Somewhat Positive Press Coverage Somewhat Unlikely to Impact PDF Solutions (PDFS) Stock Price
Media headlines about PDF Solutions (NASDAQ:PDFS) have been trending somewhat positive recently, according to Accern Sentiment. The research group identifies positive and negative press coverage by reviewing more than twenty million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. PDF Solutions earned a media sentiment score of 0.17 on Accern’s scale. Accern also gave news headlines about the technology company an impact score of 46.4462798735079 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.
Several equities research analysts have commented on the stock. Craig Hallum lowered shares of PDF Solutions from a “buy” rating to a “hold” rating and decreased their price objective for the company from $22.00 to $18.00 in a research note on Friday, July 28th. BidaskClub upgraded shares of PDF Solutions from a “sell” rating to a “hold” rating in a research note on Saturday, July 8th. Northland Securities set a $22.00 price objective on shares of PDF Solutions and gave the company a “hold” rating in a research note on Sunday, July 30th. Finally, ValuEngine lowered shares of PDF Solutions from a “hold” rating to a “sell” rating in a research note on Wednesday, May 31st. Three investment analysts have rated the stock with a sell rating, two have issued a hold rating and one has given a buy rating to the stock. PDF Solutions currently has a consensus rating of “Hold” and a consensus target price of $23.33.
Shares of PDF Solutions (PDFS) traded up 2.35% during midday trading on Monday, hitting $15.71. 47,433 shares of the stock traded hands. The firm has a market capitalization of $507.95 million, a PE ratio of 92.96 and a beta of 1.43. PDF Solutions has a 52 week low of $14.11 and a 52 week high of $24.44. The company’s 50-day moving average is $15.30 and its 200 day moving average is $18.30.
PDF Solutions (NASDAQ:PDFS) last issued its earnings results on Thursday, July 27th. The technology company reported $0.08 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.02 by $0.06. The firm had revenue of $24.30 million for the quarter, compared to the consensus estimate of $26.58 million. PDF Solutions had a net margin of 5.29% and a return on equity of 2.78%. The business’s revenue was down 9.0% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.16 earnings per share. Analysts anticipate that PDF Solutions will post $0.44 earnings per share for the current year.
In other news, Director Lucio Lanza sold 60,000 shares of the company’s stock in a transaction that occurred on Friday, August 18th. The shares were sold at an average price of $15.00, for a total value of $900,000.00. Following the transaction, the director now owns 318,967 shares in the company, valued at $4,784,505. The sale was disclosed in a legal filing with the SEC, which is available at this link. Corporate insiders own 16.20% of the company’s stock.
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About PDF Solutions
PDF Solutions, Inc is a provider of infrastructure technologies and services for integrated circuits (IC). The Company’s technologies and services focus on the IC manufacturing process life cycle. It operates in the segment of licensing and implementation of yield improvement solutions for integrated circuit manufacturers.
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