Gold bars to be exempt from tariffs, White House clarifies
In a challenging market environment, Cohu , Inc. (NASDAQ: NASDAQ:COHU), a leading supplier of semiconductor test and inspection handlers, marked a new 52-week low, with shares falling to $19.51. According to InvestingPro data, the company maintains a strong financial position with a current ratio of 6.27, indicating robust liquidity. Management has been actively buying back shares, potentially signaling confidence in the company’s future. This latest price level reflects a significant retreat from better-performing times, with InvestingPro reporting a -34.03% one-year total return. Investors are closely monitoring the company’s performance, as the semiconductor industry faces headwinds from global economic pressures and supply chain disruptions, reflected in the company’s -36.86% revenue decline over the last twelve months. Cohu’s stock hitting this low point could signal a critical juncture for the company as it navigates through the current market conditions and strategizes for recovery and growth. Analysts maintain a positive outlook, with price targets ranging from $26 to $35. For deeper insights into Cohu’s financial health and growth prospects, access the comprehensive Pro Research Report available on InvestingPro, which covers over 1,400 US stocks with detailed analysis and actionable intelligence.
In other recent news, Cohu Inc. reported its fourth-quarter 2024 earnings, revealing an earnings per share (EPS) of -$0.15, which fell short of the anticipated -$0.09. The company also reported revenue of $94.1 million, slightly below the forecasted $95.11 million. Despite these misses, Cohu remains optimistic about future growth, emphasizing its strategic expansion into new semiconductor markets and highlighting a positive outlook for software revenue growth over the next three years. In a related development, Cohu announced the acquisition of Tignis, an AI process control software provider, as part of its strategy to enhance its technology portfolio. Analysts at Craig-Hallum have adjusted their price target for Cohu from $30.00 to $26.00, maintaining a Buy rating, following weaker-than-expected Q1 guidance due to delayed customer orders. Cohu’s equipment utilization rate in Q4 was 73%, below the typical rate of over 80%, which is needed for significant system order increases. Despite these challenges, Cohu’s substantial net cash position, amounting to $5.45 per share, was noted as a positive factor.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.