PDF Solutions (NASDAQ:PDFS) Trading Down 7.2% – Should You Sell?

PDF Solutions, Inc. (NASDAQ:PDFS)’s stock price dropped 7.2% during mid-day trading on Friday . The company traded as low as $62.40 and last traded at $63.7160. 50,468 shares changed hands during trading, a decline of 91% from the average daily volume of 531,748 shares. The stock had previously closed at $68.67.

Analyst Ratings Changes

Several research firms have recently commented on PDFS. Wall Street Zen raised shares of PDF Solutions from a “hold” rating to a “buy” rating in a research note on Saturday. DA Davidson reaffirmed a “buy” rating and set a $56.00 target price on shares of PDF Solutions in a research note on Monday, May 18th. Rosenblatt Securities reiterated a “buy” rating and set a $52.00 target price on shares of PDF Solutions in a report on Tuesday, May 19th. Finally, Weiss Ratings upgraded shares of PDF Solutions from a “sell (d)” rating to a “sell (d+)” rating in a report on Monday, May 11th. Two investment analysts have rated the stock with a Buy rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, PDF Solutions has a consensus rating of “Hold” and a consensus price target of $54.00.

PDF Solutions Stock Down 8.2%

The business has a 50-day simple moving average of $51.70 and a 200-day simple moving average of $39.27. The company has a debt-to-equity ratio of 0.23, a quick ratio of 2.34 and a current ratio of 2.34. The company has a market cap of $2.52 billion, a price-to-earnings ratio of 350.08 and a beta of 1.71.

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

Institutional Investors Weigh In On PDF Solutions

A number of large investors have recently modified their holdings of the company. Hantz Financial Services Inc. raised its holdings in shares of PDF Solutions by 122.8% in 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 grew its stake in shares of PDF Solutions by 4.5% during the second quarter. State of Wyoming now owns 15,447 shares of the technology company’s stock worth $330,000 after purchasing an additional 668 shares in the last quarter. LPL Financial LLC increased its holdings in PDF Solutions by 7.6% in the fourth quarter. LPL Financial LLC now owns 10,399 shares of the technology company’s stock valued at $297,000 after buying an additional 734 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in PDF Solutions by 4.3% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 18,465 shares of the technology company’s stock valued at $353,000 after buying an additional 753 shares during the last quarter. Finally, PNC Financial Services Group Inc. increased its holdings in PDF Solutions by 12.1% in the fourth quarter. PNC Financial Services Group Inc. now owns 7,096 shares of the technology company’s stock valued at $202,000 after buying an additional 764 shares during the last quarter. 79.51% of the stock is owned by hedge funds and other 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.