PDF Solutions (NASDAQ:PDFS) Downgraded to “Hold” Rating by Wall Street Zen

Wall Street Zen cut shares of PDF Solutions (NASDAQ:PDFS) from a buy rating to a hold rating in a research report released on Saturday morning.

A number of other analysts have also issued reports on PDFS. Weiss Ratings reiterated a “sell (d)” rating on shares of PDF Solutions in a research note on Friday, March 27th. DA Davidson lifted their price objective on shares of PDF Solutions from $40.00 to $48.00 and gave the company a “buy” rating in a research note on Wednesday. Finally, Rosenblatt Securities lifted their price objective on shares of PDF Solutions from $37.00 to $47.00 and gave the company a “buy” rating in a research note on Monday, April 20th. Two investment analysts have rated the stock with a Buy rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, PDF Solutions has an average rating of “Hold” and a consensus price target of $47.50.

PDF Solutions Trading Up 4.0%

PDFS opened at $44.55 on Friday. The firm has a market capitalization of $1.78 billion, a P/E ratio of -2,227.50 and a beta of 1.70. The firm’s 50 day moving average is $36.15 and its 200-day moving average is $31.91. PDF Solutions has a 52-week low of $17.35 and a 52-week high of $50.45. 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 quarterly earnings data 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 for the quarter, compared to analyst estimates of $61.95 million. PDF Solutions had a negative net margin of 0.29% and a positive return on equity of 4.86%. Analysts expect that PDF Solutions will post 0.54 EPS for the current fiscal year.

Institutional Trading of PDF Solutions

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. William Blair Investment Management LLC increased its stake in shares of PDF Solutions by 0.7% in the fourth quarter. William Blair Investment Management LLC now owns 1,358,481 shares of the technology company’s stock worth $38,757,000 after buying an additional 9,040 shares during the last quarter. Wasatch Advisors LP increased its stake 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 worth $25,472,000 after buying an additional 41,977 shares during the last quarter. State Street Corp increased its stake in shares of PDF Solutions by 0.5% in the fourth quarter. State Street Corp now owns 1,151,576 shares of the technology company’s stock worth $32,854,000 after buying an additional 5,619 shares during the last quarter. Samjo Management LLC increased its stake in shares of PDF Solutions by 2.7% in the fourth quarter. Samjo Management LLC now owns 1,151,019 shares of the technology company’s stock worth $32,839,000 after buying an additional 30,300 shares during the last quarter. Finally, Ranger Investment Management L.P. increased its stake in shares of 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 worth $27,297,000 after buying an additional 11,665 shares during the last quarter. 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.