BidaskClub cut shares of PDF Solutions (NASDAQ:PDFS) from a sell rating to a strong sell rating in a report released on Tuesday.

A number of other analysts have also issued reports on the company. ValuEngine raised PDF Solutions from a sell rating to a hold rating in a research note on Saturday, November 25th. Northland Securities raised PDF Solutions from a market perform rating to an outperform rating and set a $22.00 price target on the stock in a research note on Tuesday, October 3rd. Finally, Zacks Investment Research raised PDF Solutions from a sell rating to a hold rating in a research note on Tuesday, October 3rd. Two equities research analysts have rated the stock with a sell rating, two have assigned a hold rating and one has given a buy rating to the company. The stock currently has an average rating of Hold and a consensus price target of $20.00.

Shares of PDF Solutions (NASDAQ PDFS) traded down $0.38 on Tuesday, reaching $14.96. The company’s stock had a trading volume of 178,495 shares, compared to its average volume of 204,111. PDF Solutions has a one year low of $14.11 and a one year high of $23.93. The firm has a market capitalization of $466.10, a price-to-earnings ratio of 115.08, a P/E/G ratio of 5.99 and a beta of 1.47.

PDF Solutions (NASDAQ:PDFS) last issued its quarterly earnings results on Thursday, October 26th. The technology company reported $0.11 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.12 by ($0.01). The firm had revenue of $26.50 million during the quarter, compared to analyst estimates of $26.67 million. PDF Solutions had a return on equity of 2.10% and a net margin of 4.08%. The business’s revenue was down 2.9% on a year-over-year basis. During the same period in the prior year, the firm earned $0.17 earnings per share. research analysts predict that PDF Solutions will post 0.04 EPS for the current year.

Several large investors have recently modified their holdings of PDFS. Schwab Charles Investment Management Inc. boosted its stake in shares of PDF Solutions by 0.6% in the second quarter. Schwab Charles Investment Management Inc. now owns 111,844 shares of the technology company’s stock worth $1,840,000 after acquiring an additional 646 shares during the last quarter. Rhumbline Advisers boosted its stake in shares of PDF Solutions by 1.0% in the second quarter. Rhumbline Advisers now owns 31,097 shares of the technology company’s stock worth $512,000 after acquiring an additional 300 shares during the last quarter. Wells Fargo & Company MN boosted its stake in shares of PDF Solutions by 2.6% in the second quarter. Wells Fargo & Company MN now owns 42,879 shares of the technology company’s stock worth $706,000 after acquiring an additional 1,084 shares during the last quarter. Alliancebernstein L.P. boosted its stake in PDF Solutions by 30.8% during the second quarter. Alliancebernstein L.P. now owns 29,720 shares of the technology company’s stock worth $489,000 after buying an additional 7,000 shares during the last quarter. Finally, Teachers Advisors LLC boosted its stake in PDF Solutions by 11.8% during the second quarter. Teachers Advisors LLC now owns 49,849 shares of the technology company’s stock worth $820,000 after buying an additional 5,259 shares during the last quarter. 86.23% of the stock is currently owned by hedge funds and other institutional investors.

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About PDF Solutions

PDF Solutions, Inc is a provider of infrastructure technologies and services for integrated circuits (IC). The Company’s technologies and services focus on the IC manufacturing process life cycle. It operates in the segment of licensing and implementation of yield improvement solutions for integrated circuit manufacturers.

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