Alert: Negative Fundamental Signals (11/10/23)-Cohu Inc (NASDAQ: COHU)


Recent extremely meaningful negative changes in fundamentals have impacted Cohu Inc (NASDAQ: COHU): the stock’s power rating fell below 50, significant quarterly sales deceleration occurred, the consensus estimate for December, 2023 decreased significantly, and the consensus estimate for December, 2024 decreased significantly.

In light of these highly negative signals we are reviewing our current Overall Rating of C. We would view the shares with caution pending completion of this review in the next several days.


Current PriceTarget Research Rating

COHU is expected to continue to be a modest Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.

Cohu has a current Value Trend Rating of C (Low Neutral). The Value Trend Rating reflects highly consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Cohu has a neutral Power Rating of 47 and a neutral Appreciation Score of 44, and the Low Neutral Value Trend Rating results.

Recent Price Action

Cohu Inc (NASDAQ: COHU) stock enjoyed a large increase of 3.1% on 11/10/23. The stock closed at $31.20. The stock has performed in line with the market over the last nine months and is unchanged during the last week.

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