Wall Street Zen Downgrades PDF Solutions (NASDAQ:PDFS) to Hold

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

Several other analysts have also recently issued reports on PDFS. Rosenblatt Securities reaffirmed a “buy” rating and set a $52.00 target price on shares of PDF Solutions in a research report on Tuesday, May 19th. DA Davidson restated a “buy” rating and issued a $56.00 target price on shares of PDF Solutions in a research note on Monday, May 18th. Finally, Weiss Ratings upgraded PDF Solutions from a “sell (d)” rating to a “sell (d+)” rating in a research note on Monday, May 11th. Two research analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $54.00.

PDF Solutions Trading Up 0.5%

PDFS opened at $64.14 on Friday. PDF Solutions has a one year low of $18.12 and a one year high of $65.50. The stock has a market cap of $2.56 billion, a price-to-earnings ratio of 356.35 and a beta of 1.71. The stock’s 50 day moving average price is $46.43 and its 200-day moving average price is $36.73. The company has a debt-to-equity ratio of 0.23, a quick ratio of 2.34 and a current ratio of 2.34.

PDF Solutions (NASDAQ:PDFS) last announced its quarterly earnings data on Thursday, May 7th. The technology company reported $0.31 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.23 by $0.08. PDF Solutions had a return on equity of 6.48% and a net margin of 3.10%.The company had revenue of $60.13 million for the quarter, compared to analysts’ expectations of $59.71 million. On average, equities analysts forecast that PDF Solutions will post 0.67 EPS for the current year.

Institutional Trading of PDF Solutions

Institutional investors have recently made changes to their positions in the company. Hantz Financial Services Inc. raised its position in shares of 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 buying an additional 615 shares during the period. Kestra Advisory Services LLC purchased a new stake in PDF Solutions in the fourth quarter valued at approximately $82,000. Johnson Financial Group Inc. purchased a new stake in shares of PDF Solutions during the third quarter worth $83,000. Tower Research Capital LLC TRC increased its position in shares of PDF Solutions by 257.1% during the second quarter. Tower Research Capital LLC TRC now owns 3,392 shares of the technology company’s stock worth $73,000 after acquiring an additional 2,442 shares during the period. Finally, iSAM Funds UK Ltd purchased a new stake in shares of PDF Solutions during the third quarter worth $100,000. 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.