PDF Solutions (NASDAQ:PDFS) Earns Buy Rating from Rosenblatt Securities

PDF Solutions (NASDAQ:PDFS)‘s stock had its “buy” rating reiterated by research analysts at Rosenblatt Securities in a report issued on Friday,Benzinga reports. They currently have a $63.00 price objective on the technology company’s stock. Rosenblatt Securities’ price objective indicates a potential upside of 37.25% from the company’s current price.

Several other research firms also recently commented on PDFS. DA Davidson reissued a “buy” rating and set a $56.00 target price on shares of PDF Solutions in a research report on Monday, May 18th. Weiss Ratings raised shares of PDF Solutions from a “sell (d)” rating to a “sell (d+)” rating in a research report on Monday, May 11th. Wells Fargo & Company began coverage on shares of PDF Solutions in a research report on Tuesday. They issued an “equal weight” rating and a $50.00 price target on the stock. Finally, Wall Street Zen upgraded PDF Solutions from a “hold” rating to a “buy” rating in a research note on Saturday, June 27th. Two research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $56.33.

PDF Solutions Price Performance

Shares of NASDAQ:PDFS opened at $45.90 on Friday. 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 has a twelve month low of $18.12 and a twelve month high of $71.68. The stock’s 50 day moving average is $55.93 and its 200-day moving average is $43.95. The firm has a market capitalization of $1.83 billion, a price-to-earnings ratio of 255.01 and a beta of 1.67.

PDF Solutions (NASDAQ:PDFS) last posted its quarterly earnings results on Thursday, August 6th. The technology company reported $0.27 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.27. The business had revenue of $61.53 million during the quarter, compared to the consensus estimate of $61.17 million. PDF Solutions had a net margin of 3.10% and a return on equity of 6.48%. Sell-side analysts forecast that PDF Solutions will post 0.67 EPS for the current fiscal year.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Hantz Financial Services Inc. increased its stake 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 purchasing an additional 615 shares during the last quarter. Bell Investment Advisors Inc purchased a new position in PDF Solutions in the second quarter valued at approximately $49,000. Tower Research Capital LLC TRC grew its holdings in 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 valued at $73,000 after purchasing an additional 2,442 shares during the period. Kestra Advisory Services LLC bought a new position in PDF Solutions during the fourth quarter valued at $82,000. Finally, Johnson Financial Group Inc. purchased a new stake in PDF Solutions in the third quarter worth $83,000. 79.51% of the stock is currently owned by hedge funds and other institutional investors.

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.