PDF Solutions (PDFS) Set to Announce Earnings on Wednesday

PDF Solutions (NASDAQ:PDFS) is scheduled to be posting its quarterly earnings results after the market closes on Wednesday, November 8th. Analysts expect PDF Solutions to post earnings of $0.15 per share for the quarter. Investors interested in listening to the company’s conference call can do so using this link.

PDF Solutions (NASDAQ:PDFS) last released its earnings results on Tuesday, August 8th. The technology company reported $0.17 earnings per share for the quarter, topping analysts’ consensus estimates of $0.04 by $0.13. The company had revenue of $41.60 million during the quarter, compared to the consensus estimate of $41.50 million. PDF Solutions had a return on equity of 7.06% and a net margin of 5.57%. On average, analysts expect PDF Solutions to post $0 EPS for the current fiscal year and $1 EPS for the next fiscal year.

PDF Solutions Stock Up 1.7 %

PDFS stock opened at $27.47 on Monday. The company has a market cap of $1.05 billion, a P/E ratio of 119.43 and a beta of 1.52. PDF Solutions has a twelve month low of $22.70 and a twelve month high of $48.02. The business has a fifty day moving average of $31.49 and a 200-day moving average of $37.71.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently commented on the company. DA Davidson reaffirmed a “buy” rating on shares of PDF Solutions in a research note on Wednesday, August 30th. StockNews.com assumed coverage on PDF Solutions in a research note on Thursday, October 5th. They set a “buy” rating for the company. Finally, Rosenblatt Securities reaffirmed a “buy” rating and set a $44.00 price objective on shares of PDF Solutions in a research note on Friday, August 25th.

Insider Buying and Selling at PDF Solutions

In other PDF Solutions news, Director Shuo Zhang sold 3,047 shares of the business’s stock in a transaction dated Friday, August 18th. The stock was sold at an average price of $33.75, for a total value of $102,836.25. Following the completion of the transaction, the director now directly owns 15,881 shares of the company’s stock, valued at $535,983.75. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Insiders own 11.21% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. JPMorgan Chase & Co. boosted its position in shares of PDF Solutions by 2.7% during the first quarter. JPMorgan Chase & Co. now owns 58,669 shares of the technology company’s stock worth $1,635,000 after buying an additional 1,537 shares during the period. Citigroup Inc. boosted its position in shares of PDF Solutions by 11.8% during the first quarter. Citigroup Inc. now owns 25,899 shares of the technology company’s stock worth $722,000 after buying an additional 2,734 shares during the period. MetLife Investment Management LLC boosted its position in shares of PDF Solutions by 46.5% during the first quarter. MetLife Investment Management LLC now owns 16,623 shares of the technology company’s stock worth $463,000 after buying an additional 5,276 shares during the period. Commonwealth of Pennsylvania Public School Empls Retrmt SYS boosted its position in shares of PDF Solutions by 14.1% during the first quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 25,756 shares of the technology company’s stock worth $718,000 after buying an additional 3,176 shares during the period. Finally, Dimensional Fund Advisors LP boosted its position in shares of PDF Solutions by 1.4% during the first quarter. Dimensional Fund Advisors LP now owns 1,028,982 shares of the technology company’s stock worth $28,679,000 after buying an additional 14,417 shares during the period. 72.54% of the stock is owned by institutional investors and hedge funds.

About PDF Solutions

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, and internationally. The company offers Exensio software products, such as Manufacturing Analytics that store 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 offer data collection and analysis capabilities; and Assembly Operations that provide device manufacturers with the capability to link assembly and packaging data, including fabrication and characterization data over the product life cycle.