PDF Solutions, Inc. (NASDAQ:PDFS) Receives $58.50 Consensus Price Target from Analysts

PDF Solutions, Inc. (NASDAQ:PDFS) has been assigned an average recommendation of “Hold” from the five research firms that are presently covering the company, Marketbeat.com reports. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating and three have assigned a buy rating to the company. The average 1-year price target among brokerages that have issued ratings on the stock in the last year is $63.00.

Several analysts have recently commented on PDFS shares. Wall Street Zen cut PDF Solutions from a “buy” rating to a “hold” rating in a report on Saturday, August 8th. Weiss Ratings reiterated a “sell (d+)” rating on shares of PDF Solutions in a research report on Friday, August 7th. Wells Fargo & Company began coverage on shares of PDF Solutions in a research report on Tuesday, August 4th. They issued an “equal weight” rating and a $50.00 price objective for the company. Rosenblatt Securities reissued a “buy” rating and set a $63.00 price target on shares of PDF Solutions in a research note on Friday, August 7th. Finally, DA Davidson set a $74.00 price objective on shares of PDF Solutions in a research report on Monday.

Insider Activity at PDF Solutions

In other news, Director Shuo Zhang sold 1,501 shares of the business’s stock in a transaction on Wednesday, August 12th. The stock was sold at an average price of $51.47, for a total transaction of $77,256.47. Following the completion of the sale, the director owned 23,380 shares in the company, valued at $1,203,368.60. The trade was a 6.03% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Company insiders own 11.08% of the company’s stock.

Hedge Funds Weigh In On PDF Solutions

Hedge funds have recently added to or reduced their stakes in the company. Hantz Financial Services Inc. increased its position in PDF Solutions by 122.8% in the fourth 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 period. Quantbot Technologies LP acquired a new stake in shares of PDF Solutions during the 2nd quarter worth approximately $33,000. Meeder Asset Management Inc. bought a new stake in shares of PDF Solutions during the second quarter worth approximately $44,000. Bell Investment Advisors Inc bought a new stake in shares of PDF Solutions during the second quarter worth approximately $49,000. Finally, 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. Institutional investors own 79.51% of the company’s stock.

PDF Solutions Stock Up 3.7%

NASDAQ PDFS opened at $52.80 on Tuesday. PDF Solutions has a 1-year low of $18.93 and a 1-year high of $71.68. The company has a market capitalization of $2.11 billion, a price-to-earnings ratio of 211.20 and a beta of 1.67. The stock’s 50 day moving average is $55.47 and its two-hundred day moving average is $44.71. The company has a current ratio of 3.45, a quick ratio of 3.45 and a debt-to-equity ratio of 0.17.

PDF Solutions (NASDAQ:PDFS) last announced 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. PDF Solutions had a net margin of 4.27% and a return on equity of 7.21%. The firm had revenue of $61.53 million during the quarter, compared to the consensus estimate of $61.17 million. Equities analysts forecast that PDF Solutions will post 0.7 earnings per share for the current fiscal year.

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.