PDF Solutions, Inc. (NASDAQ:PDFS) has been assigned an average rating of “Buy” from the six research firms that are covering the company, Marketbeat Ratings reports. Two equities research analysts have rated the stock with a hold recommendation and three have given a buy recommendation to the company. The average 12-month price objective among analysts that have issued a report on the stock in the last year is $23.50.
Several equities analysts have issued reports on the stock. Northland Securities reaffirmed a “buy” rating on shares of PDF Solutions in a report on Wednesday. Zacks Investment Research downgraded shares of PDF Solutions from a “buy” rating to a “hold” rating in a report on Saturday, October 12th. ValuEngine downgraded shares of PDF Solutions from a “buy” rating to a “hold” rating in a research note on Tuesday, August 6th. Craig Hallum raised shares of PDF Solutions from a “hold” rating to a “buy” rating and set a $23.50 price target on the stock in a research note on Wednesday. Finally, BidaskClub downgraded shares of PDF Solutions from a “strong-buy” rating to a “buy” rating in a research note on Tuesday, October 1st.
PDFS opened at $14.20 on Wednesday. The company has a market cap of $445.44 million, a price-to-earnings ratio of -59.17 and a beta of 1.25. PDF Solutions has a 52-week low of $7.56 and a 52-week high of $14.35. The firm’s fifty day simple moving average is $12.92 and its two-hundred day simple moving average is $12.75.
PDF Solutions (NASDAQ:PDFS) last posted its quarterly earnings data on Thursday, August 1st. The technology company reported $0.03 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.04 by ($0.01). The company had revenue of $20.57 million for the quarter, compared to analysts’ expectations of $21.43 million. PDF Solutions had a negative net margin of 10.61% and a negative return on equity of 4.34%. The business’s revenue for the quarter was down 2.6% on a year-over-year basis. During the same period in the previous year, the business earned $0.02 earnings per share. As a group, sell-side analysts expect that PDF Solutions will post -0.12 earnings per share for the current fiscal year.
Several large investors have recently bought and sold shares of PDFS. Aperio Group LLC purchased a new position in shares of PDF Solutions in the second quarter worth about $25,000. Bank of Montreal Can purchased a new position in shares of PDF Solutions in the second quarter worth about $30,000. JPMorgan Chase & Co. lifted its stake in shares of PDF Solutions by 15.0% in the second quarter. JPMorgan Chase & Co. now owns 7,764 shares of the technology company’s stock worth $101,000 after buying an additional 1,010 shares in the last quarter. AMP Capital Investors Ltd purchased a new position in shares of PDF Solutions in the second quarter worth about $138,000. Finally, A.R.T. Advisors LLC purchased a new position in shares of PDF Solutions in the second quarter worth about $253,000. 78.35% of the stock is currently owned by hedge funds and other institutional investors.
About PDF Solutions
PDF Solutions, Inc provides hardware, software, and intellectual property products to integrated circuit (IC) vendors in the United States, China, Taiwan, Germany, and internationally. It offers Exensio platform, which consists of Exensio-Yield that collects and stores yield data in an analysis-ready database, which enables product engineers to identify and analyze production yield, performance, reliability, and other issues; Exensio-Control, which provides fault detection and classification capabilities for monitoring, alarming, and controlling manufacturing tool sets; Exensio-Test that offers data collection and analysis capability; Exensio Characterization, which encapsulates test structure analysis functionality of electrical and in-line inspection data from CV test chips and design-for-inspection DFI on-chip instruments; and Exensio ALPS that provides device manufacturers with the capability to link all device data, including fabrication and characterization data from every step of the product life cycle.
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