PDF Solutions (NASDAQ:PDFS) Price Target Raised to $47.00 at Rosenblatt Securities

PDF Solutions (NASDAQ:PDFS) had its price target raised by Rosenblatt Securities from $37.00 to $47.00 in a research note released on Monday,Benzinga reports. They currently have a buy rating on the technology company’s stock.

Other equities research analysts have also recently issued research reports about the stock. Weiss Ratings reaffirmed a “sell (d)” rating on shares of PDF Solutions in a research note on Friday, March 27th. DA Davidson upped their target price on shares of PDF Solutions from $38.00 to $40.00 and gave the stock a “buy” rating in a report on Friday, February 27th. Finally, Wall Street Zen raised shares of PDF Solutions from a “hold” rating to a “buy” rating in a report on Sunday. Two analysts have rated the stock with a Buy rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $43.50.

PDF Solutions Price Performance

Shares of NASDAQ PDFS opened at $43.54 on Monday. The firm has a market cap of $1.74 billion, a PE ratio of -2,177.00 and a beta of 1.56. The firm has a fifty day moving average of $34.55 and a 200 day moving average of $31.01. The company has a debt-to-equity ratio of 0.24, a quick ratio of 2.28 and a current ratio of 2.28. PDF Solutions has a one year low of $16.62 and a one year high of $45.30.

PDF Solutions (NASDAQ:PDFS) last issued its quarterly earnings results on Thursday, February 12th. The technology company reported $0.30 EPS for the quarter, topping the consensus estimate of $0.24 by $0.06. PDF Solutions had a negative net margin of 0.29% and a positive return on equity of 4.86%. The company had revenue of $62.40 million during the quarter, compared to analyst estimates of $61.95 million. As a group, research analysts predict that PDF Solutions will post 0.53 EPS for the current fiscal year.

Hedge Funds Weigh In On PDF Solutions

A number of institutional investors have recently added to or reduced their stakes in the stock. GSA Capital Partners LLP purchased a new stake in PDF Solutions in the 3rd quarter valued at $1,733,000. William Blair Investment Management LLC grew its holdings in PDF Solutions by 13.7% in the 3rd quarter. William Blair Investment Management LLC now owns 1,349,441 shares of the technology company’s stock valued at $34,843,000 after buying an additional 162,358 shares in the last quarter. ArrowMark Colorado Holdings LLC grew its holdings in PDF Solutions by 595.1% in the 3rd quarter. ArrowMark Colorado Holdings LLC now owns 451,788 shares of the technology company’s stock valued at $11,665,000 after buying an additional 386,788 shares in the last quarter. Rice Hall James & Associates LLC grew its holdings in PDF Solutions by 74.8% in the 3rd quarter. Rice Hall James & Associates LLC now owns 160,263 shares of the technology company’s stock valued at $4,138,000 after buying an additional 68,574 shares in the last quarter. Finally, Cannell Capital LLC purchased a new stake in PDF Solutions in the 3rd quarter valued at $8,709,000. Hedge funds and other institutional investors own 79.51% of the company’s stock.

PDF Solutions Company Profile

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.