Cohu (NASDAQ: COHU) is gearing up to announce its latest quarterly earnings report on Thursday, 2024-10-31. Investors are eagerly anticipating the news and hoping for a positive outcome that exceeds the estimated earnings per share (EPS) of $-0.07.
It’s important to keep in mind that stock prices can be heavily influenced by future projections rather than just looking at past performance. Last quarter, Cohu managed to beat the EPS estimate by $0.01, but this was followed by a 12.46% drop in the share price the next day.
Analysts have given Cohu a consensus rating of Buy, with an average one-year price target of $33.0, suggesting a potential upside of 24.29%. When compared to its peers like ACM Research and PDF Solutions, Cohu seems to be lagging behind in terms of revenue growth, gross profit, and return on equity.
Cohu specializes in semiconductor test and inspection handlers, MEMS test modules, test contactors, and thermal sub-systems used by semiconductor manufacturers and test subcontractors. The company’s products are crucial for the semiconductor industry, but its financial health indicators show some challenges.
Market capitalization, revenue growth, net margin, return on equity, and return on assets are all areas where Cohu is facing difficulties. The company’s performance seems weaker compared to its peers, and investors should keep a close eye on the earnings report to see if there are any signs of improvement.
For more information on Cohu’s earnings releases, investors can visit their earnings calendar on the company’s website. Remember, this article is for informational purposes only and does not provide investment advice.