Wall Street Zen Upgrades PDF Solutions (NASDAQ:PDFS) to “Buy”

PDF Solutions (NASDAQ:PDFS) was upgraded by equities researchers at Wall Street Zen from a “hold” rating to a “buy” rating in a research note issued on Saturday.

A number of other equities research analysts have also recently commented on the stock. Weiss Ratings restated a “sell (d)” rating on shares of PDF Solutions in a research note on Monday, December 29th. DA Davidson raised their price objective on shares of PDF Solutions from $38.00 to $40.00 and gave the company a “buy” rating in a research report on Friday. Finally, Rosenblatt Securities reaffirmed a “buy” rating and issued a $34.00 target price on shares of PDF Solutions in a report on Monday, February 9th. Two analysts have rated the stock with a Buy rating and one has given a Sell rating to the company. According to MarketBeat.com, PDF Solutions has an average rating of “Hold” and a consensus price target of $37.00.

PDF Solutions Price Performance

Shares of PDF Solutions stock opened at $33.78 on Friday. The stock has a market cap of $1.35 billion, a P/E ratio of -1,689.00 and a beta of 1.55. The company has a debt-to-equity ratio of 0.24, a quick ratio of 2.21 and a current ratio of 2.28. The stock’s fifty day moving average is $31.92 and its 200 day moving average is $27.40. PDF Solutions has a one year low of $15.91 and a one year high of $36.99.

PDF Solutions (NASDAQ:PDFS) last issued its quarterly earnings results on Thursday, February 12th. The technology company reported $0.30 EPS for the quarter, topping analysts’ consensus estimates of $0.24 by $0.06. PDF Solutions had a positive return on equity of 4.86% and a negative net margin of 0.29%.The business had revenue of $62.40 million during the quarter, compared to analysts’ expectations of $61.95 million. Sell-side analysts anticipate that PDF Solutions will post 0.32 earnings per share for the current year.

Institutional Trading of PDF Solutions

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Ophir Asset Management Pty Ltd purchased a new stake in PDF Solutions in the 4th quarter worth $20,631,000. ArrowMark Colorado Holdings LLC increased its holdings in shares of PDF Solutions by 595.1% in the third quarter. ArrowMark Colorado Holdings LLC now owns 451,788 shares of the technology company’s stock worth $11,665,000 after purchasing an additional 386,788 shares during the last quarter. Pillsbury Lake Capital LLC purchased a new stake in shares of PDF Solutions in the fourth quarter worth about $10,729,000. Cannell Capital LLC bought a new position in PDF Solutions during the third quarter valued at approximately $8,709,000. Finally, Roubaix Capital LLC bought a new position in PDF Solutions during the third quarter valued at approximately $5,328,000. 79.51% of the stock is currently owned by institutional investors.

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.