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

Shares of PDF Solutions, Inc. (NASDAQ:PDFSGet Rating) have been given an average recommendation of “Buy” by the seven brokerages that are presently covering the company, Marketbeat Ratings reports. Two analysts have rated the stock with a hold rating and three have issued a buy rating on the company. The average 12-month price objective among brokers that have issued a report on the stock in the last year is $34.25.

PDFS has been the topic of several analyst reports. StockNews.com downgraded shares of PDF Solutions from a “buy” rating to a “hold” rating in a report on Wednesday. TheStreet downgraded shares of PDF Solutions from a “c” rating to a “d+” rating in a report on Monday, April 11th. Rosenblatt Securities lifted their price objective on shares of PDF Solutions from $29.00 to $33.00 and gave the company a “buy” rating in a research report on Wednesday, February 16th. DA Davidson lifted their price objective on shares of PDF Solutions from $33.00 to $37.00 in a research report on Wednesday, February 16th. Finally, Zacks Investment Research cut shares of PDF Solutions from a “buy” rating to a “hold” rating in a research report on Wednesday, April 20th.

PDFS opened at $23.59 on Friday. PDF Solutions has a 12-month low of $16.70 and a 12-month high of $33.78. The company has a market cap of $889.58 million, a price-to-earnings ratio of -40.67 and a beta of 1.42. The company’s 50 day moving average is $25.61 and its 200 day moving average is $27.66.

PDF Solutions (NASDAQ:PDFSGet Rating) last issued its quarterly earnings results on Tuesday, February 15th. The technology company reported ($0.19) earnings per share for the quarter, missing the consensus estimate of ($0.04) by ($0.15). PDF Solutions had a negative net margin of 19.35% and a negative return on equity of 8.61%. The firm had revenue of $29.89 million for the quarter, compared to analysts’ expectations of $30.00 million. During the same period in the prior year, the firm earned ($0.91) EPS. As a group, research analysts predict that PDF Solutions will post -0.03 EPS for the current fiscal year.

In other PDF Solutions news, Director Shuo Zhang sold 11,017 shares of PDF Solutions stock in a transaction on Tuesday, March 15th. The shares were sold at an average price of $25.50, for a total value of $280,933.50. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders own 11.50% of the company’s stock.

Institutional investors have recently made changes to their positions in the company. New York State Common Retirement Fund raised its holdings in PDF Solutions by 9.8% during the 1st quarter. New York State Common Retirement Fund now owns 22,000 shares of the technology company’s stock valued at $613,000 after buying an additional 1,957 shares during the period. Russell Investments Group Ltd. raised its stake in shares of PDF Solutions by 0.9% in the first quarter. Russell Investments Group Ltd. now owns 286,020 shares of the technology company’s stock valued at $7,970,000 after acquiring an additional 2,682 shares during the period. Victory Capital Management Inc. lifted its holdings in shares of PDF Solutions by 36.9% in the 1st quarter. Victory Capital Management Inc. now owns 79,114 shares of the technology company’s stock worth $2,124,000 after acquiring an additional 21,314 shares during the last quarter. Mutual of America Capital Management LLC boosted its stake in shares of PDF Solutions by 13.9% during the 1st quarter. Mutual of America Capital Management LLC now owns 121,626 shares of the technology company’s stock worth $3,390,000 after purchasing an additional 14,835 shares during the period. Finally, Hillsdale Investment Management Inc. bought a new position in PDF Solutions during the 1st quarter valued at about $936,000. Hedge funds and other institutional investors own 76.62% of the company’s stock.

About PDF Solutions (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.

Recommended Stories

Receive News & Ratings for PDF Solutions Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for PDF Solutions and related companies with MarketBeat.com's FREE daily email newsletter.