COHU Stock Summary and Trading Ideas (Cohu | NASDAQ:COHU)

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).

Cohu trades on the NASDAQ stock market under the symbol COHU.

As of April 19, 2024, COHU stock price declined to $28.87 with 121,264 million shares trading.

COHU has a beta of 1.65, meaning it tends to be more sensitive to market movements. COHU has a correlation of 0.40 to the broad based SPY ETF.

COHU has a market cap of $1.36 billion. This is considered a Small Cap stock.

Last quarter Cohu reported $137 million in Revenue and $.23 earnings per share. This beat revenue expectation by $396,000 and met earnings estimates .

In the last 3 years, COHU stock traded as high as $48.63 and as low as $24.06.

The top ETF exchange traded funds that COHU belongs to (by Net Assets): IJR, VTI, VGT, IWM, VXF.

COHU has underperformed the market in the last year with a price return of -18.1% while the SPY ETF gained +21.1%. COHU has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -13.5% and -8.7%, respectively, while the SPY returned +4.2% and -3.5%, respectively.

COHU support price is $28.60 and resistance is $29.88 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that COHU stock will trade within this expected range on the day.