Cohu, Inc. COHU is a semiconductor equipment manufacturer that could be an interesting play for investors. That is because, not only does the stock have decent short-term momentum, but it is seeing solid activity on the earnings estimate revision front as well.
These positive earnings estimate revisions suggest that analysts are becoming more optimistic on COHU's earnings for the coming quarter and year. In fact, consensus estimates have moved sharply higher for both of these time frames over the past four weeks, suggesting that Cohu could be a solid choice for investors.
Current Quarter Estimates for COHU
In the past 30 days, 1 estimate has gone higher for Cohu while none has gone lower in the same time period. The trend has been pretty favorable too, with estimates moving from a loss of 2 cents a share 30 days ago, to earnings of 2 cents today.
Current Year Estimates for COHU
Meanwhile, Cohu's current year figures are also looking quite promising, with 1 estimate moving higher in the past month, compared to none moving lower. The consensus estimate trend has also seen a boost for this time frame, narrowing from a loss of 13 cents per share 30 days ago to a loss of 5 cents share today, an increase of 160.0%.
Bottom Line
The stock has also started to move higher lately, adding 9.2% over the past four weeks, suggesting that investors are starting to take note of this impressive story. So investors may definitely want to consider this Zacks Rank #2 (Buy) stock to profit in the near future.
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These positive earnings estimate revisions suggest that analysts are becoming more optimistic on COHU's earnings for the coming quarter and year. In fact, consensus estimates have moved sharply higher for both of these time frames over the past four weeks, suggesting that Cohu could be a solid choice for investors.
Current Quarter Estimates for COHU
In the past 30 days, 1 estimate has gone higher for Cohu while none has gone lower in the same time period. The trend has been pretty favorable too, with estimates moving from a loss of 2 cents a share 30 days ago, to earnings of 2 cents today.
Current Year Estimates for COHU
Meanwhile, Cohu's current year figures are also looking quite promising, with 1 estimate moving higher in the past month, compared to none moving lower. The consensus estimate trend has also seen a boost for this time frame, narrowing from a loss of 13 cents per share 30 days ago to a loss of 5 cents share today, an increase of 160.0%.
Bottom Line
The stock has also started to move higher lately, adding 9.2% over the past four weeks, suggesting that investors are starting to take note of this impressive story. So investors may definitely want to consider this Zacks Rank #2 (Buy) stock to profit in the near future.
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
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