PDF Solutions (NASDAQ:PDFS) Upgraded at Wall Street Zen

PDF Solutions (NASDAQ:PDFS) was upgraded by Wall Street Zen from a “hold” rating to a “buy” rating in a research note issued to investors on Saturday.

A number of other analysts have also weighed in on the stock. DA Davidson raised their price objective on shares of PDF Solutions from $38.00 to $40.00 and gave the company a “buy” rating in a research note on Friday. Rosenblatt Securities reissued a “buy” rating and set a $34.00 price target on shares of PDF Solutions in a research report on Monday, February 9th. Finally, Weiss Ratings reaffirmed a “sell (d)” rating on shares of PDF Solutions in a research report on Monday, December 29th. Two equities research analysts have rated the stock with a Buy rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $37.00.

PDF Solutions Stock Down 0.5%

Shares of NASDAQ:PDFS opened at $33.78 on Friday. The company has a current ratio of 2.28, a quick ratio of 2.21 and a debt-to-equity ratio of 0.24. The stock has a fifty day simple moving average of $31.92 and a two-hundred day simple moving average of $27.40. PDF Solutions has a 12-month low of $15.91 and a 12-month high of $36.99. The stock has a market capitalization of $1.35 billion, a price-to-earnings ratio of -1,689.00 and a beta of 1.55.

PDF Solutions (NASDAQ:PDFS) last issued its quarterly earnings results on Thursday, February 12th. The technology company reported $0.30 earnings per share for the quarter, beating the consensus estimate of $0.24 by $0.06. The firm had revenue of $62.40 million during the quarter, compared to the consensus estimate of $61.95 million. PDF Solutions had a positive return on equity of 4.86% and a negative net margin of 0.29%. On average, research analysts anticipate that PDF Solutions will post 0.32 earnings per share for the current fiscal year.

Institutional Investors Weigh In On PDF Solutions

A number of hedge funds have recently added to or reduced their stakes in PDFS. UMB Bank n.a. boosted its stake in shares of PDF Solutions by 138.9% in the 3rd quarter. UMB Bank n.a. now owns 951 shares of the technology company’s stock worth $25,000 after buying an additional 553 shares during the last quarter. Hantz Financial Services Inc. lifted its holdings in PDF Solutions by 122.8% in the fourth quarter. Hantz Financial Services Inc. now owns 1,116 shares of the technology company’s stock valued at $32,000 after acquiring an additional 615 shares during the period. CWM LLC boosted its position in PDF Solutions by 94.4% in the second quarter. CWM LLC now owns 1,835 shares of the technology company’s stock worth $39,000 after purchasing an additional 891 shares during the last quarter. Kestra Advisory Services LLC bought a new stake in shares of PDF Solutions during the 4th quarter valued at about $82,000. Finally, Johnson Financial Group Inc. purchased a new stake in shares of PDF Solutions during the 3rd quarter valued at about $83,000. 79.51% of the stock is currently owned by hedge funds and other institutional investors.

About PDF Solutions

PDF Solutions, Inc, headquartered in Santa Clara, California, is a technology company that provides data-driven solutions for the semiconductor manufacturing industry. Founded in 1991, the company specializes in software and services designed to improve yield, productivity and profitability for semiconductor fabricators. Over its history, PDF Solutions has positioned itself as a partner to foundries, integrated device manufacturers (IDMs), assembly and test operations, offering tailored data analytics and engineering expertise.

The company’s flagship offering, the Exensio platform, aggregates and analyzes data from process equipment, metrology and inspection systems to identify yield-limiting defects and process excursions.