PDF Solutions (NASDAQ:PDFS) Upgraded to “Strong-Buy” at DA Davidson

DA Davidson upgraded shares of PDF Solutions (NASDAQ:PDFS) from a hold rating to a strong-buy rating in a research report sent to investors on Friday,Zacks.com reports.

PDFS has been the subject of several other research reports. Wall Street Zen cut PDF Solutions from a “buy” rating to a “hold” rating in a research report on Saturday, July 26th. Rosenblatt Securities lifted their price objective on shares of PDF Solutions from $31.00 to $33.00 and gave the company a “buy” rating in a research note on Thursday, October 30th. Finally, Weiss Ratings reissued a “hold (c-)” rating on shares of PDF Solutions in a research report on Wednesday, October 8th. One research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and one has given a Hold rating to the stock. According to MarketBeat, the stock currently has an average rating of “Buy” and a consensus price target of $34.00.

PDF Solutions Trading Down 3.8%

Shares of NASDAQ:PDFS traded down $1.04 during midday trading on Friday, reaching $26.45. The company had a trading volume of 555,540 shares, compared to its average volume of 262,035. The company has a fifty day simple moving average of $24.93 and a two-hundred day simple moving average of $22.03. The firm has a market cap of $1.04 billion, a price-to-earnings ratio of 1,323.16 and a beta of 1.57. PDF Solutions has a 1-year low of $15.91 and a 1-year high of $33.42. The company has a debt-to-equity ratio of 0.26, a quick ratio of 2.37 and a current ratio of 2.37.

PDF Solutions (NASDAQ:PDFS) last posted its quarterly earnings data on Thursday, November 6th. The technology company reported $0.25 EPS for the quarter, meeting analysts’ consensus estimates of $0.25. The company had revenue of $57.12 million during the quarter, compared to analyst estimates of $56.69 million. PDF Solutions had a net margin of 0.44% and a return on equity of 4.22%. Research analysts predict that PDF Solutions will post 0.32 earnings per share for the current year.

Institutional Trading of PDF Solutions

Several large investors have recently added to or reduced their stakes in the company. UMB Bank n.a. increased its stake in shares of PDF Solutions by 138.9% in the third quarter. UMB Bank n.a. now owns 951 shares of the technology company’s stock valued at $25,000 after buying an additional 553 shares in the last quarter. Signaturefd LLC lifted its stake in shares of PDF Solutions by 124.1% in the 1st quarter. Signaturefd LLC now owns 1,421 shares of the technology company’s stock valued at $27,000 after purchasing an additional 787 shares during the period. CWM LLC boosted its holdings in PDF Solutions by 94.4% during the second quarter. CWM LLC now owns 1,835 shares of the technology company’s stock worth $39,000 after buying an additional 891 shares during the last quarter. 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. Finally, Strs Ohio acquired a new stake in PDF Solutions in the first quarter worth $105,000. 79.51% of the stock is owned by institutional investors.

PDF Solutions Company Profile

PDF Solutions, Inc provides proprietary software and physical intellectual property products for integrated circuit designs, electrical measurement hardware tools, proven methodologies, and professional services in the United States, China, Japan, and internationally. The company offers Exensio software products, such as Manufacturing Analytics that store collected data in a common environment with a consistent view for enabling product engineers to identify and analyze production yield, performance, reliability, and other issues; Process Control that provides failure detection and classification capabilities for monitoring, alarming, and controlling manufacturing tool sets; Test Operations that offer data collection and analysis capabilities; and Assembly Operations that provide device manufacturers with the capability to link assembly and packaging data, including fabrication and characterization data over the product life cycle.