Somewhat Favorable News Coverage Somewhat Unlikely to Affect PDF Solutions (PDFS) Stock Price
Headlines about PDF Solutions (NASDAQ:PDFS) have trended somewhat positive recently, Accern Sentiment Analysis reports. The research firm identifies positive and negative news coverage by reviewing more than 20 million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. PDF Solutions earned a news impact score of 0.22 on Accern’s scale. Accern also assigned media stories about the technology company an impact score of 46.2807194581889 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.
PDF Solutions (PDFS) traded down 0.28% on Friday, reaching $14.46. The company had a trading volume of 152,743 shares. The stock’s 50 day moving average price is $15.24 and its 200-day moving average price is $18.16. The stock has a market capitalization of $467.54 million, a PE ratio of 85.56 and a beta of 1.43. PDF Solutions has a 12-month low of $14.11 and a 12-month high of $24.44.
PDF Solutions (NASDAQ:PDFS) last announced its quarterly earnings results on Thursday, July 27th. The technology company reported $0.08 EPS for the quarter, topping the consensus estimate of $0.02 by $0.06. The business had revenue of $24.30 million for the quarter, compared to analysts’ expectations of $26.58 million. PDF Solutions had a net margin of 5.29% and a return on equity of 2.78%. The business’s quarterly revenue was down 9.0% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.16 EPS. Equities analysts expect that PDF Solutions will post $0.43 earnings per share for the current fiscal year.
PDFS has been the topic of several recent research reports. BidaskClub upgraded PDF Solutions from a “sell” rating to a “hold” rating in a research report on Saturday, July 8th. Craig Hallum upgraded PDF Solutions from a “hold” rating to a “buy” rating and set a $22.00 price objective on the stock in a research report on Wednesday, July 12th. ValuEngine downgraded PDF Solutions from a “hold” rating to a “sell” rating in a research report on Wednesday, May 31st. Finally, Northland Securities set a $22.00 price objective on PDF Solutions and gave the stock a “hold” rating in a research report on Sunday, July 30th. Three analysts have rated the stock with a sell rating, two have issued a hold rating and one has given a buy rating to the company. PDF Solutions presently has an average rating of “Hold” and a consensus target price of $23.33.
In other news, Director Lucio Lanza sold 60,000 shares of the company’s stock in a transaction dated Friday, August 18th. The shares were sold at an average price of $15.00, for a total transaction of $900,000.00. Following the sale, the director now directly owns 318,967 shares in the company, valued at approximately $4,784,505. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 16.20% of the stock is currently owned by corporate insiders.
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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