PDF Solutions (NASDAQ:PDFS) Sets New 1-Year High After Analyst Upgrade

PDF Solutions, Inc. (NASDAQ:PDFS)’s stock price reached a new 52-week high during mid-day trading on Monday after Rosenblatt Securities raised their price target on the stock from $37.00 to $47.00. Rosenblatt Securities currently has a buy rating on the stock. PDF Solutions traded as high as $45.00 and last traded at $44.8350, with a volume of 45800 shares traded. The stock had previously closed at $43.97.

PDFS has been the topic of several other research reports. DA Davidson boosted their price objective 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. Wall Street Zen upgraded shares of PDF Solutions from a “hold” rating to a “buy” rating in a report on Sunday. Finally, Weiss Ratings restated a “sell (d)” rating on shares of PDF Solutions in a report on Friday, March 27th. Two analysts have rated the stock with a Buy rating and one has given a Sell rating to the stock. According to MarketBeat, the company has an average rating of “Hold” and a consensus target price of $43.50.

Institutional Trading of PDF Solutions

Institutional investors have recently made changes to their positions in the business. UMB Bank n.a. boosted its position in shares of PDF Solutions by 138.9% during the 3rd quarter. UMB Bank n.a. now owns 951 shares of the technology company’s stock valued at $25,000 after acquiring an additional 553 shares in the last quarter. Hantz Financial Services Inc. boosted its position in shares of PDF Solutions by 122.8% during the 4th 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 in the last quarter. Kestra Advisory Services LLC acquired a new stake in shares of PDF Solutions during the 4th quarter valued at about $82,000. Johnson Financial Group Inc. acquired a new stake in shares of PDF Solutions during the 3rd quarter valued at about $83,000. Finally, Tower Research Capital LLC TRC boosted its position in shares of PDF Solutions by 257.1% during the 2nd quarter. Tower Research Capital LLC TRC now owns 3,392 shares of the technology company’s stock valued at $73,000 after acquiring an additional 2,442 shares in the last quarter. 79.51% of the stock is currently owned by institutional investors and hedge funds.

PDF Solutions Stock Performance

The company has a debt-to-equity ratio of 0.24, a quick ratio of 2.28 and a current ratio of 2.28. The firm’s 50-day moving average price is $34.55 and its two-hundred day moving average price is $31.01. The firm has a market capitalization of $1.74 billion, a price-to-earnings ratio of -2,177.00 and a beta of 1.56.

PDF Solutions (NASDAQ:PDFS) last issued its 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. PDF Solutions had a negative net margin of 0.29% and a positive return on equity of 4.86%. The business had revenue of $62.40 million for the quarter, compared to analyst estimates of $61.95 million. Sell-side analysts predict that PDF Solutions, Inc. will post 0.53 earnings per share for the current year.

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.