PDF Solutions (NASDAQ:PDFS) Given New $63.00 Price Target at Rosenblatt Securities

PDF Solutions (NASDAQ:PDFS) had its price objective lifted by Rosenblatt Securities from $52.00 to $63.00 in a research report report published on Friday,Benzinga reports. Rosenblatt Securities currently has a buy rating on the technology company’s stock.

Other research analysts also recently issued reports about the company. DA Davidson reissued a “buy” rating and issued a $56.00 target price on shares of PDF Solutions in a report on Monday, May 18th. Weiss Ratings raised PDF Solutions from a “sell (d)” rating to a “sell (d+)” rating in a report on Monday, May 11th. Finally, Wall Street Zen upgraded PDF Solutions from a “hold” rating to a “buy” rating in a research report on Saturday, June 27th. Two analysts have rated the stock with a Buy rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, PDF Solutions presently has an average rating of “Hold” and an average target price of $59.50.

PDF Solutions Trading Down 0.7%

Shares of PDFS stock opened at $55.52 on Friday. PDF Solutions has a 12-month low of $18.12 and a 12-month high of $71.68. The company has a market capitalization of $2.22 billion, a P/E ratio of 308.46 and a beta of 1.63. The firm has a 50-day moving average price of $55.01 and a 200 day moving average price of $41.34. The company has a quick ratio of 2.34, a current ratio of 2.34 and a debt-to-equity ratio of 0.23.

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

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the business. Hantz Financial Services Inc. grew 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 worth $32,000 after buying an additional 615 shares during the period. Tower Research Capital LLC TRC lifted its holdings in PDF Solutions by 257.1% in the second quarter. Tower Research Capital LLC TRC now owns 3,392 shares of the technology company’s stock valued at $73,000 after buying an additional 2,442 shares during the period. Kestra Advisory Services LLC acquired a new position in PDF Solutions in the fourth quarter valued at approximately $82,000. Johnson Financial Group Inc. bought a new position in PDF Solutions in the third quarter valued at approximately $83,000. Finally, iSAM Funds UK Ltd bought a new position in PDF Solutions in the third quarter valued at approximately $100,000. 79.51% of the stock is currently owned by institutional investors and hedge funds.

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.