PDF Solutions (NASDAQ:PDFS) Cut to “Hold” at Wall Street Zen

Wall Street Zen cut shares of PDF Solutions (NASDAQ:PDFS) from a buy rating to a hold rating in a research report released on Saturday morning.

A number of other analysts also recently issued reports on PDFS. Rosenblatt Securities reaffirmed a “buy” rating and set a $63.00 price target on shares of PDF Solutions in a report on Friday. DA Davidson reiterated a “buy” rating and issued a $56.00 price objective on shares of PDF Solutions in a report on Monday, May 18th. Wells Fargo & Company began coverage on PDF Solutions in a research report on Tuesday, August 4th. They set an “equal weight” rating and a $50.00 target price on the stock. Finally, Weiss Ratings upgraded PDF Solutions from a “sell (d)” rating to a “sell (d+)” rating in a research note on Monday, May 11th. Two equities research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $56.33.

PDF Solutions Price Performance

Shares of PDFS opened at $47.63 on Friday. The firm has a market capitalization of $1.90 billion, a price-to-earnings ratio of 190.52 and a beta of 1.67. The firm’s fifty day simple moving average is $55.87 and its 200-day simple moving average is $44.13. PDF Solutions has a twelve month low of $18.56 and a twelve month high of $71.68. The company has a current ratio of 3.45, a quick ratio of 3.45 and a debt-to-equity ratio of 0.17.

PDF Solutions (NASDAQ:PDFS) last issued its earnings results on Thursday, August 6th. The technology company reported $0.27 EPS for the quarter, hitting analysts’ consensus estimates of $0.27. The firm had revenue of $61.53 million during the quarter, compared to the consensus estimate of $61.17 million. PDF Solutions had a net margin of 4.27% and a return on equity of 7.21%. Equities analysts forecast that PDF Solutions will post 0.67 EPS for the current fiscal year.

Hedge Funds Weigh In On PDF Solutions

Several large investors have recently bought and sold shares of PDFS. Royal Bank of Canada grew its holdings in shares of PDF Solutions by 40.9% during the first quarter. Royal Bank of Canada now owns 19,092 shares of the technology company’s stock worth $365,000 after purchasing an additional 5,540 shares during the last quarter. Amundi lifted its holdings in shares of PDF Solutions by 117,205.9% in the 1st quarter. Amundi now owns 19,942 shares of the technology company’s stock valued at $381,000 after purchasing an additional 19,925 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in shares of PDF Solutions by 4.3% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 18,465 shares of the technology company’s stock valued at $353,000 after purchasing an additional 753 shares during the last quarter. Jane Street Group LLC boosted its position in shares of PDF Solutions by 113.6% in the 1st quarter. Jane Street Group LLC now owns 60,883 shares of the technology company’s stock valued at $1,163,000 after purchasing an additional 32,383 shares during the period. Finally, Strs Ohio acquired a new stake in shares of PDF Solutions in the 1st quarter valued at about $105,000. Institutional investors and hedge funds 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.