Cohu, Inc [COHU] stock Upgrade by Craig Hallum analyst, price target now $30

Cohu, Inc [NASDAQ: COHU] price plunged by -3.05 percent to reach at -$0.83.

The one-year COHU stock forecast points to a potential upside of 15.4. The average equity rating for COHU stock is currently 1.67, trading closer to a bullish pattern in the stock market.

Guru’s Opinion on Cohu, Inc [COHU]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for COHU shares is $31.17 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on COHU stock is a recommendation set at 1.67. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

Craig Hallum have made an estimate for Cohu, Inc shares, keeping their opinion on the stock as Buy, with their previous recommendation back on November 01, 2024. While these analysts kept the previous recommendation, TD Cowen dropped their target price from $36 to $30. The new note on the price target was released on November 01, 2024, representing the official price target for Cohu, Inc stock. Previously, the target price had yet another raise to $36, while Citigroup analysts kept a Neutral rating on COHU stock. On May 03, 2024, analysts decreased their price target for COHU shares from 40 to 36.

The Average True Range (ATR) for Cohu, Inc is set at 1.15, with the Price to Sales ratio for COHU stock in the period of the last 12 months amounting to 2.76. The Price to Book ratio for the last quarter was 1.48, with the Price to Cash per share for the same quarter was set at 5.78.

COHU Stock Performance Analysis:

Cohu, Inc [COHU] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -1.24. With this latest performance, COHU shares dropped by -0.64% in over the last four-week period, additionally sinking by -25.78% over the last 6 months – not to mention a drop of -21.98% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for COHU stock in for the last two-week period is set at 47.63, with the RSI for the last a single of trading hit 45.33, and the three-weeks RSI is set at 48.81 for Cohu, Inc [COHU]. The present Moving Average for the last 50 days of trading for this stock 26.67, while it was recorded at 26.86 for the last single week of trading, and 28.43 for the last 200 days.

Insight into Cohu, Inc Fundamentals:

Cohu, Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 4.69 and a Current Ratio set at 6.38.

COHU Stock EPS

The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for COHU. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Cohu, Inc go to 20.00%.

Cohu, Inc [COHU] Institutonal Ownership Details

There are presently around $93.57%, or 96.17%% of COHU stock, in the hands of institutional investors. The top three institutional holders of COHU stocks are: BLACKROCK INC. with ownership of 7.25 million shares, which is approximately 15.3787%. VANGUARD GROUP INC, holding 4.36 million shares of the stock with an approximate value of $$144.15 million in COHU stocks shares; and VANGUARD GROUP INC, currently with $$104.64 million in COHU stock with ownership which is approximately 6.7071%.