Equities research analysts predict that PDF Solutions, Inc. (NASDAQ:PDFS) will post sales of $26.51 million for the current quarter, Zacks Investment Research reports. Three analysts have made estimates for PDF Solutions’ earnings, with the highest sales estimate coming in at $26.52 million and the lowest estimate coming in at $26.50 million. PDF Solutions posted sales of $28.43 million during the same quarter last year, which would indicate a negative year over year growth rate of 6.8%. The firm is expected to report its next quarterly earnings report on Monday, February 12th.

On average, analysts expect that PDF Solutions will report full year sales of $26.51 million for the current fiscal year, with estimates ranging from $101.60 million to $101.61 million. For the next year, analysts forecast that the firm will post sales of $115.74 million per share, with estimates ranging from $111.10 million to $120.00 million. Zacks’ sales calculations are a mean average based on a survey of sell-side research analysts that that provide coverage for PDF Solutions.

PDF Solutions (NASDAQ:PDFS) last announced its earnings results on Thursday, October 26th. The technology company reported $0.11 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.12 by ($0.01). The business had revenue of $26.50 million for the quarter, compared to analysts’ expectations of $26.67 million. PDF Solutions had a net margin of 4.08% and a return on equity of 2.10%. The firm’s quarterly revenue was down 2.9% on a year-over-year basis. During the same quarter last year, the firm earned $0.17 EPS.

Several research firms have recently issued reports on PDFS. ValuEngine raised shares of PDF Solutions from a “sell” rating to a “hold” rating in a research note on Saturday, November 25th. Zacks Investment Research upgraded shares of PDF Solutions from a “sell” rating to a “hold” rating in a report on Tuesday, October 3rd. Northland Securities upgraded shares of PDF Solutions from a “market perform” rating to an “outperform” rating and set a $22.00 price target for the company in a report on Tuesday, October 3rd. Finally, BidaskClub downgraded shares of PDF Solutions from a “hold” rating to a “sell” rating in a report on Wednesday. Two equities research analysts have rated the stock with a sell rating, two have issued a hold rating and one has given a buy rating to the company’s stock. The company has an average rating of “Hold” and a consensus target price of $20.00.

Hedge funds and other institutional investors have recently bought and sold shares of the business. FMR LLC boosted its holdings in PDF Solutions by 154.7% during the second quarter. FMR LLC now owns 1,648,594 shares of the technology company’s stock worth $27,119,000 after buying an additional 1,001,408 shares in the last quarter. Divisar Capital Management LLC lifted its holdings in shares of PDF Solutions by 97.9% in the second quarter. Divisar Capital Management LLC now owns 821,968 shares of the technology company’s stock valued at $13,521,000 after purchasing an additional 406,621 shares in the last quarter. Cowen Prime Services LLC lifted its stake in shares of PDF Solutions by 15.9% during the third quarter. Cowen Prime Services LLC now owns 1,295,900 shares of the technology company’s stock valued at $20,073,000 after buying an additional 177,717 shares during the period. Bamco Inc. NY purchased a new position in shares of PDF Solutions during the third quarter valued at approximately $2,564,000. Finally, State of Wisconsin Investment Board lifted its stake in shares of PDF Solutions by 266.2% during the second quarter. State of Wisconsin Investment Board now owns 227,478 shares of the technology company’s stock valued at $3,742,000 after buying an additional 165,357 shares during the period. Institutional investors own 86.23% of the company’s stock.

PDF Solutions (NASDAQ:PDFS) opened at $15.70 on Friday. The stock has a market capitalization of $507.33, a price-to-earnings ratio of 120.77, a PEG ratio of 24.41 and a beta of 1.47. PDF Solutions has a 12-month low of $14.11 and a 12-month high of $23.93.

COPYRIGHT VIOLATION WARNING: “$26.51 Million in Sales Expected for PDF Solutions, Inc. (PDFS) This Quarter” was first published by American Banking News and is the property of of American Banking News. If you are accessing this article on another site, it was illegally stolen and reposted in violation of United States and international copyright & trademark legislation. The correct version of this article can be accessed at https://www.americanbankingnews.com/2017/12/30/26-51-million-in-sales-expected-for-pdf-solutions-inc-pdfs-this-quarter.html.

About PDF Solutions

PDF Solutions, Inc is a provider of infrastructure technologies and services for integrated circuits (IC). The Company’s technologies and services focus on the IC manufacturing process life cycle. It operates in the segment of licensing and implementation of yield improvement solutions for integrated circuit manufacturers.

Get a free copy of the Zacks research report on PDF Solutions (PDFS)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Earnings History and Estimates for PDF Solutions (NASDAQ:PDFS)

Receive News & Ratings for PDF Solutions Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for PDF Solutions and related companies with MarketBeat.com's FREE daily email newsletter.