BidaskClub upgraded shares of PDF Solutions (NASDAQ:PDFS) from a hold rating to a buy rating in a report released on Monday morning.

Several other research firms have also issued reports on PDFS. ValuEngine raised shares of PDF Solutions from a sell rating to a hold rating in a research report on Saturday, December 1st. Zacks Investment Research raised shares of PDF Solutions from a strong sell rating to a hold rating in a research report on Wednesday, October 31st. Three analysts have rated the stock with a hold rating and one has assigned a buy rating to the stock. The company has an average rating of Hold and a consensus price target of $13.00.

PDFS stock traded up $0.03 during mid-day trading on Monday, hitting $9.21. The company had a trading volume of 36,865 shares, compared to its average volume of 142,204. The firm has a market cap of $296.60 million, a price-to-earnings ratio of -230.13 and a beta of 1.05. PDF Solutions has a 12 month low of $7.56 and a 12 month high of $15.99.

PDF Solutions (NASDAQ:PDFS) last announced its quarterly earnings data on Thursday, November 8th. The technology company reported ($0.06) EPS for the quarter, topping the consensus estimate of ($0.07) by $0.01. PDF Solutions had a negative net margin of 7.79% and a negative return on equity of 3.61%. The business had revenue of $20.21 million for the quarter, compared to analyst estimates of $21.20 million. During the same quarter in the previous year, the firm posted $0.11 earnings per share. The company’s revenue for the quarter was down 23.8% on a year-over-year basis. As a group, analysts expect that PDF Solutions will post -0.25 earnings per share for the current year.

Several hedge funds and other institutional investors have recently bought and sold shares of PDFS. BlackRock Inc. increased its holdings in PDF Solutions by 2.9% during the 3rd quarter. BlackRock Inc. now owns 3,982,768 shares of the technology company’s stock worth $35,964,000 after acquiring an additional 113,917 shares during the period. OppenheimerFunds Inc. increased its holdings in PDF Solutions by 99.5% during the 2nd quarter. OppenheimerFunds Inc. now owns 2,004,835 shares of the technology company’s stock worth $24,018,000 after acquiring an additional 999,845 shares during the period. Dimensional Fund Advisors LP increased its holdings in PDF Solutions by 16.5% during the 3rd quarter. Dimensional Fund Advisors LP now owns 1,867,981 shares of the technology company’s stock worth $16,868,000 after acquiring an additional 263,986 shares during the period. Divisar Capital Management LLC increased its holdings in PDF Solutions by 2.8% during the 2nd quarter. Divisar Capital Management LLC now owns 1,452,205 shares of the technology company’s stock worth $17,397,000 after acquiring an additional 39,129 shares during the period. Finally, Royce & Associates LP increased its holdings in PDF Solutions by 52.2% during the 3rd quarter. Royce & Associates LP now owns 376,000 shares of the technology company’s stock worth $3,395,000 after acquiring an additional 129,000 shares during the period. 84.26% of the stock is currently owned by institutional investors.

PDF Solutions Company Profile

PDF Solutions, Inc provides infrastructure technologies and services to enhance yield and optimize performance of integrated circuits (IC) in the United States, Germany, Taiwan, China, and internationally. It offers manufacturing process solutions; volume manufacturing solutions; design-for-inspection (DFI) solutions; and design-for-manufacturability (DFM) solutions.

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