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Cohu Inc (COHU)

Common Stock · Currency in USD · XNAS

Cohu Inc is a supplier of semiconductor test and inspection handlers, micro-electro-mechanical system (MEMS) test modules, test contactors, and thermal sub-systems used by semiconductor manufacturers and test subcontractors. The company's products include Semiconductor ATE (Automated Test Equipment), Semiconductor Handlers, Interface Products such as test contactors, probe heads, and probe pins, Spares and Kits, Bare Board PCB Test Systems, and services. It has one reportable segment, Semiconductor Test and Inspection Equipment (Semiconductor Test & Inspection). Geographically, the company generates maximum revenue from the Philippines, followed by Taiwan, China, Malaysia, the United States, Singapore, and the Rest of the world.

Company Info

SIC3825
Composite FIGIBBG000DKMJ86
CIK0000021535
IPOJun 1, 1972
Sectorinstruments for meas & testing of electricity & elec signals

Highlights

Market Cap$1.51B
EPS-$0.36
P/E Ratio-91.87
Revenue$467.86M
Gross Profit$505.00M
Net Income-$16.40M
Employees2,857
WSO46,888,325
Phone858-848-8100

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Analysis

Share Price Chart

Performance Chart

The chart shows the growth of an initial investment of $10,000 in Cohu Inc, comparing it to the performance of the S&P 500 index.
All prices have been adjusted for splits and dividends.

Returns By Period

Cohu Inc (COHU) has returned 34.25% so far this year and 148.76% over the past 12 months. Looking at the last ten years, COHU has achieved an annualized return of 10.35%, underperforming the Benchmark (SPY), which averaged 12.23% per year.

COHU

1M9.96%
6M56.32%
YTD34.25%
1Y148.76%
5Y-8.46%
10Y10.35%

Benchmark (SPY)

1M-3.85%
6M-2.35%
YTD-4.36%
1Y34.06%
5Y9.80%
10Y12.23%

Monthly Returns

The table below presents the monthly returns of Cohu Inc (COHU) with color gradation from worst to best to easily spot seasonal factors.

JanFebMarAprMayJunJulAugSepOctNovDec
202619.21%7.86%4.36%2.52%
2025-14.64%-11.24%-25.93%9.29%5.37%13.18%-6.49%3.75%5.61%18.06%2.31%-2.39%
2024-8.97%0.63%3.57%-9.11%7.04%0.49%-3.06%-9.70%-2.65%-3.11%0.27%1.02%
202311.53%2.65%2.81%-10.95%13.30%8.54%5.26%-14.32%-8.26%-13.32%5.59%11.99%
2022-14.34%-6.03%-5.07%-10.63%14.14%-8.81%4.61%-5.59%-2.01%26.32%7.41%-11.14%
20215.63%5.41%-7.84%-7.34%-7.48%-3.39%-4.30%0.51%-10.51%-0.03%2.06%12.53%
2020-3.49%-9.26%-39.93%39.49%-5.34%15.52%8.09%-9.52%-4.98%25.24%28.52%32.11%
201911.51%2.05%-18.51%-1.07%-2.35%5.40%-4.71%-21.01%15.03%22.12%5.66%28.59%
20182.71%-11.65%13.82%-5.77%12.61%1.45%3.37%4.97%-4.42%-17.66%-5.77%-19.85%
2017-6.71%25.66%9.55%1.46%-3.02%-14.92%15.61%1.96%27.15%7.68%-12.83%-3.00%
2016-1.78%1.64%-7.58%-2.13%2.94%8.10%-3.95%11.26%11.47%

Performance Indicators

The charts below present risk-adjusted performance metrics for Cohu Inc (COHU) and compare them to a Benchmark (SPY). These indicators evaluate an investment's returns against its associated risks.

Sharpe ratio

-2.00-1.000.001.002.003.00SPY: 0.92COHU: 1.77

Sortino ratio

-6.00-4.00-2.000.002.004.00SPY: 1.40COHU: 2.80

Omega ratio

0.501.001.502.00SPY: 1.22COHU: 1.34

Calmar ratio

0.002.004.006.00SPY: 1.20COHU: 5.17

Martin ratio

0.001.003.00SPY: 0.42COHU: 0.80

The Sharpe ratio helps investors understand how much return they're getting for the level of risk taken. A higher Sharpe ratio indicates better risk-adjusted performance, meaning more reward for each unit of risk.

These values reflect how efficiently the investment has delivered returns relative to its volatility over different time periods. All figures are annualized and based on daily total returns.

The chart below shows the rolling Sharpe ratio of COHU compared to the benchmark. This view highlights how the investment's risk-adjusted performance has changed over time.

Volatility Chart

The current Cohu Inc volatility is 3.53%, representing the standart deviation of percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. It shows the maximum percentage drop from a peak to a trough over a specified period, indicating the risk of significant losses.
Although chart shows positive values, it represents the percentage drop from the peak, so a value of 10% means the portfolio has dropped 10% from its highest point.

Income Statement

The income statement provides a summary of a company's revenues, expenses, and profits over a specific period. It shows how much money the company earned (revenues) and how much it spent (expenses), leading to the net income or profit. This statement is crucial for understanding a company's financial performance and profitability.

202520242023202220212020201920182017201620152014201320122011
Liabilities And Equity (USD)1.24B999.42M1.15B1.23B1.26B1.09B1.08B1.13B420.46M345.51M345.35M348.82M345.42M334.87M361.61M
Equity Attributable To Parent (USD)785.54M856.89M950.17M928.84M882.50M512.29M483.07M546.24M289.09M235.47M238.14M247.07M253.16M280.90M291.03M
Equity Attributable To Noncontrolling Interest (USD)--------299.00K-------
Equity (USD)785.54M856.89M950.17M928.84M882.50M512.29M483.07M545.94M289.09M235.47M238.14M247.07M253.16M280.90M291.03M
Other Non-current Liabilities (USD)43.28M48.54M55.89M57.96M64.78M78.10M85.28M68.81M-------
Long-term Debt (USD)305.09M8.80M40.88M79.74M119.30M325.51M360.48M358.66M-------
Noncurrent Liabilities (USD)348.37M57.34M96.76M137.70M184.08M403.61M445.75M427.47M46.10M41.35M44.02M32.20M31.25M17.59M18.71M
Other Current Liabilities (USD)45.91M34.61M37.92M70.76M67.39M71.67M76.45M83.07M27.53M22.48M20.27M23.95M19.94M12.89M20.59M
Wages (USD)22.46M20.02M31.90M38.35M39.84M34.86M23.74M29.40M20.18M14.77M15.63M19.64M15.05M10.27M12.65M
Accounts Payable (USD)40.71M30.55M33.60M51.76M85.23M67.92M48.70M48.12M37.56M31.44M27.29M25.96M26.02M13.22M18.63M
Current Liabilities (USD)109.08M85.18M103.42M160.87M192.46M174.45M148.89M160.59M85.27M68.69M63.19M69.55M61.01M36.38M51.87M
Liabilities (USD)457.44M142.52M200.18M298.57M376.54M578.06M594.64M588.06M131.37M110.04M107.21M101.75M92.26M53.97M70.58M
Other Non-current Assets (USD)336.73M279.61M290.68M257.45M266.97M304.70M292.08M255.47M72.10M64.29M66.59M69.06M77.03M59.35M58.98M
Intangible Assets (USD)79.27M110.72M151.77M140.10M177.32M233.69M275.02M318.96M16.75M17.84M25.30M33.09M45.32M18.98M21.83M
Fixed Assets (USD)76.99M74.79M69.09M65.01M63.96M66.92M70.91M74.33M34.17M18.23M19.00M31.85M36.23M35.46M36.98M
Noncurrent Assets (USD)492.99M465.11M511.53M462.56M508.25M605.30M638.01M648.76M123.02M100.36M110.88M134.00M158.58M113.79M117.79M
Other Current Assets (USD)596.63M373.15M465.33M570.69M573.55M323.77M291.51M319.72M235.35M199.65M183.12M159.27M127.87M158.75M161.13M
Prepaid Expenses (USD)24.36M19.29M17.70M24.02M16.19M18.77M17.48M26.21M-------
Inventory (USD)129.01M141.86M155.79M170.14M161.05M142.50M130.71M139.31M62.09M45.50M51.35M55.55M58.98M62.33M82.69M
Current Assets (USD)749.99M534.31M638.82M764.85M750.79M485.05M439.70M485.24M297.44M245.15M234.46M214.82M186.85M221.08M243.82M
Assets (USD)1.24B999.42M1.15B1.23B1.26B1.09B1.08B1.13B420.46M345.51M345.35M348.82M345.42M334.87M361.61M

News and Insights

Why Cohu Stock Is Sinking Today

Cohu stock fell 6.86% after reporting Q4 results with revenue of $122.2 million (up 30% YoY, meeting expectations) but posting an unexpected adjusted loss of $0.15 per share versus analyst expectations of $0.06 profit. The company projects Q1 revenue roughly in line with Q4 and expects gross margins to improve to ~45%, with HBM product sales anticipated between $15-20 million for the full year.

The Motley Fool faviconThe Motley FoolKeith Noonan
Cohu Q2 Revenue Rises 3%

Semiconductor equipment provider Cohu reported Q2 2025 results exceeding Wall Street expectations, with revenue of $107.7 million and positive non-GAAP earnings. The company saw growth primarily in the mobile segment, secured a $28 million design-win order, and continues to focus on strategic acquisitions and cost management.

The Motley Fool faviconThe Motley Fool
Power Electronic Testing Market Report 2024 - Global Forecast to 2029: Electric Vehicle Boom Spurs Demand, Growth in Specialized Testing Services Amid Rising Power Electronics Applications

The global power electronics testing market is expected to grow at a CAGR of 10.2% from 2024 to 2029, driven by the surge in electric vehicle adoption and the need for reliable power electronics in various industries.

GlobeNewswire Inc. faviconGlobeNewswire Inc.Globe Newswire
Citi downgrades Cohu stock citing semiconductor market challenges - Investing.com

Citi downgraded Cohu Inc's stock from Buy to Neutral, citing challenges in the semiconductor market and the need for visible recovery signs in Cohu's key end markets such as automotive, mobile, and industrial sectors.

Investing.com faviconInvesting.comEmilio Ghigini
Cohu Stock: A Deep Dive Into Analyst Perspectives (4 Ratings)

Analysts' ratings for Cohu (NASDAQ:COHU) over the last quarter vary from bullish to bearish, as provided by 4 analysts. The table below offers a condensed view of their recent ratings, showcasing the changing sentiments over the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 3 0 1 0 0 Last 30D 1 0 0 0 0 1M Ago 1 0 1 0 0 2M Ago 0 0 0 0 0 3M Ago 1 0 0 0 0 Insights from analysts' 12-month price targets are revealed, presenting an average target of $35.0, a high estimate of $40.00, and a low estimate of $30.00. This current average represents a 9.49% decrease from the previous average price target of $38.67. Exploring Analyst Ratings: An In-Depth Overview A comprehensive examination of how financial experts perceive Cohu is derived from recent analyst actions. The following is a detailed summary of key analysts, their recent evaluations, and adjustments to ratings and price targets. Analyst Analyst Firm Action Taken Rating Current Price Target Prior Price Target Charles Shi Needham Lowers Buy $34.00 $36.00 Craig Ellis B. Riley Securities Lowers Buy $40.00 $45.00 Christian Schwab Craig-Hallum Lowers Hold $30.00 $35.00 Charles Shi Needham Maintains Buy $36.00 - Key Insights: Action Taken: Analysts adapt their recommendations to changing market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their response to recent developments related to Cohu. This information provides a snapshot of how ...Full story available on Benzinga.com

Benzinga faviconBenzingaBenzinga Insights
Cohu (COHU) Surpasses Q1 Earnings and Revenue Estimates

Cohu (COHU) delivered earnings and revenue surprises of 200% and 0.57%, respectively, for the quarter ended March 2024. Do the numbers hold clues to what lies ahead for the stock?

Zacks Investment Research faviconZacks Investment ResearchZacks Equity Research