PDF Solutions (NASDAQ:PDFS) Shares Gap Up – Still a Buy?

PDF Solutions, Inc. (NASDAQ:PDFS) gapped up before the market opened on Friday . The stock had previously closed at $43.86, but opened at $50.12. PDF Solutions shares last traded at $45.2480, with a volume of 191,262 shares changing hands.

Analyst Ratings Changes

PDFS has been the subject of a number of analyst reports. DA Davidson boosted their price objective on shares of PDF Solutions from $38.00 to $40.00 and gave the company 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, April 19th. Weiss Ratings restated a “sell (d)” rating on shares of PDF Solutions in a report on Friday, March 27th. Finally, Rosenblatt Securities raised their target price on shares of PDF Solutions from $37.00 to $47.00 and gave the stock a “buy” rating in a report on Monday, April 20th. Two investment analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the company. According to MarketBeat.com, PDF Solutions currently has an average rating of “Hold” and a consensus price target of $43.50.

PDF Solutions Stock Up 6.0%

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 stock has a market capitalization of $1.85 billion, a price-to-earnings ratio of -2,324.50 and a beta of 1.56. The firm’s fifty day simple moving average is $35.53 and its 200 day simple moving average is $31.49.

PDF Solutions (NASDAQ:PDFS) last announced its 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. The firm had revenue of $62.40 million for the quarter, compared to the consensus estimate of $61.95 million. PDF Solutions had a negative net margin of 0.29% and a positive return on equity of 4.86%. On average, sell-side analysts forecast that PDF Solutions, Inc. will post 0.53 earnings per share for the current year.

Institutional Trading of PDF Solutions

Hedge funds have recently bought and sold shares of the stock. UMB Bank n.a. raised its holdings in shares of PDF Solutions by 138.9% in the third quarter. UMB Bank n.a. now owns 951 shares of the technology company’s stock valued at $25,000 after purchasing an additional 553 shares during the last quarter. Hantz Financial Services Inc. boosted its holdings in PDF Solutions by 122.8% during the fourth quarter. Hantz Financial Services Inc. now owns 1,116 shares of the technology company’s stock worth $32,000 after purchasing an additional 615 shares during the last quarter. Tower Research Capital LLC TRC grew its position in PDF Solutions by 257.1% in the second quarter. Tower Research Capital LLC TRC now owns 3,392 shares of the technology company’s stock valued at $73,000 after purchasing an additional 2,442 shares in the last quarter. Kestra Advisory Services LLC bought a new position in PDF Solutions in the fourth quarter valued at $82,000. Finally, Johnson Financial Group Inc. bought a new position in PDF Solutions in the third quarter valued at $83,000. 79.51% of the stock is currently owned by institutional investors and hedge funds.

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.