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

PDF Solutions, Inc. (NASDAQ:PDFS) hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $41.03 and last traded at $40.66, with a volume of 384246 shares traded. The stock had previously closed at $38.83.

Wall Street Analysts Forecast Growth

Several analysts have recently weighed in on the stock. Weiss Ratings reaffirmed a “sell (d)” rating on shares of PDF Solutions in a research note on Friday, March 27th. Wall Street Zen lowered shares of PDF Solutions from a “buy” rating to a “hold” rating in a report on Saturday, April 11th. Rosenblatt Securities reaffirmed a “buy” rating and issued a $34.00 price target on shares of PDF Solutions in a report on Monday, February 9th. Finally, DA Davidson lifted their price target 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. Two investment analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, PDF Solutions presently has an average rating of “Hold” and an average price target of $37.00.

PDF Solutions Stock Up 1.3%

The company has a market capitalization of $1.67 billion, a price-to-earnings ratio of -2,094.00 and a beta of 1.56. The business’s 50-day moving average is $33.70 and its 200-day moving average is $30.62. The company has a quick ratio of 2.28, a current ratio of 2.28 and a debt-to-equity ratio of 0.24.

PDF Solutions (NASDAQ:PDFS) last posted its earnings results on Thursday, February 12th. The technology company reported $0.30 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.24 by $0.06. The company had revenue of $62.40 million during 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%. As a group, equities analysts predict that PDF Solutions, Inc. will post 0.32 earnings per share for the current year.

Institutional Trading of PDF Solutions

Several large investors have recently bought and sold shares of PDFS. UMB Bank n.a. grew 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 valued at $25,000 after buying an additional 553 shares during the period. Hantz Financial Services Inc. grew its stake in shares of PDF Solutions by 122.8% in the 4th quarter. Hantz Financial Services Inc. now owns 1,116 shares of the technology company’s stock valued at $32,000 after buying an additional 615 shares during the period. Tower Research Capital LLC TRC grew its stake in shares of PDF Solutions by 257.1% in the 2nd quarter. Tower Research Capital LLC TRC now owns 3,392 shares of the technology company’s stock valued at $73,000 after buying an additional 2,442 shares during the period. Kestra Advisory Services LLC purchased a new stake in shares of PDF Solutions in the 4th quarter valued at approximately $82,000. Finally, Johnson Financial Group Inc. purchased a new stake in shares of PDF Solutions in the 3rd quarter valued at approximately $83,000. Hedge funds and other institutional investors 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.