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Cohu is a leading provider of semiconductor test and inspection equipment, with a rich history dating back to 1968.
The company has a strong track record of innovation, with a focus on developing cutting-edge technology to meet the evolving needs of the semiconductor industry.
Cohu has a diverse customer base, with a significant presence in the automotive, industrial, and consumer electronics sectors.
The company has a global presence, with operations in the Americas, Europe, and Asia.
Cohu's financials are solid, with a history of revenue growth and profitability.
Financial Performance
Cohu, Inc.'s financial performance in 2023 was quite a mixed bag. The company's revenue decreased by -21.71% compared to the previous year, dropping from $812.78 million to $636.32 million.
This significant decline in revenue is a major concern for investors. Despite the decrease, Cohu, Inc.'s earnings still managed to come in at $28.16 million, although this was a -70.93% drop from the previous year's earnings.
Here's a breakdown of Cohu, Inc.'s financial performance in 2023:
These numbers suggest that Cohu, Inc. is facing some significant challenges in terms of revenue and earnings growth. However, it's worth noting that the company's financial strength metrics, such as its cash-to-debt ratio and equity-to-asset ratio, are still relatively strong.
Financial Data
Cohu's financial performance has been a mixed bag in recent years. Revenue dropped by 21.71% in 2023 to $636.32 million, a significant decrease from the previous year's $812.78 million.
The company's earnings have also taken a hit, with a decrease of 70.93% in 2023 to $28.16 million. This substantial drop is a red flag for investors.
Here are some key financial metrics for Cohu:
Cohu's profitability has also been a concern, with a net margin of -11.35% and a return on equity (ROE) of -5.5%. These metrics suggest that the company is struggling to generate profits and return value to shareholders.
Calendar
When it comes to staying on top of financial data, having a reliable calendar can make all the difference.
The Cohu Calendar provides a clear picture of upcoming earnings reports, with estimated values and dates listed for Q4 2024, Q1 2025, Q2 2025, and Q3 2025.
For Q4 2024, Cohu is expected to release its earnings report on February 13, 2025, with an estimated value of -$0.110 USD.
In contrast, Q1 2025 is looking more promising, with an estimated earnings release value of $0.008 USD on May 13, 2025.
The calendar also highlights the importance of tracking earnings reports, which can have a significant impact on a company's stock price.
Here's a summary of the upcoming earnings reports:
Income Statement (USD)
In 2023, Cohu, Inc.'s income after tax was $28.16 million, a decrease of -70.93% compared to the previous year.
This significant decline in income after tax is a notable trend in Cohu's financial performance.
The company's income before tax was $45.82 million in 2023, a decrease of -63.84% from the previous year.
Operating income was $50.83 million in 2023, a decrease of -60.07% from the previous year.
Here's a breakdown of Cohu's income before tax change in percentage over the years:
Momentum Rank
Momentum Rank is a crucial aspect of financial data analysis. It helps investors gauge the performance of a stock over a specific period.
The 5-Day RSI is currently at 12.37, indicating a significant drop in recent days. This suggests that the stock is experiencing a decline in momentum.
The 9-Day RSI, on the other hand, is at 21.71, showing a slight improvement from the previous period. However, this is still a relatively low reading.
The 14-Day RSI is at 28.67, which is a more encouraging sign. This indicates that the stock's momentum has started to pick up over the past two weeks.
The 3-1 Month Momentum % is a key metric to watch. It's currently at 1.36, which means the stock's price has increased by 1.36% over the past three months.
The 6-1 Month Momentum % is a different story altogether. It's at -14.39%, indicating a significant decline in the stock's price over the past six months.
The 12-1 Month Momentum % is also negative, at -18.77%. This suggests that the stock's price has been falling over the past year.
Here's a summary of the momentum metrics:
GF Value Rank
The GF Value Rank is a crucial metric for investors to gauge a company's value. It's calculated using various financial ratios, including the Price-to-GF-Value, which is currently 1.15.
This ratio tells us that the market price of the company is slightly higher than its estimated intrinsic value. The Price-to-Median-PS-Value is also worth noting, standing at 1.42.
The GF Value Rank is a useful tool for identifying undervalued stocks, but it's essential to consider other factors, such as the company's financial health and industry trends. By analyzing the GF Value Rank alongside other metrics, investors can make more informed decisions.
Here's a breakdown of the GF Value Rank metrics:
The GF Value Rank is just one piece of the puzzle, and investors should always consider multiple perspectives before making a decision.
Frequently Asked Questions
Is Cohu a good stock to buy?
Cohu has a Moderate Buy rating from 5 Wall Street analysts, suggesting a neutral to positive outlook. However, the consensus may not be enough to make a definitive decision; further research is recommended.
Where is Cohu based?
Cohu is headquartered in Poway, California, with a global presence. Our global footprint spans the world, with operations in many countries.
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