PDF Solutions (NASDAQ:PDFS) Upgraded at Wall Street Zen

Wall Street Zen upgraded shares of PDF Solutions (NASDAQ:PDFS) from a hold rating to a buy rating in a research note published on Sunday morning.

Other analysts have also issued research reports about the company. Rosenblatt Securities reaffirmed a “buy” rating and set a $34.00 price objective on shares of PDF Solutions in a research note on Monday, February 9th. Weiss Ratings reissued a “sell (d)” rating on shares of PDF Solutions in a research note on Friday, March 27th. Finally, DA Davidson upped their target price 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. Two research analysts have rated the stock with a Buy rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $43.50.

PDF Solutions Trading Up 0.2%

Shares of PDF Solutions stock opened at $43.61 on Friday. PDF Solutions has a 1 year low of $16.96 and a 1 year high of $45.30. The company has a debt-to-equity ratio of 0.24, a current ratio of 2.28 and a quick ratio of 2.28. The business has a 50 day moving average price of $34.81 and a 200 day moving average price of $31.14. The company has a market capitalization of $1.74 billion, a P/E ratio of -2,180.50 and a beta of 1.56.

PDF Solutions (NASDAQ:PDFS) last announced its earnings results on Thursday, February 12th. The technology company reported $0.30 EPS for the quarter, beating analysts’ consensus estimates of $0.24 by $0.06. The firm had revenue of $62.40 million for the quarter, compared to analysts’ expectations of $61.95 million. PDF Solutions had a positive return on equity of 4.86% and a negative net margin of 0.29%. Sell-side analysts anticipate that PDF Solutions will post 0.53 EPS for the current fiscal year.

Institutional Investors Weigh In On PDF Solutions

Hedge funds and other institutional investors have recently made changes to their positions in the business. Amalgamated Bank lifted its stake in shares of PDF Solutions by 4.0% in the third quarter. Amalgamated Bank now owns 9,237 shares of the technology company’s stock worth $238,000 after acquiring an additional 359 shares in the last quarter. UMB Bank n.a. grew its stake in 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 purchasing an additional 553 shares in the last quarter. Hantz Financial Services Inc. grew its stake in 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 purchasing an additional 615 shares in the last quarter. State of Wyoming increased its holdings in PDF Solutions by 4.5% during the 2nd quarter. State of Wyoming now owns 15,447 shares of the technology company’s stock worth $330,000 after purchasing an additional 668 shares during the last quarter. Finally, LPL Financial LLC increased its holdings in PDF Solutions by 7.6% during the 4th quarter. LPL Financial LLC now owns 10,399 shares of the technology company’s stock worth $297,000 after purchasing an additional 734 shares during the last quarter. 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.