a revenue of $150.80 million for the quarter. Analysts forecast 1.35 EPS for the current year.

Insider VP Thomas D. Kampfer sold 3,000 shares at $32.82, totaling $98,460.00. Large investors have been modifying holdings of COHU.

Cohu, Inc. provides semiconductor test equipment and handles, MEMS test modules, and test contactors for semiconductor manufacturers. Hedge funds and institutional investors own 88.23% of the company’s stock.



Read more: Cohu (NASDAQ:COHU) Trading Down 3.2%