Alert: Negative Investment/Fundamental Signals (6/10/24)-Cohu Inc (NASDAQ: COHU)

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Cohu Inc (NASDAQ: COHU) has recently experienced important negative changes in fundamentals: significant quarterly sales deceleration occurred, the consensus estimate for December, 2024 decreased significantly, and the consensus estimate for December, 2025 decreased significantly.

Recent meaningful negative changes in investment behavior have impacted Cohu Inc (NASDAQ: COHU): its shorter term price trend turned down.

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

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Current PriceTarget Research Rating

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

Cohu has a current Value Trend Rating of F (Lowest Rating). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing consistent signals. Cohu has a slightly negative Appreciation Score of 35 and a poor Power Rating of 25, resulting in the Lowest Value Trend Rating.

Recent Price Action

Cohu Inc (NASDAQ: COHU) stock closed at $30.83 on 6/10/24 after a modest decline of -1.4%. Trading volume in this decline was normal. The stock has declined -4.4% during the last week and has been weak relative to the market over the last nine months.

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