COHU - Cohu Inc Stock Price, Fair Value and News

29.95USD+0.88 (+3.03%)Market Closed

Market Summary

USD29.95+0.88

Market Closed

3.03%

COHU Stock Price

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COHU RSI Chart

COHU Valuation

Market Cap

1.4B

Price/Earnings (Trailing)

48.6

Price/Sales (Trailing)

2.15

EV/EBITDA

11.35

Price/Free Cashflow

16.02

COHU Price/Sales (Trailing)

COHU Profitability

EBT Margin

7.20%

Return on Equity

2.96%

Return on Assets

2.45%

Free Cashflow Yield

6.24%

COHU Fundamentals

COHU Revenue

Revenue (TTM)

636.3M

Rev. Growth (Yr)

-28.19%

Rev. Growth (Qtr)

-9%

COHU Earnings

Earnings (TTM)

28.2M

Earnings Growth (Yr)

-109.38%

Earnings Growth (Qtr)

-151.8%

Breaking Down COHU Revenue

Last 7 days

-5.6%

Last 30 days

-5.4%

Last 90 days

-16.6%

Trailing 12 Months

-17.9%

How does COHU drawdown profile look like?

COHU Financial Health

Current Ratio

6.18

COHU Investor Care

Buy Backs (1Y)

0.44%

Diluted EPS (TTM)

0.59

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2023	794.4M	746.1M	690.2M	636.3M
2022	859.5M	831.9M	813.5M	812.8M
2021	722.6M	823.3M	897.7M	887.2M
2020	574.4M	568.5M	575.7M	636.0M
2019	504.4M	554.6M	612.0M	583.3M
2018	366.8M	372.7M	365.2M	451.8M
2017	297.4M	314.9M	339.3M	352.7M
2016	272.0M	273.1M	274.9M	282.1M
2015	319.9M	320.8M	296.8M	269.7M
2014	239.5M	251.6M	287.2M	316.6M
2013	220.1M	222.9M	221.2M	231.6M
2012	272.6M	251.1M	237.0M	221.2M
2011	347.5M	353.6M	339.3M	309.0M
2010	0	221.7M	272.2M	322.7M
2009	0	0	0	171.3M

Get all data in R, Python etc through our Historical Stock Data APIs

GRUFITY'S FAIR VALUE MODEL

Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index

Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

Returns of $10,000 invested in:

Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224

Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

Russell 2000 Index

Very Expensive Stocks

Very Cheap Stocks

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Tracking the Latest Insider Buys and Sells of Cohu Inc

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Mar 29, 2024	caggia andrew m	acquired	-	-	631	-
Mar 17, 2024	kampfer thomas d	sold (taxes)	-	-	-1,522	sr. vp corp dev, gc & sec
Mar 17, 2024	jones jeffrey d	sold (taxes)	-	-	-3,495	sr. vp finance & cfo
Mar 17, 2024	bohrson christopher	sold (taxes)	-	-	-2,215	sr vp & chief customer officer
Mar 17, 2024	muller luis a	sold (taxes)	-	-	-10,795	president & ceo
Mar 15, 2024	jones jeffrey d	sold	-	-	-1,164	sr. vp finance & cfo
Mar 15, 2024	muller luis a	sold	-	-	-3,547	president & ceo
Mar 15, 2024	jones jeffrey d	sold (taxes)	-	-	-5,541	sr. vp finance & cfo
Mar 15, 2024	muller luis a	sold (taxes)	-	-	-17,232	president & ceo
Mar 15, 2024	bohrson christopher	sold	-	-	-767	sr vp & chief customer officer

Which funds bought or sold COHU recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
Apr 22, 2024	MetLife Investment Management, LLC	unchanged	-	23,487	874,947	0.01%
Apr 22, 2024	ALTFEST L J & CO INC	reduced	-7.66	-33,000	217,000	0.03%
Apr 19, 2024	Mesirow Financial Investment Management, Inc.	reduced	-23.27	-69,321	231,610	1.16%
Apr 19, 2024	Kovack Advisors, Inc.	reduced	-25.41	-491,251	1,160,120	0.14%
Apr 19, 2024	State of Alaska, Department of Revenue	reduced	-0.98	-70,000	964,000	0.01%
Apr 19, 2024	Maryland State Retirement & Pension System	unchanged	-	-93,576	517,432	0.01%
Apr 18, 2024	SJS Investment Consulting Inc.	added	20.00	23.00	200	-%
Apr 18, 2024	Allspring Global Investments Holdings, LLC	added	26.52	3,579	22,264	-%
Apr 18, 2024	Penbrook Management LLC	reduced	-6.26	-281,414	2,119,620	1.31%
Apr 18, 2024	FARMERS & MERCHANTS INVESTMENTS INC	unchanged	-	-70.00	1,133	-%

Are Funds Buying or Selling COHU?

Are funds buying COHU calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own COHU

No. of Funds

Unveiling Cohu Inc's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 13, 2024	vanguard group inc	8.77%	4,165,622	SC 13G/A
Feb 09, 2024	dimensional fund advisors lp	6.4%	3,064,076	SC 13G/A
Feb 06, 2024	victory capital management inc	6.26%	2,971,600	SC 13G/A
Jan 30, 2024	franklin mutual advisers llc	5.9%	2,782,581	SC 13G
Jan 22, 2024	blackrock inc.	15.7%	7,478,150	SC 13G/A
Feb 10, 2023	dimensional fund advisors lp	6.0%	2,866,000	SC 13G
Feb 09, 2023	vanguard group inc	7.44%	3,544,328	SC 13G/A
Feb 01, 2023	victory capital management inc	6.37%	3,034,729	SC 13G
Jan 26, 2023	blackrock inc.	15.9%	7,555,033	SC 13G/A
Jan 20, 2023	blackrock inc.	15.9%	7,555,033	SC 13G/A

Recent SEC filings of Cohu Inc

View All Filings

Date Filed	Form Type	Document
Apr 22, 2024	DEF 14A	DEF 14A
Apr 12, 2024	PRE 14A	PRE 14A
Apr 01, 2024	4	Insider Trading
Mar 18, 2024	4	Insider Trading
Mar 18, 2024	4	Insider Trading
Mar 18, 2024	4	Insider Trading
Mar 18, 2024	4	Insider Trading
Mar 18, 2024	4	Insider Trading
Mar 18, 2024	4	Insider Trading
Mar 18, 2024	4	Insider Trading

Peers (Alternatives to Cohu Inc)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
NVDA	2.0T	60.9B	-15.67%	193.19%	66.79	32.63	125.85%	581.31%
AMD	240.2B	22.7B	-17.27%	68.08%	281.21	10.59	-3.90%	-35.30%
AMAT	157.4B	26.5B	-9.91%	66.95%	21.99	5.94	0.88%	10.98%
INTC	145.4B	54.2B	-19.19%	13.53%	86.11	2.68	-14.00%	-78.92%
ADI	92.4B	11.6B	-3.72%	-0.02%	32.81	7.99	-8.03%	-17.90%
MID-CAP
AMKR	7.1B	6.5B	-8.44%	23.69%	19.79	1.1	-8.30%	-53.02%
CRUS	4.6B	1.8B	-7.10%	-4.07%	25.88	2.55	-11.16%	-46.12%
ACLS	3.2B	1.1B	-13.90%	-22.63%	12.85	2.8	22.89%	34.51%
DIOD	3.1B	1.7B	-0.47%	-18.41%	13.73	1.88	-16.94%	-31.42%
AMBA	1.7B	226.5M	-17.25%	-39.01%	-9.93	7.42	-32.92%	-159.10%
SMALL-CAP
ACMR	1.5B	557.7M	-16.54%	146.55%	20.03	2.78	43.44%	97.00%
AOSL	559.6M	640.0M	-8.69%	-20.19%	-32.64	0.87	-19.44%	-128.49%
AEHR	306.2M	71.9M	-27.76%	-60.60%	19.88	4.26	14.14%	8.17%
ATOM	145.3M	550.0K	-9.74%	4.99%	-7.34	264.26	43.98%	-13.47%
ASYS	66.0M	116.7M	-9.34%	-46.56%	-3.44	0.57	15.07%	-240.88%

Cohu Inc News

Latest updates

Cohu Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Income Statement (Quarterly)																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Revenue	-9.0%	137	151	169	179	191	207	217	198	192	225	245	225	202	151	144	139	142	143	150	148	171
Costs and Expenses	-4.5%	137	143	153	159	164	173	180	170	174	191	130	190	184	152	145	153	156	150	165	166	230
S&GA Expenses	1.3%	33.00	32.00	33.00	34.00	35.00	33.00	33.00	31.00	31.00	30.00	33.00	33.00	34.00	31.00	31.00	33.00	35.00	34.00	36.00	38.00	46.00
R&D Expenses	3.0%	22.00	21.00	22.00	23.00	23.00	23.00	23.00	23.00	23.00	23.00	23.00	23.00	23.00	20.00	20.00	22.00	21.00	20.00	22.00	23.00	23.00
EBITDA Margin	-13.7%	0.16*	0.18*	0.20*	0.21*	0.22*	0.21*	0.20*	0.28*	0.28*	0.28*	0.26*	0.14*	-	-	-	-	-	-	-	-	-
Interest Expenses	-2.5%	1.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	2.00	3.00	3.00	3.00	3.00	4.00	5.00	5.00	5.00	6.00	5.00
Income Taxes	-67.6%	2.00	5.00	6.00	5.00	4.00	10.00	9.00	6.00	-3.61	7.00	18.00	4.00	0.00	1.00	0.00	-0.99	-3.24	1.00	-0.92	-0.20	-6.27
Earnings Before Taxes	-105.8%	-0.50	9.00	17.00	21.00	26.00	35.00	38.00	28.00	17.00	31.00	113	31.00	15.00	-5.53	-4.60	-18.31	-19.52	-9.20	-20.30	-23.05	-63.38
EBT Margin	-31.4%	0.07*	0.10*	0.13*	0.15*	0.16*	0.14*	0.14*	0.22*	0.22*	0.21*	0.19*	0.05*	-	-	-	-	-	-	-	-	-
Net Income	-151.8%	-2.03	4.00	11.00	16.00	22.00	25.00	29.00	22.00	21.00	24.00	95.00	28.00	15.00	-6.65	-4.74	-17.28	-17.27	-10.47	-19.32	-22.64	-56.75
Net Income Margin	-41.1%	0.04*	0.08*	0.10*	0.11*	0.12*	0.12*	0.11*	0.19*	0.19*	0.18*	0.16*	0.04*	-	-	-	-	-	-	-	-	-
Free Cashflow	-104.8%	-1.20	25.00	50.00	11.00	23.00	35.00	41.00	-0.68	25.00	31.00	27.00	3.00	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Assets	-1.5%	1,150	1,168	1,188	1,188	1,227	1,198	1,239	1,243	1,259	1,273	1,372	1,259	1,090	1,046	1,067	1,072	1,078	1,072	1,104	1,106	1,134
Current Assets	-11.1%	639	719	722	709	765	749	767	752	751	744	827	676	485	445	456	454	440	432	443	445	485
Cash Equivalents	-16.3%	246	293	275	227	242	232	281	267	290	289	354	143	149	170	163	171	156	145	143	160	164
Inventory	-6.5%	156	167	174	176	170	165	163	160	161	158	156	161	143	138	142	135	131	134	137	131	139
Net PPE	3.7%	69.00	67.00	67.00	67.00	65.00	62.00	62.00	64.00	64.00	65.00	65.00	66.00	67.00	65.00	66.00	65.00	71.00	70.00	72.00	72.00	74.00
Goodwill	1471.6%	242	15.00	224	224	214	203	212	216	220	224	227	247	252	244	239	238	239	236	241	239	242
Current Liabilities	-19.5%	103	128	138	145	161	171	194	176	192	202	321	208	174	147	159	164	149	139	147	138	161
Shareholder's Equity	0.4%	950	946	953	939	929	882	894	887	883	872	850	749	512	475	467	465	483	491	514	528	546
Retained Earnings	-0.6%	319	321	317	306	290	269	244	215	194	173	149	54.00	26.00	11.00	18.00	23.00	43.00	62.00	75.00	97.00	112
Additional Paid-In Capital	0.9%	686	680	676	671	687	682	678	673	675	670	667	662	448	443	440	435	433	428	426	421	420
Shares Outstanding	0.2%	49.00	49.00	49.00	49.00	49.00	48.00	48.00	49.00	47.00	47.00	46.00	44.00	-	-	-	-	-	-	-	-	-
Minority Interest	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-0.36	-0.36	-0.36	-0.30
Float	-	-	-	1,930	-	-	-	1,286	-	-	-	1,654	-	-	-	655	-	-	-	624	-	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Cashflow From Operations	-90.7%	2,701	29,139	53,145	16,485	27,566	39,496	43,808	1,991	27,812	34,391	29,524	6,188	21,860	14,731	-4,524	17,813	13,831	8,211	-9,493	4,720	5,230
Share Based Compensation	5.1%	4,557	4,334	4,432	3,914	3,823	3,740	3,933	3,422	3,049	3,714	3,506	3,523	3,921	3,299	3,403	3,611	3,287	3,506	3,662	3,693	4,556
Cashflow From Investing	-8325.6%	-42,465	-504	-1,526	14,285	-9,546	-54,402	852	-4,775	-16,824	1,535	185,039	-129,857	-24,761	8,861	-3,928	1,465	-4,720	-4,242	-4,065	-3,521	-
Cashflow From Financing	-102.3%	-12,130	-5,995	-2,639	-47,373	-12,384	-29,782	-29,772	-19,131	-6,043	-100,844	-3,135	116,548	-18,659	-16,977	-336	-2,246	266	154	-3,312	-5,291	331,673
Dividend Payments	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2,488	2,483	2,468	2,466	2,450	2,443	1,732
Buy Backs	4894.3%	16,282	326	57.00	3,481	28,330	542	209	5,949	6,397	877	977	-	-1,242	580	288	1,397	-1,985	730	200	1,828	11,425

COHU Income Statement

2023-12-30

Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Thousands

12 Months Ended

Dec. 30, 2023

Dec. 31, 2022

Dec. 25, 2021

Net sales

$ 636,322

$ 812,775

$ 887,214

Cost and expenses:

Cost of sales (1)

^[1]

333,454

429,449

500,253

Research and development

88,571

92,589

91,963

Selling, general and administrative

132,249

131,390

126,958

Amortization of cost

36,355

33,185

35,414

Gain on sale of PCB Test business (2)

^[2]

(70,815)

Restructuring charges (Note 4)

2,421

605

1,823

Impairment charges

100

Costs and Expenses

593,050

687,218

685,696

Income from operations

43,272

125,557

201,518

Other (expense) income:

Interest expense

(3,382)

(4,177)

(6,413)

Interest income

11,504

4,012

239

Foreign transaction gain (loss)

(5,209)

1,635

411

Loss on extinguishment of debt

(369)

(312)

(3,411)

Total

45,816

126,715

192,344

Income tax provision

17,660

29,868

25,019

Net income

$ 28,156

$ 96,847

$ 167,325

Basic: (in dollars per share)

$ 0.59

$ 2.01

$ 3.53

Diluted: (in dollars per share)

$ 0.59

$ 1.98

$ 3.45

Weighted average shares used in computing income per share:

Basic (in shares)

47,486

48,178

47,409

Diluted (in shares)

48,025

48,799

48,460

[1]

Excludes amortization of $28,418, $26,023, and $27,508 for the years ended December 30, 2023, December 31, 2022, and December 25, 2021, respectively.

[2]

On June 24, 2021 we completed the divestment of our PCB Test business. The divestment of this business did not qualify for presentation as discontinued operations and the results of the PCB Test business are included in continuing operations for all periods presented. See Note 14, “Business Divestitures and Discontinued Operations” for additional information on this transaction and financial statement presentation.

COHU Balance Sheet

2023-12-30

Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 30, 2023	Dec. 31, 2022
Current assets:
Cash and cash equivalents	$ 245,524	$ 242,341
Short-term investments	90,174	143,235
Accounts receivable, net	124,624	176,148
Inventories	155,793	170,141
Prepaid expenses	17,696	24,017
Other current assets	5,007	8,969
Total current assets	638,818	764,851
Property, plant and equipment, net	69,085	65,011
Goodwill	241,658	213,539
Intangible assets, net	151,770	140,104
Other assets	32,243	21,105
Operating lease right of use assets	16,778	22,804
Assets	1,150,352	1,227,414
Current liabilities:
Short-term borrowings	1,773	1,907
Current installments of long-term debt	4,551	4,404
Accounts payable	33,600	51,763
Customer advances	4,748	6,886
Accrued compensation and benefits	31,897	38,348
Accrued warranty	4,653	5,614
Deferred profit	3,586	8,022
Income taxes payable	4,024	26,648
Other accrued liabilities	14,589	17,280
Total current liabilities	103,421	160,872
Other accrued liabilities	8,262	7,620
Noncurrent income tax liabilities	7,065	6,486
Accrued retirement benefits	10,802	10,363
Deferred income taxes	23,154	21,359
Long-term debt	34,303	72,664
Long-term lease liabilities	13,175	19,209
Stockholders' equity:
Preferred stock, $1 par value; 1,000 shares authorized, none issued	0	0
Common stock, $1 par value; 90,000 shares authorized, 49,429 shares issued and outstanding in 2023 and 49,276 shares in 2022	49,429	49,276
Paid-in capital	686,146	687,218
Treasury stock, at cost; 2,253 shares in 2023 and 1,767 shares in 2022	(69,184)	(58,043)
Retained earnings	318,558	290,402
Accumulated other comprehensive loss	(34,779)	(40,012)
Total stockholders' equity	950,170	928,841
Liabilities and Equity	$ 1,150,352	$ 1,227,414

About Cohu Inc

Cohu, Inc., through its subsidiaries, provides semiconductor test equipment and services in China, the United States, Taiwan, Malaysia, the Philippines, and internationally. The company supplies semiconductor test and inspection handlers, micro-electromechanical system (MEMS) test modules, test contactors, thermal sub-systems, and semiconductor automated test equipment for semiconductor manufacturers and test subcontractors. It also provides semiconductor automated test equipment for wafer level and device package testing; various test handlers, including pick-and-place, turret, gravity, strip, and MEMS and thermal sub-systems; interface products comprising test contactors, and probe heads and pins; spares and kits; various parts and labor warranties on test and handling systems, and instruments; and training on the maintenance and operation of its systems, as well as application, data management software, and consulting services on its products. In addition, the company offers data analytics product that includes DI-Core, a software suite used to optimize Cohu equipment performance, which provides real-time online performance monitoring and process control. It markets its products through direct sales force and independent sales representatives. The company was formerly known as Cohu Electronics, Inc. and changed its name to Cohu, Inc. in 1972. Cohu, Inc. was incorporated in 1947 and is headquartered in Poway, California.

CEO	Dr. Luis Antonio Muller
WEBSITE	cohu.com
INDUSTRY	Semiconductors
EMPLOYEES	3114

Cohu Inc Frequently Asked Questions

What is the ticker symbol for Cohu Inc? What does COHU stand for in stocks?

COHU is the stock ticker symbol of Cohu Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Cohu Inc (COHU)?

As of Mon Apr 22 2024, market cap of Cohu Inc is 1.37 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of COHU stock?

You can check COHU's fair value in chart for subscribers.

What is the fair value of COHU stock?

You can check COHU's fair value in chart for subscribers. The fair value of Cohu Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Cohu Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for COHU so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Cohu Inc a good stock to buy?

The fair value guage provides a quick view whether COHU is over valued or under valued. Whether Cohu Inc is cheap or expensive depends on the assumptions which impact Cohu Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for COHU.

What is Cohu Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Mon Apr 22 2024, COHU's PE ratio (Price to Earnings) is 48.6 and Price to Sales (PS) ratio is 2.15. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. COHU PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Cohu Inc's stock?

In the past 10 years, Cohu Inc has provided 0.123 (multiply by 100 for percentage) rate of return.