PDF Solutions (NASDAQ:PDFS) Stock Rating Upgraded by Wall Street Zen

PDF Solutions (NASDAQ:PDFS) was upgraded by analysts at Wall Street Zen from a “hold” rating to a “buy” rating in a report issued on Saturday.

A number of other analysts have also issued reports on PDFS. Rosenblatt Securities reaffirmed a “buy” rating and set a $34.00 target price on shares of PDF Solutions in a research report on Monday, February 9th. Weiss Ratings restated a “sell (d)” rating on shares of PDF Solutions in a report on Monday, December 29th. Finally, DA Davidson upped their target price on PDF Solutions from $38.00 to $40.00 and gave the company a “buy” rating in a research report on Friday. Two equities research analysts have rated the stock with a Buy rating and one has given a Sell rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $37.00.

PDF Solutions Stock Down 0.5%

Shares of NASDAQ:PDFS opened at $33.78 on Friday. The company has a market capitalization of $1.35 billion, a price-to-earnings ratio of -1,689.00 and a beta of 1.55. The company has a 50 day moving average of $31.92 and a two-hundred day moving average of $27.50. PDF Solutions has a 52-week low of $15.91 and a 52-week high of $36.99. The company has a quick ratio of 2.28, a current ratio of 2.28 and a debt-to-equity ratio of 0.24.

PDF Solutions (NASDAQ:PDFS) last announced its earnings results on Thursday, February 12th. The technology company reported $0.30 earnings per share for the quarter, beating the consensus estimate of $0.24 by $0.06. PDF Solutions had a negative net margin of 0.29% and a positive return on equity of 4.86%. The business had revenue of $62.40 million during the quarter, compared to the consensus estimate of $61.95 million. As a group, analysts forecast that PDF Solutions will post 0.32 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in PDFS. UMB Bank n.a. increased its holdings in shares of PDF Solutions by 138.9% in the 3rd quarter. UMB Bank n.a. now owns 951 shares of the technology company’s stock valued at $25,000 after acquiring an additional 553 shares during the last quarter. Hantz Financial Services Inc. boosted its holdings 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. CWM LLC increased its stake in PDF Solutions by 94.4% during the second quarter. CWM LLC now owns 1,835 shares of the technology company’s stock valued at $39,000 after purchasing an additional 891 shares during the last quarter. Kestra Advisory Services LLC bought a new stake in PDF Solutions during the fourth quarter valued at $82,000. Finally, Johnson Financial Group Inc. acquired a new stake in shares of PDF Solutions during the third quarter worth $83,000. Institutional investors and hedge funds own 79.51% of the company’s stock.

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.