PDF Solutions, Inc. (NASDAQ:PDFS) Given Average Rating of “Buy” by Analysts

PDF Solutions, Inc. (NASDAQ:PDFS – Get Rating) has received an average recommendation of “Buy” from the seven analysts that are covering the stock, MarketBeat.com reports. Five analysts have rated the stock with a buy rating. The average 12 month price objective among brokerages that have issued a report on the stock in the last year is $32.40.

Several equities analysts have recently weighed in on PDFS shares. StockNews.com started coverage on PDF Solutions in a research note on Thursday, March 31st. They issued a “buy” rating on the stock. DA Davidson upped their price target on shares of PDF Solutions from $33.00 to $37.00 in a research report on Wednesday, February 16th. TheStreet downgraded PDF Solutions from a “c” rating to a “d+” rating in a research report on Monday. Rosenblatt Securities upped their price target on PDF Solutions from $29.00 to $33.00 and gave the stock a “buy” rating in a report on Wednesday, February 16th. Finally, Zacks Investment Research upgraded shares of PDF Solutions from a “hold” rating to a “buy” rating and set a $25.00 price objective on the stock in a research note on Wednesday.

In other PDF Solutions news, Director Shuo Zhang sold 11,017 shares of the business’s stock in a transaction on Tuesday, March 15th. The shares were sold at an average price of $25.50, for a total transaction of $280,933.50. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. 11.50% of the stock is currently owned by company insiders.

Several hedge funds and other institutional investors have recently modified their holdings of PDFS. Royal Bank of Canada raised its stake in shares of PDF Solutions by 70.8% in the 2nd quarter. Royal Bank of Canada now owns 2,044 shares of the technology company’s stock worth $37,000 after buying an additional 847 shares in the last quarter. Nisa Investment Advisors LLC raised its holdings in shares of PDF Solutions by 49.3% in the 4th quarter. Nisa Investment Advisors LLC now owns 5,150 shares of the technology company’s stock worth $153,000 after purchasing an additional 1,700 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank lifted its stake in PDF Solutions by 68.7% during the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 6,288 shares of the technology company’s stock valued at $200,000 after purchasing an additional 2,561 shares during the last quarter. Campbell & CO Investment Adviser LLC purchased a new stake in shares of PDF Solutions during the fourth quarter valued at $210,000. Finally, Panagora Asset Management Inc. boosted its holdings in shares of PDF Solutions by 3,575.2% in the third quarter. Panagora Asset Management Inc. now owns 9,923 shares of the technology company’s stock worth $229,000 after buying an additional 9,653 shares during the period. Institutional investors and hedge funds own 69.94% of the company’s stock.

PDFS opened at $23.23 on Wednesday. PDF Solutions has a 12 month low of $16.70 and a 12 month high of $33.78. The business has a 50-day moving average of $27.28 and a two-hundred day moving average of $27.61. The stock has a market capitalization of $875.93 million, a price-to-earnings ratio of -40.05 and a beta of 1.40.

PDF Solutions (NASDAQ:PDFS – Get Rating) last announced its quarterly earnings results on Tuesday, February 15th. The technology company reported ($0.19) earnings per share for the quarter, missing the Zacks’ consensus estimate of ($0.04) by ($0.15). The company had revenue of $29.89 million during the quarter, compared to analyst estimates of $30.00 million. PDF Solutions had a negative net margin of 19.35% and a negative return on equity of 8.61%. During the same quarter last year, the business earned ($0.91) EPS. Equities research analysts predict that PDF Solutions will post -0.03 EPS for the current year.

PDF Solutions Company Profile (Get Rating)

PDF Solutions, Inc provides proprietary software and physical intellectual property products for integrated circuit designs, electrical measurement hardware tools, proven methodologies, and professional services in the United States, China, Japan, Taiwan, and internationally. The company offers Exensio software products, such as Manufacturing Analytics that stores collected data in a common environment with a consistent view for enabling product engineers to identify and analyze production yield, performance, reliability, and other issues; Process Control that provides failure detection and classification capabilities for monitoring, alarming, and controlling manufacturing tool sets; Test Operations that offers data collection and analysis capabilities; and Assembly Operations that provides device manufacturers with the capability to link assembly and packaging data, including fabrication and characterization data over the product life cycle.

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