PDF Solutions (NASDAQ:PDFS) Reaches New 52-Week High – What’s Next?

PDF Solutions, Inc. (NASDAQ:PDFS) shares hit a new 52-week high on Tuesday . The company traded as high as $32.70 and last traded at $32.66, with a volume of 122238 shares changing hands. The stock had previously closed at $31.87.

Analysts Set New Price Targets

Several equities research analysts have commented on the stock. Rosenblatt Securities boosted their target price on shares of PDF Solutions from $31.00 to $33.00 and gave the stock a “buy” rating in a research report on Thursday, October 30th. Weiss Ratings reiterated a “sell (d)” rating on shares of PDF Solutions in a research note on Monday, December 29th. Finally, DA Davidson boosted their price target on PDF Solutions from $34.00 to $36.00 and gave the stock a “buy” rating in a research note on Friday, December 5th. Two research analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $34.50.

PDF Solutions Trading Up 1.9%

The company has a market cap of $1.28 billion, a price-to-earnings ratio of -3,248.00 and a beta of 1.57. The company has a debt-to-equity ratio of 0.25, a current ratio of 2.21 and a quick ratio of 2.21. The business’s 50-day simple moving average is $28.31 and its 200-day simple moving average is $25.05.

PDF Solutions (NASDAQ:PDFS) last released its quarterly earnings results on Thursday, November 6th. The technology company reported $0.25 EPS for the quarter, meeting the consensus estimate of $0.25. The business had revenue of $57.12 million for the quarter, compared to analyst estimates of $56.69 million. PDF Solutions had a negative net margin of 0.03% and a positive return on equity of 4.28%. Research analysts predict that PDF Solutions, Inc. will post 0.32 earnings per share for the current fiscal year.

Institutional Trading of PDF Solutions

Hedge funds have recently bought and sold shares of the company. William Blair Investment Management LLC grew its stake 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 worth $34,843,000 after acquiring an additional 162,358 shares during the period. Wasatch Advisors LP grew its position in shares of PDF Solutions by 3.7% in the second quarter. Wasatch Advisors LP now owns 1,191,373 shares of the technology company’s stock valued at $25,472,000 after purchasing an additional 41,977 shares during the period. Ranger Investment Management L.P. increased its stake in PDF Solutions by 1.1% in the third quarter. Ranger Investment Management L.P. now owns 1,057,210 shares of the technology company’s stock valued at $27,297,000 after purchasing an additional 11,665 shares during the last quarter. Emerald Advisers LLC increased its stake in PDF Solutions by 3.2% in the second quarter. Emerald Advisers LLC now owns 954,361 shares of the technology company’s stock valued at $20,404,000 after purchasing an additional 29,583 shares during the last quarter. Finally, Samjo Management LLC lifted its position in PDF Solutions by 7.5% during the second quarter. Samjo Management LLC now owns 935,794 shares of the technology company’s stock worth $20,007,000 after buying an additional 65,620 shares during the period. Institutional investors and hedge funds own 79.51% of the company’s stock.

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.