PDF Solutions (NASDAQ:PDFS) Shares Down 7.5% – Should You Sell?

PDF Solutions, Inc. (NASDAQ:PDFS)’s stock price traded down 7.5% on Monday . The company traded as low as $48.36 and last traded at $47.1630. Approximately 41,143 shares were traded during trading, a decline of 93% from the average daily volume of 549,026 shares. The stock had previously closed at $50.98.

Analyst Upgrades and Downgrades

Several research analysts have issued reports on PDFS shares. Wall Street Zen upgraded shares of PDF Solutions from a “hold” rating to a “buy” rating in a research report on Saturday, June 27th. DA Davidson reissued a “buy” rating and set a $56.00 price objective on shares of PDF Solutions in a research note on Monday, May 18th. Rosenblatt Securities upped their target price on PDF Solutions from $52.00 to $63.00 and gave the company a “buy” rating in a report on Friday, July 10th. Finally, Weiss Ratings upgraded PDF Solutions from a “sell (d)” rating to a “sell (d+)” rating in a research report on Monday, May 11th. Two equities research analysts have rated the stock with a Buy rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $59.50.

PDF Solutions Stock Down 6.6%

The company has a debt-to-equity ratio of 0.23, a quick ratio of 2.34 and a current ratio of 2.34. The stock has a market cap of $1.78 billion, a price-to-earnings ratio of 247.74 and a beta of 1.63. The business’s 50 day moving average is $55.91 and its 200 day moving average is $43.25.

PDF Solutions (NASDAQ:PDFS) last released its earnings results on Thursday, May 7th. The technology company reported $0.31 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.23 by $0.08. PDF Solutions had a return on equity of 6.48% and a net margin of 3.10%.The company had revenue of $60.13 million during the quarter, compared to analyst estimates of $59.71 million. Equities analysts expect that PDF Solutions, Inc. will post 0.67 earnings per share for the current year.

Hedge Funds Weigh In On PDF Solutions

Several institutional investors and hedge funds have recently bought and sold shares of PDFS. Hantz Financial Services Inc. increased its holdings in shares of PDF Solutions by 122.8% in the 4th quarter. Hantz Financial Services Inc. now owns 1,116 shares of the technology company’s stock valued at $32,000 after purchasing an additional 615 shares during the period. Tower Research Capital LLC TRC grew its position 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 in the last quarter. Kestra Advisory Services LLC acquired a new position in PDF Solutions in the 4th quarter valued at approximately $82,000. Johnson Financial Group Inc. acquired a new position in PDF Solutions in the 3rd quarter valued at approximately $83,000. Finally, iSAM Funds UK Ltd purchased a new stake in PDF Solutions in the 3rd quarter worth approximately $100,000. Hedge funds and other institutional investors own 79.51% of the company’s stock.

About PDF Solutions

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.